Ernst & Young

Independence Consultant

Ernst & Young$75K — $113K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years in risk management, regulatory compliance, or public accounting
  • CPA designation required
  • Strong analytical, critical thinking, and problem-solving skills
  • Excellent communication and presentation abilities
  • Familiarity with risk management and compliance principles

Responsibilities

  • Demonstrate technical knowledge in auditor independence rules
  • Consult on auditor independence issues with partners and staff
  • Provide guidance on client acceptance and independence procedures
  • Develop and update independence policies and processes
  • Deliver risk management and independence training courses
  • Manage independence monitoring programs and process improvements
  • Assist with practice inspections by regulators

Benefits

  • Comprehensive medical, prescription drug, and dental coverage
  • Defined contribution pension plan
  • Flexible vacation policy and firm-paid long weekends
  • Support and coaching from experienced colleagues
  • Learning opportunities for career progression
  • Freedom and flexibility to manage your role effectively
Full Job Description
The opportunity

EY's Risk Management group is responsible for the development, implementation and on-going monitoring of the firm's risk management and independence processes. We are currently seeking an Independence Consultant to join our dynamic team of independence professionals within the Risk Management function. As an integral part of the independence team, this individual will be managing the firm's independence and compliance processes and become a technical subject matter expert in consulting with, and providing guidance to, our service line professionals on auditor independence matters. This individual will also serve as a role model by promoting and demonstrating our commitment to audit quality and risk management policies and processes within the firm.

Your key responsibilities
  • Demonstrate technical knowledge and subject matter expertise in Canadian, SEC, PCAOB and IESBA auditor independence rules, and EY Global and country independence policies to support client-serving teams;
  • Consult with EY partners and staff across Canada on auditor independence issues related to both personal and firm-related independence matters;
  • Provide guidance to client-serving teams in the completion of client acceptance and other periodic independence procedures;
  • Develop and update independence policies, processes and tools to ensure we continue to comply with EY Global and local requirements as well as implement best practices and innovative solutions to keep pace with the firm's evolving business needs;
  • Develop and deliver risk management and independence training courses and presentations;
  • Build relationships with EY Global and Americas Independence team members through consultations;
  • Manage and participate in independence monitoring programs and other process improvement initiatives;
  • Assist with preparation for, and coordination of, practice inspections by external regulators and EY's Global Internal Audit team;
  • Promote and demonstrate commitment to audit quality, risk management and independence processes and policies within the firm;
  • Manage or participate in other risk management and independence projects as required; and
  • Other duties as assigned.


Skills and attributes for success
  • Strong analytical, critical thinking and problem-solving skills with the ability to apply conceptual framework to new and unique situations
  • Excellent business writing, communication and presentation skills
  • Ability to work in a busy, deadline driven environment and meet unexpected client demands
  • Strong organizational and time-management skills, ability to manage multiple tasks and changing priorities
  • Demonstrated commitment to teamwork and client service
  • Ability to work in a busy, deadline driven environment focused on accuracy and attention to detail
  • Ability to effectively solve problems using sound judgment
  • Flexibility to adapt to a rapidly evolving regulatory landscape
  • Familiarity with risk management and compliance principles and the ability to understand policies and provide guidance on related matters.
  • Strong knowledge of Excel and project management experience
  • Knowledge of French an asset but not required


To qualify for the role you must have
  • 4+ years of experience in a risk management, regulatory compliance, or public accounting function


Ideally you will also have:
  • CPA designation required


What we offer

We offer a competitive compensation package where you'll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you decide which benefits are right for you and which ones help you create a solid foundation for your future. Our Total Rewards package includes a comprehensive medical, prescription drug and dental coverage, a defined contribution pension plan, a great vacation policy plus firm paid days that allow you to enjoy longer long weekends throughout the year, statutory holidays and paid personal days (based on province of residence), and a range of exciting programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:
  • Support and coaching from some of the most engaging colleagues in the industry
  • Learning opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that's right for you


EY reports salary ranges in accordance with applicable provincial pay transparency legislation. Individual salaries within the anticipated salary ranges noted below are determined through a wide variety of factors including but not limited to internal equity, education, relevant experience, knowledge, and applicable skill sets.

  • Toronto: $75,600 to $113,400

About Ernst & Young

Ernst & Young (EY) is a multinational professional services firm that provides audit, tax, consulting, and advisory services to clients in a wide range of industries. The firm was founded in 1989 through the merger of Ernst & Whinney and Arthur Young & Co., and has since grown to become one of the largest professional services firms in the world. EY is committed to building a better working world by helping its clients solve their toughest challenges, and by creating a positive impact on the communities it serves.
Learn more about Ernst & Young
Size
300,000 employees
Industry
Founded
1989

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