Assurance Experienced Associate

BDO USA; United States; On-site; USD 70,000 - 90,000; Full time

Job summary

BDO USA is seeking an Assurance Experienced Associate to prepare financial statements with disclosures, applying GAAP as needed and documenting, validating, and testing internal controls. The role may involve reviews and agreed-upon procedures engagements.

You will work across control, GAAP, GAAS, and methodology areas, contributing to audit engagements and ensuring quality service. Travel may be required as part of client assignments.

Qualifications

• Bachelor’s degree in accounting, finance, economics or statistics, required.
• CPA eligibility required to sit for CPA exams.
• One or more years of prior audit experience required.
• Experience with public accounting or consulting is a plus.

Responsibilities

• Prepare financial statements with disclosures and GAAP awareness.
• Document and validate control effectiveness within client environments.
• Support reviews and agreed-upon procedure engagements.
• Apply BDO methodologies and ensure proper documentation of work papers.

Skills

GAAP/GAAS knowledge

Strong verbal and written comms

Travel willingness

Project management

Analytical and diagnostic skills

Ability to multi-task

Education

Bachelor’s degree in Accounting, Finance, Economics or Statistics, required

CPA eligibility

CPA certification preferred

Master’s in Accountancy, preferred

Tools

Microsoft Office Suite

Assurance applications

Research tools

Job description

Job Summary:

The Assurance Experienced Associate will be responsible for preparing financial statements with disclosures, applying basic areas of GAAP as necessary and documenting, validating, testing, and assessing various control systems. This position may also be involved in reviews and agreed-upon procedure engagements.

Job Duties:

Control Environment:

• 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 by:
• Identifying and considering all applicable policies, laws, rules, and regulations of the firm, regulators, or other authoritative bodies as part of engagement team
• Making constructive suggestions to improve client internal controls and accounting procedures
• Documenting and validating the operating effectiveness of the clients’ internal control system

GAAP:

• Applies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles by:
• Providing support of conclusions with authoritative literature
• Drafting basic sets of financial statements with disclosures
• Researching intermediate areas of accounting and forming an initial opinion on the correct treatment independently

GAAS:

• 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 by:
• Developing and applying an intermediate knowledge of auditing theory, a sense of audit skepticism, and the use of BDO audit manuals
• Applying auditing theory to various client situations
• Documenting in line with BDO policy, identifying deviations and notifying more senior team members in order to obtain appropriate approvals
• Applying knowledge to identify instances where testing may be reduced or expanded and notifying more senior team members of the occurrence
• Contributing ideas/opinions to the engagement teams

Methodology:

• Applies knowledge and application of BDO standards to guide effective and efficient delivery of quality services and products by:
• Completing all appropriate documentation of BDO work papers
• Ensuring assigned work is performed in accordance with BDO methodology and requirements

Research:

• Applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a target issue based on the information by:
• Researching basic and intermediate accounting topics and forming an initial opinion on the treatment independently

Other duties as required:

• Other duties as required:

Supervisory Responsibilities:

• N/A

Qualifications, Knowledge, Skills and Abilities:

Education:

• Bachelor’s degree in Accounting, Finance, Economics or Statistics, required OR Bachelor’s degree in other focus area and CPA certification, required
• Master’s in Accountancy, preferred

Experience:

• One (1) or more years of prior relevant audit experience and/or public accounting, private industry accounting or consulting/professional services experience, required

License/Certifications:

• Eligible to sit for the CPA exams upon starting employment required and actively pursuing completion of the exams, required
• CPA, preferred

Software:

• Proficient with the Microsoft Office Suite, preferred
• Experience with assurance applications and research tools, preferred

Language:

• N/A

Other Knowledge, Skills & Abilities:

• Basic understanding and experience planning and coordinating the stages to perform an audit of a basic public and/or private company
• Ability and willingness to travel, as needed
• Knowledge of internal accounting controls and professional standards and regulations (GAAP, GAAS, Sarbanes-Oxley, etc)
• Strong verbal and written communication skills with the ability to adapt style and messaging to effectively communicate with professionals at all levels both within the client organization and the firm
• Ability to successfully multi-task while working independently and within a group environment
• Solid analytical and diagnostic skills and ability to break down complex issues and implementing appropriate resolutions
• Ability to of work in a demanding, deadline driven environment with a focus on details and accuracy
• Solid project management skills

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.

Salary Ranges:

• California Range: $83,000 - $90,000
• Colorado Range: $75,000 - $80,000
• Illinois Range: $76,000 - $82,000
• Maryland Range: $72,000 - $78,000
• Minnesota Range: $70,000 - $74,000
• NYC/Long Island/Westchester Range: $75,000 - $80,000
• New Jersey Range: $76,500 - $83,000
• Ohio Range: $70,000 - $78,000
• Virginia Range: $80,000 - $85,000
• Washington Range: $80,000 - $85,000
• Washington DC Range: $80,000 - $85,000