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Audit Associate - Chicago, IL - Class of 2024

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CohnReznick LLP

3mo ago

  • Job
    Full-time
    Entry Level
  • Accounting & Tax
  • Chicago

AI generated summary

  • You should have a Bachelor's or Master's in Accounting, plan to complete 150 credit hours by September 2024, minimum GPA of 3.0, leadership roles in extracurriculars, work/internship experience, strong communication skills, ability to work in a team, fast learner, and proficient in Microsoft Office.
  • You will assist in audits, reviews, compilations, and accounting services, preparing work papers, resolving audit issues, understanding client accounting systems, and applying concepts of materiality and audit risk. Your work papers should be informative, well-documented, cross-referenced, and easily understood.

Requirements

  • We are looking for highly dedicated professionals with impressive credentials that are driven by new challenges and growth opportunities. We seek team players who believe in providing world-class client service and are interested in becoming immersed in various industries. Successful team members are looking for a work environment that values and promotes camaraderie, collaboration and giving back to the community.
  • The successful candidate will have:
  • Bachelor’s or Master’s Degree in Accounting
  • Plan to complete 150 credit hours between December 2023 - September 2024 in order to be CPA licensed
  • Minimum GPA of 3.0 in both your major and overall
  • Leadership positions in extracurricular activities are preferred
  • Prior work or internship experience (experience in accounting is a plus)
  • Excellent communication skills and ability to work in a team-based culture
  • Able to learn in a fast-paced environment
  • Possess strong computer literacy and proficiency in Microsoft Office (Excel, Word, PowerPoint) 

Responsibilities

  • Responsible for assisting in areas of Audits, Reviews, Compilations, and Accounting Services.
  • Work on a variety of client deliverables and preparing work papers.
  • Resolve audit issues obtaining evidence and making inquiries of clients.
  • Understand the client’s accounting systems.
  • Understand and apply concepts of materiality and audit risk.
  • Prepare work papers that are informative, well documented, cross-referenced and can easily be understood and explained.

FAQs

What are the main responsibilities of an Audit Associate?

The main responsibilities of an Audit Associate include becoming familiar with accounting and auditing procedures, performing procedures in accordance with firm standards, and ensuring accuracy, thoroughness, and timeliness in their work.

What skills are needed to succeed as an Audit Associate?

Skills needed to succeed as an Audit Associate include strong attention to detail, analytical and problem-solving skills, effective communication skills, the ability to work well in a team, and a strong understanding of accounting and auditing principles.

What is the typical career path for an Audit Associate in this role?

The typical career path for an Audit Associate may include progression to roles such as Senior Audit Associate, Audit Manager, and eventually Partner or Director within the firm. Advancement is typically based on performance, experience, and skills development.

What kind of training and development opportunities are available for Audit Associates?

Audit Associates may receive on-the-job training, mentorship from senior staff, and opportunities to pursue professional certifications such as the CPA. Additionally, firms may provide continuing education courses, workshops, and seminars to help Audit Associates enhance their skills and knowledge.

What is the work environment like for Audit Associates in Chicago, IL?

The work environment for Audit Associates in Chicago, IL is typically fast-paced, collaborative, and focused on delivering high-quality service to clients. Audit Associates may work on diverse projects with varying levels of complexity and have opportunities to interact with clients and colleagues in a professional setting.

CohnReznick LLP

Finance
Industry
1001-5000
Employees
1919
Founded Year

Mission & Purpose

With a century’s worth of experience, nearly 4,000 global team members, and 25 locations including global subsidiaries, CohnReznick serves clients in 30 different industries through an integrated team of advisory, assurance, and tax professionals. Our Nexia International affiliation expands our reach to more than 128 countries. CohnReznick is committed to our role as a value creator and force for change in promoting sustainability, social justice, and corporate governance. We have held a leadership position in community investment for more than 35 years and a 15-year commitment to the cleantech and renewable energy industries. Our experience at the ground floor of the country’s largest tax credit programs has helped strengthen affordable housing, bring new life to historic places, housing policies and paved the way for emerging industries. CohnReznick recently launched its Gamechangers in ESG Awards program to recognize U.S businesses “changing the game” through environmental, social, and governance (ESG) strategies and best practices. CohnReznick’s sponsorship of Major League Baseball® (MLB) delivers content focused on key business issues both inside and outside of the game –strategy, performance optimization, analytics, and community investment. CohnReznick is the Presenting Sponsor of the Winter Meetings coverage, baseball’s most intensive week of business.