PKF is the 12th largest accountancy brand and the 12th largest audit practice in the UK. We are also an active member of PKF Global, an international network of legally independent accounting firms that gives us an on the ground presence in 150 countries around the world with access to more than 20,000 people across 440 offices globally.

We provide a full range of audit, accountancy, tax and advisory services, and are experts at simplifying complexity. We are particularly well-known for working with complex clients with challenging issues in fast-moving and highly technical areas, such as the insurance industry, the global capital markets and the not for profit sector. Our aim is to understand people, the organisations they run, and what matters to them, so we can simplify complexity and help them achieve their ambitions.

Click here to learn more about us.

Financial Services 

Our financial services (‘FS’) practice supports clients across numerous sub-sectors, including insurance, wealth and asset management, consumer credit and payment services.

We have been a trusted auditor and adviser to the UK insurance industry for over 150 years and have one of the largest and most experienced teams of insurance experts within the accountancy profession. Established initially as a Lloyd’s practice, our clients now span the entire insurance market – from Syndicates and managing agents to insurance companies, brokers and MGAs writing a diverse range of general, life and health risks.

We have one of the largest FS audit teams outside of the Big 4 with over 150 audit partners and staff dedicated to supporting the sector. We leverage our deep industry expertise to protect our clients’ reputations as well as our own, helping them to improve their processes and controls, manage risks and achieve business growth.

Purpose and Aim of Job
•    To ensure all work undertaken is carried out in accordance with the firm’s procedures, including internal audit methodology / procedures, and applicable standards.
•    To be responsible for the day-to-day operation and end-to-end delivery of each audit.
•    To provide on the job training to more junior members of the team.
•    To demonstrate strong interest in the insurance / financial services sector.

Job Duties and Responsiblities 
•    Accept responsibility for all work performed.
•    Attend pre-audit discussions with partner, manager and client.
•    Plan audits with the assistance of the partner and manager.
•    Ensure an adequate briefing is held and other members of staff are briefed in detail.
•    Ensure that the work undertaken is in accordance with the approved plan and budget.
•    Review the work of more junior staff on each audit and provide feedback to them.
•    Hold daily team meetings to assess progress on audits.
•    Advise the manager of progress on the job and any developments that may lead to a change in strategy / approach on a daily basis.
•    Suggest logical solutions to problems.
•    Lead audits from planning through to fieldwork and completion, including preparation of draft report. 
•    Complete appraisals in accordance with the firm’s procedures.
•    Respond to client concerns in an efficient and professional manner.
•    Be able to provide sound advice and recommendations to clients and demonstrate knowledge of market / client issues.

Responsibilties or involvement in Management
•    To act in a mentoring capacity for more junior staff.
•    Coach more junior members of staff on the job.
•    To promote the firm.

Communication and Business Relationships required
•    Effective internal communication – both oral and written – with:
    Partners
    Managers
    Other staff
•    Effective and professional oral and written external communication with clients.

Job Knowledge Required
•    To be progressing through training contract
•    Pass relevant professional examinations
•    Attend training courses
•    Possess IT skills in Word and Excel 

What you should expect from others
Manager:
•    Detailed briefing
•    Ongoing support and guidance
•    On the job training
•    Prompt response to queries
•    Daily contact
•    Regular reviews
Partner:
•    Regular reviews

Skills and Qualifications
•    ACA part qualified or equivalent;
•    Minimum 2 years relevant experience in internal audit or similar assurance work;
•    Knowledge of the insurance / financial services sector including regulatory requirements.