Audit Manager - Capital Markets/Broker Dealer

Full-time - Mid Level

New York, NY

Professional, Scientific, and Technical Services

About the position

RSM US LLP is seeking an Audit Manager to join our Capital Markets practice, which specializes in serving, introducing, and clearing Broker Dealer clients. This role is crucial as it operates within the firm's Financial Markets assurance service line, which is nationally integrated and recognized as one of the largest assurance firms serving broker dealers across the nation. The Audit Manager will be responsible for providing timely, high-quality client service that meets or exceeds client expectations. This includes coordinating the auditing of all required financial statements, related disclosures, and other client deliverables. The successful candidate will assess risk, design, and communicate audit procedures to engagement teams, ensuring adherence to RSM's Audit Methodology. In this position, the Audit Manager will manage multiple engagement teams, prepare end-of-engagement evaluations for staff, and supervise Audit Seniors and Supervisors. The role requires maintaining contact with clients throughout the year to understand the impact of significant developments in their business and assess the implications for current year audit engagements. Additionally, the Audit Manager will be responsible for developing others within the firm through training and career development initiatives, as well as subscribing to and sharing relevant industry publications with clients. The Audit Manager will also be expected to anticipate and address client concerns, manage project profitability, identify and communicate accounting and auditing matters to Senior Managers and Partners, and ensure professional development through ongoing education. Keeping abreast of the latest developments affecting GAAP and the firm’s standards and policies is essential. The role requires a willingness to travel approximately 25% of the year, depending on client needs.

Responsibilities

• Provide timely, high quality client service that meets or exceeds client expectations including coordinating the auditing of all required financial statements, related disclosures, and other client deliverables
• Assess risk along with design and communicate audit procedures to engagement teams
• Understand and utilize RSM's Audit Methodology
• Manage multiple engagement teams and prepare end-of-engagement evaluations for staff
• Understand skillsets and capabilities of Senior Associates and Supervisors and monitor and review work product that they prepare and report on performance while articulating coaching notes throughout the process
• Supervise Audit Seniors and Supervisors on engagement teams and function as an in-charge facilitating field work by monitoring and reporting regarding productivity and adherence to work plan schedules on each assignment
• Maintain contact with clients throughout the year to understand impact of significant developments in client's business and assess impact on current year audit engagements
• Develop others within the Firm through facilitating levels based or industry training, advising on career development or participating in other Firm initiatives
• Subscribe to and actively read industry publications and share relevant information with clients as considered applicable
• Anticipate and address client concerns and escalate issues as they arise
• Understand RSM's lines of businesses, availability of services and where applicable, discuss with client management of opportunities to make valuable introductions to others in the firm
• Develop a strategy to utilize relationships external to the firm with different types of Centers of Influence to effectuate business growth
• Manage profitability of projects
• Identify and communicate accounting and auditing matters to Senior Managers and Partners
• Identify performance improvement opportunities
• Ensure professional development through ongoing education
• Keep abreast of latest developments as they affect GAAP and the Firm's standards and policies

Requirements

• BS/BA Degree in Accounting or equivalent degree
• CPA or CA Certification
• 5+ years of current or recent experience in a public accounting environment
• Experience leading teams and mentoring associates
• Understanding of audit services with knowledge of GAAP, GAAS and FASB or IFRS regulations
• A proven record of building profitable, sustainable client relationships
• Minimum of 4 years of team lead or in-charge experience overseeing staff on multiple engagements

Nice-to-haves

• A successful record of directing and deploying staff and senior associates on multiple, simultaneous engagements

Benefits

• Competitive benefits and compensation package
• Flexibility in schedule to balance life's demands
• Discretionary bonus based on firm and individual performance