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- Tasks: Join a panel to ensure fair and impartial regulatory hearings for ACCA.
- Company: ACCA is a leading global professional accounting body dedicated to promoting integrity in the profession.
- Benefits: Earn £400 per day, work flexibly from home, and gain valuable experience.
- Why this job: Make a real impact on public interest while enhancing your professional skills in a dynamic environment.
- Qualifications: Must have knowledge of accountancy practices and be proficient in IT systems.
- Other info: Self-employed role with approximately 10-16 days of hearings per year, mainly via Zoom.
The predicted salary is between 4800 - 7680 £ per year.
Nature and scope of the services
Accountant Panel Members, along with the Chair, Lay Panel Member, and Legal Adviser play an integral role in safeguarding the fairness and impartiality of ACCA’s disciplinary and regulatory hearings. The overarching function of an Accountant Panel Member is to contribute to decision-making that enables ACCA to deliver robust, swift, fair and independent regulation in the public interest.
Key deliverables:
- to act in the public interest.
- to attend hearings of the ACCA committees including Interim Orders, Health, Disciplinary, Appeals and Admissions and Licensing Committees.
- pre-read papers and identify issues.
- consider all the information presented to the committee so that it may make a well-reasoned decision, based on the facts and evidence, in accordance with the relevant regulations and legal principles.
- to be involved in discussions with the Lay Panel Member and Chair.
- to ensure clear and robust written reasons for decision are recorded. While the Legal Adviser drafts the reasons, the reasons remain the committee’s reasons and the committee retains editorial control.
- provide current knowledge of a broad variety of professional accountancy practice.
- to ensure that knowledge used in the provision of services to ACCA is maintained to a professional standard.
Specification:
Accountant Panel Members must:
- be aware of and work within the legal framework of ACCA disciplinary and regulatory functions and Rulebook.
- analyse complex information to deliver well-reasoned decisions.
- be proficient in IT systems, such as MS Word, Outlook, SharePoint, and MS Teams.
- understand data security and the importance of maintaining confidentiality at all times.
- be clear and objective in their articulation and drafting of decisions.
- be able to work with others with the confidence to think and act clearly under pressure.
- provide current knowledge of a broad variety of accountancy professional practice.
- act with integrity and discretion.
Service Fees:
- The day sitting fee for an Accountant Panel Member is £400 inclusive of VAT. ACCA operates an electronic invoicing and purchase order system.
Role Overview and Requirements:
- Whilst we particularly welcome applications from auditors, we are keen to attract practising accountants and non-auditors from across a broad range of technical skills.
- Hearings take place throughout the week virtually, normally by Zoom or Microsoft Teams. The dates on which each Panel Member will attend will be agreed provisionally, well in advance, and confirmed as hearings are listed. Accountant Panel Members will be expected to sit approximately 10 to 16 days per year. However, this is indicative only and there is no obligation on ACCA or Accountant Panel Members in respect of the minimum or maximum number of hearings.
Please note that Panel Members are self-employed, for independence purposes and for public interest purposes.
Applications from former ACCA employees and independent members of ACCA Boards and Committees shall not be considered unless a period of six years has elapsed since their employment or contract for services ceased.
Accountant Panel Members will also need to be aware of the role and responsibilities of Legal Advisers in ACCA’s regulatory and disciplinary arrangements. Legal Advisers sit with the committee throughout the hearing process, both when the committee sits in public session and during private deliberations. Legal Advisers are independent of the parties and advise the committee on all legal and procedural matters. Legal Advisers take no part in the decision-making process and their role is to advise only.
For more information and to apply, please visit our website via the apply button below.
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ACCA Accountant Panel Member employer: ACCA
Contact Detail:
ACCA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ACCA Accountant Panel Member
✨Tip Number 1
Familiarise yourself with ACCA's disciplinary and regulatory framework. Understanding the legal principles and regulations that govern the role will not only help you in discussions but also demonstrate your commitment to the position.
✨Tip Number 2
Brush up on your analytical skills. As an Accountant Panel Member, you'll need to analyse complex information and make well-reasoned decisions, so practice breaking down case studies or scenarios to enhance your decision-making abilities.
✨Tip Number 3
Get comfortable with virtual meeting platforms like Zoom and Microsoft Teams. Since hearings are conducted online, being proficient in these tools will ensure you can participate effectively and confidently during discussions.
✨Tip Number 4
Network with current or former Accountant Panel Members if possible. They can provide insights into the role and share experiences that could be invaluable for your preparation and understanding of what to expect.
We think you need these skills to ace ACCA Accountant Panel Member
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an Accountant Panel Member. Familiarise yourself with ACCA's disciplinary and regulatory functions to demonstrate your knowledge in your application.
Tailor Your CV: Highlight relevant experience in accountancy, particularly any roles that involved decision-making or regulatory compliance. Use specific examples to showcase your analytical skills and ability to work under pressure.
Craft a Strong Cover Letter: In your cover letter, express your commitment to acting in the public interest and your understanding of the importance of impartiality in regulatory hearings. Mention your proficiency in IT systems and your ability to articulate decisions clearly.
Proofread Your Application: Ensure that your application is free from errors and clearly written. Given the nature of the role, clarity and precision in your writing are crucial. Consider asking a colleague to review your application before submission.
How to prepare for a job interview at ACCA
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what an Accountant Panel Member does. Familiarise yourself with ACCA's disciplinary and regulatory functions, as well as the specific responsibilities outlined in the job description.
✨Prepare for Scenario-Based Questions
Expect to be asked how you would handle specific situations that may arise during hearings. Think about past experiences where you've had to analyse complex information or make tough decisions, and be ready to discuss these examples.
✨Showcase Your IT Proficiency
Since the role requires proficiency in IT systems like MS Word, Outlook, SharePoint, and MS Teams, be prepared to discuss your experience with these tools. You might even want to mention any relevant projects where you used these applications effectively.
✨Demonstrate Integrity and Discretion
As an Accountant Panel Member, you'll need to act with integrity and maintain confidentiality. Be ready to provide examples of how you've handled sensitive information in the past and why these qualities are important in this role.