Audit Principal

Novogradac•Austin, TX

About The Position

The Principal oversees audit and other assignments designated by the Partner and works with minimal supervision. The role emphasizes technical review, engagement supervision, mentoring, and consistent delivery of high-quality work. The Principal coordinates assigned engagements with the Partner group and supports client relationships, staff development, the Firm’s technical reputation, and office and Firm profitability.

Requirements

Bachelor’s degree, preferably in accounting or finance, and at least 15 years of public accounting audit experience, or an appropriate balance of education and work experience.
CPA license required.
Advanced technical understanding of auditing and accounting standards applicable to complex project-level and fund-level audit engagements.
Ability to identify, research, resolve, and clearly document technical audit and accounting matters.
Ability to communicate complex audit, accounting, and review matters clearly and professionally to Partners, engagement teams, and clients.
Intellectual curiosity and commitment to technical excellence, including researching unfamiliar matters and applying sound audit judgment.
Strong technical, professional, and supervisory judgment, including assessing audit risks, evaluating evidence, and challenging conclusions when appropriate.
Ability to perform detailed technical reviews accurately and efficiently, with attention to documentation, consistency, financial presentation, and Firm quality standards.
Strong organizational and follow-through skills to support multiple Partners, engagement teams, and concurrent review priorities.
Ability to prioritize a fast-paced and varied workload, including concurrent engagement reviews, technical questions, and changing Partner or client-service needs.
Ability to accept and apply feedback from the Partner group and promote consistency in audit execution and review practices.
Ability to work collaboratively and foster a productive, team-oriented environment.
Strong computer skills, including Microsoft Office, particularly Excel, and report-writing tools.
Professional demeanor with coworkers and clients.
Ability to meet internal Firm deadlines.
Available to work evenings and weekends based on position needs and travel domestically if required.

Nice To Haves

Advanced degree.
Experience reviewing complex project-level or fund-level audits.
Experience with affordable housing, Low Income Housing Tax Credits (LIHTC), Opportunity Zones (OZ), Renewable Energy Tax Credits (RETC), Historical Tax Credits (HTC), Housing and Urban Development (HUD), New Markets Tax Credits (NMTC), real estate, developers, partnerships, Housing Authorities, Public Housing Authorities, Community Development Financial Institutions (CDFI), Community Development Entity Certification Applications (CDE), property compliance, nonprofit, Single Audit, Uniform Guidance, A-133, forecasting, cost segregation, Year 15 exit, tax-exempt bond, or HOME programs.

Responsibilities

Oversee assigned audit engagements and technical reviews, including planning, staffing, timing, technical matters, review comments, documentation quality, and timely completion in coordination with the Partner group.
Review financial statements, audit workpapers, significant audit areas, documented conclusions, and resolution of complex technical matters.
Supervise and mentor professional staff, provide technical guidance, identify development opportunities, and maintain a respectful team atmosphere.
Identify and support high-value opportunities for existing Firm clients.
Participate in internal training, client training, technical discussions, publications, or similar activities as requested.
Maintain and strengthen client relationships through professionalism, responsiveness, technical competence, and service.
Complete training to enhance skills in the industries served by the Firm and develop technical expertise.
Support profitability by managing time efficiently, supervising staff, resolving review matters promptly, and helping engagement teams deliver high-quality work.
Meet internal Firm deadlines for time entry, billing, fee schedules, and other requirements.
Work evenings and weekends based on position needs and travel domestically if required.