FAAS, Experienced / Senior Associate

Overview

 

 Experienced Associate / Senior Associate (FAAS)

 

Overview:

 

At MGO - (Macias, Gini & O’Connell LLP) we believe that human care comes first. Only when our talent thrives can they deliver their very best to our clients. We are honored to serve agents of change in culture-shaping industries – including cannabis, sports and entertainment, technology and state and local government. We stay at the forefront by empowering the next generation of talent: rising leaders full of big ideas, passionate energy, and purpose to effect real change. Our inclusive culture, competitive benefits, and flexible work arrangements are designed to motivate and inspire our team members to build something special. 

 

MGO is a top 50 CPA and advisory firm of 600+ professionals working remotely and in offices throughout the U.S. and India. Through frictionless digital tools, we address the local needs, and fuel the global ambitions, of clients in 97 countries. MGO is proud to be a “Best Place to Work” and is ranked as a leader by Accounting Today and Inside Public Accounting.

 

Job Details:

 

MGO is growing and we are looking for motivated, hardworking and dynamic Financial Accounting Advisory Services (FAAS) Experienced Associate or Senior Associate with a strong passion for public accounting and client services to join the team. A career in our public FAAS (client accounting services) sector will provide you with opportunities to learn and develop technical accounting, client service and supervisory skills both hands-on working directly with clients and through continuous firm training and staff development initiatives. The Experienced/Senior Associate will primarily serve cannabis industry clients. This position will be worked on a flexible schedule, in-office (Chicago) three days per week.

 

Key Responsibilities:

 

Senior Associate:

• Lead month-end and year-end closing processes for assigned clients, including reconciliations, journal entries, consolidations, and adjustments, ensuring timely and accurate financial statement preparation in compliance with U.S. GAAP and client-specific requirements.
• Review and prepare financial statements, footnote disclosures, and other required reports, providing insights and recommendations for improvements or adjustments.
• Analyze and interpret financial data, ensuring accuracy and compliance with applicable accounting standards and regulations.
• Support tax preparation, including the timely filing of sales tax, 1099s, and other related filings.
• Assist with technical accounting research and draft memos on accounting treatment for complex transactions.
• Mentor and coach junior team members, fostering a culture of learning, development, and professional growth.
• Identify and implement process improvements to enhance accounting workflows and reduce operational risks.
• Stay current on accounting standards, industry best practices, and technological advancements, ensuring application of the latest knowledge in client engagements.

 

Experienced Associate:

• Perform daily, weekly, monthly, and annual accounting activities for assigned clients, ensuring accuracy, compliance, and timely completion of tasks such as bank and credit card transactions, AP/AR processing, journal entries posting, and month-end closing reconciliations.
• Identify and resolve client-specific accounting issues, anomalies, and non-routine transactions.
• Prepare financial reports, analyses, and reconciliations, and assist with audit preparation, including compiling necessary documentation and coordinating with auditors and clients.
• Maintain compliance with internal financial controls, policies, and procedures, while staying current on accounting standards, industry best practices, and software solutions.
• Communicate professionally and effectively with clients, engagement teams, and stakeholders, ensuring smooth collaboration and clear reporting.
• Proactively anticipate and resolve complex accounting and engagement-related challenges.
• Provide accounting training to clients and internal staff as needed.
• Prepare and file 1099s, perform sales tax filings, and assist the tax department with tax return preparation.

 

Knowledge & Skills:

• Strong understanding of U.S. GAAP and financial reporting principle.
• Experience with month-end closing financial statement preparation.
• Proficient in