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Audit Associate

Background

Our client, a global leader in accounting and financial services, is looking for an audit associate to join their New York team.

As an audit associate you will be responsible for conducting financial audits of client companies and provide accurate, objective, and independent assessments to help ensure their compliance.

Responsibilities

  • Conduct financial audits of client companies and provide independent and objective assessments of their financial statements and internal controls
  • Evaluate and test the design and operational effectiveness of internal controls
  • Perform substantive testing of financial data to ensure accuracy and compliance with accounting standards
  • Prepare audit workpapers and maintain accurate documentation of audit procedures and findings
  • Identify and communicate audit issues and recommendations to clients
  • Assist in the development of audit plans and programs
  • Stay up-to-date with relevant audit standards and regulations
  • Bachelor's degree in Accounting or related field
  • CPA certification or actively pursuing CPA
  • Previous experience in auditing or accounting
  • Strong knowledge of auditing standards and practices
  • Excellent analytical, problem-solving, and critical thinking skills
  • Ability to work independently and as part of a team
  • Attention to detail and high level of accuracy
  • Proficient in using audit software and Microsoft Office suite
  • Excellent communication and interpersonal skills
  • Ability to manage multiple tasks and meet deadlines
  • Competitive salary package. ($70k - $120k)
  • Annual bonus of 25%.

Equal Employment Opportunity and Non-Discrimination Policy

Equal Employment Opportunity Statement: Both Keller Executive Search and our clients are Equal Opportunity Employers. For all positions, whether with Keller Executive Search or our clients, qualified applicants will receive consideration for employment without regard to race, skin color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, protected veteran status, disability, genetic information, or any other legally protected status. 

Commitment to Diversity: Keller Executive Search and its clients are committed to fostering a diverse and inclusive work environment where all individuals are valued and respected. 

Reasonable Accommodations: Both Keller Executive Search and our clients are committed to providing reasonable accommodations to individuals with disabilities and pregnant individuals. We engage in an interactive process to determine effective, reasonable accommodations. If you need assistance or an accommodation, please contact us at assistance@kellerexecutivesearch.com

Compensation Information: For client positions, compensation information is available in the job post. If not provided, it will be shared during the interview process in accordance with applicable laws. When required by law, salary ranges will be included in job postings. Actual salary may depend on skills, experience, and comparison to current employees in similar roles. Salary ranges may vary based on role and location. 

Compliance with Laws: Both Keller Executive Search and our clients comply with federal, state, and local laws governing nondiscrimination in employment. This policy applies to all employment terms and conditions, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. 

Workplace Harassment: Both Keller Executive Search and our clients expressly prohibit any form of workplace harassment based on race, skin color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. 

E-Verify Participation: Keller Executive Search and/or our clients may participate in E-Verify. Information about E-Verify participation will be provided during the application process where applicable. 

Privacy and Pay Equity: 

  • California Residents: For more information about the categories of personal information we collect for recruiting and employment purposes, please review our Privacy Policy at www.kellerexecutivesearch.com
  • Colorado, Nevada, New York City, California, and Washington Residents: Compensation information is available in the job post or will be provided during the interview process if not initially available. 
  • Both Keller Executive Search and our clients are committed to pay equity and conduct periodic pay equity analyses in accordance with applicable laws. 

State-Specific Information: 

  • Rhode Island: We do not request or require salary history from applicants. 
  • Connecticut: We provide wage range information upon request or before discussing compensation. 
  • New Jersey: We do not inquire about salary history unless voluntarily disclosed. 

Veteran Status: Both Keller Executive Search and our clients provide equal employment opportunities to veterans and comply with applicable state laws regarding veteran preference in employment. If you are a veteran, please inform us during the application process. 

Genetic Information: In accordance with federal and state laws, both Keller Executive Search and our clients do not discriminate based on genetic information. We do not request or require genetic information from applicants or employees, except as permitted by law. 

Local Laws: Both Keller Executive Search and our clients comply with all applicable local laws and ordinances regarding employment practices in the areas where we operate. 

Additional Assistance: If you need further assistance to fully engage in our application process, please contact assistance@kellerexecutivesearch.com

Note: This job posting may be for a position with Keller Executive Search or one of our clients. The specific employer will be identified during the application and interview process. Employment laws and requirements may vary depending on the employer and location. 

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Average salary estimate

$95000 / YEARLY (est.)
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$70000K
$120000K

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What You Should Know About Audit Associate, Keller Executive Search

Are you ready to kickstart your career in accounting? Keller Executive Search is looking for a dynamic Audit Associate to join our client's team in New York. This is a fantastic opportunity to dive into the world of financial audits, where you’ll be responsible for evaluating the accuracy and compliance of various client companies. As an Audit Associate, you'll spend your days reviewing financial statements, testing internal controls, and ensuring that everything aligns with established accounting standards. You'll be part of a collaborative team that values your insights and encourages your professional growth. You'll not only prepare meticulous audit work papers but also identify potential issues and recommend practical solutions to our clients. Imagine being at the center of the financial decision-making process, while also keeping your skills sharp by staying updated with the ever-evolving audit standards and regulations. To thrive in this role, a Bachelor’s degree in Accounting or a related field is essential, along with a CPA certification or the willingness to pursue one. If you have prior experience in auditing, a knack for analytical thinking, and excellent interpersonal skills, we’d love to hear from you. Plus, enjoy a competitive salary package between $70k and $120k, along with a generous annual bonus of 25%. Join us at Keller Executive Search and be part of a team that champions diversity, equality, and inclusivity in the workplace. We can’t wait for you to bring your passion for auditing to our client’s operations!

Frequently Asked Questions (FAQs) for Audit Associate Role at Keller Executive Search
What are the key responsibilities of an Audit Associate at Keller Executive Search?

As an Audit Associate at Keller Executive Search, your main responsibilities will include conducting comprehensive financial audits for client companies, evaluating the effectiveness of their internal controls, and performing substantive testing to ensure compliance with accounting standards. You'll also be responsible for preparing thorough audit work papers and documenting audit procedures and findings meticulously.

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What qualifications are required to become an Audit Associate with Keller Executive Search?

To succeed as an Audit Associate with Keller Executive Search, you need a Bachelor's degree in Accounting or a related field, and ideally, be working towards or have obtained your CPA certification. Additionally, prior experience in auditing or accounting roles, strong knowledge of auditing standards, and excellent analytical skills will give you a competitive edge in this position.

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How does Keller Executive Search support the career development of an Audit Associate?

Keller Executive Search is committed to fostering professional growth for its Audit Associates by providing training opportunities, mentorship from experienced professionals, and a collaborative work environment where your contributions are valued. Staying up-to-date with audit regulations and best practices is encouraged to enhance your skill set and career trajectory.

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What does the salary package look like for an Audit Associate at Keller Executive Search?

The salary package for an Audit Associate at Keller Executive Search ranges from $70,000 to $120,000, depending on experience and qualifications. Additionally, associates can expect an annual bonus of 25%, which reflects our commitment to recognizing and rewarding hard work.

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What qualities make a successful Audit Associate at Keller Executive Search?

Successful Audit Associates at Keller Executive Search are detail-oriented, possessing strong analytical and critical thinking skills. Effective communication, both written and verbal, and the ability to manage multiple tasks under tight deadlines are crucial. A proactive approach to identifying issues and suggesting improvements also sets great associates apart.

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Common Interview Questions for Audit Associate
Can you explain the audit process?

Certainly! The audit process generally involves planning, identifying risks, testing controls, collecting evidence, and reporting findings. It’s crucial to demonstrate your understanding of each phase, emphasizing how you ensure compliance and accuracy in financial reporting.

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What experience do you have in handling audit software?

In your answer, highlight specific software you’ve used. Discuss how you utilized auditing tools to streamline the audit process, enhance data accuracy, or improve communication with clients. Employers appreciate candidates comfortable with technology.

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How do you prioritize tasks during busy audit seasons?

Demonstrate your organizational skills by discussing strategies such as using task lists, setting deadlines, and communicating with team members to ensure that everyone is on track. It's essential to show that you can manage time effectively to meet deadlines.

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Describe a challenging audit you worked on. What did you learn?

Use the STAR method (Situation, Task, Action, Result). Share a specific audit experience outlining the challenges faced, how you overcame them, and what insights you gained to demonstrate your problem-solving abilities.

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What approach do you take to stay current with audit standards?

Talk about professional development activities, such as attending workshops, reading relevant industry publications, or participating in webinars. Employers want to know that you're proactive about staying knowledgeable in a constantly evolving field.

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How would you handle a disagreement with a client?

Frame your response around the importance of communication and understanding perspectives. Illustrate that you would strive to maintain a professional relationship while emphasizing the need for transparency and accuracy.

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Can you provide an example of how you've improved a process in auditing?

Share a specific instance where you identified inefficiencies and suggested improvements. Discuss the positive outcomes of those changes to showcase your ability to drive enhancements in audit processes.

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What do you consider the most important quality for an Audit Associate?

This is a chance to reinforce your qualifications. You might mention attention to detail, integrity, or the ability to work under pressure, providing examples of how these traits have contributed to your success in previous roles.

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Why do you want to work with Keller Executive Search as an Audit Associate?

Express your admiration for the company's commitment to diversity and professional development. Relate your personal career goals with the values and culture of Keller Executive Search, showcasing your enthusiasm for the role.

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How do you ensure your work is compliant with current auditing standards?

Discuss your methods for staying informed about current regulations, such as regular training, following professional organizations, and collaborating with colleagues. This illustrates your commitment to maintaining high standards in your work.

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EMPLOYMENT TYPE
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DATE POSTED
December 17, 2024

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