Assurance Senior

Overview

The Assurance Senior will coordinate the day-to-day in-charge duties of planning, fieldwork and wrap-up, including preparing financial statements with disclosures, applying GAAP as necessary, and documenting, validating, testing and assessing various control systems. This position acts as the client contact for basic questions and information and may be involved in reviews and agreed-upon procedure engagements.

• Applies knowledge of the collective effect of factors on policies and procedures to establish or enhance effectiveness or mitigate risk, including:
  • Applying knowledge of transactional flow and key transactional cycles to complete audit work
  • Documenting, validating and assessing the design and operating effectiveness of the client’s internal control system
  • Identifying and communicating suggested improvements to client internal controls and accounting procedures to reduce risk
  • Supervising and reviewing the work of audit staff

• GAAP: Applies knowledge and understanding of governing principles and documents and communicates understanding and application, including:
  • Communicating financial statement disclosure requirements to clients
  • Drafting complex sets of financial statements with disclosures
  • Recognizing and applying new pronouncements to client situations
  • Identifying, analyzing and discussing alternative generally accepted accounting principles with the Manager, Senior Manager, engagement partner and the client
  • Identifying complex accounting issues and bringing them to the attention of superiors for resolution
  • Coaching less experienced team members in new areas

• SEC and PCAOB: Applies knowledge and understanding of SEC regulations and PCAOB guidelines, and documents and communicates the application of these principles by:
  • Reading and reviewing clients’ SEC filings, ensuring accuracy and completeness, and ensuring all financial information is documented in work papers and tested appropriately
  • Preparing required communications to the Client and the Audit Committee
  • Planning and executing Section 404 internal control audits, including understanding the control environment, designing test plans, evaluating deficiencies and assessing the overall financial reporting control environment

• GAAS: Applies knowledge and understanding of professional standards and documents and communicates understanding and application on an engagement by:
  • Formulating and communicating the audit plan
  • Applying GAAS to a variety of complex issues and consulting others as appropriate
  • Employing audit skepticism and determining when to reduce or expand testing
  • Utilizing audit manuals as appropriate for the situation
  • Documenting deviations from policy, with approval

• Methodology: Applies knowledge and application of standards to guide effective and efficient delivery of quality services and products by:
  • Coordinating day-to-day conduct of the audit plan to ensure field work is executed and completed as planned, within timetable, with Firm policies and procedures and within budget
  • Applying audit approach and methodologies, including tools and technology, to execute the audit
  • Identifying and proposing outcomes to critical issues

• Research: Applies methodology to seek or maintain information from authoritative sources and draw conclusions regarding a target issue by:
  • Utilizing internal and external research tools and selecting methodology for routine research requests
  • Researching complex areas of accounting, forming an initial opinion on the correct treatment independently and documenting impact on the client and audit engagement
  • Documenting and organizing complicated findings in a usable format
  • Assisting the engagement manager with gathering appropriate information about the business and information system to form the basis for the audit strategy
  • Developing the draft Audit Engagement Planning Memorandum, audit programs and budgets
  • Collaborating with the engagement manager to establish audit staff responsibilities for specific areas of audit work
• Other duties as required

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