Job Summary:
The Assurance Experienced Senior Associate 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 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.
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 budget
Applies knowledge of transactional flow and key transactional cycles to complete audit work
Documents, validates, and assesses effectiveness of internal control system
Determines and communicates improvements to client internal controls and accounting procedures
Supervise the work of audit staff and review workpapers and conclusions and explaining any shortcomings to them
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.
Understand and effectively communicate financial statement disclosure requirements to clients
Identifies and applies new pronouncements to client situations
Identifies, analyzes, and discusses alternative generally accepted accounting principles for the client, when necessary, with the Manager, Senior Manager and engagement partner
Identifies complex accounting issues and brings them to the attention of superiors for resolution
SEC and PCAOB
Applies 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 tested
Prepares required communications to the Client and the Audit Committee
Plans 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.
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.
Formulates and communicates the audit plan
Applies GAAS to a variety of complex issues and consults others as appropriate
Applies of audit skepticism and determines when to reduce or expand testing
Uses BDO audit manuals as appropriate for the situation
Documents deviations from BDO policy with approval
Look for opportunities to suggest improvement to company's internal controls and prepare draft communication required by professional standards.
Methodology
Applies 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 deadlines
Identifies and proposes outcomes to critical issues
Research
Applies 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 requests
Researches 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 engagement
Documents 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 Management
Coordinate 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 budgets
Establish with the engagement manager the responsibilities of individual audit staff for specific areas of audit work
Monitor and report engagement budget to actual and advise engagement executives of possible overruns
Other duties as required
Supervisory Responsibilities:
Supervise a team of audit professionals ranging in size from 1 to 5
Provide verbal and written performance feedback to associates
Teach/coach associates to provide on the job learning
Qualifications, 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, preferred
Experience:
Three (3) or more years of prior relevant audit... For full info follow application link.
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.
