Job Description
About the Role
Hire Resolve, a reputable Audit firm, is seeking an experienced Audit Quality Manager to join their team in Johannesburg. The purpose of this role is to establish, facilitate implementation, maintain and where necessary improve quality management for all key audit processes at firm level as well as individual audits.
Key Responsibilities
- Assist with the development and implementation of quality management policies and procedures in the operations of the firm to ensure compliance with the relevant auditing standards.
- Co-ordinate and implement a pro-active Quality Management review support program that actively responds to risks and ensures quality on firm audits before issuance of audit reports.
- Perform pro-active reviews on a number of high profile and significant risk engagements
- Update and maintain the QM monitoring policy and related procedures in accordance with relevant changes in International Standards on Auditing and firm policies.
- Provide comment to auditors and top management in respect of the appropriateness of implemented remedial actions and monitor adherence to corrective action plans.
- Monitoring of the pre issuance review process on audits.
- Participate in initiatives to improve the effectiveness of the pre-issuance review processes and its ability to significantly improve the firms overall quality.
- Provide ongoing and closer support to pre-issuance reviewers on consistency, risks and quality issues that need to be addressed during pre-issuance review process.
- Participate in any other pro-active strategic initiatives to drive the improvement in audit quality before the issuance of audit reports.
- Ongoing monitoring of the quality management process including post issuance reviews.
- Perform monitoring of quality management compliance in accordance with the monitoring requirements of the International Standards on Quality Control)/ International Standards of Quality Management (ISQM1) and specific requirements as determined by the firm.
- Work with the Training and Compliance manager to maintain the quality management document guide.
- Maintain firm AFS and audit templates.
- Engage in continuous research ISA, IFRS and IFRS for SMEs to ensure compliance with all standards and remain abreast of new developments.
- Provide QM related technical advice and guidance to top management and auditors in respect of engagement performance and associated processes.
- Create training material and deliver training relating to auditing, accounting, tax, ethics, quality and risk management.
- Draft IRBA reports and correspondence.
- Perform and/or manage other projects, tasks and assignments not stipulated on the job description as and when required.
- Responsible for the completion of monitoring meetings pertaining to the selection of files for monitoring, update the cyclical plan for selection. Annual general policy statement and acceptance of responsibility for quality management.
- Conduct all processes and procedures relating to monitoring.
- Ensure that sign off of compliance registers is completed annually.
- Ensure that all staff have completed and submitted Annual Ethics and Independence Declarations.
- Develop and maintain a CaseWare FAQ document.
- Responsible for oversight of archiving and destruction of engagement files and maintenance of archiving and destruction list.
Requirements
- Registered CA(SA) advantageous
- Practical experience in Quality Management reviews will be an added advantage
- Deep technical knowledge of IFRS, IFRS for SMEs and ISAs
- Well versed with the IRBA and SAICA codes and regulations
- Sound industry and business knowledge
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Auditing Jobs in Gauteng
In Gauteng, South Africa, the auditing industry is generally thriving, with a high demand for skilled professionals to ensure financial accuracy and compliance. The sector is often influenced by economic trends, such as growth in industries like finance, technology, and manufacturing, which can create opportunities for auditors. As a result, job seekers in this field can expect a competitive market with a range of career options.
Typically, auditors in Gauteng can expect to earn salaries ranging from R400 000 to R700 000 per annum, although these figures can vary widely depending on factors such as experience, company size, and industry sector. For example, senior-level auditors or those working in large corporations may command higher salaries, while entry-level positions or smaller firms may offer more modest compensation. It’s essential to note that these are broad estimates, and actual salaries can differ significantly based on individual circumstances.
Common skills for auditing professionals in Gauteng include technical knowledge of accounting standards, analytical and problem-solving abilities, effective communication and interpersonal skills, attention to detail, and the ability to work under pressure. Other important skills often required for this role include proficiency in software applications such as Excel, Access, or ERP systems, and a strong understanding of financial reporting and regulatory requirements.
The auditing industry is commonly found in sectors like financial services, technology, manufacturing, and public sector organisations. These industries often require auditors to ensure compliance with laws and regulations, manage financial risks, and provide assurance on financial statements. Other industries, such as construction or agriculture, may also employ auditors to assess their financial performance and internal controls.
Career development opportunities for auditors in Gauteng are often focused on professional certification, such as the Certified Public Accountant (CPA) designation, or obtaining specialized certifications like the Certified Internal Auditor (CIA). Many firms also offer training programs and mentorship initiatives to help employees advance their careers. With experience and additional qualifications, auditors can move into senior roles, start their own practices, or transition into related fields like forensic accounting or management consulting.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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