Internal Audit Manager

The Audit 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 engagement and ensuring completion by client deadlines with a focus on ensuring quality and providing value. In this role, the Audit Manager is charged with overall project management and ensuring engagement profitability involving billings and collections. Traditionally, responsibilities of the Audit Manager will include advising the client on various economic and regulatory risks within their industry, resolving complex accounting issues, applying 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. Responsibilities also include ensuring quality, including completeness and accuracy, throughout all aspects of the financial reporting process of an audit engagement.

Required Experience:

• Bachelors or Master’s degree in Accounting or equivalent

• MBA/Masters in Accountancy is a plus

• Five (5) to eight (8) years prior work experience in public accounting

• Prior significant supervisory experience

• Licensed CPA or international equivalent

• Experience in the use of various assurance applications and research tools as is appropriate for this level

• Microsoft Office Products, including Windows, Word, Excel, and PowerPoint

• Sound GAAP and GAAS knowledge

Essential Job Requirements:

• Able to resolve complex accounting issues

• Able to be responsible for business development and marketing

• Able to be responsible for engagement profitability including billings and collections

• Possess proven solid 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 and potential clients

• Possess client development/relationship-building skills

• Possess solid decision-making skills

Primary 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 the governing body (e.g., the board of directors) 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 work papers 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 works with the engagement principal to document resolution

• GAAS and GAGAS (Generally Accepted Government Auditing Standards)

• 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 GAGAS in performing and supervising work (Note: Knowledge of GAGAS is not necessary prior to hire)

• 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 firm standards that guide effective and efficient delivery of quality services and products.

• Conducts detailed review to assure audit is completed in accordance with firm policies

• 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 firm 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

• Follows methodology to conduct research projects and completes in a timely manner

• Prepares memo supporting research/conclusions and consults with others if appropriate

• Supervisory Responsibilities • Responsible for supervision of engagement team members on all projects

• Review work prepared by engagement team members and provide review comments

• Act as a career advisor to engagement team members

• Schedule and manage workload of engagement team members

• Provide verbal and written performance feedback to engagement team members

• Teach/coach engagement team members to provide on the job learning

• Other duties as required

FocusPoint works with accounting, technology and healthcare professionals who focus on consistently doing their best and with a good attitude.