Assurance - Audit Quality Support Team - Senior Manager - FinancialServices-London

Assurance - Audit Quality Support Team - Senior Manager - FinancialServices-London

Full-Time 54000 - 66000 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Lead audit quality reviews and coach teams to enhance audit standards.
  • Company: Join EY, a global leader in assurance and professional services.
  • Benefits: Flexible work environment, career growth, and diverse team culture.
  • Other info: Dynamic role with opportunities for innovation and collaboration.
  • Why this job: Make a real impact on audit quality and client success.
  • Qualifications: Must have ACA/CA/ACCA and significant audit experience.

The predicted salary is between 54000 - 66000 £ per year.

Our FS Audit Quality Team (AQT) plays a vital role in supporting our Audit Quality Strategy, providing enablement to the audit practice and collaboration across the UKI Super Region. As an AQT experienced Senior Manager you will:

  • Lead Insurance AQST (Audit Quality Support Team) reviews working as an integral part of complex and challenging audits throughout the audit process, through coaching and reviewing to promote consistent high-quality audits.
  • Collaborate with PPD and the Insurance audit practice on standardisation activities, including the deployment of the Future of Audit. Now (FOAN) programme and effective involvement of actuarial specialists.

Your key responsibilities:

  • Everything you'll do will come back to providing exceptional audit quality for our clients and the public interest.
  • Colleagues from a diverse array of backgrounds will look to you first for answers, so you'll be a key contact when it comes to resolving complex issues.
  • As you build your knowledge and experience, you'll become a credible advisor, influencing engagement teams on resolutions that will impact entire industries.
  • You will be responsible for one or more of the activities below:
  • Work closely with engagement teams to drive high audit quality outcomes, including:
    • Performing reviews to help engagement teams elevate their audit quality, including:
      • Risk-based scoping through engagement with the audit team
      • Challenging the effectiveness and articulation of the audit strategy
      • Reviewing the audit work and identifying areas for improvement
      • Supporting and coaching engagement teams to implement identified improvements in audit quality
  • Reporting the status and results of reviews to the UK FS Audit Quality leader and FS Business Unit Leaders
  • Identifying issues and concerns that may require firm-wide action
  • Supporting the FS AQT and engagement teams during internal and external inspections
  • Ensuring that inspection findings are disseminated to teams in a timely manner through our coaching programmes
  • Assist with the deployment of other UK FS quality initiatives, such as supporting the implementation of FOAN.
  • Lead and support insurance audit standardisation, driving consistent approaches, templates, tools and ways of working, including implementation of FOAN and coordination with actuarial teams and specialists to embed actuarial involvement at the appropriate stages of the audit.
  • Contribute to the development of training and guidance.
  • Flexible scope and time commitment - There is flexibility over both the time commitment and how the role is split across its responsibilities. Depending on experience, availability and business priorities, the successful candidate may take on the full portfolio or focus on one or more defined areas - for example, insurance standardisation only, AQST leadership and review only, or an agreed combination of these responsibilities.

    To qualify for the role you must have:

    • ACA/ CA/ ACCA (ICAEW, ICAS, Irish Institute or equivalent international qualification)
    • Strong project management and technical auditing skills
    • Significant experience with large public interest and complex audits, through senior manager level
    • Strong focus on and passion for audit quality and coaching teams

    Ideally, you'll also have:

    • Experience in an FS environment, particularly insurance, and/or within a Big 4 professional services firm.

    We're interested in an audit senior manager who wants to contribute with a genuine creative vision and the confidence to make it happen. You can expect plenty of autonomy in this role, so you'll also need the ability to take the initiative and seek out opportunities to improve our current relationships and processes.

    If you're serious about auditing and ready to take on some of our clients' most complex issues, this role is for you. At EY, we're all in to shape your future with confidence. We'll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

    Join EY and help to build a better working world. The opportunity in Assurance at EY empowers you to thrive in a dynamic and inclusive environment. As a key player in our assurance practice, you'll engage with diverse clients, providing critical insights that drive their success.

    We offer a wealth of career opportunities, from hands-on experience with cutting-edge technologies to tailored professional development programs. Our culture fosters collaboration, innovation, and a commitment to excellence, ensuring that every team member feels valued and inspired to reach their full potential.

    Discover your future with us and be part of a team that makes a difference! At EY, we'll develop you with future-focused skills and equip you with world-class experiences. We'll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

    Assurance - Audit Quality Support Team - Senior Manager - FinancialServices-London employer: Ernst & Young

    EY is an exceptional employer, offering a dynamic and inclusive work culture that prioritises employee growth and development. With a commitment to flexible working arrangements and a comprehensive Total Rewards package, employees can tailor their benefits to suit their needs while contributing to cutting-edge cyber security solutions in a rapidly expanding global practice. Join us in London, Manchester, or Scotland, and be part of a team that values collaboration, innovation, and making a meaningful impact in the world of cyber security.

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    Contact Details:

    Ernst & Young Recruitment Team

    StudySmarter Expert Advice🤫

    We think this is how you could land Assurance - Audit Quality Support Team - Senior Manager - FinancialServices-London

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    We think you need these skills to ace Assurance - Audit Quality Support Team - Senior Manager - FinancialServices-London

    Audit Quality Assurance
    Coaching Skills
    Risk-Based Scoping
    Audit Strategy Development
    Review and Improvement Identification
    Communication Skills
    Project Management

    Some tips for your application 🫡

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    How to prepare for a job interview at Ernst & Young

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