AUDIT MANAGER

As an Audit Manager at Direct Staffing Inc, your key responsibilities will include supervising audit engagements, directing audit teams, and ensuring compliance with GAAP and GAAS. You'll advise clients on economic and regulatory risks, resolve complex accounting issues, and manage engagement profitability, including billings and collections. Additionally, your role will involve business development and maintaining strong client relationships, all while leading your team effectively.

To apply for the Audit Manager position at La Jolla Ranch, CA, candidates need a Bachelor’s degree in Accounting or a similar field, with a preference for those holding an MBA or a Master’s in Accountancy. You should possess a CPA license and have 5-7 years of experience in public accounting, along with notable supervisory experience in managing audit teams.

Success as an Audit Manager at Direct Staffing Inc hinges on a variety of skills. You’ll need strong knowledge of GAAP and GAAS, excellent verbal and written communication skills, and the ability to foster client relationships. Proven leadership experience, solid decision-making ability, and competency in managing multiple engagements will contribute to your effectiveness in this role.

Candidates for the Audit Manager role at Direct Staffing Inc should be proficient in using various assurance applications relevant to auditing processes, along with advanced skills in Microsoft Office products, including Word, Excel, and PowerPoint. Familiarity with financial reporting control systems and research tools is also beneficial for this position.

Direct Staffing Inc actively encourages Audit Managers in business development through networking opportunities, marketing strategies, and training on client engagement. You’ll be supported by a collaborative environment where your ideas can thrive, promoting not only your professional growth but also the firm’s overall success.

To ensure compliance with GAAP and GAAS, I implement a structured audit planning process, including thorough risk assessments and ongoing training for my team. I regularly review audit work papers and consult technical accounting literature to address complex issues. My goal is to foster a culture of adherence to standards throughout the audit process.

In managing audit teams, I emphasize clear communication and delegation of tasks suited to each team member's strengths. I believe in offering constructive feedback and mentorship to promote professional development. Keeping the team engaged and motivated is key to our success in delivering quality audits.

Effective client relationship management is built on trust and transparency. I prioritize regular communication, listen actively to client needs, and follow up on progress. By providing value through insights and regular updates, I build rapport and establish myself as a trusted advisor to my clients.

When conflicts arise during an audit, I address them immediately and directly with the parties involved. I encourage open dialogue to understand different perspectives and work collaboratively to find a resolution. It’s important to maintain professionalism and focus on the best outcome for our client.

Developing new business opportunities requires a proactive approach. I network with industry professionals, attend workshops, and leverage existing client relationships for referrals. I also collaborate closely with our marketing team to identify potential leads and create tailored presentations that highlight our value proposition.

During busy audit seasons, I prioritize tasks by assessing their urgency and impact. I employ project management tools to track deadlines and allocate resources efficiently. Regular team meetings allow us to reassess priorities and adjust our focus to meet client needs efficiently.

In my previous role, I encountered a complex revenue recognition issue for a client with multiple contracts. By conducting thorough research and consulting with industry experts, I developed a comprehensive solution that complied with current standards, ultimately enhancing the client’s financial statements and stakeholder confidence.

The most important qualities for an Audit Manager include strong technical knowledge, effective leadership, and excellent communication skills. Additionally, a proactive approach to business development and a passion for continuous learning are essential to navigate the ever-evolving accounting landscape.

To ensure engagement profitability, I closely monitor billings and collections throughout the audit process. I establish clear budgets and communicate them to my team, ensuring everyone understands their responsibilities and the financial goals of the engagement. Regular progress reviews help identify areas for improvement.

I stay updated on changes in accounting standards and regulations by subscribing to professional accounting journals, attending workshops, and participating in relevant webinars. Engaging with professional networks and organizations also provides valuable insights into emerging trends and regulatory changes.