At a Glance
- Tasks: Lead the audit quality team to enhance and monitor quality initiatives across the practice.
- Company: Join RSM, a diverse firm committed to creating an inclusive environment for all backgrounds.
- Benefits: Enjoy flexible working options and a supportive culture that values your contributions.
- Why this job: Be at the forefront of change in the evolving audit industry and make a real impact.
- Qualifications: Strong auditing skills, leadership experience, and excellent communication abilities are essential.
- Other info: Opportunity to work on innovative quality initiatives and collaborate with various teams.
The predicted salary is between 43200 - 72000 £ per year.
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 would offer you a unique opportunity to help shape and develop practical initiatives to improve audit quality. The role will involve collaboration across the business, including QAD, NATs and the AQCs and will provide you with an insight into various aspects of the audit process. The audit industry is continually evolving but the consistent theme is the increased focus on audit quality.
About the Job:
- Line management of Audit Quality Champions (AQCs) in the consistent delivery of the quality strategy within the service line.
- Involvement in the Quality Response Team meetings and the development of quality proposals for consideration by the Audit Management Board (AMB).
- Regulatory liaison for file reviews/firmwide work and other information requests and projects, supporting the audit teams with the meetings and file review responses and for organizing and monitoring firmwide information requests.
- Root cause analysis reviews and subsequent quality action planning.
- Supporting in the development of supportive coaching plans for RIs where relevant.
- Management of independence reviewer allocations and the management and reporting of authorisations to the AMB.
- Monitoring quality actions and providing status updates to the Head of Audit Quality.
- Further opportunity to work on other quality initiatives as part of the wider audit quality enhancement plan.
Requirements:
- Strong technical auditing and accounting skills, both from a performance and review perspective.
- Experience dealing with regulatory reviews and engagement.
- A proven quality track record/experience.
- Proven leadership skills.
- Outstanding oral and written communication skills with the ability to articulate complex issues in a concise and understandable manner.
- Strong people management skills and confidence in providing feedback and challenging in a constructive and professional way.
- Confidence and a proven track record in project management alongside the adaptability to deal with changes to timelines and plans.
- A strong understanding of proportionality and the ability to make sound decisions about the significance of issues.
- A challenging and sceptical mindset coupled with a high attention to detail.
Diversity and Inclusion at RSM: At RSM, we want to create a strong sense of belonging so that people of all identities, backgrounds, and cultures feel they can bring their true self to work. Our clients come from all walks of life. We aim to achieve that same diversity of background, experience and perspective in our own teams, so that we can genuinely understand our client's needs. Diverse teams bring a broader range of ideas and insights to work. That's why we're working together to ensure our firm's principles and processes support a firm culture that embraces difference and strengthens inclusion. At RSM we work hard to create an environment where our people can make a difference - to themselves, their career, their teams, and to the success of our firm and clients. We support all our people to work flexibly, to manage their family and other responsibilities alongside their work commitments; we believe this is key to achieving an inspiring and fulfilling working environment.
Audit Quality Director employer: RSMUK
Contact Detail:
RSMUK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Quality Director
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in audit quality. This will not only help you understand the current landscape but also demonstrate your commitment to staying updated, which is crucial for the Audit Quality Director role.
✨Tip Number 2
Network with professionals in the audit quality field. Attend industry events or webinars where you can connect with current Audit Quality Champions or leaders in the sector. Building these relationships can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your leadership experiences in detail. Since the role involves managing Audit Quality Champions, be ready to share specific examples of how you've successfully led teams and implemented quality initiatives in previous positions.
✨Tip Number 4
Showcase your problem-solving skills by preparing case studies or examples of past challenges you've faced in audit quality. Highlight how you approached these issues and the outcomes, as this will resonate well with the expectations of the Audit Management Board.
We think you need these skills to ace Audit Quality Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your strong technical auditing and accounting skills, as well as your experience with regulatory reviews. Use specific examples to demonstrate your proven quality track record and leadership skills.
Craft a Compelling Cover Letter: In your cover letter, articulate your understanding of the audit quality landscape and how you can contribute to the development of quality initiatives. Mention your ability to communicate complex issues clearly and your experience in project management.
Showcase Your People Management Skills: Provide examples of how you've successfully managed teams and provided constructive feedback. Highlight your confidence in challenging situations and your ability to foster a collaborative environment.
Demonstrate Your Adaptability: Discuss instances where you've had to adapt to changes in timelines or plans. This will show your potential employer that you can handle the evolving nature of the audit industry while maintaining a high attention to detail.
How to prepare for a job interview at RSMUK
✨Showcase Your Technical Skills
Make sure to highlight your strong technical auditing and accounting skills during the interview. Be prepared to discuss specific examples from your past experiences that demonstrate your ability to perform and review audits effectively.
✨Demonstrate Leadership Experience
As a potential Audit Quality Director, showcasing your proven leadership skills is crucial. Share instances where you successfully managed teams or led initiatives, particularly in quality assurance or audit processes.
✨Communicate Clearly and Concisely
Outstanding oral and written communication skills are essential for this role. Practice articulating complex issues in a straightforward manner, as you may need to explain audit quality concepts to various stakeholders.
✨Prepare for Regulatory Discussions
Since the role involves regulatory liaison, be ready to discuss your experience with regulatory reviews and how you've handled similar situations in the past. This will show your familiarity with compliance and quality standards in the audit industry.