Audit Quality Director

TN United Kingdom; Crawley; On-site; GBP 125,000 - 150,000; Full time

Job summary

An established industry player is seeking a dedicated professional to join their audit quality department. This role offers a unique chance to lead initiatives that enhance audit quality through collaboration with various teams. You will manage Audit Quality Champions, participate in quality response meetings, and support audit teams in regulatory liaisons. Your expertise in root cause analysis will be vital in developing action plans that drive continuous improvement. If you are passionate about quality and eager to make a significant impact in a dynamic environment, this opportunity is perfect for you.

Qualifications

• Experience in audit quality management and regulatory compliance is essential.
• Strong analytical skills for root cause analysis and action planning.

Responsibilities

• Manage Audit Quality Champions to ensure consistent delivery of quality strategy.
• Liaise with regulatory bodies for file reviews and information requests.

Skills

Audit Quality Management

Regulatory Compliance

Root Cause Analysis

Coaching and Development

Education

Bachelor's Degree in Accounting or Finance

Professional Certification (e.g., ACA, ACCA)

Job description

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

• 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 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.