Assurance Experienced Manager, Real Estate

The Assurance Experienced Manager is responsible for supervising, directing, and reviewing the results through the delegation of tasks throughout the planning, field work and “wrap-up” stages of an Audit client engagement.  In this role, the Assurance Experienced Manager is charged with marketing, networking, and business development within an area of expertise, as well as the responsibility of ensuring engagement profitability involving billings and collections. Traditionally responsibilities of the Assurance Experienced Manager will include advising the client on various economic and regulatory risks within their industry, resolving complex accounting issues, apply GAAP and GAAS consistently within complex situations, writing technical consultation memos on GAAP / GAAS issues, and documenting, validating, testing, and assessing various financial reporting control systems.   

Job Duties:

Control Environment:

• 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, seeking counsel of BDO technical experts as needed

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
• Reviews Section 404 internal control audit work all necessary checklists to ensure their completeness 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
• Applies the use of efficiency tools such as statistical sampling, CAATS, etc.

Methodology:

• Applies advanced knowledge and application of BDO standards, policies and technology 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/continuance procedures where appropriate
• Plans the audit process and oversees the execution of procedures with quality, efficiency, and completeness despite pressures of deadlines
• Executes proper BDO methodology throughout the audit
• Engages with specialists as necessary and is involved in their work, including real estate valuation and REIT tax specialists, as needed

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 RTD or concurring reviewer effectively and accurately

Other Responsibilities:

• Manages engagement profitability, including billings and collections, and maintaining engagement team focus on productivity and efficiency
• Participates in audit committee meetings and planning/wrap-up communications with those charged with governance
• Involves themselves in business development activities for the Real Estate & Construction industry group
• Other duties as required

Supervisory Responsibilities:

• Sets the tone for teamwork by supporting others in their work and delivering on commitments made to the team members and clients 
• Supervises associates and senior associates on all projects
• Reviews work prepared by, associates and senior associates and provides review comments
• Acts as a Career Advisor to associates and senior associates
• Schedules and manage workload of associates and senior associates
• Creates engagement budgets, monitors economics, and prepares invoices 
• Provides verbal and written performance feedback to associates and senior associates
• Teaches/coaches seniors and associates to provide on the job learning

Qualifications, Knowledge, Skills and Abilities:

Education:

• Bachelor’s degree in Accounting, required
• MBA or Master’s degree in Accounting, preferred

Experience:

• Five (5) or more years work experience, required
• Significant supervisory experience, required
• Two (2) or more years of team lead or in-charge experience overseeing staff on multiple engagements, preferred
• Experience in working with valuation specialists, preferred
• Experience auditing real estate companies, preferred

License/Certifications:

• CPA or international equivalent, required

Software:

• Experience in the use of various assurance applications and research tools, preferred
• Microsoft Office Products, specifically Windows, Word, Excel, and PowerPoint, preferred
• Experience utilizing data analytics tools, preferred

Other Knowledge, Skills & Abilities:

• Ability to demonstrate strong leadership skills and be a role model to other managers, seniors, and staff
• Advanced GAAP and GAAS knowledge
• Sound working knowledge of SEC and PCAOB rules
• Possesses excellent verbal and written communication skills
• Possesses excellent people development and delegation skills, including training/instruction and engagement scheduling and budgeting
• Ability to substantially take charge of entire engagements
• Ability to resolve complex accounting issues
• Possesses executive presence, with the ability to be the primary contact for the client, as well as prepare and present presentations to clients and potential clients
• Possesses excellent client development and relationship-building skills
• Possesses excellent decision-making skills
• Possesses interest in and ability to participate in business development activities

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.

• Illinois Range: $110,000-135,000
• Minnesota Range: $104,000-120,000

About Us

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.” 

*Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability/vets