Risk Manager/Lead

General Description

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.
Audit quality is central to our strategy as an Audit Stream, the key ingredient to our success. Consistent high audit quality enables us to attract, develop and retain talented people and be proud of our work. Audit quality allows us to compete in the market and demonstrate that we can play a key role in market reform.
Consistently high audit quality does not happen by chance. It requires a mindset and culture of challenge and professional scepticism, appropriate resources both people and intellectual, investment in central support for engagement teams and technology solutions. Within the last year we have increased our headcount significantly, invested in new partners, and commenced a significant investment programme in our central quality support team.
We’ll help you succeed
The 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 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 Audit Stream Risk Management (ASRM) team in the Audit Quality Department (AQD) in an exciting period. The Audit Stream Risk Management team is a growing team and provides support to audit teams when audit risk and contractual issues emerge on audit engagements. You will advise the audit team in resolving the issue to enable them to manage any reputational risks and consistently deliver high quality audits. As part of this supportive and knowledgeable team, you’ll have a chance to use and develop your technical skills to solve complex audit risk and contractual issues and contribute to the delivery of high quality audits.
Lead in resolving complex audit stream risk issues that emerge, ensuring a detailed review of audit files is performed, when required, by the senior managers in the team to establish the nature and extent of the risk bringing in specialist support from the wider AQD team as required.
Proactively identify wider risk issues and prevent such risks from crystalising by implementing policies, guidance and training to the audit stream.
Support the ASRM partner on reviewing and monitoring the highest risk audit engagements, known as the Close Monitored List.
Provide oversight to the ASRM team on other audit risks and contractual matters arising from the Audit Stream and ensuring they are satisfactorily resolved.
Lead on projects to ensure that all processes and controls related to audit stream risk management are correctly implemented to support a System of Quality Management, ensuring that any remediation points are addressed.
Support RIs experiencing a challenging inspection or regulatory process.
Contribute to audit quality initiatives led by the wider Audit Quality Improvement Team.
ACA or equivalent qualification with a background in Audit, Methodology or Regulatory oversight
Recent experience at Senior Manager or Director level on PIE and listed audits or similar file review experience
Strong technical audit expertise with the ability to identify wider risks
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.
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. 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. At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy. Across the UK thousands of unique minds continue to come together to help companies we work with to achieve their ambitions.