Assurance Senior Manager, Non-Profit

About the role

The Assurance Senior Manager, Non-Profit will develop suggestions to improve client internal controls and accounting procedures. They will advise clients on economic and regulatory risks, identify financial and non-financial performance measures, formulate and communicate audit plans, answer complex GAAP and GAAS questions, and compose technical consultation memos on GAAP/GAAP issues.

Responsibilities

• Applies advanced knowledge and understanding of the collective effect of various factors on establishing or enhancing effectiveness, or mitigating the risks, of specific policies and procedures
• Validates and assesses effectiveness of internal control over financial reporting and over compliance in an audit performed in accordance with government auditing standards
• Identifies and communicates to management and audit committee results of the annual audit and makes suggestions to improve client internal controls and accounting procedures
• Identifies and delegates functions of the audit to the auditor in charge as deemed appropriate
• Supervises the work of the audit team and reviews workpapers and conclusions during audit field work
• Provides on-the-job-training to the engagement staff during audit field work
• Applies advanced knowledge of GAAP, not-for-profit industry specific issues and understanding of Government Auditing Standards; applies these principles to client transactions; and documents and communicates an understanding and application of these principles
• Identifies and consults with clients on the impact of new or recently issued accounting pronouncements
• Presents and discusses alternative application of generally accepted accounting principles and arguments for/against such alternatives
• Drafts complex financial statements and related footnote disclosures and effectively communicates these to the client
• Identifies complex accounting issues and forms and documents resolution, seeking counsel of BDO technical experts as needed
• Considers Uniform Guidance rules in understanding and executing financial statement audits under Government Auditing Standards
• Applies advanced 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
• Applies advanced knowledge of professional standards/practices, including GAAS and GAGAS in performing and supervising work
• 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, Advanced Data Analytics, etc.
• Learns and then applies advanced knowledge and application of BDO standards, policies and technology that guide effective and efficient delivery of quality services and products
• Conducts detailed reviews to assure audit is completed in accordance with BDO’s assurance manual standards
• Prepares or reviews required communications to management and audit committees, ensuring timeliness and completeness
• Concludes and 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 throughout the audit and through proper archiving procedures
• Researches and applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a targeted issue based on that information
• Defines the team’s approach to conducting research projects and ensures their timely completion
• Prepares memo supporting research/conclusions and consults with others if appropriate
• Presents issues to the National Regional Technical Principle or concurring reviewer effectively and accurately

Qualifications, Knowledge, Skills and Abilities

• Bachelor’s or Master’s degree in Accounting, required
• MBA/Masters in Accountancy, preferred
• Seven (7) years of work experience, required
• Significant supervisory experience, required
• CPA, required
• Proficient in the use of Microsoft Office Products, including Windows, Word, Excel, and PowerPoint, required
• Proficient in the use of various assurance applications and research tools, preferred
• Ability to demonstrate strong leadership skills, and be a role model to managers and staff
• Advanced GAAP, GAS and GAAS knowledge
• Strong working knowledge of the Uniform Guidance
• Excellent verbal and written communication skills
• Excellent people development and delegation skills, including training/instruction and engagement budgeting
• Executive presence with the ability to act as the primary contact for clients, as well as prepare and present presentations to clients and potential clients
• Excellent client development/relationship-building skills
• Excellent decision-making skills
• Ability to take charge of an entire engagement
• Ability to research and resolve complex accounting issues
• Able to promote the use of all BDO client service specialties/offerings, including BDO International and the BDO Alliance
• Able to be responsible for engagement profitability, including billings and collections, and maintaining engagement team focus on productivity and efficiency

Pay

NYC/Long Island/Westchester Range: $140,000 - $165,000

Schedule

N/A