Group Internal Auditor

• Mar 2021 - Present

Senior Auditor

• Feb 2020 - Feb 2021

My time at EY has predominantly been working on The Hut Group (THG) in a number of different projects: ▪ FY19 Group Audit: I was responsible for the complex areas of the audit file, including IFRS 2 Share Based Payments, IFRS 16 Leases, IFRS 9 Hedging and during the year there were four acquisitions so IFRS 3 Business Combinations. Aside from taking on the challenging and technical areas of the file, as lead senior I was responsible for managing the wider audit team, this consisted of a mix of first to third year associates. ▪ Due Diligence: In September 2020, THG listed on the LSE with a valuation of around £5.4bn, the largest IPO since 2015. As part of this process, in order to become a listed company, THG were required to have three years on annual accounts in order. Given that the FY17-FY19 accounts were based on materiality of a private company, changing the materiality benchmark to that of a listed company resulted in the materiality dropping by more than 50%. As a result, we were required to do top up testing for three years, in effectively what was re-doing three years’ worth of audits in the space of three months in time for the listing deadline. As lead senior I was spear heading this project, which involved both leading on the audit but also liaising with the EY capital markets team and answering any of their questions. I also led on several calls with senior members from both the EY audit and capital market teams, this was to discuss significant risk areas of the audit and progress of the due diligence work. ▪ FY19 Subsidiary Stats Audit: I led on the stats reporting of 36 entities despite the Covid-19 extension, THG still wanted to file by 30th September. My involvement was more of a management role; setting up the team and allocating them work, monitoring the progress and assisting where there are any hurdles such as advising on testing approach. Further, my review also included assessment of the disclosure requirements under FRS 101. Show less

Internal Auditor

• Jul 2018 - Oct 2019

My time was split between financial services and public sector clients; with the former, this included GoCompare, Novia, Syndicate Bank, Reliance Bank and Tradex Insurance. Whereas with public sector, my clientele was predominantly registered providers in social housing, and public bodies such as Ofwat and Information Commissioners Officer. A key aspect of this role involved agreeing the scope with the client, discussing this internally with the audit manager and then conducting the audit. Some audits I worked in small teams of two to three people, in such cases, I was the lead auditor so responsible for taking the lead in meetings with Management, coaching the junior staff; assisting with testing strategies and answering any queries. However, most audits I completed myself, which involved setting up and documenting working papers, devising testing approach, conducting the testing by obtaining samples and evidence and then reviewing the results of the testing and formulating conclusions. The conclusion aspect was key, as ultimately this is what the outcome of the report was based on; therefore, based on the conclusion of the testing, I would also write suitable recommendations and grade them based on priority. Such recommendations were always discussed with the client beforehand before being included in the audit report, in order to avoid any challenges and, in the instances, Management did disagree with the conclusions and recommendations, in the close out meeting, I would discuss the testing approach and outcome in detail and also if necessary, send aspects of the working paper to further emphasize my point. The nature of audits I have conducted include risk management, compliance, Board effectiveness, corporate governance, business planning and stress testing, procurement, and specifically for financial services clients; treasury, delegated claims, SMCR and lending and credit risk. Show less

Auditor

• Sep 2016 - Jun 2018

I have experience in auditing revenue, journals, inventory, accruals, accounts payables and goodwill. Revenue testing was based on the use of CAATs through assessment of standard and non-standard revenue, along with revenue analytic. Journals testing would be through use of PwC data analytics software, developing tests such as key words, user access, user posting time and other tests. During my time at PwC, my client portfolio predominantly consisted of manufacturing companies such as R&R Ice Cream, Chubb Fire Safety, but also other clients including Manchester United FC, Radisson Blu, and PFI; BBGI. Show less