UKI - PPD Manager/Senior Manager - London

London, UK
Not disclosed
26 Jan 2022
26 Feb 2022
Approved employers
Approved employer
Contract type
Full time
Experience level

Job description

From fast growth businesses to some of the world’s best-known brands, the companies we audit count on reliable financial statements, information, and processes to inform their ongoing strategies. More than ever, our role as auditor is to serve the public interest - we need to deliver sustained audit quality so users of the financial statements can trust the information they receive.

The Opportunity

Our Professional Practice team is vitally important to our quality and growth agendas. By supporting our Engagement teams, we help them deliver high quality services whilst managing the associated risks in line with regulation and guidance. Working in this team will offer valuable experience and significant personal development.

Our many career paths offer a variety of routes within the firm including into leadership positions.

We operate a hybrid working model so approximately 50% of your time would be spent working from home and the rest of the time in one of our EY offices. We welcome applications from those looking for both full and part time work.

It is an exciting time for Managers and Senior Managers to join as audit quality remains the highest priority, strengthened by our continued investment. Our roles can be tailored to suit the exact expertise, interests and experience of individuals and we invite both external and internal candidates to apply.

Areas of interest:

We would like to invite applicants who are keen to explore any/all of the options below:

Auditing standards and regulatory requirements

Focusing on auditing standards and regulatory requirements, you’ll develop your understanding of new standards and requirements as well as creating practical and relevant guidance to enable deployment in the audit practice. This will include:

  • Supporting the roll out of new auditing standards and legislation
  • Providing technical expertise; assisting audit professionals carry out audits of the highest quality
  • Communicating to the audit practice on new developments and guidance

Supporting formal consultations

Working alongside the Partners and Associate Partners, you’ll support formal consultations submitted to the PPD team prior to the audit opinion being issued where these consultations are mandated. This will include:

  • First review of consultations submitted by the audit practice
  • Assessing the consultation documentation considering ISA and Companies Act requirements
  • Discussing and resolving your questions/challenges with the engagement team in a constructive and timely way
  • Making recommendations to the Associate Partner/Partner who completes the consultation sign off

Non-compliance with Laws and Regulations (NOCLAR) reporting

As a firm we have various reporting requirements in order to comply with our obligations in line with the ICAEW Code of Ethics and auditing standards. This role sits within Professional Practice supporting our teams to ensure compliance. You’ll be involved in:

  • First review of NOCLAR submissions and subsequent consultations
  • Logging and documenting the NOCLAR and assisting in designing actions to be taken in response
  • Discussing and resolving questions/challenges with the engagement team in a constructive and timely way
  • Working with the Associate Partner/Partners in the PPD team to conclude on each NOCLAR notification

External audit quality inspections

Critical to our FRC inspection support team, you’ll coordinate the FRC audit engagement reviews supported by technical Senior Managers and Associate Partners. Your role will involve:

  • Coordinating all FRC inspections of the UK firm’s audit practice
  • Identifying and collating themes; feeding these back to the practice
  • Regularly updating various stakeholders in formal reports and through verbal updates
  • Responding to FRC firmwide and thematic review requests, including drafting responses to the regulator

Internal audit quality hot file reviews

Working with audit teams in different offices/clusters, you’ll help them deliver high quality audits. You’ll also work with the engagement teams, performing your review prior to the audit opinion being signed off. Your key tasks will include:

  • Performing a review of the planning, execution, and completion of an audit prior to sign off
  • Discussing and resolving any questions or challenges with the engagement team and escalating with the Professional Practice file review team with a view to timely resolution
  • Concluding and summarising your review and feeding into the identification of themes arising across all hot file reviews

Skills and attributes for success:

The successful candidates will need a genuine enthusiasm for audit quality and a comprehensive knowledge of auditing standards and the regulatory landscape for audit. The following attributes would also be useful:

  • Influence: Create an impact and the ability to influence others to bring them along on the journey
  • Inclusivity: A desire to work with people with a broad range of backgrounds, skill sets, operating styles, and experience
  • Planning skills: Ability to develop effective and realistic plans
  • Communication skills: Excellent communication and negotiation skills and a collaborative approach to management
  • Strong team player: Who is both committed, flexible, responsive to change and seeks diverse input
  • Enthusiasm: Keen to take the initiative and consistently delivers on commitments
  • Creativity:  Ability to offer different points of view or offer alternate suggestions to the norm

To qualify for the role you must have:

  • ACA/CA/ACCA (ICAEW, ICAS, Irish Institute or equivalent international qualification)
  • Extensive experience leading the planning, execution and reporting on external audits
  • Significant experience at Audit Manager level
  • Proven project management skills
  • Excellent communication and negotiation skills and a collaborative approach to management

For further information, and to apply, please visit our website via the “Apply” button below.

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