Independence Team Manager– 12 month FTC
We are looking for a Manager who is solutions-focussed, is skilled at building relationships, enjoys being at the heart of change, and who wants to be part of a cohesive, vibrant and growing team.
The role requires a Manager who has a practical, thorough and positive approach to problem solving, who is good with detail and able to cope with pressure. Must be confident in liaising with individuals at all levels in the firm, enjoy acquiring new knowledge and be able to deliver difficult messages on occasion.
Previous high level knowledge of the independence rules would be preferable but is not a requirement.Full training on these elements of the role will be provided.
Whilst prior independence knowledge is preferable, what is more important is to have a willingness to learn a new technical area, have a client service mentality, excellent coaching and communication skills and a desire to join a dynamic team that provides critical business support to the firm in a complex and changing regulatory environment.
About the role
Being at the heart of PwC
PwC's ambition to grow through the development of new innovation, mandatory firm rotation, the ongoing climate of regulatory change, and the increased focus on globalisation all mean that PwC's ability to maintain Independence from our audit clients is ever more business critical for PwC. The audit of a company’s financial statements by an independent auditor is one of the foundations of confidence in the financial markets. PwC provides audit services to thousands of organisations throughout the world and it is imperative to remain independent, both in fact and appearance of that organisation. The Independence team has a vital role to play in PwC's growth agenda, whilst protecting our reputation and brand, and the team will be at the heart of change in the firm over the next few years.
The opportunities that we are offering will provide the successful candidates with:
An opportunity to develop a solid technical base and understanding of the independence rules which underpin everything we do as a Firm.
Breadth and insight into the activities of the firm by consulting on a xLoS basis;
The ability to contribute directly to the firm achieving its performance goals, especially regarding growth, leading firm and quality;
Ability to build a network of partners and staff across the firm and the wider PwC network and be seen as a someone who can help them with complex issues;
An ability to enhance and refine listening, influencing and communication skills;
An opportunity to mentor, coach and develop more junior staff
The chance to be part of a solutions-focussed, cohesive, vibrant team;
Compliance is led by three partners reporting directly to a member of the UK firm’s Management Board.
The department’s role is to support the partners and staff within PwC through the provision of policy and guidance to the firm in respect of a number of regulatory areas, including Independence, Data Protection, Anti-Money Laundering and Business Conduct and Ethics. The department also provides certain operational processes in support of those policies and is responsible for monitoring compliance with those policies and procedures.
The Independence Team is the largest single team within Compliance, consisting of 2 Partners, 1 Director, 17 Senior Managers / Managers and approximately 16 Senior Associates and Associates. The Independence team is responsible for working with the practice to ensure that the firm meets its regulatory responsibilities as required under PwC Global Independence policy, FRC, IFAC, SEC, the new EU regulations and other territories’ rules.
The Independence team is currently expanding in order to be able to devote more time to consulting regularly with practice staff to help them understand the complex nature of the independence rules and to give them solutions-focussed guidance to help structure the services the Firm would like to provide to our clients.
Essential skills and experience
Managers within the SIR sub-team of Independence are responsible for undertaking the following tasks:
Providing advice and guidance regarding queries submitted by the practice. This will involve both the initial interpretation of the firm’s independence rules against specific query related facts and the development of initial advice on matters under review, and also the review of junior team member’s advice.
Managing and coaching junior team members on various aspects of Independence (e.g. business relationships, non-audit services, new EU regulations).
Exhibiting role model behaviour in addition to helping junior members of the team fulfil their potential by assisting with their soft-skill learning and personal development.
Day to day management of core Independence processes within the business relationships and non-audit services functions, which are key to operational activities.
Managing own portfolio of consultations with key stakeholders in the practice to give guidance on Independence considerations.
Other ad-hoc projects as the department so determines from time to time. These could include activities such as reviewing junior team member’s analysis of Non-Services and Business Relationships Returns or the provision of general support to other independence activities.
The following skills are required for this role:
Ability to demonstrate clear understanding of commercial / client-facing issues, and empathy with the client facing practitioners who the Independence team support;
Intellectual capacity to make decisions with strong analytical, organisational and project management skill;
Excellent communication skills, able to interact with self-confidence at all levels, as well as managing internal relationships, e.g. with key stakeholders;
Ability to interact with others' demands providing support and/or influencing, with the flexibility to change behaviour where necessary;
A conscientious, ambitious team player, with good self-management skills and an ability to take initiative; and
Strong coaching and people management skills