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 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 is also responsible for acting 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 reduces 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 brings 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:
- Cooking 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
- 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
- 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
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
- Utilizing of internal and external research tools and selecting methodology for routine research requests
- Utilizing of internal and external research tools and selecting methodology for routine research requests
Other duties as required: Supervises the work assignments of Audit Associates
Qualifications
- 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
Skills and Abilities
- 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 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)
- Experience with assurance applications and research tools, preferred
- Software proficiency with the Microsoft Office Suite, preferred
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