Financial Auditor
Posted 5 days ago by McGregor Boyall
Negotiable
Undetermined
Undetermined
London Area, United Kingdom
Summary: The Financial Auditor role involves conducting an independent assessment of third parties' financial positions for a short-term assignment covering the financial period from FY 2021 to October 2025. The auditor will be responsible for developing an audit plan, performing interim testing, and delivering various audit reports while ensuring confidentiality and data security. The position requires reviewing claims and discounts provided to medical providers in accordance with agreements. The assignment is expected to be completed within a timeline of 2-3 days, culminating in a sign-off process for the audit report.
Key Responsibilities:
- Conduct independent assessments of third parties' financial positions.
- Develop and execute an audit plan and timeline.
- Perform interim testing and prepare interim testing reports.
- Draft and finalize audit reports, including documentation and evidence collection.
- Review discounts provided to medical providers against agreements.
- Check 20-25 claims lines from 3-4 different insurers.
- Ensure confidentiality and data security measures are in place.
- Report findings and recommendations, including management response processes.
- Oversee the review and sign-off process for the audit report.
Key Skills:
- Experience in financial auditing.
- Strong analytical skills.
- Knowledge of audit methodologies and practices.
- Ability to assess financial documents such as ledgers and invoices.
- Understanding of confidentiality and data security measures.
- Effective communication skills for reporting findings.
Salary (Rate): undetermined
City: London Area
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Immediate Start Needed - Short term assignment
Audit Scope and Boundaries
Financial period covered FY 2021 to Oct 2025
Entities or divisions included – TBC
Medical provider
Responsibilities
Auditor responsibilities - independent assessment of third parties financial position.
Audit Approach and Methodology
Audit Deliverables
Audit plan and timeline
Interim testing reports
Draft audit report
Final audit report
Documentation and Evidence
Required documentation (e.g., ledgers, invoices, bank statements)
To review discounts provided to different providers are inline with the agreement
Checks on 20-25 claims lines of 3-4 different insurers they provide services to
No medical notes would be examined
Evidence collection procedures
Confidentiality and data security measures
Reporting
Findings and recommendations
Management response process
Timeline
Key milestones and deadlines - 2-3 day audit
Review and sign-off process – audit report submitted for sign off.
Resources
Single Audit consultant