In your first year, you will be exposed to a variety of audit and/or tax engagements. By the end of your second or third year, you will have had the opportunity to experience different industry and service niches and identify an area that interests you. Travel time will vary according to your assignments, but some overnight travel can be expected.
You will receive on-the-job training by senior accountants, managers and other team members. Many of our staff accountants are amazed at the progress made by applying what they learned from a variety of training situations.
Accounting & Auditing Assignments may include:
- Test bank statement reconciliations
- Perform analytical test for fluctuations in income and expense
- Control confirmation test work for verification of account balances, such as investments, accounts receivable, and notes payable
- Perform tests of internal controls
- Test accounts receivable aging schedules for accuracy
- Reconcile accounts payable and test vendor invoices
- Test accrued expense schedules
- Test depreciation computations
- Prepare trial balances and propose adjustments and reclassifications electronically
- Draft financial statements and auditors reports
- Prepare an income projection for a small business consulting engagement
- In-charge some smaller engagements
- Observe inventory test accounts
Tax Assignments may include:
- Prepare individual, corporate, partnership, estate, trust and tax-exempt returns
- Assist in research for IRS examinations and gather detail to support client position
- Draft responses to federal, state and city notices from taxing authorities
- Research tax issues
- Prepare tax projections under different income and deduction variables
- In-charge simple tax returns
- Attend tax department technical update discussion group meetings
Keys to Promotion:
Know your material. We expect you to know the basics and theories of accounting and tax. Beyond that, we will teach you the audit and tax approaches along with quality controls, policies, and procedures. Annually we will discuss your career path, past performances, and future goals.
Know how to market yourself and Johnson & Sheldon. Public accounting is as much about relationships as it is about numbers. You will need to learn how to identify and satisfy client needs, these are the beginnings of long term relationships. Marketing approaches vary from person to person and contributions to the marketing of J&S can be made in different ways. You will be expected to take an active role in marketing J&S by attending trade shows, various networking events and possibly representing J&S in community organizations. We encourage you to take an interest and meet and socialize with others at such functions.
Know how to become a solution to the client. J&S is committed to developing relationships with our clients by providing them with the solutions to their accounting and tax problems. You will quickly begin to proactively help the team look for solutions to help clients reduce risk while operating more efficiently and save money.
Know how to be a team player. By working with other team members we are able to provide our clients with more than if we worked as individuals. A team represents a mixture of skills and expertise as well as a more conducive learning environment. By using this group of diverse individuals together we give our clients a thoroughly researched resolution.