Audit Quality Management Specialist at Auditor-General of South Africa

Roles & Responsibilities

• Assist with the development and implementation of quality management policies and procedures in the operations of the AGSA to ensure compliance with the relevant audit standards;
• Update and maintain the QM monitoring policy and related procedures in accordance with relevant changes in International Standards on Auditing, International Standards on Quality Management and AGSA policies;
• Participate in the team planning and scoping of risk-based inspections;
•  Participate in team planning and scoping  for monitoring activities for the SOQM;
• Perform ongoing monitoring of the quality management process including post –issuance monitoring reviews;
• Inspecting planned completed audit engagements and firms’ quality management policies and procedures; discussing findings; consulting and preparing high-quality reports in a timely manner;
• Perform monitoring of quality management (QM) compliance in accordance with the monitoring requirements of the International Standards on Quality Management (ISQM) and specific requirements as determined by the AGSA;
• The monitoring will be performed annually on two levels, namely:
• System of quality management
• Completed audit engagements (both those performed by AGSA staff and CWC audits)
• Perform any other monitoring activities as determined by the QM senior management team;
• Provide quality related technical advice and guidance to top management and auditors in respect of engagement performance and associated processes;
• Provide quality related advice to business units in respect of implementation and operation of quality management systems.
• Work closely with the Strategic Audit Projects Business Unit in enhancing and maintaining the technical quality of the current engagement quality reviewers (EQRs) database to support the quality of allocations of engagement quality reviewers by the audit business units, and
• Provide ongoing and closer support to engagement quality reviewers on consistency, risks and quality issues that need to be addressed during engagement quality review process;

OTHER QUALITY MANAGEMENT INITIATIVES

• Post monitoring activities such as quality awareness sessions to the different business units (audit and non-audit).
• Perform quality reviews on the General Report for PFMA and MFMA cycles, including special reports.
• Review of annual delegations of audit engagements where applicable
• Evaluation of the work performed by Engagement quality reviewers ( Pre-issuance reviewers)
• Perform reviews or provide inputs on Category 2 complaints against the AGSA where applicable.

AD-HOC DUTIES

• Perform and/or manage other projects, tasks and assignments not stipulated on the job description as and when required.

Skills, Experience & Education

QUALIFICATIONS

• CA (SA)
• CISA (Would be an advantage)

SKILLS AND EXPERIENCE

• ± Five years’ post-qualification experience (with 3 years at a manager role);
• ± Two years inspection reviews experience is advantageous;
• Public sector audit experience essential;
• Private sector / IFRS audit experience advantageous
• Excellent technical knowledge and experience in auditing and financial reporting standards;
• Above average performance and behavioural record;
• Detailed knowledge and experience of statutory requirements and standards of the accounting and auditing discipline (e.g. International Standards on Auditing);
• Analytical and communication skills (written and oral);
• Coaching and reporting skills;
• Presentation skills;
• Discreet handling of confidential and contentious information;
• Unquestionable integrity and objectivity;
• Exercising authority and displaying professionalism, especially in strenuous situations;
• Ability to handle conflict situations;
• Proactive and works well under pressure;
• Able to deal with various tasks at once and deadline driven;
• Able to deal effectively with individuals at all levels within the AGSA;
• Able to work independently and as part of a team;
• Ability to respond and adapt to changes quickly;
• Practical experience in Quality management reviews will be an added advantage.