Audit Manager

Rea•Dublin, OH

23h•Onsite

About The Position

Rea is a growing Top 100 business advisory & accounting firm providing clients services in tax, accounting, and business consulting. The firm has a ‘People First’ culture, focusing on employee well-being and professional development, with over 400 professionals and locations throughout Ohio, respecting a work-life balance. Rea offers competitive compensation and a robust benefits plan. The Audit Manager role involves working and traveling within the Dublin, Ohio area, presenting an opportunity for growth and supporting The Rea Advantage strategic plan, with a path to partner potential. The Audit Manager is responsible for supervising, directing, and reviewing audit client engagement results through all stages (planning, field work, and wrap-up). This role also includes marketing, networking, and business development, as well as ensuring engagement profitability through billings and collections. Key responsibilities include advising clients on economic and regulatory risks, resolving complex accounting issues, applying GAAP and GAAS, writing technical consultation memos, and assessing financial reporting control systems.

Requirements

Bachelor’s in accounting or equivalent required
Five (5) or more years prior work experience in public accounting required
Prior significant supervisory experience
Licensed CPA

Nice To Haves

MBA/master’s degree in accountancy optional

Responsibilities

Supervising, directing and reviewing the results through the delegation of tasks throughout the planning, field work and “wrap-up” stages of an Audit client engagement
Marketing, networking and business development within an area of expertise
Ensuring engagement profitability involving billings and collections
Advising the client on various economic and regulatory risks within their industry
Resolving complex accounting issues
Apply GAAP and GAAS consistently within complex situations
Writing technical consultation memos on GAAP / GAAS issues
Documenting, validating, testing and assessing various financial reporting control systems
Applies knowledge and understanding of the collective effect of various factors on establishing or enhancing effectiveness, or mitigating the risks, of specific policies and procedures
Applies a broad understanding of objectives and components of the overall control environment and organization, and supervisory controls
Validates and assesses effectiveness of internal control over financial reporting
Identifies and communicates to management and audit committee suggestions to improve client internal controls and accounting procedures
Identify and delegates functions of the audit to the auditor in charge as deemed appropriate
Supervise the work of audit team and review workpapers and conclusions preferably onsite during audit field work
Provide on-the-job-training to the engagement staff during audit field work
Applies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles
Identifies and consults with clients on the impact of new accounting pronouncements
Monitors and communicates important professional, industry pronouncements
Presents and discusses alternative generally accepted accounting principles and arguments for/against such alternatives
Drafts complex financial statements and related footnote disclosures and effectively communicates these to client
Identifies complex accounting issues and forms and documents resolution, seeking counsel of Rea technical experts as needed
Applies 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
Applies a thorough knowledge of professional standards/practices, including GAAS and PCAOB (if applicable) in performing and supervising work
Provides guidance to others and affirms conclusions made by others
Communicates matters required to be reported to the Audit Committee/Board and those charged with governance
Applies the use of efficiency tools such as statistical sampling, CAATS, etc.
Applies knowledge and application of audit standards that guide effective and efficient delivery of quality services and products
Conducts detailed review to assure audit is completed in accordance with assurance manual standards
Prepares or reviews required communications to management and audit committees, ensuring timeliness and completeness
Recommends appropriate outcomes to critical issues
Initiates and prepares client acceptance/retention procedures where appropriate
Plans the audit process and oversees the execution of procedures with quality, efficiency, and completeness despite pressures of deadlines
Executes proper RSM methodology including but not limited to proper archiving procedures
Applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a target issue based on that information
Defines methodology to conduct research projects and completes in a timely manner
Applies comprehensive knowledge of all appropriate research tools and draws conclusions based upon appropriate research
Prepares memo supporting research/conclusions and consults with others if appropriate
Presents issues to PIC or concurring reviewer effectively and accurately
May be required to organize and conduct effective internal CPE training sessions in area of specialization, involving Firm specialists
Plans and reviews the audit process and the procedures to be performed to include: Budgeting and staffing
Monitoring engagement process and actual time incurred vs. budget with assistance of Senior
Timely billing including management of identified out-of-scope activity and communication to client
Timely collection of A/R
Manages client relationships/expectations in accordance with the project
Provides advice to clients in a timely manner
Responsible for supervision of Associates, Senior Associates and Supervisors on all projects
Review work prepared by Associates, Senior Associates and Supervisors and provide review comments
Act as a Career Advisor to Associates, Senior Associates and Supervisors
Schedule and manage workload of Associates, Senior Associates and Supervisors
Provide verbal and written performance feedback to Associates, Senior Associates and Supervisors
Teach/coach Supervisors, Seniors and Associates to provide on the job learning
Other duties as required