Assurance Senior

About the role

The Assurance Senior will coordinate the day-to-day "in-charge" duties of planning, fieldwork and "wrap-up" to include preparing financial statements with disclosures, applying most areas of GAAP as necessary and documenting, validating, testing and assessing various control systems. This position acts as the client contact for basic questions and information and may be involved in reviews and agreed-up-on procedure engagements.

Responsibilities

• Control Environment: 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:

  • Applying knowledge of transactional flow and key transactional cycles to complete audit work
  • Documenting, validating and assessing the design and operating effectiveness of the clients’ internal control system
  • Identifying and communicating suggested improvements to client internal controls and accounting procedures in an effort to reduce risk within the client organization
  • Supervising and reviewing the work of audit staff

• Gaap: Applies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles by:

  • Communicating financial statement disclosure requirements to clients
  • Drafting complex sets of financial statements with disclosures
  • Recognizing and applying new pronouncements to client situations
  • Identifying, analyzing and discussing alternative generally accepted accounting principles with the Manager, Senior Manager and engagement partner and the client, as needed
  • Identifying complex accounting issues and bringing them to the attention of superiors for resolution

• SEC And PCAOB: Applies knowledge and understanding of SEC regulations and PCAOB guidelines, and documents and communicates the application of these principles by:

  • Reading and reviewing clients’ SEC filings, ensuring accuracy and completeness, and also ensuring that all financial information is documented in the workpapers and through appropriate testing
  • Preparing required communications to the Client and the Audit Committee
  • Planning and executing Section 404 internal control audits including obtaining an understanding of the control environment, designing test plans, evaluating deficiencies and assessing the overall financial reporting control environment

• Gaas: 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:

  • Formulating and communicating the audit plan
  • Employing audit skepticism and determining when to reduce or expand testing
  • Utilizing BDO audit manuals as appropriate for the situation
  • Documenting deviations from BDO policy, with approval

• Methodology: Applies knowledge and application of BDO standards to guide effective and efficient delivery of quality services and products by:

  • Coordinating the day-to-day conduct of the audit plan by ensuring the field work is executed and completed as planned, in accordance with timetable, with Firm’s policies and procedures and within budget
  • Employing audit skepticism and determining when to reduce or expand testing
  • Utilizing BDO audit approach and methodologies, including tools and technology, to execute the audit
  • Identifying and proposing outcomes to critical issues

• Research: Applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a target issue based on the information by:

  • Utilizing of internal and external research tools and selecting methodology for routine research requests
  • Researching complex areas of accounting, forming an initial opinion on the correct treatment independently and considering and documenting the impact on the client and audit engagement
  • Documenting and organizing complicated findings in a usable format, based on information obtained from Accounting Research Manager, BDO Assurance Manual, Yahoo Finance, etc.
  • Assisting the engagement manager with gathering appropriate information about the business and information system, including the accounting system, to form an adequate basis for the preparation of the audit strategy
  • Developing the draft Audit Engagement Planning Memorandum, audit programs and budgets

• Other duties as required: Provides verbal and written performance feedback to Audit Associates; supervises the work assignments of Audit Associates within assigned engagement team.

Qualifications, Knowledge, Skills and Abilities

• Bachelor’s degree in Accounting, Finance, Economics, or Statistics, required OR Bachelor’s degree in other focus area and CPA certification, required
• Master’s degree in Accountancy, preferred
• Two (2) or more years of prior relevant audit experience and/or public accounting, private industry accounting or consulting/professional services experience, required
• Prior basic supervisory experience, preferred
• Eligible to sit for the CPA exams upon starting employment, required and actively pursuing completion of the exams, required
• CPA, preferred
• Software proficiency with the Microsoft Office Suite, preferred
• Experience with assurance applications and research tools, preferred
• Solid understanding and experience planning and coordinating the stages to perform an audit of a basic public and/or private company
• Knowledge of internal accounting controls and professional standards and regulations (GAAP, GAAS, Sarbanes-Oxley, 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 the firm
• Superior analytical and diagnostic skills and ability to break down complex issues and implementing appropriate resolutions
• Solid project management skills

Pay

California Range: $88,000 - $105,000
Colorado Range: $80,000 - $85,000
Illinois Range: $82,000 - $90,000
Maryland Range: $78,000 - $93,000
Minnesota Range: $76,000 - $82,000
Massachusetts Range: $81,500 - $90,000
New Jersey Range: $80,000 - $95,000
NYC/Long Island/Westchester Range: $80,000 - $115,000
Ohio Range: $75,000 - $82,000
Virginia Range: $88,000 - $98,000
Washington Range: $82,000 - $95,000
Washington DC Range: $80,000 - $100,000