Assurance Senior

Overview

This Assurance Senior position coordinates day-to-day, in-charge audit responsibilities, including planning, fieldwork, and wrap-up. The role prepares financial statements with disclosures, applies relevant areas of GAAP as necessary, and documents, validates, tests, and assesses control systems. You will also serve as a client contact for basic questions and may support review and agreed-upon procedure engagements.

Responsibilities

Control environment

• Apply knowledge of transactional flow and key transactional cycles to complete audit work.
• Document, validate, and assess the design and operating effectiveness of clients’ internal control systems.
• Identify and communicate suggested improvements to client internal controls and accounting procedures to help reduce risk.
• Supervise and review the work of audit staff.

GAAP

• Apply governing principles to client transactions and document and communicate the understanding and application of these principles.
• Communicate financial statement disclosure requirements to clients.
• Draft complex sets of financial statements with disclosures.
• Recognize and apply new pronouncements to client situations.
• Identify, analyze, and discuss alternative generally accepted accounting principles with the Manager, Senior Manager, engagement partner, and client as needed.
• Identify complex accounting issues and bring them to the attention of superiors for resolution.
• Coach less experienced team members in new areas.

SEC and PCAOB

• Apply knowledge of SEC regulations and PCAOB guidelines by:
  • Reading and reviewing clients’ SEC filings, ensuring accuracy and completeness.
  • Ensuring financial information is documented in workpapers and supported through appropriate testing.
  • Preparing required communications to the client and the Audit Committee.
  • Planning and executing Section 404 internal control audits, including understanding the control environment, designing test plans, evaluating deficiencies, and assessing the overall financial reporting control environment.

GAAS

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

Methodology

• Coordinate the day-to-day conduct of the audit plan by ensuring fieldwork is executed and completed as planned, in accordance with the timetable, firm policies and procedures, and within budget.
• Apply the audit approach and methodologies, including tools and technology, to execute the audit.
• Identify and propose outcomes to critical issues.

Research

• Use authoritative sources to gather information and draw conclusions, including:
  • Utilizing internal and external research tools and selecting methodology for routine research requests.
  • Researching complex accounting areas, forming an initial opinion independently, and documenting the impact on the client and the audit engagement.
  • Documenting and organizing complex findings in a usable format.
  • Assisting the engagement manager with gathering appropriate business and information system information (including the accounting system) to support audit strategy.
  • Developing draft Audit Engagement Planning Memorandum, audit programs, and budgets.
  • Collaborating with the engagement manager to establish responsibilities of audit staff for specific areas.
  • Performing other duties as required.

Supervisory responsibilities

• Provide verbal and written performance feedback to Audit Associates.
• Supervise audit associate work assignments within the assigned engagement team.

Qualifications

Education

• 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.

Experience

• Two (2) 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.

License/Certifications

• Eligible to sit for the CPA exams upon starting employment, required and actively pursuing completion of the exams, required.
• CPA, preferred.

Software

• Proficiency with the Microsoft Office Suite, preferred.
• Experience with assurance applications and research tools, preferred.

Knowledge, skills, and abilities

• Solid understanding and experience planning and coordinating audit stages for 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; ability to adapt communication style for professionals at all levels within the client organization and within the firm.
• Ability to multitask while working independently and within a group environment.
• Superior analytical and diagnostic skills and ability to break down complex issues and implement appropriate resolutions.
• Ability to work in a demanding, deadline-driven environment with focus on details and accuracy.
• Strong project management skills.

Compensation & Benefits

Compensation is determined after consideration of factors including qualifications, experience, skills, and geography.

Salary ranges by location:

• California Range: $88,000 - $105,000
• Colorado Range: $80,000 - $85,000
• Illinois Range: $82,000 - $90,000
• Maryland Range: $78,000 - $93,000
• Minnesota Range: $76,000 - $82,000
• Massachusetts Range: $88,000 - $105,000
• New Jersey Range: $80,000 - $95,000
• NYC/Long Island/Westchester Range: $80,000 - $115,000
• Ohio Range: $75,000 - $82,000
• Virginia Range: $74,000 - $98,000
• Washington Range: $82,000 - $95,000
• Washington DC Range: $80,000 - $100,000

Benefits may be subject to eligibility requirements.

Equal Opportunity

Equal Opportunity Employer, including disability/vets. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.