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Assurance Experienced Senior, Accounting Advisory & Outsourcing

Assurance Experienced Senior, Accounting Advisory & Outsourcing

BDO USAPotomac, MD, US
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Accounting Advisory & Outsourcing Experienced Senior Associate

The Accounting Advisory & Outsourcing Experienced Senior Associate is responsible for performing and overseeing the full cycle general accounting function for small to mid-size organizations.

Job Duties :

  • Performs complete general ledger reconciliation including the entire balance sheet and applies accounting knowledge by properly recording transactions in a general ledger; creates accounting records such as bill payments, client invoices, payroll, and others; identifies and records adjustments; produces accurate financial statements
  • Comprehends common financial statements and prepares draft financial statements for review; understands how line items / accounts function (e.g., capital accounts, various forms of liabilities, etc.); properly distinguishes debits from credits; calculates / interprets KPIs for clients; identifies positive and constructive trends and raises them to BDO management; understands GAAP and applies it to basic financial statements
  • Conducts basic financial statement analysis and understands the finance and accounting functions generally performed by a business (e.g., sales, purchasing, A / R, etc.) and common best practices / processes for how they operate
  • Prepares financial budgets and forecasts and communicates actual to budget variances
  • Plans basic engagements to include on-boarding and client delivery phases and develops an understanding of engagement economics (i.e., billing and time entry) and adheres to AAO best practices
  • Interacts with clients to gain information, documents data necessary to complete assigned tasks; identifies and organizes clients' financial information; prepares common financial reports and other schedules as requested; formats reports so they are easily read and understood by BDO management and clients; reviews client information for accuracy; uses deductive reasoning to identify anomalies or gaps and communicates significant client issues to supervisor
  • Supports drafting proposals and other documents explaining proposed solutions to clients
  • Articulates AAO's value proposition and understands our target market / client profile
  • Applies our processes, systems, technology, and resources to manage workflow and ensures proper documentation and workpapers
  • Reviews work products and works collaboratively with both AAO and Business Service Center (BSC) team members; produces quality work and sets priorities according to internal and external deadlines and project priority; knows when to raise priority setting conflicts to management
  • Takes personal accountability for work products and accepts constructive feedback to guide future actions
  • Prepares schedules to support the client's audit preparation and tax compliance requirements
  • Participates in advanced special projects, as required
  • Understands and explains tax planning considerations / concepts for various business entities; comprehends the information presented on different tax return forms
  • Recognizes opportunities for innovation, including improvements for handling day-to-day matters, and developing an understanding of process improvements
  • Listens for and communicates client problems and challenges to management that may be opportunities to grow the business and relationships with clients; proficient in technology packages clients are using to support their accounting / finance functions; learns new technology quickly
  • Other duties as required

Supervisory Responsibilities :

  • N / A
  • Qualifications, Knowledge, Skills, and Abilities :

    Education :

  • Bachelor's degree in Accounting or Finance OR six (6) or more years performing general accounting transactions and functions without a Bachelor's degree, required
  • Experience :

  • Consultative or business advisory experience, preferred
  • License / Certifications :

  • Pursuing or passed the CPA certification exam, preferred
  • Software :

  • Proficient in the use of the Microsoft Office Suite, specifically Excel and Word, required
  • Experience utilizing industry standard accounting software, required
  • Experience utilizing BSO (BDODrive) platform software such as Intuit's QuickBooks Online (QBO), Microsoft NAV and Bill.com, preferred
  • Other Knowledge, Skills & Abilities :

  • Excellent verbal and written communication skills
  • Strong analytical and basic research skills
  • Solid organizational skills especially the ability to meet project deadlines with a focus on details
  • Ability to successfully multi-task while working independently or within a group environment
  • Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
  • Ability to interact effectively with people at all organizational levels of the firm
  • Knowledge of how finance and accounting functions, technology for supporting these functions, and how tax planning can differ by industry and business structure
  • Knowledge of what is required from a compliance perspective and what is considered a standard or best practice for the industry or business structure
  • Ability to effectively guide a team of professionals and delegating work assignments as needed
  • Able to travel up to 20% of the time
  • 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 : $80,000 - $95,000 Colorado Range : $80,000 - $95,000 Illinois Range : $80,000 - $95,000 Maryland Range : $80,000 - $95,000 Minnesota Range : $80,000 - $95,000 NYC / Long Island / Westchester Range : $80,000 - $95,000 Washington Range : $80,000 - $95,000 Washington DC Range : $80,000 - $95,000

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