Assurance Senior Associate, Non-Profit

Job Description

Job Summary :

The Assurance Senior Associate, Non-Profit & Healthcare will be responsible for coordinating the day-to-day "in-charge" duties of planning, fieldwork, and "wrap-up" to include the preparing of financial statements with disclosures, applying most areas of GAAP as necessary and documenting, validating, testing, and assessing various control systems. This position will also be responsible for acting as the client contact for basic questions and information. Additionally, the individual in this role will help train staff and be the main liaison with BDO RISE.

Job Duties : 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
• Provides on-the-job-training to the engagement staff during audit field work as well as supervise and review the work of the audit staff

GAAP

Applies knowledge and understanding of accounting principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles by :

Communicates financial statement disclosure requirements to clients

Drafts complex sets of financial statements with disclosures

Recognizes and applies new pronouncements to client situations

Identifies, analyzes and discusses alternative generally accepted accounting principles with the engagement management team and the client, as needed

Identifies complex accounting issues and brings them to the attention of superiors for resolution

Coaches less experienced team members in new areas

Considers Uniform Guidance rules in understanding and executing financial statement audits under Government Auditing Standards

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 :

Formulates and communicates the audit plan

Applies GAAS to a variety of complex issues and consults others as appropriate

Employs audit skepticism and determines when to reduce or expand testing

Utilizes BDO audit manual as appropriate for the situation

Documents deviations from BDO policy, with approval

Methodology

Applies knowledge and application of BDO audit manual to guide effective and efficient delivery of quality services and products by :

Coordinates the day-to-day conduct of the audit plan by ensuring the field work is executed and completed as planned, in accordance with timetable established, with Firm's policies and procedures and tracks budget to actual and notifies the engagement management team early of expected budget variance

Applies BDO audit approach and methodologies, including vast BDO tools and technology available, to execute the audit and through proper archiving procedures

Identifies and proposes 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 :

Utilizes internal and external research tools for documenting issues, approaches and conclusions

Researches complex areas of accounting, forming an initial opinion on the correct treatment independently while considering and documenting the impact on the client audit engagement

Assists 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

Drafts the Audit Planning Document and utilizes APT Next Gen to create audit programs

Collaborates with the engagement manager to establish the responsibilities of individual audit staff for specific areas of audit work allocation

Other duties as required

Supervisory Responsibilities :

Provides verbal and written performance feedback to Audit Associates

Supervises the work assignments of Audit Associates within assigned engagement team

Qualifications, Knowledge, Skills and Abilities :

Education :

Bachelor's degree in Accounting, required

Master's degree in Accountancy, preferred

Experience :

Three (3) or more years of prior experience in public accounting, required

One (1) or more years of prior supervisory experience, preferred

One (1) or more years of relevant experience in the healthcare industry, preferred

One (1) or more years of nonprofit audit experience, preferred

License / Certifications :

CPA, preferred

Actively pursuing completion of CPA licensing requirements, preferred

Software :

Proficient in the use of Microsoft Office Suite, specifically Word, Excel and PowerPoint, preferred

Prior experience with various assurance applications and research tools beneficial, preferred

Language :

N / A

Other Knowledge, Skills & Abilities :

Solid understanding and ability to plan and coordinate the stages to perform an audit of a basic private company

Knowledge of internal accounting controls and professional standards and regulations (GAAP and GAAS, 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 BDO

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

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.

NYC / Long Island / Westchester Range : $84,000 - $105,000

About Us

Join us at BDO, where you will find more than a career, you'll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world.

At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.

BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits

offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm's success, with no employee contributions.

We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on :

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

BDO Total Rewards that encompass so much more than traditional "benefits." Click here to find out more!

Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability / vets

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