Senior Audit Advisor - London, United Kingdom - Pro-Finance Recruitment Group

Pro-Finance Recruitment Group

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Senior Audit Advisor
London/Hybrid
£95,823.75

My client who are a regulator, are the independent disciplinary body for the accountancy and actuarial professions in the UK, and also undertakes professional disciplinary investigations and enforcement action in cases involving accountants, accountancy firmsand actuaries which raise important issues affecting the public interest in the UK.

Many of the investigations, regulators are large, complex, and high-profile and our cases regularly require liaison with other investigators and bodies.

The Role:

This is an important advisory role, which helps to support delivery of the Enforcement Division's objectives.

The Senior Audit Advisor will help to ensure that investigations and enforcement action are conducted efficiently, effectively and to the highest standard.

The Senior Audit Advisor will provide audit expertise to support the Enforcement Division's casework and case strategy in complex and often high-profile investigations under the Audit Enforcement Procedure and Accountancy Scheme.

The role will involve advisingacross a portfolio of investigations and enforcement proceedings handled by multi-disciplinary teams of forensic accountants, lawyers, and legal assistants.

The role includes:

Assisting in identifying issues of potential noncompliance with the regulatory framework, including Auditing, Ethical and Quality Control Standards and Audit Regulations
Assisting investigation case teams to determine key focus areas at commencement of an investigation
Liaising with forensic accountants and lawyers during the investigation and advising on any change in focus or additional lines of enquiry
Reviewing sections of complex audit files and aspects of firmwide policies and procedures as necessary
Drafting reports/advisory memoranda for case teams or external advisors as required to explain complex accounting or auditing issues
Advising case teams on the seriousness/significance of breaches identified
Assessing the reasonableness of judgements made by fellow audit professionals on cases under investigation
Advising case teams of issues requiring external expertise
Considering the external expert's initial conclusions and providing insight on possible areas for clarification or expansion
Helping investigations to progress in a fair and professional manner

The Person:

Strong technical auditing and accounting skills
Strong written and oral communication skills, including drafting reports/memoranda on individual investigations to be used by internal case teams and external advisors
Ability to explain complex accounting and auditing concepts in an easily comprehensible manner to a nonaccounting audience
Capable of working with mínimal supervision and taking sole responsibility for the accuracy and quality of the work product
Effective project and time management skills to complete assignments within the timetable set and meet a complex series of deadlines for the different stages of an investigation
Ability to provide valuable and timely input into drafting precise and challenging questions for audit team members, for either written or oral questioning
Good understanding of the requirements of a regulatory or disciplinary process including a thorough understanding of the difference between the requirements of audit and investigation

Previous experience working with, or acting for, a regulator or disciplinary body would be an advantage.
This is a great time to join this organisation as they transform to a new body.

You will enjoy a very generous benefits package, and strong work/life balance as well as working with experts in the public interest.

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