Audit and Assurance Monitoring Leader

Audit and Assurance Monitoring Leader

Monitor and improve the firm’s compliance with applicable audit and assurance regulatory standards and statutory requirements.

Opportunity

Join our Technical Team within the Risk, Compliance and Professional Standards department, you will lead the firm’s internal monitoring review processes. This varied, dynamic role is an excellent opportunity to shape, promote and maintain the firm’s compliance with audit and assurance standards, regulations, policies, quality and efficiency.

Roles and responsibilities include:

• Development of internal quality monitoring team to perform firm level internal inspections of audit and assurance engagements
• Coordinate and oversee the internal inspection process including selection of engagement, identification of focus areas, maintenance of inspection checklist, and training of inspection team
• Perform the internal quality reviews of high risk engagements
• Perform in flight reviews on high risk audit and assurance engagements
• Perform technical due diligence reviews of firms joining Grant Thornton Ireland network and potential new partners/responsible individuals
• Carry out thematic reviews in areas where improvements or potential concerns are identified
• Contribute to international quality by participating as a reviewer on Grant Thornton International member firm inspections
• Oversee and perform monitoring aspects of the firm’s upcoming new system for quality management under ISQM 1, including gathering and analysing audit quality indicators
• Coordinate and manage the firms external engagement level inspections, including IAASA, CAI, PCAOB
• Coordinate and support engagement teams during Grant Thornton International member firm inspections
• Evaluate and assess the significance of inspection findings, perform root cause analysis, and determine applicable steps to address findings
• Oversee execution of action plans and remediation resulting from internal and external inspection findings Influencing, leading or participating in programs of work to improve audit quality
• Develop and present training related to quality matters focusing on internal monitoring process and external inspections
• Proactively research and respond to changes in applicable standards, including changes to the International Standards on Auditing (ISAs) and the Ethical Standard for Auditors Assist in the methodology considerations of the roll out of data analytics tools to the audit practice with a focus being on quality of audit and assurance engagements
• Provide assistance to the risk and compliance functions as and when required to include preparation for regulatory reviews and assistance with regulatory returns
• Work on one off and recurring projects as and when required

Required skills and attributes include:

• ACA / ACCA (or equivalent) qualified
• Preferably an audit/assurance background with knowledge of quality and risk management within audit firms or advisory background with knowledge of advising clients on control implementation
• Has worked in an audit role for a minimum of 5 years. Experience testing operating effectiveness of controls preferable
• Possesses strong technical knowledge of auditing and auditing standards and regulations
• Excellent project management skills
• Must be highly motivated with an ability to take ownership for themselves and eager to learn;
• Excellent attention to detail;
• Strong communication (both verbal and written) and presentation skills; and
• Excellent team player with an ability to work with cross functional teams

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