Audit Senior - Financial Services

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.

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.

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.

• Lead financial services audit engagements from planning to issuance, including preparing financial statements in accordance with applicable GAAP and industry‑specific frameworks.
• Supervise, train, and mentor associates and interns, reviewing their work for quality and accuracy, and providing timely feedback and development support.
• Review audit work papers, financial statements, and reports to ensure compliance with professional and firm standards.
• Evaluate internal controls and identify areas of risk, inefficiency, or opportunities for improvement.
• Prepare complex sections of audit documentation, including working papers, financial statement disclosures, and draft reports.
• Research and resolve complex accounting, auditing, and reporting issues using authoritative guidance and firm resources.
• Collaborate with partners and managers to develop audit strategies and improve engagement efficiency and client service.
• Examine financial and accounting records, agreements, fund documents, and other supporting materials to verify accuracy and completeness.
• Test internal controls specific to financial services operations, including trade processing, pricing, and calculations.
• Investigate discrepancies between trade entry and accounting systems, ensuring correct trade capture and reconciliation.
• Perform both qualitative and quantitative evaluations of hedge fund investments, strategies, and valuation methodologies.
• Generate monthly trial balances, balance sheets, and income statements for a variety of investment funds.
• Determine the extent of test‑checking and substantive procedures based on risk assessments and client‑specific factors.
• Prepare audit working papers and index documentation in accordance with firm and regulatory standards.
• Draft client‑ready reports, footnote disclosures, and financial statement qualifications for partner and client review.
• Manage multiple engagements simultaneously while ensuring timely completion within budgeted hours.
• Communicate with client personnel to clarify issues, provide updates, and present audit findings professionally.
• Utilize audit software such as Pro System fx Engagement or equivalent to manage workflow in a paperless environment.

• Bachelor’s degree in Accounting required.
• Minimum 3‑5 years progressive audit experience; previous public‑accounting experience 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.
• 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 Quick Books, Case Ware, Pro System fx Engagement, CCH, etc.
• Ability to manage multiple priorities in a deadline‑driven environment.
• Maintains a high level of professionalism and consistently…