Posted on :
5 Oct, 2022
5 Oct, 2022
Makosi is a growing tech-backed company disrupting the accounting industry and how firms find, integrate, and manage talent. At Makosi, we are in the business of changing the future of how accounting firms structure their workforce for good. Secure a spot on the coolest and fastest-growing fully remote team ever!
Makosi’s core values are part of the deeply ingrained principles that guide all our company’s actions and we expect that our teams embody these core competencies in our internal and external service offering, deliverables, and dealings through displaying:
The Audit industry is a big business – around $700 billion big. It’s also gone a remarkably long time without any major disruption, and we’re excited to bring a long-overdue update. We’re building a new category of tech-forward professional services, rewriting the story of who does the work in the Audit industry, and taking the business of Audit to a new standard.
We work with in-house Audit teams at some of the most innovative companies in the world across various sectors – financial services, life sciences, energy, technology, entertainment & media, consumer products, and more – to help solve their most pressing challenges.
We’re comprised of 1000+ passionate Makosi’s who serve over 80 percent of the Top 100 Public Accounting firms across 7 offices globally (and growing), delivering complex solutions via a highly scalable two-sided marketplace platform for Audit talent.
We have established ourselves as the leading disruptor within one of the largest business services industries. And we’re only getting started.
Job Title: Audit Seniors / Managers
Location: Work from Home
Duties & Responsibilities:
As a Makosi Audit Ninja, you will have the unique opportunity to contribute to the overall client experience by developing, building, and maintaining impactful and lasting relationships with our clients.
Senior Audit Consultants take part in audits of a portfolio of global client accounts as you are embedded in the company’s team and culture while forming part of the Makosi family where your growth and development are our primary concern
Some of the standards our clients use:
Responsible for the planning, execution and conclusion phases of the audit
Pre engagement activities including setting an understanding with the client on the audit approach to be embarked on
Determination of planning activities including determination of materiality
IFRS 15 – Analyzed if a client had a valid contract in place with its customer, this was used as a benchmark of the performance obligations stated in this contract, fulfilment of this benchmark led to revenue recognition
IAS 40 – Audited an investment holding company and determined if property improvement costs were treated correctly.
IAS 12 – Calculating the deferred tax consequences of multiple clients incorporating any recent tax amendments such as the tax allowance for the doubtful debts provision
IFRS 9 – Calculating the expected credit losses estimate of a client and comparing this to their bad debts provision whilst understanding their customer base, credit terms and industry norms
IAS 16 – Determining if the useful lives and residual estimates assessment used by a client was reasonable, considering the current resale value of those assets and determining the appropriateness of these assets still being used but depreciated fully
IFRS 16 – Auditing the recording of a payment holiday that was utilized by a client, considering the requirements of the rental concession’s amendment
Desired Experience & Qualification:
Newly Qualified CA(SA) / Minimum ITC
Completed SAICA Articles
Exposure to US GAAP, UK GAAP, SOX
Fincial Services, Telecommunications, Hedge Funds, and Investment Audit experience
Package & Remuneration: