Assurance Director

BDO USA, P.C. • New York, NY

6d

About The Position

The Assurance Director title is reserved for professionals who achieve
recognition in a technical area of assurance and risk management. The person is
qualified to perform certain limited yet critical additional technical functions
as an Engagement Director or as a Concurring Reviewer. These additional
responsibilities are conferred only as outlined above. This senior role
recognizes the person as an expert of great long-term value to the firm.

Business Acumen:

Able to apply knowledge of business functions, processes and strategies to
provide services, solutions and advice that considers and improves the
organization as a whole as evidenced by:
Ability to understand core business operations/structure of various
businesses
Demonstrates advanced knowledge of business issues, trends and industry
economics
Identifies and discusses key financial and non-financial performance
measures
Demonstrates ease with client communications

Technical Roles a Director may perform:

When functioning as Engagement Director:
May also be, but not required to be, a Client Service Engagement Director.
In this capacity, may sign audit review and compilation reports related to
these engagements, as well as engagement letters and other correspondence
Written pre-approval by the Client Service Assurance Partner and the
Practice Region RTD and RBLL and the Practice Office OBLL for the specific
assignment before a Director may perform duties of Engagement Director of
that specific assignment
The Director must demonstrate the requisite industry experience necessary
for the specified engagement
The engagement must be not designated as requiring an IQCR Review in
accordance with the BDO Assurance Manual and may not be associated with or
expected to be associated in the foreseeable future, which is generally a
two-year horizon, with a public company.
The final review of only the financial statements and MRC must be performed
by an Assurance Partner. When functioning as Concurring Reviewer where the
engagement is sensitive but non-public:
Written pre-approval must be obtained from the Practice Region RTD and RBLL
and the Practice Office OBLL.  
The Director must demonstrate the requisite industry experience necessary
to serve as a concurring reviewer for the specified engagement
The engagement may not be associated with or expected to be associated in
the foreseeable future, which is generally a two-year horizon, with a
public company.
When serving as a concurring reviewer, the Assurance Director should not
have worked on the engagement in another capacity for the prior two-year
period, and is prohibited from performing work on the engagement in other
capacities

GAAP:

Has an advanced knowledge of governing principles, applying those principles
to client transactions, and documenting and communicating an understanding of
these principles as evidenced by:
Advanced technical knowledge in one or more areas of GAAP

Control Environment:

Has a general understanding of the collective effect of various factors on
establishing, enhancing, or mitigating the effectiveness of specific policies
and procedures as evidenced by:
Ability to identify critical and control points
Ability to document and validate internal control system
Ability to assess effectiveness of internal control system
Ability to make constructive suggestions to improve client internal
controls and accounting procedures

GAAS:

Has an advanced knowledge of professional standards, application of the
principles contained in professional standards as evidenced by: 
An ability/experience teaching others GAAS procedures and providing
guidance to others and affirms conclusions made by others
Other duties as required

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

Requirements

• Bachelor’s degree, required; major in Accounting, Finance, Economics or Statistics, preferred
• Eight (8) 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, recognized active International Equivalent or unique qualification as defined by BDO’s Assurance Licensing Policy, required  
• If active international equivalent or unique qualifications, required to obtain an active US CPA license within approved timeframe as defined by firm licensing requirement guidelines 
• Ability to supervise managers, seniors and staff, as the situation dictates, motivate team
• Possess strong GAAP and GAAS technical skills and knowledge with possible industry expertise in a specialized and technical field of assurance
• Advanced knowledge of SEC reporting rules, if required by specialization
• Possess people development and delegation skills, including training/instruction
• Possess executive presence - need to be able to be primary contact for the client, prepare and present presentations to clients and potential clients
• Possess excellent risk management decision-making skills
• Able to function as Engagement Director on certain engagements as set forth by specific policy
• Get involved with other areas of practice

Nice To Haves

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

Responsibilities

• Review work prepared by associates, senior associates, and managers, and provide review comments as appropriate
• Act as a Career Advisor to associates, senior associates, and managers as assigned
• Provide verbal and written performance reviews to associates, senior associates, and managers
• Able to apply knowledge of business functions, processes and strategies to provide services, solutions and advice that considers and improves the organization as a whole
• Functioning as Engagement Director
• Functioning as Concurring Reviewer where the engagement is sensitive but non-public
• Has an advanced knowledge of governing principles, applying those principles to client transactions, and documenting and communicating an understanding of these principles
• Has a general understanding of the collective effect of various factors on establishing, enhancing, or mitigating the effectiveness of specific policies and procedures
• Has an advanced knowledge of professional standards, application of the principles contained in professional standards
• Other duties as required

Benefits

• BDO Total Rewards that encompass so much more than traditional “benefits.”
• Employee Stock Ownership Plan (ESOP)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees