Audit Supervisor/Manager
Qualifications and Skills Bachelors/Masters in Accounting More than 8 years of audit experience in CPA Firm Ability to direct an audit engagement through all stages from planning to issuance of deliverables, and ability to ensure timely completion of all components of the engagement Strong technical knowledge and skills Strong interpersonal and relationship-building skills Strong project management skills Team management skills - the ability to coach, motivate and direct a team of people Excellent verbal and written communication skills Education: Bachelor's (Required) License: CPA (Preferred) Essential Functions Must be involved in the planning, monitoring and completion of all engagements assigned. All engagements should commenced no later than three weeks after the end of the company’s fiscal year, if is possible. Must supervise and complete all routine engagements Must supervise both staff I, staff II, and seniors, provide feedback to them, and evaluate their progress on an engagement basis. This includes analyzing efficiency and profitability of engagement. Act as an a team scheduler and take an active role in optimizing the utilization of staff and others in the group. Must become experts in the assigned area. Assist the firm in administrative functions. Clients billing preparation. Must be aware that progress billings have been issued on a timely basis and must prepare final billing. The final billing will be issued as the financials are being issued to the client. In addition should be involved in all technological changes that could be carried out by the firm. Must provide up to date information on work in process as well as engagements to be started on a weekly basis. Must be involved in the firms continuing professional education program and other committees such as, quality, information system, technical and recruitment. Recognize opportunities to provide additional services to existing clients. Submits timesheets on time. (Contributes to timely revenue recognition; reduces expenses related to non-compliance.) Works closely with counselor to plan for success by taking responsibility for personal career development, meets all performance management deadlines and requirements, and proactively seeks and provides quality performance feedback on a regular basis. Understands and complies with the firm’s independence policies, code of conduct, and any other applicable practice-specific policies and procedures. Optimizes use of hours available by accurately forecasting chargeable time. Maintains accurate scheduling information and adheres to unassigned staff sign-in process; submits timely work requests. Personal Characteristics Work closely with counselee to plan for success: serve as formal counselor, proactively meet with each counselee, and actively solicit feedback from individuals with whom counselee works, be accountable for counselee’s compliance with requirement, and actively participate in the Annual Review Process. Serves as formal resource to new hires at all levels to assist with their acclimation to the Firm environment (introduction to the group’s culture, standards, and team environment). Supports recruiting activities; actively recruits qualified candidates and submits referrals, continues to follow up with these people after joining the firm. Program leader in internal learning programs or initiatives, or contributes to the development of the Firm Actively develops staff team by setting expectations up front, provides on-the-job training, and honestly and tactfully discusses development issues with staff and senior to enhance their professional development. Builds a team environment on engagements and in office (loyalty and dedication) Promote flexibility to enable our people to achieve both their personal and professional goals. Contribute to the success and support of Flexible Work Arrangements. Demonstrate positive attitude (responsibility, integrity, appearance, commitment, ambition, etc.) Professional Skills Must be a certified public accountants or CPA candidate with expected passing during the next four exam periods. Has developed deep expertise and strong knowledge in the practice’s target industry(s). Appropriately approaches and deals with judgmental audit or technical areas/issues and effectively uses firm experts. Documented appropriately. Implements/initiates the process to continuously obtain feedback from clients. Delivers high-quality services and initiates key relationships. Functions as a key contact, as viewed by client. Actively seek key relationships and consistently deliver high-quality service. Serve as a key contact for a client. Manage audit engagements consistent with the Firm’s quality and client service standards as well as all audit and accounting standards. Performs of required sign offs, maintaining documentation that is through, complete, legible and well organized, maintaining pending lists of open areas to ensure they are resolved prior to sign off. Ensure appropriate professional skepticism is exercised throughout audit engagements. Identify accounting and audit issues and appropriately document the issues and their conclusions. Participate in pre-engagement planning, including SAS 99, with key team members and client personnel, where applicable, to discuss budgets, client expectations, team member roles and other pertinent engagement requirements. Integrate and work effectively with Tax Department in support of “One Firm”. Perform timely review of all work papers, provide on the job training experiences for team members, ensure significant matters considered and conclusions reached are properly documented and promptly filed Perform effective wrap-up of engagement, assisting manager or partner after leaving the field, clearing all review notes, assisting manager or partner with report issuance/ concurring review process, placing files to disk/network and complying with document retention policy, binding and filing work papers in the office and ensuring engagement reviews have been completed and discussed. Participate in client and audit committee meetings. Assist in drafting key engagement documents including engagement letters, audit committee presentation, representation letters and completion documents. Ensure engagement team completes engagement reviews in a timely manner. Discuss with engagement manager or partner development opportunities within the engagement process to allow more inclusion of the entire team in various engagement activities. Competency and Technical Skills Actively contribute to improve the practice through involvement in national initiatives. Participates in client planning and status update sessions Leads account planning effort for specified clients. Contribute to knowledge sharing environment by using all practice-specific performance and related databases/tools; submit information that is relevant and reusable. Ensure the timely delivery and maintain regular contact with partners, managers and project team members and help them manage issues, scope and risk associated with engagements. Engagement Management. Effectively communicate economic performance to partner and manager. Proactively and consistently monitor engagements for billing opportunities. Evaluate all out-of-scope and engagement budget deviations for additional billings. Maximize time spent on client engagements. Meets utilization targets and realization goals. Contribute to engagement sales and profitability by drafting proposal letters, engagement letter and creating budgets. Monitors engagements for incremental billing opportunities. Manage engagement administration by proactively and consistently monitoring engagements for incremental billing opportunities to maximize engagement profitability. Establish and meet engagement team budgets for engagements through planning and execution, monitoring performance against budget, and reconciling to contract runs. Provide manager or partner with timely feedback about anticipated overruns or out of scope work. Ensure effective utilization of associate to minimize unassigned time, providing meaningful assignments with the appropriate leverage.
