Audit Quality Improvement Senior Managers - FS Audit

London Permanent
  • Top 10 accountancy firm with hybrid working and excellent work / life balance.
  • Great first move away from a pure external audit role.

About Our Client

This large, growing accountancy firm is a leading challenger firm to the Big Four and the spotlight from all regulators, in particular the FRC, continues to intensify as the firm takes on ever larger and more complex audits.

Job Description

As a Senior Manager in this leading accountancy firm's Audit Quality Improvement Team, you'll have a chance to use and develop your technical skills and experience, find solutions to technical queries and contribute daily to the firm's commitment to deliver high quality output.In the continually changing and strengthening audit regulatory environment, improving audit quality is a key strategic priority for the firm's Leadership who are supporting a significant investment in a newly established Audit Quality Improvement Team. This is a role where the individual can have a real impact in improving the firm's audit quality.The role will involve a combination of:

  • Internal quality monitoring - reviewing completed AQR in-scope audits, assessing the quality of audit work and its compliance with auditing standards and the firm's internal policies and procedures and discussing any quality findings with RIs and audit teams with a view to agreeing actions to achieve improvement.
  • Regulator review support - providing support to audit teams undergoing an external Regulator review (principally AQR) to help them navigate the requirements. You will review the selected audit file and support the team in responding to the Regulator's informal verbal queries, drafting written responses to the Regulator's formal queries and findings, including helping to develop the specific actions to address the findings raised.



In this busy and rewarding role you will be:

  • Collating examples of audit quality findings and good practice to share with the audit stream
  • Assisting with audit quality communications including both presenting on calls and writing newsletter articles
  • Taking part in root cause analysis investigations to help identify the cause of why findings arise
  • Undertaking ad hoc audit quality projects including thematic reviews, reviewing audit files where there has been a risk report and supporting the International audit quality programme to drive audit quality improvements across the International network

The Successful Applicant

  • ACA or similar professional accountancy qualification
  • Ideal candidates will have FS audit experience gained in a Big 4 or top 10 practice
  • Considers themselves an expert with regards to the UK auditing standards
  • An awareness of the regulatory requirements in Jersey, Guernsey, Isle of Man or Ireland is useful but not essential.
  • As this role will involve reviewing completed audit files in the scope of AQR review for quality purposes, experience as an audit manager is essential and experience of AQR scope audits is preferable

What's on Offer

  • Excellent salary
  • Flexible working
  • Hybrid working
  • Develop your technical skills and experience
  • Find solutions to technical queries
  • Contribute daily to the firm's commitment to deliver high quality output
Contact
Colin Hawkins
Quote job ref
JN-112022-5826305
Phone number
+44 207 269 2249

Job summary

Job function
Audit & Advisory
Subsector
Practice (Audit) & Assurance
Sector
Business Services
Location
London
Contract type
Permanent
Consultant name
Colin Hawkins
Consultant phone
+44 207 269 2249
Job reference
JN-112022-5826305