Assurance Experienced Manager

About the role

The Assurance Experienced Manager is responsible for supervising, directing, and reviewing the results through the delegation of tasks throughout the planning, field work and “wrap-up” stages of an Audit client engagement. In this role, the Assurance Experienced Manager is charged with marketing, networking, and business development within an area of expertise, as well as the responsibility of ensuring engagement profitability involving billings and collections.

Responsibilities

• Applies knowledge and understanding of the collective effect of various factors on establishing or enhancing effectiveness, or mitigating the risks, of specific policies and procedures
• Applies a broad understanding of objectives and components of the overall control environment and organization, and supervisory controls
• Validates and assesses effectiveness of internal control over financial reporting
• Identifies and communicates to management and audit committee suggestions to improve client internal controls and accounting procedures
• Identifies and delegates functions of the audit to the auditor in charge as deemed appropriate
• Supervise the work of audit team and review workpapers and conclusions preferably onsite during audit field work
• Provide on-the-job-training to the engagement staff during audit field work
• Applies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles
• Identifies and consults with clients on the impact of new accounting pronouncements
• Makes and presents recommendations to management on the impact of new accounting pronouncements
• Monitors and communicates important professional, industry pronouncements
• Presents and discusses alternative generally accepted accounting principles and arguments for/against such alternatives
• Drafts complex financial statements and related footnote disclosures and effectively communicates these to client
• Identifies complex accounting issues and forms and documents resolution, seeking counsel of BDO technical experts as needed
• Applies knowledge and understanding of SEC regulations and PCAOB guidelines, and documents and communicates the application of these principles
• Reviews SEC filings, including MD&A, financial statements, and disclosures for appropriateness in form, content, completeness, and accuracy, and ensures that quarterly reviews are properly performed
• Reviews required communications to the client and Audit Committee, ensuring their completeness, accuracy, and compliance with Firm and professional guidelines
• Ensures compliance with engagement independence requirements and consults internally as needed
• Applies knowledge and understanding of professional standards; application of the principles contained in professional standards; and the ability to document and communicate an understanding and application of professional standards on an engagement
• Provides guidance to others and affirms conclusions made by others
• Communicates matters required to be reported to the Audit Committee/Board and those charged with governance
• Applies the use of efficiency tools such as statistical sampling, CAATS, etc.
• Applies knowledge and application of BDO standards that guide effective and efficient delivery of quality services and products
• Casts detailed review to assure audit is completed in accordance with assurance manual standards
• Prepares or reviews required communications to management and audit committees, ensuring timeliness and completeness
• Recommends appropriate outcomes to critical issues
• Initiates and prepares client acceptance/retention procedures where appropriate
• Plans the audit process and oversees the execution of procedures with quality, efficiency, and completeness despite pressures of deadlines
• Executes proper BDO methodology including but not limited to proper archiving procedures
• Considers Sarbanes-Oxley rules in understanding and executing service plans for combined 404 and financial statement audits for public clients
• Defines methodology to conduct research projects and completes in a timely manner
• Prepares memo supporting research/conclusions and consults with others if appropriate
• Presents issues to RTD or concurring reviewer effectively and accurately

Qualifications

• Bachelor’s degree, required; major in Accounting, Finance, Economics or Statistics, preferred
• Master’s in Accountancy, preferred
• Six (6) or more years of prior relevant audit experience and/or public accounting, private industry accounting or consulting/professional services experience, required
• Prior significant supervisory experience, required
• Industry expertise in one or more assurance specialty, preferred
• Active licensed US CPA, recognized active International Equivalent or unique qualification as defined by BDO’s Assurance Licensing Policy, required

Skills

• Sound GAAP and GAAS knowledge
• Familiarity with SEC and PCAOB reporting rules
• Proven solid verbal and written communication skills
• Excellent people development and delegation skills, including training/instruction and engagement scheduling and budgeting
• Executive presence - need to be able to be primary contact for the client, prepare and present presentations to clients and potential clients
• Client development/relationship-building skills
• Solid decision-making skills
• Ability to resolve complex accounting issues
• Ability to be responsible for business development and marketing
• Ability to be responsible for engagement profitability including billings and collections