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, strong pension, and hybrid work options.
- Other info: Enjoy a balanced work/life ethos with excellent career development.
- Why this job: Gain insights into major firms and shape audit quality initiatives.
- Qualifications: Professional accountancy qualification and significant audit experience required.
The predicted salary is between 60000 - 80000 € 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) are 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: Michael Page
As a regulatory organisation at the forefront of audit quality, we offer an exceptional work environment for Audit Quality Inspectors, where your expertise will directly influence the practices of major audit firms. With a strong commitment to employee growth, competitive remuneration packages, and a robust work/life balance ethos, our team thrives in a culture that values collaboration and professional development. Located in the UK, our hybrid working model allows for flexibility while ensuring you remain engaged with industry leaders and contribute to enhancing audit quality across the sector.
StudySmarter Expert Advice🤫
We think this is how you could land Audit Quality Inspector in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the audit world, especially those who have experience with the Big 4. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding current audit quality initiatives. We want you to impress those senior partners with your knowledge and passion for enhancing audit practices!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Audit Quality Inspector in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant experience in audit quality and inspections. We want to see how your skills align with the role, so don’t be shy about showcasing your qualifications and past achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about audit quality and how your background makes you a perfect fit for our team. Keep it engaging and personal – we love to see your personality come through!
Showcase Your Technical Skills:Since this role requires strong technical auditing skills, make sure to mention specific tools or methodologies you’ve used in your previous roles. We’re keen to know how you’ve tackled challenges in the past and what you can bring to the table!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Michael Page
✨Know Your Auditing Standards
Brush up on the latest auditing standards and regulations, especially those relevant to Public Interest Entities. Being able to discuss these confidently will show your technical expertise and understanding of the industry.
✨Prepare for Scenario Questions
Expect questions that ask you to describe how you would handle specific audit situations or challenges. Think of examples from your past experience where you successfully navigated similar issues, as this will demonstrate your problem-solving skills.
✨Engage with the Interviewers
Remember, this role involves interacting with senior partners and staff at major firms. Practice your communication skills and be ready to engage in a dialogue during the interview. Show your interest in their audit quality initiatives and ask insightful questions.
✨Highlight Your Experience
Make sure to emphasise your significant post-qualification experience and any specific audits of listed entities you've conducted. Relate your past roles to the responsibilities of the Audit Quality Inspector position to illustrate your fit for the job.
