Posted on :
9 Aug, 2021
9 Aug, 2021
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 91,054 people working out of 1,658 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
Job Title: Associate Director – Banking/Lending
Location: Cape Town, Western Cape, South Africa
Reference #: FSS_01
Contract Type: Permanent
Salary: Market Related
BDO has a vacancy for an Associate Director in Banking/Lending, specifically in our Financial Services Division in Cape Town.
The Associate Director will be given the responsibility to lead banking and lending audit and advisory engagements. This role will involve taking responsibility for the planning and execution / delivery of engagements, leading project / audit teams to achieve this and building / maintaining key client relationships while delivering on this.
In addition, the Associate Director will be expected to get involved with the day-to-day operations of the Financial Services business unit, which include (but are not limited to) functions such as:
•Finance (budget and WIP monitoring and management),
•Counselling / mentoring audit trainees under the SAICA assessor program,
•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 Banking/Lending sector, once approved.
We are looking for candidates who would be:
•Able to analyse and make decisions regarding complex accounting, auditing and risk management matters, in particular relating to the Banking/Lending industry
•Able to develop and review high quality working papers, audit files and reports / deliverables, and then be able to present the results / findings to senior level staff members at BDO (Partners) and at clients (C-level staff and Audit / Risk Committee equivalents)
•Able to identify key areas of change and subjectivity affecting the industry in South Africa and the United Kingdom, research these areas and summarise internal views and consultations, with a view to providing thought leadership out to the FS market on Banking/Lending.
•Able to maintain a business development mindset and be client liaison for assurance client targets at Tier one clients.
•Able to embrace our drive for technological change in the industry and get involved in our audit digitisation projects – reviewing functional specs and liaising with the digitisation team.
•Able to collaborate with the existing FS team as part of a flat reporting structure; and to collaborate with other FS managers, AD’s and Partners across BDO Financial Services.
•A minimum of 7 years’ post-qualification experience
•Specific experience in banking/lending external audit at a professional services firm, or Financial Services / banking work experience outside practice but within the industry
•A sound knowledge of and exposure 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. In particular, deep knowledge and experience with the application of IFRS 9, IFRS 13 and all of the ISA’s currently in issuance.
•Building trust and relationships
•Fostering collaborative teamwork
•Accessibility, persuasiveness and influencing
•Proactive in all that we do
The appointment will be made in terms of the firm’s Employment Equity Policy.
Only short-listed candidates will be contacted.
Application Deadline: 20/08/2021