Audit Quality Director

TN United Kingdom; Manchester; On-site; GBP 40,000 - 70,000; 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 organization. You will collaborate with various teams and play a crucial role in developing quality proposals and action plans. If you are passionate about driving quality improvements and have a strong background in audit processes, this position is perfect for you. Join a forward-thinking company committed to excellence and make a significant impact in the audit industry.

Qualifications

• Experience in audit quality management and development of quality initiatives.
• Strong analytical skills for conducting root cause analysis.

Responsibilities

• Manage Audit Quality Champions to ensure quality strategy delivery.
• Conduct root cause analysis and develop quality action plans.

Skills

Audit Quality Management

Root Cause Analysis

Regulatory Liaison

Team Leadership

Education

Bachelor's Degree in Accounting or Finance

Professional Audit Qualification (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 offers a unique opportunity to be at the forefront of change and help shape practical initiatives to improve audit quality.

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

The audit industry is continually evolving, with an increased focus on audit quality.

About the Job

1. Line management of Audit Quality Champions (AQCs) to ensure consistent delivery of the quality strategy within the service line.
2. Participate in Quality Response Team meetings and develop quality proposals for consideration by the Audit Management Board (AMB).
3. Act as a regulatory liaison for file reviews, firmwide work, and other information requests and projects. Support audit teams with meetings, file review responses, and organize firmwide information requests.
4. Conduct root cause analysis reviews and develop subsequent quality action plans.
5. Support in developing coaching plans for RIs where relevant.
6. Manage independence reviewer allocations and report authorizations to the AMB.
7. Monitor quality actions and provide status updates to the Head of Audit Quality.

There are further opportunities to work on other quality initiatives as part of the wider audit quality enhancement plan.