Managing Director - Audit Quality and Risk Management

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

RSM US LLP is seeking a Managing Director (MD) to join our Audit Quality and Risk Management group within the Office of Risk Management (ORM).  ORM supports the implementation of programs, policies, and practices to manage the risk of RSM US LLP. Audit Quality & Risk Management (AQRM) within ORM, is responsible for monitoring the firm’s audit practice by executing such activities as the internal inspection program, PCAOB inspection, pre-release monitoring, and testing the design, implementation, and operating effectiveness of the system of quality management amongst other important activities.   AQRM works closely with the National Professional Standards Group (NPSG) in assisting in the creation and monitoring of policies, tools, guidance, and training.   This position assists and reports to the Audit Quality and Risk Leader and will work on all quality related matters and activities that is the responsibility of AQRM.    

This MD will serve as an expert-level subject matter expert on all matters related to audit quality including the system of quality management, inspections, and monitoring.  This individual will have responsibility to lead quality management efforts, inspections, remediation, and other proactive monitoring measures.

Responsibilities

• Assist the Audit Quality and Risk Leader in discharging their responsibilities for oversight of the firm’s PCAOB inspection, internal inspection, testing of the design, implementation, and operating effectiveness of the system of quality management, amongst other audit quality activities. 

• Assist in overseeing the design, implementation and operating effectiveness testing and other monitoring activities of the system of quality management, under PCAOB QC 1000, AICPA SQMS No. 1, IESBA ISQM 1, and other applicable regulatory requirements

• Support the facilitation of the Firm’s annual PCAOB inspection along with other regulatory exams such as those conducted by the Department of Labor and the Canadian Public Accountability Board

• Assist in the evaluation and analyzation of internal inspection results to identify thematic issues related to engagement performance and quality

• Evaluate exceptions in testing and other relevant information about the system of quality management for potential finding or deficiency

• Consult in the evaluation and determination of root cause and other causal factors that gave rise to negative events

• Work collaboratively with others globally (e.g., Canada and USI) and across the enterprise (e.g.,  National Professional Standards group, Internal Audit and Enterprise Risk, Audit, Consulting and Tax lines of business.)

• Support the RSM International Executive Office as well as collaborate with others across RSM’s international network firms related to inspections and quality management matters.

• Assist in the monitoring efforts, especially around those related to thematic negative quality events and poor supervision and review.

• Represent RSM through participation in professional task forces (e.g., PCAOB, CAQ, etc.)

• Leverage innovation to optimize workflows, improve efficiency, and enhance monitoring, tracking, and reporting of monitoring status, results, and remediation. (i.e., using firm tools or status reporting, issues, testing etc.) consistent with the firm’s digital strategy

• Develop and facilitate internally and externally focused training

• Actively participate as a leader in AQRM to manage and develop others within the group and the practice

• Maintains a high level of organization and project management skills

• Enhance the talent experience as a performance advisor and mentor

• Foster a culture of continuous improvement the quality of our audit practice by sharing best practices and novel solutions to enhance the system of quality management

Requirements

• Bachelor’s degree required, Master’s degree preferred

• CPA required

• Proven ability to lead diverse teams and affect organizational change

• Minimum 14 years progressive experience in a national CPA Firm involved in the Assurance practice or equivalent, including a minimum of five years managing others

• Experience performing audit engagements conducted in accordance with both PCAOB Standards and U.S. GAAS, including experience with internal control testing

• Experience with interpreting and implementing audit and/or quality management standards

• Must exhibit an exceptional client service attitude, possess outstanding people skills and take a proactive approach in working with employees

• Ability to exercise sound professional judgment and technical discretion on matters of significance

• Exercises strong written and verbal communication skills to report matters of significance to internal and external stakeholders

Location and Travel

• The location is open, with a preference to be located in a city with an RSM office.

• Travel required for participation with professional organizations, continuing professional education, internal meetings and various projects and work streams of the Audit Quality Risk Management group.  Travel is estimated to be 10-20%.

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law. 

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records in accordance with the requirements of applicable law, including but not limited to, the California Fair Chance Act, the Los Angeles Fair Chance Initiative for Hiring Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the San Francisco Fair Chance Ordinance. For additional information regarding RSM’s background check process, including information about job duties that necessitate the use of one or more types of background checks, click here.

At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.