Audit Quality & Compliance Executive – UAE

Kreston Awni Farsakh & Co.; Dubai; On-site; AED 180,000 - 280,000; Full time

Job summary

Kreston Awni Farsakh & Co. in Dubai seeks an experienced Audit Quality & Compliance Executive to support audit quality, professional standards and regulatory compliance functions.

The role monitors audit engagements, reviews compliance with firm policies and applicable requirements, and aids in continuous improvement of audit quality. UAE experience and relevant qualifications are preferred.

Qualifications

• Bachelor's degree in Accounting, Finance or related field.
• 3–6 years of external audit experience in UAE preferred.
• Strong knowledge of ISAs, IFRS, ethics and audit quality.
• Familiarity with ISQM 1 and ISQM 2 preferred.
• ACCA/CA/CPA or equivalent qualification preferred.
• Strong audit documentation, risk assessment, controls and procedures.
• Attention to detail, analytical, communication and report-writing skills.
• Ability to work independently with confidentiality and judgement.

Responsibilities

• Perform engagement quality and compliance reviews of audit files.
• Review working papers for ISAs, IFRS, UAE regulatory compliance and firm methodology.
• Identify audit quality deficiencies and recommend corrective actions.
• Monitor compliance with the firm's audit policies, procedures and quality management system.
• Assist with internal file inspections and periodic quality control reviews.
• Follow up on findings and remedial actions.
• Assist in developing and updating audit methodologies, templates and internal procedures.
• Monitor changes to auditing, accounting, ethical and regulatory requirements and communicate relevant updates to the audit team.
• Support the implementation and ongoing monitoring of the firm's System of Quality Management (SoQM).
• Provide guidance on audit documentation, independence, ethics and professional standards.
• Prepare quality and compliance reports for management and partners.
• Assist with regulatory inspections and responses to inspection findings, where applicable.
• Conduct training and awareness sessions for audit staff on audit quality and professional requirements.

Skills

Audit experience

ISAs knowledge

IFRS knowledge

Ethics & independence

Audit documentation

Risk assessment

Internal controls

Report writing

Analytical skills

Communication skills

Education

Bachelor's degree in Accounting/Finance

ACCA/CA/CPA or equivalent

Job description

We are seeking an experienced Audit Quality & Compliance Executive to support the firm's audit quality, professional standards and regulatory compliance functions. The role will be responsible for monitoring audit engagements, reviewing compliance with the firm's policies and applicable professional and regulatory requirements, and supporting the continuous improvement of audit quality.

Key Responsibilities:

• Perform engagement quality and compliance reviews of audit files.
• Review audit working papers for compliance with ISAs, IFRS, UAE regulatory requirements and firm methodology.
• Identify audit quality deficiencies and recommend appropriate corrective actions.
• Monitor compliance with the firm's audit policies, procedures and quality management system.
• Assist with internal file inspections and periodic quality control reviews.
• Follow up on findings and agreed remedial actions.
• Assist in developing and updating audit methodologies, templates, checklists and internal procedures.
• Monitor changes to auditing, accounting, ethical and regulatory requirements and communicate relevant updates to the audit team.
• Support the implementation and ongoing monitoring of the firm's System of Quality Management (SoQM).
• Provide guidance to engagement teams on audit documentation, independence, ethics and professional standards.
• Prepare quality and compliance reports for management and partners.
• Assist with regulatory inspections and responses to inspection findings, where applicable.
• Conduct training and awareness sessions for audit staff on audit quality and professional requirements.

Skills

Bachelor's degree in Accounting, Finance or a related field.

3–6 years of external audit experience, preferably with a recognised audit firm in the UAE.

Strong knowledge of ISAs, IFRS, professional ethics and audit quality requirements.

Familiarity with ISQM 1 and ISQM 2 is highly desirable.

ACCA, CA, CPA or equivalent qualification, or partly qualified, preferred.

Strong understanding of audit documentation, risk assessment, internal controls and audit procedures.

Excellent attention to detail and ability to identify technical and compliance issues.

Strong analytical, communication and report-writing skills.

Ability to work independently while maintaining a high level of professional judgement and confidentiality.

UAE audit experience and familiarity with UAE Ministry of Economy / regulatory requirements would be an advantage.