Assurance Experienced Senior - Healthcare

Overview

This role is responsible for coordinating the day-to-day “in-charge” duties of planning, fieldwork, and “wrap-up,” including preparing financial statements with disclosures. The position applies GAAP as necessary and documents, validates, tests, and assesses internal control systems. It also serves as a client contact for basic questions and information and may participate in reviews and agreed-upon procedure engagements.

Responsibilities

Control Environment

• Applies knowledge of how factors affect the effectiveness of policies and procedures, including risk mitigation
• Acts as Auditor in charge and is responsible to the engagement manager for day-to-day audit conduct, including ensuring fieldwork is executed and completed as planned, in accordance with the timetable, firm policies and procedures, and budget
• Applies knowledge of transactional flow and key transactional cycles to complete audit work
• Documents, validates, and assesses the effectiveness of internal control systems
• Determines and communicates improvements to client internal controls and accounting procedures
• Supervises audit staff work, reviews workpapers and conclusions, and explains shortcomings

GAAP

• Applies knowledge of governing principles, documenting and communicating how principles apply to client transactions
• Understands and effectively communicates financial statement disclosure requirements to clients
• Identifies and applies new pronouncements to client situations
• Identifies, analyzes, and discusses alternative generally accepted accounting principles for the client when necessary, with the Manager, Senior Manager, and engagement partner
• Identifies complex accounting issues and escalates them for resolution

SEC and PCAOB

• Applies knowledge of SEC regulations and PCAOB guidelines, and documents and communicates the application of these principles
• Reads and reviews clients’ SEC filings to ensure accuracy and completeness and ensures financial information is supported in workpapers and appropriately tested
• Prepares required communications to the client and the Audit Committee
• Plans and executes Section 404 internal control audit, including understanding the control environment, designing test plans, evaluating deficiencies, and assessing the overall financial reporting control environment

GAAS

• Applies knowledge of professional standards, including documenting and communicating the engagement understanding and application
• Formulates and communicates the audit plan
• Applies GAAS to complex issues and consults others as appropriate
• Applies audit skepticism and determines when to reduce or expand testing
• Uses audit manuals as appropriate for the situation
• Documents deviations from policy with approval
• Seeks opportunities to improve client internal controls and prepares draft communications required by professional standards

Methodology

• Applies audit standards and methodology to deliver quality services and products effectively and efficiently
• Applies audit approach and methodologies, including tools and technology, to execute audits with quality, efficiency, and completeness despite deadline pressures
• Identifies and proposes outcomes to critical issues

Research

• Uses methodologies to obtain and maintain information from authoritative sources and draw conclusions
• Uses internal and external research tools and selects methodology for routine research requests
• Researches more complex accounting areas and forms an initial opinion on correct treatment independently, including documenting impact on the client and audit engagement
• Documents and organizes complicated findings in a usable format (including information sourced from tools and references used by the engagement)
• Assists the engagement manager with gathering sufficient appropriate information about the business and information system (including the accounting system) to support audit strategy preparation

Project Management

• Coordinates timing of planning, fieldwork, and review with the audit team and client
• Assists engagement executives with developing the audit engagement budget and identifying appropriate resources
• Develops draft Audit Engagement Planning Memorandum, audit programs, and budgets
• Establishes responsibilities of individual audit staff for specific audit areas with the engagement manager
• Monitors and reports engagement budget to actual and advises engagement executives of potential overruns
• Performs other duties as required

Supervisory Responsibilities

• May supervise and manage the day-to-day work assignments of Assurance Services Associates
• Provides verbal and written performance feedback to associates
• Teaches/coaches associates for on-the-job learning

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or Statistics, required
  • OR Bachelor’s degree in another focus area and CPA certification, required
  • Master’s degree in Accountancy, preferred
• Three (3) or more years of prior relevant audit experience and/or public accounting, private industry accounting, or consulting/professional services experience, required
• Prior basic supervisory experience, preferred
• Eligible to sit for the CPA exams upon starting employment, required, and actively pursuing completion of the exams, required
• CPA, preferred
• Proficient with Microsoft Office Suite, preferred
• Proven solid verbal and written communication skills
• People development and delegation skills
• Executive presence; ability to serve as the primary client contact
• Ability to “in-charge” all stages of the audit (planning, fieldwork, and wrap-up)
• Ability to complete audits of complex companies
• Ability to prepare and/or review financial statements with disclosures in accordance with GAAP requirements

Preferred Qualifications

• Prior basic supervisory experience
• CPA certification
• Experience with assurance applications and research tools
• Master’s degree in Accountancy

Compensation & Benefits

Individual salaries are determined after consideration of numerous factors including qualifications, experience, skills, and geography.

California Range: $95,000 - $135,000

Colorado Range: $80,000 - $105,000

Illinois Range: $85,000 - $100,000

Maryland Range: $92,000 - $110,000

Minnesota Range: $80,000 - $92,000

New Jersey Range: $96,000 - $103,000

NYC/Long Island/Westchester Range: $80,000 - $115,000

Ohio Range: $80,000 - $92,000

Washington Range: $85,000 - $105,000

Washington DC Range: $92,000 - $110,000

Benefits may be subject to eligibility requirements.

Location

United States (salary ranges vary by geography as listed above).