Assurance Senior, Asset Management

BDO USA, P.C. • Minneapolis, MN

3d • $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, SBICs, BDCs, real estate funds, and other alternative investment vehicles. The Assurance Senior performs and coordinates audit work, applies accounting and auditing standards, evaluates internal controls, and supports high-quality, timely engagement delivery. The role also researches complex accounting matters, prepares audit planning materials, and supervises and coaches Audit Associates.

Requirements

• Bachelor’s degree in Accounting.
• At least two years of experience auditing asset managers and 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 to 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.
• Proficiency in Microsoft Office, specifically Word, Excel, and PowerPoint.
• Prior experience with assurance applications and research tools.

Responsibilities

• Apply knowledge of transactional flows and key cycles to complete audit work.
• Document, validate, and assess the design and operating effectiveness of clients’ internal control systems; identify and communicate suggested improvements to controls and accounting procedures.
• Supervise and review audit staff work and provide verbal and written performance feedback to Audit Associates.
• Communicate financial statement disclosure requirements, draft complex financial statements with disclosures, apply new accounting pronouncements, and identify complex accounting issues for resolution.
• Review clients’ SEC filings for accuracy and completeness, ensuring financial information is documented in workpapers and supported by appropriate testing.
• Prepare required communications to clients and Audit Committees.
• 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 audit plans; apply GAAS to complex matters, exercise audit skepticism, determine whether testing should be reduced or expanded, and document approved deviations from BDO policy.
• Coordinate day-to-day audit execution to meet the plan, timetable, Firm policies and procedures, and budget; apply BDO audit methodologies, tools, and technology.
• Identify and propose outcomes to critical issues.
• Use internal and external research tools to address routine and complex accounting questions; form initial opinions, assess client and engagement impacts, and document findings.
• Assist the engagement manager in understanding the business and information systems, including accounting systems, to inform audit strategy.
• Develop draft Audit Engagement Planning Memoranda, audit programs, and budgets; collaborate with the engagement manager to assign audit work to staff.
• 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; eligibility requirements may apply.

What This Job Offers

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