Audit Quality Director

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

Job summary

An established industry player is seeking a dedicated Audit Quality Manager to lead initiatives that enhance audit quality across the practice. This role offers a unique opportunity to shape quality strategies and collaborate with various teams to ensure compliance and excellence. You will manage a team of Audit Quality Champions, participate in quality response meetings, and conduct root cause analyses to drive improvements. This position not only allows you to influence the audit process but also to contribute to the evolving landscape of the audit industry, making a significant impact on quality assurance practices.

Qualifications

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

Responsibilities

• Manage Audit Quality Champions to ensure quality strategy delivery.
• Conduct regulatory liaison and support audit teams with reviews.
• Develop quality action plans based on root cause analysis.

Skills

Line Management

Quality Assurance

Regulatory Liaison

Root Cause Analysis

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 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 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. 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 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 available.