Senior Associate/ Senior Assistant / Assistant manager - Assurance

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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  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.
• 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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  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.
• 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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  Methodology

   

  • 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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  Research

   

• 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
• Supervisory Responsibilities

   

  • 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
  Education:

   

  • ACCA Affiliate or member with bachelors in Accounting or equivalent required
  • ACCA Affiliate or member with  MBA/Masters degree in Accountancy preferred
  Experience:

   

  • 1 - 9 years prior work experience in public accounting required
  • Prior significant supervisory experience
  Software:

   

  • 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.
  Other Knowledge, Skills & Abilities:

   

  • 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.