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Senior Manager - Audit Methodology - Financial Services – Insurance

Senior Manager - Audit Methodology - Financial Services – Insurance

Ideas | People | Trust

We’re BDO. An accountancy and business advisory firm, providing the advice and solutions businesses need to navigate today’s changing world.

We’ll broaden your horizons

As experts on a wide number of issues, our Technical Standards Group (TSG) provides support to our client-facing specialists in audit/assurance and other business streams. From being on-hand to help with complex enquiries, to implementing and advising on policy and processes, TSG are the people tasked with finding solutions to some of our teams’ most complex technical issues. As part of this supportive and knowledgeable team, you’ll have a chance to use and develop your technical skills and experience, find solutions to technical queries and contribute daily to the firm’s commitment to deliver high quality output. Learn on the job. Lead and manage projects. Build a network of experienced specialists. Whatever level you are, this could be the role for you.

Our continued commitment to audit quality

Within the last year, we have increased our audit headcount by more than 250 people (14%), invested heavily in new partners, and commenced a significant investment programme in our central quality support team, including our Technical Standards Group (TSG). Due to this continued investment, we are recruiting for Senior Managers within this team

We’ll help you to succeed

We’ll help you to succeed

We are seeking to recruit a Senior Manager to join the Audit team within our Technical Standards Group supporting the audit practice.

The successful candidate will have significant experience in audit, in managing an audit and audit-related projects, with exemplary technical skills regarding auditing standards and their practical application including experience in audit reporting matters. The role will be primarily based in the Baker Street Office in London although some visits to other offices may also be required. We can offer alternative base office locations of Manchester and Birmingham.

The role is focused on the Insurance sector and involves development of audit methodology for audit of insurance entities under current accounting standards as well as IFRS 17.

Responsibilities: Audit Methodology

As part of the Audit team, providing advice and ensuring compliance with ISAs and the firm’s audit methodology including:

  • Enhancements to the audit methodology and creation of methodologies in line with the firm’s methodology and industry developments in evolving areas
  • Responding to audit methodology queries from audit staff at all levels (email, telephone or in person)
  • Sharing industry developments with audit partners and directors
  • Ensuring that insurance audit methodology remains in line with best practice and the expectations of clients and the FRC
  • Ad hoc methodology related assignments
  • Writing and updating guidance material
  • Development and delivery of audit methodology training content
  • Provision of support for the development and delivery of ‘group learning sessions’ which are led by partners and managers in the audit stream
  • Carrying out targeted file reviews to identify areas of best practice and areas requiring further audit guidance

General

The successful candidate will have responsibilities for forward looking and pre-emptive consideration of upcoming developments and business needs identified in relation to auditor reporting and audit methodology. The successful candidate will have responsibilities for working on specific projects intended to result in new or enhanced guidance, training, and other materials for dissemination to the audit stream.

Requirements:

The successful candidate will have proven audit experience as well as an ability to communicate with partners and staff at all levels.

Qualifications and technical knowledge

  • ACA or similar professional accountancy qualification
  • Considers themselves an expert with regards to the UK auditing standards
  • Significant practical insurance audit experience

Skills

  • Ability to work both independently and collaboratively as part of a small team and able to use own initiative
  • Ability to think outside the box and pioneer in using existing methodology and best practice to independently develop methodology for current and future business models
  • Wide-ranging practical experience regarding application of ISAs and audit methodology is essential; experience in IT auditing techniques would be an added advantage
  • High attention to detail
  • Experience of training design, development, and delivery
  • Strong problem-solving skills
  • Takes personal responsibility and accountability for own work 
  • As this role will involve training and coaching peers and will involve reviews of audit files, experience as audit manager is essential

We’re looking forward to the future

At BDO, we’re big enough to make the difference and collaborative enough to never lose sight of where we’re going. We know that it’s our people that make our success possible. Across our 17 UK locations, more than 6,000 of them work together to provide tax, audit, assurance and a range of advisory services that help our clients achieve their ambitious goals. Together, they’re fuelling Britain’s economic engine. Behind every complex client challenge and every untapped innovation, they’re there: ensuring we continue to find the right combination of global reach, integrity and expertise. That’s why we’re always looking for ways to invest in our people. That means providing them with an environment where they can grow, learn, laugh and feel respected, at all times.

Are you ready to join them?

Apply now

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