Technical Accounting Consulting & Assurance

Associate I

Posted on 8/25/2023

501-1,000 employees

Website

Public accounting & advisory firm

Company Overview

BPM’s mission is to provide modern solutions to businesses across the globe. The company focuses on comprehensive assurance, tax, and consulting services for clients, and provides people and communities with the resources to lead meaningful and purposeful lives.

Locations

United States

Experience Level

Entry

Junior

Mid

Senior

Expert

Desired Skills

Communications

Mergers & Acquisitions (M&A)

CategoriesNew

Consulting

Requirements

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
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
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 located anywhere in the U.S. or Canada
Excellent communication skills with a strong desire to work in a team environment and partner with a variety of clients
A desire to both learn and eventually teach new associates or interns our processes

Responsibilities

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

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 located anywhere in the U.S. or Canada
Excellent communication skills with a strong desire to work in a team environment and partner with a variety of clients
A desire to both learn and eventually teach new associates or interns our processes

Additional perks/notes:

We provide 2-3 weeks of formal training for Accelerate associates that start in-cycle
We offer a generous bonus for associates who pass all 4 parts of the CPA exam in the first 12 months of employment
We provide unlimited PTO for as well as healthcare and retirement benefits
Accelerate provides exposure to consulting services early on in your career
This is a remote position allowing associates to work from home
While our base salary and bonus structure are competitive, we are unable to offer relocation assistance at this time
This job pays a base salary of $70,000

Wondering if you should apply?

At BPM we are people who value people. We are progressive and purposeful. We are a firm with flexibility. Our

shared entrepreneurial spirit drives us to see and do things differently. And our passion for people makes BPM a place where everyone feels welcome, valued, and part of something bigger.

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BPM provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

For positions based in San Francisco, consideration of qualified candidates with arrest and conviction records will be in a manner consistent with the San Francisco Fair Chance Ordinance.

Please note - this posting is for prospective candidates only. Unsolicited third-party resume submissions will be considered property of BPM and will not be acknowledged or returned.