Senior Audit Associate

Prosperity Partners; New York (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Equity participation

Competitive compensation

Comprehensive benefits

Growth opportunities

Job summary

Prosperity Partners, a Chicago-headquartered professional services firm, seeks a Senior Audit Associate to support our growing audit practice in New York. You will lead audit assignments, supervise fieldwork, and prepare papers and financial statements in accordance with GAAP.

The role requires 4–8 years in public accounting audits, strong GAAP knowledge, and experience with financial services clients. Office presence is required at least 2 days per week, with opportunities for advancement.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required.
• CPA license or active progress toward CPA certification preferred.
• 4–8 years of public accounting audit experience.
• Strong knowledge of GAAP and auditing standards.
• Experience with financial services clients (broker-dealers, hedge funds, private equity) a plus.
• Demonstrated analytical and problem-solving skills.
• Proficient in Microsoft Office Suite, particularly Excel.
• Experience with audit software and data analysis tools.
• Excellent written and verbal communication skills.
• Ability to manage multiple engagements, priorities and deadlines.
• Experience supervising and mentoring junior staff preferred.
• High level of integrity and professionalism.
• Availability to work in the office at least 2 days per week.

Responsibilities

• Lead the planning, execution, and completion of audit assignments per firm policies and regulations.
• Supervise fieldwork, test internal controls, substantive testing, and document audit findings.
• Prepare and review working papers and financial statements in accordance with GAAP.
• Identify and resolve accounting, auditing, and reporting issues.
• Collaborate with clients and teams to improve processes and controls.
• Mentor Audit Associates and interns; provide guidance.
• Communicate with clients to gather information and discuss findings.
• Stay current with accounting standards and industry trends.
• Assist in presenting audit reports and recommendations to management.
• Support high-quality client service and continuous improvement.

Skills

Analytical thinking

Problem solving

Communication skills

Time management

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

Excel

Audit software

Data analysis tools

Job description

Senior Audit Associate

Prosperity Partners (“Prosperity”) is a Chicago-headquartered professional services firm offering best-in-class tax, accounting, transaction advisory and personal finance services to dynamic businesses, high net-worth individuals, and family offices. With offices throughout the United States and private equity backing, Prosperity is seeking a detail-oriented Senior Audit Associate with 4-8 years of experience to support our rapidly growing audit practice.

Key Responsibilities:

• Lead the planning, execution, and completion of audit assignments in accordance with firm policies and relevant regulations;
• Perform and supervise fieldwork, including testing of internal controls, substantive testing, and documentation of audit findings;
• Prepare and review working papers and financial statements in compliance with GAAP;
• Assist in identifying and resolving accounting, auditing, and reporting issues;
• Collaborate with clients and engagement teams to identify areas for improvement in processes and internal controls;
• Supervise, mentor, and provide guidance to Audit Associates and interns;
• Communicate effectively with clients to gather necessary information, address inquiries, and discuss audit findings;
• Stay current with accounting and auditing standards, as well as industry trends;
• Support the preparation and presentation of audit reports and recommendations to management and senior client personnel;
• Contribute to the firm’s commitment to high-quality client service and continuous improvement.

Candidates that demonstrate hard work, enthusiasm and ethical behavior will have excellent opportunities for annual advancement. The position offers a unique opportunity to work with a high-level professional services firm with significant growth potential. Due to the collaborative nature of our work, employees are expected to be in the office two days per week.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field;
• CPA license or active progress toward CPA certification preferred;
• 4–8 years of public accounting audit experience;
• Strong knowledge of GAAP and auditing standards;
• Experience working with the financial services industry, more specifically broker-dealers, investment partnerships/hedge funds and private equity funds;
• Experience with Quality of Earnings reporting is a plus;
• Demonstrated analytical and problem-solving skills;
• Proficient in Microsoft Office Suite, particularly Excel;
• Experience with audit software and data analysis tools preferred;
• Excellent written and verbal communication skills;
• Ability to manage multiple engagements, priorities, and deadlines;
• Experience supervising and mentoring junior staff preferred;
• High level of integrity and professionalism;
• Availability to work in the office at least 2 days per week.

Prosperity Partners is a people-focused professional services business with a strong culture, talented professionals, and exceptional clients. We offer a dynamic environment, significant growth opportunities, equity participation, competitive compensation, and comprehensive benefits.

Annual Salary Range

$90,000—$120,000 USD