Audit AssociateJob Description

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Job Title: Audit Associate

Location: New York, NY / Hybrid

Type: Full-time

About the Role:

We're seeking a detail-oriented Audit Associate to join our growing audit team. You'll examine financial statements, assess internal controls, and support audit engagements across diverse clients.

Key Responsibilities:

  • Review financial statements and accounting records for accuracy
  • Test internal controls and document audit findings
  • Prepare workpapers and audit documentation per standards
  • Conduct risk assessments and identify control weaknesses
  • Interview client personnel to gather audit evidence
  • Assist in planning and executing audit procedures
  • Prepare draft audit reports and management letters
  • Support senior auditors with fieldwork and analysis

Perks:

  • Competitive salary with annual performance bonuses
  • CPA exam support and study materials
  • Flexible hybrid work schedule
  • Professional development and training programs

Audit Associate Responsibilities

Hiring a audit associate? Here's what you can expect them to handle:

  • Examine financial records and verify transaction accuracy
  • Test internal controls and document compliance procedures
  • Prepare audit workpapers following professional standards
  • Conduct fieldwork at client sites and gather evidence
  • Identify financial risks and control deficiencies
  • Assist in drafting audit reports and findings
  • Communicate with clients to obtain necessary documentation
  • Support audit planning and risk assessment activities
Audit Associate Job Description

Qualifications to Be a Audit Associate

Here's what a solid candidate typically brings to the table:

CheckmarkBachelor's degree in Accounting, Finance, or related field
Checkmark0-2 years audit or accounting experience preferred
CheckmarkStrong understanding of GAAP and auditing standards
CheckmarkProficiency in Microsoft Excel and accounting software
CheckmarkCPA eligibility or pursuing CPA certification

Audit Associate Prerequisites

Before you even think of hiring, make sure your candidates have:

CheckmarkExcellent analytical and problem-solving abilities
CheckmarkStrong attention to detail and accuracy
CheckmarkAbility to manage multiple engagements simultaneously
CheckmarkEffective written and verbal communication skills
CheckmarkWillingness to travel to client sites as needed

Audit Associate Hard Skills

The “must-haves” on every recruiter's checklist:

CheckAccounting Standards: GAAP, IFRS, auditing standards
CheckAudit Software: CaseWare, TeamMate, AuditBoard
CheckSpreadsheet Tools: Microsoft Excel, advanced formulas, pivot tables
CheckERP Systems: SAP, Oracle, NetSuite
CheckData Analysis: ACL, IDEA, Tableau
CheckFinancial Reporting: 10-K, 10-Q preparation
CheckTax Software: CCH, Thomson Reuters
CheckDocumentation: Workpaper preparation, audit trails

Audit Associate Soft Skills

Tech skills get them in the door—soft skills help them stick around.

CheckStrong analytical and critical thinking abilities
CheckExcellent attention to detail and accuracy
CheckEffective written and verbal communication
CheckProfessional skepticism and ethical judgment
CheckTime management and organizational skills
CheckCollaborative teamwork and interpersonal abilities
CheckAdaptability to changing priorities and deadlines
CheckClient relationship management and rapport building

Frequently Asked QuestionsAbout Audit Associate Hiring

Audit Associates focus on examining and verifying financial records across multiple clients, while Staff Accountants typically handle day-to-day accounting tasks for a single organization. Audit Associates require stronger analytical skills and client-facing abilities, whereas Staff Accountants need deeper operational accounting knowledge.

Yes, candidates from regional firms, corporate internal audit, or strong accounting backgrounds can excel. Focus on their understanding of audit methodology, attention to detail, and ability to work independently. Industry-specific experience may compensate for lack of Big 4 training.

Balance both, but lean toward technical competence for junior roles. Strong GAAP knowledge and Excel skills are teachable but foundational. However, communication and professional skepticism become increasingly critical as associates interact with clients and identify complex issues.

Present a sample financial statement with embedded errors or control weaknesses and ask them to identify issues. Use case studies requiring risk assessment or ask them to explain their audit approach for a specific scenario. This reveals analytical thinking and practical application.

Watch for lack of attention to detail in their resume or work samples, inability to explain basic audit concepts, or poor communication skills. Candidates who can't demonstrate professional skepticism or show inflexibility with deadlines may struggle in fast-paced audit environments.

Tools and Programs Audit Associate Use

Here's what their digital toolbox might look like:

Audit Platforms

CaseWareTeamMate

Spreadsheets

ExcelGoogle Sheets

ERP Systems

SAPOracle

Data Analytics

ACLIDEA

Documentation

Microsoft WordAdobe Acrobat

Communication

Microsoft TeamsZoom

Project Management

Monday.comAsana

Research Tools

BloombergFactSet

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