At a Glance
- Tasks: Lead audit quality reviews and support teams in delivering high-quality audits.
- Company: BDO is a leading accountancy and business advisory firm supporting ambitious businesses.
- Benefits: Enjoy agile working, personal development programs, and a supportive culture.
- Why this job: Join a team committed to audit excellence and make a real impact on the economy.
- Qualifications: Experience in financial services and strong auditing skills are essential.
- Other info: Collaborate with experts and access state-of-the-art resources for continuous learning.
The predicted salary is between 43200 - 72000 £ per year.
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 with Financial Services experience 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 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 ati hand. At BDO, we’ll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development. We’re in it together Mutual support and respect is one of BDO’s core values and we’re proud of our distinctive, people-centred culture. From informal success conversations to formal mentoring and coaching, we’ll support you at every stage in your career, whatever your personal and professional needs. Our agile working framework helps us stay connected, bringing teams together where and when it counts so they can share ideas and help one another. At BDO, you’ll always have access to the people and resources you need to do your best work. We know that collaboration is the key to creating value and satisfying experiences at work, so we’ve invested in state-of-the-art collaboration spaces in our offices. BDO’s people represent a wealth of knowledge and expertise, and we’ll encourage you to build your network, work alongside others, and share your skills and experiences. With a range of multidisciplinary events and dedicated resources, you’ll never stop learning at BDO. We’re looking forward to the future At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy. Our success is powered by our people, which is why we’re always finding new ways to invest in you. Across the UK thousands of unique minds continue to come together to help companies we work with to achieve their ambitions. We’ve got a clear purpose, and we’re confident in our future, because we’re adapting and evolving to build on our strengths, ensuring we continue to find the right combination of global reach, integrity and expertise. We shape the future together with openness and clarity, because we believe in empowering people to think creatively about how we can do things better
Audit Quality Review & Support Team Senior Manager - Financial Services employer: BDO UK
Contact Detail:
BDO UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Quality Review & Support Team Senior Manager - Financial Services
✨Tip Number 1
Familiarize yourself with the latest developments in audit quality standards and regulations, especially those relevant to Financial Services. This knowledge will not only help you in interviews but also demonstrate your commitment to maintaining high audit quality.
✨Tip Number 2
Network with professionals in the audit field, particularly those who have experience in Quality Review & Support roles. Engaging with industry peers can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples from your past experiences where you successfully improved audit quality or managed complex audits. Being able to articulate these experiences will showcase your expertise and problem-solving skills.
✨Tip Number 4
Stay updated on BDO’s initiatives and values, particularly their focus on mutual support and agile working. Understanding the company culture will help you align your responses during interviews and show that you are a good fit for their team.
We think you need these skills to ace Audit Quality Review & Support Team Senior Manager - Financial Services
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in audit quality and financial services. Use specific examples that demonstrate your ability to perform targeted reviews and improve audit quality.
Craft a Compelling Cover Letter: In your cover letter, express your keen interest in audit quality and how your background aligns with the responsibilities of the Senior Manager role. Mention your experience with IFRS and your ability to challenge and influence senior individuals.
Showcase Your Communication Skills: Since strong written and oral communication skills are essential for this role, ensure your application materials are clear, concise, and free of errors. Consider including examples of how you've effectively communicated complex audit matters in the past.
Highlight Project Management Experience: Discuss any relevant project management experience you have, particularly in relation to managing audit processes or teams. This will demonstrate your ability to lead and manage projects effectively within the Quality Review & Support team.
How to prepare for a job interview at BDO UK
✨Show Your Passion for Audit Quality
Make sure to express your keen interest in audit quality during the interview. Share specific examples from your past experiences where you have contributed to improving audit processes or outcomes, demonstrating your commitment to high standards.
✨Prepare for Technical Questions
Given the technical nature of the role, be ready to discuss complex auditing issues and your understanding of IFRS. Brush up on recent changes in auditing standards and be prepared to explain how they impact audit quality.
✨Demonstrate Your Leadership Skills
Highlight your experience in leading teams and managing projects. Discuss how you have coached others in the past to achieve high-quality audits and how you can bring that experience to BDO's Quality Review & Support team.
✨Be Ready to Challenge and Innovate
The role requires a mindset of challenge and innovation. Prepare to discuss situations where you have assertively challenged audit procedures or proposed creative solutions to improve audit quality. This will show your proactive approach and ability to think critically.