Grant Thornton - Senior Associate/Assistant Manager - Not For Profit Audit

Department Icon Accounting & Finance
137+ Applicants
Posted: 1 month ago
2-5 years
Bangalore,Kolkata
work from office

Posted: 1 month ago
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Applicants: 137+
Job Description
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Job Description

Role Summary:
As a Senior Associate, the professional will be leading engagements and responsible for performing audits under a remote service delivery model by following the Grant Thornton audit approach, methodology, and tools. Roles and responsibilities include execution and supervision of work performed by staff, providing classroom training or on-the-job training to staff, and working on multiple engagements in a rapidly growing, fast-paced, interactive, and result-based team environment by collaborating with a diverse team.
Responsibilities:
- Develop an understanding of the Grant Thornton audit approach, methodology, and tools.
- Demonstrate working knowledge of auditing not-for-profit organizations such as higher education institutions, religious, social service, and cultural organizations, among others.
- Familiarity with US GAAP related to contribution revenue and pledges receivable, alternative investment portfolios, and endowment net assets.
- Working knowledge of performing an audit in accordance with OMB Uniform Guidance (Single Audit), specifically determining major programs, performing risk assessment on major programs, and testing allowable costs and other direct and material compliance requirements (for example, cash management and reporting).

- Working knowledge of relevant accounting standards per US GAAP e.g., ASC 958.
- Working knowledge of auditing the Department of Education Student Financial Aid Cluster and Health and Human Services major program in accordance with the annual OMB Compliance Supplement.
- Gain understanding of client operations, processes, and business objectives and utilize that knowledge on engagements.
- Implement high standards of quality for performance of the team and monitor engagement progress.
- Provide effective counseling, training, coaching, and mentoring to team members to assist them in fully developing their potential, and provide feedback and direction.
Skills:
- Expert analytical, technical, and auditing skills.
- Advanced skills in Microsoft Office tools.
- Strong interpersonal skills.
- Moderate people management: Managing a team of 2-3 staff (Analyst/Associate) members.
- Project management: Manage multiple tasks.
- Problem solving skills: Resolve problems of team members and handle US team escalations.
- Advanced written and oral communications: Conduct calls with US team and local leaders.
Professional Experience / Qualifications:
- CA/CPA qualified.
- Minimum 2-3 years of experience in a medium to large accounting firm or equivalent.
- Big 4 experience preferred.

Skills

NGOAuditStatutory AuditCACPAComplianceRisk ManagementAccountingAccounting StandardsCash ManagementGaapCaCash

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Important dates & deadlines?

Application Deadline

02 Sep 26, 02:37 PM IST

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Grant Thornton - Senior Associate/Assistant Manager - Not For Profit Audit

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