I. WHAT OPPORTUNITIES DOES THE PRINCIPAL, IAASB POSITION PRESENT?
Working for the IAASB provides a rich and diverse experience through the opportunity to enhance the quality of global audit and assurance practice in the public interest.
The position of Principal, IAASB offers the following unique personal and professional opportunities:
- To develop a global, public-interest oriented perspective on contemporary, real-world auditing, assurance and other related services issues.
- To contributing creatively and technically to the development of robust, balanced and practical solutions and influence the outcome of leading-edge auditing, assurance and other related services standard setting projects, thereby enhancing global public trust in the accountancy profession.
- To engage with senior members of the accountancy profession, the global regulatory and standards-setting communities, investor, preparer, governance and other international stakeholder groups.
- To work in a dynamic, collaborative, multi-cultural and collegial environment including fostering relationships with colleagues in international ethics and education standard setting.
- For personal and professional growth through management of the broader standard setting program.
- To travel internationally.
II. WHAT IS THE ROLE, AND WHAT ARE THE KEY ATTRIBUTES FOR THE POSITION?
The position of Principal, IAASB is a senior member of the IAASB Staff Team supporting the achievement of IAASB's strategy and objectives. The role and key attributes are shown below:
- Serve as the lead staff member (supported by Manager(s), Standards Development and Technical Projects) on the more challenging IAASB projects.
- Assume responsibility for, or provide support to, the management of apsects of the standard-setting program.
- Carry out or support external outreach of the IAASB, including identifying opportunities and producing relevant communications to develop and maintain key stakeholder relationships.
- Self-motivation and confidence in dealing with others on complex technical matters with the flexibility to meet internal and external demands.
- Ability to work in a collaborative and team environment.
- Excellent project management skills, in particular those necessary for the timely delivery of outputs including interpretation of what is needed for the success of a project.
- Strong inter-personal skills and ability to work in a multi-cultural setting.
- Excellent communication skills including written, verbal, listening, and presentation.
- Keen interest in public interest and practical auditing or assurance issues.
- Ability to liaise with senior members of the accountancy profession and regulatory community, as well as with senior officials from other external organizations.
Must be willing to travel internationally 15-25 days a year.
III. WHAT ARE THE ESSENTIAL DUTIES AND RESPONSIBILITIES?
Essential duties and responsibilities include those set out below. Other duties may be assigned to meet business needs.
- Prioritize and establish requirements for project proposals and other material for consideration by the IAASB.
- Carry out all aspects in support of project task force(s) assignments, including adherence to standard setting due process, conducting project research, drafting standards and guidance (consultation papers, exposure drafts and final versions) in consultation with relevant task forces and the IAASB, and liaison with global stakeholders such as regulators, standard setters, accountancy firms, governance groups, and IFAC member bodies.
- Plan, coordinate and support the IAASB's meetings.
- Provide collaborative project management advice and support to IAASB Managers and other IAASB Staff.
- Develop agendas and papers for key external support groups such as the IAASB Consultative Advisory Group (CAG) and IAASB National Auditing Standard Setters (NSS) liaison group.
- Lead/participate in IAASB, IAASB CAG, IAASB-NSS and task force meetings, and prepare action plans resulting from the outcomes of discussions and decisions.
- Draft articles and develop presentations, and engage in outreach activities.
- In consultation with the Technical Director or Deputy Directors, serve as a key contact for one or more of the IAASB's liaison activities with key stakeholder groups, managing significant aspects of the relationship, including meetings.
- Identify and support opportunities to raise awareness of IAASB pronouncements and activities to stakeholder groups and the general public, including development of presentations, press and other communications.
- Lead the development of the IAASB's annual report and periodic reports to the Public Interest Oversight Board (PIOB) and IFAC boards and committees on the activities of the IAASB.
- As senior IAASB staff, respond to new developments and emerging issues, and to inquiries regarding technical, process or administrative issues.
IV. WHAT IS THE PREFERRED BACKGROUND AND EXPERIENCE FOR THE POSITION?
The ideal candidate will have the following background and experience:
- Experience at the senior manager level or higher in professional practice; a relevant regulatory or inspection body, or national standard setter; a professional accountancy organization; or office of a public sector auditor. Involvment or direct exposure to the standard-setting or inspection process nationally or internationally is highly desirable.
- An ability to ascertain public interest dimensions of technical audit issues, to generate innovative and workable potential responses to the issue, and to develop a consensus-based response from committee-level through IAASB Board-level approval.
- Excellent oral and written communication skills. Fluency in written and spoken English is essential.
- Excellent organizational and project management skills, and strong computer literacy.
- A Bachelor's degree or equivalent in accounting.
- Certification as a Chartered Accountant or Certified Public Accountant.
V. WHAT ELSE AND HOW DO I APPLY?
The position will be located in the IFAC head office in New York. IFAC will handle visa requirements as may be necessary and cover relocation costs for the successful applicant to New York. Compensation will be competitive and commensurate with qualifications and experience.
VI. ABOUT THE IAASB
The International Auditing and Assurance Standards Board (IAASB) is an independent standard-setting body that serves the public interest by setting high-quality international standards for auditing, assurance, and other related areas, and by facilitating their adoption and implementation. In doing so, the IAASB enhances the quality and consistency of practice throughout the world and strengthens public confidence in the global auditing and assurance profession.
The IAASB is subject to oversight by the Public Interest Oversight Board (PIOB). The structures and processes that support the operations of the IAASB are facilitated by the International Federation of Accountants (IFAC).
The IAASB and its staff work closely on projects of mutual interest with the International Ethics Standards Board for Accountants (IESBA) and the International Accounting Education Standards Board (IAESB), among other bodies.
VII. ABOUT IFAC
IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. It is comprised of more than 175 members and associates in 130 countries and jurisdictions, representing almost 3 million accountants in public practice, education, government service, industry, and commerce.