Assurance Senior Manager, Non-Profit

Job Summary:

The Assurance Senior Manager, Non-Profit will be responsible for developing suggestions to improve client internal controls and accounting procedures. The role will also advise clients 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 and GAAS and composing technical consultation memos on engagements related to GAAP / GAAS issues. The individual in this role will be 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, Assurance Senior Manager, Non-Profit will be is a critical part of the offices / region’s Assurance leadership team and will be involved in the direct supervision of numerous staff on various in process engagements, problem resolution and delegation stages of the overall concurrent process audits.

Job Duties:

Control Environment and Risk Assessment

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

Applies an advanced 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 and over compliance in an audit performed in accordance with government auditing standards

Identifies and communicates to management and audit committee results of the annual audit and makes 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 the audit team and reviews workpapers and conclusions during audit field work

Provides on-the-job-training to the engagement staff during audit field work

GAAP

Applies advanced knowledge of GAAP, not-for profit industry specific issues and understanding of Government Auditing Standards; applies these principles to client transactions; and documents and communicates an understanding and application of these principles

Identifies and consults with clients on the impact of new or recently issued accounting pronouncements

Presents and discusses alternative application of generally accepted accounting principles and arguments for/against such alternatives

Drafts complex financial statements and related footnote disclosures and effectively communicates these to the client

Identifies complex accounting issues and forms and documents resolution, seeking counsel of BDO technical experts as needed

Considers Uniform Guidance rules in understanding and executing financial statement audits under Government Auditing Standards

GAAS

Applies advanced 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 advanced knowledge of professional standards/practices, including GAAS and GAGAS 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, Advanced Data Analytics, etc.

Methodology

Learns and then applies advanced knowledge and application of BDO standards, policies and technology that guide effective and efficient delivery of quality services and products

Conducts detailed reviews to assure audit is completed in accordance with BDO’s assurance manual standards

Prepares or reviews required communications to management and audit committees, ensuring timeliness and completeness

Concludes and 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 throughout the audit and through proper archiving procedures

Research

Applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a targeted issue based on that information

Defines the team’s approach to conducting research projects and ensures their timely completion

Applies advanced 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 the National Regional Technical Principle or concurring reviewer effectively and accurately

Other duties as required

Supervisory Responsibilities:

Sets the tone for teamwork by supporting others in their work and delivering on commitments made to the team members and clients

Supervises assurance managers, associates and senior associates on all concurrent engagements

Reviews work prepared by assurance managers, associates and senior associates, and provides review comments

Acts as a Career Advisor to various assurance associates and senior associates assigned as advisees

Schedules and manages workload of RISE team members, assurance associates and senior associates

Provides verbal and written performance feedback to subordinates

Teaches/coaches assurance managers, seniors and associates to provide on-the-job learning

Qualifications, Knowledge, Skills and Abilities:

Education:

Bachelor’s or Master’s degree in Accounting, required

MBA/Masters in Accountancy, preferred

Experience:

Seven (7) years of work experience, required

Significant supervisory experience, required

License/Certifications:

CPA, required

Software:

Proficient in the use of Microsoft Office Products, including Windows, Word, Excel, and PowerPoint, required

Proficient in the use of various assurance applications and research tools, preferred

Language:

N/A

Other Knowledge, Skills & Abilities:

Ability to demonstrate strong leadership skills, and be a role model to managers and staff

Advanced GAAP, GAS and GAAS knowledge

Strong working knowledge of the Uniform Guidance

Excellent verbal and written communication skills

Excellent people development and delegation skills, including training/instruction and engagement budgeting

Executive presence with the ability to act as the primary contact for clients, as well as prepare and present presentations to clients and potential clients

Excellent client development/relationship-building skills

Excellent decision-making skills

Ability to take charge of an entire engagement

Ability to research and resolve complex accounting issues

Ability to be part of business development and marketing for the non-profit group

Able to promote the use of all BDO client service specialties/offerings, including BDO International and the BDO Alliance

Able to be responsible for engagement profitability, including billings and collections, and maintaining engagement team focus on productivity and efficiency

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.

NYC/Long Island/Westchester Range: $140,000 - $165,000

Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world.

At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.

BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. 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.

We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual. With industry knowledge and experience, a breadth and depth of resources, and unwavering commitment to quality, we pride ourselves on:

Welcoming diverse perspectives and understanding the experience of our professionals and clients

Empowering team members to explore their full potential

Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities

Celebrating ingenuity and innovation to transform our business and help our clients transform theirs

Focus on resilience and sustainability to positively impact our people, clients, and communities

BDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more!

Benefits may be subject to eligibility requirements.

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