Assurance Experienced Manager

Job Summary:

The Assurance Experienced Manager is responsible for supervising, directing, and reviewing the results through the delegation of tasks throughout the planning, field work and “wrap-up” stages of an Audit client engagement.  In this role, the Assurance Experienced Manager is charged with marketing, networking, and business development within an area of expertise, as well as the responsibility of ensuring engagement profitability involving billings and collections.

Traditionally responsibilities of the Assurance Experienced Manager will include advising the client on various economic and regulatory risks within their industry, resolving complex accounting issues, apply GAAP and GAAS consistently within complex situations, writing technical consultation memos on GAAP / GAAS issues, and documenting, validating, testing, and assessing various financial reporting control systems.

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

Applies a broad understanding of objectives and components of the overall control environment and organization, and supervisory controls Validates and assesses effectiveness of internal control over financial reporting Identifies and communicates to management and audit committee suggestions to improve client internal controls and accounting procedures

Identify and delegates functions of the audit to the auditor in charge as deemed appropriate

Supervise the work of audit team and review work papers and conclusions preferably onsite during audit field work Provide on-the-job-training to the engagement staff during audit field workGAAP:

Applies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles

Identifies and consults with clients on the impact of new accounting pronouncements

Monitors and communicates important professional, industry pronouncements

Presents and discusses alternative generally accepted accounting principles and arguments for/against such alternatives

Drafts complex financial statements and related footnote disclosures and effectively communicates these to client

Identifies complex accounting issues and forms and documents resolution, seeking counsel of BDO technical experts as neededSEC and PCAOB:

Applies knowledge and understanding of SEC regulations and PCAOB guidelines, and documents and communicates the application of these principles

Reviews SEC filings, including MD&A, financial statements, and disclosures for appropriateness in form, content, completeness, and accuracy, and ensures that quarterly reviews are properly performed

Reviews required communications to the client and Audit Committee, ensuring their completeness, accuracy, and compliance with Firm and professional guidelines

Reviews Section 404 internal control audit work all necessary checklists to ensure their completeness and compliance with Firm and professional guidelines

Ensures compliance with engagement independence requirements and consults internally as neededGAAS:

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

Applies a thorough knowledge of professional standards/practices, including GAAS and PCAOB in performing and supervising work Provides guidance to others and affirms conclusions made by others

Communicates matters required to be reported to the Audit Committee/Board and those charged with governance

Applies the use of efficiency tools such as statistical sampling, CAATS, etc.

Methodology:

Applies knowledge and application of BDO standards that guide effective and efficient delivery of quality services and products

Conducts detailed review to assure audit is completed in accordance with assurance manual standards

Prepares or reviews required communications to management and audit committees, ensuring timeliness and completeness

Recommends appropriate outcomes to critical issues

Initiates and prepares client acceptance/retention procedures where appropriate

Plans the audit process and oversees the execution of procedures with quality, efficiency, and completeness despite pressures of deadlines.

Executes proper BDO…