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Audit Senior Manager

Grant Thornton Chicago, United States
Posted 16 hours ago Permanent Competitive

Audit Senior Manager

Grant Thornton Chicago, United States
Audit Senior Manager
Job Description

Job Title: Senior Manager - Audit for Multiple Openings

Approved Locations: 171 N. Clark St. (& Other U.S. Locations), Suite 200, Chicago, IL 60601.

Job Description:

Your day-to-day will include:
  • Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
  • Research and analyze financial statements and audit- and tax-related issues, utilizing electronic databases.
  • Employ audit software to review and compiled financial information.
  • Oversee and manage audit engagements for a diverse range of clients.
  • Oversee the completion of on-budget financial statement audits.
  • Manage the development of audit project budgets and timelines, ensuring compliance with all regulatory standards and client objectives.
  • Oversee and support multiple engagement teams concurrently to complete financial statement audits.
  • Communicate with clients about engagement and service expectations, resolving technical and service issues quickly and thoroughly.
  • Ensure key deliverables, including engagement letters, audit planning reports, audit concluding reports, and business improvement recommendations, are provided to clients on time and on budget.
  • Set audit project schedules according to client needs and firm capabilities. Manage firm risk on audits and proposals.
  • He will train less experienced colleagues and provide consistent feedback.
  • Act as a business advisor to clients on a variety of business improvement areas. Collaborate with colleagues on proposals and business development activities.
  • Consistently listen and communicate with clients about engagement and service expectations, resolving technical and service issues quickly and thoroughly.
  • Balance the long-term goals of the company with the immediate needs of teams, advocating for sustainable solutions that benefit both organizations, its clients, and people.
  • Lead cross-functional and cross-departmental, global collaboration, driving cohesive and transformative outcomes that enhance organization performance.
  • Communicate strategic vision of the organization, presenting compelling insights that align diverse team objectives and influence senior stakeholders.
  • Oversee the application of Grant Thornton's audit methodology, firm policies, and relevant audit standards (e.g. PCAOB, AICPA) to achieve high audit quality when identifying and responding to complex and/or significant audit risks.
  • Resolve complex and high-priority issues related to auditing standards, including informing clients regarding key auditing standards that may impact audit scope.
  • Oversee the assessment of clients' internal accounting environment and controls (e.g. policies and procedures).
  • Perform internal reviews of the assessment of clients' issues, transactions, and other events that may impact audit risks.
  • Develop audit approach and identify best use of internal and external resources for audit engagements.
  • Provide guidance to team on how to appropriately execute the audit response.
  • Review and leverage the audit results to provide key insights to clients.
  • Direct team to provide relevant, accurate, high-quality documentation.
  • Supervises the work of 2-6 subordinates: Audit Interns, Associates, and Senior Associates.

You have the following technical skills and qualifications:
  • Requirement - Three or Four Year Bachelor's degree in Accounting, Economics, Finance, Mathematics, Commerce, or related field, or the foreign degree equivalent.
  • Relevant experience - 8 years of progressively responsible experience in job offered or any audit related job titles.
  • Experience must include: (1) Planning, coordinating, supervising, and executing audits for clients in compliance with applicable IFRS, GAAS, US GAAP, and PCAOB legal and regulatory requirements; (2) Leading multiple teams across multiple clients, allocating work to staff, and managing audit engagements to budget; (3) Conducting the review and evaluation of client's business processes and planning of an audit engagement; (4) Managing audit engagements for publicly traded and private companies; (5) Preparing and participating in audit proposals; and (6) Reviewing consolidated financial statements in conformity with accounting principles; (7) DEA- A data interrogation audit software used for reviewing journal entries and audit software; (8) building and maintaining client relationships, understanding client business models, and providing value-added insights and recommendations; and (9) assessing accounting areas (revenue recognition, leases, financial instruments, equity, and business combinations).
  • CPA License (U.S. or other jurisdiction), Associate Chartered Accountant (ACA), or Association of Chartered Certified Accountants (ACCA) required.
  • Grant Thornton under its hybrid work policy requires all employees to mandatorily work from office for at least 3 days/week. Applicants are expected to be residing in a commutable distance to any of Grant Thornton's offices across United States to be able to comply with this requirement.
  • Up to 25% domestic travel required to various client sites across the U.S. to analyze client business needs, and advise on the tailored solutions, as well as provide on-site support for critical client projects/engagements as required.

Compensation for role: $178,848 - $194,400 per year
Job ID  300005297930464
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