Assurance Senior Associate, Non-Profit & Healthcare

BDO USA•Washington, DC

About The Position

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. 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! [https://www.bdo.com/getmedia/792cf457-f43e-4bb7-a937-a0f8d55f6ecb/BDO-Benefits-Brochure.pdf] Benefits may be subject to eligibility requirements. Equal Opportunity Employer, including disability/vets Click here to find out more! [https://protect-us.mimecast.com/s/US5qCDkoYJC5g3L6SWPvmU?domain=nam12.safelinks.protection.outlook.com]

Requirements

Bachelor's degree in Accounting, required
Three (3) or more years of prior experience in public accounting, required
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

Nice To Haves

Master's degree in Accountancy, preferred
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
CPA, preferred
Actively pursuing completion of CPA licensing requirements, preferred
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

Responsibilities

Control Environment
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
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
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
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
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
Provides verbal and written performance feedback to Audit Associates
Supervises the work assignments of Audit Associates within assigned engagement team