Audit Quality Director

RSMUK; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading audit firm in the UK is seeking a professional to join their Audit Quality Department. This role involves managing Audit Quality Champions, developing quality responses, and liaising with regulatory bodies. The ideal candidate will possess strong technical skills in auditing, proven leadership experience, and exceptional communication abilities. This position offers an opportunity to shape quality initiatives in a dynamic environment.

Qualifications

• Strong technical auditing and accounting skills.
• Experience in regulatory reviews.
• Proven quality track record.
• Outstanding communication skills.
• Strong people management and project management skills.
• High attention to detail.

Responsibilities

• Manage Audit Quality Champions in delivering quality strategy.
• Involvement in Quality Response Team meetings.
• Liaise with regulators for file reviews.
• Conduct root cause analysis and action planning.
• Support development of coaching plans.
• Monitor quality actions and provide updates.

Skills

Technical auditing skills

Regulatory review experience

Leadership skills

Communication skills

People management skills

Project management

Attention to detail

Job description

Overview

Audit Quality Department

The audit quality department is responsible for the development, implementation and monitoring of quality initiatives across the practice. Joining the audit quality team at this point would allow you to be at the forefront of change and would offer you a unique opportunity to help shape and develop practical initiatives to improve audit quality.

The role will involve collaboration across the business, including QAD, NATs and the AQCs and will provide you with an insight into various aspects of the audit process.

The audit industry is continually evolving but the consistent theme is the increased focus on audit quality.

About the Job

Responsibilities

• Line management of Audit Quality Champions (AQCs) in the consistent delivery of the quality strategy within the service line
• Involvement in the Quality Response Team meetings and the development of quality proposals for consideration by the Audit Management Board (AMB)
• Regulatory liaison for file reviews/ firmwide work and other information requests and projects. This would involve supporting the audit teams with the meetings and file review responses and for organizing and monitoring firmwide information requests
• Root cause analysis reviews and subsequent quality action planning
• Supporting in the development of supportive coaching plans for RIs where relevant
• Management of independence reviewer allocations and the management and reporting of authorisations to the AMB
• Monitoring quality actions and providing status updates to the Head of Audit Quality

There would be further opportunity to work on other quality initiatives as part of the wider audit quality enhancement plan.

Requirements

• Strong technical auditing and accounting skills, both from a performance and review perspective
• Experience dealing with regulatory reviews and engagement
• A proven quality track record/ experience
• Proven leadership skills
• Outstanding oral and written communication skills with the ability to articulate complex issues in a concise and understandable manner
• Strong people management skills and confidence in providing feedback and challenging in a constructive and professional way
• Confidence and a proven track record in project management alongside the adaptability to deal with changes to timelines and plans
• A strong understanding of proportionality and the ability to make sound decisions about the significance of issues
• A challenging and sceptical mindset coupled high a high attention to detail

Diversity and Inclusion at RSM
At RSM, we want to create a strong sense of belonging so that people of all identities, backgrounds, and cultures feel they can bring their true self to work. Our clients come from all walks of life. We aim to achieve that same diversity of background, experience and perspective in our own teams, so that we can genuinely understand our client's needs. Diverse teams bring a broader range of ideas and insights to work. That\'s why we\'re working together to ensure our firm\'s principles and processes support a firm culture that embraces difference and strengthens inclusion.
At RSM we work hard to create an environment where our people can make a difference - to themselves, their career, their teams, and to the success of our firm and clients. We support all our people to work flexibly, to manage their family and other responsibilities alongside their work commitments; we believe this is key to achieving an inspiring and fulfilling working environment.