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JOB DESCRIPTION
The Managing Director, Risk Advisory Services (RAS), is a senior leader responsible for driving the growth and expansion of BDO’s RAS practice through proactive business development, strategic client relationship management, and the delivery of exceptional risk advisory solutions. This role requires a dynamic, entrepreneurial professional with a proven track record in cultivating new business, expanding client accounts, and positioning the firm as a trusted advisor in the marketplace. The Managing Director will also oversee high-performing engagement teams, ensuring quality client service, operational excellence, and the development of future firm leaders.
Job Summary
JOB DESCRIPTION
The Managing Director, Risk Advisory Services (RAS), is a senior leader responsible for driving the growth and expansion of BDO’s RAS practice through proactive business development, strategic client relationship management, and the delivery of exceptional risk advisory solutions. This role requires a dynamic, entrepreneurial professional with a proven track record in cultivating new business, expanding client accounts, and positioning the firm as a trusted advisor in the marketplace. The Managing Director will also oversee high-performing engagement teams, ensuring quality client service, operational excellence, and the development of future firm leaders.
Job Duties
Business Development & Market Expansion
Builds and develops new connections and leverage your existing network and personal brand in the marketplace to drive growth for the firm
Leads business development initiatives to identify, pursue, and secure new client opportunities, leveraging personal networks, industry events, and targeted outreach
Participates in relevant industry associations and events to develop and maintain industry focus and relationships
Develops and executes strategic marketing and sales plans in collaboration with practice leadership to expand the RAS client base and increase market share
Proactively utilizes network, firm knowledge, and industry insights to deepen existing relationships or form new ones
Contributes to thought leadership development and present at relevant internal and external industry events
Communicates effectively with prospects to assess needs and develop clear and accurate project parameters, including scoping descriptions, delivery plans, and budgets
Demonstrates the ability to collaborate effectively with business developers, marketing, communications, and other internal firm partners to drive pursuits.
Drives cross-functional collaboration with other BDO service lines and practice leaders to deliver integrated solutions and maximize business opportunities
Monitors industry trends and client needs to proactively identify new service offerings and market opportunities
Client Service & Strategic Advisory
Draws upon technical, industry, and risk advisory knowledge to become a trusted advisor to clients, incorporating emerging risks, trends, and concepts into client conversations
Increases the firm’s relevance by understanding each client’s culture and strategy and integrating this understanding into service delivery
Leads account communication strategy and ensure adherence to the reporting protocol defined for each client
Serves as a high-level contact for clients, addressing inquiries, providing updates, and resolving issues throughout the engagement lifecycle
Handles complex relationship concerns and demonstrate sound judgment in escalating or seeking additional counsel as needed
Conducts informational interviews and facilitate meetings with client management to understand business objectives and risk environments
Works closely with Engagement Partners to communicate control gaps, risk exposures, and process improvement recommendations to client management and Audit Committees
Ensures client service teams deliver advanced, risk-based solutions and high-quality deliverables tailored to client needs
Oversees the development and execution of efficient, risk-based audit and advisory plans
Reviews and approves engagement budgets, monitor project economics, and drive engagement efficiencies
Practices Leadership & Administration
Collaborates with RAS leadership to refresh marketing materials, website content, and practice positioning
Ensures timely and accurate practice administration, including billing, collections, contract management, and engagement realization
Develops and delivers thought leadership to enhance the firm’s reputation and visibility in the risk advisory marketplace
Team Leadership & Talent Development
Manages, motivates, and mentors teams to optimize and expand capabilities by cultivating an environment of trust, innovation, diverse perspectives, and challenge
Recruits, develops, and inspires future leaders of the firm through mentorship focused on understanding the potential and aspirations of the workforce and aligning opportunities accordingly
Supervises, mentors, and evaluates RAS Managers, Senior Associates, and Associates, fostering a culture of learning, client service, and professional growth
Ensures team members are trained on relevant software and methodologies
Provides regular feedback, conduct performance evaluations, and support career development initiatives
Maintains willingness to give and receive candid feedback in both written and verbal form, and commit to self-development in response to constructive feedback received
Education
Qualifications, Knowledge, Skills, and Abilities:
Bachelor’s degree, required; focus in Accounting, Finance, Management Information Systems, or Business Intelligence,, preferred
MBA or other relevant advanced degree, preferred
Experience
Ten (10) years of experience within a public accounting firm or Fortune 1000 company in a business development capacity or performing Risk Assessments, internal audits, Sarbanes-Oxley Readiness services, internal control assessments, management consulting as a Financial, Operational or In Information Technology Subject Matter Expert, required
Experience performing audits of particular industries (manufacturing, retail, distribution, energy, etc.), based upon the RAS practice’s need, required
Significant supervisory experience, required
Experience performing process reviews, systems reviews and reviews of application controls, required
Experience with internal controls including process control design, preparation of flowcharts & control matrices, documentation and testing of controls, and identification and reporting of control “gaps,” required
Experience conducting audit planning, developing audit programs, performing testing, preparing work papers, and drafting audit reports, required
Experience in client marketing and successfully managing multiple client pursuits and proposal efforts, required
Experience performing audits within a public accounting environment, preferred
License/Certifications
Certificate of Internal Auditor (“CIA”), Certified Public Accountant (“CPA”), Certified Information System Auditor (“CISA”), or equivalent certifications, preferred
Software
Proficient in the use of Microsoft Office Suite including Excel, Word, PowerPoint, required
Experience in the use of various assurance applications and research tools as is appropriate for this level, required
Experience with ACL and/or IDEA, and MS Access, preferred
Other Knowledge, Skills & Abilities
Solid understanding and experience planning and coordinating all stages of an internal audit
Knowledge of internal accounting controls and professional standards and regulations
Superior verbal and written communication skills, specifically business / report writing
Able to adapt style and messaging to effectively communicate with professionals at all levels both within the client organization and the firm
Able to successfully multi-task while working independently and within a group environment
Able to collaborate with partners and managers within other service lines and industries, as well as RAS leaders
Recognition as a though leader with respect to the topics of governance, risk and control
Superior analytical and diagnostic skills and ability to break down complex issues and implementing appropriate resolutions
Capable of working in a demanding, deadline driven environment with a focus on details and accuracy
Solid project management skills
Solid US GAAP and GAAS knowledge and familiarity with SEC and PCAOB reporting rules; knowledge of IFRS, a plus
Solid grasp of general IT control concepts
Excellent people development and delegation skills, including training/instruction and engagement scheduling and budgeting
Executive presence to act as primary contact for clients while preparing and presenting to clients and potential clients
Capable of resolving complex business issues
Able to build and maintain strong relationships with internal and client personnel
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.
National Range: $125,000 - $250,000
Maryland Range: $125,000 - $250,000
NYC/Long Island/Westchester Range: $125,000 - $250,000
About Us
Join us at BDO, where you will find more than a career, you’ll find a place where your work is impactful, and you are valued for your individuality. We offer flexibility and opportunities for advancement. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world.
At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first, by sharing financially in our growth in value with our U.S. team. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.
BDO is the first large accounting and advisory organization to implement an Employee Stock Ownership Plan (ESOP). A qualified retirement plan, the ESOP offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being. The ESOP stands as a compelling addition to our comprehensive compensation and Total Rewards benefits* offerings. The annual allocation to the ESOP is fully funded by BDO through investments in company stock and grants employees the chance to grow their wealth over time as their shares vest and grow in value with the firm’s success, with no employee contributions.
We Are Committed To Delivering Exceptional Experiences To Middle Market Leaders By Sharing Insight-driven Perspectives, Helping Companies Take Business As Usual To Better Than Usual. With Industry Knowledge And Experience, a Breadth And Depth Of Resources, And Unwavering Commitment To Quality, We Pride Ourselves On
Welcoming diverse perspectives and understanding the experience of our professionals and clients
Empowering team members to explore their full potential
Our talented team who brings varying skills, knowledge and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities
Celebrating ingenuity and innovation to transform our business and help our clients transform theirs
Focus on resilience and sustainability to positively impact our people, clients, and communities
BDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more!
Benefits may be subject to eligibility requirements.
Equal Opportunity Employer, including disability/vets
Click here to find out more!
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
"BDO USA, P.A. is an EO employer M/F/Veteran/Disability"
Seniority level Seniority level Executive
Employment type Employment type Full-time
Job function Job function Finance and Accounting/Auditing
Industries Accounting
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