Executive Associate, Quality Assurance Review Expired

Institute of Chartered Accountants of the Maldives

Salary

MVR 12,500 - MVR 14,999

Employment Type

Full-Time

Island

Male' City, Male'

Details

Salary and Benefits: MVR 12,500 - MVR 14,999

Job Description

BACKGROUND

CA Maldives is the statutory body mandated with regulating and developing the accounting profession of the Maldives. The institute is also mandated with developing accounting and auditing standards applicable for private sector and issuing license to provide audit and assurance services in the Maldives. The Institute was established on 8th September 2020, following the ratification of the Maldives Chartered Accountants Act (13/2020), by the President.

QUALITY ASSURANCE REVIEW

Pursuant to the Regulation for Statutory Audit and Assurance Services in the Maldives (Regulation Number: 2021/R-3) the Institute is mandated with carrying out the audit quality assurance review, ensuring the licensed auditors are compliant with the requirements of the Act and Regulation, International Standards on Auditing (ISAs), as well as with other statutory and regulatory requirements.

The Quality Assurance Review (QAR) function is established to implement this mandate by ensuring and upholding the quality of the audit and other services provided by licensed auditors in the Maldives.

The Institute is looking for an individual who will be responsible for providing the necessary support to the Quality Assurance Review function.

SCOPE OF WORK

Provide administrative and technical support required to establish the QAR Function
Prepare review plans for Quality Assurance Review (QAR) of licensed auditors selected for review, conduct the QAR in accordance with the review plan, gather and analyse necessary information required in connection with the review and perform additional responsibilities as required in the quality assurance review process.
Perform any other tasks assigned by the QAR Manager / Supervisor
As directed by QAR Manager / Supervisor, work closely with chairs of relevant committees and management to ensure that QAR work plans are executed as planned.
As directed by QAR Manager / Supervisor, coordinate with chairs of relevant committees to prepare recommendation papers and relevant documents for council endorsement.
As assigned by QAR Manager / Supervisor, follow-up on important tasks assigned by committees and coordinate with relevant personnel to ensure tasks are well executed.
General Administrative duties as required by the management including but not limited to organizing committee meetings, attending emails, queries regarding QAR and coordinate them with relevant personnel.

DESIRED SKILLS, CHARACTERISTICS AND COMPETENCIES

A keen interest, genuine passion for, and deep personal commitment to the mission of CA Maldives
Should possess excellent administrative skills
The ability to work effectively with the Council and Committees
Understanding and expertise in the field of Accounting, Auditing and Finance
Excellent communication skill in English and Dhivehi (written and verbal)
An interest to build a career in the accountancy profession.

IDEAL QUALIFICATION AND EXPERIENCE

Academic and Experience:
- Bachelor’s Degree or MNQF Level 7/8 Qualification in accounting or auditing field, (OR)
- Diploma in accounting or auditing field with minimum 2 years of experience in a relevant field, (OR)
- A’ Level 3 passes (Including Dhivehi & Islam) / MNQF Level 4 Qualification in a relevant field; with 4 years of experience in a relevant field
Other required skills and expertise:
- Must be familiar with accounting and auditing standards such as IFRS, ISA’s
- Strong interpersonal skills
- Willingness and Flexibility to travel on projects carried out by the Institute
- Preference will be given to those candidates who are partly or fully qualified in a professional accounting qualification or equivalent.
- Experience in the field of Auditing will be an added advantage.