Assurance Senior Associate, Non-Profit & Healthcare

About the role

The Assurance Senior Associate, Non-Profit & Healthcare will be responsible for coordinating the day-to-day "in-charge" duties of planning, fieldwork, and "wrap-up" to include the preparing of financial statements with disclosures, applying most areas of GAAP as necessary and documenting, validating, testing, and assessing various control systems. This position will also be responsible for acting as the client contact for basic questions and information. Additionally, the individual in this role will help train staff and be the main liaison with BDO RISE.

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 by:
  • Applies knowledge of transactional flow and key transactional cycles to complete audit work
  • Documents, validates and assesses the design and operating effectiveness of the clients’ internal control system
  • Identifies and communicates suggested improvements to client internal controls and accounting procedures in an effort to reduces risk within the client organization
  • Provides on-the-job-training to the engagement staff during audit field work as well as supervise and review the work of the audit staff
• Applies knowledge and understanding of accounting principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles by:
  • Communicates financial statement disclosure requirements to clients
  • Drafts complex sets of financial statements with disclosures
  • Recognizes and applies new pronouncements to client situations
  • Identifies, analyzes and discusses alternative generally accepted accounting principles with the engagement management team and the client, as needed
  • Identifies complex accounting issues and brings them to the attention of superiors for resolution
  • Counsels less experienced team members in new areas
• 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 by:
  • Formulates and communicates the audit plan
  • Applies GAAS to a variety of complex issues and consults others as appropriate
  • Utilizes audit skepticism and determines when to reduce or expand testing
  • Utilizes BDO audit manual as appropriate for the situation
  • Documents deviations from BDO policy, with approval
• Applies knowledge and application of BDO audit manual to guide effective and efficient delivery of quality services and products by:
  • Coordinates the day-to-day conduct of the audit plan by ensuring the field work is executed and completed as planned, in accordance with timetable established, with Firm’s policies and procedures and tracks budget to actual and notifies the engagement management team early of expected budget variance
  • Applies BDO audit approach and methodologies, including vast BDO tools and technology available, to execute the audit and through proper archiving procedures
  • Identifies and proposes outcomes to critical issues
  • Researches complex areas of accounting, forming an initial opinion on the correct treatment independently while considering and documenting the impact on the client audit engagement
  • Drafts the Audit Planning Document and utilizes APT Next Gen to create audit programs
  • Supervises the work assignments of Audit Associates within assigned engagement team

Qualifications

• Bachelor's degree in Accounting, required
• Master's degree in Accountancy, preferred
• Three (3) or more years of prior experience in public accounting, required
• One (1) or more years of prior supervisory experience, preferred
• One (1) or more years of relevant experience in the healthcare industry, preferred
• One (1) or more years of nonprofit audit experience, preferred
• CPA, preferred
• Actively pursuing completion of CPA licensing requirements, preferred
• Proficient in the use of Microsoft Office Suite, specifically Word, Excel and PowerPoint, preferred
• Prior experience with various assurance applications and research tools beneficial, preferred

Skills

• Solid understanding and ability to plan and coordinate the stages to perform an audit of a basic private company
• Knowledge of internal accounting controls and professional standards and regulations (GAAP and GAAS, etc.)
• Strong verbal and written communication skills with the ability to adapt style and messaging to effectively communicate with professionals at all levels both within the client organization and BDO
• Superior analytical and diagnostic skills and ability to break down complex issues and implementing appropriate resolutions
• Capable of working in a demanding, deadline driven environment with a focus on details and accuracy
• Solid project management skills

Benefits

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography. BDO is committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on welcoming diverse perspectives and understanding the experience of our professionals and clients. Empowering team members to explore their full potential, our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities, celebrating ingenuity and innovation to transform our business and help our clients transform theirs, focusing on resilience and sustainability to positively impact our people, clients, and communities, BDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more!