Job Description
Reports to: Managing Partner
Purpose of the Role
The Quality Management and Compliance Officer (QMCO) is responsible for ensuring the highest standards of quality in all line services of the Firm. The role involves developing and maintaining effective quality management systems, overseeing risk assessments, and implementing strategies to mitigate potential risks associated with running an international firm of accountants and business advisors. The QMCO is expected to have a strong background in local and international standards of accounting and auditing practice.
Detailed Job Responsibilities
To translate the requirements of the PKF International Professional Standards Manual (IPSM) and Quality Management Manual (QMM) into actionable review monitoring programs.
To implement a monitoring process and system that provides reasonable assurance that the policies and procedures relating to the system of quality control are relevant, adequate and operating effectively.
To be up-to-date with changes in the regulatory environment including those as implemented by PKF International (PKFI) through educational participation opportunities, reading professional publications and accessing the PKF 365 database.
To select completed engagements every quarter to be inspected as part of the internal monitoring and ensure adherence to professional standards and applicable legal and regulatory requirements.
To continuously perform an evaluation of the effect of deficiencies noted as a result of the monitoring process and communicate or discuss with the appropriate personnel.
To share significant deficiencies that require prompt corrective action at firm level as part of the monitoring process and recommendations for appropriate remedial action.
To make recommendations that will improve or strengthen the internal control structure.
To communicate all deficiencies or findings to those responsible for training and professional development.
To perform a root cause analysis i.e. a process for identifying the true, underlying causes of problems or events including deficiencies and other quality events or indicators in order to prevent them from recurring.
To communicate the results of the monitoring of quality control system to the Managing Partner and other appropriate personnel.
To keep proper records, reports and other documentation relating to the internal monitoring review process for reference.
To protect the firm’s assets and reputation by ensuring compliance with regulations and internal controls.
PERSON SPECIFICATIONS
Qualifications and Experience
Chartered Accountant with ACCA or ZICA
Minimum seven (7) years’ experience in accounting and audit practice
Experience as Supervisor / Manager in an Audit Firm
Member of ZICA
Skills and Abilities
In-depth knowledge of International Accounting and Auditing Standards
Ability to work under pressure and to deadlines with attention to detail
Ability to communicate effectively in business English, both written and verbally
Ability to lead and collaborate with cross-functional and international teams
Strong analytical and problem-solving skills
Proficiency in the processes and systems of audit assurance and accounting practice
Familiarity and proficiency with Microsoft Office
Ability to perform internal control assessment and documentation
Familiarity with risk management processes
Knowledge of legislative practices, procedures and standards
Ability to effectively maintain accurate records and documentation
Excellent organizational skills
Ability to provide Excellent service to both internal and external customers
Method of Application
Qualified candidates who meet the above requirements are invited to apply by submitting an application letter along with other relevant credentials in a single PDF document to jobs@zm.pkf.com and stating the full job title in the subject line of the email. NOTES
The closing date for receipt of applications is 15 November 2024 at 17:00 hours. Only short-listed candidates will be contacted. Address the applications to The Director – Human Resources.
WE OFFER:
Opportunity for professional development in an international environment and for increasing your abilities and skills in various areas;
Attractive salary based on your professional experience and skills;
Good working environment.