Audit Compliance Manager

Barclay Simpson; London; On-site; GBP 60,000 - 70,000; Full time

Job summary

A leading global professional services firm is seeking an Audit Compliance Manager to oversee compliance and offer regulatory advice. The role involves managing a team, advising on independence regulations, and handling compliance queries. Ideal candidates will have Big Four experience and a strong understanding of independence compliance.

Qualifications

• Experience in a Big Four firm, preferably in an independence compliance team.
• Strong understanding of IESBA and FRC rules is essential.
• Ability to translate policies into operational processes is crucial.

Responsibilities

• Manage two associates and provide oversight and coaching.
• Ensure compliance with audit independence regulations.
• Develop and improve entity management systems.

Skills

Technical knowledge of independence regulations

Stakeholder engagement

Management experience

Audit compliance tools

Education

Chartered Accountant

Tools

Entity management systems

Audit compliance tools

Job description

Audit Compliance Manager - Independence Manager

I'm working with a global professional services firm. They are looking for an audit manager to join a specialised team that provides compliance and regulatory advice to the business in like with accounting best practice. If you are working in an independence team at a smaller firm or even an audit manager at a big 4 firm looking for a new role, please contact me.

Overview of the Role & Team

• The role is newly created due to team expansion within the Global Independence Team
• The team acts as the head office for independence-related matters, supporting member firms globally.
• When independence teams at member firms have questions, they escalate them to the team for guidance.
• The position will manage two associates, providing oversight and coaching.

Key Responsibilities

• Independence Compliance & Advisory:

  • Ensuring that policies and procedures are correctly interpreted and applied operationally.
  • Advising on ISBA (IESBA) Code of Ethics, FRC rules, and other audit independence regulations.
  • Assisting member firms in determining the permissibility of services and relationships under independence rules.
  • Acting as a bridge between associates and senior leaders

• Entity Management System & New System Development:

  • Familiarity with entity management systems, where all client relationships are recorded.
  • The firm is developing a new services and authorisation system, which will interact directly with clients.
  • The manager should ideally have experience working with such systems in a Big Four firm.

• Global Mailbox & Query Handling:

  • The team manages a global mailbox where member firms send independence-related queries.
  • Common queries include interpretation of the IESBA Code, specific entity management system issues, and questions on auditor-client relationships.
  • While firms ultimately make their own decisions, the team provides guidance and best practices.

• Quality & Risk Management:

  • Role involves aspects of audit technical advisory, quality management standards, and risk controls.

Ideal Candidate Profile

• Big Four experience is preferred, ideally within an independence compliance team.
• Technical knowledge of independence regulations (IESBA, FRC rules).
• Strong understanding of entity management systems and experience working with audit compliance tools.
• Previous management or coaching experience would be beneficial.
• Ability to translate policy and procedures into operational processes.
• Comfortable with stakeholder engagement and advisory work.
• Preference for someone who has worked on both operational and advisory independence matters.
• Ideally a chartered accountant.

Salary

£60,000 - £70,000 2 days a week in the central London office. Please send your CV to me directly [e-mail]