Audit Manager (Single Audit)

Plante Moran

Posted: 1 month ago
Openings: 10
Applicants: 0

Job Description

This role is responsible for leading and supervising Single Audit engagements and assuming full responsibility for all phases of the audit, including planning, risk assessment, internal control evaluation over compliance, testing of major federal programs, and reporting. This role includes oversight of compliance with Uniform Guidance (2 CFR Part 200) and applicable federal agency requirements, as well as the preparation and review of the Schedule of Expenditures of Federal Awards (SEFA).

By performing detailed compliance testing, internal control assessments, and analytical procedures, the Audit Manager evaluates whether federal awards are administered in accordance with laws, regulations, and grant agreements. Audit Managers identify, communicate, and assist in resolving audit findings and compliance issues, coordinate with federal and state oversight agencies as needed, and ensure timely and accurate issuance of Single Audit reports.

Your work will include, but not be limited to:

Technical

Determine appropriate Single Audit objectives, scope, and methodology, including identification of major federal programs, risk assessment, and compliance requirements in accordance with Uniform Guidance (2 CFR Part 200) and applicable federal agency regulations.
Lead and plan Single Audit engagements, including coordination of financial statement and compliance audit components.
Oversee the preparation, review, and analysis of Schedules of Expenditures of Federal Awards (SEFA) and related disclosures.
Review audit workpapers, compliance testing, internal control documentation, findings, and reports to ensure adherence to professional standards and firm quality requirements.
Supervise and manage engagement staff, including assigning work, monitoring progress, and resolving technical and engagement issues.
Provide thorough, timely, and constructive reviews of staff work products, identifying coaching and development opportunities.
Assist in the preparation and review of Single Audit reports, including reporting on findings, questioned costs, and corrective action plans.
Stay current on developments affecting Uniform Guidance, federal compliance requirements, AICPA Audit Guide (Government Auditing Standards and Single Audits), and firm policies.

Staff

Delegates and manages the work of consultants in practice; monitors/maintains morale of engagement
Conduct performance reviews and contribute to feedback for staff; follow up with staff relative to career development objectives/plan
Identifies needs for practice resources and recruits the right staff giving consideration to technical competencies and culture
Ensures appropriate distribution of projects to facilitate staff development while achieving project objectives and economic goals
Ensures integration of individual career development plans with the practice plan
Coaches others to be effective in developing staff
Mentors staff in the development of their relationships with clients
Identifies, attracts and develops staff to provide necessary skills and competencies to serve clients
Providing appropriate and timely performance feedback to those supervised
Effectively conducts staff career planning sessions
Provides balanced feedback to staff
Contribute to people initiatives, including recruiting, retaining and training other consultants/ professionals

Practice

Syndicates ideas and services to other practice developers
Facilitates the development of practice development skills of others
Potential to participate in proposal opportunities for new and existing clients
Initiating cross selling opportunities with the engagement team; demonstrates knowledge of firm services relevant to this client
Develop a broader understanding of clients operations, funding sources, and regulatory environment to proactively identify ways the firm can add value.
Interacts with other practice areas including but not limited to audit, tax, and other management consulting service groups

Practice Management

Analyzes budgets/time summaries for planning and billing purposes; potentially leads billing activities; responsible for realization goals
Ability to work within budgetary and time constraints while providing a high-level of client satisfaction
Responsible for practice economics including production and realization
Satisfies internal reporting requirements
Manages multiple projects; deals fluidly and effectively with multiple internal firm and external client relationships
Leads and conducts practice activities in a manner that is consistent with and promotes Firm values and quality standards.
Exhibits attitudes and behaviors that recognize responsibility for the PM team as a whole
Coordinates appropriate resources, both across and outside the firm to deliver valued services and business results to new and existing clients
Anticipating and addressing client concerns and escalating problems as they arise
Ensures that appropriate technical reviews occur on projects in a timely and effective manner
Helps staff connect activities to broader firm objectives
Creates and nurtures a climate that is consistent with and reinforces the Firm s values
Balances specific expertise/specialization with broader advisory capabilities
Consistently challenge own level of expertise and seek opportunities to improve

The qualifications & experience

Bachelor s degree in accounting or related field is required
CA and/or US CPA is required
6+ years of recent experience in public accounting, with specialization in Single Audits (Uniform Guidance), government and nonprofit audits and federally funded grant compliance audits.
Proficiency in Microsoft Office (Word and Excel), audit software, and data analytics tools
Excellent interpersonal skills, as well as written and verbal communication skills
Thorough knowledge of US GAAP applicable to government and nonprofits and Government Auditing Standards (Yellow Book) and working knowledge of auditing and reporting standards, including Uniform Guidance.
Proven ability to lead and manage multiple audit engagements simultaneously, including planning, supervising staff, reviewing workpapers, and meeting regulatory and reporting deadlines
Knowledge of automated accounting systems
Understand and apply audit theories and procedures
Ability to identify and resolve audit issues
Assist in the efforts to manage day to day activities of the engagement
Enjoy complex and challenging project work and willing to work on a variety of strategic, financial, and operational projects