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Assurance Experienced Associate - PE Funds

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

RSM is looking for a Assurance Associate to join our Asset Management practice. This practice is dynamic, robust and continues to expand every year.  RSM serves a wide range of clients, including approximately 1,500 private equity and venture capital clients. 

Responsibilities:

  • Understanding clients' needs and expectations, their business and industry, accounting and control systems, employees, company values and industry-related accounting and financial reporting topics

  • Developing an understanding of the RSM audit approach and tools 

  • Assessing risks and evaluating the client's internal control structure 

  • Performing substantive tests and tests of internal controls to identify and resolve accounting or reporting issues 

  • Drafting financial statements under prescribed formats 

 

Required Qualifications:

  • Minimum B.A / B.S. degree or equivalent from an accredited university by the time employment commences 

  • Accounting major 

  • Travel to assigned client locations is required. Must have access to and ability to arrange for use of reliable modes of transportation to those locations 

  • Ability to travel up to 25% 

  • A minimum 3.0 GPA is preferred 

 

Preferred Qualifications:

  • Excellent written and verbal communication skills 

  • Strong computer skills, including MS Office 

  • Ability to work as an effective member of a team 

  • Motivated to work in a fast-paced environment, highly collaborative environment  

  • Client focused 

  • Ability to multitask 

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law. 

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records in accordance with the requirements of applicable law, including but not limited to, the California Fair Chance Act, the Los Angeles Fair Chance Initiative for Hiring Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the San Francisco Fair Chance Ordinance. For additional information regarding RSM’s background check process, including information about job duties that necessitate the use of one or more types of background checks, click here.

At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Compensation Range: $57,700 - $95,700

Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.

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Average salary estimate

$76700 / YEARLY (est.)
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$57700K
$95700K

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What You Should Know About Assurance Experienced Associate - PE Funds, RSM

If you're ready to take your career to the next level, RSM has an exciting opportunity for you as an Assurance Experienced Associate focusing on Private Equity Funds in New York. At RSM, we pride ourselves on being the leading provider of professional services to the middle market globally, and we know that our exceptional team is what sets us apart. In this role, you'll dive deep into understanding clients' needs, navigating the intricacies of their business operations, and evaluating their internal controls. Your analytical skills will be put to the test as you perform substantive testing and collaborate with clients to draft financial statements. Imagine working alongside approximately 1,500 private equity and venture capital clients while developing a strong grasp of the RSM audit approach. We're looking for someone with a BA or BS degree in accounting, who thrives in fast-paced environments and can juggle multiple tasks effectively. In return, you’ll receive a competitive benefits package that offers flexibility and empowers you to balance life's demands while maintaining a keen focus on client satisfaction. If you're an engaging communicator who loves to work as part of a team, we want you with us at RSM. Apply now and discover the countless ways you can grow and flourish with our dynamic Asset Management practice!

Frequently Asked Questions (FAQs) for Assurance Experienced Associate - PE Funds Role at RSM
What responsibilities can I expect as an Assurance Experienced Associate at RSM?

As an Assurance Experienced Associate at RSM, your primary responsibilities will include understanding clients' needs, evaluating their internal control structures, and performing both substantive tests and internal control tests. You'll draft financial statements to comply with prescribed formats while ensuring our audit approach aligns with their business requirements.

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What qualifications are needed to work as an Assurance Experienced Associate at RSM?

To qualify for the Assurance Experienced Associate position at RSM, candidates should possess a BA or BS degree in accounting and have a minimum GPA of 3.0. Additionally, 1-2 years of relevant experience, strong analytical skills, and the ability to travel up to 25% are preferred.

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Is travel required for the Assurance Experienced Associate position at RSM?

Yes, as an Assurance Experienced Associate at RSM, travel to assigned client locations is a requirement. Candidates must be able to arrange for reliable transportation and are expected to travel up to 25% of the time to meet clients and understand their operations better.

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What benefits does RSM offer for the Assurance Experienced Associate position?

RSM provides an attractive benefits and compensation package for their Assurance Experienced Associates, which includes competitive salary, flexible scheduling to promote work-life balance, and a supportive environment aimed at fostering personal and professional development.

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How can I grow my career as an Assurance Experienced Associate at RSM?

At RSM, there are ample opportunities for personal and professional growth, particularly in the Assurance Experienced Associate role. You will gain exposure to a diverse range of clients, enhance your auditing skills, and benefit from ongoing training and mentorship, all of which can pave the way for future career advancement within the company.

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Common Interview Questions for Assurance Experienced Associate - PE Funds
Can you describe your experience with financial statement preparation?

When answering, focus on your familiarity with various formats and standards. Share specific examples of financial statements you've worked on and emphasize any collaboration with clients to ensure accuracy.

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How do you prioritize multiple tasks when working on client engagements?

Discuss your methods for time management and prioritization. Mention tools or frameworks you use, like setting deadlines or using software to track progress, and provide an example of a challenging situation where you effectively managed competing priorities.

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What is your understanding of RSM's audit approach?

Take this opportunity to express your understanding of RSM's focus on client relationships and their systematic audit process. Highlight how this approach ensures quality and addresses the unique needs of each client.

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Describe a challenging audit engagement you've been involved in.

Provide a clear narrative explaining the situation, your role, the challenges faced, and how you contributed to resolving the issues. Focus on teamwork, critical thinking, and the lessons learned from the experience.

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Why do you want to work at RSM as an Assurance Experienced Associate?

Communicate your understanding of RSM’s commitment to client service and professional development. Mention specific aspects of the company culture or opportunities that attract you, such as the dynamic Asset Management practice.

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What accounting software are you proficient in?

List specific accounting software programs you are familiar with, and mention how you have used them in past roles. If applicable, connect your software skills to how they will benefit your work at RSM.

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How would you approach assessing a client's internal control structure?

Explain your methodical approach, which could include reviewing existing documentation, conducting interviews, and performing audit tests. Illustrate the importance of tailoring your assessments to each client’s unique context.

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Can you provide an example of effective communication you've had with a client?

Share a specific instance where you clearly conveyed complex financial information to a client. Highlight your active listening and problem-solving skills, as well as the positive outcome this communication achieved.

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How do you stay updated with changes in accounting regulations?

Emphasize your commitment to continuous learning. Mention specific resources, courses, or organizations you follow to stay informed about accounting standards and legislation relevant to the Assurance Experienced Associate position.

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What are your long-term career goals in the auditing sector?

Discuss aspirations that demonstrate a desire for growth and dedication to the field, such as pursuing additional certifications, advanced education, or leadership positions. Outline how these goals align with RSM's values and growth opportunities.

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DATE POSTED
April 12, 2025

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