Job Details


Requisition Number 20-0044
Post Date 1/23/2020
Title Chief Auditor Associate
Division Office of the Chief Auditor (Standards)
PT/FT Full Time
City Washington
State DC
Description

Our Mission

The PCAOB oversees the audits of public companies and SEC-registered brokers and dealers in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports.

Job Description Summary

The PCAOB has a full-time, regular position for a Chief Auditor Associate in the Office of the Chief Auditor (OCA) at its Washington, DC headquarters office. A Chief Auditor Associate plays an important role in the oversight of the auditing profession by advising the Board on the establishment of auditing and related professional practice standards. A Chief Auditor Associate will have a range of responsibilities, and will interact with the Board, other PCAOB divisions, the Board’s advisory groups, the U.S. Securities and Exchange Commission (SEC) and other experts and thought leaders. The Chief Auditor Associate also will lead inter-disciplinary teams, manage multiple projects, and supervise assistant chief auditors.

Responsibilities

  • Leads inter-disciplinary research teams to conduct research and outreach regarding key matters affecting audits of issuers and SEC-registered brokers and dealers, in order to identify problems requiring regulatory action and to develop and analyze regulatory policy alternatives. Research activities generally include, but are not limited to, evaluation of academic research, empirical data, and observations from PCAOB oversight activities. Outreach activities may involve a variety of experts and parties of interest, including academic researchers, investors, financial executives, audit committee members, and auditors. This also may involve development of Concept Releases or Staff Consultation Papers, or participation in public roundtables.
  • Leads inter-disciplinary standard-setting teams to develop, based on research and outreach, releases setting forth new and revised auditing and professional practice standards, along with accompanying regulatory analysis of the reasons for change and potential impacts of the changes. This includes identifying and making recommendations addressing key policy questions regarding the project.
  • Reviews, analyzes, and summarizes public comments in response to proposals and assists in resolving policy considerations.
  • Develops staff guidance to highlight for auditors and the public new, emerging, or noteworthy circumstances that may affect how auditors conduct audits under, or otherwise comply with, the existing requirements of the standards and rules of the PCAOB and relevant laws.
  • Plans, develops and conducts briefings to the Board, the SEC, and other external parties (e.g., provides a summary of research and outreach activities performed and insights gained, key policy issues, summary of public comments received etc.)
  • Advises other PCAOB divisions on policy and technical issues related to the administration of PCAOB standards.
  • Participates in meetings of the PCAOB’s Standing Advisory Group (SAG), including developing SAG briefing papers, leading presentations, and facilitating discussions at break-out sessions.
  • Represents the PCAOB at conferences or other meetings and engages in policy discussion with members of external groups or organizations including investors, regulators, standards setters, professional bodies, auditors, academics, audit committee members, and financial executives.
  • Participates in task forces composed of representatives from various groups including, but not limited to, investors and the audit profession.
  • Serves as the initial point of contact for external inquiries regarding the Board’s standards, responsible for understanding and researching relevant issues and working with others in the division to arrive at an appropriate response.
  • Leads, supervises and reviews work performed by Assistant Chief Auditors and other team members.
  • Mentors, coaches, and develops Assistant Chief Auditors. 
  • Promotes collaboration among team members and supports a work environment that inspires others to offer ideas.
  • May serve as a liaison to one or more external groups or organizations.
  • Actively tracks project progress and coordinates with the Deputy Chief Auditor and Chief Auditor to ensure the necessary resources are engaged to complete projects within the appropriate time frame.
  • Assists in certain administration tasks of the OCA.
Requirements

Qualifications

  • Education/Technical Expertise
    • Requires a Bachelor’s degree, advanced education/professional certification or equivalent experience.
    • Minimum of 10+ years prior relevant experience.
    • Current CPA license or equivalent license.
    • Strong knowledge of PCAOB auditing and related professional practice standards including independence, ethics, attestation, and quality control standards; relevant financial reporting accounting frameworks and SEC financial reporting requirements.
    • Excellent communication skills, both oral and written.
    • Ability to interact with investors, public company executives, senior members of the audit profession, and other experts and thought leaders.
    • Ability to collaborate and promote teamwork, solve problems and show openness to new ideas.
    • Strong decision-making skills, ability to challenge the status quo, taking initiative in a proactive and innovative manner.
    • Excellent organizational and project management skills, and ability to manage multiple priorities while meeting deadlines.
    • Ability to use research, analysis, and experience to inform decisions.
    • Ability to stay abreast of current developments and industry trends relevant to accounting and auditing.
    • Ability to motivate and inspire others to achieve desired outcomes. 
    • Ability to lead and supervise inter-disciplinary teams to meet deadlines while producing high quality work.

Our Values

As we seek to accomplish our mission and implement our vision, we expect integrity, pursue excellence, operate with effectiveness, embrace collaboration, and demand accountability.

Equal Employment Opportunity

All PCAOB employees are entitled to equal opportunity and a professional work environment, free of discrimination and harassment. A workplace free of discrimination is fundamental to professional success and to the PCAOB's mission. The PCAOB will consider for employment all qualified applicants with criminal histories in a manner consistent with applicable law.