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BDO USA

Assurance Manager

BDO USA, Columbus, Ohio, United States, 43224

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Overview

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Assurance Manager

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BDO USA . JOB DESCRIPTION The Assurance Manager is responsible for supervising, directing, and reviewing the results through the delegation of tasks throughout the planning, field work and “wrap-up” stages of an Audit client engagement. In this role, the Assurance Manager is charged with marketing, networking, and business development within an area of expertise, as well as the responsibility of ensuring engagement profitability involving billings and collections. Traditionally responsibilities of the Assurance Manager will include advising the client on various economic and regulatory risks within their industry, resolving complex accounting issues, applying GAAP and GAAS consistently within complex situations, writing technical consultation memos on GAAP / GAAS issues, and documenting, validating, testing, and assessing various financial reporting control systems.

Job Duties

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

Control Environment: Applies a broad understanding of objectives and components of the overall control environment and organization, and supervisory controls

Control Environment: Validates and assesses effectiveness of internal control over financial reporting

Control Environment: Identifies and communicates to management and audit committee suggestions to improve client internal controls and accounting procedures

Control Environment: Identify and delegates functions of the audit to the auditor in charge as deemed appropriate

Control Environment: Supervise the work of audit team and review workpapers and conclusions preferably onsite during audit field work

Control Environment: Provide on-the-job-training to the engagement staff during audit field work

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

GAAP: Identifies and consults with clients on the impact of new accounting pronouncements

GAAP: Monitors and communicates important professional, industry pronouncements

GAAP: Presents and discusses alternative generally accepted accounting principles and arguments for/against such alternatives

GAAP: Drafts complex financial statements and related footnote disclosures and effectively communicates these to client

GAAP: 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

SEC and PCAOB: Reviews SEC filings, MD&A, financial statements, and disclosures for form, content, completeness, and accuracy

SEC and PCAOB: Reviews required communications to the client and Audit Committee for completeness, accuracy, and compliance with Firm guidelines

SEC and PCAOB: Reviews Section 404 internal control audit work and checklists for completeness and compliance

SEC and PCAOB: Ensures engagement independence requirements are met

GAS: Applies knowledge and understanding of professional standards, including GAAS and PCAOB, in performing and supervising work

GAS: Provides guidance to others and affirms conclusions made by others

GAS: Communicates matters required to be reported to the Audit Committee/Board and those charged with governance

GAS: Applies efficiency tools such as statistical sampling, CAATS, etc.

Methodology: Applies knowledge and application of BDO standards that guide effective and efficient delivery of quality services and products

Methodology: Conducts detailed review to ensure audit is completed per assurance manual standards

Methodology: Prepares or reviews required communications to management and audit committees

Methodology: Recommends appropriate outcomes to critical issues

Methodology: Initiates and prepares client acceptance/retention procedures where appropriate

Methodology: Plans the audit process and oversees execution of procedures with quality and timeliness

Research: Applies methodology to seek or maintain information from authoritative sources and draw conclusions

Supervisory Responsibilities: Supervises Associates and Senior Associates, reviews their work, and coaches for development

Qualifications, Knowledge, Skills and Abilities

Bachelor’s degree, required; major in Accounting, Finance, Economics or Statistics preferred

Master’s degree in Accountancy, preferred

Five (5) or more years of prior relevant audit experience and/or public accounting, private industry accounting or consulting/professional services experience, required

Prior significant supervisory experience, required

Industry expertise in one or more assurance specialty, preferred

Active licensed US CPA, recognized active international equivalent or defined by BDO’s Assurance Licensing Policy, required

If active international equivalent, required to obtain an active US CPA license within defined timeframe

Proficient with Microsoft Office; experience with assurance applications and research tools preferred

Experience

Five (5) or more years of relevant audit experience and supervisory experience required

License/Certifications

Active licensed US CPA, recognized active International Equivalent or equivalent as defined by policy, required

If international equivalent, required to obtain US CPA within the defined timeframe

Software

Proficient with the Microsoft Office Suite; experience with assurance applications and research tools preferred

Language

N/A

Other Knowledge, Skills & Abilities

Sound GAAP and GAAS knowledge

Familiarity with SEC and PCAOB reporting rules

Strong verbal and written communication skills

People development and delegation skills; experience with engagement scheduling and budgeting

Executive presence and ability to be primary client contact

Client development/relationship-building skills

Strong decision-making abilities

Ability to resolve complex accounting issues

Ability to be responsible for business development and marketing

Ability to manage engagement profitability including billings and collections

Equal Opportunity Employer, including disability/vets. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.

Employment type

Full-time

Seniority level

Mid-Senior level

Job function

Finance and Accounting/Auditing

Industries

Accounting

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