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Audit Assistant Manager – Private Equity, London

Date: Apr 18, 2021

Location: London, United Kingdom

Company: KPMG UK

We are looking for experienced auditors to join the Audit practice within Asset Management. We currently have opportunities in the London Office.

Our Asset Management team works with a variety of market leading clients ranging from some of the largest traditional asset management groups in the UK to the top five hedge fund managers in Europe; and some of the largest private equity houses and real estate investors in the UK. We have won a number of tenders in the last few years and expect to grow significantly in the coming years.

We offer a supportive working environment with benefits packages tailored to the individual to help achieve a good work life balance, giving superb opportunities for personal and professional growth within a Big 4 environment.

The Role:

As an Assistant Manager – Private Equity, you’ll be involved in all aspects of delivering audit engagements, from planning through to completion on a broad spectrum of AM clients with a focus on Private Equity fund and management entity audits. The role will include executive level client interaction and exposure to multiple clients on an annual basis, as well as daily tasks such as:

•Planning and execution of audit fieldwork and statutory reporting across a portfolio of clients
•Project management of all aspects of audit including agreeing audit timelines, team briefings, and supervision and delivery of audit work
•Budgeting and monitoring the financial performance of projects, focusing on optimising profitability
•Identifying, researching and helping to resolve complex accounting and audit issues including PE house revenue and expense arrangements and carried interesting accounting.
•Detailed reviews of PE fund portfolio companies including analysis of performance, operations and ownership and debt arrangements
•Analysis of wider industry trends and market data relevant to investment valuations
•Building relationships with client staff and acting as an ambassador for the firm
•Reporting to audit managers and partners on all salient points arising from audits
•Supervising and coaching junior members of staff to help them realise their full potential
•You may also have the opportunity to work on audit tenders or audit related advisory projects

The Person:

•Monitors and upholds the highest quality of service and products to clients (internal and external)
•Strong project management techniques including decision-making ability, analytical skills, time management, prioritisation, organisation and evaluative skills
•Shows initiative, resilience and is able to multitask in a pressurised environment
•The ambition to undertake new challenges and step up into supervisory roles, taking leadership where necessary
•The ability to communicate with senior levels of management and off shore teams
•The desire to work in a diverse environment and gain exposure to an international working environment
•Collaborative attitude with an enthusiasm for coaching and developing others
•Builds the reputation of KPMG through the quality of work, knowledge and experience

Qualifications and Skills Required:

•Fully qualified ACA/ACCA or international equivalent is essential. We will also consider those who are tracking towards full qualification (both time and exam)
•Recent and extensive external audit experience within a ‘Big 4’ or top-tier firm is required
•Well-developed leadership and supervisory skills and the ability to effectively communicate with a wide range of individuals both internally and externally at different seniority levels
•Exceptional communication skills; both written and verbal
•Strong IT literacy, including Excel, PowerPoint and Word
•Some experience auditing AM clients is required

Desirable additional experience:

•Recent, practical knowledge of IFRS is preferable
•Knowledge of IPEV valuation guidelines and associated valuation methodologies including EV / EBITDA multiples, discounted cash flow models and fund of funds.
•Experience auditing estimates, including valuations of level 3 investments

Job Segment: Audit, Assistant Manager, Financial, Equity, Private Equity, Finance, Management