Job Description & Summary
The Independence Associate is part of the Independence Team and operates across all lines of service. It is responsible for providing support to engagement teams to maintain independence and compliance according to regulatory rules and requirements.
In addition, the associate is primarily responsible for administering independence consultations and in particular, Joint Business Relationships, vendor relationships and other arrangements that PwC might have with other organizations.
Primary duties and responsibilities – The new hire will be assisting the regional independence team in the following areas:
1- Business relationship reviews
Conduct initial assessments of Joint business relationships clearance
Assisting the independence Business Relationship lead with the business relationship clearances
Joint business relationship monitoring and reassessment
Vendor relationship reviews
2- Scope of service reviews
Support the independence business partners with other day-to-day independence related matters
Perform independence analysis and assistance with the submission of the Authorisation for Services (AFS) for the corresponding audit partners
Responding to scope of services related consultations and to assist other members of the Independence team with the AFS documentation process
3- Other Activities
Consultation system monitoring and assignment of queries among team members
Updating a number of Independence systems
Performing data reconciliations for Independence monitoring purposes
Participating in internal training sessions and contributing to setting the agenda for the calls/meetings
4- Learning and Growth
Liaise with Global to understand Global systems improvement initiatives
Adhere to policies and procedures
Act as a key resource and liaison to other functional areas of the business, building cross-functional relationships as needed
A professional or academic qualification (degree level or equivalent), or extensive relevant and practical experience.
Fluency in English required, proficiency in Arabic is advantageous
1 Year experience is an advantage or fresh Graduate relevant experience as a trainee in audit or consulting fields
Client facing experience as a trainee preferably in the Professional Services industry
Experience in a top tier Big 4 firm is advantageous
An internal transfer from within the firm can be considered
Knowledge And Skills
Strong analytical skills
Thorough understanding of general/international accounting standards and practices
Problem-solving skills and innovative mindset
Risk-averse/risk management skills
Thoroughness and attention to detail
Time management skills and proactivity
Strong verbal and written communication skills
A conscientious, ambitious team player, with good self-management skills and an ability to take initiative and share knowledge with peers.
As a member of the Independence team, the associate would be expected at a minimum to manage their own work and escalate any issues to the business relationship lead, proactively raise issues to improve effective team working and get involved in activities and projects which help to strengthen the team.