Associate Partner - Audit Quality Training

KPMG Resource Centre (KRC) is a team of 3,000+ colleagues serving audit clients of primarily KPMG Europe and a few other countries. KRC’s services include end-to-end Audits, IT Audits, Data Analytics, Engagement Support Hub, Transaction 

Assurance and ESG, among others. The business supports multiple sectors and is currently present in Bengaluru, Gurugram, Noida and Mumbai. 

Through your work, you’ll build a global network and unlock opportunities that you may not have thought possible with access to great support, vast resources, and an inclusive, supportive environment to help you reach your full potential.

Roles & responsibilities 

The Head of Audit Quality, Technical L&D and the System of Quality Management (SoQM) has operational responsibility and accountability for establishing and maintaining a System of Quality Management for the Audit Function on behalf of the Head of Audit. Set and promote a strong tone and culture supporting audit quality through communication, engagement support and commitment to maintain objectivity, professional skepticism, ethics and integrity. Represents Audit Quality on the Audit Leadership Team. Audit Function operational responsibility to stakeholders and external regulators for Audit Quality and the System of Quality Management. Guide, manage, oversee and supervise the learning development process and professional accreditation for audit partners and professionals. 

Responsibilities include, but are not limited to: 

• Support the Head of KRC Audit, as required, to determine that the Audit Function policies, procedures and monitoring provide reasonable assurance that the firm’s process for audit client acceptance and continuance supports the firm’s audit quality objectives
• Support the Head of Audit, as required, to determine that the Audit Function has the capacity to manage its audit client portfolio and maintain audit quality, including the required capacity from cross-divisional/ group specialists, as appropriate
• Support the Head of Audit, as required, to determine that the Audit Function has established structures, reporting lines, and appropriate authorities and responsibilities, including operational responsibility for the Audit Function system of quality management and in particular puts in place support to address audit, accounting and regulatory practice matters including emerging issues and/or pronouncements 
• Monitor activities over audit engagement performance and compliance with firm and professional standards including the identification of audit performance matters and the root cause analysis process
• Monitor activities over the internal and external inspection process to identify audit performance matters and the root cause analysis process to drive audit quality improvement objectives
• Monitor consistency and implementation of Global/Regional audit quality initiatives across the firm, including implementation of agreed policies and product initiatives
• Determine that the Audit Function has put in place quality control policies, procedures and requirements to perform work that complies with professional standards and applicable legal and regulatory requirements 
• Determine that the Audit Function has established policies and procedures to communicate firm and individual independence requirements and there are processes in place to appropriately identify and evaluate alleged independence violations and/or allegations of non-compliance
• Determine that the Audit Function has established policies or procedures for dealing with complaints and allegations about the commitment to quality of the firm or its personnel, including clearly defining channels within the firm that enable reporting without fear of reprisal 
• Develop an audit infrastructure and support processes that require retention of audit documentation on a timely basis and is designed to maintain the confidentiality, safe custody, integrity, accessibility and retrieval of the audit documentation in compliance with professional standards and requirements
• Drive the process to document and assess compliance, by the Audit Function, of the firm’s System of Quality Management in accordance with professional standards. In particular, oversee activities of the internal and external inspection process to identify audit performance matters and the root cause analysis process to drive audit quality improvement objectives
• Confirm that there is sufficient investment in technological and intellectual resources including audit and related technology and the system of quality management to enable the consistent performance of engagements
• Drive the adoption of new approaches and initiatives to improve audit quality 
• Confirm with the Head of Professional Practice that the appropriate consultation takes place to resolve difference of