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
- Minimum 12-15 years of progressive audit experience in a medium to large public accounting firm or equivalent
Grant Thornton INDUS is the global capability center for Grant Thornton US, the U.S. member firm of Grant Thornton International Ltd., a leading global network of independent audit, tax, and advisory firms. Founded in Chicago in 1924, Grant Thornton US is one of the leading accounting and advisory firms in the U.S., bringing together $4B+ in revenue, 56 U.S. offices, and a multi-national platform spanning 20 countries with 25,000 people. It combines deep expertise, advanced technology, and a collaborative mindset to help clients solve complex challenges and grow with confidence. Since 2012, Grant Thornton INDUS has brought together 3,300+ professionals across Tax, Audit, Advisory, Client Services, Innovation, and Enabling Functions to deliver high-impact solutions for Grant Thornton US and its global network. Recognized as a Great Place To Work® for three consecutive years and among India’s Top 15 Best Workplaces™ in Professional Services 2026, INDUS offers a high-performance culture where people are trusted, supported, and empowered to grow.
