Audit Senior I

Frost PLLC•Raleigh, NC

7d•Hybrid

About The Position

Auditing provides clients with an objective evaluation of a company’s financial statements. As an Audit Senior I, you’ll work with experienced audit staff and audit partners that will provide you with growth and learning opportunities. You will work with different teams to provide organizations in multiple industries with a representation of their financial performance. As a member of the audit team, you will complete fieldwork for operational and financial audits across the country. Working independently and collaboratively, you will prepare work papers with definite conclusions and recommendations for clients.

Requirements

Bachelor’s degree in accounting or related field.
Eligible to sit for Certified Public Accountant (CPA) exam or have CPA certification is required.
Minimum three years of experience.
Experience in Public Accounting and auditing.
Experience with audit software.
Foundational knowledge of Generally Accepted Accounting Principles (GAAP) and other accounting-related topics and governing entities.
Ability to travel nationally to client sites to perform audit fieldwork (20-40 nights per calendar year).
Current, valid driver’s license.

Nice To Haves

Experience working within manufacturing, agribusiness or related industries is preferred.
Ability to work extended hours during busy season.

Responsibilities

Complete audit procedures over assigned client financial statement segments (e.g., cash, accounts payable, and accounts receivable) that obtain sufficient appropriate audit evidence with a focus on audit quality and professional skepticism.
Serve as in charge of smaller engagements and components of larger engagements.
Take responsibility for the whole audit file, from engagement set up to completion, review note clearance, and close out of the audit file.
Prepare less complex audit reports.
Prepare clear and concise work papers that document work performed, results obtained, and has definitive conclusions. Further, document any recommendations for client correspondence.
Prepare and post journal entries.
Supervise staff, conduct first review of staff work and provide appropriate feedback for revision and training.
Communicate with client in preparation for audit.
Complete engagement-level risk assessment procedures.
Ensure completion of elements of general file.
Work independently as well as collaboratively.
Assist with audit fieldwork for both operational and financial audits.
Demonstrate the ability to identify issues and apply accounting principles and auditing procedures.
Develop positive working relationships with all client’s management staff.
Exhibit an understanding of computer systems used in audit preparation process.
Complete audit procedures that obtain sufficient appropriate audit evidence with a focus on quality and in accordance with applicable auditing standards.
Complete tasks and deliverables to a high-quality standard.
Demonstrate expertise in GAAP, related financial reporting matters and auditing standards.
Have a clear understanding of the importance of the work being completed and how it contributes to the audit objectives.
Perform inventory observations as well as document results.
Identify and document risks, issues, and conclusions - consulting with appropriate team members, as necessary.
Escalate risks and issues beyond own experience or skill set.
Keep senior team members informed of significant developments and progress on the engagement.
Take responsibility for the assigned audit areas, from start to completion, review note clearance and close out of the audit file.
Maintain a minimum of 40 hours of Continuing Professional Education (CPE) each calendar year.
Effectively exhibit communication, listening, and problem-solving skills including asking questions.
Comply with Firm practice management procedures and systems.