Assurance Managing Director, Third Party Attestation

Job Summary:

The Assurance Managing Director, Third Party Attestation is reserved for professionals who have achieved recognition in a specific technical area of third-party attestation reporting. This includes expertise in System and Organization Controls (SOC) 1, SOC 2, SOC 3, SOC for Cybersecurity, WebTrust for CAs, HITRUST, SSPA, ISO, MRC, and CSA STAR.  The TPA Managing Director is qualified to perform certain limited yet critical additional technical functions as an Engagement Director or a Concurring Reviewer. The TPA Managing Director actively participate in the marketing, networking and business development within an area of expertise and specialization while maintaining client relationships and acting as the primary contact for complex questions.  

Job Duties:

Business Acumen

• Applies knowledge of business functions, processes and strategies to provide services, solutions and advice that considers and improves the organization as a whole as evidenced by:
  • Understands core business operations/structure of various businesses
  • Demonstrates advanced knowledge of business issues, trends and industry economics
  • Identifies and discusses key financial and non-financial performance measures
  • Demonstrates ease with client communications

Technical Roles a Director may perform

• When functioning as Engagement Director:
  • May also be, but not required to be, a Client Service Engagement Director. In this capacity, may sign certain third party attestation reports related to these engagements, as well as engagement letters and other correspondence
  • Written pre-approval by the National Practice Leader and the Practice Region RTD and RBLL and the Practice Office OBLL for the specific assignment before a Director may perform duties of Engagement Director
  • The final review of only the third party attestation report must be performed by an Assurance Partner when functioning as Concurring Reviewer
  • Written pre-approval must be obtained from the Practice Region RTD and RBLL and the Practice Office OBLL for the specific assignment before a Director may perform duties of a Concurring Reviewer
  • The Director must be a CPA and demonstrate the requisite industry experience necessary to serve as either the Engagement Director or Concurring Reviewer for the specified engagement
  • When serving as a Concurring Reviewer, the Director is prohibited from performing work on the engagement in other capacities

Control Environment:

• 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 by:
  • Identifying and considering all applicable policies, laws, rules, and regulations of the firm, regulators, or other authoritative bodies as part of engagement team
  • Identifying and making constructive suggestions to improve client internal controls and accounting procedures;
  • Ensuring proper documentation of the clients’ internal control system
  • Ensuring proper documentation of the clients’ business and IT processes and controls and tests key controls in a variety of industries
  • Supervising the work of the audit team and review workpapers and conclusions preferably onsite during audit field work
  • Identifying and delegating functions of the audit to the auditor in charge as deemed appropriate
  • Providing on-the-job-training to the engagement team during field work
  • Identifying and prioritizing key risks, and assesses their impact and likeliness of occurrence
  • Communicating to the client areas to improve processes, strengthen controls, mitigate risks, and/or increase efficiency
  • Developing and maintaining relationships with client personnel and management
  • Ensuring technology is appropriately integrated into the examination process

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 by:
  • Developing and applying an advanced knowledge of auditing theory, a sense of audit skepticism, and the use of BDO audit manuals
  • Applying auditing theory to various client situations
  • Identifying complex issues, including deviations, and forming a resolution, seeking the counsel of BDO technical experts as needed
  • Applying knowledge to identify instances where testing may be reduced or expanded and providing counsel to the members of the audit team

Other:

• Applies advanced knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles by:
  • Planning and executing attestation examinations including obtaining an understanding of the control environment, designing test plans, evaluating deficiencies and assessing the overall financial reporting control environment
  • Reading and reviewing clients’ reports, ensuring accuracy and completeness, and also ensuring that all supporting information is documented in the workpapers and through appropriate testing
  • Preparing required communications to the client and the Audit Committee, as applicable
  • Recognizing and applying new pronouncements to client situations
  • Identifying, analyzing and discussing alternative principles with the Manager, Senior Manager and engagement partner and the client, as needed
  • Identifying complex issues and brings them to the attention of superiors for resolution
  • Coaching less experienced team members in new areas

   
Methodology:

• Applies advanced knowledge and application of BDO standards to guide effective and efficient delivery of quality services and products by:
  • Conducting detailed reviews to assure audits are completed in accordance with assurance manual standards
  • Preparing or reviewing required communications to management and audit committees, ensuring timeliness and completeness
  • Recommending appropriate outcomes to critical issues
  • Initiating and preparing client acceptance/retention procedures where appropriate
  • Planning the audit process and overseeing the execution of procedures with quality, efficiency, and completeness despite pressures of deadlines
  • Executing proper BDO methodology including but not limited to proper archiving procedures

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:
  • Applying advanced knowledge of all appropriate research tools and drawing conclusions based upon appropriate research
  • Preparing memos supporting research/conclusions and consulting with others if appropriate
  • Presenting issues to RTD or concurring reviewer effectively and accurately
• Other duties as required

Supervisory Responsibilities:

• Setting the tone for teamwork by supporting others in their work and delivering on commitments made to team members and clients
• Supervising of managers and senior associates on all projects
• Reviewing work prepared by managers and senior associates and provide review comments
• Acting as a Career Advisor to managers and senior associates
• Scheduling and managing workload of senior associates and associates
• Providing verbal and written performance feedback to managers and senior associates
• Teach/coach managers and senior associates to provide on the job learning

Qualifications, Knowledge, Skills and Abilities:

Education:

• Bachelor’s degree in Accounting, Computer Science, Management  Information Systems, Business Administration, Managerial Marketing and Entrepreneurship, Finance or Economics, required
• Master’s degree in Accounting and minor or dual major in Information Systems or other relevant advanced degree, preferred

Experience:

• Ten (10) or more years of prior experience in internal or external audit, required
• Ability to supervise managers, seniors and staff, as the situation dictates, and motivate team, required
• Experience performing third party attestation reporting, required
• Possess strong third party attestation reporting and GAAS technical skills, including possible industry expertise, required
• Experience performing other internal control reviews (SOX, ISO 27001, etc.), preferred
• Possess executive presence - need to be able to be primary contact for the client, prepare and present presentations to clients and potential clients, required
• Possess excellent risk management decision-making skills, required
• Able to function as Engagement Director on certain engagements as set forth by specific policy, preferred
• Able to integrate with other areas of practice from a leadership and business development standpoint, preferred

License/Certifications:

• One or more of the following certifications are required: 
  • Certified Public Accountant (CPA)
  • Certified Information Systems Auditor (CISA)
  • Certified Information Systems Security Professional (CISSP)
  • ISO 27001 Lead Auditor certification
  • HITRUST Certified Common Security Framework Professional (CCSFP) 
  • Certified Internal Auditor (CIA)
  • Certified Information Security Manager (CISM)
  • Certified Ethical Hacker (C | EH)
  • Certified in Risk and Information Systems Control (CRISC)
  • Certified in the Governance of Enterprise IT (CGEIT)

Software:

• Proficiency in the use of Microsoft Office Suite, required
• Exposure to industry software such as PeopleSoft, JD Edwards, SAP, Lawson, Oracle Financials, Great Plains, Solomon IV and MAS/90-500, UNIX, OS400 or ERP application software packages, preferred

Other Knowledge, Skills & Abilities:

• Advanced understanding and experience planning and coordinating the stages to perform an audit of a basic public and/or private company
• 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
• Able to work in a demanding, deadline driven environment with a focus on details and accuracy
• Solid project management skills 
• Ability to travel as necessary
• Ability to successfully interact with professionals at all levels

 

 

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.

California Range:  $176,000 - $255,000
NYC/Long Island/Westchester Range:  $185,000 - $300,000

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.

Equal Opportunity Employer, including disability/vets

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