JOB DETAIL

Job Information

Job Code:

                    AUD410

Level: L4

Job Title:

SOC Senior Associate

Reports To Position:

SOC Audit Partner

Department (Name / ID) :

SOC (17)

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 Senior Associate will be responsible for coordinating the day-to-day in-charge duties of planning, fieldwork and wrap-up for the preparation of third party attestation reports, including Service Organization Control (SOC) 1, SOC 2, and WebTrust for CAs, as well as HITRUST, and 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 other business process or IS assurance related engagements, including SOX, IT general control testing for private company financial audit engagements, and agreed-upon procedure engagements.

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 controls and accounting procedures;
• Documenting and validating the operating effectiveness of the clients’ internal control system;
• Supervising and reviewing the work of staff
• 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.

Other

• Applies knowledge and understanding of governing principles; applying these principles to client transactions; and documenting and communicating an understanding and application of these principles by:
  • Planning and executing attestation examinations including obtaining an understanding of the control environment, designing test plans, evaluating deficiencies and assessing the overall financial reporting control environment.
  • Reading and reviewing clients’ reports, ensuring accuracy and completeness, and also ensuring that all supporting information is documented in the workpapers and through appropriate testing;
  • Preparing required communications to the Client and the Audit Committee, as applicable;
  • Recognizing and applying new pronouncements to client situations;
  • Identifying, analyzing and discussing alternative principles with the Manager, Senior Manager and engagement partner and the client, as needed;
  • Identifying complex issues and brings them to the attention of superiors for resolution;
  • Coaching less experienced team members in new areas

    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 accounting topics and forming an initial opinion on the treatment independently.

• Other duties as required

Supervisory Responsibilities:

• Provides verbal and written performance feedback to Associates on assigned engagement teams
• Supervises the work assignments of Associates on assigned engagement teams
• Other duties as required

Qualifications, Knowledge, Skills and Abilities

Education:

• Bachelors degree in Accounting, Computer Science, Management Information Systems, Business Administration, Finance or Economics required
• Masters degree in Accounting and minor or dual major in Information Systems or other relevant advanced degree preferred

Experience:

• More than two (2) years of prior experience in IT, internal or external audit preferred[AH1] 
• More than one (1) year of prior supervisory experience preferred[AH2] 
• Experience performing internal control reviews preferred[AH3] 
• Experience performing SOC, WebTrust, HITRUST, SOX, ISO 27001 and security/privacy advisory engagements preferred

    License/Certifications:

• CPA, CISA, CISSP, CISM, C|EH, CRISC, CGEIT, CCSFP or ISO certification preferred or working towards

Software:

• Proficiency in Microsoft Office Suite, specifically Word, Excel and PowerPoint
• Prior experience with various applications (e.g., ERP systems), operating systems (e.g., UNIX, Windows); and databases (e.g., Oracle, SQL) preferred
• Exposure to cloud platforms, SaaS applications, security and engineering tools, and other industry[AH4]  software preferred

Language:

• N/A

Other Knowledge, Skills & Abilities:

• Basic understanding and experience planning and coordinating the stages to perform technology-focused audits and assessments
• Knowledge of internal controls and professional standards and regulations (SOC, ISO, WebTrust, HITRUST, Sarbanes-Oxley, etc).
• Knowledge of data analytics and emerging technologies desired
• 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 successfully multi-task while working independently and within a group environment
• Solid analytical and diagnostic skills and ability to break down complex issues and implementing appropriate resolutions
• Capable of working in a demanding, deadline driven environment with a focus on details and accuracy
• Solid project management skills
• Ability and willingness to travel up[AH5]  to 40% required