Contract Compliance Senior Consultant

Withum; Philadelphia (Philadelphia County); Hybrid; USD 85,000 - 110,000; Full time

Job summary

Withum’s Risk Advisory practice is growing, seeking a Contract Compliance Senior Consultant to handle royalty audits, franchise compliance, revenue participation audits, lease reviews, and vendor audits. The role requires 3+ years in public accounting or contract compliance and a CPA track record or progress toward CPA/CFE certification.

The Senior Consultant will work from one of several offices (New York, Whippany, East Brunswick, Red Bank, Princeton, or Philadelphia) in a hybrid setting with

Qualifications

• Bachelor’s degree in accounting, finance, or related field.
• Licensed CPA, or working towards CPA/CFE certification, or other equivalent certifications.
• 3+ years of experience working for a public accounting firm or performing contract compliance engagements.
• Effective client service and communication skills, both verbal and written.
• Strong critical thinking, analytical, and problem-solving skills.
• Experience evaluating, analyzing and interpreting contractual obligations.
• Strong Excel and other data analytic software skills.
• Knowledge of various business processes including ICFR, Revenue, Accounts Payable, Treasury, Financial Close, etc.
• Desire and ability to work in a team environment.

Responsibilities

• Assisting audit teams with planning and testing of franchisees and licensees' compliance, financial and brand management, with the contractual obligations for all contract compliance audits.
• Performing analysis of the franchisees and licensees' financial records to determine reportable income and other contractual obligations.
• Perform independent research on franchisees, owners, and related parties and businesses to the contractual relationship.
• Manage the project process and ensure the timeliness of completion, and communicate with the clients to ensure their cooperation.
• Preparing work papers summarizing evidentiary data obtained, conclusions reached, and findings due to our clients.
• Document the franchisees and licensees' response to our testing and verify if the response is in accordance with the contract obligations.
• Prepare a written report with a documented explanation of the process, franchisees and licensees' response, and the recalculation of fees due to our clients based on the reporting requirements.

Skills

Client service

Analytical thinking

Problem solving

Excel

Data analytics

Teamwork

Contractual obligations knowledge

Education

Bachelor's degree in accounting, finance, or related field

CPA certification in progress / CPA/CFE candidate or equivalent certifications

Tools

Excel

Data analytics tools

Job description

Job Description

The Risk Advisory practice at Withum is experiencing significant growth driven by market demand for assurance services. Our team is seeking a Contract Compliance Senior Consultant with experience performing royalty audits, franchise compliance audits, revenue participation audits, lease agreement reviews, vendor audits, and contractual based projects.

The Senior Consultant can be based in our New York, NY; Whippany, NJ; East Brunswick, NJ; Red Bank, NJ; Princeton, NJ; or Philadelphia, PA office. This position is a hybrid role (3 days in the office).

How You'll Spend Your Time

• Assisting audit teams with planning and testing of franchisees and licensees' compliance, financial and brand management, with the contractual obligations for all contract compliance audits.
• Performing analysis of the franchisees and licensees' financial records to determine reportable income and other contractual obligations.
• Perform independent research on franchisees, owners, and related parties and businesses to the contractual relationship.
• Manage the project process and ensure the timeliness of completion, and communicate with the clients to ensure their cooperation.
• Preparing work papers summarizing evidentiary data obtained, conclusions reached, and findings due to our clients.
• Document the franchisees and licensees' response to our testing and verify if the response is in accordance with the contract obligations.
• Prepare a written report with a documented explanation of the process, franchisees and licensees' response, and the recalculation of fees due to our clients based on the reporting requirements.

The Kind of People We Want to Talk to Have Many of The Following

• Bachelor's degree in accounting, finance, or related field.
• Licensed CPA, or working towards CPA/CFE certification, or other equivalent certifications.
• 3+ years of experience working for a public accounting firm or performing contract compliance engagements.
• Effective client service and communication skills, both verbal and written.
• Strong critical thinking, analytical, and problem-solving skills.
• Experience evaluating, analyzing and interpreting contractual obligations.
• Strong Excel and other data analytic software skills.
• Knowledge of various business processes including ICFR, Revenue, Accounts Payable, Treasury, Financial Close, etc.
• Desire and ability to work in a team environment.

Compensation

New York: $90,000 - $110,000

NJ/Pennsylvania: $85,000 - $110,000

In addition to the base compensation, Withum offers a competitive benefits package and bonus program (for eligible roles) based on individual and firm performance. Final offer amounts are based on multiple factors such as the specific role, hiring location, as well as the individual's skills, experience, and qualifications. For additional information on our benefits, visit our website at https://www.withum.com/careers/.

EEO Statement

WithumSmith+Brown, PC is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of race, color, creed, religion, ancestry, age, sex (including pregnancy), genetic information, marital status, domestic partnership status, familial status, affectional or sexual orientation, gender identity, citizenship status, national origin, disability or handicap, veteran status, weight, height, or any other classification protected by federal, state, or local law.