Assurance Senior Associate, Non-Profit & Healthcare

About

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.

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.

Responsibilities

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.
• Applies knowledge of transactional flow and key transactional cycles to complete audit work.
• Documents, validates and assesses the design and operating effectiveness of the clients’ internal control system.
• Identifies and communicates suggested improvements to client internal controls and accounting procedures in an effort to reduce risk within the client organization.
• Provides on‑the‑job training to the engagement staff during audit field work as well as supervise and review the work of the audit staff.

GAAP

• Applies knowledge and understanding of accounting principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles.
• Communicates financial statement disclosure requirements to clients.
• Drafts complex sets of financial statements with disclosures.
• Recognizes and applies new pronouncements to client situations.
• Identifies, analyzes and discusses alternative generally accepted accounting principles with the engagement management team and the client, as needed.
• Identifies complex accounting issues and brings them to the attention of superiors for resolution.
• Coaches less experienced team members in new areas.
• Considers Uniform Guidance rules in understanding and executing financial statement audits under Government Auditing Standards.

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.
• Formulates and communicates the audit plan.
• Applies GAAS to a variety of complex issues and consults others as appropriate.
• Employs audit skepticism and determines when to reduce or expand testing.
• Utilizes BDO audit manual as appropriate for the situation.
• Documents deviations from BDO policy, with approval.

Methodology

• Coordinates the day‑to‑day conduct of the audit plan by ensuring the field work is executed and completed as planned, in accordance with timetable established, with Firm’s policies and procedures and tracks budget to actual and notifies the engagement management team early of expected budget variance.
• Applies BDO audit approach and methodologies, including vast BDO tools and technology available, to execute the audit and through proper archiving procedures.
• Identifies and proposes outcomes to critical issues.

Research

• Utilizes internal and external research tools for documenting issues, approaches and conclusions.
• Researches complex areas of accounting, forming an initial opinion on the correct treatment independently while considering and documenting the impact on the client audit engagement.
• Assists the engagement manager with gathering appropriate information about the business and information system, including the accounting system, to form an adequate basis for the preparation of the audit strategy.
• Drafts the Audit Planning Document and utilizes APT Next Gen to create audit programs.
• Collaborates with the engagement manager to establish the responsibilities of individual audit staff for specific areas of audit work allocation.

Supervisory Responsibilities

• Provides verbal and written performance feedback to Audit Associates.
• Supervises the work assignments of Audit Associates within assigned engagement team.

Other duties as required

Requirements

Education

• Bachelor’s degree in Accounting (required)
• Master’s degree in Accountancy (preferred)

Experience

• Three (3) or more years of prior experience in public accounting (required)
• One (1) or more years of prior supervisory experience (preferred)
• One (1) or more years of relevant experience in the healthcare industry (preferred)
• One (1) or more years of nonprofit audit experience (preferred)

License/Certifications

• CPA (preferred)
• Actively pursuing completion of CPA licensing requirements (preferred)

Software

• Proficient in the use of Microsoft Office Suite, specifically Word, Excel and PowerPoint (preferred)
• Prior experience with various assurance applications and research tools beneficial (preferred)

Other Knowledge, Skills & Abilities

• Solid understanding and ability to plan and coordinate the stages to perform an audit of a basic private company.
• Knowledge of internal accounting controls and professional standards and regulations (GAAP and GAAS, 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 BDO.
• Ability to successfully multi‑task while working independently and within a group environment.
• 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.

Compensation

• Maryland Range: $78,000 – $93,000
• NYC/Long Island/Westchester Range: $84,000 – $105,000
• Washington DC Range: $78,000 – $93,000

Benefits

• Employee Stock Ownership Plan (ESOP) with fully funded annual allocation.
• Comprehensive Total Rewards benefits package (details available to eligible employees).
• Opportunities for professional growth, training, and advancement.

Benefits may be subject to eligibility requirements.