Root Cause Analysis Director

BDO

  • London
  • Permanent
  • Full-time
  • 20 hours ago
Ideas | People | TrustWe’re BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today’s changing world.We work with the companies that are Britain’s economic engine – ambitious, entrepreneurially-spirited and high‑growth businesses that fuel the economy - and directly advise the owners and management teams that lead them.We’ll broaden your horizonsThe Quality and Risk Management Team (QRMT) at BDO comprises several sub-teams including the Legal Team, Enterprise Risk Management, Economic Crime, Quality Management, Ethics and Independence and Advisory and Compliance. It provides Partners and staff with the guidance, tools and support to enable them to identify and manage quality and risk issues. The QRMT is led by the Head of Quality and Risk Management Team, who is a partner who reports into the Head of Quality and Risk for the firm and sits on the BDO Leadership Team.We’ll help you succeedLeading organisations trust us because of the quality of our advice. That quality grows from a thorough understanding of their business, and that understanding comes from working closely with them and building long-lasting relationships.You’ll be someone who is both comfortable working proactively and managing your own tasks, as well as confident collaborating with others and communicating regularly with senior managers, directors, and BDO’s partners to help businesses effectively. You’ll be encouraged to identify and draw attention to opportunities for enhancing our delivery and providing additional services to organisations we work with.Root Cause Analysis (RCA) is a vital part of our commitment to continuous improvement to ensure high quality audits. RCA helps determining quality drivers. It is also a requirement under the International Standard on Quality Management (UK) 1 (ISQM1 (UK) 1), which requires Firms to perform RCA on identified deficiencies in their System of Quality Management (SoQM) to assess their severity and pervasiveness and design effective remediating actions. RCA can play a key role in evaluating findings and driving ongoing, proactive quality management.Led by a partner, a solid RCA programme has been implemented over the last three years. The RCA team is looking for a Director to support the team. .In this challenging and rewarding role you will:
  • Direct a large scale project across multiple areas of expertise.
  • Help the RCA partner raise awareness about the causal factors that impact quality and the best practices. This involves actively sharing insights , highlighting key causal factors, and discussing effective strategies to improve audit quality. By engaging in these activities, you can support the RCA partner in fostering a culture of continuous improvement and excellence within BDO.
  • Develop a deep understanding of the Firm’s processes, controls and methodology that underpin quality and risk management in the Audit Stream and Firm-wide functional areas.
  • Support business owners define and implement more focused and relevant actions for timely remediation of findings and to help evaluating the effectiveness of these actions.
  • Anticipate and communicate changing requirements that will impact planned activities and priorities.
  • Build meaningful relationships with Senior Stakeholders in the Audit Stream and in the Firm’s Central Functions, which will help you to raise your profile in the Firm.
  • Support a high performing team, with different roles and responsibilities, to deliver the project and motivate them to achieve exceptional results.
  • Enhance your presentation and communication skills by preparing and assisting on presenting RCA reports to several Governance bodies.
  • Interacting with the UK Regulators, where relevant.
​You will be someone who:Has practical experience in audit, either as an audit practitioner or within an audit quality function. While experience in root cause analysis is a plus, it's not essential as training will be provided. Is a high performing individual with strong analytical skills and technical audit and accounting agility that have the determination to tackle challenging issues.Possesses a challenging and sceptical mindset to explore and understand the factors behind positive and negative quality outcomes, including behavioural aspects.Can drive creative thinking, connect ideas and insights from other projects into quality initiatives, and role model resilience while maintaining a calm demeanour under pressure.Works well independently and collaboratively as part of a team and that are able to use their own initiative to identify and propose potential solutions.Has strong communications skills, both oral and written, and is confident in engaging with a variety of senior stakeholders.Demonstrates good project management and organisational skills.You’ll be able to be yourself; we’ll recognise and value you for who you are and celebrate and reward your contributions to our business. We’re committed to agile working, and we offer everyone the opportunity to work in ways that suit them, their teams, and the task at hand.At BDO, we’ll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.We’re in it togetherMutual support and respect is one of BDO’s core values and we’re proud of our distinctive, people-centred culture. From informal success conversations to formal mentoring and coaching, we’ll support you at every stage in your career, whatever your personal and professional needs. Our agile working framework helps us stay connected, bringing teams together where and when it counts so they can share ideas and help one another. At BDO, you’ll always have access to the people and resources you need to do your best work.We know that collaboration is the key to creating value and satisfying experiences at work, so we’ve invested in state-of-the-art collaboration spaces in our offices. BDO’s people represent a wealth of knowledge and expertise, and we’ll encourage you to build your network, work alongside others, and share your skills and experiences. With a range of multidisciplinary events and dedicated resources, you’ll never stop learning at BDO.We’re looking forward to the futureAt BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy. Our success is powered by our people, which is why we’re always finding new ways to invest in you. Across the UK thousands of unique minds continue to come together to help companies we work with to achieve their ambitions.We’ve got a clear purpose, and we’re confident in our future, because we’re adapting and evolving to build on our strengths, ensuring we continue to find the right combination of global reach, integrity and expertise. We shape the future together with openness and clarity, because we believe in empowering people to think creatively about how we can do things better.#LI-SS3

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