Senior Audit Associate
Location: Lincolnshire, Illinois
Work Arrangement: Hybrid / On-site
Employment Type: Full Time
Experience Required: 3+ Years
About the Role
We are hiring a Senior Audit Associate for a well-established public accounting and advisory firm in Lincolnshire, Illinois.
This opportunity is suitable for an experienced audit professional with a strong background in public accounting, financial statement audits, and audit and assurance engagements.
The selected candidate will work closely with Audit and Assurance Managers, firm leadership, internal teams, and clients while independently managing assigned engagement responsibilities and maintaining a high standard of audit quality and client service.
Key Responsibilities
- Perform and manage assigned audit and assurance engagement activities.
- Execute financial statement audit procedures in accordance with applicable professional standards.
- Assist with audit planning, fieldwork, testing, documentation, and engagement completion.
- Prepare accurate and complete audit workpapers and supporting documentation.
- Perform substantive testing, analytical procedures, walkthroughs, and other required audit procedures.
- Review financial records, schedules, and supporting documentation provided by clients.
- Identify accounting, audit, financial reporting, and internal control issues.
- Research and assist in resolving accounting and auditing matters.
- Communicate directly with clients regarding audit requests, documentation, findings, and outstanding items.
- Coordinate with client accounting and finance teams throughout the audit engagement.
- Independently manage assigned portions of audit engagements.
- Track engagement progress and ensure assigned work is completed accurately and on schedule.
- Provide timely updates to Audit and Assurance Managers regarding engagement status, risks, and open items.
- Address review comments and complete required audit documentation.
- Support risk assessment and internal control evaluation activities.
- Maintain strong audit quality and professional standards.
- Manage multiple engagements, priorities, and deadlines effectively.
- Maintain professional relationships with clients and internal engagement teams.
- Support special audit and assurance projects as required.
Required Qualifications
- Minimum 3 years of public accounting experience.
- Minimum 3 completed Audit / Assurance busy seasons.
- At least 1 completed busy season at Senior Associate, Audit Senior, Assurance Senior, Senior Assurance Associate, or Supervisor level.
- Bachelor's degree with an Accounting specialization or an equivalent accounting qualification.
- CPA or CPA eligibility is required.
- Strong hands-on experience in financial statement auditing.
- Strong understanding of accounting and auditing principles.
- Experience preparing audit workpapers and supporting documentation.
- Experience independently handling assigned portions of audit engagements.
- Strong analytical, organizational, and problem-solving skills.
- Strong written and verbal communication skills.
- Strong client-facing communication and stakeholder management skills.
- Ability to manage multiple priorities and deadlines.
- Ability to work independently as well as collaboratively within an Audit and Assurance team.
- Ability to work in a Hybrid / On-site arrangement in Lincolnshire, Illinois.
Preferred Qualifications
- Active CPA certification.
- Master's degree in Accounting or a related field.
- Experience working with privately held or middle-market organizations.
- Experience managing multiple audit engagements.
- Experience communicating with Controllers, Accounting Managers, Finance Directors, CFOs, and other client stakeholders.
- Experience identifying and resolving accounting and financial reporting issues.
Preferred Industry Experience
Experience in one or more of the following industries is highly desirable:
- Construction
- Manufacturing
- Distribution
- Technology
- Business Combinations
- Mergers and Acquisitions
- Privately Held Companies
- Middle-Market Organizations
Ideal Candidate Background
Candidates currently or previously working in the following roles are encouraged to apply:
- Senior Audit Associate
- Audit Senior
- Assurance Senior
- Senior Assurance Associate
- Senior Auditor
- Audit Supervisor
The ideal candidate should come from a public accounting firm and have hands-on experience with financial statement audits, audit documentation, client communication, accounting issue resolution, and independent ownership of assigned audit engagement responsibilities.
Critical Requirements
Candidates must have:
- 3+ years of Public Accounting Audit / Assurance experience
- 3+ completed Audit / Assurance busy seasons
- At least 1 busy season at Senior Associate, Audit Senior, Assurance Senior, or Supervisor level
- Bachelor's degree with Accounting specialization or equivalent qualification
- CPA or CPA eligibility
- Strong Financial Statement Audit experience
- Strong Audit Workpaper and Documentation experience
- Client-facing communication experience
- Ability to independently manage assigned audit responsibilities
- Ability to work Hybrid / On-site in Lincolnshire, Illinois
Important Note
Candidates without relevant Public Accounting Audit / Assurance experience should not be considered.
Candidates whose experience is primarily in Internal Audit, Corporate Accounting, Taxation, Bookkeeping, Accounts Payable, Accounts Receivable, or General Finance without relevant public accounting external audit experience may not be suitable for this position.
Candidates with fewer than 3 completed Audit / Assurance busy seasons should not be submitted.
Key Skills
Public Accounting, Audit Assurance, Financial Statement Audit, External Audit, Financial Auditing, Audit Planning, Audit Workpapers, Audit Documentation, Accounting, US GAAP, GAAP, Risk Assessment, Internal Controls, Client Engagement, Assurance Engagements, CPA, CPA Eligible, Audit Senior, Senior Audit Associate, Assurance Senior, Senior Auditor