JOB DESCRIPTION - Manager - Audit - Not for Profit

About Grant Thornton:

Grant Thornton is collaborative, entrepreneurial and on the move. As part of a dynamic global organization of 52,000 people serving clients in more than 135 countries, we have the agility and focus it takes to be a leader.

Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd., one of the world's leading organizations of independent audit, tax and advisory firms. Grant Thornton has revenues in excess of

$1.87 billion and operates 58 offices across the U.S., with 623 partners and 8,500+ employees in the United States and at our shared Services Center in Bangalore, India.

About GT INDUS:

GT INDUS is the in-house offshore center for GT US. Situated in Bangalore, GT INDUS has over 2000 professionals in Tax, Audit, Advisory, Client Services, and Enabling functions. Empowered people, bold leadership and distinctive client service are the foundation of the culture at GT INDUS. A transparent, competitive and excellence-driven firm that offers an opportunity to be part of something significant. Driven, young professionals at GT INDUS serve communities through inspirational and generous services to give back to their communities. There is no limit on the type of work a GT INDUS audit professional can perform, nor is there any limit on the engagement integration with GT INDUS. GT INDUS audit professionals will have the opportunity to work on audit engagements from beginning to end. Visit the website for more: https://www.gtindus.com/

Location: Bangalore, India.

About the Team

GT INDUS is the in-house offshore center for GT US. Situated in Bangalore, GT INDUS has over 2000 professionals in Tax, Audit, Advisory, Client Services, and Enabling functions. Empowered people, bold leadership and distinctive client service are the foundation of the culture at GT INDUS. A transparent, competitive and excellence-driven firm that offers an opportunity to be part of something significant. Driven, young professionals at GT INDUS serve communities through inspirational and generous services to give back to their communities. There is no limit on the type of work a GT INDUS audit professional can perform, nor is there any limit on the engagement integration with GT INDUS. GT INDUS audit professionals will have the opportunity to work on audit engagements from beginning to end. Visit the website for more: https://www.gtindus.com/

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:

- 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

- 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.

- Participate in recruitment.

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 15 members (10 Analyst/ Associate and 5 Senior Associates)

- 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 7-9 years of progressive audit experience in a medium to large public accounting firm or equivalent

- Big 4 experience a plus

Grant Thornton INDUS (Full Time Employee) Benefits:

- Insurance Benefits - Group health, Group Accidental & Group Term life

- Wellness Program - Employee Assistance Program, Practo Plus Corporate Health Plan, Counselling services

- Work life effectiveness - Hybrid work model

- Parental Support - Parental leaves (Maternity & Paternity leaves), Flexi work benefit, Child care benefit (creche facility)

- Mobility Benefits - Relocation benefits, Internal Job Posting, Travel Policy

- Retirement Benefits - Employee PF Contribution, Gratuity, Leave Encashment.

- Other Benefits - Women security, Onetime payment for home office set up, Professional Certification Programs, Mobile & Broadband Reimbursements, Meal card, Service Awards.

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