Audit Quality - Audit Quality Improvement Team - Manager Location: London
Time Type: Full time
Posted On: 6 Days Ago
Job Requisition ID: R15040
Ideas | People | Trust We're BDO, an accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today's changing world.
We work with the companies that are Britain's economic engine – ambitious, entrepreneurially-spirited and high-growth businesses that fuel the economy – and directly advise the owners and management teams leading them.
We'll broaden your horizons Audit quality is central to our strategy as an Audit Stream, the key ingredient to our success. Consistent high audit quality enables us to attract, develop and retain talented people and be proud of our work. Audit quality allows us to compete in the market and demonstrate that we can play a key role in market reform.
Consistently high audit quality does not happen by chance. It requires a mindset and culture of challenge and professional scepticism, appropriate resources both people and intellectual, investment in central support for engagement teams and technology solutions.
We'll help you succeed The work we do is underpinned by quality. We deliver audits which are trusted and transparent which can be relied upon by companies and their stakeholders.
You'll be someone who is comfortable working pro-actively, managing your own tasks, as well as confident collaborating with others and communicating regularly with Senior Managers, Directors, and BDO's Partners. You'll help deliver accurate and transparent reporting to all relevant stakeholders as you provide long-term value.
This is an opportunity for a talented, high-performing and ambitious Manager to join the Audit Stream Risk Management Team in the Audit Quality Directorate (AQD) in an exciting period and help to shape the role and the expanding team. You will report into the Audit Quality Improvement Team Partner and work closely with Audit Stream Risk Management Team Senior Managers.
The Audit Stream Risk Management Team is a growing team and provides support to audit teams when audit risk issues emerge. You will assist the audit team in resolving the issue to enable them to manage any reputational risks and consistently deliver high-quality audits. The role will include performing detailed reviews of audit files, providing the teams with proactive support to resolve the risk issue and involving specialists from the legal team and wider AQD team when required.
Principal Responsibilities: Triage audit risks arising from the Audit Stream and ensuring they are satisfactorily resolved. Assist the partner and senior managers to resolve complex audit risk issues, including performing a detailed review of audit files to establish the nature and extent of the risk. Support the development of our system of quality management by improving processes and controls and the documentation of these. Assist on dealing with amendments on engagement letters, hold harmless letters and NDAs. Support on ad hoc projects arising within the Audit Stream Risk Management Team. Contribute to audit quality initiatives led by the wider Audit Quality Improvement Team. You'll be someone with: ACA or similar professional accountancy qualification. Excellent practical and technical auditing experience, particularly on more complex audits. Experience as an audit manager is essential and experience of AQR scope audits is preferable. Wide-ranging practical experience regarding application of ISAs (UK) and audit methodology. Ability to be objective and sceptical and to have confidence to challenge more senior members of an audit team. Ability to work both independently and collaboratively as part of a small team. Attention to detail. Excellent communication skills, both written and verbal. Takes personal responsibility and accountability for own work. An awareness of the UK regulatory requirements is useful but not essential. Previous audit risk experience is useful but not essential. You'll be able to be yourself; we'll recognise and value you for who you are and celebrate and reward your contributions to our business. We're committed to agile working, and we offer everyone the opportunity to work in ways that suit them, their teams, and the task at hand.
About Us BDO UK provides tax, audit and assurance, advisory and business outsourcing services. Our clients are Britain's economic engine – ambitious, entrepreneurially-spirited and high-growth businesses that fuel the economy.
Our partners and staff are specialists in their fields and have a proactive, flexible approach to helping clients overcome the challenges they face. We aim to be as innovative and entrepreneurial as our clients.
We operate from 17 locations across the UK, covering all major business centres. We employ 8,000 people who are encouraged to bring their best selves to work; taking responsibility for their work and their relationships with clients. All our people share core values that underpin both our culture and the value that we bring to our clients.
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