Audit Senior - Construction

About Grassi After more than 40 years of business growth and industry change, Grassi has redefined what it means to be an advisor and accountant to today’s businesses and individuals. Nationally ranked as one of the largest and fastest‑growing accounting firms in the nation, Grassi is a leading provider of advisory, tax, and accounting services across key sectors including construction, architecture and engineering, not‑for‑profit, healthcare, manufacturing and distribution, financial services, real estate, and more. Several publications have ranked us among the top accounting firms to work for, highlighting our strength in work‑life balance, culture, and wellness categories. With over 550 employees and nine offices spanning the New York Metropolitan Area, Long Island, the Northeast, Florida, New England, and an international presence in Italy, we are strategically positioned to serve clients locally and globally. In 2023, Grassi became an employee‑owned company by implementing an ESOP, establishing our independence and empowering our people to drive the firm’s future success. The ESOP ensures that equity partners and all Grassi U.S. employees have the exclusive opportunity to own the firm’s stock, making them integral to the company’s future. Job Summary We are currently seeking a Construction Audit Senior Associate to join our team in any of the following office locations: Jericho, NY; New York, NY; Park Ridge, NJ. This role offers an exciting opportunity to be part of a dynamic and growing firm. Responsibilities Lead audit engagements for construction and real estate development clients from planning through final deliverables, including risk assessment, fieldwork supervision, and wrap‑up procedures. Act as the primary client liaison throughout the audit process, addressing industry‑specific accounting and audit issues such as percentage‑of‑completion revenue recognition, job costing, and contract accounting. Supervise, train, and mentor staff and interns, review their audit work for accuracy and compliance, and provide timely, constructive feedback to support professional growth and technical development. Review audit workpapers, financial statements, and disclosures to ensure compliance with U.S. GAAP, particularly ASC 606 (Revenue from Contracts with Customers), and industry‑specific best practices. Evaluate internal controls and operational processes related to project budgeting, change orders, subcontractor management, retainage, and construction‑in‑progress (CIP) tracking. Prepare and review complex sections of audit documentation, including workpapers, job schedules, WIP (Work‑in‑Progress) reports, and financial statement disclosures. Perform and review substantive audit procedures over key construction‑related accounts, such as contract revenue, costs, WIP, billings, retainage, and long‑term liabilities. Research and resolve complex accounting and audit issues, including those related to joint ventures, bonding requirements, and long‑term contract accounting. Collaborate with managers and partners to tailor audit strategies to the client’s contract structures, project delivery methods (e.g., design‑build, CMAR), and financial reporting needs. Assist with performance evaluations and contribute to staff development and training initiatives within the audit team. Manage multiple engagements simultaneously while ensuring timely completion, adherence to budgets, and delivery of high‑quality audit results. Ensure compliance with professional standards, firm methodology, and industry‑specific regulations or bonding agency requirements. Provide insights and recommendations to clients for improving internal controls, reporting processes, and job costing practices to enhance financial performance and reporting accuracy. Qualifications Bachelor’s degree in Accounting; Master’s Degree in Accounting preferred. Minimum of 3‑5 years of progressive audit experience; previous experience in public accounting required. CPA license preferred or actively pursuing CPA certification. Proven ability to supervise and lead staff while working collaboratively in a team environment. 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. Ability to manage multiple priorities in a deadline‑driven environment. Maintains a high level of professionalism and consistently demonstrates respect for others. Ability to travel as needed. U.S. work authorization required; we do not sponsor or transfer work visas. Benefits Competitive base compensation with eligibility for a raise and bonus each June or December based on performance metrics and level. Medical, dental, and vision insurance; employer contribution to life insurance; 401(k) plan; ESOP; client and employee referral bonus program. Financial assistance toward CPA certification, including cost of study materials, exam registration and sitting fees for all four parts (up to two per part), CPA application and licensing fees, paid study time during work hours, additional paid time off to take your scheduled exam, and a bonus paid upon passing the CPA exam. Continuing professional education opportunities, including technical and soft‑skills training through internal courses and external programs at no cost to employees. Wellness resources such as discounted gym memberships and wellness initiatives and programs (e.g., the CALM app) to support mental and physical health. Equal Employment Opportunity Statement We are an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic. Candidates must meet all stated qualifications and requirements. #J-18808-Ljbffr Grassi