Sr Manager - Audit NFP

Role Summary: The not-for-profit audit team is a part of the Grant Thornton INDUS. As a professional in this team, you will work with GT US teams to audit various not-for-profit organizations (for example, higher education institutions, social services and religious organizations among others).

Responsibilities:

Define and execute the NFP practice strategy (service portfolio, go-to-market, capacity model, SLAs, quality KPIs) in partnership with US NFP leadership and INDUS Audit Leadership

Build and maintain an end-to-end delivery model for NFP audits from planning through reporting, aligned to GT methodology and tooling.

Develop annual practice plans covering revenue, margin, utilization, training, and quality objectives; track and course-correct via dashboards and reviews.

Lead or supervise the engagement team staff on the planning and execution of a not-for-profit organization audit, including performing audits in accordance with GAGAS

Experience performing audits of various types of not-for-profit organizations such as higher education institutions, religious, social service and cultural organizations, among others

Ensure audit documentation, direction/supervision/review, and risk responses comply with GT audit playbook and relevant professional standards.

Familiarity with US GAAP related to contribution revenue and pledges receivable, alternative investment portfolios, and endowment net assets

Experience in performing an audit in accordance with OMB Uniform Guidance (Single Audit), specifically determining major programs, performing risk assessment on major programs, testing allowable costs and other direct and material compliance requirements (for example, cash management and reporting)

Experience auditing the Department of Education Student Financial Aid Cluster major program in accordance with the annual OMB Compliance Supplement

Working knowledge of relevant accounting standards per US GAAP e.g., ASC 958

Oversee the day-to-day operations of the audit engagement from staffing, planning, risk assessment, fieldwork, financial reporting and the conclusion.

Proactive while communicating operational challenges to US teams regarding availability of team members, utilization of hours, actively seeking and providing feedback.

Provide supervision and support to the engagement staff, seniors and supervisors and promote open communication to the engagement partner.

Collaborate with engagement team seniors or supervisors and partners on client issue resolution and make recommendations for any legal, regulatory and accounting issues that arise during an audit engagement.

Manage multiple engagements with various teams to meet client deadlines.

Hire, develop, and retain high-performing NFP audit talent; drive succession planning for managers and senior associates.

Skills

Proficiency in US GAAP, GAAS, and PCAOB rules and standards.

Strong skills in Microsoft Office tools.

Excellent written and oral communications

Strong interpersonal skills

Strong people and project management skills

Team management: Manage a team of at least 50 members

Problem Solving Skills: Resolve problems of team and Manage escalation emails and calls and resolve the matter.

Agile: Ability to adapt and accept challenging situations and tasks and perform with the utmost professionalism.

Professional Experience / Qualifications

CA/CPA qualified

Minimum 12-15 years of progressive audit experience in a medium to large public accounting firm or equivalent

Big 4 experience a plus