ISQM Manager

Job Description

Are you ready for a new challengeDo you want to work in one of the big4 for an amazing projectIf you want the opportunity to do something a bit different, be part of a great team, expand your network and understand a new way of working this could be for you.The Role:International Standard on Quality Management 1 (ISQM1) is a new standard being issued by the IAASB that is currently expected to become effective at the end of 2021. This new standard will require audit and accounting firms to undertake a risk-based assessmentof their system of quality management and focus their attention on risks that may have an impact on engagement quality and the policies, procedures, and controls that need to be in place to address these risks. Unlike extant International Standard on QualityControl.(ISQC1), the new approach requires a firm to customize the design, implementation, and operation of its system of quality management based on the nature and circumstances of the firm and the engagements it performs in an integrated approach that reflectsupon the system as a whole.Responsibilities:Support Project Director and ISQM1 component working for groups with project managementEstablishing and managing project plansIdentifying necessary resourcesMonitoring progress of component working groupsWorking with a large group of stakeholders across the businessplans and oversees the implementation of accountancy systems and policies.prepares financial documents and reports for management, shareholders, statutory or other bodies.Communicating timetables and detailed requirements to relevant partiesEngagement with relevant stakeholders ensuring feedback to and communications with the Global SOQM Working GroupPerforming / supporting the performance of preliminary gap assessment for each componentCompleting / providing assistance with the completion of process narratives and flowchartsDocumenting / reviewing detailed control descriptions and providing input to control design where requiredOrganising Test approachesSkills and Experience:Strong organizational skills and a self-starterGood risk awarenessGood communication and engagement skillsReliable and willing to take responsibility, for themselves and their teamPragmatic (ability to consider both regulatory requirements and needs of the business)Experience of controls (SoX would be an advantage)Likely to have either an analytical, audit, or controls/compliance backgroundAble to work independently and proactively but with appropriate coaching and consultationAble to work flexibly (both in terms of managing time and working with people of different levels of seniority)Does not have to be a subject matter expert in terms of component subject matterDegree or equivalentAccountancy or other post-degree qualificationThat the individuals have audit / Internal audit/ SoX/ Risk or Controls related expertise and have once worked in one of the environmentsThat they can demonstrate controls, Testing, and test of operating effectiveness (which you would have working in Audit/ Internal Audit)Comfortable preparing reports, detailed control descriptions