13 Oct
Nameless
Durban
PKF Durban is looking for a Senior Quality and Risk Manager to join their team!
The Senior Quality and Risk Manager performs a key role within the Firms system of quality management (SOQM) in providing the day-to-day support to the assigned individuals within the SOQM and the Firms executive committee as a whole. This role requires the application of proven knowledge and expertise in developing and delivering enhanced quality monitoring processes in relation to regulatory matters to ensure the Firms system of quality management remains compliant and fit for purpose.
This is a position that requires an individual with a strong and effective ability to understand and address a multitude of firm-wide matters relevant to the Firms overarching regulatory requirements. The position requires an efficient team player able to work effectively within the department and across the Firm and has the ability to liaise with and instill confidence of senior partners and staff within the Firm, the Firms network, as well as the Firms regulatory bodies.
Responsibilities
1. System of quality management
- Operational responsibility for the execution, implementation and monitoring of all the quality procedures and requests contained in the PKF Durban SOQM Manual including:
- Additional internal monitoring engagement (all service lines) file reviews over and above that carried out by PKF SAs internal monitoring.
- Process for the retention and assembling of engagement files.
- Managing the process and final compilation of the IRBA fee declaration.
- Client take-on procedures.
- Undertaking the monitoring activities relating to the quality risks and responses devised for the Firms system of quality management.
- The findings from those monitoring activities,
which will include conclusions on the effectiveness of the designed responses and any changes or additions required to the Firms policies, procedures, quality risks and responses.
- Performing the root cause analysis and remedial action plan requirements for all identified deficiencies (e.g., non-compliance matters, findings from the reviews of completed engagements, regulatory findings etc.). This involves organizing and leading meetings, finalizing and communicating the outcomes, and conducting follow-up monitoring to ensure that remedial actions are effectively implemented
- Co-ordinating, managing and reviewing the ISQM 1 remedial actions and monitoring activities assigned to, and performed by, others within the Firm.
- Day to day management of the Firms ISQM 1 registers and documents,
ensuring they are up to date, complete and accurate, providing summary and status reports for the relevant compliance partners.
- Interfacing and co-ordinating with PKF International, PKF SA and/or IRBA in any firm or engagement inspections and facilitating the providing of responses to inspection enquiries.
- Organising, reviewing, and summarising the findings from the PKF SA internal monitoring reviews and the Firms internal cold file reviews and practice assurance reviews.
- Organising and co-ordinating the Firms non-audit regulatory inspections and responding to all related regulatory information requests.
- First level preparation of all the Firms compliance related annual returns and reporting (e.g. IRBA, SAICA, PKF International etc)
and populating and managing the PKF International ISQM 1 digital workspace for review by the relevant compliance partners.
- Providing input into the drafting of the Firms Transparency Report (required w.e.f. December 2025) to ensure compliance with the underlying regulations.
- Reviewing, updating, and maintaining the various audit and compliance registers with assistance from the technical and compliance administrator.
- Updating, implementing, and monitoring of completion of the Firms continuous professional development policies and procedures, including initial review of all records received.
- Monitoring the regulatory framework for any updates, identifying the impact, and reporting the recommended changes or information to the Firm.
- Management and oversight of the technical and compliance administrator.
- Liaison with,
and attendance at, relevant internal, external and PKF SA meetings and external regulatory events pertaining to compliance related matters.
- Participating in relevant PKF network related quality initiatives/projects.
- Any other duties appropriate to the grade and level of responsibility of the post, for which the post holder has the necessary experience and/or training.
2. Training & Guidance
- Preparing and presenting of compliance related training, including, but not limited to, induction, annual update and changes in regulatory requirements.
- Identify areas of training based on quality control reviews, preparing content and presenting training.
- Developing and issuing compliance related materials, guidance, and articles (e.g., quality monitoring alerts).
- Updating and maintaining the compliance related content on the Firms intranet (e.g., relevant professional standard notes, quality monitoring alerts, templates, engagement letters, compliance related communications etc).
3. Queries
- Researching, drafting, and responding to queries covering all compliance matters that are relevant to the Firms system of quality management and supporting policies and procedures.
- Providing support and advice to the Firms management and partners
Requirements:
- Registered CA(SA)
- At least, four years post qualification/articles experience.
- Experience as a Manager/Senior Manager or equivalent in an external audit firm.
- A very good working knowledge of ISQM 1 & 2 and the IRBA Code.
- A good working knowledge of relevant SA legislation and regulations (e.g. Companies Act, Auditing Profession Act, e Protection of Personal Information Act and Promotion of Access to Information Act).
- A good working knowledge on the various regulations, standards, pronouncements, alerts and guidance issued by IRBA from time to time.
- A good working technical knowledge and experience in auditing and financial reporting standards.
- Ability to interpret regulations and standards and how to apply the requirements in a practical manner.
- Have a passion for compliance.
- Excellent analytical skills with a strong attention to detail.
- Ability to deal with complex, multi-faceted issues and reach clear evidenced based conclusions.
- Deadline driven with high levels of accuracy.
- Ability to communicate verbally and in writing in a clear and concise manner.
- Ability to write and deliver guidance and training materials.
- Comfortable to present in front of an audience.
- Have an elevated level of maturity, self-motivated and able to work both alone and in a team.
- Strong organisational (i.e. time and project management) skills.
- Comfortable in a digital world when working or inspecting relevant areas using IT.
- Proficient in Microsoft Office (Excel, Word, PowerPoint, SharePoint, Microsoft Outlook).
- Experience in Caseware Working Papers and Probe Audit would be an advantage.
- Own transport and a valid drivers license.
▶️ Senior Quality and Risk Manager
🖊️ Nameless
📍 Durban