Assurance Senior Manager, Non-Profit

BDO USA•New York, NY

About The Position

The Assurance Senior Manager, Non-Profit will be responsible for developing suggestions to improve client internal controls and accounting procedures. The role will also advise clients on various economic and regulatory risks in a specific industry field of expertise by identifying financial and non-financial performance measures, formulating, and communicating the audit plan, answering complex questions involving GAAP and GAAS and composing technical consultation memos on engagements related to GAAP / GAAS issues. The individual in this role will be charged with marketing, networking, and business development within an area of expertise while maintaining key client relationships and acting as the primary contact for clients regarding complex questions and information. Additionally, Assurance Senior Manager, Non-Profit will be is a critical part of the offices / region’s Assurance leadership team and will be involved in the direct supervision of numerous staff on various in process engagements, problem resolution and delegation stages of the overall concurrent process audits.

Requirements

Bachelor’s or Master’s degree in Accounting, required
Seven (7) years of work experience, required
Significant supervisory experience, required
CPA, required
Proficient in the use of Microsoft Office Products, including Windows, Word, Excel, and PowerPoint, required
Advanced GAAP, GAS and GAAS knowledge
Strong working knowledge of the Uniform Guidance
Excellent verbal and written communication skills
Excellent people development and delegation skills, including training/instruction and engagement budgeting
Executive presence with the ability to act as the primary contact for clients, as well as prepare and present presentations to clients and potential clients
Excellent client development/relationship-building skills
Excellent decision-making skills
Ability to take charge of an entire engagement
Ability to research and resolve complex accounting issues
Ability to be part of business development and marketing for the non-profit group
Able to promote the use of all BDO client service specialties/offerings, including BDO International and the BDO Alliance
Able to be responsible for engagement profitability, including billings and collections, and maintaining engagement team focus on productivity and efficiency

Nice To Haves

MBA/Masters in Accountancy, preferred
Proficient in the use of various assurance applications and research tools, preferred

Responsibilities

Develop suggestions to improve client internal controls and accounting procedures.
Advise clients on various economic and regulatory risks in a specific industry field of expertise.
Identify financial and non-financial performance measures.
Formulate and communicate the audit plan.
Answer complex questions involving GAAP and GAAS.
Compose technical consultation memos on engagements related to GAAP / GAAS issues.
Market, network, and engage in business development within an area of expertise.
Maintain key client relationships and act as the primary contact for clients regarding complex questions and information.
Be a critical part of the offices / region’s Assurance leadership team.
Supervise numerous staff on various in-process engagements.
Handle problem resolution and delegation stages of overall concurrent process audits.
Apply advanced knowledge and understanding of the collective effect of various factors on establishing or enhancing effectiveness, or mitigating the risks, of specific policies and procedures.
Apply an advanced understanding of objectives and components of the overall control environment and organization, and supervisory controls.
Validate and assess the effectiveness of internal control over financial reporting and over compliance in an audit performed in accordance with government auditing standards.
Identify and communicate to management and audit committee results of the annual audit and make suggestions to improve client internal controls and accounting procedures.
Identify and delegate functions of the audit to the auditor in charge as deemed appropriate.
Supervise the work of the audit team and review workpapers and conclusions during audit field work.
Provide on-the-job training to the engagement staff during audit field work.
Apply advanced knowledge of GAAP, not-for-profit industry specific issues and understanding of Government Auditing Standards; apply these principles to client transactions; and document and communicate an understanding and application of these principles.
Identify and consult with clients on the impact of new or recently issued accounting pronouncements.
Present and discuss alternative applications of generally accepted accounting principles and arguments for/against such alternatives.
Draft complex financial statements and related footnote disclosures and effectively communicate these to the client.
Identify complex accounting issues and form and document resolution, seeking counsel of BDO technical experts as needed.
Consider Uniform Guidance rules in understanding and executing financial statement audits under Government Auditing Standards.
Apply advanced 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.
Apply advanced knowledge of professional standards/practices, including GAAS and GAGAS in 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.
Apply the use of efficiency tools such as statistical sampling, CAATS, Advanced Data Analytics, etc.
Learn and then apply advanced knowledge and application of BDO standards, policies and technology that guide effective and efficient delivery of quality services and products.
Conduct detailed reviews to assure audit is completed in accordance with BDO’s assurance manual standards.
Prepare or review required communications to management and audit committees, ensuring timeliness and completeness.
Conclude and recommend appropriate outcomes to critical issues.
Initiate and prepare client acceptance/retention procedures where appropriate.
Plan the audit process and oversee the execution of procedures with quality, efficiency, and completeness despite pressures of deadlines.
Execute proper BDO methodology throughout the audit and through proper archiving procedures.
Apply methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a targeted issue based on that information.
Define the team’s approach to conducting research projects and ensure their timely completion.
Apply advanced knowledge of all appropriate research tools and draw conclusions based upon appropriate research.
Prepare memo supporting research/conclusions and consult with others if appropriate.
Present issues to the National Regional Technical Principle or concurring reviewer effectively and accurately.
Set the tone for teamwork by supporting others in their work and delivering on commitments made to the team members and clients.
Supervise assurance managers, associates and senior associates on all concurrent engagements.
Review work prepared by assurance managers, associates and senior associates, and provide review comments.
Act as a Career Advisor to various assurance associates and senior associates assigned as advisees.
Schedule and manage workload of RISE team members, assurance associates and senior associates.
Provide verbal and written performance feedback to subordinates.
Teach/coach assurance managers, seniors and associates to provide on-the-job learning.