Senior Regulatory Reviewer
6 days ago
**Senior Monitoring Reviewer**
**Location**:Home based contract, with travel required to conduct monitoring visits**
**What's the role?**
This is an exciting opportunity to join our Monitoring Team, our team of qualified accountants who are dedicated to reviewing and improving professional standards in the UK’s audit and accountancy profession.
You will be undertaking practice, audit, and anti-money laundering (AML) monitoring visits to members and firms across Scotland and elsewhere in the UK (whether through onsite visits, or remotely).
As one of two Senior Reviewers in the team, you will also have important responsibilities in relation to quality control, and the broader strategy for monitoring at ICAS.
**What's on offer?**
This job will be attractive for someone with experience of working at professional accountancy body, or someone from an audit / practice background who is looking for a career change. This role offers you:
- **A home working contract**: when you are not onsite at firms, you will work from home, with occasional requirements to attend CA House in Edinburgh and ICAS’ office in Glasgow.
- **Work/life balance**:your monitoring reviews will be spread evenly throughout the year and conducted within normal business hours.
- **Team working**: you will be part of a dynamic professional team within ICAS. We have regular team meetings and you will work with other reviewers on the bigger visits.
- **Variety**: no day is the same, as you will be monitoring different firms of different sizes from one week to the next, and will be exposed to a wide range of engagement services and compliance systems.
- **Experience used**:you will use all of the key technical and professional skills you have obtained in practice.
- **Experience gained**: you will build upon your wealth of experience by visiting many different firms and learning about risks and quality management as well as building on your technical knowledge. You will be dealing with partners and staff at our firms directly as well as providing consultation and advice to firms, with the role developing your people skills.
- **Senior responsibilities**: as a Senior Reviewer, you will have leadership responsibilities within the team, ensuring that other reviewers are properly trained, supported, and advised on the challenging issues which may arise during visits. You will also be expected to identify and implement improvements to processes to make them more effective.
- **Career position**: this role will place you in a good career position as a respected compliance professional. Whilst staff retention is important, a number of our past reviewers have secured senior compliance, technical and client-facing positions in practice and in finance.
- **Networking**: you will build professional relationships and contacts with firms throughout the UK. You will also engage with our boards and committees, other professional bodies, and government regulators, including the FRC and OPBAS.
- **Continuing Professional Development**: we will support you in obtaining the CPD you need for this role and we invest in the skills development of our team.
**Who we are looking for**
We are looking for a professionally qualified accountant with significant experience of regulatory monitoring at a professional accountancy body with an extensive and wide-ranging level of technical knowledge.
- Experience working in the audit department of sizeable audit registered firm, with significant audit hours and at least two years' post qualification experience in audit, preferably at manager, senior manager or principal level.
- Experience of large corporate firm audits (listed audit experience is also desirable).
- Your skills and knowledge must include:
- International Standards on Auditing (ISAs).
- UK GAAP (IFRS knowledge will also be highly desirable).
- FRC Ethical standards (or familiarly with ethical requirements).
- AML legislation and supporting requirements.
There are a number of key challenges within this role, primarily in relation to the conduct of monitoring visits, where there are often difficult messages to convey to firms and individuals regarding the implications of a visit that identifies areas of non-compliance, or a lack of competence and integrity.
Therefore we are looking for someone who has exllent interpersonal skills and the ability to communicate clearly and effectively, with an understanding of adapting their approach to suit the audience.
Your will also:
- Have an inate ability to work to tight deadlines.
- Have great review skills, with excellent attention to detail.
- Comprehensive writtend and oral skills, with a confident presentation style and clear report writing skills
- Excellent technical skills.
- Organisational skills.
- Leadeship and team development skills
In addition as this is a remote role, you should be willing to travel and spend some time away from home, ideally holding a current UK drivers’ licence.
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