Assurance Senior

About the role

The Assurance Senior 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 is also responsible for acting as the client contact for basic questions and information and may be involved in reviews and agreed-upon procedure engagements.

Control Environment

• Apply 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
• Document, validate and assess the design and operating effectiveness of the clients' internal control system
• Identify and communicate suggested improvements to client internal controls and accounting procedures in an effort to reduce risk within the client organization
• Supervise and review the work of audit staff

GAAP

• Apply 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
• Draft complex sets of financial statements with disclosures
• Recognize and apply new pronouncements to client situations
• Identify, analyze and discuss alternative generally accepted accounting principles with the Manager, Senior Manager and engagement partner and the client, as needed
• Identify complex accounting issues and bring them to the attention of superiors for resolution
• Coach less experienced team members in new areas

SEC and PCAOB

• Apply knowledge and understanding of SEC regulations and PCAOB guidelines, and document and communicate 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
• Prepare required communications to the Client and the Audit Committee
• Plan and execute 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

• Apply 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
• Apply GAAS to a variety of complex issues and consult others as appropriate
• Employ audit skepticism and determine when to reduce or expand testing
• Utilize BDO audit manuals as appropriate for the situation
• Document deviations from BDO policy, with approval

Methodology

• Apply 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
• Apply BDO audit approach and methodologies, including tools and technology, to execute the audit
• Identify and propose outcomes to critical issues

Research

• Utilize internal and external research tools and select methodology for routine research requests
• Research 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
• Document and organize complicated findings in a usable format, based on information obtained from Accounting Research Manager, BDO Assurance Manual, Yahoo Finance, etc.
• Assist 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
• Develop the draft Audit Engagement Planning Memorandum, audit programs and budgets
• Collaborate with the engagement manager to establish the responsibilities of individual audit staff for specific areas of audit work
• Perform other duties as required

Supervisory Responsibilities

• Provide verbal and written performance feedback to Audit Associates
• Supervise the work assignments of Audit Associates within assigned engagement team

Qualifications

Education

• 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

Experience

• 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

License/Certifications

• Eligible to sit for the CPA exams upon starting employment, required and actively pursuing completion of the exams, required
• CPA, preferred

Software Proficiency

• Proficiency with the Microsoft Office Suite, preferred
• Experience with assurance applications and research tools, preferred

Skills

• 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
• Ability to successfully multi-task while working independently and within a group environment
• Superior analytical and diagnostic skills and ability to break down complex issues and implement appropriate resolutions
• Ability to work in a demanding, deadline driven environment with a focus on details and accuracy
• 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