My Client is a top 20 Practice firm, and they are looking for a Compliance Manager or Senior Manager to joint their growing team.
Responsibilities
The Compliance Manager/Senior Manager plays a vital role in the Firm's System of Quality Management (SOQM), supporting individuals within the SOQM and the Professional Standards Committee (PSC). This role involves enhancing quality monitoring processes related to regulatory matters, ensuring the Firm's SOQM remains compliant and effective.
Key Duties:
- Addressing firm-wide regulatory requirements, including audit, practice assurance, and other regulatory matters.
- Collaborating effectively within the department and across the Firm, liaising with senior partners, staff, network members, and regulatory bodies.
- Researching, drafting, and responding to compliance queries, including audit registrations, regulatory returns, standards, and quality management policies.
- Supporting and advising the Firm's compliance partners.
Training & Guidance:
- Preparing and presenting compliance-related training sessions.
- Developing and distributing compliance materials and guidance.
- Updating and maintaining compliance content on the Firm's intranet.
System of Quality Management:
- Monitoring quality risks and responses for the Firm's SOQM.
- Reporting findings and recommending changes to policies, procedures, quality risks, and responses.
- Conducting root cause analysis for identified deficiencies and overseeing remedial actions.
- Managing the ISQM 1 remedial actions and monitoring activities.
- Maintaining the Firm's ISQM 1 registers and documents.
- Organizing internal reviews, practice assurance reviews, and non-audit regulatory inspections.
Person Specification
- Professional accountancy qualification (e.g., ICAEW, ACCA) with at least 3 years post-qualification experience for Senior Manager / 1-year for Manager.
- Strong knowledge of UK legislation and regulations, including Companies Act 2006, Audit Regulations, QAD, AQR, UK GAAP, IFRS, ISAs, ISQMs, FRC's Revised Ethical Standard, and ICAEW
- Proficiency in Microsoft Office and other applications (Excel, Word, PowerPoint, SharePoint).
Experience:
- Working in audit practice or a similar compliance role.
- Writing and delivering guidance and training materials.
- Working independently and as part of a team.
- Interpreting and applying regulations and standards practically.
- Handling complex issues and drawing evidence-based conclusions.
- Clear and concise verbal and written communication.
- Strong organizational and presentation skills