Senior Associate - Assurance

BDO India; Hyderabad; On-site; INR 800,000 - 1,200,000; Full time

Job summary

BDO India is seeking a detail-oriented Assurance professional for Hyderabad who will perform testing procedures, support engagement formalities, and coordinate with internal and external teams. The role includes supervising junior staff, acting as the client SPOC, and ensuring timely, compliant delivery of working papers.

Candidate should have 1+ years of Assurance experience with exposure to NFS domain, and will contribute to standardizing processes, documentation, and issue resolution within

Qualifications

• Experience with testing procedures including substantive and controls testing.
• Ability to supervise junior team members and act as SPOC for clients.
• Knowledge of Assurance engagements,documentation, and regulatory requirements.

Responsibilities

• Perform testing procedures including substantive and controls testing, vouching, verification, etc.
• Provide support to the team manager on Assurance engagement formalities
• Handle areas and work allocated including testing and relevant Assurance procedures
• Prepare Assurance work papers and ensure compliance with firms policies and procedures and regulatory requirements
• Manage and supervise junior team members including article staff
• Act as a SPOC for the team with the client in terms of data flow, communication, coordination and discussions
• Coordinate with internal and external teams including client personnel for information/data
• Support the team on standardization of processes, documentation, analysis of technical issues and research solutions
• Support the team manager in project management, preparing status updates, compiling requirements lists, etc
• Participate in meetings with various teams and contribute for the areas and responsibilities handled
• Understand business & industry issues/trends
• Ensure timely delivery of working papers as per defined timelines
• Ensure compliance with engagement plans, internal quality & risk management procedures
• Demonstrate knowledge of applicable laws/regulations and keep up to date with new pronouncements relating to Ind AS
• Take ownership of delivering all aspects of the Assurance engagement from start to finish
• Front end and manage the internal and external quality review process for engagements and deliverables
• Collaborate with teams including experts and specialists involved in supporting delivery of Assurance engagements
• Responsible for operational matters including billing, collections, efficiency and utilization of resources, monitoring engagement budgets
• Proactively taking up full responsibility of documentation and guiding/monitoring junior resources of the team

Skills

Testing procedures

Team supervision

Client coordination

Documentation

Regulatory awareness

Job description

Role & responsibilities:

• Performing testing procedures including substantive and controls testing, vouching, verification, etc.
• Provide necessary support to the team manager on Assurance engagement formalities
• Handle areas and work allocated including testing and relevant Assurance procedures
• Prepare Assurance work papers and ensure compliance with firms policies and procedures and also regulatory requirements.
• Manage and supervise junior team members including article staff.
• Act as a SPOC for the team with the client in terms of data flow, communication, coordination and discussions.
• Coordinate with internal and external teams including client personnel for information/ data
• Support the team on standardization of processes, documentation, analysis of technical issues and research solutions.
• Support the team manager in project management, preparing status updated, compiling requirements lists, etc
• Participate in meeting with various teams and contribute for the areas and responsibilities handled.
• Understanding business & industry issues / trends.
• Ensuring timely delivery of working papers as per the defined timelines.
• Ensuring compliance with engagement plans, internal quality & risk management procedures.
• Should demonstrate knowledge of applicable laws and regulations and keep up to date with new pronouncements relating to Ind AS.
• Ownership and accountability of delivering all aspects of the Assurance engagement, from start to finish.
• Be responsible to front end and manage the internal and external quality review process for respective engagements and deliverables.
• Collaborate with teams including with experts and specialists involved in supporting delivery of Assurance engagements.
• Responsible for the operational matters including, billing, collections, efficiency and optimal utilization of efforts and resources, monitoring engagement budgets, etc.
• Proactively taking up full responsibility of documentation and guiding/monitoring junior resources of the team

Preferred candidate profile

• 1+ years experience in Assurance
• Should have experience catering to NFS domain