Audit Quality Review & Support Team Senior Manager
Full job description
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. Within the last year we have increased our headcount significantly, invested in new partners, and commenced a significant investment programme in our central quality support team.
As experts on a wide number of issues, our Quality Review & Support team (QRST) within the Audit Quality Department (AQD) provides support to our client-facing specialists in audit/assurance. From performing independent quality reviews on a selection of our listed and PIE audits, to being on-hand to help with complex enquiries, QRST is tasked with helping our team meet their reporting requirements and consistently deliver high quality audits. As part of this supportive and knowledgeable team, you’ll have a chance to use and develop your technical skills and experience, find solutions to complex audit technical matters and contribute daily to the firm’s commitment to deliver high quality output. Learn on the job. Lead and manage projects. Build a network of experienced specialists.
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 and, 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.
We're looking for a Senior Manager to work within its Quality Review & Support team.
The individual will help our teams deliver high quality audits by performing targeted reviews on our public interest entities (PIEs), challenging audits throughout the audit cycle, providing coaching and support to promote consistent high quality audits. You’ll also:
Perform in-flight reviews of audits at every stage from planning through to completion and reporting, identifying ways to improve audit quality
Determine areas of focus for reviews, liaising with the QRST Director to agree approach
Proactively discuss audit quality matters with teams and help develop strategies to deliver high audit quality audits
Challenge the execution of audit procedures and documentation of audit work performed
Support and coach teams to implement identified improvements in audit quality
Identify issues and matters where firm-wide action may be required, in conjunction with the Director of the QRST
Contribute to the development of training and guidance on performing high quality audits
Provide clear and practical solutions to ad hoc audit quality queries
Get the opportunity to contribute to the wider audit quality agenda by getting involved in a variety of audit quality initiatives lead by the wider Audit Quality Improvement team
You'll be someone with:
A Keen interest in Audit Quality
Excellent practical and technical auditing experience particularly on more complex audits
Good working knowledge of IFRS
Ability and willingness to assertively challenge and influence more senior individuals and peers
Ability to think innovatively and creatively to identify ways to improve audit quality
Attention to detail
Strong written and oral communication skills
Effective project management
Desirable: Experience of performing audit quality reviews (pre or post audit opinion)
Desirable: IFRS9 or IFRS17 expertise