Assurance Experienced Senior

BDO USA, LLP Assurance Experienced Senior Philadelphia , Pennsylvania Apply Now

Reference #: 5269Job Summary:The Assurance Experienced 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.

Job Duties:Control EnvironmentApplies knowledge and understanding of the collective effect of various factors on establishing or enhancing effectiveness, or mitigating the risks, of specific policies and procedures.As Auditor in charge is responsible to the engagement manager for the day-to-day conduct of the audit work and in particular for ensuring that the field work is executed and completed as planned, in accordance with timetable, with Firm's policies and procedures and to budgetApplies knowledge of transactional flow and key transactional cycles to complete audit workDocuments, validates, and assesses effectiveness of internal control systemDetermines and communicates improvements to client internal controls and accounting proceduresSupervise the work of audit staff and review workpapers and conclusions and explaining any shortcomings to themGAAPApplies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles.Understand and effectively communicate financial statement disclosure requirements to clientsIdentifies and applies new pronouncements to client situationsIdentifies, analyzes, and discusses alternative generally accepted accounting principles for the client, when necessary, with the Manager, Senior Manager and engagement partnerIdentifies complex accounting issues and brings them to the attention of superiors for resolutionSEC and PCAOBApplies knowledge and understanding of SEC regulations and PCAOB guidelines, and documents and communicates the application of these principles.Reads and reviews clients' SEC filings, ensuring accuracy and completeness, and also ensuring all financial information is supported in the workpapers and appropriately testedPrepares required communications to the Client and the Audit CommitteePlans and executes Section 404 internal control audit including obtaining an understanding of the control environment, designing test plans, evaluating deficiencies, and assessing the overall financial reporting control environment.GAASApplies 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.Formulates and communicates the audit planApplies GAAS to a variety of complex issues and consults others as appropriateApplies of audit skepticism and determines when to reduce or expand testingUses BDO audit manuals as appropriate for the situationDocuments deviations from BDO policy with approvalLook for opportunities to suggest improvement to company's internal controls and prepare draft communication required by professional standards.MethodologyApplies knowledge and application of BDO standards that guide effective and efficient delivery of quality services and products.Applies BDO audit approach and methodologies, including tools and technology, to execute the audit with quality, efficiency, and completeness despite pressures of deadlinesIdentifies and proposes outcomes to critical issuesResearchApplies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a target issue based on that information.Applies knowledge of the use of internal and external research tools and selects methodology for routine research requestsResearches more complex areas of accounting and forms an initial opinion on the correct treatment independently and considers and documents the impact on the client and audit engagementDocuments and organizes 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 sufficient appropriate information about the business and information system, including the accounting system, to form an adequate basis for the preparation of the audit strategy

Project ManagementCoordinate timing of planning, fieldwork, and review with audit team and client and assist engagement executives in developing the audit engagement budget and identify appropriate resources.Develop the draft Audit Engagement Planning Memorandum, audit programs and budgetsEstablish with the engagement manager the responsibilities of individual audit staff for specific areas of audit workMonitor and report engagement budget to actual and advise engagement executives of possible overrunsOther duties as requiredSupervisory Responsibilities:Supervise a team of audit professionals ranging in size from 1 to 5Provide verbal and written performance feedback to associatesTeach/coach associates to provide on the job learningQualifications, Knowledge, Skills and Abilities: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, preferredExperience:Three (3) or more years of prior relevant audit experience and/or public accounting, private industry accounting or consulting/professional services experience, requiredPrior basic supervisory experience, preferredLicense/Certifications:Eligible to sit for the CPA exams upon starting employment, required, and actively pursuing completion of the exams, requiredCPA, preferredSoftware:Proficient with Microsoft Office Suite, preferredExperience with assurance applications and research tools, preferredLanguage:N/AOther Knowledge, Skills & Abilities:Possess proven solid verbal and written communication skillsPossess people development and delegation skillsPossess executive presence - needs to be able to be primary contact for the clientAbility to "in-charge" all stages of the audit, including planning, fieldwork, and "wrap-up"Ability to perform the completion of an audit of a complex companyAbility to prepare and/or review financial statements with disclosures in accordance with GAAP requirements.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.California Range: $87,000 - $130,000Colorado Range: $82,000 - $110,000NYC/Long Island/Westchester Range: $80,000 - $115,000Washington Range: $80,000 - $105,000

All qualified applicants will receive consideration for employment without regard to race, age, color, religion, sex, national origin, disability, protected veteran status, or any other classification protected by law.