Audit Quality Director

TN United Kingdom; London; On-site; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a dedicated professional to join their audit quality department. This role offers a unique opportunity to lead initiatives aimed at enhancing audit quality across the practice. You will collaborate with various teams, manage Audit Quality Champions, and be involved in developing quality proposals for the Audit Management Board. As the audit industry evolves, your contributions will be vital in shaping practical solutions to improve audit processes. If you are passionate about quality and compliance, this position is an excellent fit for you.

Qualifications

• Experience in audit quality management and regulatory compliance.
• Strong analytical skills for conducting root cause analysis.

Responsibilities

• Manage Audit Quality Champions and deliver quality strategy.
• Conduct root cause analysis and develop quality action plans.
• Liaise with regulatory bodies and support audit teams.

Skills

Audit Quality Management

Root Cause Analysis

Regulatory Compliance

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 offer a unique opportunity to help shape and develop practical initiatives to improve audit quality.

The role involves collaboration across the business, including QAD, NATs, and the AQCs, providing insight into various aspects of the audit process.

The audit industry is continually evolving, with an increased focus on audit quality being a consistent theme.

About the Job

1. Line management of Audit Quality Champions (AQCs) in the delivery of the quality strategy within the service line.
2. Participation in Quality Response Team meetings and development of quality proposals for consideration by the Audit Management Board (AMB).
3. Regulatory liaison for file reviews, firmwide work, and other information requests and projects, supporting audit teams with meetings, file review responses, and organizing firmwide information requests.
4. Conducting root cause analysis reviews and developing quality action plans.
5. Supporting the development of coaching plans for RIs where relevant.
6. Managing independence reviewer allocations, and reporting authorizations to the AMB.
7. Monitoring quality actions and providing status updates to the Head of Audit Quality.

Additional opportunities to work on other quality initiatives as part of the wider audit quality enhancement plan are also available.