Audit Manager (ISQM 1)

Audit Manager (ISQM 1)

Full-Time 56700 - 69300 £ / year (est.) Home office (partial)
Grant Thornton UK

At a Glance

  • Tasks: Lead audit quality initiatives and shape the firm's quality management system.
  • Company: Grant Thornton, a forward-thinking firm with a focus on growth and positive change.
  • Benefits: Flexible working options, inclusive culture, and opportunities for personal development.
  • Other info: Join a diverse team that values your unique contributions and supports your passions.
  • Why this job: Make a real impact on audit quality while enjoying work-life balance.
  • Qualifications: Professional qualification in Audit with leadership experience.

The predicted salary is between 56700 - 69300 £ per year.

Alternatively, Grant Thornton At Grant Thornton we do things differently - looking to the future, driving ambitious growth and pioneering positive change in our industry.

Providing audit, tax and advisory services, we empower clients through strategic insight, curiosity, and genuine partnership.

And we empower our people with real opportunity, an inclusive culture and work life balance.

A true alternative.

With over 5,000 people in the UK, and a presence in 150 global markets, we're on an ambitious journey, from great to exceptional, and we need the best people to help us achieve our potential.

And with that comes the opportunity to help redefine what our industry looks like, and what you want from your career.

Job Description

Are you an experienced auditor looking to move into a role that shapes how quality is embedded across an entire firm, rather than a single engagement?

If so, here's what it's like working in Audit Quality at Grant Thornton.

Our Audit Quality team supports the design, implementation and operation of the firm's System of Quality Management (So QM), in line with ISQM (UK) 1.

Working closely with the Audit Director and the wider audit practice, the team embeds a strong quality culture, runs monitoring activity, and keeps the firm's quality documentation current and audit ready.

We're looking for a Manager to take ownership of key parts of the So QM, working closely with the Audit Director and leading an Assistant Manager.

You'll drive monitoring and remediation activity, support regulator facing conversations, and play a genuine role in shaping how audit quality is embedded across the firm.

We're happy to talk flexible working and consider reduced hours and job shares, we'll support you to balance your work and life.

  • A look into the role
  • Own the ongoing operation of the firm's System of Quality Management in line with ISQM (UK) 1, working closely with the Audit Director
  • Lead the embedding of a culture of audit quality across the practice, designing and delivering communication and training initiatives
  • Lead the development and maintenance of quality objectives, risk assessments and responses across the components of the So QM
  • Design and lead monitoring activity, including testing and root cause analysis, directing remediation actions through to resolution
  • Take ownership of documentation evidencing the design, implementation and operation of the So QM
  • Act as the technical point of contact for audit teams on quality management processes and ISQM (UK) 1 compliance
  • Lead engagement with internal stakeholders and support regulator facing activity where required
  • Lead preparation for internal and external quality reviews and inspections, coordinating evidence and responses across teams
  • Shape firm policies, methodologies and tools that support audit quality, and lead continuous improvement initiatives
  • Review and finalise reports and analysis for senior leadership, summarising monitoring outcomes and remediation progress
  • Coach and develop an Assistant Manager, providing on-the-job guidance and supporting their development
  • Knowing you're right for us

Joining us as a Manager, the minimum criteria you'll need is a professional qualification (ACA / ACCA or equivalent), with solid post-qualification experience in Audit or Internal Audit and a track record of leading initiatives with a good degree of autonomy.

It would be great if you had some of the following skills, but don't worry if you don't tick every box, we'll help you develop along the way.

  • Proven ability to work effectively with a range of senior stakeholders and lead cross-functional initiatives
  • Strong written and verbal communication skills, with the ability to present complex information clearly and concisely
  • Organised and analytical approach, with strong attention to detail and a focus on continuous improvement
  • Experience managing or coaching junior team members
  • Good working knowledge of ISQM (UK) 1 and UK auditing standards
  • Good technical knowledge of UK GAAP, IFRS and ethical standards
  • Experience engaging directly with regulators or quality review bodies
  • Knowing we're right for you

Embracing uniqueness, the culture at Grant Thornton thrives on the contributions of all our people, we never settle for what is easy, we look beyond to deliver the right thing, for everyone.

Building an inclusive culture, where we value difference and respect our colleagues, helps our people to perform at the best of their ability and realise their potential.

Our open and accessible culture means you'll interact with leaders who are interested in you and everything you bring to our firm.

The things that set you apart, we value them.

That's why we give you the freedom to bring your whole self to work and pursue your passions inside and outside of work.

Beyond the job Life is more than work.

The things you do, and the people you're with outside of work matter, that's why we're happy to look at flexible working options for all our roles, and we'll always do our best to keep your work and life in balance.

The impact you can make here will go far beyond your day job.

From secondments, to fundraising for local charities, or investing in entrepreneurs in the developing world, you'll be giving back to society.

It's that drive to do the right thing that runs through our every move, grounded in our firm's values – purposefully driven, actively curious and candid but kind.

We're looking for people who want to contribute, spark fresh ideas and go beyond expectations.

People who want to be able to proudly do what's right, for the firm, our clients, our people and themselves.

It's how it should be.

The things you do, and the people you're with outside of work matter, that's why we're happy to look at flexible working options for all our roles, and we'll always do our best to keep your work and life in balance.

Whether that's working reduced contracted hours, working your hours over a shorter period or utilising our 'how we work' framework.

Everyone has an immediate right to request a flexible arrangement through our flexible working policy.

Read more about our approach to flexible working.

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Audit Manager (ISQM 1) employer: Grant Thornton UK

Grant Thornton (UK) is an exceptional employer that prioritises employee well-being and professional growth, offering flexible working arrangements and a range of family-friendly benefits. With a strong focus on a cloud-first strategy and a collaborative work culture, employees are empowered to lead innovative projects while enjoying a supportive environment that fosters career development.

Grant Thornton UK

Contact Details:

Grant Thornton UK Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Audit Manager (ISQM 1)

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Grant Thornton UK. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Audit Manager (ISQM 1)

ISQM (UK) 1 Compliance
Audit Quality Management
Stakeholder Engagement
Communication Skills
Analytical Skills
Attention to Detail
Coaching and Development

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Grant Thornton UK.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Grant Thornton UK's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Grant Thornton UK

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Grant Thornton UK.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Grant Thornton UK will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Grant Thornton UK employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.