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Technical Accounting Consulting & Assurance - Associate I

BPM LLP
United States, United Statesfull_timeVerifiedPosted 19 Apr 2023
💰 $70,000/yr

About the role

BPM Overview:
B-P-M stands for “Because People Matter,” because at our core, our people drive everything we do and how we do it. 
We are a forward-thinking, full-service accounting firm providing modern solutions to businesses across the globe. We focus on comprehensive assurance, tax, and consulting services for our clients, and we provide our people and our community with the resources to lead meaningful and purposeful lives.
“Accelerate,” an Early Career Rotational Program
About Accelerate:BPM is excited to offer a unique, early career rotational program for high-performing graduates interested in both assurance and technical accounting consulting services. Accelerate is our two-year program designed to give young professionals exposure to a wide variety of clients and projects in both our Assurance practice and Technical Accounting & IPO Readiness practice, known as the Technical Accounting Group (TAG). While traditional rotations between these departments occur after 2-4 years of audit experience, Accelerate allows new graduates to jump into technical accounting consulting work within the first two years of their careers.The first year of the program focuses on building fundamental accounting, research, and auditing skills, with a transition into more complex technical accounting projects in the following year. Participants who consistently demonstrate strong performance during the entirety of the program will be able to obtain a full-time transfer to the TAG practice at the end of the second year.
During the audit rotation, participants will:· Participate in live assurance and soft-skills training with members of our Learning and Development team· Research basic and intermediate accounting topics and present more senior members with your proposed solution· Develop and apply an intermediate knowledge of auditing theory and a sense of audit skepticism· Identify key issues and work with more senior team members to come up with an audit approach· Contribute ideas/opinions to the engagement teams· Connect key testing areas to the financial statement line items and ensure figures are properly supported· Collaborate with clients, working hand in hand to deliver a quality product within the client’s timeframe· Perform direct auditing work on key financial statement line items such as cash, accounts payable, and inventory
During the technical accounting consulting rotation, participants will:· Assist the TAG team with various technical accounting consulting projects, such as SPACs, Initial Public Offering engagements, and mergers and acquisitions· Develop and apply an intermediate knowledge of U.S. GAAP and both SEC and private financial reporting requirements· Assist clients with developing and implementing U.S. GAAP-compliant accounting policies and projects· Conduct research on proper accounting treatment and disclosures of transactions for complex topics under U.S. GAAP (examples include ASC 606 – Revenue from Contracts with Customers, ASC 842 – Leases, ASC 805 – Business Combinations)· Draft technical memorandums, financial statements, and disclosures for public and private clients
While no prior full-time experience is required, we are seeking enthusiastic candidates who have cultivated a strong interest in auditing, accounting research, and financial statement analysis and reporting through their college years.

Accelerate Structure

  • Divided into 2 years with program-long initiatives. 
  • Year 1:
  • Year 1 Audit Rotation: Months 1-9 (October 2023 to June 2024)
  • Year 1 Technical Accounting Consulting Rotation: Months 10-12 (July 2024 to September 2024)
  • Year 2:
  • Year 2 Audit Rotation: Months 1-9 (October 2024 to June 2025)
  • Year 2 Technical Accounting Consulting Rotation: Months 10-16 (July 2025 to December 2025)
  • Program-Long Initiatives:
  • Quarterly Milestones: Accelerate associates will take part in quarterly reviews to set and achieve milestones centered around cultivating technical and soft skills. Transfer to TAG at the end of the program is contingent on strong performance through Quarterly Milestones.
  • Coaching Program: Accelerate associates will be assigned a coach who will hold frequent check-in conversations with each participant to closely support professional growth and meeting of Quarterly Milestones.
  • Bi-weekly TAG practice meetings
  • Virtual and in-person social and teambuilding events
  • Group audit and technical accounting trainings

What we're looking for:

  • A desire to begin a career in public accounting
  • A minimum GPA of 3.3 in a BS/BA/MS in Accounting, Business Administration, Finance, Economics, or a related degree
  • Students graduating between 12/1/2022 - 8/1/2023 interested in a full-time position
  • Students who are interested in achieving enough hours/credits to sit for the CPA exam
  • Students locat

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Company

BPM LLP

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