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- Tasks: Lead global technical matters in accounting, auditing, and climate change reporting.
- Company: Join a network recognized for its commitment to professional standards and quality management.
- Benefits: Enjoy opportunities for professional development and participation in key conferences.
- Why this job: Make a real impact in the field while collaborating with top professionals globally.
- Qualifications: Strong background in accounting or auditing; leadership experience preferred.
- Other info: Flexibility to work remotely and travel to London for key meetings.
The predicted salary is between 72000 - 108000 £ per year.
As Director Of Professional Standards You Will
- Be recognised by the network’s member firms as the global resource for technical matters related to accounting, auditing and climate change reporting;
- Be the network’s primary representative to external organisations with respect to technical matters in the areas of accounting, auditing and climate change;
- Manage the network’s Quality Management reporting to the RBI Board and the Forum of Firms;
- Report to the CEO;
- Be present at online scheduled team meetings and sometimes physically in London when possible and appropriate;
- Attend the RBI Annual Conference and other conferences as deemed appropriate.
Oversight
The Director of Professional Standards will prepare a business plan on an annual basis outlining major tasks to be accomplished. This will be approved by the CEO (and in discussion with the board).
On a semi-annual basis, the Director will prepare a written report to the CEO outlining progress on each item set out in the business plan.
Role Responsibilities
The business plan should consider the following possible activities for the period. The percentage figures beside each activity is a rough estimate of the annual time allotment.
- To support the Audit Quality Control programme (30-40%) While this will be a fluid activity the core understanding covers the following:
- Reviewing AQC Questionnaires for completeness and follow-up with the firms;
- Review of FPQ returns;
- Provide webinar training for internal inspectors and external reviewers;
- Provide webinar training for new firms and those performing RBI AQ for the first time;
- Evaluate performance, identify matters of concern that require follow-up and initial assessment of reasonableness of Action Plans;
- Decide action on any AQC Questionnaires that are overdue;
- Review visit reports including identification of matters for follow-up and testing of the evaluation made by the reviewer;
- Reporting as necessary to the Chief Executive regarding the overall status of the programme and any specific issues identified;
- Writing letters on the results of the reviews to all firms;
- Participating in visits to agreed locations and performing on-site reviews;
- Prepare reports as necessary for the CEO and RBI Chair including advice on individual firm action plan progress;
- Be prepared to provide extra support for firms with their action plan;
- Assist in RBI reporting to the Forum of Firms;
- Prepare any changes to questionnaires for future AQC programmes especially in relation to the new ISQM standards;
- Recommend changes necessary to AQ process for subsequent year as identified during the year.
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Director Professional Standards employer: Lubbock Fine
Contact Detail:
Lubbock Fine Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director Professional Standards
✨Tip Number 1
Familiarize yourself with the latest developments in accounting, auditing, and climate change reporting. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in these critical areas.
✨Tip Number 2
Network with professionals in the field by attending relevant conferences and webinars. Engaging with industry leaders can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss your experience with quality management reporting and how you've successfully managed similar tasks in the past. Be ready to share specific examples that highlight your leadership and strategic planning skills.
✨Tip Number 4
Showcase your ability to communicate complex technical matters clearly. Practice explaining key concepts in a way that is accessible to various stakeholders, as this will be crucial in your role as a representative to external organizations.
We think you need these skills to ace Director Professional Standards
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and expectations of the Director of Professional Standards position. Familiarize yourself with the key areas such as accounting, auditing, and climate change reporting.
Tailor Your CV: Customize your CV to highlight relevant experience in technical matters related to accounting and auditing. Emphasize any leadership roles or projects that demonstrate your ability to manage quality standards and report effectively.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your passion for the role and how your background aligns with the responsibilities outlined in the job description. Mention specific experiences that showcase your expertise in audit quality control and sustainability reporting.
Prepare for Interviews: If selected for an interview, prepare to discuss your strategic vision for the role. Be ready to provide examples of how you have successfully managed similar responsibilities in the past and how you plan to contribute to the network's goals.
How to prepare for a job interview at Lubbock Fine
✨Showcase Your Technical Expertise
As a candidate for the Director of Professional Standards, it's crucial to demonstrate your deep understanding of accounting, auditing, and climate change reporting. Prepare to discuss specific examples from your past experiences that highlight your technical knowledge and how you've applied it in real-world scenarios.
✨Prepare for Strategic Discussions
Since this role involves preparing business plans and reporting to the CEO, be ready to discuss your strategic thinking and planning skills. Think about how you would approach creating a business plan and what key metrics you would focus on to measure success.
✨Engage with Current Trends
Stay updated on the latest developments in audit quality control and sustainability reporting. Be prepared to discuss recent changes in standards and how they impact the industry. This will show your commitment to continuous learning and your ability to adapt to new challenges.
✨Demonstrate Leadership and Collaboration Skills
This position requires collaboration with various stakeholders, including member firms and external organizations. Share examples of how you've successfully led teams or projects, emphasizing your ability to communicate effectively and build relationships across different levels.
