Audit Principal

Novogradac•New York, NY

About The Position

The Audit Principal oversees a variety of audit and other assignments designated by the Partner and works with minimal supervision. The role focuses on technical review, engagement supervision, mentoring, and the consistent delivery of high-quality work. The Principal coordinates with the Partner group and supports engagement quality, client service, staff development, and Firm profitability. The position requires a bachelor’s degree, preferably in accounting or finance, a CPA license, and at least 15 years of public accounting audit experience or an appropriate balance of education and work experience. An advanced degree is a plus. Experience reviewing complex project-level or fund-level audits is preferred. The Principal should bring advanced knowledge of auditing and accounting standards, sound professional judgment, strong communication and organizational skills, and the ability to manage multiple concurrent assignments. Evening and weekend work may be required based on position needs, as may domestic travel. Novogradac is a national certified public accounting and consulting firm headquartered in San Francisco, with more than 900 employees and partners and more than 25 offices. The firm serves public and private enterprises with audit, tax, valuation, expert witness and litigation support, property compliance, and consulting services, with substantial work in affordable housing, community development, historic preservation, and renewable energy. The stated compensation range is $194,000–$246,000 depending on experience, with the possibility of more based on experience.

Requirements

Bachelor’s degree, preferably in accounting or finance, and a minimum of 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 organization and follow-through to support multiple Partners, engagement teams, and concurrent technical 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 and direction from the Partner group and promote consistency in audit execution and review practices.
Ability to collaborate and foster a productive, team-oriented environment.
Strong computer skills, including Microsoft Office—particularly Excel—and report-writing tools.
Maintain a professional demeanor with co-workers and clients.
Build confidence with the Partner group through reliable technical review support, sound judgment, responsiveness, and consistent high-quality work.
Ability to meet internal Firm deadlines.
Availability to work evenings and weekends based on position needs and to travel domestically if required.

Nice To Haves

Advanced degree.
Experience reviewing complex project-level or fund-level audits.
Experience in 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 (HA), 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 review responsibilities, including planning, staffing, timing, technical issues, review comments, documentation quality, and timely completion in coordination with the Partner group.
Conduct thorough technical engagement reviews of financial statements, audit workpapers, significant audit areas, documented conclusions, and complex technical matters.
Supervise and mentor professional staff, provide technical guidance and education, identify development opportunities, and maintain a respectful team atmosphere.
Use technical knowledge to identify and support high-value opportunities for existing Firm clients.
Support the Firm’s technical reputation through internal training, client training, technical discussions, publications, or similar activities as requested.
Maintain and strengthen client relationships through professionalism, responsiveness, technical competence, and service-oriented conduct.
Develop expertise in the Firm’s focus industries by completing training courses and building technical knowledge.
Support office and Firm profitability through efficient time management, effective staff supervision, timely resolution of review matters, and high-quality engagement delivery.
Meet internal Firm deadlines for time entry, billing, fee schedules, and related requirements.
Work evenings and weekends based on position needs and travel domestically if required.