External Audit & Assurance Associate

Job Description

External Audit & Assurance Associate | Magone Advisors

The Tone:
This is a full-time role at Magone Advisors, located in Parsippany, NJ, with a hybrid work schedule that balances office/client site presence with remote work. Magone & Company is a growing public accounting firm that provides essential audit, review, compilation, and accounting services to privately held companies, nonprofit organizations, and growing businesses across various industries. The firm values professionals who build trusted relationships, ask thoughtful questions, and help clients make informed financial decisions. This early-career position is vital for supporting financial statement engagements, allowing the Associate to strengthen technical skills, work directly with clients, and build a long-term career in public accounting, contributing significantly to the firm’s mission of delivering assurance and shaping the future for its diverse client base.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid Parsippany, NJ
• Pay: $65000+ yearly
• Team: Works alongside experienced professionals, Managers, and Partners
• Mission: Support financial statement audits, reviews, compilations, and related accounting engagements for privately held businesses and nonprofit organizations.
• Tech Stack: Excel, Word, Outlook

What You’ll Actually Do
• Engagement Planning & Execution: Assist with crucial engagement planning, risk assessment, confirmations, analytical procedures, substantive testing, and selected internal-control procedures to ensure thorough and accurate audits.
• Financial Account Testing: Prepare accurate workpapers and meticulously test a range of financial-statement accounts, including cash, receivables, payables, revenue, expenses, payroll, and fixed assets, ensuring compliance and accuracy.
• Direct Client Communication: Work directly with client accounting teams to efficiently obtain supporting information, proactively resolve open items, and identify any unusual activity or potential accounting and audit issues that require attention.
• Reporting & Research Support: Provide critical assistance with the preparation of financial statements and disclosures, and conduct necessary technical research under the comprehensive guidance of senior team members.
• Continuous Improvement & Development: Manage multiple engagement deadlines effectively, respond constructively to review comments for continuous improvement, and actively participate in training, technology, and process-improvement initiatives to enhance firm operations.

The Must-Haves
• Background: Bachelor’s degree in Accounting, with foundational knowledge of accounting principles, financial statements, and audit procedures.
• Experience: 1-2 years of public accounting external audit experience.
• Skills: Strong organizational, analytical, and time-management skills with close attention to detail; clear written and verbal communication skills; a collaborative, growth-oriented approach; proficiency with Excel, Word, and Outlook; ability to travel to local client sites.
• Bonus: CPA eligibility or progress toward CPA licensure.