South Africa Job Openings

BDO South Africa

Audit Manager: Financial Services

FULL TIME

November 13, 2024


At BDO, we believe in investing in our people to help them grow, both professionally and personally. The foundation of our business is strong relationship, with colleagues, clients and other stakeholders and we work hard every day to make this a reality. Our commitment is to create unlimited growth by giving our people continuous opportunities and our client's unparalleled support.

BDO’s global organisation extends across 167 countries and territories, with 88,120 people working out of 1,617 offices – and we’re all working towards one goal: to provide our clients with exceptional service. Our firms across the organisation cooperate closely and comply with consistent operating principles and quality standards.

BDO South Africa has a vacancy for an Audit Manager: Banking post, specifically in our Financial Services Division.

The primary purpose of the Financial Services Manager: Banking role is to assist the Partners at BDO Financial Services with identifying, leading, and managing key accounts and implementing business development within the Banking sector in South Africa, focusing on external audit and consulting services.
The Manager will also be given the responsibility to lead Banking project engagements in both the audit (external and internal) and consulting areas of the Financial Services division, based out of Johannesburg. This role will involve taking responsibility for the planning, execution and delivery of engagements; leading project and audit teams to achieve this; and building and maintaining client relationships while delivering on this.

In addition, the Manager will be expected to get involved with the day-to-day operations of the Financials Services business unit, which include (but are not limited to) functions such as:
  • finance (budget and WIP monitoring and management),
  • staff recruitment,
  • staff training,
  • counselling / mentoring audit trainees under the SAICA assessor program,
  • coaching / mentoring junior managers,
  • audit quality,
  • risk management / client onboarding, and
  • assisting leadership of FS with proactively contributing to setting the FS strategy and then implementing the strategy plan in the sector of Banking, once approved.

Focus will be specifically on experience in the Financial Services sector, particularly in banking and lending.
We are looking for candidates who would be:
  • A go-getter looking for exciting career growth opportunities in a fast-growing business unit within a leading professional services firm. A self-starter that is able to project manage and run assignments and teams independently, with a passion for client relationships and mentoring young CA talent.
  • Able to analyse and make decisions regarding complex accounting, auditing, and risk management matters, relating to the Banking and Lending industry;
  • Able to develop and review high quality working papers, audit files and reports, and then be able to present the results to senior level staff members at BDO and at clients (C-level staff and Audit / Risk Committee equivalents);
  • Able to identify key areas of change and subjectivity affecting the Banking and Lending industry in South Africa, research these areas and summarise internal views and consultations, with a view to providing thought leadership out to the FS market on banking and lending;
  • Able to collaborate with the existing FS team as part of a flat reporting structure; and to collaborate with other FS Managers, Senior Managers, Associate Directors and Partners across BDO Financial Services.
Requirements:
  • B. Com Honours; CA (SA) qualification;
  • A minimum of 2-3 years’ post-qualification/articles experience;
  • Specific experience in banking and/or lending external audit engagements at a professional services firm, and/or Financial Services work experience outside practice but within the industry post articles;
  • A sound knowledge of and exposure to the IASB accounting standards, audit standards (ISA’s) currently in issue, and a wide general knowledge of legislation and regulations that could affect financial reporting in the Financial Services industry;
  • Deep knowledge and experience with the application of IFRS 7, IFRS 9, IFRS 13 and IAS 39 and all the ISA’s currently in issuance.

Competencies:
  • Building trust and relationships
  • Fostering collaborative teamwork
  • Accessibility, persuasiveness and influencing
  • Proactive in all that we do
  • Fostering active communication
  • Continuously adding value
  • Client focused
  • Demonstrating a commercial and innovative digital mind-set
  • Aligning career aspirations with the strategies, goals and objectives of the team and firm
  • Innovative and willing to share ideas for new ways of working
  • Ability to work with all levels within an organisation
  • Demonstration of passion and energy to Financial Services and to the specific area of specialisation

The appointment will be made in terms of the firm’s Employment Equity Policy.
Only short-listed candidates will be contacted.
CONSENT TO PROCESS YOUR INFORMATION:

By sending us your application, Curriculum Vitae, academic records, qualifications, or any other personal information as defined by POPIA:
1. You have disclosed up to date and accurate records; and
2. You agree to us keeping your records in our data base as per our Retention Policy.

Declaration:
By agreeing to the terms herein, you give BDO South Africa the authority to process your personal information. This consent will remain valid until such time as we have received instructions from you to request, subject to any applicable law and where appropriate, the correction, updating or deletion of your personal information held by us. You further acknowledge and declare that all personal information supplied to BDO is accurate, up to date, not misleading and complete in all respects.



  • B. Com Honours; CA (SA) qualification;
  • A minimum of 2-3 years’ post-qualification experience;
  • Specific experience in banking and/or lending external audit engagements at a professional services firm, and/or Financial Services work experience outside practice but within the industry post articles;
  • A sound knowledge of and exposure to the IASB accounting standards, audit standards (ISA’s) currently in issue, and a wide general knowledge of legislation and regulations that could affect financial reporting in the Financial Services industry;
  • Deep knowledge and experience with the application of IFRS 7, IFRS 9, IFRS 13 and IAS 39 and all the ISA’s currently in issuance
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