Audit Manager – Nonprofit/Single Audit

Audit Manager – Nonprofit/Single Audit

Requirements

• At least five (5) years experience in public accounting with significant focus in the nonprofit industry including but not limited to social service agencies, healthcare, educational, and arts and culture organizations, single audits and other compliance audits, demonstrating a proven progression.
• Bachelor’s degree in Accounting, Business, or related equivalent, as well as CPA certification
• Minimum of forty hours of continuing education is required each year to maintain and develop technical and business skills, as well as to maintain license requirements.
• Participation in career development program to improve managerial, communication, and interpersonal skills.
• 5+ years of experience performing research and providing quality technical advice.
• Excellent oral & written communication skills.
• Demonstrated leadership and supervisory skills.
• Strong interpersonal skills, including proven experience liaising with clients.
• Self-starter with the ability to work independently and use good judgment.

Responsibilities

• All phases of an audit, compilation, or review engagements for a variety of nonprofit organizations, including but not limited social service agencies, healthcare, educational, and arts and culture organizations. Experience auditing governmentally funded organizations subject to single audit and other compliance audits is critical.
• Maintains and continually develops technical knowledge of the relevant professional standards with an emphasis on Governmental Audit Standards, Single Audit Compliance requirements, and federal and California state regulations.
• Is a competent project leader – influences and leads teams to deliver high quality service on time and within budget.
• Has an understanding of California state and Los Angeles County specific government grants and funding sources and related compliance requirements.
• Develops working knowledge of the new accounting standards applicable to the nonprofit organizations and educates client peers on the specifics of their application.
• Has aptitude for accounting research and application on accounting and reporting matters.
• Maintains contact with clients throughout the year; possesses a thorough knowledge of the client and all facets of client’s mission, programs, and operations.
• Plans, schedules and staffs engagements using firm policies and procedures.
• Maintains familiarity with qualifications of all staff members; reviews staff assignments for appropriateness.
• Supervises seniors and staff and provides on-the-job training; reviews work papers and reports prepared by staff.
• Coaches and develops responsible and experienced team members by assisting in performance evaluations.
• Proactively manages the engagements to ensure external and internal deadlines are met and the work is completed in accordance with the applicable standards.
• Demonstrates commitment to engagement profitability.
• Anticipates problem areas of engagement and questions that will arise.
• Keeps partner informed of all important developments on engagement; analyzes problems and recommends solutions.
• Ensures that financial statements and letters of recommendations are prepared in accordance with professional and firm standards.
• Communicates progress of engagements, problems and resolutions to client.
• Prepares engagement letters for approval by partner.
• Performs client billing, communicates details of fees to clients, and assists in collection of overdue accounts.
• Possesses a complete knowledge of the firm’s philosophy and its opinions on financial matters.
• Maintains a knowledge of general economic and political trends of possible legislation that could affect the operating environment in the nonprofit industry.

Preferred Qualifications

• Works to develop the nonprofit staff team by assisting in recruiting, developing training aids, and acting as an instructor in nonprofit niche professional development programs.
• Prepares other reports and projects as requested from time to time by the partners.
• Participates in firm’s practice development efforts in the nonprofit niche.
• Builds client relationships.
• Participates in marketing, networking and business development.
• Applies knowledge of business functions, processes and strategies.
• Supervises, directs and reviews the results of the engagement.
• Responsible for the engagement profitability – billings and collections.
• Participates in firm’s initiatives and taskforces.
• Becomes a part of the firm’s Mentoring Program.