Senior / Audit Associate Job Description
Senior / audit associate
provides leadership and technical guidance for compliance with Generally Accepted Accounting Procedures (GAAP), GAS (Government Auditing Standards), Cost Accounting Standards (CAS) and Federal Acquisition Regulations (FAR).
Senior / Audit Associate Duties & Responsibilities
To write an effective senior / audit associate job description, begin by listing detailed duties, responsibilities and expectations. We have included senior / audit associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Recognize industry-specific and general accounting and auditing issues, including revenue recognition, inventory pricing and LCM, receivable discounts, allowances, incentives and bad debts, current and deferred tax provisions, Determine appropriate audit approach for such areas
The Senior Associate provides technical knowledge in their area of expertise, works individually and on teams to support the completion of projects specific tasks within estimated time frames and budget constraints
Prepare and maintain schedule of client’s fixed assets
Prepare lead schedules and other supporting schedules
Prepare and complete required audit programs and checklists
Acquire necessary confirmations for bank, mortgage, legal, and insurance
Collect necessary documentation during field audit
Prepare certified financial statement with schedules and footnotes for Audit Manager’s review
Prepare budgets for clients
Manage, understand and assist with planning multiple audit and tax assignments in Manufacturing, Distribution, Not-For-Profit and Benefits Plans and many more industries
Senior / Audit Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior / Audit Associate
List any licenses or certifications required by the position: CPA, CFA
Education for Senior / Audit Associate
Typically a job would require a certain level of education.
Employers hiring for the senior / audit associate job most commonly would prefer for their future employee to have a relevant degree such as University and Collage Degree in Accounting, Education, Taxation, Finance, Business, Business/Administration, Public Accounting, Auditing, Economics, Accountancy
Skills for Senior / Audit Associate
Desired skills for senior / audit associate include:
Selected specialty practice
Auditing
Accounting standards and application of generally accepted accounting principles
Completing all related forms
U.S. Generally Accepted Accounting Principles and accounting standards and procedures
GAAP
GAAS and FASB regulations
GAAP and GAAS regulations
Their area of expertise
Current audit and accounting concepts
Desired experience for senior / audit associate includes:
Responsible for tax compliance, associate development, management of client relationships, and some direct client contact
Seniors will be responsible for preparing and reviewing federal and state tax returns for partnerships, C corporations, S corporations, and individuals
Execute the day-to-day activities of audit and tax engagements
Responsible for keeping current on and possessing sound knowledge of Taxation Codes and Regulations
Assist with training and mentoring junior associates and interns on CBIZ & MHM audit and tax methodology
Produce the annual audit plan
Senior / Audit Associate Examples
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Senior / Audit Associate Job Description
Job Description Example
Our company is looking to fill the role of senior / audit associate. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for senior / audit associate
- Assists in managing, developing and coaching professional staff
- Research and analyze accounting issues and transactions and any audit-related or tax-related issues utilizing electronic databases
- Supervise, train, and mentor Associates and Interns and assess performance for engagement reviews
- Staying abreast of latest developments and ensuring professional development through ongoing education
- Accurately and skillfully performing audits
- Utilizing time management to plan and schedule client engagements
- Assembling trial balances and compiling financial statements into a written report to be presented
- Traveling to some to client sites while upholding HA&W’s values and reputation
- Apply accounting principles, standards and theories to assist management in making informed decisions, solve complex problems, and help managers improve performance in accordance with applicable regulations
- Support annual statements and internal controls, prepare agency reports and evaluate programs and performance at all organizational levels
Qualifications for senior / audit associate
- Minimum 3 years of audit experience in public accounting at a national firm required
- 2-4 years experience within a CPA firm
- Passion for Not-for-Profit
- Certified Public Accountant (CPA) license or working toward licensure
- Ability to travel either same day or out of town/overnight for work at client sites with access to transportation (10-25%)
- You are inquisitive and enjoy learning about various client business processes and traveling to different locations to help clients (20-40 percent travel is required)
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Senior / Audit Associate Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of senior / audit associate. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for senior / audit associate
- Help the Partner/Principal/Director
- Serves the needs of the client (including both public and private companies), by planning and performing audits, reviews, and compilations, in addition to any other related client needs
- Develop an understanding of the client's business and needs
- Develop an understanding of the client's business, and become a nonprofit industry specialist to understand client specific needs
- Interfaces with the client on a day-to-day basis
- In addition, the Senior Associate supports the development of solutions that address organizational challenges and supports projects objectives often by leading assigned engagement tasks to completion within scope and budget constraints
- The Senior Associate oversees the successful completion of these tasks while ensuring that all deliverable requirements are met
- Serves the needs of the client by planning and performing audits, in addition to any other related client needs
- Coordinates with the Engagement Team, Manager, Senior Manager, and Partner on all phases of the engagement, including execution of the engagement letter, communications with the client, staffing requirements, job planning, and scheduling
- Know and understand the firm’s audit/assurance policies and procedures
Qualifications for senior / audit associate
- 3+ years’ experience (within audit and/or business) within the financial services industry, preferably the asset management business
- 3-5 years of public accounting audit experience (NFP and/or financial services industry exposure is a plus)
- You like the challenge of in-charging engagements, answering questions and providing constructive feedback to other team members
- You are motivated to learn and are looking to get promoted throughout your professional career
- You have excellent communication skills the ability to effectively interact with all levels of Firm management and staff, clients and other external business contacts
- You’re a team player and love collaborating with others over sitting in a cube working alone
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Senior / Audit Associate Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of senior / audit associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for senior / audit associate
- Continue to expand audit/assurance knowledge into a more specialized functional or industry niche
- Begin acquiring the skills necessary to develop quality client relationships and loyalty
- Assume the responsibility for audit/assurance staff work and ensure that a quality “product” is consistently delivered within established deadlines
- Continue networking with peers in the business world to create familiarity and to develop/maintain external relationships
- Consistently meet established deadlines, ensuring that work is complete and accurate and adequate time has been provided for review process
- Appropriately communicate with co-workers to ensure that needed information is shared, deadlines and modified deadlines are communicated, and that they have information they need to complete their work and meet respective deadlines
- Fully comply with professional standards and regulation for industry
- Manage, understand and assist with planning multiple audit assignments in Manufacturing, Distribution, Not-For-Profit and Benefits Plans and many more industries
- Works within a team of auditors/accountants and accounting technicians to conduct day-to day Stafford Act/OMB Circular compliance procedures
- Reviewing Associate workpapers and deliverables such as Summary Memos, Testing Matrices, and other statements of facts noted during the audit that are well written and timely
Qualifications for senior / audit associate
- Able to run an engagement
- CPA certification preferred or in process
- You are a multi-tasking master, and there has never been a deadline you could not meet
- You have knowledge of and exposure to a variety of industries
- You hold yourself to the highest professional standards and maintain strict client confidentiality
- In addition to all of this, you have a Bachelor’s degree in Accounting, have an active CPA license or are working to obtain it and have 2-4 years of experience in public accounting audit work
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Senior / Audit Associate Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of senior / audit associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for senior / audit associate
- Stays informed on relevant business and commercial areas, able to advise clients
- Embraces change, seeks out new initiatives and provides ideas and recommendations
- Supervise and train first-year and second-year audit associates
- Collaborate on engagement teams to conduct audits, reviews and compilations
- Prepare financial statements and reports for clients
- Work closely with clients to understand their business and industry
- Perform tests of internal control systems and assess risks
- Prepare entity tax returns
- Completes assigned portions of New Business, Renewal, Life Cycle Changes, Premium Variance and Referral audits and special projects related to business segments
- Develops and distributes Quality Feedback reports
Qualifications for senior / audit associate
- Ability to frequently travel either same day or out of town/overnight for work at client sites with access to transportation (20-40%)
- Certified Public Accountant (CPA) license or working towards licensure
- Government, Non-Profit or Agriculture experience preferred
- CPA license or parts of the CPA exam passed is preferred
- A minimum of 3 years audit experience in a public accounting firm, professional services firm or its equivalent is required
- Exceptional client service with a demonstrated ability to develop and maintain outstanding client relationships is expected
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Senior / Audit Associate Job Description
Job Description Example
Our growing company is looking for a senior / audit associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior / audit associate
- Works with applicable parties to correct/resolve quality errors
- Assists with open Audit follow-up resolution and New Business payment delinquency resolution
- May act as subject matter expert and resource for team members
- Uses all appropriate system and audit tools in order to effectively accomplish quality results
- Complies with departmental policies regarding ethical and proper use of company equipment, including internet access, email and phone usage, in compliance with Company Information Protection Policy
- May develop and/or recommend training programs to address error trends and assist with completion of process improvement projects
- Supervise the day to day execution of engagements
- Work with partners and managers to determine proper accounting treatment of various issues that arise during an audit
- Communicate potential audit and accounting issues
- Assist in the develop of proposals and thought leadership documentation
Qualifications for senior / audit associate
- Two years experience as an Associate, Audit Staff, or related Accounting position
- Financial reporting of non-controlling interest and variable interest entities(VIE) under ASC 810
- 2 or more years public accounting experience as an audit professional
- CPA or demonstrated progress toward obtaining CPA certification with a minimum of two exam sections passed
- 1 or more years "in-charging" audit engagements
- Experience working for a large public accounting firm