UK Regulators' Network
Project Leader – Audit Firm Supervision (12 Month Maternity cover)
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Financial Reporting Council
Regulators of auditors, accountants and actuaries, https://www.frc.org.uk/about-the-frc/careers
Requirements of the role
Requirements
The role provides a unique insight into how the PIE audit firms operate and how they are responding to current issues in the profession and the changes in regulatory requirements. The successful candidate will have the satisfaction of being able to influence the practices and procedures of the major audit firms to enhance audit quality and audit market resilience. The successful candidate will support and, at times and where appropriate, deputise for the Supervisors in respect of the day to day supervision of PIE audit firms, including:
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- Developing an understanding of the firms’ audit practice, their audit strategy and priority areas.
- Contributing to the forward looking supervision strategy for the firms allocated.
- Obtaining and analysing evidence on audit quality and resilience matters from internal and external sources.
- Assessing the adequacy and effectiveness of action plans and key audit quality initiatives developed by the audit firms.
- Leading aspects of meetings with the firms.
- Managing a portfolio of non-financial sanctions across firms.
- Leading on constructive engagement into breaches by firms of auditing requirements (under the FRC’s Audit Enforcement Procedure or other disciplinary schemes), handling complex cases, developing remedial actions and ensuring that these are adequately undertaken, including in some cases assessments of their effectiveness.
- Liaising with internal specialist teams, including the Registration and Restructuring team, providing input into and assessing their conclusions or feedback to firms and providing input into monitoring related conditions or undertakings.
- Contributing to the development and growth of the AFS team, and wider Supervision Division.
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Location
Birmingham
Contract type
Fixed term, Full time, Maternity cover
Profession
Analysis, Audit, Enforcement, Finance, Financial Services, Project manager, Quality Assurance, Regulation, Strategy, Supervision
Working pattern
Flexible working, Office based
Closing Date
23/07/2026
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