Assurance Senior – Asset Management
BDO
- New York City, NY
- Permanent
- Full-time
- 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 by:
- Applies knowledge of transactional flow and key transactional cycles to complete audit work
- Documents, validates and assesses the design and operating effectiveness of the clients' internal control system
- Identifies and communicates suggested improvements to client internal controls and accounting procedures in an effort to reduces risk within the client organization
- Supervises and reviews the work of audit staff
- GAAP
- 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
- SEC and PCAOB
- 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 workpapers 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
- GAAS
- 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
- Methodology
- 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
- Research
- 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 of 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
- Provides verbal and written performance feedback to Audit Associates
- Supervises the work assignments of Audit Associates within assigned engagement team
- Bachelor's degree in Accounting, required
- Master's degree in Accountancy, preferred
- Two (2) or more years of experience in auditing asset managers/onshore/offshore fund vehicles and have gained experience in industry relevant regulations, required
- One (1) or more years of prior supervisory experience, preferred
- CPA, preferred
- Actively pursuing completion of CPA licensing, required
- Proficiency in Microsoft Office Suite, specifically Word, Excel, and PowerPoint. preferred
- Prior experience with various assurance applications and research tools, preferred
- N/A
- Solid understanding and experience planning and coordinating the stages to perform an audit of a basic public and/or private company
- Knowledge of internal accounting controls and professional standards and regulations (GAAP, GAAS, Sarbanes-Oxley, etc)
- Strong verbal and written communication skills with the ability to adapt style and messaging to effectively communicate with professionals at all levels both within the client organization and the firm
- Ability to successfully multi-task while working independently and within a group environment
- Superior analytical and diagnostic skills and ability to break down complex issues and implementing appropriate resolutions
- Capable of working in a demanding, deadline driven environment with a focus on details and accuracy
- Solid project management skills
- Welcoming diverse perspectives and understanding the experience of our professionals and clients
- Empowering team members to explore their full potential
- Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities
- Celebrating ingenuity and innovation to transform our business and help our clients transform theirs
- Focus on resilience and sustainability to positively impact our people, clients, and communities