Assurance Senior

Overview

This role involves coordinating day-to-day “in-charge” responsibilities across audit planning, fieldwork, and wrap-up. Work includes preparing financial statements with disclosures, applying relevant areas of GAAP as necessary, and documenting, validating, testing, and assessing control systems. The position also serves as a client contact for basic questions and information and may support reviews and agreed-upon procedure engagements.

Responsibilities

Control Environment

• Apply knowledge of how multiple factors affect the effectiveness of client policies and procedures, including risk mitigation.
• Use 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 internal controls and accounting procedures to help reduce risk within the client organization.
• Supervise and review the work of audit staff.

GAAP

• Apply governing accounting principles to client transactions.
• 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 the 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.
• Read and review clients’ SEC filings to ensure accuracy and completeness.
• Ensure financial information is documented in workpapers and supported through appropriate testing.
• Prepare required communications to the client and the Audit Committee.
• Plan and execute Section 404 internal control audits, including:
  • Obtaining an understanding of the control environment
  • Designing test plans
  • Evaluating deficiencies
  • Assessing the overall financial reporting control environment

GAAS and Professional Standards

• Apply professional standards on engagements and document and communicate understanding and application of those standards.
• Formulate and communicate the audit plan.
• Apply GAAS to a variety of complex issues; consult others as appropriate.
• Employ audit skepticism and determine when to reduce or expand testing.
• Use audit manuals as appropriate for the situation.
• Document deviations from firm policy, with approval.

Methodology

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

Research

• Use internal and external research tools to select appropriate methodology for routine research requests.
• Research complex accounting areas, form an initial opinion on correct treatment independently, and document the impact on the client and audit engagement.
• Document and organize complex findings in a usable format.
• Assist the engagement manager with gathering appropriate information about the business and information systems (including the accounting system) to support audit strategy.
• Develop draft Audit Engagement Planning Memorandum, audit programs, and budgets.
• Collaborate with the engagement manager to establish audit staff responsibilities by area.
• Perform other duties as required.

Supervisory Responsibilities

• Provide verbal and written performance feedback to Audit Associates.
• Supervise audit associates’ 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 and actively pursuing completion of the exams, required
• CPA, preferred

Skills and Knowledge

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

Software

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

Compensation & Benefits

Individual salary offers are determined after consideration of factors including qualifications, experience, skills, and geography.

State ranges:

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

Benefits may be subject to eligibility requirements.

Location

United States (state-based salary ranges apply as listed above).