Assurance Director

Job Description

The Assurance Director title is reserved for professionals who achieve recognition in a technical area of assurance and risk management. The person is qualified to perform certain limited yet critical additional technical functions as an Engagement Director or as a Concurring Reviewer.

• Business Acumen
  • Able to apply knowledge of business functions, processes and strategies to provide services, solutions and advice that consider and improve the organization as a whole.
  • Ability to understand core business operations and structure of various businesses.
  • Demonstrates advanced knowledge of business issues, trends and industry economics.
  • Identifies and discusses key financial and non‑financial performance measures.
  • Demonstrates ease with client communications.
• Technical Roles a Director May Perform
  • When functioning as Engagement Director:
    • May sign audit, review and compilation reports related to these engagements, and prepare engagement letters and other correspondence.
    • Requires written pre‑approval by the Client Service Assurance Partner, the Practice Region RTD and RBLL, and the Practice Office OBLL for the specific assignment.
    • Must demonstrate requisite industry experience for the specific engagement.
    • The engagement must not be designated as requiring an IQCR Review in accordance with the BDO Assurance Manual and must not be associated with a public company for a foreseeable future of at least two years.
    • The final review of only the financial statements and MRC must be performed by an Assurance Partner.
    • When functioning as Concurring Reviewer on a sensitive but non‑public engagement:
      • Written pre‑approval must be obtained from the Practice Region RTD, RBLL, and the Practice Office OBLL.
      • Must demonstrate requisite industry experience for the engagement.
      • Must not be associated with or expected to be associated with a public company for a foreseeable future of at least two years.
      • Must not have worked on the engagement in another capacity for the prior two‑year period and is prohibited from performing work on the engagement in other capacities.
  • Other Technical Responsibilities:
    • Provide expert GAAP and GAAS technical advice and manage specialized assurance expertise.
    • Ensure compliance with SEC reporting rules when required by specialization.
• GAAP
  • Has advanced knowledge of governing principles, applying those principles to client transactions, and documenting and communicating an understanding of these principles.
• Control Environment
  • Has a general understanding of the collective effect of various factors on establishing, enhancing, or mitigating the effectiveness of specific policies and procedures.
  • Ability to identify critical control points, document and validate the internal control system, and assess its effectiveness.
  • Provides constructive suggestions to improve client internal controls and accounting procedures.
• GAAS
  • Has advanced knowledge of professional standards and application of the principles contained in professional standards.
  • Ability to teach others GAAS procedures and provide guidance, affirming conclusions made by others.
• Supervisory Responsibilities
  • Review work prepared by associates, senior associates, and managers, and provide review comments as appropriate.
  • Act as a career advisor for associates, senior associates, and managers as assigned.
  • Provide verbal and written performance reviews to associates, senior associates, and managers.
• Other Duties
  • Other duties as required.

• Education
  • Bachelor’s degree required; major in Accounting, Finance, Economics, or Statistics preferred.
  • Master’s degree in Accountancy preferred.
• Experience
  • Eight (8) or more years of prior relevant audit experience and/or public accounting, private industry accounting, or consulting/professional services experience.
  • Prior significant supervisory experience.
  • Industry expertise in one or more assurance specialties preferred.
• License/Certifications
  • Active licensed US CPA, or recognized active International Equivalent or unique qualification as defined by BDO’s Assurance Licensing Policy.
  • If holding an international equivalent or unique qualification, must obtain an active US CPA license within the approved…