INTERNAL ADVERT
Position: Senior Quality Controller
Department: Inspections
Closing Date: 10 February 2017
The Quality Control department within Inspections will consist of:
· 2 x Senior Quality Controllers (Reporting to the Director: Inspections)
· 1 x Quality Controller
REQUIREMENTS
· Chartered Accountant (SA) (Auditing)
· Registered Auditor (SA)
· Extensive exposure in performing Audit Quality Reviews
· At least 5 years post qualification audit experience with a focus on Quality Control reviews
KEY PERFORMANCE AREAS
1. To perform quality reviews on inspections
· To co-ordinate / supervise and timeously perform ongoing internal quality 2nd reviews and 3rd reviews of inspections (engagement inspections and firm inspections), timeously resolve second and third review queries, ensure consistency in Inspections Committee (INSCOM) recommendations and ensure high quality inspection reports.
· To ensure that internal deadlines are met and the majority of inspections for each quarter is presented to the INSCOM.
· To maintain professional and constructive stakeholder relationships (Internal and External) at all times and open communication lines with the inspectors.
· To occasionally perform scheduled inspections or re-perform follow up inspections if required by the Director:Inspections.
· To liaise with the practitioners as and when required.
· To ensure inspection file queries as well as performance ratings are discussed in a constructive manner and agreed with the inspectors/reviewers.
· To assist with the drafting/review of memorandums for any reconsiderations that have come through from the practitioners.
· To assist with the drafting of memorandums for Investigations relating to inspections that have been performed (referral matters).
· To assist the other Quality Controllers with responses to questions/queries that INSCOM members may have each quarter.
2. To prepare for the Inspections Department Pre-Committee
· To oversee the minute taking or take minutes of the Pre-Committee meetings (including drafting of the matters for follow-up, agenda).
3. To be part of the performance rating of inspectors.
· To perform a performance rating for each inspection file that is discussed with the inspector.
· To prepare a memorandum for discussion with the Director:Inspections where inspectors or team leader rating scores (Including 2nd reviewers) are rated below requirement.
Follow the difference of opinion (DOO) process where there are fundamental disagreements.
4. To ensure the inspections documentation are updated continuously
· To assist the other Quality Controllers with the updating of the control document, tracking the progress of inspections, 2nd and 3rd reviews.
· To assist the other Quality Controllers to update the IFRS, other checklists (such as attorney trust, long term and short term insurance) and firm checklists, 2nd and 3rd review checklists as matters arise (i.e. as repeat 2nd and 3rd review findings arise and as the IFRS / IFRS for SME Standards are updated). This should be done in consultation with the Professional Manager: Business Intelligence and Financial Reporting.
· To update the ISA and Code of Conduct extracts and inspection procedures as the ISA Standards/Code are updated.
· To assist with the updating of Inspections Policies and Procedures when required.
5. To assist with training of inspectors
· To assist with induction training for new inspectors.
· To assist in the identification of relevant training needs for the team.
· To assist in preparing/providing training to the team, including on the job training where required to address quality issues.
· To actively participate in inspections management meetings, pre committee meetings and monthly departmental meetings, including internal technical forum meetings.
· To assist team leaders, senior inspectors and inspectors with any audit technical consultations that they may request.
6. Assist with technical support and papers
· To provide technical support to inspectors
· To prepare technical opinions, as required.
· To assist the DirectorInspections, as and when required, with inputs to consultation papers/research from Standards or MANCO, or feedback to external stakeholders.
· To keep up to date with latest accounting and auditing standards, Code of Conduct and relevant legislation and the practical implementation thereof.
· To prepare and disseminate quarterly and annual statistics on the inspection file performance ratings of the inspectors, senior inspectors and team leaders.
· Might be required to attend/participate in IFIAR working groups or other international initiatives.
SKILLS & PERSONAL ATTRIBUTES
· Excellent knowledge of latest professional standards ISA, IAS, IFRS, IFRS-SME
· 5 years’ practical post qualification experience in audit quality reviews
· Keen interest in auditing and the technical aspects of auditing
· Good interpersonal skills and ability to maintain high level of confidentiality
· Ability to cope with confrontational situations
· Ability to meet tight deadlines
· Analytical ability
· Good report writing skills and communications skills
WORK CONDITIONS
The job will be mostly office based, but may require travelling to the teams from time to time.
CV’s must be e-mailed to
In compliance with the IRBA’s employment equity plans, first preference will be given to candidates from designated groups (Africans, Indians, Coloureds and females). Correspondence will be limited to only shortlisted candidates. By applying, the applicant gives permission to the IRBA to perform background, security and reference checks and verify documents and qualifications. The IRBA reserves the right not to make any appointment to the above position.