04 Aug
|
BDO International
|
Australia
04 Aug
BDO International
Australia
About the Role
AAQ is a national team that supports the Audit & Assurance service line in all aspects of audit quality management. It ensures that quality frameworks, policies and procedures are implemented consistently across service lines that conduct assurance engagements.
About the Opportunity
The Director – Assurance Quality will establish and maintain a quality framework for assurance engagements performed outside the Audit & Assurance service line. Working closely with service line leaders, engagement teams and AAQ, the Director will develop deep knowledge of assurance engagements across the firm, provide leadership in the development, implementation and oversight of assurance frameworks, and operate a firm‑wide assurance engagement inspection program.
Key Duties and Responsibilities
- Assurance Methodology and Quality Framework
- Develop and maintain quality frameworks, methodologies, policies, guidance and tools for assurance engagements outside the Audit & Assurance service line.
- Establish consistent quality expectations and engagement performance requirements across assurance service offerings.
- Monitor changes to professional standards, regulatory requirements and industry practices and assess their implications for assurance methodologies.
- Collaborate with service line leadership to embed quality requirements into engagement delivery processes.
- Develop practical templates, guidance materials and resources that promote consistency, scalability and compliance across assurance engagements.
- Facilitate technical consultations on assurance methodology matters and provide guidance on complex engagement issues.
- Assurance Quality Monitoring
- Build and maintain a risk‑based monitoring framework covering assurance engagements across the firm.
- Develop quality indicators and reporting mechanisms to assess engagement quality and identify emerging risks.
- Analyse quality trends, inspection findings and consultation themes to identify areas requiring additional support or intervention.
- Prepare reporting and insights for firm leadership regarding the effectiveness of assurance quality processes.
- Support service lines in responding to regulatory reviews, quality assessments and other assurance‑related inspections where required.
- Engagement Inspection Program
- Design, implement and manage a firm‑wide assurance engagement inspection program.
- Determine inspection scope, selection criteria and review methodologies based on risk assessments and strategic priorities.
- Lead or oversee engagement inspections to evaluate compliance with applicable standards, methodologies and firm policies.
- Communicate inspection findings to engagement teams and service line leadership in a constructive and practical manner.
- Maintain documentation and reporting of inspection outcomes and monitor closure of identified actions.
- Remediation and Continuous Improvement
- Lead root cause analysis activities arising from inspection findings, quality reviews and other monitoring activities.
- Design, implement and monitor remediation plans to address identified deficiencies.
- Evaluate the effectiveness of remedial actions and recommend further improvements where required.
- Promote a culture of continuous improvement across assurance practices.
- Identify opportunities to enhance methodologies, processes and quality management activities.
- Learning and Capability Development
- Partner with service lines and Learning & Development teams to identify assurance capability gaps and quality risks.
- Develop targeted learning programs informed by inspection findings, monitoring activities, technical consultations and emerging assurance risks.
- Design and deliver workshops, webinars, guidance materials and other learning resources.
- Support assurance practitioners in developing technical capability and professional judgement.
- Build communities of practice that encourage knowledge sharing and consistent application of assurance methodologies.
- Stakeholder Engagement
- Develop solid working relationships with leaders across all assurance‑performing service lines.
- Act as a trusted advisor on assurance quality matters and quality management systems.
- Facilitate collaboration between APPD, service line leadership and subject matter specialists.
- Represent the firm in discussions with regulators, industry bodies and professional associations where appropriate.
- Contribute to strategic initiatives aimed at enhancing the firm’s assurance capabilities and reputation.
Qualifications
- Strong background in external audit and assurance from a reputable professional services firm.
- Advanced knowledge of International Standards on Auditing and Assurance.
- CA Qualified or equivalent.
- Experience in audit quality initiatives and activities, including file inspections, regulatory reviews, design and production of resources, and facilitation of learning sessions.
- Ability to build and maintain effective working relationships with stakeholders.
- Well‑developed written and verbal communication skills, with the ability to engage and influence stakeholders effectively.
- Experience developing and implementing strategies aligned with business objectives.
- Demonstrated leadership and people management skills.
Benefits
- Health and wellbeing benefits through the BWell program, including corporate health insurance, gym memberships and wellness facilities.
- Travel perks, retail discounts, employee referral rewards, study allowance and professional development support.
- Leave options with enhanced family support, cultural and religious leave and the ability to purchase additional leave.
- Community engagement opportunities via the BCaring program.
- Strong focus on learning and growth with on‑the‑job training and formal development programs.
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📌 Director - Audit & Assurance Quality (AAQ) (Australia)
🏢 BDO International
📍 Australia