Assurance Experienced Senior, Asset Management

Assurance Experienced Senior, Asset Management

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BDO’s Asset Management and Private Equity Funds practice is a dynamic and rapidly growing practice nationwide, focused specifically on private equity funds, venture capital funds, fund of funds, small business investment companies (SBICs), business development companies (BDCs), real estate funds, and other alternative investment vehicles. The Assurance Experienced Senior will be responsible for the day-to‑day execution of several of our premium asset management clients, including private equity funds and venture capital funds.

These duties encompass the planning, fieldwork execution, and wrap‑up phases of the audit. This role reports directly to a Principal and assists in coordinating with IT, valuation, and tax specialists or other financial assessment fields. The Senior leads the design and supervision of the audit approach, drafting reports and recommendations, and advises clients on financial reporting and regulatory developments. The Senior remains current with regulatory changes through internal and external seminars and is part of a highly motivated, diversified team in a rapidly developing sector.

• Apply knowledge of internal control systems to document, validate, and assess design and operating effectiveness.
• Identify and communicate improvements to client controls and accounting procedures to reduce risk.
• Supervise and review audit staff work.

• Document and communicate application of GAAP to client transactions.
• Draft complex financial statements with disclosures and recognize new pronouncements.
• Discuss alternative GAAP with senior leadership and client stakeholders.
• Coach junior team members on new accounting areas.

• Ensure accuracy and completeness of clients’ SEC filings and document in work papers.
• Prepare communications to clients and Audit Committees.
• Plan and execute Section 404 internal control audits, evaluating deficiencies and overall control environment.

• Formulate and communicate the audit plan, applying GAAS to complex issues.
• Use audit skepticism to determine scope of testing and rely on BDO audit manuals.
• Document deviations from BDO policy with approval.

• Coordinate day‑to‑day audit conduct, ensuring fieldwork is completed on schedule and within budget.
• Apply BDO audit approaches, tools, and technology to execute the engagement.
• Propose outcomes for critical audit issues.

• Utilize internal and external research tools for routine and complex accounting inquiries.
• Document and organize findings for audit strategy preparation.
• Collaborate with engagement manager to assign audit responsibilities.

• Schedule planning, fieldwork, and review; assist in budget development and resource allocation.
• Develop draft Audit Engagement Planning Memorandum, programs, and budgets.
• Monitor and report on engagement budget versus actual, advising on overruns.
• Perform other duties as required.

• Supervise a team of 1–5 audit professionals.
• Provide verbal and written performance feedback.
• Teach and coach associates on on‑the‑job learning.

• Bachelor’s degree in Accounting – required.
• Master’s degree in Accountancy – preferred.

• 3+ years auditing asset managers or fund vehicles, with regulatory experience – required.
• Prior supervisory experience – preferred.

• Actively pursuing CPA license – required.
• CPA – preferred.

• Proficient with Microsoft Office Suite (Word, Excel, PowerPoint) – preferred.
• Experience with assurance applications and research tools – preferred.

• Solid understanding of public and private company audit planning.
• Knowledge of internal accounting controls and professional standards (GAAP, GAAS, SOX).
• Strong verbal and written communication and adaptability.
• Ability to independently manage multiple tasks and deadlines.
• Proficiency in all audit stages, from planning to wrap‑up.
• Excellent analytical, diagnostic, and problem‑solving skills.
• Strong project management capabilities.

Individual salaries are determined based on qualifications, experience, skills, and geography. NYC/Long Island/Westchester: $90,000 – $130,000.

Equal Opportunity Employer, including disability/vets. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.