Professional opportunities in Audit & Assurance has been saved
Life at Deloitte
Professional opportunities in Audit & Assurance
We know it’s not just about numbers. Often, we let technology take care of those. True insight is found in the creative and collective thinking of our people.
Your Audit & Assurance career at Deloitte
As the leading experts in Audit & Assurance, we help build and enhance trust and transparency between businesses and the public, by responding to emerging issues and protecting the public interest. Our expertise covers audit and assurance services across all sectors, enabling stronger systems of quality control and risk capability. We help companies, investors and the general public make more informed decisions by adhering to the highest standards of independence, professional objectivity and technical excellence.
Audit & Assurance is made up of three core areas:
- Our Large & Complex audit team works with a broad range of listed organisations and their subsidiaries in the UK and internationally, as well as other public interest entities. In this team you will be in contact with some of the most influential companies in the UK and internationally, offering expert insights across the whole business.
- Portfolio audit’s clients span a wide range of sectors including private corporates, real estate funds, pension schemes, financial services brokers, investment managers, and securitisations. You’ll be joining a growing team of proud, highly motivated people who are helping to deliver quality audit engagements.
- Assurance builds, maintains and develops confidence. We provide independent assurance by assessing the risks and underlying processes, as well as providing information on which risks are being managed and mitigated in line with the business’ appetite for risk. In Assurance you will have the opportunity to liaise with leading experts, helping businesses to become more resilient, agile and better prepared for the future.
Why should you apply?
At Deloitte you will be joining a diverse team of experts capable of delivering meaningful and durable change for both our clients and our profession. Innovation is key for us, underpinned by audit quality.
We’re constantly investing in our audit product to ensure it meets the needs of stakeholders - both today, and in future. We are focused on driving positive change to ensure that the audit product is valuable to business leaders, investors and broader society.
To discover opportunities in Audit & AssuranceSearch now
Make an impact
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.
Quality is the cornerstone of our approach. By combining our technical expertise, the experience of our global networks, our technology focus and commitment to developing our auditors, we are able to consistently execute high-quality independent audits.
These independent audits help to build trust and confidence. It should equip those charged with governance, investors and other stakeholders to make better informed decisions based on meaningful information. The focus and expectations of the market on the provision of high-quality corporate reporting has never been greater; and we take our public interest role in supporting this very seriously.
Our team combines the latest audit tools, technologies, agile processes and procedures to deliver high quality audits. We are proud of the work we do in the public interest and our audit team are dedicated to the highest standards of independence, professional objectivity and technical excellence.
We audit a broad range of listed organisations and their subsidiaries in the UK and internationally, as well as other public interest entities such as banks and insurers. We also have vast audit experience in the private sector, including entrepreneurial and high growth businesses. We have strong industry credentials across the financial services and corporate landscape and can draw on a wide range of specialists and experts across our extensive global network.
At Deloitte, we know that regulatory and reporting landscapes are becoming more complex. Societal pressures on businesses are rightly increasing and the pace of change is rapid. Clear, meaningful reporting is critical, and independent audit should play a valuable role in providing challenge and assurance. We are proactively engaging with a range of stakeholders – including policy makers, investors, company directors, audit committee chairs and industry bodies – to ensure audit and the corporate governance regime continues to evolve to meet the needs of society. This will support confidence and trust, which is an essential part of our role.
Working in Assurance means you will have an opportunity to liaise with leading experts, as we help build and enhance trust between businesses and the public. We’re here to respond to emerging issues and protect the public interest as we provide assurance to help businesses become more resilient, agile and better prepared for the future.
To do this, businesses must be ready to respond to current and future challenges and opportunities. They are increasingly being required to be more transparent with their reporting, to drive trust and confidence in the market, and protect the wider public interest.
Assurance builds, maintains and develops confidence. We provide independent assurance by assessing the risks and underlying processes, as well as providing information on which risks are being managed and mitigated in line with the business’ appetite for risk. Deloitte’s assurance offerings help those charged with governance to understand their business and build trust amongst key stakeholders and regulators.
We bring an auditor’s mindset to our assurance offering, drawing on key skills and experience from across Deloitte, globally, to respond to the market’s needs. Our teams provide review and recommendations across the first and second lines of defence, to deliver meaningful, quality outcomes and information to those charged with governance.
Our collaborative group of subject matter experts include ex-regulators, industry practitioners, digital experts, accountants, treasury and capital market professionals, set up to serve businesses, providing industry expertise.
We have four main areas in Assurance:
High quality and transparent reporting on data use and compliance of data handling is critical for both regulatory compliance and rebuilding the trust of the public. Our dedicated Analytics teams specialise in helping clients understand their data. By working seamlessly with the Specialist, Modelling and Analytics, Central and Securitisation teams, we are able to get client projects over the line, often against challenging timelines.
- Financial Assurance
For those charged with governance, the focus on setting clear, high quality reporting standards has never been greater. The Financial Assurance team specialises in assuring the financial statements, transactions and accounting. By collaborating with other teams and our global network of specialists, they deliver assurance that protects the public interest and fosters even greater levels of trust.
- Regulatory Assurance
Regulatory reform continues to shape the Audit & Assurance landscape. The Regulatory Assurance team specialises in helping those charged with governance to build trust and confidence within their business. The expertise within the Regulatory Assurance team spans across both Banking and Capital Markets and Insurance.
- IT Specialists
Our purpose is to serve the public interest and provide high-quality, independent IT external audit and controls assurance services.
Technology is at the core of modern business and continues to evolve rapidly both as an enabler and a product offering. As dependency on IT increases so does the level of IT risk. Our cross-industry portfolio involves a mix of IT external audit and other controls assurance work (e.g., third party assurance, SOC reports etc).
These teams play an important role in supporting our audit business with Project Management and Delivery Centre activities to ensure we provide outstanding quality services to our client-facing colleagues. You’ll be hands on right from the beginning.
Meet our Audit & Assurance people
"Not only do managers help clients through insights and recommendations, there is also a strong commitment to people, diversity of thought and individual wellbeing."
What attracted you to Deloitte and what surprised you about working here?
I moved to Deloitte from another Big Four firm in October 2019, because of Deloitte’s focus on diversity and wellbeing. I really liked the initiatives around culture, values and inclusion, which make everyone at the firm feel valued. For me the role of audit has always been about getting the job done, which has meant neglecting both my physical and mental wellbeing in the past. Working for Deloitte is completely different. Not only do managers help clients through insights and recommendations, there is also a strong commitment to people, diversity of thought and individual wellbeing.
How do you explain your job to friends and family?
In the simplest terms, my jobs is to audit the financial statements of entities to provide assurance that they are accurate, reliable and free from significant errors. The role allows me to see how different businesses operate and to gain an understanding of different industries. I love being able to build great relationships with the teams I work with, as well as the opportunities to gain knowledge from other like-minded people at Deloitte.
How has Deloitte supported your wellbeing?
In November 2020, I fell ill and was hospitalised for two months. I was away from work for a long time and it was a really challenging period in my life. The support I got from my team and leaders within the firm was incredible and made the entire process more bearable than I thought it would be. I was able to work out a flexible phased return plan with a reduced workload, to ensure that I was able to properly recover. I also got support from mental health champions and the wide range of available mental health resources that Deloitte offers.
How do you feel Deloitte fosters an inclusive environment?
One of the things I love about working here is that there is a huge amount of support for me to be myself at work. I’m able to be authentic and express my identity by engaging in activities and speaking up. We celebrate a wide range of different holidays as a team and create peer-to-peer buddy systems so that everyone feels they have someone to talk to when they need it. We use inclusive language, and anonymised recruiting processes to reduce bias in hiring. Deloitte recognises the areas where we need to improve and invests in training around diversity and inclusion for all employees.
“The extensive training offered at Deloitte is unparalleled, and was crucial for me at the start of my career."
What attracted to you to Deloitte and what does your job involve?
The extensive training offered at Deloitte is unparalleled, and was crucial for me at the start of my career. The firm is also the industry leader in the tax financial investors space, which gives me the opportunity to work and learn alongside highly skilled individuals on a variety of exciting projects. As a Tax Analyst in Mergers and Acquisitions (M&A), my role is to work with the team to support clients in completing these transactions, and advising them on tax matters. I enjoy the excitement of working with teams from all over the world on transactions that often end up making the international news.
What’s exciting about your industry and what will it look like in five years?
With anxiety around the pandemic starting to lift and interest rates remaining low, the M&A sector has been performing strongly and is expected to continue to its growth. The first half of 2021 included a record number of megadeals valued at more than $5bn, and these types of transactions are likely to become more common. The complex nature of these deals presents a very exciting opportunity for anyone working in tax, and I look forward to getting involved. Five years from now, I expect artificial intelligence and machine learning in virtual data rooms (where clients can provide us with key information) to be a much more integrated part of the tax due diligence process. I am confident that Deloitte will be a pioneer in many of these automation processes.
What do you like most about where you work?
As well as the training and development opportunities, which are available across all Deloitte’s office, I really enjoy the sense of community at the firm. I am based in the Cambridge office, and whilst I often work with individuals from across the UK, it offers a great central hub with an active support network. Mental health is prioritised and I am part of the M&A wellbeing team, which sends out regular emails offering various forms of advice to support wellbeing within the team. Whilst working from home we have been supported with daily check-in calls ensure that everyone in the team is doing okay, has the right volume of work and knows how to get help if necessary.
"I have always been encouraged to be authentic and speak my mind, something which is recognised as a strength.”
What surprised you about working at Deloitte?
When I started working at Deloitte I was surprised how equal people are across the firm. While there are different grades, everyone gets stuck in, no matter what level or part of the business they come from. I assumed the culture would be very corporate, but in reality I have worked with people who have really different personalities and approaches to the way they work. We do have a clear brand, but everyone is encouraged to be themselves.
How do you explain what you do and what you love about it?
I sometimes find it difficult to explain my job to friends and family because they assume that working in IT means I have a technical or operational role. Not many people know about risk management and control. I try and use an example they may be familiar with, for example looking at how a company keeps on top of its cyber risks, or manages internal security to make sure only the right people are accessing the data and systems. I love my job because it’s so people driven. We don’t make and sell a product, we offer the brainpower, perspectives and commitment of our teams to solve difficult and complex problems for our clients. There is also a clear public interest purpose, which is incredibly motivating and has kept me going through challenging times for more than 20 years.
What does leadership mean to you?
Leaders need to be role models and demonstrate the kind of behaviour we want to see within the firm. Good managers will inspire people in both vision and purpose, demonstrating how these make a difference to the way we carry out our work. We need to create an environment where people can develop whilst being themselves, and are in control of their own career.
How does Deloitte foster an inclusive environment?
Deloitte is very understanding of the fact that everyone has different circumstances and needs to adapt their schedules accordingly. I have been able to change my working pattern over the years to suit my personal needs as my life changes. I am now on a contract where my work is calculated on an hourly basis, which enables me to fulfil a leadership and client facing role alongside my family life and personal commitments. In addition, for every major promotion I have ever had, I have never been expected to adopt a certain persona to fit the new role. Instead I have always been encouraged to be authentic and speak my mind, something which is recognised as a strength.
"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.
"My team has always made me feel included, provided me with the freedom to practice my religion and taken an active interest in my culture."
What attracted you to Deloitte?
Deloitte is known for its flexible working environment and the support it offers to new parents. As a first-time mother I was a bit nervous joining the team, but the people around me have made it easy for me to manage my career around personal commitments. The caring attitude I see from my team inspires me to work from the heart, not just because I’m paid to do a job. During the interview process I got a great idea about the firm’s values and their focus on inclusivity and diversity really appealed to me.
What does leadership mean to you?
As an Assistant Manager in Audit and Assurance, I want to be a role model for the team. I believe good leadership means encouraging people to achieve their maximum potential whenever they’re working towards a goal. In the field of audit, it’s important that we lead by example, so that the rest of the team has a path to follow.
How have you felt supported?
I started my new role after maternity leave. With a young baby in the picture, returning to work felt quite overwhelming. The team was extremely welcoming and provided me with all the care and support I needed to help me adjust in my new role.
How does Deloitte foster an inclusive environment?
I am an Asian Muslim who migrated to the UK in 2019. My team has always made me feel included, provided me with the freedom to practice my religion and taken an active interest in my culture. During the month of Ramadan, when we fast from dusk to sunset (almost 16 hours in summer), my team supports me to work during my most productive hours. Shortly after I joined I remember being anxious about asking for holidays over the Eid festival as I was so new to the team. I needn’t have worried, because management were extremely accommodating.