Grassi & Co

Audit Senior - Construction

Grassi & Co$80K — $110K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's in Accounting; Master's preferred
  • 3-5 years audit experience, specifically in public accounting
  • Construction audit expertise required
  • CPA license preferred or actively pursuing
  • Ability to supervise and lead teams effectively
  • Proficiency in Microsoft Office and accounting software

Responsibilities

  • Lead audit engagements from planning to delivery for construction clients
  • Serve as primary client contact, addressing specialized industry audit issues
  • Supervise and mentor audit staff, ensuring compliance and accuracy
  • Review and ensure compliance of audit workpapers with U.S. GAAP
  • Evaluate controls related to budgeting, change orders, and subcontractor management
  • Prepare complex audit documentation and financial disclosures
  • Perform substantive audit procedures on key construction accounts
  • Collaborate on tailored audit strategies based on client specifics
  • Assist in staff development and performance evaluations
  • Manage multiple engagements simultaneously while meeting deadlines
  • Provide insights for improving client financial controls and reporting

Benefits

  • Performance-based incentives
  • Wellness programs
  • Retirement programs
  • Opportunities for professional development
  • Dynamic work environment with potential for travel
Full Job Description
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.

Our Senior Auditors work closely with staff on all phases of project and engagement management for multiple clients. They are primarily responsible for planning and executing day-to-day audit activities for all client engagements which include meeting time constraints and client deadlines and thorough knowledge of first level of review of basic audit work reports produced by junior audit staff.

Responsibilities include, but are not limited to:
  • Leading audit engagements for construction and real estate development clients from planning through final deliverables, including risk assessment, fieldwork supervision, and wrap-up procedures
  • Acting 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
  • Supervising, training, and mentoring staff and interns, reviewing their audit work for accuracy and compliance, and providing timely, constructive feedback to support professional growth and technical development
  • Reviewing 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
  • Evaluating internal controls and operational processes related to project budgeting, change orders, subcontractor management, retainage, and construction-in-progress (CIP) tracking
  • Preparing and reviewing complex sections of audit documentation, including workpapers, job schedules, WIP (Work-in-Progress) reports, and financial statement disclosures
  • Performing and reviewing substantive audit procedures over key construction-related accounts, such as contract revenue, costs, WIP, billings, retainage, and long-term liabilities
  • Researching and resolving complex accounting and audit issues, including those related to joint ventures, bonding requirements, and long-term contract accounting
  • Collaborating 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
  • Assisting with performance evaluations and contributing to staff development and training initiatives within the audit team
  • Managing multiple engagements simultaneously while ensuring timely completion, adherence to budgets, and delivery of high-quality audit results
  • Ensuring compliance with professional standards, firm methodology, and industry-specific regulations or bonding agency requirements
  • Providing 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; Masters Degree in Accounting preferred
  • Minimum of 3-5 years progressive audit experience; previous experience in public accounting required
  • Construction audit experience required
  • CPA license preferred or actively pursuing CPA certification
  • Proven ability to supervise and lead staff while working collaboratively in a team environment
  • The 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


Compensation for this role is determined based on a combination of factors, including but not limited to your relevant experience, skills, certifications, and geographic location. We strive to offer competitive, equitable pay, that reflects the value each team member brings to the organization. In addition to base salary, we offer a comprehensive benefits package that includes performance-based incentives, wellness and retirement programs, and opportunities for continuous professional development.

Salary ranges are provided to offer transparency and may vary depending on final candidate qualifications and local market conditions. Please find compensation information below for candidates residing in the following market(s):

New York ranges are from $80,000 - $110,000

New Jersey ranges are from $80,000 - $110,000

Recruitment Fraud Notice: Grassi Advisory Group, Inc. and its affiliated entities ("Grassi") will never ask candidates to pay fees, purchase equipment, or provide payment information. Legitimate recruiting communications from Grassi are sent only from an @grassiadvisors.com email address and will not be conducted via text message, WhatsApp, or other messaging apps. If you are unsure about a communication, do not respond, please verify it by calling Grassi's main phone number listed on our official website.

About Grassi & Co

Grassi & Co is an accounting and consulting firm that provides services to clients in various industries, including healthcare, real estate, financial services, and not-for-profit. The company was founded in 1980 and is headquartered in New York, New York. Grassi & Co offers a range of services, including audit and assurance, tax planning and compliance, risk management, and technology consulting. The company has additional offices in Jericho, New York, and Park Ridge, New Jersey.
Learn more about Grassi & Co
Size
300 employees
Industry
Net Income
$10 million
Founded
1980
5 Year Trend
+10%
Revenue
$50 million

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