Assurance Senior, Asset Management

BDO USA, P.C. • Houston, TX

19h • $81,500 - $100,000

About The Position

BDO’s Asset Management and Private Equity Funds practice is a dynamic, rapidly growing nationwide practice focused on private equity funds, venture capital funds, fund of funds, small business investment companies (SBICs), business development companies (BDCs), real estate funds, and other alternative investment vehicles.

The Assurance Senior applies accounting, auditing, SEC, PCAOB, and BDO methodology knowledge to plan and execute complex audit work. The role coordinates day-to-day audit activities, evaluates internal controls, prepares and reviews financial statements and disclosures, conducts accounting research, and communicates findings and recommendations to clients and engagement leaders. The Assurance Senior also supervises Audit Associates, reviews their work, and provides performance feedback.

The position requires a bachelor’s degree in Accounting, at least two years of relevant auditing experience with asset managers or fund vehicles, and active pursuit of CPA licensure. A master’s degree, supervisory experience, CPA certification, and proficiency with Microsoft Office and assurance applications are preferred.

Requirements

• Bachelor’s degree in Accounting.
• At least two years of experience auditing asset managers or onshore/offshore fund vehicles, including experience with industry-relevant regulations.
• Actively pursuing completion of CPA licensing.
• Solid understanding and experience planning and coordinating the stages of an audit of a basic public and/or private company.
• Knowledge of internal accounting controls and professional standards and regulations, including GAAP, GAAS, and Sarbanes-Oxley.
• Strong verbal and written communication skills, with the ability to adapt communication style for professionals at all levels within client organizations and the firm.
• Ability to multitask successfully while working independently and in a group environment.
• Strong analytical and diagnostic skills, including the ability to break down complex issues and implement appropriate resolutions.
• Ability to work in a demanding, deadline-driven environment with attention to detail and accuracy.
• Solid project management skills.

Nice To Haves

• Master’s degree in Accountancy.
• At least one year of prior supervisory experience.
• CPA certification.
• Proficiency in Microsoft Office Suite, specifically Word, Excel, and PowerPoint.
• Prior experience with assurance applications and research tools.

Responsibilities

• Apply knowledge of transactional flows and key transaction cycles to perform audit work.
• Document, validate, and assess the design and operating effectiveness of clients’ internal controls.
• Identify and communicate recommended improvements to client controls and accounting procedures.
• Supervise and review audit staff work, including Audit Associate assignments, and provide verbal and written performance feedback.
• Communicate financial statement disclosure requirements and draft complex financial statements and disclosures.
• Recognize and apply new accounting pronouncements; identify and discuss alternative GAAP treatments with engagement leaders and clients as needed.
• Identify complex accounting issues and escalate them to superiors for resolution.
• Coach less experienced team members in new areas.
• Review clients’ SEC filings for accuracy and completeness, ensuring financial information is documented in workpapers and supported through appropriate testing.
• Prepare required communications to the client and Audit Committee.
• Plan and execute Section 404 internal control audits, including understanding the control environment, designing test plans, evaluating deficiencies, and assessing financial reporting controls.
• Formulate and communicate the audit plan; apply GAAS to complex issues and consult others as appropriate.
• Use professional skepticism to determine when to reduce or expand testing; use BDO audit manuals and document approved deviations from BDO policy.
• Coordinate day-to-day execution of the audit plan, ensuring fieldwork is completed as planned, on schedule, in accordance with firm policies and procedures, and within budget.
• Apply BDO audit approaches, methodologies, tools, and technology to conduct audits and propose outcomes for critical issues.
• Use internal and external research tools to address routine research requests and independently research complex accounting matters, form an initial view of appropriate treatment, and document impacts on the client and engagement.
• Organize complex research findings in a usable format using sources such as Accounting Research Manager, the BDO Assurance Manual, and Yahoo Finance.
• Assist the engagement manager in gathering business and information-system details, including accounting-system information, to support audit strategy.
• Develop draft Audit Engagement Planning Memoranda, audit programs, and budgets.
• Collaborate with the engagement manager to assign individual audit staff responsibilities for specific audit areas.
• Perform other duties as required.

Benefits

• Employee Stock Ownership Plan (ESOP) beneficial ownership and participation in the firm’s success.
• Comprehensive compensation and Total Rewards benefits offerings; benefits are subject to eligibility requirements.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior