Audit Associate

Blackman & Sloop; Chapel Hill (NC); Hybrid; USD 60,000 - 80,000; Full time

Benefits offered by this job

Unlimited PTO

Medical, dental, vision, and voluntary

401(k) matching

Performance bonus

12 paid holidays

Off-season Flex Fridays

Closed Fridays in June

Professional development

Job summary

Blackman & Sloop in Chapel Hill, NC, seeks an Experienced Audit Associate to work on diverse audit engagements for commercial and nonprofit clients. You will perform procedures, lead schedules, and tie-outs, while gaining exposure to varied industries and engagement teams.

You will take ownership of assigned audit areas, communicate professionally with clients, and ensure work is completed within budget and deadlines. Strong analytical and teamwork skills are essential.

Qualifications

• Bachelor’s degree in accounting, finance, or a related field.
• CPA license, CPA eligibility, or active progress toward CPA licensure.
• 1–3 years of external audit experience in public accounting.
• Working knowledge of U.S. GAAP, GAAS, internal controls, and financial statement presentation.
• Experience preparing audit workpapers, reconciliations, lead schedules, analytical procedures, and financial statement tie-outs.
• Willingness to learn and use new technologies, including audit software, data analytics tools, and engagement-management systems.
• Strong work ethic, accountability, teamwork, and a good sense of humor!

Responsibilities

• Support audit engagements for a diverse range of for-profit and nonprofit clients.
• Perform audit procedures in accordance with GAAS, firm methodology, and applicable accounting standards.
• Take ownership of assigned audit sections, including preparing workpapers, lead schedules, reconciliations, and account analyses.
• Tie out trial balances, financial statements, supporting schedules, and disclosures for accuracy and completeness.
• Analyze financial information, investigate variances, and document conclusions based on sufficient appropriate audit evidence.
• Prepare client write-ups, audit findings, proposed adjustments, and other engagement deliverables.
• Assist with audit planning, internal control documentation, financial statement preparation, and management letter recommendations.
• Communicate clearly and professionally with clients and engagement team members.
• Multi-task across multiple assignments and complete work within established budgets, deadlines, and quality standards.
• Apply U.S. GAAP, GAAS, and internal control principles to audit engagements.

Skills

CPA license/eligibility

Strong communication

Analytical skills

Organizational skills

Problem-solving

Teamwork

Time management

Education

Bachelor’s degree in accounting/finance

Tools

Audit software

Data analytics tools

Excel

Job description

Backed by private equity from people-focused Alpine Investors, Ascend is building a dynamic platform for regional accounting firms that enables them to stay independent while accessing the resources of a Top 25 firm to help them grow. Ascend provides access to growth capital, robust talent acquisition and training, leading quality management resources,best-of-breed technology, AI tools, an offshore captive, shared back-office services, a catalytic leadership system, and modernized equity incentives so that firms can surmount today’s industry challenges to reach their full potential.

At Blackman & Sloop, we hire great people and give them a great place to work. We listen to what our employees value, and being a local firm gives us the advantage of flexibility. Our secret to retaining staff is a positive culture, strong community involvement, and a dedication to constantly increasing our competencies. We are a two-office firm, with locations in Chapel Hill and Greensboro, and approximately 45 full-time staff.

For 7 years, we’ve been honored as one of Accounting Today’s “Best Accounting Firms to Work For”! We’ve also been recognized by Business North Carolina as one of the “Best Employers in North Carolina” list for multiple years. Most recently, we are proud to have received the Best Companies Group award for Best Accounting Firms for Women in Chapel Hill.

As an independent member of the BDO Alliance, we have access to the resources of BDO USA, LLP, the world's 5th largest accounting and consulting firm. Additionally in May 2024, we made the strategic decision to join Ascend to usher us in our next stage of growth.

The Role

We are seeking an Experienced Audit Associate to work on a variety of audit engagements for commercial and nonprofit clients across the firm’s niche industries — including, construction, auto dealerships and nonprofit organizations, and employee benefit plans. This role is suited to an audit associate with one to two years of public accounting experience who is ready to take on greater engagement responsibility while gaining exposure to a diverse client base.

You will perform alongside a team of colleagues, display excellent interpersonal skills, and take ownership of assignments from start to finish. The ability to multi-task and complete your work within time constraints and deadlines is key to your success in this role.

Key Responsibilities

• Support audit engagements for a diverse range of for-profit and nonprofit clients.
• Perform audit procedures in accordance with GAAS, firm methodology, and applicable accounting standards.
• Take ownership of assigned audit sections, including preparing workpapers, lead schedules, reconciliations, and account analyses.
• Tie out trial balances, financial statements, supporting schedules, and disclosures for accuracy and completeness.
• Analyze financial information, investigate variances, and document conclusions based on sufficient appropriate audit evidence.
• Prepare client write-ups, audit findings, proposed adjustments, and other engagement deliverables.
• Assist with audit planning, internal control documentation, financial statement preparation, and management letter recommendations.
• Communicate clearly and professionally with clients and engagement team members.
• Multi-task across multiple assignments and complete work within established budgets, deadlines, and quality standards.
• Apply U.S. GAAP, GAAS, and internal control principles to audit engagements.
• Bachelor’s degree in accounting, finance, or a related field.
• 1–3 years of external audit experience in public accounting.
• Working knowledge of U.S. GAAP, GAAS, internal controls, and financial statement presentation.
• Experience preparing audit workpapers, reconciliations, lead schedules, analytical procedures, and financial statement tie-outs.
• Ability to take ownership of assigned audit areas and complete work accurately within established budgets and deadlines.
• Strong analytical, organizational, problem-solving, and communication skills.
• Ability to work on multiple assignments and interact professionally with clients and engagement team members.
• CPA license, CPA eligibility, or active progress toward CPA licensure.
• Willingness to learn and use new technologies, including audit software, data analytics tools, and engagement-management systems.
• Strong work ethic, accountability, teamwork, and a good sense of humor!

Preferred Qualifications

• Experience with audit data analytics, internal controls, risk assessment, or enterprise risk management.
• Experience with Excel and electronic audit workpaper or engagement-management software.
• Audit experience with construction companies, automotive dealerships, nonprofit organizations, employee benefit plan audits or other privately held businesses.
• Experience preparing financial statements, disclosures, management letters, audit findings, or proposed adjusting journal entries.
• Interest in developing technical expertise and progressing in their career.

Who We Look For

A bright, eager professional who comes to work excited to pursue their passion and grow alongside a team. Someone who values relationships as much as technical ability, thrives in a collaborative environment, and is committed to excelling and pursuing growth together.

Location & Schedule

Hybrid opportunity based in Chapel Hill, NC.

What We Offer

We hire good people and give them a good place to work. Our secret to keeping them around is a positive culture, strong community involvement, and a dedication to constantly increasing our competencies. We truly believe that when you succeed, the firm succeeds, and we make sure you have whatever tools you need to make that success possible.

Join our team and enjoy a comprehensive benefits package:

• Unlimited PTO
• Medical, dental, vision, and voluntary insurance options
• 401(k) matching
• Performance bonus
• 12 paid holidays
• Off-season Flex Fridays
• Closed on Fridays during the month of June
• Commitment to professional development

At Ascend, we provide a fair and equal employment opportunity for all candidates regardless of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity/expression, age, marital status, disability, or any other legally protected characteristic. Ascend hires and promotes individuals solely based on qualifications for the position to be filled and business needs.