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Assurance Senior - PE Funds

RSM US · Chicago, IL · $67,900–$128,200 a year · Full time

Posted Oct 1, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a time you found a significant issue during fieldwork. How did you raise it with the client and your manager?

What they are checking: Professional skepticism and communication when a finding could be uncomfortable for the client.

How do you coach a first-year associate who keeps making the same documentation mistakes?

What they are checking: Supervision and coaching, which is a large part of the senior role.

Where are you on your CPA licensure, and how are you balancing it with client work?

What they are checking: Progress toward the CPA, which the posting lists as a minimum qualification.

What would you do

You're running fieldwork on three fund audits with overlapping deadlines. How do you plan the work?

What they are checking: Ability to manage multiple engagements, common in a practice with about 1,500 PE and VC clients.

A fund manager's valuation model uses an assumption you think is aggressive. What do you do?

What they are checking: Exercising professional judgment under US GAAS when the client has a strong opinion.

The client sends documents late and the deadline doesn't move. How do you handle it?

What they are checking: Managing client relationships and timelines without cutting quality.

About the work

How do you audit the fair value of Level 3 investments in a private equity fund?

What they are checking: Core PE fund audit skill, since valuation of illiquid holdings is where most of the risk sits.

Walk me through how capital calls, distributions and carried interest flow through a fund's financial statements.

What they are checking: Working knowledge of fund mechanics that a senior must understand to review the work.

What's the difference between investment company accounting under ASC 946 and regular corporate accounting?

What they are checking: Specific US GAAP knowledge that defines private equity fund reporting.

How do you confirm the existence of investments in portfolio companies that aren't publicly traded?

What they are checking: Practical audit procedures for private holdings where external evidence is harder to get.

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The full job description

As published by RSM US.

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 Senior to join our Private Equity 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. Job Responsibilities: Minimum Qualifications: • Bachelor’s degree in Accounting or related field from an accredited University. • Active CPA license or demonstrated progress toward CPA licensure in state of residence. • 2–3 years of recent assurance experience in a public accounting environment. • Proficiency with Microsoft Office applications and auditing software tools. • Working knowledge of US GAAP, US GAAS or other relevant regulatory requirements, with the ability to apply relevant accounting and auditing standards. • Strong analytical, problem-solving, and research skills, with the ability to exercise professional judgment. • Experience supporting audit engagements from planning through completion, including performing testing, assisting with financial statement preparation, reviewing workpapers, and mentoring staff. • Ability to communicate clearly, professionally, and effectively with firm personnel and clients in person, by telephone, and through electronic or written means. • Effective project management skills, including the ability to manage multiple priorities, tasks, and projects simultaneously, meet deadlines, and maintain accuracy and quality of work in accordance with performance expectations, firm, and client standards. • Ability to work effectively in a professional office environment and, as required by the role, at client sites, including the ability to sit for extended periods of time and work at a computer and other standard office equipment. • Ability to work extended and/or non standard hours during peak periods or as necessary to meet client, project, or firm business needs. • Ability to maintain consistent, onsite presence during core business hours including the ability to regularly report to a firm office location and travel to client sites as required, including access to reliable transportation. • Occasionally lift or move miscellaneous items (typically under 20 lbs.) 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. For those living in California or applying to a position in California, please click here for additional information. 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: $67,900 - $128,200 Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.

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