Senior Compliance Officer - Audit Monitoring

ACCA; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

Join ACCA as a Senior Audit/Compliance Officer, contributing to a leading compliance team. This hybrid role offers a chance to apply your extensive audit knowledge and professional qualifications while ensuring firms meet regulatory standards. Enjoy a competitive benefits package focusing on your well-being, alongside opportunities for growth within a dynamic team.

Benefits

Employee assistance programme

Financial wellbeing tool

Qualifications

• Significant post-qualification experience at manager level in an audit practice environment.
• In-depth knowledge of International Standards on Auditing and Ethical Standards.
• Ability to work independently with minimal supervision.

Responsibilities

• Conduct monitoring visits to ensure compliance with ACCA standards.
• Prepare detailed reports after each monitoring visit.
• Contribute to regulatory procedures to improve the Compliance team's efficiency.

Skills

Communication

Judgment

Organizational Skills

Relationship Management

Education

Recognised professional accountancy qualification (ACCA or equivalent)

Job description

ACCA is committed to a workplace culture which is inclusive, diverse, human and connected.

We're currently looking for a Senior Audit / Compliance Officer on a full time, permanent basis. This position sits within the Compliance team.

This role can be offered on a hybrid basis from out London or Glasgow offices or as a remote role based from home.

The job

Reporting to the Lead Senior Compliance Officer, on a day to day basis, you'll be involved in the following:

• Plan and conduct monitoring visits, to firms holding a UK or Ireland auditing certificate and/or CAA-Atol licence issued by ACCA, in accordance with defined procedures; identify and communicate any necessary improvements in the firm's work to ensure that it is complying with relevant standards, ACCA's Global Practising Regulations and the Code of Ethics and Conduct.
• Consider and recommend further regulatory action, where appropriate.
• Prepare and issue on a timely basis a detailed report to the firm (or, as appropriate, the Admissions and Licensing Committee or Regulatory Assessor) after each monitoring visit which confirms the findings and any required or recommended future action.
• Provide information as necessary to other departments (such as Authorisation and Investigations) in accordance with defined procedures to ensure that ACCA is able to discharge its regulatory responsibilities effectively and efficiently.
• Carry out peer reviews of visit reports produced by colleagues in the Compliance team in accordance with defined procedures to ensure consistency of approach across the department and maintain the quality of written output.
• Ensure that the firm responds to the visit report and provides any outstanding information by the date specified, including adhering to the procedures laid down for issuing reminders, where necessary. Respond to post-visit correspondence from the firm, including the assessment of any action plan to improve the standard of the firm's work, and providing further guidance as necessary.
• Contribute to the design, implementation and review of regulatory procedures and systems to ensure efficient and effective performance of the Compliance team as a whole.

The person

We're looking for someone who:

• has a recognised professional accountancy qualification (ACCA or equivalent)
• has significant post-qualification experience at manager level or equivalent in an audit practice environment
• has in-depth technical knowledge of International Standards on Auditing, Ethical Standards and the relevant sections of ACCA's Rulebook
• has the ability to communicate confidently, effectively and appropriately with experienced, qualified audit practitioners, both orally and in writing
• has the ability to build strong working relationships and manage potentially difficult individuals, while remaining calm, assertive and professional at all times
• has sound judgment and be able to make reasoned and appropriate decisions
• has an organised and methodical approach and be able to work to strict deadlines
• is self-motivated and able to work independently with the minimum of supervision
• has extensive practical experience of applying relevant standards
• has an appreciation of the importance of appropriate management controls and corresponding "best practice" in the accountancy profession.
• must hold a UK/Republic of Ireland driving licence and have access to own vehicle.
• is prepared to travel throughout the UK and Ireland when necessary and occasionally overseas and stay away from home overnight.

Interested in this role? Click Apply to submit your application.

We strive to create an environment where you can prioritise your wellbeing and offer a competitive benefits package to help you do this. We provide an employee assistance programme and are proud to offer a financial wellbeing tool to our employees.

We are committed to equal opportunities across our recruitment activities and have a real commitment to ensuring the inclusion and well-being of all employees. We have a blended approach to working to support our employees to balance the needs of their job with other aspects of their life.

For more information on ACCA, your journey as a candidate and the benefits of working with ACCA please visit our Work for Us page here https://www.accaglobal.com/uk/en/about-us/work-for-us.html.