Director - Financial Audit

3 weeks ago


Newcastle Upon Tyne, United Kingdom Careers In Group Full time

**Location**: London or Newcastle (hybrid working)
**Salary ranges**:£90,000 - £117,000
**Nationality Requirements**:

- UK nationals
- Nationals of Commonwealth countries who have the right to work in the UK
- Nationals from the EU, EEA or Switzerland with (or eligible for) status under the European Union Settlement Scheme (EUSS)

Please note, we are not able to sponsor work visas. Please contact us should you have any questions on your nationality eligibility.
**We are pleased to announce a vacancy for Director (Financial Audit).**

**Responsibilities**

It is hard to think of a more interesting time to be involved in public audit. NAO auditors are involved in responding to the new and complex audit risks arising from Covid-19; government’s ambitions to achieve Net Zero emissions by 2050; brokering new tradingarrangements globally; and working domestically to ‘level up’.
The work we do makes the headlines. For example, our recent report on accounts highlighting the significant financial loss incurred by the Department for Health & Social Care on personal protective equipment, or our reports on the levels of fraud and errorin Covid loans offered by the Department for Business, Energy & Industrial Strategy, made impact. Further information can be seen in our Annual Report.
Alongside this, we are transforming the way we deliver our audits in response to the requirements of ISA 315 and continuing to develop our audit methodology in response to the quality expectations of Parliament and other stakeholders.
**Would you be interested in contributing to this important and interesting work as a Director?**
Our work auditing £1 trillion of public expenditure and income gives us great insight into how government manages its money. Our ambition is to make greater use of this insight to help improve the management of public finances and risks to delivering publicservices. You will work with your Director to draw on the NAO’s knowledge hubs and centres of expertise to identify opportunities to add real value for the organisations in your portfolio.
Our values reflect who we are as the NAO, how we work together and with those outside the NAO, to achieve our purpose and priorities. We're looking for people who believe in and exemplify our values to help the NAO be a great place to work. We act with courageand integrity - we’re honest, open and challenging of ourselves and others to achieve better outcomes. We are inclusive and respectful, treating our people and stakeholders with courtesy and understanding. Our ambition is to be an exemplar organisation forDiversity & Inclusion, one that others look to learn from.
Our Directors, equivalent to Engagement Partners, provide strategic oversight of the delivery of high quality external audit work to support effective accountability and scrutiny. Engaging with senior stakeholders at the organisations we audit, they have responsibilityfor the direction of audit work, drawing on the wider work of the NAO to add value and make a difference. Internally, Directors lead our teams and people, collaborate and role model behaviours and ways of working to support us become an exemplar organisation.Typical work for our Directors includes:

- Working with the NAO’s knowledge hubs and centres of expertise to identify opportunities to add real value for the organisations in their portfolio.
- Supporting the delivery of our Organisational Development Plan and Strategy.

**Skills required**

**Essential**
- Relevant financial qualification (CCAB) with recent post-qualification experience in leading external audit in line with ISAs as an Engagement Partner.
- Responsible Individual status.
- Experience of internal and external quality review processes, including responding to inspections by the Financial Reporting Council, to support the delivery of high-quality audit.
- Able to lead the delivery of high quality audit work across a range of clients to competing deadlines, leading through others, while protecting the welfare of our people.
- Excellent relationship management and influencing skills to maximise the influence of our work with external clients and stakeholders.
- Able to contribute to the strategic direction of the organisation and support the delivery of our Organisational Development Plan and Strategy.
- Collaborative, engages well with colleagues at all levels, and invests in their development and the wider success of the organisation.
- Strong people management skills including the ability to lead, develop and motivate diverse teams and support all colleagues to deliver great work and achieve their potential.
- A strong commitment to their own self-development and to delivering the NAO’s strategic objectives.

**Desired**
- Experience in implementing and embedding transformational change in financial audit methodologies, software and use of data


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