Description of the role
Working with the RCA Team Leader and Head of RCA you will take responsibility for the delivery of specific root cause projects. As part of this role you will:
Develop project proposals for approval by Audit Leadership covering all stages of the RCA process;
Lead the data collection phases of the RCA process identifying and evaluating relevant inputs;
Developing insights and hypotheses from the review of inputs and leading the creation of interview plans;
Lead interview processes supporting RCA team members deliver interviews and challenging them on their findings;
Prepare initial root cause considerations for review and challenge within the RCA team;
Lead challenge panels with SMEs and business representatives to refine and prioritise root causes;
Work with the RCA Team Leader, Remediation Leader and senior stakeholders to support the development of proposed remedial actions;
Support the RCA Team Leader develop reporting to the Audit Quality Council and Audit Leadership for project approval;
Support the Remediation Leader in their assessment of the effectiveness of actions taken and the development of modified or additional actions as required.
Technical core competencies required for the role
Our Global Audit & Assurance Technical core competencies provide clarity and consistency of expectations to ensure the minimum audit technical requirements are being met by level to drive Audit Quality, which is fundamental to achieving our ambition to become the most trusted and trustworthy firm. The relevant competencies for this role are:
Technical Knowledge: Understands relevant technical accounting and financial reporting standards, regulations and accounting literature.
Technology Skills: Uses firm-approved audit tools and innovative technology solutions to increase audit quality, productivity, and insights.
Professional skepticism and issue identification: Applies professional skepticism, objectivity and independence to identify and support resolution of potential audit issues.
Engagement management: Manages and executes the engagement, including project management, team management and remediation of deviations from the audit plan and timeline.
People & Culture:
Embrace and embed our culture ambition of high challenge, high support which is grounded in Our Values.
Operate with a curious and sceptical mindset ensuring that this is embedded in your everyday work.
Actively lead and embed a coaching culture to get the best out of others in an environment where everyone in the team feels empowered to speak up or challenge where appropriate.
Be accountable, professional and act in the public interest, working for the benefit of shareholders of audited entities and wider society.
Be inclusive and embrace the opportunity to work with other teams within Audit and across the firm in an integrated way. Have a sense of community, purpose and fun.
Knowledge of root cause process is desirable but any candidate not already KPMG accredited to perform RCA will undergo appropriate training;
Ability to project manage within frameworks to demonstrate policy compliance;
Ability to be empathetic with individuals addressing adverse quality outcomes whilst challenging in interviews to ensure the underlying root causes are understood. The ability to ask difficult questions in non-threatening/non-judgemental ways is critical;
Strong understanding of audit process and audit requirements required to ensure the problem definition;
Ability to process and assimilate unstructured (and potentially contradictory) information from multiple sources;
Ability to work collaboratively and lead stakeholder meetings to deliver conclusions;
Ability to prepare and present reports and debate content with senior stakeholders.
Professional accounting qualification is beneficial due to need to understand audit and professional services individuals with other relevant skills and experience would be considered