Financial Reporting Lead (CPA) - Public Sector, Defense

BDO USA • Potomac, MD

4h

About The Position

BDO is seeking a manager level professional to support project delivery activities for US Defense agencies. The individual in this position will provide financial reporting, account analysis, and reconciliation support to further improve the integrity of a federal agency’s financial statements and support the client’s accounting functions and business processes.

Requirements

• Bachelor’s degree; with a focus in Accounting, Finance, Management, or Business with 24 semester hours in Accounting
• Eight (8) or more years of professional accounting experience, including reviewing complex financial and accounting transactions and extensive historical records relating to calculating general ledger balances with emphasis on investment accounting, including preparing journal entries utilizing a financial accounting system
• Eight (8) or more years of professional accounting experience, including providing financial transaction research and analysis activities, which may include the review of individual project work papers and all documentation necessary to provide an adequate audit trail or transactions that support account balances
• Eight (8) or more years of professional accounting experience, including managing or coordinating the activities of Accountants and/or Auditors, serving as group leader or coordinator acting as liaison with clients
• Eight (8) or more years of professional accounting experience, including the use of financial accounting systems
• Five (5) or more years of DoD government accounting experience
• Experience preparing financial statements and the accompanying footnotes
• Certified Public Accountant (CPA) by the appropriate state licensing authority and in good standing
• Proficient in the use of Microsoft Office Excel, PowerPoint, and Word
• Ability to support possible project-related travel, as needed
• Ability to interact effectively with people at all organizational levels within the client organization and in the firm
• Excellent verbal and written communication skills
• Ability to work independently and collaborate within a team environment and with a customer service focus
• Able to follow instructions as directed
• Superior organizational skills required with ability to multi-task in a fast-paced, deadline-driven environment

Nice To Haves

• Master's degree in Accounting
• Five (5) or more years of preparing financial statements and the accompanying footnotes
• Ten (10) or more years’ experience of government auditing
• Five (5) or more years of government auditing experience
• Experience in calculating Property, Plant, & Equipment (PP&E) depreciation
• Experience In Valuing Capital Assets
• Experience in the use of financial accounting systems, specifically General Fund Enterprise Business System (GFEBS)
• Relevant Professional certification, such as CISA, CIA, CGFM, CDFM, or PMP
• Active Secret Security clearance

Responsibilities

• Maintains accounting records and account balances in accordance with Generally Accepted Accounting Principles (GAAP) and manages plant, property, and equipment records
• Prepares monthly, quarterly, and annual financial status reports and external reporting documentation filed with Defense Finance and Accounting Service and other organizations
• Prepares financial statements, footnotes, and supporting documentation, including the Management Discussion & Analysis, in accordance with Office of Management and budget (OMB) Bulletins 06-03, OMB Circular A 136 and other DOD standards and instructions
• Provides support to Government activities associated with ensuring Chief Financial Officer Act compliance and financial reporting, as well as support to CFO operations
• Prepares quarterly closings, financial statements, variance analysis, and footnotes
• Analyzes accounts and prepares adjusting journal entries, including corrections and improvements to processing of accounts payable and accounts receivable transactions
• Validates adjusting entries to ensure financial statement and account balance data is accurate
• Performs reconciliation of budgetary and proprietary accounts, general ledger, and subsidiary ledger accounts, as well as other program accounts, and finance and accounting systems
• Provides finance and accounting data call information to client's internal customers, independent auditors, and client's external customers
• Provides support for monthly and quarterly Funds Balance with Treasury (FBWT) reconciliation, correction, and continued testing and development of an automated FBWT reconciliation model
• Maintains reconciliation of Real Property and Capital Property
• Directs professional staff performing a variety of complex accounting tasks including preparing journal entries utilizing a financial accounting system
• Delivers a full range of services that uses their educational background, experience, and organizational skills while serving BDO’s dynamic public sector client base
• Assists with firm practice, solution, and business development initiatives with guidance from Public Sector leadership
• Supports task areas while coordinating closely with engagement team management and client leadership on strategy, planning, execution, status, and review processes
• Supports problem solving and fact finding, while working side by side with experienced team members, management, and client leadership
• Supports clients with key financial and budgetary, information technology, and operational transformation initiatives
• Adapts to a changing client environment while meeting client expectations
• Manages priorities and works effectively to initiate correspondence and task completion; supports multiple efforts through flexible multi-task coordination
• Provides summary recommendations to team leadership regarding assigned tasks
• Applies fundamental industry knowledge and standards to support client reviews, improvements, and/or implementations
• Communicates and maintains relationships with key client personnel to ensure shared understanding of processes, operations, and functions
• Prepares presentations, briefings, and actively participates in client meetings and day-to-day interactions
• Communicates with team management through effective status reporting and demonstrates ownership and accountability for assigned task areas and work products
• Establishes professional rapport with clients and other organizations
• Attends relevant training, seminars, and/or conferences to stay current with technical skills that align with client’s needs and changes in the industry
• Supports recruiting efforts by identifying and referring potential candidates
• Other duties as required
• Serves as a deputy project manager, filling in as the alternate when the lead project manager is unavailable, responsible for the overall team's performance and delivery of work to the client and providing project management
• Evaluates the performance of direct reports and assists in the development of goals and objectives to enhance professional development
• Delivers periodic performance feedback and completes the annual performance evaluation for staff as appropriate

Benefits

• Flexibility and opportunities for advancement
• Employee Stock Ownership Plan (ESOP) - a qualified retirement plan, offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. 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.
• Comprehensive compensation and Total Rewards benefits offerings

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees