Manager/ Senior Manager - Quality and Risk Management - Riyadh

Job Description

From small businesses to some of the world?s best-known brands, our clients count on reliable financial statements, information, and processes to inform their on-going strategies. More than ever, business is about interpreting and reacting to complex data - and they look to us for advice and services they can trust every time. You will use your professional skills and experience to make it happen, handling complex audits across a broad range of industries and responsibilities.ÿOur tailored external audit services help build trust and confidence through transparency, clarity and consistency. We are 79,000+ professionals based worldwide across 150 countries. Audit services involve reporting on the fairness in all material respects with which a client?s audited financial statements are presented, in conformity with the applicable financial reporting framework.ÿThe opportunityMENA quality and risk management supports audit engagements across the MENA region both remotely and through travel to MENA offices.ÿThis role will focus on enhancing the quality of our Audit services for our clients based in the MENA region. You will be working to review quality results, oversee implementation of audit methodology processes and procedures and focus on driving service excellence. This is an ideal opportunity to gain experience within Audit Quality and be directly involved in contributing to quality metrics in the MENA region.Your key responsibilitiesAs a Manager / Senior Manager, youll be required to solve contentious or complex issues, support Audit partners and teams, build relationships with MENA internal clients and peers. You will review recent Quality Review Program results for clients and identify areas for improvement. Working effectively as a team member, you?ll design remedial action where necessary and support the execution of such action.ÿAs a role model for Quality & Risk Management (?Q&RM?), youll confirm that Audit teams understand and comply with EY?s Q&RM guidelines as well as communicate significant issues to MENA-based partners and other stakeholders.ÿYou will support professional practice and quality network initiatives and tasks, including (but not limited to) review of engagement teams? risk assessment procedures on prospective and recurring external audit clients and endorsement of acceptance or continuance decisions to MENA Assurance Quality Leadership. You will also review technical accounting (IFRS), audit (ISA, EY Global Audit Methodology) and risk management consultations prepared by audit teams. Plus, you will also provide technical support and guidance to audit teams during inspections of active regulators in different MENA jurisdictions as well as during EY?s internal assurance quality reviews (AQRs) and perform pre- and post-issuance engagement quality reviews of EY MENA?s largest audits of listed and large non-listed companies/groups. Along with this you shall also Participate in the implementation of ISQM 1 centrally in MENA region (and locally in the 14 EY MENA offices); reviewing test plans, controls testing workpapers, conducting root-cause analysis calls with process and control owners and recommending action plans and actions on ISQM control findings. As a manager you?ll perform cross-region reviews of the implementation of system of quality management (QCs/Practice Level Reviews) of other EY offices in EMEIA Area in accordance with EY policies aligned with ISQM1 and will also Perform root-cause analysis of regulatory and internal inspection findings, and results of ISQM 1 implementation testing, and recommend various remediation and action plans for implementation in the relevant EY member firms, as well as close monitoring of effectiveness of these action plans. Moreover, you will be responsible to create technical training Create technical training materials on common internal and external/regulatory inspection observations/findings, as wel

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