Assurance Senior Associate, Non-Profit & Healthcare

Job Summary:

The Assurance Senior Associate, Non-Profit & Healthcare will coordinate the 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 various control systems. The role also serves as the client contact for basic questions and information, helps train staff, and acts as the main liaison with BDO RISE.

• Control Environment
• Applies knowledge and understanding of the collective effect of factors on establishing or enhancing effectiveness, or mitigating risks, of specific policies and procedures
• Applies knowledge of transactional flow and key transactional cycles to complete audit work
• Documents, validates and assesses the design and operating effectiveness of the client s internal control system
• Identifies and communicates suggested improvements to client internal controls and accounting procedures to reduce risk within the client organization
• Provides on-the-job training to the engagement staff during audit field work and supervises and reviews the work of the audit staff

• GAAP
• Applies knowledge and understanding of accounting principles; applies these principles to client transactions; documents and communicates understanding and application of these principles
• Communicates financial statement disclosure requirements to clients
• Drafts complex sets of financial statements with disclosures
• Recognizes and applies new pronouncements to client situations
• Identifies, analyzes and discusses alternative generally accepted accounting principles with the engagement management team and the client, as needed
• Identifies complex accounting issues and brings them to the attention of superiors for resolution
• Coaches less experienced team members in new areas
• Considers Uniform Guidance rules in understanding and executing financial statement audits under Government Auditing Standards

• GAAS
• Applies knowledge and understanding of professional standards; documents and communicates 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
• Employs audit skepticism and determines when to reduce or expand testing
• Utilizes BDO audit manual as appropriate for the situation
• Documents deviations from BDO policy, with approval

• Methodology
• Applies knowledge and application of the BDO audit manual to guide effective and efficient delivery of quality services and products
• Coordinates the day-to-day conduct of the audit plan by ensuring field work is executed and completed as planned, in accordance with timetable, with Firm s policies and procedures, and tracks budget to actual; notifies the engagement management team early of expected budget variance
• Applies BDO audit approach and methodologies, including tools and technology, to execute the audit and ensure proper archiving procedures
• Identifies and proposes outcomes to critical issues

• Research
• Seeks information from authoritative sources and draws conclusions regarding a target issue
• Utilizes internal and external research tools for documenting issues, approaches and conclusions
• Researches complex areas of accounting, forming an initial opinion on the correct treatment independently while considering the impact on the client audit engagement
• Assists the engagement manager with gathering information about the business and information system, including the accounting system, to form an adequate basis for the audit strategy
• Drafts the Audit Planning Document and utilizes APT Next Gen to create audit programs
• Collaborates with the engagement manager to establish responsibilities of individual audit staff for specific areas of audit work

• Supervisory Responsibilities:
• Provides verbal and written performance feedback to Audit Associates
• Supervises the work assignments of Audit Associates within the assigned engagement team

• Education:
• Bachelor s degree in Accounting, required
• Master s degree in Accountancy, preferred

• Experience:
• Three (3) or more years of prior…