Senior Audit Manager, State & Local Government

BDO • Boston, MA

267d • $185,000 - $215,000

About The Position

The State & Local Government Senior Manager is responsible for developing suggestions to improve client internal controls and accounting procedures as well as advising the client on various economic and regulatory risks in a specific industry field of expertise by identifying financial and non-financial performance measures, formulating and communicating the audit plan, answering complex questions involving GAAP, GAAS, GAGAS (Yellow Book) and UG composing technical consultation memos on engagements related to GAAP, GAAS/GAGAS issues. In this role, the Senior Manager is charged with marketing, networking, and business development within an area of expertise while maintaining key client relationships and acting as the primary contact for clients regarding complex questions and information. Additionally, the Senior Manager is a critical part of the offices / region's Assurance leadership team and will be involved in the direct supervision, problem resolution and delegation stages of the overall audit.

Requirements

• Bachelor's degree, required; with a focus in Accounting, Finance, Economics or Statistics, preferred.
• Seven (7) or more years of prior relevant audit experience and/or public accounting, private industry accounting or consulting/professional services experience, required.
• Prior significant supervisory experience, required.
• Active licensed US CPA, recognized active International Equivalent or unique qualification as defined by BDO's Assurance Licensing Policy, required.
• Proficient with the Microsoft Office Suite, required.

Nice To Haves

• Master's degree in Accountancy, preferred.
• Advanced industry experience in one or more assurance specialty, preferred.
• Experience with assurance applications and research tools, preferred.

Responsibilities

• Applies advanced knowledge and understanding of the collective effect of various factors on establishing or enhancing effectiveness, or mitigating the risks, of specific policies and procedures.
• 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.
• Identifies and delegates functions of the audit to the auditor in charge as deemed appropriate.
• Supervises the work of audit team and reviews workpapers and conclusions preferably onsite during audit field work.
• Provides on-the-job-training to the engagement staff during audit field work.
• Applies advanced knowledge and understanding of governing principles of Governmental Accounting Standards (GASB).
• Identifies and consults with clients on the impact of new accounting pronouncements.
• Monitors and communicates important professional, industry pronouncements.
• Drafts complex financial statements and related footnote disclosures and effectively communicates these to client.
• Documents and communicates an understanding and application of professional standards on an engagement.
• Applies advanced knowledge of professional standards/practices, including GAAS in performing and supervising work.
• Communicates matters required to be reported to those charged with governance.
• Applies advanced knowledge and understanding of the Government Auditing Standards (GAGAS) and the principles of the Uniform Guidance as it applies to single audits.
• 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 BDO 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.
• Prepares memo supporting research/conclusions and consults with others if appropriate.
• Supervises managers, associates, and senior associates on all projects.
• Reviews work prepared by managers, associates and senior associates and provide review comments.
• Acts as a Career Advisor to associates and senior associates.
• Schedules and manages workload of associates and senior associates.
• Provides verbal and written performance feedback to associates and senior associates.
• Teaches/coaches managers, seniors, and associates to provide on the job learning.

Benefits

• Employee Stock Ownership Plan (ESOP) providing a stake in the firm's success.
• Comprehensive compensation and Total Rewards benefits offerings.
• Flexibility and opportunities for advancement.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree