Audit Senior - Non-for-Profit

About this role

About Grassi

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. Several publications have ranked us among the top accounting firms to work for, highlighting our strength in work-life balance, culture, and wellness categories.

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. In 2023, Grassi became an employee-owned company by implementing an ESOP, establishing our independence and empowering our people to drive the firm’s future success. The ESOP ensures that equity partners and all Grassi U.S. employees have the exclusive opportunity to own the firm’s stock, making them integral to the company’s future.

Job Summary

We are currently seeking a Non-for-Profit Audit Senior Associate to join our team in any of the following office locations: Chelmsford, MA; Needham, MA. 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 not-for-profit organizations from planning through completion, including scoping, risk assessment, execution of audit procedures, and delivery of final reports

• Acting as the primary client contact during engagements, building strong client relationships, and addressing accounting and audit-related inquiries with a focus on the unique operational and regulatory environment of not-for-profits

• Supervising, training, and mentoring staff and interns, reviewing work for accuracy and quality, and providing timely, constructive feedback to support team development

• Reviewing audit workpapers and financial statements to ensure compliance with U.S. GAAP, especially as it applies to not-for-profit entities and applicable regulatory and grantor requirements

• Evaluating internal controls and compliance with federal, state, and donor-specific requirements, particularly in relation to restricted funds, grants, and government funding (e.g., Uniform Guidance / Single Audit requirements)

• Preparing and reviewing audit documentation, including working papers, financial statement disclosures, and auditor reports tailored to the needs and standards of not-for-profit clients

• Performing and reviewing testing procedures for common NFP areas such as contributions and grants, program service expenses, functional expense allocation, and endowments

• Researching and resolving technical accounting and compliance issues using authoritative literature and firm resources, with attention to evolving nonprofit reporting and disclosure standards

• Collaborating with managers and partners to develop effective, risk-based audit strategies that address the structure and funding models of not-for-profit entities

• Supporting performance evaluations and contributing to staff development initiatives within the audit team

• Managing engagement timelines and budgets, ensuring high-quality service delivery within established deadlines and resource constraints

• Working across multiple engagements concurrently, demonstrating strong time management and organizational skills

• Ensuring compliance with all professional standards, firm methodologies, and sector-specific reporting requirements, including Yellow Book and Uniform Guidance when applicable

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

• Non-For-Profit 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…