JOB DETAIL

Job Information

Job Code:

                    AUD322

Grade:

Associate

Job Title:

SOC Associate

Reports To Position:

SOC Associate Director

Department (Name / ID) :

SOC (17)

About BDO RISE

BDO RISE stands for round-the-clock international services for excellence and provides exceptional client services to our clients based in the US.   BDO RISE accesses the abundance of highly credentialed professionals in India across a wide range of disciplines, bringing their skills and talents to help solve the complex business issues that arise in a world that never sleeps.  Our professionals operate seamlessly as part of BDO USA engagement teams, leveraging consistent best practices while accessing our global resources to deliver outstanding service and solutions for our clients. BDO RISE serves BDO USA clients across our Assurance, Tax, Advisory and BDO Digital practices. On every engagement, our India-based professionals work closely and collaboratively with US-based counterparts as one integrated team; the BDO approach is one of collective responsibility and shared recognition. We value diversity of perspectives and skills. And we recognize that in an increasingly complex world, the need for professional growth is constant. BDO is fully committed to the ongoing career development of our people – with mentorship relationships, and with structured training. 

Job Summary

BDO’s Core Purpose is Helping People Thrive Every Day. Our Core Values reflect how we manage our work, our relationships and ourselves. As an employee of the firm, you will live true to our Core Values of people first, being exceptional every day in every way, embracing change, feeling empowered through knowledge and choosing accountability. Our Core Values are the standards by which we conduct ourselves day in and day out, both internally and externally.

The SOC Associate will be responsible for the preparation of third-party attestation reports, including Service Organization Control (SOC) 1, SOC 2, WebTrust for CAs, SOC for Cyber, HITRUST, ISO, applying most areas of the governing standard as necessary and documenting, validating, testing and assessing various control systems. This position may also be involved in business process or IS assurance related engagements, including SOX, IT general control testing for private company financial audit engagements, and agreed-upon procedure engagements, as needed.

 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 by:
• Identifying and considering all applicable policies, laws, rules, and regulations of the firm, regulators, or other authoritative bodies as part of engagement team.
• Making constructive suggestions to improve client internal control procedures.
• Documenting and validating the operating effectiveness of the clients’ internal control system;
• Documenting business and IT processes and controls and tests key controls for service organizations in a variety of industries;
• Identifying and prioritizing key risks, and assesses their impact and likeliness of occurrence;
• Communicating to the client areas to improve processes, strengthen controls, mitigate risks, and/or increase efficiency;
• Developing and maintaining relationships with client personnel and management; and
• Ensuring technology is appropriately integrated into the examination process.

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 by:
• Developing and applying an intermediate knowledge of auditing theory, a sense of audit skepticism, and the use of BDO audit manuals;
• Applying auditing theory to various client situations;
• Documenting working papers and attestation reports in line with BDO policy, identifying deviations and notifying more senior team members in order to obtain appropriate approvals;
• Applying knowledge to identify instances where testing may be reduced or expanded and notifying more senior team members of the occurrence; and
• Contributing ideas and opinions to the engagement team.

Methodology

• Applies knowledge and application of BDO standards to guide effective and efficient delivery of quality services and products by:
• Completing all appropriate documentation of BDO work papers; and
• Ensuring assigned work is performed in accordance with BDO methodology and requirements. 

Research

• Applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a target issue based on the information by:
• Researching basic and intermediate topics and forming an initial opinion on the treatment independently.

                                                                                                                                                                                    Training

• Attend professional development and training sessions on a regular basis
• Complete required CPE hours to maintain applicable certifications
• Other duties as required 

Qualifications, Knowledge, Skills and Abilities

Education:

• Bachelor’s degree in accounting, Computer Science, Management Information Systems, Business Administration, Finance or Economics required
• Master’s degree in accounting and minor or dual major in Information Systems or other advanced degree preferred

Experience:

• Leadership experience in student committees preferred
• Relevant experience-based internship beneficial

License/Certifications:

• Actively pursuing or eligibility to pursue CPA, CISA, CIA, CISSP, CCSFP or other relevant certification preferred or working towards 

Software:

• Proficiency in Microsoft Office Suite, specifically Word, Excel and PowerPoint

Other Knowledge, Skills & Abilities:

• Strong verbal and written communication skills with the ability to adapt style and messaging to effectively communicate and interact with professionals at all levels both within the client organization and the firm
• Ability to follow instructions as directed
• Ability to successfully multi-task while working independently and within a group environment
• Capable of working in a demanding, deadline driven environment with a focus on details and accuracy