Financial Audit IT Integration (FAIT)

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Assurance plays a vital role in restoring and maintaining public confidence in the world’s capital markets by providing an independent and reliable voice.

EY is one of the most trusted, respected and influential organisations in the industry. As an assurance professional here you’ll have access to world-class training and all the latest information. Your work will follow a consistent, globally recognised methodology, and you’ll use leading edge support tools. Our Assurance practice is built around our core audit delivery but also encompasses a wide range of assurance services of which Financial Audit IT Integration (FAIT) is one.

IT applications play a key role in the processing of financial data; using our IT controls based approach we work closely with our client and the financial audit team to provide assurance around the integrity of financial data. Working in FAIT you will gain a broad understanding of clients’ IT environments from automated transaction processing to user access management. You will be responsible for identification of key risks and weaknesses and be able to advise clients on areas of improvement.

Within the context of information technology risk our clients use their IT and data to gain competitive advantage, customer intimacy and operational excellence. Today IT and data management are such an integral part of our clients' operations that even the smallest mistake or security breach can have a substantial impact both on their reputation and the integrity of their financial accounts, subsequently impacting business performance. Within FAIT, in addition to supporting the core audit practice, we also work with our clients on their broader IT risk agenda, providing them with the confidence and information to make decisions critical to the success of their business.

What will I be doing?

EY will take you further, faster so you’ll be making a difference to our clients' businesses right from the start. From day one you will play an integral role within FAIT engagements, working directly with clients. Within your first year, you will develop a strong working knowledge of EY’s unique audit methodology, and working as part of a wider team you will be responsible for a variety of challenging tasks, including taking ownership for testing and reviewing the effectiveness of key IT controls for specific business processes and communicating the impact of your results and recommendations for improvement directly with clients. In addition, your role will also include working with the financial audit team to understand the impact of your findings on their audit approach.

FAIT provides a springboard for your personal and career development, giving you responsibility from day one and developing the skills you need to be an effective business advisor.

What training and development will I receive in my first few years?

School leavers join straight from school and spend 5 years on the programme – Our students based in England will complete a CFAB qualification leading to full qualification through the ICAEW. Our Scottish students will study ICAS.

In addition to studying for CFAB in your first two years, specific training will be provided in relation to assessing the effectiveness of automated business processes and IT controls, and translating the impact of your findings into a business context. You’ll also be assigned a counsellor on day one who’ll work closely with you to identify your strengths and help you grow in your career.

What opportunities will the FAIT School Leaver programme open up?

Our expectations are high: we believe most students joining Assurance will become senior managers, directors and partners – we’re looking specifically for the business and market leaders of the future. We’re looking ahead and we believe the work and training you do in your first few years lays the groundwork for a fast-moving, high-potential career with us.

We look for people who are inquisitive, analytical, ambitious and great at working with others. You'll need to be a good team player and demonstrate the potential to become a future business leader. You'll need to be prepared to challenge us, to act on your own initiative and to make an impact on our teams and clients from day one.

Entry requirements:

For School leavers

  • Grade B or above for GCSE in Mathematics and English (or equivalent);
  • At least 300 (24) UCAS points (excluding general studies and re-sits).

Please note: in exceptional circumstances we will accept applications from candidates who do not meet our academic requirements. If this is your case, you will need to provide strong justification for why we should consider your application. You will also need to provide documentary evidence of any mitigating circumstances.


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