Audit Senior

Jacobson Lawrence & Company; Greenville (TX); On-site; USD 75,000 - 95,000; Full time

Job summary

A financial services firm in Greenville, Texas is seeking an Audit Senior to perform examinations with minimal supervision and direct assistants in their work. The role involves reviewing internal controls, accounts receivable, and inventory valuations, as well as drafting audit reports. Candidates should have a Bachelor's degree in Accounting and significant auditing experience. This position requires strong judgment in accounting matters and the ability to supervise staff, with opportunities for professional growth.

Qualifications

• Ability to direct a number of assistants and review their work.
• Experience in making decisions on accounting and auditing matters.
• Skill in setting up time budgets and directing methods for audit objectives.

Responsibilities

• Perform examinations with minimal supervision.
• Review internal controls and accounts receivable.
• Supervise inventory count and evaluate inventory valuation.
• Draft audit reports and management letters.

Skills

Audit and review internal control

Evaluate accounts receivable for collectability

Supervision of assistants

Judgment on accounting matters

Draft management letters and reports

Education

Bachelor's degree in Accounting or related field

Job description

At JLCO Inc. , our mission is to deliver a comprehensive and holistic approach to professional services, offering more than traditional accounting and tax support.

Our Vision

Our vision is to act as a central advisor and trusted influence, providing an ecosystem of solutions designed to address every aspect of each of our firms' clients' financial health and well-being, and meet their ever-changing needs.

Our Core Values

These principles guide everything we do, from client relationships to team collaboration.

Integrity in Every Action

We believe trust is the foundation of every client relationship and every internal partnership. At JLCO, integrity means doing the right thing even when no one is watching. From tax compliance to IT security, we uphold industry-leading standards of honesty, transparency, and accountability to guide every decision we make.

Collaboration that Elevates

We achieve more when we work together. Collaboration at JLCO means breaking down silos between offices, departments, and teams to create a dynamic client and employee experience. By respecting each other's strengths and sharing knowledge, we elevate not only our teams, but the clients and community we serve.

Innovation with Purpose

We embrace change and harness technology to move our clients and our firm forward. At JLCO, innovation isn't about chasing trends — it's about implementing solutions that create efficiency, deliver clarity, and open new possibilities for growth. Every technology and tool we adopt is tested to ensure it aligns with our mission of empowering our clients toward their best future.

Job Posting Title Audit Senior

Job Description

Job Description

The Audit Senior performs most examinations with a minimum of supervision. He or she directs a number of assistants, instructs them in work to be performed, reviews the work done, and directs necessary revisions. Such an individual is able to make decisions on all but the most unusual accounting and auditing matters. When such problems arise, the senior outlines them for his or her supervisor, manager, or partner and then acts on that individual's advice.

Audit Seniors are able to set up time budgets on jobs they have previously handled and can direct assistants to employ methods which will accomplish audit objectives. They judge the suitability of expenditures to be incurred on an engagement, both by themselves and by those working under them.

The Audit senior may perform some or all of the following functions:

• Review internal control.
• Review accounts receivable for collectability and evaluate the adequacy of provision for loss.
• Reconcile intercompany payables and receivables.
• Investigate the possibility of unrecorded revenues.
• Classify accounts for financial statement presentation.
• Supervise the observation of a large inventory count.
• Determine if inventory items are obsolete or slow-moving.
• Review basis of inventory valuation.
• Evaluate the propriety of depreciation methods and lives used.
• Inspect securities owned, verify cost and present values, and review the form in which title is held.
• Determine possible contingent liabilities by correspondence with attorneys, examination of minutes, inquiries to clients, and so forth.
• Verify purchases and sales cutoffs.
• Determine the extent of test-checking required in an audit and select the period to be tested.
• Write comments for management letters.
• Review entries subsequent to balance sheet date to determine need for disclosures.
• Obtain and write up other disclosure data such as leases, differences between tax and accrual reporting, and so forth.
• Review and update the client's permanent file.
• Draft reports including footnotes.
• Supervise and train Staff Accountants.
• Prepare routine correspondence to the client for approval and signature of a partner or manager.
• Prepare budgets.
• The senior should be able to perform and direct the broadest range of accounting tasks so that the direct participation of supervisors, managers, or partners is kept to a minimum.