Audit Principal

Location
Newcastle / Flexible working
Salary
£44,367- £59,088 + benefits
Posted
01 Jun 2022
Closes
26 Jun 2022
Contract Type
Permanent

The role of public sector auditors has never mattered more. To support our strategic ambitions we are looking for Audit Principals (the equivalent of an Assistant Manager at most firms) who want to make a real difference - leading and motivating financial audit teams to deliver audit work that is both high quality and delivers insight to help improve public services.


Who are we?

As the UK’s independent public spending watchdog we support Parliament in holding government to account. We improve public services through our high-quality audits. In challenging times, it remains vital that Parliament is well supported in scrutinising the performance of government - and rarely have there been more challenging times.

Whilst we deliver our financial audit work in the same way as an audit firm, our position is unique. Our work is extraordinarily influential. Our work auditing nearly £2 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 public services.

“Recently, the findings from the financial audit I was working on were discussed at a Parliamentary Select Committee. It was really rewarding to see my work making an impact and contributing to improving public services”. Amarpreet


Our people

Our people are proud to be part of our diverse, inclusive and healthy workplace. We attract talented people and are committed to supporting them to become even better at what they do, enhancing their careers and ensuring they have the skills and capabilities they need. We welcome applications from individuals from all backgrounds; we value the ideas, energy and diversity this brings us. We would particularly welcome applications from female and ethnic minority candidates. 


What is the role?

Our Audit Principals lead our most complex engagements and manage our smaller engagements to deliver a portfolio of work which leads to the certification of our clients’ annual reports and accounts. They deliver high quality and cutting-edge audit work to international auditing standards. Their insights and the value they add not only benefits the bodies they audit directly but also informs our other work – including our value-for-money studies and investigations. Key responsibilities of the role include.

  • Working in accordance with the NAO’s values and championing our diversity and inclusion.
  • Demonstrating a strong commitment to their own self development, to delivering the NAO’s strategic objectives, and keeping themselves up to date on office initiatives and information relevant to their work and specialism.
  • Demonstrating an ability to balance tasks and priorities to lead a complex, challenging portfolio of work including supporting the work and development of others.
  • Using their technical knowledge and ability to manage tasks and projects to deliver high quality work across our financial audit practice.
  • Using professional judgement and scepticism to assess the quality and validity of audit evidence and challenge where greater assurance is needed.
  • Collaborating internally and externally to both offer and access expertise from across the office and to use our knowledge to create greater impact.
  • Contributing to the development of our approach to financial audit, supporting improvements in our audit methodology, audit software, use of financial data, and operational working practices.
  • Influencing and adding value by building their understanding and insight into the challenges and perspectives of their clients.
  • Complying with corporate responsibilities and support others to do so.

“I enjoy the variety of work – during my time at the NAO, my work has included reviewing complex financial instruments in the Treasury, auditing national museums and galleries, and getting to grips with large infrastructure projects at the Department for Transport. This has given me the opportunity to develop my skills and experience as well as keeping my work interesting and varied – no two audits are the same!”. Robert


Skills required

Our people strive for excellence, act with courage and integrity, are curious and seek to learn, all while being inclusive and respectful.

Essential skills and experiences for the role are:

  • Experience of IFRS and international standards on auditing.
  • Relevant financial qualification (CCAB) with recent post-qualification experience in leading external audit engagements.
  • Exceptional project management skills, able to deliver high quality audit work while protecting the welfare of your teams.
  • A proactive approach to problem solving and relationship building to maximise the influence of our work with government bodies and other stakeholders.
  • Collaborative, engages well with colleagues at all levels, and invests in their development and the wider success of the organisation.
  • The ability to lead, develop and motivate diverse teams and support all colleagues to deliver great work and achieve their potential.

Desirable skills and experience for the role are:

  • Experience of public sector or charity audits.
  • Experience in implementing and embedding transformational change in financial audit methodologies, software and use of data.
  • Working in a Centre of Expertise that provides assurance over complex transactions and balances.
  • Experience in supporting a firm’s second and third line of defence work to improve the quality of their work.
  • Auditing Shared Service or complex IT environments.


Education and Nationality Requirements

  • CCAB qualified, or international equivalent
  • 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.


Are you interested?

To apply please visit our website and provide the following:

  • An up-to-date CV
  • Covering letter setting out briefly why you are suitable for the role (word limit: 1,000 words)


The closing date for applications is 5pm, 26 June 2022.

Please do not wait until the closing date to apply as initial interviews will be conducted throughout the process. Further details of the selection process will be given to shortlisted candidates.


Additional Details

LOCATION: Newcastle. Our new ways of working will include a mix of time at your assigned office, time at client sites across the UK as required and working from home.

SALARY: £44,367- £59,088

ROLE TYPE: Permanent

FULL TIME/PART TIME: We have a number of positions available and strongly encourage individuals wishing to work with us on a part-time basis to apply and take advantage of our flexible working arrangements

“I work part time and value the flexibility of the role. As a parent of young children, my line manager is very supportive in ensuring I can manage my portfolio of audits and identifying opportunities to develop whilst trusting me to work flexibility to balance my work and home life”

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