Audit Senior - Financial Services

About the role

We are currently seeking a Financial Services Audit Senior Associate to join our team in our New York, NY office location. This role offers an exciting opportunity to be part of a dynamic and growing firm.

Responsibilities

• Leading financial services audit engagements from planning to issuance, including preparing financial statements in accordance with applicable GAAP and industry-specific frameworks
• Supervising, training, and mentoring associates and interns, reviewing their work for quality and accuracy, and providing timely feedback and development support
• Reviewing audit workpapers, financial statements, and reports to ensure compliance with professional and firm standards
• Evaluating internal controls and identifying areas of risk, inefficiency, or opportunities for improvement
• Preparing complex sections of audit documentation, including working papers, financial statement disclosures, and draft reports
• Researching and resolving complex accounting, auditing, and reporting issues using authoritative guidance and firm resources
• Collaborating with partners and managers to develop audit strategies and improve engagement efficiency and client service
• Examining financial and accounting records, agreements, fund documents, and other supporting materials to verify accuracy and completeness
• Testing internal controls specific to financial services operations, including trade processing, pricing, and calculations
• Investigating discrepancies between trade entry and accounting systems, ensuring correct trade capture and reconciliation
• Performing both qualitative and quantitative evaluations of hedge fund investments, strategies, and valuation methodologies
• Generating monthly trial balances, balance sheets, and income statements for a variety of investment funds
• Determining the extent of test-checking and substantive procedures based on risk assessments and client-specific factors
• Preparing audit working papers and indexing documentation in accordance with firm and regulatory standards
• Drafting client-ready reports, footnote disclosures, and financial statement qualifications for partner and client review
• Managing multiple engagements simultaneously while ensuring timely completion within budgeted hours
• Communicating with client personnel to clarify issues, provide updates, and present audit findings professionally
• Utilizing audit software such as ProSystem fx Engagement or equivalent to manage workflow in a paperless environment

Qualifications

• Bachelor’s degree in Accounting required
• Minimum of 3-5 years progressive audit experience; previous experience in public accounting required
• Audit experience in private entities in the broker dealers, hedge fund, fund-of-funds and private equity industries required
• Strong audit skills with proficiency in US GAAP, US GAAS and PCAOB standards
• CPA license preferred or actively pursuing CPA certification
• Proven ability to supervise and lead staff while working collaboratively in a team environment
• The willingness and ability to work additional hours, as needed, and travel to various client sites
• Excellent interpersonal, organizational, initiative, and leadership skills
• Strong written and verbal communication skills
• Proficiency with Microsoft Office Suite and Accounting software such as QuickBooks, CaseWare, ProSystem fx Engagement, CCH, etc.
• Able to manage multiple priorities in a deadline-driven environment
• Maintains a high level of professionalism and consistently demonstrates respect for others
• Able to travel as needed
• Work authorization required; we do not sponsor or transfer work visas