Audit Quality Director

TN United Kingdom; Milton Keynes; On-site; GBP 40,000 - 80,000; 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 shape and implement quality initiatives that enhance audit standards. You will lead a team of Audit Quality Champions, collaborate across various departments, and engage in quality response meetings that influence the future of audit practices. If you are passionate about improving audit quality and thrive in a dynamic environment, this position is perfect for you.

Qualifications

• Experience in audit quality management and regulatory liaison.
• 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

Regulatory Liaison

Root Cause Analysis

Line Management

Education

Bachelor's Degree in Accounting or Finance

Professional Audit Qualification

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) to ensure the consistent 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. Acting as a 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 subsequent 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.

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