AUDIT AND ASSURANCE JOB DESCRIPTION

An audit professional without clear ownership of engagement quality leaves clients exposed and regulators unsatisfied. The Audit and Assurance role answers that gap, holding end-to-end accountability for financial statement audits and assurance engagements delivered to external clients across diverse industries. Standards matter here. Work is governed by GAAP, GAAS, and firm-level Q&RM guidelines, and outputs - from work papers to management letters - carry the weight of professional certification. The role demands equally sharp analytical judgment and the interpersonal range to manage client relationships at every seniority level.

As the Audit and Assurance professional, you plan, execute, and conclude client audit engagements while ensuring every deliverable meets regulatory and professional standards that protect both the client and the firm. You operate within a structured engagement team, coordinating with junior staff, senior managers, and client personnel to move engagements from pre-planning through final report issuance.

Career Impact: Sustained exposure to multi-industry client portfolios and Q&RM-governed engagements builds the technical depth that accelerates progression toward CPA licensure and senior audit roles.

Business Impact: The accuracy of financial statements and attestation deliverables this role produces directly determines whether clients meet their regulatory reporting obligations on time and without material misstatement.

Growth Opportunity: The combination of IT audit exposure, IFRS and GAAP application, and engagement management experience positions professionals for advancement into Audit Manager or Advisory lead roles within three to five years.

• Execute audit and assurance engagements for external clients in compliance with GAAP, GAAS, and firm Q&RM guidelines.
• Review work papers, financial statements, and related disclosures for accuracy and adherence to professional standards.
• Identify and escalate audit risks, control deficiencies, and unusual client transactions to engagement leadership.
• Prepare and present engagement findings, reports, and schedules to clients and senior team members.
• Supervise and coach junior engagement team members, providing structured performance feedback throughout the engagement.
• Develop productive working relationships with client personnel to ensure efficient and complete information flow.
• Support pre-engagement planning, budget development, and post-engagement billing and collections on assigned accounts.
• Contribute to department technical training and business development activities as directed.

• Bachelor's degree in Accounting or a related field, or equivalent work experience.
• 3 or more years of audit or assurance experience in a public accounting firm, with demonstrated engagement execution responsibility.
• CPA license, CPA exam eligibility, or equivalent professional accountancy certification such as ACCA or CISA.
• Thorough knowledge of current auditing techniques, including risk-based auditing and internal control evaluation.
• Familiarity with GAAP, GAAS, and applicable regulatory compliance frameworks governing financial reporting.
• Strong analytical and research skills with close attention to detail in documentation and financial statement review.
• Effective written and verbal communication skills, with demonstrated ability to interact across client and internal stakeholder levels.
• Ability to manage competing priorities, meet client deadlines, and travel within the region as engagement needs require.

• Prior exposure to IFRS or international GAAP standards, particularly relevant for cross-border or fund-sector clients.
• Experience auditing Information Technology General Controls in support of financial statement audits, with knowledge of Application Controls and Key Reports.
• Background in a specialized industry segment such as hedge funds, real estate, or financial services, bringing relevant sector-specific audit knowledge.
• Proficiency in a second language, particularly Cantonese, Mandarin, or another language serving the firm's primary client markets.

• Engagement completion rate within budgeted hours, reflecting planning accuracy and team execution efficiency.
• Work paper review cycle time, measuring how quickly documentation moves from preparer to sign-off without revision loops.
• Client feedback score per engagement, capturing the quality of relationship management and deliverable clarity.
• Number of audit findings escalated versus resolved at staff level, indicating independent judgment and technical competence.
• CPE hours completed annually, reflecting commitment to maintaining professional licensure requirements.
• Typical tools: Audit documentation platforms (commonly CaseWare or Engagement FX); spreadsheet applications (commonly Microsoft Excel); database tools (commonly Microsoft Access).

• Base Salary Range: $65,000 to $95,000 depending on seniority and market.
• Bonus: Annual performance bonus, typically 5 to 15 percent of base.
• Equity: Generally not offered at this level in public accounting.
• Health Benefits: Medical, dental, and vision coverage; standard US employer plan.
• PTO: 15 to 20 days annually, plus firm holidays and busy-season flexibility.
• Common Perks: CPA exam fee reimbursement, CPE support, professional membership dues, and structured mentorship programs.

Figures are estimates based on general US market benchmarks and may be outdated. Adjust based on location, company size, and seniority level.

Background check completion and work authorization verification are conditions of employment for all positions. Candidates must be legally authorized to work in the United States without sponsorship unless otherwise specified. Reasonable accommodations will be provided to qualified individuals with disabilities throughout the application and employment process in accordance with the Americans with Disabilities Act. All applicants are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other characteristic protected under applicable federal, state, or local law.

The Analyst, National Accounting & Assurance owns the maintenance of critical regulatory compliance systems, collating and analysing data via Excel to produce reports that drive change across key business areas. Working within the Risk Management organisation and liaising closely with internal customers, partners, and leadership, this analyst shapes reporting outputs that directly support both regulatory and business decision-making.

Key Responsibilities

• Support critical regulatory compliance system maintenance for regulatory and business reporting requirements.
• Liaise extensively with internal customers.
• Provide partners and leadership with information needed to base decisions.
• Collate, manipulate and analyse data using Excel functions to produce reports and proactively drive change in key business areas.
• Review and refresh information held on existing clients.
• Provide ad-hoc support to the wider Risk Management organisation when required.
• Contribute to ad-hoc project work supporting risk management and regulatory compliance.

Required Qualifications

• High level of IT competence, particularly in Microsoft Excel and databases.
• Working knowledge of Microsoft PowerPoint, Outlook and Teams beneficial but not essential.
• Excellent research and analytical skills combined with good judgement and effective decision-making capability.
• Skilled communicator with strong interpersonal abilities at all levels.
• Enthusiastic team player able to solve problems independently.
• Flexible and able to multi-task in a dynamic role with tight deadlines and competing priorities.
• Able to work effectively in diverse teams with an inclusive culture where people are recognised for their contribution.
• Discretion required; subject to enhanced confidentiality agreement and certain investment restrictions.

Reporting to assurance leadership, the Audit and Assurance professional delivers a full range of IT audit services - including ITGC testing and information systems control reviews - in direct support of financial statement audits across a cross-industry client base. Partnering with client management and internal teams, this role advances the firm's IT Assurance metrics while identifying security and risk management issues that strengthen overall process integrity.

Primary Duties

• Deliver a full range of IT audit services, including testing and assessment of information systems control review engagements in support of financial statement audits.
• Evaluate and test IT controls and identify areas of risk.
• Apply current knowledge of IT trends and systems processes to identify security and risk management issues and opportunities for process improvement.
• Maintain professionalism and rapport with clients; proactively manage expectations, ensure satisfaction, meet deadlines and resolve problems.
• Gain a comprehensive understanding of assigned client operations, processes and business objectives and utilise that knowledge on engagements.
• Participate in recruiting efforts and other business development activities as appropriate.
• Meet or exceed IT Assurance metrics including billable hours, CPE and time delinquencies.
• Perform other duties as assigned.

Skills & Qualifications

• Bachelor's degree in Accounting, Finance, Information Technology, MIS or related field; Master's degree a plus.
• CPA, CISA, CISSP, CIA or CISM certification desired.
• Some experience in public accounting or equivalent, delivering controls-based services and auditing ITGCs in support of financial statement audits; knowledge of Key Reports and Application Controls a plus.
• Information security experience or training required.
• Proficient in Microsoft Office suite applications.
• Exceptional client service, communication, analytical, interpersonal and problem-solving skills.
• Effective project and time management skills for handling multiple priorities and simultaneous projects.
• Ability to work efficiently in a complex team environment and willingness to work additional hours and travel as needed.

Sitting at the intersection of international audit delivery and people leadership, the Audit and Assurance professional leads a team of graduates, Executives, Seniors, and AMs conducting onshore audits for Cayman Islands clients. Operating across client management, talent development, and business growth functions, this role builds the team capability and client relationships that sustain high-quality audit delivery in a complex international environment.

Leadership Responsibilities

• Lead a team of graduates and qualified Executives, Seniors and AMs on onshore audits for the Cayman Islands.
• Manage international clients and lead audits.
• Act as main point of contact for onshore departments and build strong relationships with key contacts in the Cayman Islands.
• Work with senior management and key contacts to develop business and grow the team.
• Ensure staff are booked to audits and utilised effectively, and track key metrics related to work type, quality and feedback.
• Develop and deliver training sessions based on onshore feedback and quality reviews, working with the L&D team to identify training needs.
• Support hiring needs in collaboration with the Recruitment team.
• Act as Performance Manager and lead career development, coaching AMs and TLs on reviews and staff development.
• Motivate and develop AMs and TLs to become effective leaders.

Experience & Qualifications

• Experience managing and leading teams with ability to drive value addition.
• In-depth knowledge of audit for corporate and/or international clients required; hedge fund industry knowledge a must.
• Prior exposure to IFRS; understanding of international GAAP and banking or fund management sector an advantage.
• Proficient in Microsoft Office (Excel, PowerPoint and Word).
• Excellent communication, client and people management skills; strong business writing and presentation skills.
• Strong analytical and structured problem-solving approach with adaptability to dynamic environments and shifting priorities.

Embedded within EY Assurance, the Audit and Assurance professional delivers complex assurance procedures across client engagements and internal projects, helping to define audit strategy and present findings under the supervision of assurance and senior managers. Working closely with client personnel, junior team members, and internal stakeholders, this role builds the productive relationships and quality-driven culture that enable consistent compliance with Q&RM guidelines.

Core Functions

• Make a technical contribution to audit client engagements and internal projects.
• Establish, maintain and strengthen internal and external relationships.
• Execute complex assurance procedures and supervise junior engagement team members.
• Help define the audit strategy and present findings to the client under supervision of assurance manager and senior manager.
• Anticipate and identify risks, escalating issues as appropriate.
• Determine whether the work plan is properly executed, documented and concluded in compliance with Q&RM guidelines.
• Create a positive learning culture and coach, counsel and develop junior team members.
• Support the planning, execution and delivery of assurance engagements.
• Work effectively as a team member, sharing responsibility and maintaining communication with senior team members.
• Assist in preparing reports and schedules delivered to clients and other parties.
• Develop and maintain productive working relationships with client personnel and build strong internal relationships within EY Assurance.

Qualifications & Experience

• Bachelor's Degree with strong academic record.
• HKICPA, ACCA or equivalent professional accountancy certification preferred.
• At least 3 years' experience as an auditor in a public accounting firm.
• Thorough knowledge of current auditing techniques and the entire audit process.
• Familiar with HK GAAP, risk-based auditing, risk and control strategies, and Q&RM procedures.
• Compliance with and understanding of regulatory requirements.
• Proficient in Microsoft Excel and Microsoft Access.
• Excellent communication, prioritisation, teamwork and leadership skills.
• Result-oriented with attention to detail, creativity and ability to think outside the box.
• Proficient in English, Cantonese and Mandarin, both spoken and written.
• Willing to travel.

A key member of the firm's audit practice, the Audit and Assurance professional leads client engagements end-to-end - from pre-engagement planning through final deliverable development - reviewing and preparing financial statements, tax returns, and attestation engagements across accounts of medium-to-high complexity. Collaborating across tax, audit, and consulting service lines, this role builds the industry knowledge and client relationships that expand engagement scope and deliver measurable value to clients.

Strategic Responsibilities

• Review and/or prepare financial statements, footnotes, work papers, tax returns, management letters, agreed-upon procedures and other attestation engagements.
• Effectively analyse client transactions and complex situations incorporating tax and accounting effects.
• Recognise and resolve potential or existing problems with appropriate research and consulting.
• Serve as Engagement Manager on specific client accounts, taking responsibility for pre-engagement planning, execution, final deliverable development, and billing and collections.
• Develop a thorough understanding of all tax, audit and consulting services provided by the firm and link this to potential client needs.
• Identify opportunities to expand the scope of current engagements through identification of client needs.
• Develop industry knowledge and expertise, share it with the team and build a technical specialty area.
• Demonstrate sound business judgement and motivate and train both self and staff.

Education & Experience

• BS/BA degree in Accounting required.
• CPA required.
• 5+ years of audit and accounting experience in a public accounting firm or real estate firm preferred.
• Proficient in Excel, Word and audit software.
• Excellent writing, research and communication skills with ability to interact at all levels of staff.
• Detail-oriented with solid organisational and multi-tasking skills.
• Able to work quickly and independently in a busy, demanding environment; positive, professional team player.

Reliable audit quality and team performance depend on the Audit and Assurance professional, who plans and completes assurance engagements across multiple industry groups while supervising staff and managing engagement budgets. Based within the assurance practice and working alongside engagement team members, this role shapes the technical training and quality review processes that uphold firm standards and professional compliance.

Accountabilities

• Plan and complete assurance engagements across various industry groups.
• Identify and communicate accounting and assurance-related matters to engagement team members.
• Identify performance improvement opportunities.
• Supervise Assurance staff assigned to engagements and develop and monitor engagement budgets.
• Review client engagement documentation and work papers for accuracy and compliance with firm policies and professional standards, including issues memos, financial statements and related disclosures.
• Assist in organising and instructing periodic department-wide technical training.
• Handle other duties as needed.

Background & Experience

• Bachelor's Degree in Accounting and/or a related field.
• CPA or parts passed.
• 7+ years of financial audit experience, including previous leadership or supervisory role.
• Experience with GAAP and Internal Controls; experience in a real estate setting an asset.
• Proficient in Microsoft Office suite (Excel, Word, etc.); working knowledge of ProSystems, Engagement FX, Creative Solutions or CaseWare.
• Strong analytical, mathematical and research skills with excellent attention to detail.
• Excellent written and verbal communication skills and great interpersonal skills.
• Highly organised.

As the Audit and Assurance professional, this role executes day-to-day audit engagement activities across a varied client portfolio - preparing financial statements and ensuring efficient information flow between clients and the audit team. The audit practice relies on this work to maintain clear communication of accounting and auditing matters to senior associates, managers, and partners, sustaining the client service standards that underpin the firm's assurance practice.

Job Functions

• Understand clients' needs, expectations, business and industry, accounting and control systems, company values and relevant GAAP and GAAS issues.
• Execute day-to-day activities of audit engagements for various clients.
• Prepare annual and interim financial statements.
• Identify and communicate accounting and auditing matters to senior associates, managers and partners.
• Interact with clients to ensure efficient information flow from the client to the audit team.

Professional Experience

• Bachelor's in Accounting.
• Eligibility to sit for the CPA exam.
• Preferably one year of audit experience in public accounting or an accounting-based internship.
• Strong analytical skills with keen attention to detail.
• Strong communication, interpersonal, analytical and research abilities with capacity to meet challenging client requirements.
• Ability and willingness to travel within region.