Audit Manager, Not-for-Profit

KSM Business Services, Inc.

$75K — $95K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or business; CPA license in good standing required
  • 5+ years of public accounting experience, primarily in not-for-profit audit engagements
  • Hands-on experience with single audits under Uniform Guidance (2 CFR Part 200)
  • Strong working knowledge of FASB ASC 958 and not-for-profit financial reporting
  • Proven leadership skills in managing and developing audit teams
  • Excellent communication and project management skills
  • Commitment to ongoing professional development with 40 hours of annual CPE

Responsibilities

  • Manage multiple audit engagements for not-for-profit clients, ensuring timely and high-quality outcomes
  • Act as primary client contact for planning, technical questions, and engagement updates
  • Plan and execute single audits in compliance with Uniform Guidance, overseeing compliance testing and reporting
  • Review workpapers and financial statements for accuracy and compliance with GAAP and applicable auditing standards
  • Assist in preparing complex financial statements, including multi-entity consolidation and grant activity
  • Stay updated on not-for-profit accounting developments and compliance requirements
  • Supervise audit teams, providing guidance and enhancing professional quality of work
  • Coach and develop junior staff, identifying growth areas and facilitating feedback
  • Manage performance evaluations for direct reports and coordinate intern resources
  • Monitor engagement budgets and timelines, proactively resolving issues
  • Collaborate with KSM's NFP Tax and Advisory teams to ensure integrated client services
  • Build referral relationships within the not-for-profit community to expand service delivery opportunities

Benefits

  • Flexible work location options including in-office or hybrid within the greater Indianapolis area
  • Opportunities for professional development and growth through coaching and mentorship
  • Collaborative work environment focused on quality and client service
  • Engagement in the not-for-profit sector, contributing to meaningful community impact
  • Support from integrated KSM teams, enhancing service delivery for clients
Full Job Description
Position Summary:

KSM is looking for an experienced Audit Manager to join our not-for-profit audit practice. In this role, you'll lead a variety of engagements ranging in complexity - including single audits under Uniform Guidance - from planning through delivery, serve as a trusted client contact, and play a meaningful role in developing the next generation of KSM talent. If you thrive in a collaborative, quality-driven environment and have deep experience in the not-for-profit sector, we'd love to connect.

Work Location: This role is eligible for in-office or hybrid within the greater Indianapolis area. The individual will be expected to be onsite during the majority of engagement, primarily in the Indianapolis area, with some potential regional travel.

Responsibilities:

Client Service & Technical Execution
  • Manage multiple audit engagements concurrently across not-for-profit clients, ensuring high-quality, timely results
  • Serve as the primary client contact for technical questions, planning, and engagement updates
  • Plan and execute single audits in compliance with 2 CFR Part 200 (Uniform Guidance), including risk assessment, major program determination, and compliance testing, including assistance in reporting of findings, as applicable
  • Review workpapers and financial statements for accuracy, completeness, and compliance with GAAP, FASB ASC 958 (NFP Reporting Standards), and applicable auditing standards
  • Assist in the preparation of complex not-for-profit financial statements, including those with multi-entity consolidation, significant endowment, grant, or federal award activity
  • Stay current on developments in not-for-profit accounting and state and federal compliance requirements, including AICPA guidance, Indiana SBOA requirements, and OMB updates


Team Leadership & Development
  • Supervise and delegate to audit teams with clarity; review work for technical and professional quality
  • Coach and develop Associates and Senior Associates through formal and informal opportunities, identifying growth areas and providing actionable feedback
  • Own performance management for direct reports, including 1-on-1s, goal setting, and evaluation processes
  • Serve as an intern coordinator, as needed


Workflow & Collaboration
  • Monitor engagement budgets, timelines, and capacity; proactively address issues and keep engagement partners informed
  • Collaborate with KSM's NFP Tax and Advisory teams to support integrated service delivery for not-for-profit clients
  • Partner with the resource management team on engagement scheduling
  • Maintain clear, professional communication with clients and internal stakeholders via Outlook, Teams, and other platforms
  • Travel to client sites as needed


Business Development
  • Identify opportunities for expanded service delivery across the not-for-profit client base
  • Build and nurture referral relationships within the not-for-profit community, primarily through high quality delivery of services to the existing client base


Requirements/Qualifications:
  • Bachelor's degree in accounting or business; CPA license in good standing required
  • 5+ years of public accounting experience, with significant and demonstrated experience leading not-for-profit audit engagements
  • Required: Hands-on experience planning and executing single audits under Uniform Guidance (2 CFR Part 200), including major program determination, compliance testing, and SEFA preparation
  • Strong working knowledge of FASB ASC 958 and not-for-profit financial reporting
  • Proven ability to lead audit teams and develop staff at multiple levels
  • Excellent communication, project management, and client relationship skills
  • Commitment to ongoing professional development, including 40 hours of annual CPE

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