IT Audit Assurance Senior, IS Assurance

Job Summary:

The Assurance Senior, IS Assurance is responsible for assisting in the planning of the IT audit engagement and executing the IT risk assessment and control evaluation to determine impact of controls on financial audit procedures. In this role, the Assurance Senior, IS Assurance will be charged with designing and executing procedures to understand and test the client IT environment and related IT general controls (ITGCs) including, but not limited to, IT system logical access, change management, and IT operational controls, as well as testing business process controls, key reports, and information produced by entity (IPE) for various client industry environments. Additionally, the Assurance Senior, IS Assurance will be responsible for providing training, mentoring and technical guidance to IS Assurance Associates.

Job Duties:

Risk and Controls Focus

• Applies knowledge and understanding of IT risks and controls by:
  • Understanding and documenting client environments and the impact that IT has on related audit risks
  • Identifying controls that help mitigate the risks associated with IT in relation to the client environment
  • Obtaining and documenting an understanding of the client control environment, designing test procedures, conducting, and documenting tests of controls
  • Documenting results of procedures, as well as deficiencies, and assessing the impact of these procedures on the overall financial reporting control environment
  • Reading and reviewing client information and control documentation, ensuring accuracy and completeness of information, and ensuring that all supporting information is documented in the workpapers, and appropriate testing is performed
  • Identifying complex issues and bringing them to the attention of the team and management where necessary for resolution
  • 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

Professional Competence

• 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:
  • Applying knowledge of auditing theory, a sense of professional skepticism, and the use of BDO audit manuals
  • Applying auditing standards and methodology to various client situations
  • Identifying complex issues, including deviations, and working through complex situations collaboratively with the team and client, seeking the counsel of BDO technical experts as needed
  • Applying knowledge to identify instances where testing may be reduced or expanded and providing counsel to the members of the audit team
  • Preparing and communicating results of procedures to the client 

Other

• Applies knowledge and understanding of governing principles; and documenting and communicating an understanding and application of these principles by:
  • Planning and executing IT audits, including obtaining an understanding of the IT environment, risk and controls, and designing and executing procedures to evaluate them
  • Building a knowledge base by reading and understanding methodology, relevant standards, and regulations
  • Reading and reviewing clients’ information and documentation, ensuring accuracy and completeness, and ensuring that all supporting information is documented in the workpapers and through appropriate testing
  • Applying BDO methodology, industry standards and guidance, and new pronouncements to client situations

Supervisory Responsibilities:

• Establishes deadlines and executes procedures and oversight to meet set deadlines
• Sets the tone for teamwork by supporting others in their work and delivering on commitments made to team members and clients 
• Reviews work performed by associate staff, provides feedback, and detail-reviews all procedures performed
• Teaches/coaches associate team members to provide on-the-job learning
• Tracks status, schedule, and budget for reporting to the team and the client