What are the responsibilities and job description for the Senior Audit Affiliate position at Stratford Solutions Inc.?
Job Title: Senior Audit Affiliate
Location: Queens New York
Job Type: Full Time
Salary: $80K - $90K Annually
The Senior Audit Affiliate plays a pivotal role in overseeing audit engagements, ensuring client satisfaction, and guiding junior staff within an auditing firm. This role involves a high level of technical proficiency, leadership skills, and the ability to handle multiple priorities effectively.
As a Senior Audit Manager, you will be responsible for managing audits from start to finish, ensuring compliance with accounting standards, and providing expert guidance on financial reporting processes. This position requires a thorough understanding of auditing principles, strong leadership abilities, and the ability to build and maintain client relationships. You will lead teams of associates and juniors while reporting directly to the Audit Managers or Senior Managers.
Key Responsibilities:
- Manage end-to-end audit engagements for a diverse client base across multiple industries.
- Develop and maintain strong client relationships, ensuring the timely delivery of services and addressing client needs.
- Review financial statements, accounting records, and internal controls to ensure compliance with industry regulations and standards.
- Oversee, mentor, and provide professional development to junior auditors, associates, and other team members.
- Offer constructive feedback and guidance to junior staff to enhance their skills and career development.
- Conduct detailed audit testing on financial statements, transactions, and controls to verify data accuracy and completeness.
- Identify key risks, evaluate internal control systems, and design audit procedures to mitigate any issues or discrepancies.
- Act as the primary point of contact for clients during the audit process.
- Present audit findings, progress reports, and recommendations clearly to clients and internal teams.
- Advise clients on improving internal controls, financial reporting, and operational efficiencies.
- Prepare and review comprehensive audit reports, financial statements, and other deliverables to ensure accuracy and clarity.
- Present audit results and strategic recommendations to both clients and internal stakeholders.
- Ensure audits comply with applicable standards, including GAAP (Generally Accepted Accounting Principles), IFRS (International Financial Reporting Standards), and other regulatory requirements.
- Stay informed on updates in auditing standards and communicate those changes to clients when necessary.
- Coordinate audit processes to meet deadlines, manage budgets, and identify potential risks early in the engagement.
- Resolve any obstacles that may hinder the timely completion of audits.
- Contribute to the firm’s growth by supporting business development initiatives, including proposals and pitches to potential clients.
- Identify and explore opportunities for additional services and revenue streams with existing clients.
Qualifications:
- Education: Bachelor's degree in Accounting, Finance, or a related field.
- Certifications: CPA (Certified Public Accountant) or an equivalent professional qualification preferred, or actively pursuing certification.
- Experience: 5-7 years of experience in public accounting or auditing roles, with proven expertise in leading audits.
- Strong knowledge of auditing principles, financial accounting, and financial reporting.
- Proficient in audit software and Microsoft Office Suite (Excel, Word, PowerPoint).
- Excellent organizational, time-management, and project management skills.
- Strong analytical and problem-solving abilities.
- Effective communication skills, both verbal and written, with the ability to engage with clients and team members.
Salary : $80,000 - $90,000