Senior Audit and Financial Reporting Specialist

Key Responsibilities Audit Engagements

Perform end-to-end audit engagements in accordance with Australian Auditing Standards (ASA).

Prepare audit planning documentation, including risk assessments, materiality calculations, and audit programs.

Conduct substantive testing, analytical procedures, and internal control testing.

Identify and assess audit issues and their impact on financial statements.

Prepare audit working papers and supporting documentation.

Complete audit completion procedures, including subsequent events reviews and going concern assessments.

Draft management letters and communicate audit findings to engagement teams.

Prepare audit clearance files for manager and partner review.

Financial Statement Preparation

Prepare general purpose financial statements in accordance with Australian Accounting Standards (AASB).

Prepare consolidated financial statements where applicable.

Draft accounting policies, disclosures, notes to the financial statements, and supporting schedules.

Prepare cash flow statements and financial statement reconciliations.

Ensure compliance with Australian financial reporting and disclosure requirements.

Research and document technical accounting treatments.

Technical Accounting & Compliance

Apply AASB and ASA requirements across audit and financial reporting engagements.

Research and interpret complex accounting and auditing matters.

Assess disclosure requirements and ensure compliance with applicable standards.

Maintain current knowledge of Australian accounting, auditing, and regulatory developments.

Exercise professional judgment in accordance with ethical and professional standards.

Client & Team Support

Communicate professionally with Australian managers, partners, and client finance teams.

Manage multiple audit and reporting engagements simultaneously.

Review work completed by junior team members where required.

Escalate technical issues and engagement risks appropriately.

Contribute to audit quality improvements and process efficiencies.

Mandatory Requirements Experience: Minimum 4 years of continuous, Full-time, Hands on external audit experience for Australian entities over the last 4 years.

GPFS: Hands-on experience preparing General Purpose Financial Statements (GPFS Tier 1 and Tier 2) compliant with AASBs and the Corporations Act 2001 for Australian entities.

AASB and Australian companies

Key Technical Competencies Substantive Testing: Ability to independently design and execute substantive procedures across key cycles (e.g. planning, materiality, revenue, trade debtor, inventory, cut-off, unrecorded liabilities search, PPE, employee provisions, and NFP grant accounting etc).

Internal Controls Documentation: Capability to conduct walkthroughs, document process narratives or flowcharts, and identify control deficiencies.

Communication & Soft Skills English Proficiency: Excellent command of written and spoken English , as they will need to draft clear audit working papers, clear review notes, and communicate directly with local team members and Australian client management.

Attention to Detail: Strong analytical mindset and meticulous attention to detail for tracing source documents, reviewing complex financial disclosures, and ensuring workpapers are audit-ready with minimal supervision.

Time & Task Management: Ability to manage competing priorities, meet tight statutory deadlines, and proactively flag audit variances or roadblocks to seniors/managers.

Remote Work Readiness: Strong remote collaboration skills, Microsoft Teams/Zoom, and secure document-sharing platforms.

Systems and Softwares CaseWare

Xero

MYOB

QuickBooks

Microsoft Excel (Advanced)

Other audit and financial reporting platforms

Nice-to-Have Skills Experience preparing consolidated financial statements.

Exposure to ASIC reporting and compliance requirements.

Experience reviewing and mentoring junior audit team members.

Knowledge of Australian corporate reporting obligations under the Corporations Act.

Experience working with multiple client industries and complex group structures.