Job Summary:

The Audit Manager is responsible for supervising and reviewing the results through the delegation of tasks throughout the planning, field work and "wrap-up" stages of a client engagement. In this role, the responsibilities of the Audit Manager will include advising the client on various risks, resolving complex accounting issues, apply GAAP and GAAS consistently within complex situations, assisting with writing technical consultation memos on GAAP / GAAS issues, and documenting, validating, testing, and assessing various financial reporting control systems.

Job Duties

• 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 a broad understanding of objectives and components of the overall control environment and organization, and supervisory controls
• Validates and assesses effectiveness of internal control over financial reporting
• Identifies and communicates to management and audit committee suggestions to improve client internal controls and accounting procedures
• Identify and delegates functions of the audit to the auditor in charge as deemed appropriate
• Supervise the work of audit team and review workpapers and conclusions preferably onsite during audit field work
• Provide on-the-job-training to the engagement staff during audit field work.

GAAP

• Applies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles
• Identifies and consults with clients on the impact of new accounting pronouncements
• Monitors and communicates important professional, industry pronouncements
• Presents and discusses alternative generally accepted accounting principles and arguments for/against such alternatives
• Drafts complex financial statements and related footnote disclosures and effectively communicates these to client
• Identifies complex accounting issues and forms and documents resolution.

SEC And PCAOB

• Applies knowledge and understanding of SEC regulations and PCAOB guidelines, and documents and communicates the application of these principles
• Reviews SEC filings, including MD&A, financial statements, and disclosures for appropriateness in form, content, completeness, and accuracy, and ensures that quarterly reviews are properly performed
• Reviews required communications to the client and Audit Committee, ensuring their completeness, accuracy, and compliance with Firm and professional guidelines
• Ensures compliance with engagement independence requirements and consults internally as needed.

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
• Applies a thorough knowledge of professional standards/practices, including GAAS and PCAOB in performing and supervising work
• Provides guidance to others and affirms conclusions made by others
• Communicates matters required to be reported to the Audit Committee/Board and those charged with governance.

Methodology

• Applies knowledge and application of standards that guide effective and efficient delivery of quality services and products
• Conducts detailed review to assure audit is completed in accordance with assurance manual standards
• Prepares or reviews required communications to management and audit committees, ensuring timeliness and completeness
• Recommends appropriate outcomes to critical issues
• Initiates and prepares client acceptance/retention procedures where appropriate
• Plans the audit process and oversees the execution of procedures with quality, efficiency, and completeness despite pressures of deadlines.
• Executes proper 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 that information
• Defines methodology to conduct research projects and completes in a timely manner
• Applies comprehensive knowledge of all appropriate research tools and draws conclusions based upon appropriate research
• Prepares memo supporting research/conclusions and consults with others if appropriate
• Presents issues to concurring reviewer effectively and accurately.

Education

• Qualifications, Knowledge, Skills and Abilities:
• Bachelor's degree, required; major in Accounting, Finance, Economics or Statistics, preferred
• Master's degree in accountancy, preferred.

Experience

• 5 or more years of prior relevant external audit experience in public accounting is required
• Prior experience as a manager required
• Extensive SEC public filer client experience preferred
• Experience in Internal Audit, IT Audit, and or other positions that are not specifically external audit at a CPA firm are not relevant.

License/Certifications

• Active licensed US CPA required
• Experience working at CPA firms while located in the US is required.

Other Knowledge, Skills & Abilities

• Expert GAAP and GAAS knowledge
• Expertise with SEC and PCAOB reporting rules
• Possess proven excellent verbal and written communication skills
• Possess excellent people development and delegation skills, including training/instruction and engagement scheduling and budgeting
• Possess executive presence - need to be able to be primary contact for the client, prepare and present presentations to clients, audit committees, board of directors, and potential clients
• Possess excellent decision-making skills
• Ability to resolve complex accounting issues.