Assurance Senior - Asset Management & Financial Services

Overview

Job Summary: The Assurance Senior will coordinate day-to-day in-charge duties of planning, fieldwork and wrap-up, including preparing financial statements with disclosures, applying GAAP as necessary, and documenting, validating, testing and assessing internal control systems. This role may act as the client contact for basic questions and information and may be involved in reviews and agreed-upon procedure engagements.

• Applies knowledge of transactional flow and key transactional cycles to complete audit work and assess controls.
• Documents, validates and assesses the design and operating effectiveness of the client’s internal control system.
• Identifies and communicates improvements to client internal controls and accounting procedures to reduce risk.
• Supervises and reviews the work of audit staff.

• Delivers financial statement disclosures and drafts complex sets of financial statements with disclosures; recognizes and applies new pronouncements; discusses alternative GAAP approaches with the Manager, Senior Manager, engagement partner and client as needed.
• Identifies complex accounting issues and elevates them to superiors for resolution; coaches less experienced team members in new areas.

• Applies knowledge of SEC regulations and PCAOB guidelines; reads and reviews SEC filings, ensures accuracy and complete documentation in work papers and testing.
• Prepares required communications to the Client and the Audit Committee.
• Plans and executes Section 404 internal control audits, understanding the control environment, designing test plans, evaluating deficiencies and assessing the overall financial reporting control environment.

• Applies professional standards and documents understanding and application of GAAS on engagements.
• Forms and communicates audit plans, applies GAAS to complex issues, exercises audit skepticism and determines testing extent.
• Uses firm audit manuals as appropriate and documents deviations from policy with approval.

• Applies knowledge of BDO standards to guide delivery of quality services, coordinating audit field work with timelines, policies and within budget; applies audit approach and methodologies including tools and technology; identifies and proposes outcomes to critical issues.

• Uses internal and external research tools to inform routine research requests; investigates complex accounting areas, forms initial opinions on treatments and documents impacts on client and engagement.
• Organizes findings for use in audit strategy; assists engagement manager with gathering information about the business and accounting system; develops the draft Audit Engagement Planning Memorandum and budgets; collaborates to assign responsibilities to staff.

• Provides verbal and written performance feedback to Audit Associates; supervises the work assignments of Audit Associates within the engagement team.