Senior Audit Associate- Construction Industry

Job Summary: The Senior Audit Associate plays a key role in managing audits and providing guidance to junior staff in an auditing firm. The Senior Audit Associate, you will be responsible for leading audit engagements for clients, ensuring compliance with accounting principles, and providing insight into financial reporting processes. This role requires a high level of technical expertise, attention to detail, and the ability to manage multiple priorities. You will work closely with clients, lead teams of associates and juniors, and report to Managers or Senior Managers within the audit practice.
Key Responsibilities:
Lead Audit Engagements:

• Plan, execute, and complete audits for a portfolio of clients across various industries.
• Manage client relationships, ensuring expectations are met and providing insight into key issues.
• Review financial statements, accounting records, and internal controls to ensure compliance with regulations and standards.

Supervise and Train Junior Auditors:

• Supervise, mentor, and develop junior staff and associates, providing on-the-job training and guidance.
• Review and provide feedback on the work performed by junior staff.

udit Testing and Procedures:

• Perform detailed audit testing of financial statement balances, transactions, and controls, ensuring the accuracy and completeness of financial data.
• Identify risks, assess internal control systems, and design audit procedures to address potential issues.

Client Communication:

• ct as the main point of contact for clients during the audit process.
• Communicate audit progress, findings, and any issues with clients and internal teams.
• Provide recommendations to clients for improving internal controls and operational efficiencies.

Report Writing:

• Prepare and review audit reports, financial statements, and other deliverables for accuracy and clarity.
• Present audit results and recommendations to clients and internal stakeholders.

Compliance and Standards:

• Ensure audits are conducted in compliance with applicable standards, such as GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards), and other regulatory requirements.
• Stay up-to-date with changes in accounting and auditing standards and communicate those changes to clients as necessary.

Project Management:

• Manage and coordinate the audit process to meet deadlines and budget expectations.
• Identify and resolve any obstacles that may arise during the audit process.

ssist in Business Development:

• Participate in the firm's business development efforts by assisting with proposals and pitches to potential clients.
• Help identify opportunities for additional services with existing clients.

Basic Qualifications:

• Education: Bachelor's degree in Accounting, Finance, or a related field.
• Certifications: CPA (Certified Public Accountant) or equivalent professional qualification preferred, or actively pursuing certification.
• Experience: Typically, 5-7 years of experience in public accounting or auditing roles, with experience in leading audits.

Skills:

• Strong understanding of auditing principles, financial accounting, and financial reporting.
• Proficiency with audit software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Excellent organizational and time-management skills.
• Strong analytical and problem-solving abilities.
• Effective communication skills, both verbal and written, with the ability to interact with clients and team members.