As a member of the audit graduate intake, you will be part of a team undertaking audits of client’s financial statements and similar assurance work. This will be combined with undertaking your ACA studies. Over your four year training contract, you will progress from assisting on audits to leading your own assignments.
In your first year, you will work within teams completing audits on a number of different clients in a variety of industries. You will be provided with on the job training to help you understand the purpose of the audit work as you assist with the completion of detailed audit work. The majority of your assignments will be based at client’s offices, where you will get to interact with client staff. Our trainees spend around 10 weeks a year studying towards the ACA with structured training provided by external tutors, spread out over the year. You will also spend time in the office when you will be finishing off audit fieldwork, preparing clients’ accounts, iXBRL tagging accounts for HMRC, preparing for the next audit or undertaking ad hoc tasks. You will also attend clients’ stocktakes, where you will observe their stocktaking procedures and perform test counts.
As you progress into your second year, you will start to take more responsibility for audit work with less supervision, taking responsibility for completing entire parts of the audit or assisting senior members of staff with more complex areas. You will also become more involved in the preparation of financial statements and develop your financial reporting skills further. You will now be able to assist the new intake of graduates and share the knowledge you have gained in your first year. As you progress, you will also have the opportunity to lead smaller audits.
When you are in your third year, you should have experienced every part of the audit file and a large number of companies from a diverse range of industries. You will have more opportunities to lead assignments, will be tackling complex areas and taking a leadership role on some of our larger audits. You will have the opportunity to coach and train junior members of staff. During the final year of your training contract, you will have passed your final ICAEW exams.
What is Audit?
An audit is an independent examination of a company or organisation’s financial statements by an outside party. Audits are normally carried out at the company’s premises by a team of auditors who will work with senior management and client staff at all levels. An auditor’s job is to examine and review a clients’ financial records to ensure that the financial statements present a ‘true and fair’ view of the state of the company’s affairs at a given date, as well as its results.
An audit will involve, amongst other things, gaining a knowledge of the clients business and financial systems; assessing the risks of misstatement within the financial statements; planning and completing tests of key transactions and balances, including examining the underlying books and records that support those transactions and balances; ensuring compliance with relevant financial reporting standards, the Companies Act and other relevant legislation; and making recommendations to clients in respect of areas of potential improvement in clients’ systems and processes.
Who You Are
Seeking a challenge? Are you prepared to roll up your sleeves? We’re looking for individuals who are motivated, pragmatic, and take pride in their work to join our friendly Audit team. You should not underestimate the commitment and dedication required to study and work over the course of the 4-year training programme. You will help us to achieve our goals with your collaborative team-player attitude and excellent communication skills.
As an ACA Audit Trainee at SRLV, you will work within our hugely personable, supportive and experienced audit team, completing audit assignments for a variety of clients, from large groups to smaller owner-managed businesses.
SRLV focus on people as individuals, allowing you to grow and develop within our firm. As an Authorised ICAEW Training Employer we are dedicated to supporting our employees with their studies. You will be provided with full ACA study support and your 4-year audit graduate training programme will combine a wide variety of technical work alongside fantastic personal and professional development opportunities.
- You will have achieved, or be on course to achieve, at least a 2:1 degree from a top university. The subject of your degree is not important.
- You will have previously achieved 112 UCAS points (equivalent to 280 UCAS points under pre-2017 tariff) from at least 3 A-Levels or equivalent (excluding General Studies)
- You will have Grade B or above in GCSE Maths and English Language
Think You’ve Got What It Takes?
This is an exciting opportunity for an ambitious and hard-working graduate to start their career in accountancy as part of a friendly, supportive and technically strong team.
To apply, please scroll down and click ‘Apply’. You will be directed to complete a short application form and attach your CV and covering letter.
What happens next…
Step 1 – The Short List
Once you hit that send button, we’ll be busy behind the scenes shortlisting candidates.
Step 2 – The Chat
Week commencing 22 March 2021
When we have a short list, we’ll arrange to have a quick telephone chat with you to get to know you a little better.
Step 3 – The Assessment Day
Week commencing 12 April 2021
This is your chance to shine and show us who you really are. How do you problem solve? What are you passionate about? How do you interact with others?
Step 4 – The Interview
Week commencing 19 April 2021
The final stage of the selection process is the interview. Now we have an insight into who you are we want to know more. What gets you out of bed in the morning? Why is Audit the career for you?
Step 5 – The Results
Week commencing 26 April 2021
Successful students will be notified shortly afterwards. If you’ve taken the time to meet with us we will happily give our time to provide you detailed feedback to help you in future interviews.