Audit Director

The Director title is reserved for professionals who achieve recognition in a technical area of assurance and risk management. The person is qualified to perform certain limited yet critical additional technical functions as an Engagement Director or as a Concurring Reviewer. These additional responsibilities are conferred only as outlined above. This senior role recognizes the person as an expert of great long-term value to the firm.

Job Duties

Business Acumen:

• Able to apply knowledge of business functions, processes and strategies to provide services, solutions and advice that considers and improves the organization as a whole as evidenced by:
• Ability to understand core business operations/structure of various businesses
• Demonstrates advanced knowledge of business issues, trends and industry economics
• Identifies and discusses key financial and non-financial performance measures
• Demonstrates ease with client communications

Technical Roles a Director May Perform

• When functioning as Engagement Director:
• May also be, but not required to be, a Client Service Engagement Director. In this capacity, may sign audit review and compilation reports related to these engagements, as well as engagement letters and other correspondence
• Written pre-approval by the Client Service Assurance Partner and the Practice Region RTD and RBLL and the Practice Office OBLL for the specific assignment before a Director may perform duties of Engagement Director of that specific assignment
• The Director must demonstrate the requisite industry experience necessary for the specified engagement
• The final review of only the financial statements and MRC must be performed by an Assurance Partner. When functioning as Concurring Reviewer where the engagement is sensitive but non-public:
• The Director must demonstrate the requisite industry experience necessary to serve as a concurring reviewer for the specified engagement
• The engagement may not be associated with or expected to be associated in the foreseeable future, which is generally a two-year horizon, with a public company.
• When serving as a concurring reviewer, the Assurance Director should not have worked on the engagement in another capacity for the prior two-year period, and is prohibited from performing work on the engagement in other capacities

Gaap

• Has an advanced knowledge of governing principles, applying those principles to client transactions, and documenting and communicating an understanding of these principles as evidenced by:
• Advanced technical knowledge in one or more areas of GAAP

Control Environment

• Has a general understanding of the collective effect of various factors on establishing, enhancing, or mitigating the effectiveness of specific policies and procedures as evidenced by:
• Ability to identify critical and control points
• Ability to document and validate internal control system
• Ability to assess effectiveness of internal control system
• Ability to make constructive suggestions to improve client internal controls and accounting procedures

Supervisory Responsibilities

• Review work prepared by associates, senior associates, and managers, and provide review comments as appropriate
• Act as a Career Advisor to associates, senior associates, and managers as assigned
• Provide verbal and written performance reviews to associates, senior associates, and managers

Qualifications, Knowledge, Skills and Abilities:

• Bachelor’s degree, required; major in Accounting, Finance, Economics or Statistics, preferred
• Master’s degree in Accountancy, preferred

Experience

• Eight (8) or more years of prior relevant audit experience and/or public accounting, private industry accounting or consulting/professional services experience, required
• Prior significant supervisory experience, required
• Industry expertise in one or more assurance specialty, preferred