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Audit Associate

Job Title: Audit Associate

 

Department: Audit

 

Location: Century City or Encino (Hybrid)


Successful candidates should have the following:
  • Internship and/or 1+ years of public accounting experience.
  • Undergraduate or master’s degree in accounting or a related field.
  • Minimum overall and accounting GPAs of 3.4.
  • Should be preparing for or have already passed the CPA examination.
  • A solid understanding of audit issues.
  • Ability to utilize firm technology to enhance client service.
  • Proficiency in Microsoft Office applications.
  • Excellent written and oral communication skills.


A day-in-the-life basic overview includes:
  • Ensures compliance with established internal control procedures by examining records, reports, operating practices, and documentation.
  • Maintains internal control systems by updating audit programs and questionnaires and recommending new policies and procedures.
  • Completes audit work papers by documenting audit test findings and conclusions.
  • Performs accounting research and tests analytical procedures on financial data.
  • Identifies audit issues and proposes strategies to resolve them.
  • Communicates the status of work and issues with seniors, managers, or partners in a timely manner.
  • Works with other members of a team on a variety of engagements.
  • Develops strong relationships with firm and client personnel.


$60,000 - $85,000 a year
The annual salary target for this job in this market is $60,000 - $85,000. The specific compensation for this role will be determined based on the market demand, education, experience, and skill set of the individual selected for this position.

The compensation above is not representative of an employee’s total compensation. In addition to income, the following benefits are available: comprehensive medical, dental, and vision insurance, retirement savings, life and disability insurance, profit sharing and 401(k) match, certification incentives, education assistance, referral program, and more.

Benefits: G|S offers market-leading benefits, including medical/dental/vision insurance, paid parental leave, generous PTO, a profit-sharing plan, a 401(k) match, and overtime pay. We also offer several fun intangible perks, such as our annual ski/camping trip, black-tie holiday party, quarterly departmental mixers (travel stipend included), and paid continuing education.


About Us: Gursey | Schneider LLP is a Top 100 Firm and a 10-time recipient of Inside Public Accounting's Best of the Best Firms, with more than 40 years of success in the market. Our firm consists of over 200 accounting professionals, and our talented people consistently drive the success of our business through thoughtful strategy and creative problem-solving.

Average salary estimate

$72500 / YEARLY (est.)
min
max
$60000K
$85000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Audit Associate, Gursey

Are you ready to kickstart your career as an Audit Associate with Gursey | Schneider LLP? Located in the vibrant Century City or Encino, this hybrid role combines flexibility with the exciting world of public accounting. As an Audit Associate, you’ll be diving into a variety of engaging tasks from day one. Your responsibilities will include ensuring compliance with internal control procedures by examining various records and reports, as well as maintaining and updating audit programs. You’ll have the opportunity to demonstrate your analytical skills by performing accounting research and testing financial data. Communication is key in this role, as you’ll be keeping seniors, managers, and partners informed about your work progress and any audit issues you identify. It's a collaborative environment where you'll develop strong relationships with both your team members and clients. To thrive in this position, ideally, you should have at least one year of public accounting experience and be on your way to or have already passed the CPA exam. With a supportive team and a great company culture, you’ll also enjoy a competitive salary ranging from $60,000 to $85,000, along with fantastic benefits like comprehensive medical insurance, generous PTO, and more. If you’re looking for an opportunity to grow and develop in a top-ranked firm, the Audit Associate position at Gursey | Schneider LLP is the perfect place to start!

Frequently Asked Questions (FAQs) for Audit Associate Role at Gursey
What are the responsibilities of an Audit Associate at Gursey | Schneider LLP?

The Audit Associate at Gursey | Schneider LLP is responsible for ensuring compliance with established internal control procedures by examining records, reports, and operating practices. You will also maintain internal control systems, complete audit work papers by documenting findings, and communicate your work status with seniors and managers.

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What qualifications are needed for the Audit Associate position at Gursey | Schneider LLP?

To qualify for the Audit Associate role at Gursey | Schneider LLP, candidates should have either completed an internship or possess at least one year of public accounting experience, along with a bachelor's or master's degree in accounting or a related field. A minimum GPA of 3.4 is also required, and candidates should be preparing for or have passed the CPA examination.

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What is the salary range for an Audit Associate at Gursey | Schneider LLP?

The salary range for an Audit Associate position at Gursey | Schneider LLP varies between $60,000 and $85,000 annually. This compensation is subject to various factors including market demand, educational background, experience, and individual skill set.

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What benefits does an Audit Associate receive at Gursey | Schneider LLP?

Gursey | Schneider LLP offers an extensive benefits package for their Audit Associates that includes comprehensive medical, dental, and vision insurance, retirement savings options, life and disability insurance, as well as education assistance and referral programs.

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What kind of company culture can an Audit Associate expect at Gursey | Schneider LLP?

At Gursey | Schneider LLP, the company culture is vibrant and supportive, promoting teamwork and collaboration. Employees enjoy fun perks like annual trips, holiday parties, and quarterly mixers, in addition to opportunities for professional development.

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Common Interview Questions for Audit Associate
Can you describe your experience with internal control procedures as an Audit Associate?

When answering this question, highlight specific instances where you examined records or compliance issues related to internal controls. Detail your approach and mention any tools or technologies you utilized.

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How would you prioritize your tasks while working on multiple audit engagements?

To effectively answer this, discuss your time management skills and how you would assess the urgency of each task. Mention any specific strategies you apply to ensure deadlines are met without sacrificing quality.

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Can you talk about a challenging audit issue you've faced and how you resolved it?

Provide a specific example that showcases your problem-solving skills. Explain the audit issue, the methods you used to identify the solution, and the outcome.

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How do you stay updated with current accounting regulations and standards?

Mention the resources you rely on, such as professional accounting bodies, online courses, webinars, or industry publications. Emphasizing a commitment to continuous learning demonstrates professionalism.

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What experience do you have with Microsoft Office applications in an audit setting?

Discuss specific Microsoft Office tools you frequently use, such as Excel for data analysis or Word for report writing, and give examples of how they improved your audit process.

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How do you handle constructive criticism and feedback from senior staff?

Illustrate your ability to accept and act on feedback professionally. Provide an example where you received constructive criticism and made adjustments to improve your performance.

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Why are you interested in working as an Audit Associate at Gursey | Schneider LLP?

Customize your response to reflect your knowledge about the firm and how its values align with your career goals. Highlight any unique aspects of the firm that attract you.

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Can you explain your process for documenting audit findings?

Discuss the steps you take from performing the audit tests to recording your findings. Be clear about the importance of thorough documentation for compliance and communication with the team.

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What techniques do you use for effective communication with clients during audits?

Detail your approach to client communication, emphasizing active listening skills and the ability to break down complex information into understandable terms.

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How do you ensure accuracy in your audit work papers?

Highlight the steps you take to check your work, such as conducting peer reviews or cross-referencing data, and your commitment to producing high-quality audit documentation.

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Gursey | Schneider LLP is a premier Los Angeles accounting firm with more than 140 talented partners and staff, headquartered in Century City, the center of the financial and entertainment community. The firm also has offices in the South Bay, Ora...

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Full-time, hybrid
DATE POSTED
December 30, 2024

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