Assurance/Audit Senior Associate

AUDIT SENIOR ASSOCIATE

The Company: Our client has been serving the community for over 75 years and has worked their way to a top 50 accounting firm. Our client offers a broad range of services to their clients including services related to tax, accounting, audit, business advisory, valuation, financial planning, wealth management, IT and support services. This position is located in Woodbury, NY.

The Position: The Audit Senior Associate is a pivotal role within the audit department of our client's firm, responsible for leading and executing audit engagements for clients across various industries. This position involves conducting detailed financial analysis, assessing internal controls, and ensuring compliance with accounting standards and regulatory requirements. The Audit Senior Associate works closely with clients and engagement teams to deliver high-quality audit services and provide valuable insights to improve financial reporting processes.

BENEFITS:

• $85,000 - $100,000 Base Salary
• Lucrative New Business & Employee Referral Bonuses
• Anniversary Bonus
• Open Paid-time-off policy for professional staff
• We provide a flexible work environment to offer work/life balance
• 401(k) plan with company match and profit sharing
• Medical, dental, and vision insurance
• Company Paid Life Insurance
• Affordable Short- & Long-Term Disability Insurance
• Affordable Accidental and Critical Illness Insurance
• 9 Paid holidays
• Disability Insurance
• Tuition Reimbursement
• Annual Performance Reviews
• And Much More…

QUALIFICATIONS

• 3+ years previous public accounting experience, specializing in Audit/Assurance
• Candidates should have a competent working knowledge of accounting and auditing practices and be able to research and resolve complex accounting issues.
• Previous experience in planning and supervising audit and large review engagements is required.
• Candidates should possess solid research and writing skills, excellent verbal communication and presentation skills and the ability to interact with all levels of staff and clients.
• Experience with employee benefit plans and/or Single Audits is a plus.
• A competent working knowledge of accounting and auditing software is required.
• Strong interpersonal skills, excellent computer skills, communication skills, time management skills and the ability to work effectively with all levels of staff and clients.
• Previous public accounting experience and CPA designation is required or obtained within a reasonable time after hire.

RESPONSIBILITIES

• Review accounts receivable for ability to collect and evaluate the adequacy of provision for loss.
• Trace inventory items observed at the initial count to actual final inventory record.
• Obtain representation letters from the client.
• Take ownership of engagement, meet or beat established deadlines.
• Review internal control.
• Investigate the possibility of unrecorded revenues.
• Classify accounts for financial statement presentation.
• Supervise the observation of a large inventory count.
• Determine if inventory items are obsolete or slow-moving.
• Review basis of inventory valuation.
• Evaluate the propriety of depreciation methods and lives used.
• Determine possible contingent liabilities by correspondence with attorneys, examination of minutes, inquiries to client, and so forth.
• Verify purchases and sales cutoffs.
• Determine the extent of test-checking required in an audit and select the period to be tested.
• Prepare complicated business and individual tax returns, such as consolidated returns, and returns on dissolution or liquidation.
• Suggest client tax planning ideas to Manager, Senior Manager, or Principal.
• Write comments for management letters.
• Review entries subsequent to balance sheet date to determine need for disclosures.
• Obtain and write up other disclosure data such as leases, differences between tax and accrual reporting, and so forth.
• Review and update the client’s permanent file.
• Draft reports including footnotes.
• Supervise and train the associates.
• Prepare routine correspondence to the client for approval and signature of a Principal or Senior Manager.
• Prepare budgets and monitor the budget throughout the engagement, alerting the Manager/ Senior Manager/Principal if the time is exceeding the budget.
• Prepare tax correspondence.
• Maintain good communication with the team, Manager, Senior Managers, and Principals.
• Able to research simple to average accounting and tax questions using the research tools available.
• Develop positive relationships with clients.
• Maintain strict confidentiality of all clients and firm business.
• Identify problems early in engagements and deal with problems in a timely and efficient manner.
• Keep up-to-date on all professional pronouncements.
• Follow regulations and professional ethics of the AICPA and state society.
• Follow firm procedures and comply with firm policies as outlined in the Hunan Resource Manual.
• Ability to work overtime as required.
• Accept additional responsibility for engagements and research with little input from Managers/Senior Managers/Principals.
• Demonstrate ability to perform and direct the broadest range of accounting tasks so that the direct participation of Managers/Senior Managers/Principals is kept to a minimum.

Apply HERE or Send Resume to Dustin@theipgteam.com