At a Glance
- Tasks: Review audits from top firms and influence their quality practices.
- Company: Regulatory organisation overseeing audit standards in the UK.
- Benefits: Competitive pay, 30 days leave, generous pension, and hybrid work options.
- Other info: Enjoy a strong work/life balance in a dynamic regulatory environment.
- Why this job: Gain insights into major firms and shape the future of audit quality.
- Qualifications: Professional accountancy qualification and significant audit experience required.
The predicted salary is between 60000 - 75000 £ per year.
Successful candidates will participate in reviews of audits conducted by the Big 4 and other large audit firms, demonstrating their technical experience and personal skills in dealing with senior partners and staff at those firms.
This regulatory organisation is the UK Competent Authority for audit regulation. Their Audit Quality Review team is made up of suitably qualified and skilled staff with previous audit experience, including sector and IT specialists. It undertakes inspections monitoring the quality of Public Interest Entity (PIE) audits, specifically those for UK listed entities.
The role provides an insight into how the major firms operate and how they are responding to current issues in the profession and changes in regulatory requirements. Successful candidates will also have the satisfaction of being able to influence the practices and procedures of the major audit firms to enhance quality.
The successful candidate will:
- Conduct audit file inspections, focusing on larger UK listed entities. File inspections include analysis of audit workpapers, information gathering through informal and formal questioning of the audit team, discussion with the audit firm of potential issues identified, and conclude with final written reporting.
- Conduct inspections of firm-wide procedures at the major audit firms as required and visiting audit firms and reviewing their processes and audit methodologies.
Profile: An accountancy qualification coupled with membership of ICAEW, ACCA, ICAS or ICAI (or equivalent) is required as well as significant experience at least at Audit Senior Manager or above level in the external audit profession, being essential. The ideal candidate will have:
- A professional accountancy qualification (ACA, ACCA, or equivalent).
- Significant post qualification experience in the audits of listed and other public interest entities.
- Strong technical auditing and accounting skills.
- A demonstrable interest in an audit firm's audit quality initiatives.
Job Offer: Competitive remuneration packages, including 30 days annual leave and the ability to buy extra leave. Generous employer pension contribution of 10%. A strong work/life balance ethos. A hybrid working arrangement, with an expectation that 40% of a person's working time will be located at one of the offices per week.
Audit Quality Inspector in London employer: Energy Jobline ZR
As a leading regulatory organisation in the UK, we pride ourselves on being an excellent employer that values professional growth and work-life balance. Our Audit Quality Review team offers a collaborative work culture where employees can influence audit practices while enjoying competitive benefits such as 30 days of annual leave and a generous pension contribution. Located in London, our hybrid working model allows for flexibility, making it an ideal environment for those seeking meaningful and rewarding employment in the audit profession.
