Assurance Senior Manager

Overview

This role is responsible for developing suggestions to improve client internal controls and accounting procedures, and for advising clients on economic and regulatory risks within a specific industry area of expertise. Responsibilities include identifying financial and non-financial performance measures, formulating and communicating the audit plan, addressing complex questions involving GAAP and GAAS, and composing technical consultation memos related to GAAP/GAAS issues.

In addition, this position leads marketing, networking, and business development within the area of expertise. It also maintains key client relationships and serves as the primary contact for complex questions and information.

Responsibilities

Control Environment

• Apply advanced knowledge to understand the collective effect of factors in establishing, enhancing, or mitigating risks related to policies and procedures
• Apply advanced understanding of the objectives, components, and supervisory controls within the overall control environment
• Validate and assess the effectiveness of internal control over financial reporting
• Identify and communicate to management and the audit committee suggestions to improve client internal controls and accounting procedures
• Identify and delegate audit functions to the auditor in charge as appropriate
• Supervise the audit team and review workpapers and conclusions, preferably onsite during audit fieldwork
• Provide on-the-job training to engagement staff during audit fieldwork

GAAP

• Apply advanced knowledge of governing principles, including applying them to client transactions and documenting and communicating the understanding and application of these principles
• Identify and consult with clients on the impact of new accounting pronouncements
• Present and discuss alternative applications of generally accepted accounting principles, including arguments for and against alternatives
• Draft complex financial statements and related footnote disclosures and effectively communicate them to the client
• Identify complex accounting issues and form and document resolution, seeking counsel from technical experts as needed

SEC and PCAOB

• Apply advanced knowledge of SEC regulations and PCAOB guidelines, and document and communicate their application
• Review SEC filings, including MD&A, financial statements, and disclosures, for appropriateness of form, content, completeness, and accuracy, and ensure quarterly reviews are properly performed
• Review required communications to the client and Audit Committee for completeness, accuracy, and compliance with firm and professional guidelines
• Review Section 404 internal control audit work for completeness and compliance with firm and professional guidelines
• Ensure compliance with engagement independence requirements and consult internally as needed

GAAS

• Apply advanced knowledge of professional standards, including the ability to document and communicate the understanding and application of those standards on an engagement
• Apply advanced knowledge of professional standards/practices, including GAAS and PCAOB, when performing and supervising work
• Provide guidance to others and affirm conclusions made by others
• Communicate matters required to be reported to the Audit Committee/Board and those charged with governance
• Use efficiency tools such as statistical sampling and CAATS, etc.

Methodology

• Apply advanced knowledge of firm standards, policies, and technology to deliver quality services and products effectively and efficiently
• Conduct detailed reviews to ensure the audit is completed in accordance with assurance manual standards
• Prepare or review required communications to management and audit committees, ensuring timeliness and completeness
• Recommend appropriate outcomes to critical issues
• Initiate and prepare client acceptance/retention procedures as appropriate
• Plan the audit process and oversee execution of procedures with quality, efficiency, and completeness despite deadline pressures
• Execute proper methodology, including archiving procedures
• Consider Sarbanes-Oxley rules when understanding and executing service plans for combined 404 and financial statement audits for public clients

Research

• Use methodology to seek or maintain information from authoritative sources and draw conclusions regarding target issues
• Define methodology for research projects and complete them in a timely manner
• Apply advanced knowledge of appropriate research tools and draw conclusions based on the research
• Prepare memos supporting research/conclusions and consult with others as appropriate
• Present issues to RTD or concurring reviewer effectively and accurately

Supervisory Responsibilities

• Support teamwork by delivering on commitments to team members and clients
• Supervise managers, associates, and senior associates on all projects
• Review work prepared by managers, associates, and senior associates and provide review comments
• Act as a career advisor to associates and senior associates
• Schedule and manage workload of associates and senior associates
• Provide verbal and written performance feedback to associates and senior associates
• Teach/coach managers, seniors, and associates for on-the-job learning

Additional Duties

• Other duties as required

Requirements

• Bachelor’s degree, required; major in Accounting, Finance, Economics or Statistics, preferred
• Seven (7) or more years of prior relevant audit experience and/or public accounting, private industry accounting or consulting/professional services experience, required
• Prior significant supervisory experience, required
• Active licensed US CPA, required
• Recognized active International Equivalent or unique qualification as defined by the firm’s Assurance Licensing Policy, required
• If active international equivalent or unique qualification: obtain an active US CPA license within the approved timeframe as defined by firm licensing requirement guidelines

Preferred Qualifications

• Master’s degree in Accountancy
• Industry expertise in one or more assurance specialty
• Proficiency with the Microsoft Office Suite
• Experience with assurance applications and research tools

Compensation & Benefits

• Individual salary range: $125,000 - $155,000
• Additional benefits are provided based on eligibility requirements.

Location

• Washington (salary range shown for Washington).