Audit Quality - Regulatory Support Team – Director

BDO

  • London
  • Permanent
  • Full-time
  • 1 month 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 leading them.We’ll broaden your horizonsAs experts on a wide number of issues, our Audit Quality Department (AQD) provides support to our specialists in audit/assurance and other business streams. From being on-hand to help with complex enquiries, to implementing and advising on policy and processes, AQD are the people tasked with finding solutions to some of our teams’ most complex technical issues.As part of this supportive and knowledgeable team, you’ll have a chance to use and develop your technical skills and experience, find solutions to technical queries and contribute daily to the firm’s commitment to deliver high quality output. Learn on the job. Lead and manage projects. Build a network of experienced specialists. Whatever level you are, this could be the role for you.We’ll help you succeedThe work we do is underpinned by quality. We deliver audits which are trusted and transparent which can be relied upon by companies and their stakeholders.You’ll be someone who is comfortable working pro-actively and, managing your own tasks, as well as confident collaborating with others and communicating regularly with Senior Managers, Directors, and BDO’s Partners. You’ll help deliver accurate and transparent reporting to all relevant stakeholders as you provide long term value.This is an opportunity for a talented, high performing and ambitious Director to join the Regulatory Support team in the Audit Quality Department (AQD) in an exciting period. You will report into the Regulatory Support Partner and work closely with other Directors within the Regulatory Support team.We are looking for a highly technical Director to join the regulatory support team. The individual will work with the other directors within the team managing regulatory inspections of individual audit teams. This will involve:
  • Acting as the key contact for the audit team under inspection;
  • Attendance at all meetings with audit teams when the regulator is in attendance;
  • Research and consideration of issues arising to prepare the most appropriate responses to queries raised;
  • Supporting the audit teams to draft their responses, ensuring the accuracy and technical coherence of all responses to regulator queries;
  • Liaison with other internal teams and partners who will consider and contribute to the firm’s responses;
  • Coaching the teams under inspection to support them in the review whilst also learning from the process and challenges raised; and
  • Feeding back issues arising from the inspection on a timely basis to the central support function in order to drive quality improvement.
Other aspects to the role will include:
  • Working closely with Practice Review (cold file reviews) and QRST (hot file review) teams to share knowledge and skills;
  • Act as people manager for members of the Audit Quality Department (AQD);
  • Provide feedback in relation to the issues arising from the AQR reviews; and
  • Supporting on other ad hoc projects to drive consistency in audit quality.
You'll be someone with:
  • ACA or similar professional accountancy qualification
  • Audit experience at Senior Manager/Director level
  • An excellent understanding of auditing standards alongside auditing theory and practice and be able to opine on auditing and accounting issues and discuss the most appropriate responses to questions posed by the regulator
  • Experience of working with, or for, UK or overseas regulators
  • Either recent audit experience at a senior level working on PIE and listed audit engagements or performed an internal role to at least senior manager level on listed and public interest entities.
  • An excellent level of technical knowledge and be highly experienced in practical application
  • The ability to think through complex situations and opine on difficult technical scenarios
  • The ability to communicate clearly and concisely both verbally and in writing; and
  • The ability to converse and challenge senior individuals who are both internal to the firm and members of the regulator.
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.

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