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Managing Director - Assurance

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 currently seeking a strong Managing Director to help shape the future of our business in the market and design and implement a plan to build internal resources as we aggressively grow this practice over the next five years.    

Successful candidates will have experience as an audit leader, have deep, meaningful relationships within the health care industry, and hold a proven track record of growing and developing new business and building teams. 

Overview of the position:

  • Contribute to and execute the Firm's overall strategy aligned with national expectations to drive profitable growth

  • Work across the globe as a collaborator and leader within the audit function

  • Leverage professional network and existing relationships to actively develop new business as well as collaborate effectively with other lines of business within the firm

  • Demonstrate robust market-facing skills and represent RSM to clients and prospects in the marketplace 

  • Assist with growing and managing a book of business with on-strategy, profitable targets and clients to meet overall strategic goals and objectives, including delivery of high-quality audits

  • Support the audit line of business as needed, which may include concurring reviews or other technical involvement with firm audit clients

  • Inspire and develop audit personnel in their client service interactions and market-facing activities

  • Provide exceptional leadership and mentoring skills to manage and motivate teams for success in professional development, networking, client service delivery and operational excellence

 Experience required:

  • 9 + years of Audit experience in public accounting

  • Big Four or similar national leadership experience preferred 

  • Technical proficiency in financial statement audits of large institutions and/or dynamic health care companies that engage in complex transactions, including mergers and acquisitions, complex equity structures, complex debt structures, etc.

  • Excellent client service and organizational management skills

  • Proven success and track record in building, developing, growing and sustaining client and people relationships

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: $148,400 - $324,500

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

$236450 / YEARLY (est.)
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$148400K
$324500K

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What You Should Know About Managing Director - Assurance, RSM

At RSM, we're on the lookout for an exceptional Managing Director - Assurance to play a pivotal role in shaping the future of our business in Chicago. As the leading provider of professional services to the middle market globally, we pride ourselves on empowering our clients and people in a world of constant change. In this role, you will be integral to our growth strategy over the next five years, focusing on building internal resources and developing strong relationships within the healthcare industry. Your extensive experience as an audit leader and proven track record in growing new business will be key to your success. Daily, you will contribute to executing our firm's strategy, collaborating across global teams, and leveraging your professional network to develop new opportunities. This role is not just about leading audits; it’s about inspiring and mentoring our talented professionals, helping them excel in client service and operational excellence. If you are passionate about building strong teams and providing high-quality audits to drive profitability and operational success, then this is the perfect opportunity for you. Join us, and you will find an environment that inspires and empowers you, making your professional journey fulfilling and rewarding.

Frequently Asked Questions (FAQs) for Managing Director - Assurance Role at RSM
What qualifications are needed for the Managing Director - Assurance position at RSM?

To qualify for the Managing Director - Assurance role at RSM, candidates need a minimum of 9 years of audit experience in public accounting, preferably with Big Four or similar national firms. A strong technical proficiency in financial statement audits of large institutions, especially those in complex healthcare scenarios, is essential. Additionally, excellent client service skills and a successful track record in nurturing client relationships are vital for this position.

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What responsibilities does the Managing Director - Assurance have at RSM?

As a Managing Director - Assurance at RSM, your responsibilities will include executing the firm’s overall strategy for growth, collaborating with audit functions globally, developing new business opportunities, and managing a profitable book of business. You will also support the audit line of business and provide leadership and mentoring to audit personnel, ensuring they deliver exceptional client service and operational excellence.

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How does the Managing Director - Assurance role contribute to RSM's growth?

The Managing Director - Assurance role is crucial for RSM's growth as it focuses on executing strategic plans aligned with national expectations, building internal resources, and developing significant client relationships. By leveraging professional networks and leading the audit function, the Managing Director will drive new business development and foster an environment of collaboration and excellence across teams.

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What type of work environment does RSM offer for the Managing Director - Assurance position?

At RSM, the work environment for the Managing Director - Assurance role is dynamic and supportive, designed to inspire personal and professional growth. With a culture that values diversity and inclusion, you'll find that your unique talents are celebrated. The firm provides flexibility in scheduling to help balance life’s demands, while also encouraging active client engagement, making it a fulfilling workplace.

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What is the compensation range for the Managing Director - Assurance position at RSM?

The compensation range for the Managing Director - Assurance role at RSM is between $148,400 and $324,500, depending on relevant experience, skills, and performance. Additionally, individuals selected for this role may also be eligible for a discretionary bonus based on both firm and individual results.

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Common Interview Questions for Managing Director - Assurance
Can you describe your experience with financial statement audits in healthcare?

When answering this question, provide specific examples of your work in financial statement audits within healthcare settings. Highlight any complex transactions you've handled, such as mergers or acquisitions, and explain your approach to ensuring compliance and accuracy in your audits.

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How do you manage and mentor your audit team effectively?

Discuss your strategy for mentoring, which may include regular feedback sessions, professional development opportunities, or creating a supportive team culture. Emphasize how you inspire your team to achieve their best while maintaining client service excellence.

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What strategies do you use to develop new business in the assurance practice?

Share specific techniques you’ve applied to develop new business, such as networking, leveraging existing client relationships, or innovative marketing strategies. Explain how you assess potential clients and tailor your approach to meet their unique needs.

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Describe a time when you faced a significant challenge in an audit. How did you handle it?

Use the STAR method (Situation, Task, Action, Result) to structure your response. Clearly outline the challenge, your role in addressing it, and the successful outcomes you achieved, focusing on how it solidified client trust or improved team performance.

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What do you believe are the critical skills for a Managing Director in Assurance?

Articulate the key skills you deem necessary, such as leadership, technical proficiency in auditing, client relationship management, and strategic thinking. Support your answer with instances where you've applied these skills effectively in your past roles.

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How do you keep yourself and your team updated on industry changes and regulations?

Discuss your methods for staying current, such as attending industry conferences, participating in training sessions, or subscribing to professional journals. Emphasize the importance of continuous professional development for both you and your team.

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What approach do you take to ensure client satisfaction?

Explain your proactive approach to client management, which may include regular check-ins, soliciting feedback, and adjusting service delivery based on client needs. Highlight a specific example that demonstrates how you successfully improved client relations.

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How do you balance multiple audit projects while maintaining quality?

Discuss your organizational skills and tools you employ to manage your time effectively. Highlight any methodologies or frameworks that you use, such as Agile or Lean principles, to maintain high standards across projects.

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Can you provide an example of how you have improved a process within your audit team?

Share a specific instance where you identified a process that could be improved, what steps you took to implement changes, and the positive impact those changes had on team efficiency or client outcomes.

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What are your long-term goals as a Managing Director in Assurance?

Be clear and realistic about your career aspirations. Discuss how you see yourself contributing to RSM in the long term, including your interest in growing the assurance practice and fostering future leaders within the firm.

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Full-time, on-site
DATE POSTED
April 12, 2025

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