Assurance Manager
- Recruiter
- BDO Rise Pvt. Ltd.
- Location
- Bangalore City, Bangalore (IN), Ahmedabad, Gurgaon
- Salary
- As per industry Standards
- Posted
- 16 Nov 2021
- Closes
- 16 Dec 2021
- Approved employers
- Approved employer
- Job role
- Audit
- Sector
- Accounting - Public practice
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Qualified accountant, Manager
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.
- Applies a broad understanding of objectives and components of the overall control environment and organization, and supervisory controls
- Validates and assesses effectiveness of internal control over financial reporting
- Identifies and communicates to management and audit committee suggestions to improve client internal controls and accounting procedures
- Identify and delegates functions of the audit to the auditor in charge as deemed appropriate
- Supervise the work of audit team and review workpapers and conclusions preferably onsite during audit field work
- Provide on-the-job-training to the engagement staff during audit field work
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- Applies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles.
- Identifies and consults with clients on the impact of new accounting pronouncements
- Monitors and communicates important professional, industry pronouncements
- Presents and discusses alternative generally accepted accounting principles and arguments for/against such alternatives
- Drafts complex financial statements and related footnote disclosures and effectively communicates these to client
- Identifies complex accounting issues and forms and documents resolution, seeking counsel of BDO technical experts as needed
- SEC and PCAOB
- Applies knowledge and understanding of SEC regulations and PCAOB guidelines, and documents and communicates the application of these principles.
- Reviews SEC filings, including MD&A, financial statements and disclosures for appropriateness in form, content, completeness, and accuracy, and ensures that quarterly reviews are properly performed
- Reviews required communications to the client and Audit Committee, ensuring their completeness, accuracy and compliance with Firm and professional guidelines
- Reviews Section 404 internal control audit work all necessary checklists to ensure their completeness and compliance with Firm and professional guidelines
- Ensures compliance with engagement independence requirements and consults internally as needed
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- 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.
- Applies a thorough knowledge of professional standards/practices, including GAAS and PCAOB in performing and supervising work
- Provides guidance to others and affirms conclusions made by others
- 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, etc.
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- Applies knowledge and application of BDO standards that guide effective and efficient delivery of quality services and products.
- Conducts detailed review to assure audit is completed in accordance with assurance manual standards
- Prepares or reviews required communications to management and audit committees, ensuring timeliness and completeness
- 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 including but not limited to proper archiving procedures
- Considers Sarbanes-Oxley rules in understanding and executing service plans for combined 404 and financial statement audits for public clients
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- Applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a target issue based on that information.
- Defines methodology to conduct research projects and completes in a timely manner
- Applies comprehensive knowledge of all appropriate research tools and draws conclusions based upon appropriate research
- Prepares memo supporting research/conclusions and consults with others if appropriate
- Presents issues to RTD or concurring reviewer effectively and accurately
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- Responsible for supervision of Associates and Senior Associates on all projects
- Review work prepared by Associates and Senior Associates and provide review comments
- Act as a Career Advisor to Associates and Senior Associates
- Schedule and manage workload of Associates and Senior Associates
- Provide verbal and written performance feedback to Associates and Senior Associates
- Teach/coach Seniors and Associates to provide on the job learning
- Other duties as required
- ACCA members with bachelors in Accounting or equivalent required
- ACCA members with MBA/Masters degree in Accountancy preferred
- Nine (9) or more years prior work experience in public accounting required
- Prior significant supervisory experience.
- Experience in the use of various assurance applications and research tools as is appropriate for this level
- Microsoft Office Products, including Windows, Word, Excel, and PowerPoint
- N/A
- Sound GAAP and GAAS knowledge
- Familiarity with SEC and PCAOB reporting rules
- Possess proven solid verbal and written communication skills
- Possess excellent people development and delegation skills, including training/instruction and engagement scheduling and budgeting
- Possess executive presence - need to be able to be primary contact for the client, prepare and present presentations to clients and potential clients
- Possess client development/relationship-building skills
- Possess solid decision-making skills
- Able to resolve complex accounting issues
- Able to be responsible for business development and marketing
- Able to be responsible for engagement profitability including billings and collections.