Audit Quality Manager – Impairment /Hot Review – London or Northwest Based in Bolton

Audit Quality Manager – Impairment /Hot Review – London or Northwest Based in Bolton

Bolton Full-Time 43200 - 72000 £ / year (est.) No working from home possible
Copenhagen Review Of Communication

At a Glance

  • Tasks: Lead impairment audits and support audit teams with guidance and training.
  • Company: Join a leading firm dedicated to maintaining high audit quality standards.
  • Benefits: Enjoy flexible working options and opportunities for professional development.
  • Other info: Ideal for those passionate about audit quality and eager to influence change.
  • Why this job: Make a real impact on audit quality while growing your expertise in a supportive environment.
  • Qualifications: 3+ years in UK auditing, ACA/CA/ACCA qualified, with strong knowledge of UK standards.

The predicted salary is between 43200 - 72000 £ per year.

Our client’s impairment team forms part of their audit quality support team which delivers the foundations for audit quality in the form of methodology, policies, reviews, coaching support, procedures, templates, guidance, and training. This team plays a vital role in supporting the audit practice. It forms part of the firm's system of quality management; is responsible for designing methodologies and tools that ensure compliance with auditing and ethical standards and other requirements applicable to audit and assurance engagements; and supports the audit service line in its delivery of engagements that comply with the firm's methodology, risk management policies and procedures.

The role:

  • Act as a subject matter expert in relation to the audit of impairment of non-current assets.
  • Lead on, or support, the delivery of impairment audits, including updates to audit guidance, tools, templates, and training relevant to impairment of non-current assets.
  • Respond to consultations from the audit service line.
  • Keep up to date with audit and assurance developments to consider how the firm can best adapt proactively to changes on the horizon.

What are they looking for?

  • At least 3 years' experience working in the United Kingdom (preferably with Big 4 audit firms).
  • ACA / CA / ACCA (or equivalent) qualification.
  • A passion for audit quality and helping audit teams to develop their knowledge and audit and assurance skills.
  • Strong practical and theoretical knowledge of UK auditing, ethical, and accounting standards, including IFRS, FRS 102 and a good knowledge of applying IAS 36 and Section 27 of FRS 102.
  • Operating at a manager/assistant manager level within a similar role or in external audit.
  • Ability to work independently, manage multiple work commitments, and to meet targets and deadlines.
  • Experience of managing audit teams and project management (specifically in relation to managing the process on auditing impairment of non-current assets).
  • Ability and willingness to challenge and influence more senior individuals and peers.

Audit Quality Manager – Impairment /Hot Review – London or Northwest Based in Bolton employer: Copenhagen Review Of Communication

As an Audit Quality Manager with our client, you will be part of a dynamic team dedicated to upholding the highest standards of audit quality in London or the Northwest. The company fosters a collaborative work culture that prioritises professional development, offering extensive training and mentorship opportunities to enhance your skills in audit and assurance. With a commitment to innovation and compliance, this role not only allows you to make a meaningful impact on audit practices but also positions you within a supportive environment that values your expertise and growth.

Copenhagen Review Of Communication

Contact Details:

Copenhagen Review Of Communication Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Audit Quality Manager – Impairment /Hot Review – London or Northwest Based in Bolton

Tip Number 1

Network with professionals in the audit field, especially those who have experience with impairment audits. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in audit quality.

Tip Number 2

Stay updated on the latest developments in UK auditing standards, particularly IFRS and FRS 102. This knowledge will not only enhance your expertise but also demonstrate your commitment to maintaining high audit quality.

Tip Number 3

Consider reaching out to current or former employees of the firm you're applying to. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach during interviews.

Tip Number 4

Prepare to discuss specific examples from your past experience where you've successfully managed audit teams or projects related to impairment audits. Highlighting your practical experience will set you apart as a strong candidate for this role.

We think you need these skills to ace Audit Quality Manager – Impairment /Hot Review – London or Northwest Based in Bolton

Subject Matter Expertise in Impairment Audits
Strong Knowledge of UK Auditing Standards
Understanding of IFRS and FRS 102
Proficiency in IAS 36 and Section 27 of FRS 102
Experience with Audit Methodologies and Tools
Coaching and Training Skills
Project Management Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your relevant experience in audit quality and impairment audits. Emphasise your qualifications, such as ACA, CA, or ACCA, and any specific projects that demonstrate your expertise in UK auditing standards.

Craft a Compelling Cover Letter:Write a cover letter that showcases your passion for audit quality and your ability to support audit teams. Mention your experience with Big 4 firms and how it aligns with the role's requirements, particularly in relation to managing audit teams and project management.

Showcase Your Knowledge:In your application, reference your strong understanding of IFRS, FRS 102, IAS 36, and Section 27 of FRS 102. Provide examples of how you've applied this knowledge in previous roles to enhance audit quality.

Highlight Leadership Skills:Demonstrate your ability to lead and influence others by providing examples of how you've managed audit teams or projects. Discuss any training or coaching you've provided to colleagues, showcasing your commitment to developing audit skills within teams.

How to prepare for a job interview at Copenhagen Review Of Communication

Showcase Your Expertise

Make sure to highlight your experience with impairment audits and your understanding of relevant standards like IAS 36 and FRS 102. Prepare specific examples from your past work that demonstrate your subject matter expertise.

Demonstrate Passion for Audit Quality

Express your enthusiasm for audit quality and how you have contributed to improving it in previous roles. Discuss any initiatives you've led or participated in that enhanced audit practices or team knowledge.

Prepare for Technical Questions

Expect technical questions related to UK auditing standards and ethical guidelines. Brush up on the latest developments in audit and assurance to show that you are proactive and well-informed.

Exhibit Leadership Skills

Be ready to discuss your experience in managing audit teams and projects. Share examples of how you've successfully led teams, managed multiple commitments, and met deadlines while maintaining high-quality standards.