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Head of Audit and Assurance

2 months ago

Chicago, Illinois, United States Parnetic Search Full time
Job Title: Head of Audit

Parnetic Search is seeking a highly skilled and experienced Head of Audit to join our team. As a key participant in engagement management for clients, this role will serve as a technical resource for engagement teams to assist in the application of professional standards and internal policies.

Key Responsibilities:
  • Work directly with Partners to support our Affordable Housing and Real Estate clients
  • Manage and develop staff through collaborative workgroups and mentoring
  • Lead on client engagements, including oversight of walkthroughs, and work paper review, and helps to identify/resolve audit issues
  • Provide counsel and recommendations to improve client operations
  • Analyze client transactions, recognizing potential or existing problems, conducts appropriate research, and works closely with client on resolving issues
  • Serve as the Engagement Lead on specific client accounts, including pre-engagement planning, execution, and final deliverable
  • Develop a detailed engagement work plan, illustrating budgets and schedules
  • Monitor project status against the work plan and communicate schedule adjustments
  • Work closely with partners and team members in addition to client personnel
  • Identify performance improvement opportunities
  • Supervise the assurance staff assigned to the engagement
  • Review client engagement documentation and work papers for accuracy and compliance with firm policies and professional standards, including issues memos, financial statements, and related disclosures
  • Organize and instruct periodic department-wide technical training
  • Develop Team Members:
    • Motivate and be respected by subordinates
    • Demonstrate positive contributions to the firm's recruitment, education, development, and retention efforts
    • Serve as a Mentor, Coach, and/or Career Advocate (if assigned)
    • Provide Team Members with timely and candid feedback – supporting the firm's performance management process
  • All other duties as assigned
Requirements:
  • Bachelor's degree in Accounting or related degree
  • Seven or more years of applicable experience in Affordable Housing or Real Estate industry
  • CPA required
  • Excellent analytical, technical, and auditing skills including knowledge of USGAAP, GAAS, and PCAOB rules and standards
  • Exceptional client service and communication skills with a demonstrated ability to develop and maintain outstanding client relationships
  • Excellent supervisory, analytical, and leadership ability
  • Ability to meet challenging client requirements, provide services, and possess strong communication, interpersonal, analytical, and research abilities
  • Superior knowledge of general accounting and assurance services including skills knowledge plus the application of general theory
  • Proficiency in Microsoft Office programs (Word and Excel required). Proficiency in ProSystems, Engagment fx, or another paperless audit environment such as Creative Solutions or CaseWare preferred
  • Excellent verbal and written communication skills
  • Strict adherence to professional ethics
  • Ability to successfully contribute to the success of a strategic business unit of the firm