Audit Associate Job at Stransact Chartered Accountants

Stransact Chartered Accountants is the correspondent firm in Nigeria for RSM, the 6th largest network of Auditing, Tax and Consulting firms worldwide.

We are recruiting to fill the position below:

Job Title:  Audit Associate

Location: Lagos
Employment Type: Full-time

Job Summary

• As an Audit Associate at Stransact, you will support audit engagements for various clients and industries.
• You will play a key role in performing detailed financial analysis, assessing risks, and ensuring compliance with regulatory and professional standards. 
• This position offers an opportunity to collaborate within a dynamic team and contribute to delivering high-quality audit services while growing your professional expertise.

Responsibilities

• Audit Engagement: Assist in planning and executing audit engagements for clients across various industries, ensuring compliance with relevant regulations and standards.
• Financial Analysis: Perform detailed testing of financial records and transactions to ensure accuracy, reliability, and adherence to accounting standards.
• Documentation and Reporting: Prepare comprehensive audit reports, working papers, and other documentation in accordance with professional standards.
• Process Improvement: Identify inefficiencies and areas for improvement within client operations, offering practical recommendations to enhance internal controls and compliance.
• Risk Assessment: Conduct risk assessments during audit engagements to identify potential issues and recommend mitigating strategies.
• Client Collaboration: Build and maintain strong relationships with clients, acting as a point of contact to address their audit-related needs.
• Regulatory Compliance: Stay up to date with changes in accounting and auditing standards to ensure audits are conducted in compliance with professional guidelines.
• Team Coordination: Collaborate effectively with team members to meet project deadlines and deliver exceptional results, while also contributing to the professional development of junior staff.
• Software Utilization: Leverage accounting and audit software tools to streamline the audit process and enhance accuracy in reporting.

Education and Experience

• Bachelor's degree in Accounting or a related field (minimum of 2nd class upper division).
• Associate membership in a relevant professional body (ACA or ACCA). Other professional qualifications are an advantage.
• 1-3 years of auditing/accounting experience in a top-tier professional services firm.
• Strong knowledge of accounting principles, auditing standards, and regulatory requirements.
• Proficiency in Microsoft Office and accounting software.
• Excellent analytical, organizational, and communication skills.
• A proactive attitude, attention to detail, and the ability to handle multiple tasks effectively in a fast-paced environment.
• Strong team player with the ability to work both independently and collaboratively.