Deloitte & Touche LLP seeks an Advisory Senior Consultant in Chicago, IL.
Work You’ll Do
Understand business environment, operational processes, and basic compliance management approaches. Design and guide others on internal control assessments based upon understanding of clients’ business and applicable rules and assess compliance accordingly. Present deliverables to the client for internal business needs. Produce quality work products independently and collectively with team members throughout work lifecycle from initial conception to implementation. Generate observations and recommendations based upon applicable rules and successful business practices. Participate in decision making with engagement management and seek to understand broader impact of decisions. Guide others in the use of technology-based tools or methodologies to review, design, and/or implement products and services. Identify opportunities to improve client relationships. Mentor, teach, and develop staff personnel on the firm’s auditing and controls assessment methodologies, and monitor progress of staff personnel to ensure staff personnel are developing as expected. Coordinate multiple client engagements at the same time, ensure projects are on track, manage client expectations and perform course correction when necessary. Conduct client focused walkthroughs to develop and understanding of unique processes followed by the client to address internal controls risks.
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Requirements
- Bachelor's (or higher) degree in Accounting, Finance, Economics, Business Administration, or related field (willing to accept foreign education equivalent).
- Eighteen months of internal controls, risk management, and auditing experience.
- Experience must include eighteen months of:
- Executing SOC1/SSAE18 engagements;
- Serving as liaison between financial audit teams and controls testing teams in order to validate and execute regulatory requirements laid out by audit teams;
- Performing audits under Generally Accepted Auditing Standards (GAAS), AICPA auditing standards, Sarbanes-Oxley, US SEC financial reporting, broker/dealer regulatory requirements, and banking regulatory requirements;
- Performing process analysis and documentation, and developing effective testing procedures to evaluate the operating effectiveness of relevant internal controls;
- Collecting supporting evidence, including documents, invoices, purchase orders, and contracts, to assess deficient controls, inefficiencies, fraud, and non-compliance with Generally Accepted Accounting Principles (GAAP) and SOX;
- Assisting with assessing the impact of internal control deficiencies on overall financial statement audit procedures and the opinions issued for internal controls over financial reporting in compliance with Section 404 of the SOX Act of 2002;
- Conducting interviews with process owners, creating process narratives, identifying key process controls, and identifying mitigation process for noted gaps;
- Identifying gaps in processes and activities, and recommending remediation based on the cost-benefit relationship of risk and control recommendations;
- Participating in segregation of duties-related audits, including reviewing assigned business access controls over access privileges; and
- Mentoring and coaching junior team members.
- Position requires 25% domestic travel.