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Life at Deloitte
Professional opportunities in Audit & Assurance
What are numbers? Are they more valuable than words? Or is true insight only found when you bring the two together? Can you ever be too curious? We don’t think so. Want to help redefine the future of audit? Join us.
Why Audit & Assurance at Deloitte?
With cutting-edge technologies taking care of routine tasks, you’ll focus on delving, interpreting, innovating; finding those insights that drive the smartest and surest decisions for our clients. Our agile working culture and cross-business teams mean you can develop your career in a way that works best for you – making an impact that goes far beyond ‘the numbers’.
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Louise works in Audit & Assurance in our London office. She holds the largest companies in the world accountable and makes sure audits are at the highest standard. What opportunities could you find at Deloitte?
Where do you fit?
Here it’s not about sector experience, it’s about bringing together the right combination of skills and expertise for each project. Our people work in collaborative teams across three streams.
An opportunity to work with some of the most dynamic privately owned companies in the UK. Whether you’re advising them on their journey to becoming listed, or helping them with other unique challenges their vision presents; working in Deloitte Private goes beyond traditional audit, you’ll become a ‘trusted advisor’ to these business owners.
From insurance sector companies to investment management and private equity firms, banking to capital markets; our client portfolio includes every kind of financial services organisation. So the opportunities to diversify or specialise are huge. Taking a truly collaborative approach with experts from across the Deloitte business, you’ll provide a mix of audit and advisory work.
You can expect senior level exposure, fast progression, and variety. Working with some of the most influential companies in the UK and internationally, you’ll get under the skin of the business and offer expert insights; not just to senior finance teams, but across the whole business. These companies offer some of the most exciting challenges available in audit.
Meet our Audit & Assurance people
"The work is so much more than simply completing the audit process; we find solutions to client problems - the things that keep them awake at night."
Why did you choose Deloitte?
Six years ago, I joined Deloitte as an experienced hire from a much smaller, one-office company in Leeds. As my husband is in the RAF and can get posted to different places, I wanted a career with scope. So, a big four firm. I had interviews with three of them, but preferred Deloitte because of the people I met during the interview process. We have the best reputation for technical expertise, and are known for rewarding and looking after our people. That’s certainly proved the case for me. Since joining I have had some fantastic opportunities and I’ve been lucky enough to travel to America, Greece, Croatia, Abu Dhabi, Belgium, Germany and many more places.
One of the best things about Deloitte is the freedom to pursue the career you choose thanks to the wealth of opportunities available. I was able to specialise in the travel industry from very early on, as an Assistant Manager. And I’ve been able to talk openly to management about my progression and how to get to where I want to be. The industry lead, Alistair Pritchard, is fully supportive of my aspirations to become a Director. Something Deloitte does really well is working collaboratively, with lots of other people across different specialisms, so we’re known and respected beyond our own teams. I was promoted within 13 months of joining the firm, and again less than a year after returning to work after maternity leave.
How do you work flexibly?
The agile working scheme here is second to none. I’ve been able to work a 4-day-week when it suited me and my family, but up this to 5 days to deliver a project at a busy time. This flexibility is something I really appreciate; it enables me to support both my family and my clients.
What do you enjoy most about your role?
The work itself is so much more than simply completing the audit process; we are seen as business advisors and our clients come to us with a whole wealth of issues, not just audit related. We find solutions to their problems; the things that keep them awake at night. Deloitte is positioned better than any other firm to do this, because we are more connected, we have a bigger network across industries, service lines, and offices.
“It’s hard work, interesting and challenging; I enjoy my job so much."
When I joined Deloitte as a graduate in 2006, I never thought I’d stay for over ten years! I thought I’d get my ACA and move on. I have had job offers. But something always comes along at Deloitte to keep me here; I’ve been given so many fantastic opportunities and had such a rich set of experiences.
What are you working on now?
Currently, that’s co-ordinating a huge audit for a global energy giant. The project should take around three to four years to complete. What makes audit such important work is that so many people are invested. It’s not just the business owners, it’s the employees, the pension funds… so many are invested to different degrees in these massive, international, high profile firms. And the more challenging and complex the work, the bigger the impact; I love it.
What sets Deloitte apart?
What attracted me to Deloitte in the first place was the people. It’s a collaborative, even collegiate, place to work; people look out for you. That’s the real difference between Deloitte and other firms. And it’s what our clients see too. They’ve said to me that we do work “with you” not “to you”, and that we listen. That’s one of the reasons we’ve changed the structure of our audit teams. So we can better meet our clients’ needs, as well as offering our people broader opportunities to develop and apply knowledge beyond a single sector. If you’re ambitious and well rounded, if you have major audit experience (especially to PCAOB standards), and you’re collaborative, we have so many opportunities for you.
"I wanted to join a firm that would allow me to pursue my career ambitions without compromising my personal goals.”
What kind of work do you do?
I’m a Senior Manager in Markets Assurance & Advisory (MA&A). We offer assurance and advisory services to clients across industries, focusing on market disturbance and market reform events. Our specialism is big ticket industry events, such as Libor transition within banking. As these issues are not bespoke to financial services, there’s plenty of crossover into different industries. For example, I’ve spent time working with colleagues on issues affecting the aviation industry.
We always have the opportunity to work with other departments, not just in Audit & Assurance, but across service lines. This gives everyone in the team the opportunity to get involved in engagements that really interest them.
How is it different here?
It is completely different from any of my previous roles. (I’ve spent all my career up to this point in investment banking). At Deloitte, I’ve been involved in some really exciting projects and initiatives, which I wouldn’t have been able to do if I still worked in industry. In fact, there’s a much wider scope of what I can get involved in. And it’s necessary for me to drive my own agenda, which is very exciting, although it can be daunting!
Does Deloitte really offer agile working?
I wanted to join a firm that would allow me to pursue my career ambitions without compromising my personal goals. In general, I’ve been able to find a work-life balance that suits both my family and my team. This changes depending on what’s going on in my personal or work life but, as long as I’m transparent, there are no issues. I work full time, with one day at home a week. There’s definitely flexibility and, in my case, it’s all informal.
Do you need audit experience to join your team
A lot of people will assume that, as MA&A sits in Audit & Assurance, you’ll need an audit background to be successful. That’s simply not the case. I do not come from an audit background, but have been able to fully engage and lead on projects. MA&A epitomises our mixed delivery model, and the diverse mix of experience here makes it an exciting team to work in.
"I get to combine my two biggest passions, cars and travel, with my every day work."
What has been the most interesting change in the market recently?
The biggest change I’ve seen in my 11 years with Deloitte is the introduction of mandatory rotation of auditors. This makes things really exciting as there are so many opportunities to pitch for and new clients to win. As a result the work we get to do is extremely varied and being part of a winning pitch team is a great feeling. There is also a huge level of innovation and change in our audits – we’re developing cutting edge approaches to automating processes, enabling us to add much more value for our clients in the areas that matter most to them. We are their eyes and ears essentially, so bringing our views together with our broad industry experience and expertise is what clients are more and more interested in.
What do you enjoy most about your job?
I get to combine my two biggest passions, cars and travel, with my every day work. Because Deloitte has such a diverse range of clients within the audit practice – and wider business – it allows everyone who works here to find the clients they are really interested in. I chose to specialise in the automotive industry and get to work with the biggest and most exciting clients in a sector I’m truly passionate about.
Tell us something about working in audit we might not know
I don’t think that people always realise how varied a career in audit can be. You get to work with all sorts of different people, travel the world if you choose to, and work with a real mix of clients. We have to collaborate with all the other areas of Deloitte and draw on our collective expertise to be able to offer our clients the best service possible. That means I’m constantly learning new things. I certainly didn’t appreciate that when I first joined.
"Deloitte is passionate about being at the forefront of technology innovation so there is a big focus on that here."
How’s audit at Deloitte different?
You can try all sorts of different industries. I’ve worked with clients in pharmaceuticals, oil & gas, media, and consumer products. The variety of work is also huge, and changes constantly as you progress and start to look at more complex areas. As an assistant manager I help those who have just joined too so am gaining management skills as well as technical skills, both of which are transferable to future roles. You can travel. And, depending on what level you join at, you can study for an accountancy qualification and an audit qualification. I genuinely believe you’d struggle to find all of those opportunities elsewhere.
How do you find the work-life balance?
Really good. It’s so strongly supported here. Deloitte offers a unique culture in that sense. I work full time but use the flexible benefits we get to add 10 days to my holiday each year – so I take 35 days in total. I’ve done this every year since I joined. I absolutely love to travel and experience different cultures; I went to Bali and Cambodia over Christmas and completed a Skydive in Australia in April. So being able to take these longer holidays means I can pursue my personal goals of seeing the world and living a healthy life style whilst also building a solid career in the finance sector. That’s the perfect work-life balance if you ask me.
What’s the most exciting project you’ve worked on?
I have worked on media clients, they have produced some of the most popular films of the year; Jurassic World and Mamma Mia. Getting to work with them and understand their business is absolutely fascinating, and something I never dreamed I’d be involved in when I chose a career in audit.
What changes have you seen recently in audit? What’s the impact?
For me, the increased scrutiny over the audit sector is the most interesting change. This has driven an increased focus on quality. Our team has had to come up with innovative testing approaches. I really enjoy these discussions, they’re challenging and it allows me to utilise a variety of skills I’ve developed since I’ve been here. The utilisation of technology also continues to have a big impact. Deloitte is passionate about being at the forefront of technology innovation so there is a big focus on that here too, I feel like I’m constantly learning new things which is really motivating.