Audit Senior - Construction

Grassi•Jericho, NY

22d•Hybrid

About The Position

After more than 40 years, Grassi is a nationally ranked accounting firm providing advisory, tax, and accounting services across key sectors including construction. The firm is employee-owned, with over 550 employees and nine offices across the New York Metropolitan Area, Long Island, the Northeast, Florida, New England, and an international presence in Italy. This role is for a Construction Audit Senior Associate, available in Jericho, NY; New York, NY; or Park Ridge, NJ. Senior Auditors are responsible for planning and executing day-to-day audit activities for multiple clients, ensuring time constraints and deadlines are met, and reviewing work produced by junior audit staff. They lead engagements, act as primary client liaisons, address industry-specific accounting and audit issues, supervise and mentor staff, and ensure compliance with U.S. GAAP and industry best practices.

Requirements

Bachelor’s degree in Accounting
Minimum of 3-5 years progressive audit experience
Previous experience in public accounting required
Construction audit experience required
Proven ability to supervise and lead staff while working collaboratively in a team environment
The willingness and ability to work additional hours, as needed, and travel to various client sites
Excellent interpersonal, organizational, initiative, and leadership skills
Strong written and verbal communication skills
Proficiency with Microsoft Office Suite and Accounting software such as QuickBooks, CaseWare, ProSystem fx Engagement, CCH, etc.
Ability to manage multiple priorities in a deadline-driven environment
Maintains a high level of professionalism and consistently demonstrates respect for others
Ability to travel as needed
U.S. work authorization required; we do not sponsor or transfer work visas

Nice To Haves

Masters Degree in Accounting preferred
CPA license preferred or actively pursuing CPA certification

Responsibilities

Leading audit engagements for construction and real estate development clients from planning through final deliverables, including risk assessment, fieldwork supervision, and wrap-up procedures
Acting as the primary client liaison throughout the audit process, addressing industry-specific accounting and audit issues such as percentage-of-completion revenue recognition, job costing, and contract accounting
Supervising, training, and mentoring staff and interns, reviewing their audit work for accuracy and compliance, and providing timely, constructive feedback to support professional growth and technical development
Reviewing audit workpapers, financial statements, and disclosures to ensure compliance with U.S. GAAP, particularly ASC 606 (Revenue from Contracts with Customers), and industry-specific best practices
Evaluating internal controls and operational processes related to project budgeting, change orders, subcontractor management, retainage, and construction-in-progress (CIP) tracking
Preparing and reviewing complex sections of audit documentation, including workpapers, job schedules, WIP (Work-in-Progress) reports, and financial statement disclosures
Performing and reviewing substantive audit procedures over key construction-related accounts, such as contract revenue, costs, WIP, billings, retainage, and long-term liabilities
Researching and resolving complex accounting and audit issues, including those related to joint ventures, bonding requirements, and long-term contract accounting
Collaborating with managers and partners to tailor audit strategies to the client’s contract structures, project delivery methods (e.g., design-build, CMAR), and financial reporting needs
Assisting with performance evaluations and contributing to staff development and training initiatives within the audit team
Managing multiple engagements simultaneously while ensuring timely completion, adherence to budgets, and delivery of high-quality audit results
Ensuring compliance with professional standards, firm methodology, and industry-specific regulations or bonding agency requirements
Providing insights and recommendations to clients for improving internal controls, reporting processes, and job costing practices to enhance financial performance and reporting accuracy

Benefits

Generous paid time off
Flexible “Dress for Your Day” dress code
Telecommuting options
Flex-time policies
Summer hours, enhanced by our Floating Summer Friday’s program, which allows team members three extra Fridays off during the summer months in addition to their PTO
Positive, productive, and inclusive, diverse, and equitable company environment
Events organized by DEI Council and Grassi Women’s Council
Support for organizations such as Ronald McDonald House, Toys for Tots, Autism Speaks, Long Island Cares, and many of our nonprofit clients through Grassi Gives Back
Competitive base compensation with eligibility for a raise and bonus each June or December based on performance metrics and level
Medical Insurance
Dental Insurance
Vision Insurance
Employer contribution to life insurance
401(k) plan
ESOP (Employee Stock Ownership Plan)
Client and employee referral bonus program
Financial assistance toward the achievement of the CPA certification which includes the cost of the CPA study materials, CPA exam registration and sitting fees for all 4 parts (up to 2 x per part), plus the CPA application and licensing fees
Paid study time during work hours for CPA
Additional paid time off to take your scheduled CPA exam
Bonus paid upon passing the CPA exam
Continuing Professional Education (CPE) opportunities, including both technical and soft skills training, through internal courses and external programs at no cost
Discounted gym memberships
Various wellness initiatives and programs such as the CALM app