Assurance Senior - Asset Management

Job Duties

• 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 by:
  • Applying knowledge of transactional flow and key transactional cycles to complete audit work
  • Documenting, validating and assessing the design and operating effectiveness of the clients’ internal control system
  • Identifying and communicating suggested improvements to client internal controls and accounting procedures in an effort to reduce risk within the client organization
  • Supervising and reviewing the work of audit staff

• Applies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles by:
  • Communicating financial statement disclosure requirements to clients
  • Drafting complex sets of financial statements with disclosures
  • Recognizing and applying new pronouncements to client situations
  • Identifying, analyzing and discussing alternative generally accepted accounting principles with the Manager, Senior Manager and engagement partner and the client, as needed
  • Identifying complex accounting issues and brings them to the attention of superiors for resolution
  • Coaching less experienced team members in new areas

• Applies knowledge and understanding of SEC regulations and PCAOB guidelines, and documents and communicates the application of these principles by:
  • Reading and reviewing clients’ SEC filings, ensuring accuracy and completeness, and also ensuring that all financial information is documented in the work papers and through appropriate testing
  • Preparing required communications to the Client and the Audit Committee
  • Planning and executing Section 404 internal control audits including obtaining an understanding of the control environment, designing test plans, evaluating deficiencies and assessing the overall financial reporting control environment

• 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 by:
  • Formulating and communicating the audit plan
  • Applying GAAS to a variety of complex issues and consults others as appropriate
  • Employing audit skepticism and determining when to reduce or expand testing
  • Utilizing BDO audit manuals as appropriate for the situation
  • Documenting deviations from BDO policy, with approval

• Applies knowledge and application of BDO standards to guide effective and efficient delivery of quality services and products by:
  • Coordinating the day-to-day conduct of the audit plan by ensuring the field work is executed and completed as planned, in accordance with timetable, with Firm’s policies and procedures and within budget
  • Applying BDO audit approach and methodologies, including tools and technology, to execute the audit
  • Identifying and proposing outcomes to critical issues

• Applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a target issue based on the information by:
  • Utilizing internal and external research tools and selecting methodology for routine research requests
  • Researching complex areas of accounting, forming an initial opinion on the correct treatment independently and considering and documenting the impact on the client and audit engagement
  • Documenting and organizing complicated findings in a usable format, based on information obtained from Accounting Research Manager, BDO Assurance Manual, Yahoo Finance, etc.
  • Assisting the engagement manager with gathering appropriate information about the business and information system, including the accounting system, to form an adequate basis for the preparation of the audit strategy
  • Developing the draft Audit Engagement Planning Memorandum, audit programs and budgets
  • Collaborating with the engagement manager to establish the responsibilities of individual audit staff for specific areas of audit work
• Other duties as required