Senior Assurance Associate
The Senior Associate is responsible for performing the audit procedures, or other assurance procedures such as reviews or compilations, for our clients. Senior Associates may also assist with the preparation of tax returns and tax planning for certain assurance clients. This individual prepares and analyzes financial reports, prepares assurance workpapers, and is a key member of the assurance engagement team. On larger engagements, they will be responsible for supervising Associates on the team.
Essential Duties and Responsibilities
The essential functions include, but are not limited to the following:
- Work on assigned segments of audit or other assurance engagements, including, in some instances assuming substantial or full responsibility (under supervision) for small assurance engagements involving compiled or reviewed financial statements and tax returns.
- Review and analyze client's internal controls.
- Plan engagements to achieve overall increased quality goals and reduce time required to perform an engagement (experienced seniors only)
- Produce a complete and accurate work product and apply problem solving techniques that reflect advancing technical/professional knowledge.
- Self-review all workpapers, financial statements, and tax returns before submission to Manager for further review. On some engagements, review of workpapers and financial statements prepared by Associates and/or Interns.
- Responsible for completion of all financial statements, and deliverables for the assigned client
- Review the assembly of reports, statements, and other deliverables processed by administrative staff.
- On all engagements, assist with delegation of work to Associates and/or Interns. On larger engagements, assist with supervising field work.
- Supervise and train associates and interns.
- Recognize potential problem areas in engagements and suggest potential solutions to the Manager or Director. Communicate budget issues and escalate concerns to the Manager or Director.
- Monitor project status and communicate schedule adjustments to Managers and/or Directors.
- Engage in direct client contact, respond to client calls and correspondence in a timely manner, and build an effective working relationship with the client and client accounting personnel. In some instances, serve as the primary point-of-contact with the client.
- Regularly read and be familiar with pronouncements from the American Institute of Certified Public Accountants (AICPA), Financial Accounting Standards Board (FASB), and Internal Revenue Service (IRS) tax laws and updates.
- Begin to develop industry expertise/specialization of interests.
- Participate in firm administrative functions such as being on firm committees or the firm service area (professional services, not-for-profit, government contractors, etc.)
- Actively seek work to stay productive and monitor personal production in relation to annual budgets and goals.
- Actively participate in recruiting, coaching, and developing others.
- Proactively pursue professional development, completion of CPE requirements, and new opportunities for career and professional growth
- Participate and get involved in the community (boards, local groups, etc.)
- Effectively use industry or community networks and other organizations to seek work opportunities for the Firm; continue to build a list of contacts or centers of influence that provide referral sources to the Firm.
- Perform other duties as assigned
Minimum Qualifications (Knowledge, Skills, and Abilities)
- Bachelor's degree in accounting, finance, business or related field preferred
- 2+ years progressive accounting experience in public accounting or similar work environment
- Ability to sit for and pass the CPA examination.
- Excellent analytical, technical, and auditing skills including knowledge in US GAAP and GAAS.
- Strong organization, oral and written communication skills
- Strong research skills, must be able to regularly read and demonstrate expertise with pronouncements from the AICPA, FASB, and IRS tax laws and updates.
- Ability to work independently, with teams, and manage multiple projects and deadlines simultaneously.
- Effectively work in a virtual environment
- Certain assurance clients may require meetings and fieldwork on site so the Senior Associate must be willing and able to travel, usually local areas to Dembo Jones' offices.
- Strong computer aptitude, which includes expertise with Microsoft Excel and Word as well as proficiency with all accounting software necessary for performing your assignments.
- Must be up to date on the AICPA and state CPA societies' rules, regulations, and Code of Ethics
- If already licensed as a CPA, must maintain the qualifications such as annual CPE to meet license requirements.
Physical Demands and Work Environment
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.
While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers, handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate
Dembo JonesRockville, MD
Finance and Insurance
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