Managing Director, Risk Advisory Services

BDO USA•Houston, TX

About The Position

The Managing Director, Risk Advisory Services will work under the direction of a Partner and is responsible for managing and delivering high value solutions to multiple clients in the areas of Internal Auditing and internal control, including business risk assessment and Enterprise Risk Management, business process improvement, Sarbanes-Oxley compliance, information technology audit & control, financial and operational audit, business conduct and fraud/forensic investigations. In this role, the Managing Director, Risk Advisory Services is charged with managing a team of professionals through all stages of internal audit or consulting engagements to include planning, field work, engagement wrap up and report composition, along with providing recommendations regarding engagement economics and legal risks to the Firm. The Managing Director, Risk Advisory Services is responsible for ensuring exceptional client service and high quality engagement deliverables. The Managing Director, Risk Advisory Services is also responsible for developing new business with existing clients and prospects of the Firm, including the identification of target companies. The Managing Director, Risk Advisory Services is responsible for managing all aspects of client pursuits and advises the practice Partner through all phases of the client proposal process.

Requirements

Bachelor’s degree in Accounting, Finance, Management Information Systems, or Business Intelligence, required
Ten (10) years of experience within a public accounting firm or Fortune 1000 company performing Risk Assessments, internal audits, Sarbanes-Oxley Readiness services, internal control assessments, management consulting as a Financial, Operational or In Information Technology Subject Matter Expert, required
Experience performing audits of particular industries (manufacturing, retail, distribution, energy, etc.), based upon the RAS practice’s need, required
Significant supervisory experience, required
Experience performing process reviews, systems reviews and reviews of application controls, required
Experience with internal controls including process control design, preparation of flowcharts & control matrices, documentation and testing of controls, and identification and reporting of control “gaps,” required
Experience conducting audit planning, developing audit programs, performing testing, preparing work papers, and drafting audit reports, required
Experience in client marketing and successfully managing multiple client pursuits and proposal efforts, required
Certificate of Internal Auditor (“CIA”), Certified Public Accountant (“CPA”), Certified Information System Auditor (“CISA”), or equivalent certifications required
Proficient in the use of Microsoft Office Suite, including Excel, Word, PowerPoint, required
Solid understanding and experience planning and coordinating all stages of an internal audit
Knowledge of internal accounting controls and professional standards and regulations
Superior verbal and written communication skills, specifically business / report writing
Able to adapt style and messaging to effectively communicate with professionals at all levels both within the client organization and the firm
Able to successfully multi-task while working independently and within a group environment
Able to collaborate with partners and managers within other service lines and industries, as well as RAS leaders
Superior analytical and diagnostic skills and ability to break down complex issues and implementing appropriate resolutions
Capable of working in a demanding, deadline driven environment with a focus on details and accuracy
Solid project management skills
Solid US GAAP and GAAS knowledge and familiarity with SEC and PCAOB reporting rules. Knowledge of IFRS, a plus
Solid grasp of general IT control concepts
Excellent people development and delegation skills, including training/instruction and engagement scheduling and budgeting
Executive presence to act as primary contact for clients while preparing and presenting to clients and potential clients
Capable of resolving complex business issues
Able to build and maintain strong relationships with internal and client personnel

Nice To Haves

MBA or other relevant advanced degree, preferred
Experience performing audits within a public accounting environment, preferred
Experience with ACL and/or IDEA, and MS Access preferred
Experience in the use of various assurance applications and research tools as is appropriate for this level, preferred

Responsibilities

Acts as a high level contact for clients regarding all questions and information, including progress, challenges encountered, and issues identified
Conducts informational interviews and facilitates meetings with client management members during engagement process, as needed
Works closely with the Engagement Partner to ensure effective communication of control gaps and suggested improvements to processes, controls and overall risk management to client Audit Committee and management
Ensures that the client service team appropriately analyzes client’s processes, risk and controls
Ensures that the client service team provides exceptional client service and develops advanced level deliverables and/or solutions to client issues
Oversees the development of risk-based audit plans and ensures the development of efficient and effective project plans
Reviews and approves engagement budgets and identifies opportunities to improve engagement efficiencies, where possible
Ensures the timely execution of practice administration to include but is not limited to time entry, client contract administration, preparation of periodic and timely billings, collections and ensures timely adjustments to engagement realization, as needed
Directs multiple client engagements and underlying economics to ensure engagement metrics are achieved
Identifies and informs managers and staff to utilize all available research aids (as practical), including databases and trade publications, to develop understanding of client’s industry
Identifies, grows and maintains strategic relationships with client personnel, including members of client management
Oversees the preparation of formal and informal presentations for client meetings
Collaborates with not only RAS partners to service clients and expand our presence in the marketplace, but also other practice leaders to bring the best solutions to our clients and prospects
Identifies new business opportunities to expand the Risk Advisory Services practice and communicates such opportunities to his/her practice partner
Works closely with the practice partner to manage marketing and business development activities within practice
Oversees the development of draft proposals and reports, and completes research, as needed
Develops thought leadership for the RAS practice by developing whitepapers and presentations on topics relevant to clients and the profession
Works closely with RAS leadership to refresh marketing materials and website content, as needed
Fosters a positive demeanor, learning attitude and client service mentality with managers, seniors and staff
Travels up to 25% as much as 75% of the time, as needed
Supervises the workload of RAS Managers as well as Senior Associates and Associates (when necessary) on assigned engagements and reviews work product
Ensures RAS Managers, Senior Associates and Associates are trained on all relevant software
Evaluates the performance of RAS Managers, Senior Associates and Associates and assists in the development of goals and objectives to enhance professional development
Delivers periodic performance feedback and completes performance evaluations for RAS Senior Associates and Associates in accordance with Firm guidance
Acts as mentor to RAS Managers, Senior Associates and Associates, as appropriate
Acts as a leader and projects a professional, positive attitude toward client and firm personnel