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 questions involving GAAP and GAAS, 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
• 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

• 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

Skills and Abilities

• Strong leadership skills
• Advanced GAAP, GAS and GAAS knowledge
• 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

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

About Us

Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization. BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions. We Are 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 clientsEmpowering team members to explore their full potentialOur talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunitiesCelebrating ingenuity and innovation to transform our business and help our clients transform theirsFocus on resilience and sustainability to positively impact our people, clients, and communitiesBDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more! Benefits may be subject to eligibility requirements. Equal Opportunity Employer, including disability/vets Click here to find out more! All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status. "BDO USA, P.A. is an EO employer M/F/Veteran/Disability"