Senior Associate-CAAS

HBK CONNECT; Gurugram District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

HBK CONNECT is seeking a Senior Associate in Client Accounting and Advisory Services (CAAS) to manage day-to-day accounting for a diverse client portfolio, including non-profits. The role requires coordinating with U.S. teams, ensuring U.S. GAAP compliance, and supporting onboarding with documentation and SOPs.

The ideal candidate has 3–5 years of accounting experience, strong analytical and communication skills, and the ability to mentor junior staff while driving process improvements.

Qualifications

• Bachelor’s degree in accounting, Finance, Commerce, or a related field.
• 3–5 years of relevant accounting experience.
• Strong understanding of U.S. GAAP and accounting principles.
• Experience with non-profit accounting, fund accounting and donor-restricted funds preferred.
• Experience with cloud-based accounting platforms (QuickBooks Online, Sage Intacct).

Responsibilities

• Manage day-to-day accounting activities for client engagements across diverse industries, including non-profits.
• Coordinate with U.S. team to obtain financial information, explanations, and clarifications.
• Support Managers in managing client relationships and ensuring satisfaction.
• Oversee monthly, quarterly, and annual closing activities and prepare financial statements.
• Prepare and review bank reconciliations and other account schedules.
• Assist in onboarding clients, SOPs, and process documentation.
• Provide guidance to Associates and monitor engagement progress.
• Identify process improvements and automation opportunities.

Skills

Client service

Communication skills

Analytical thinking

Problem-solving

Attention to detail

Independent work

Time management

Team mentoring

Stakeholder coordination

Financial reporting

Education

Bachelor’s degree in accounting/finance/commerce

MBA or CMA preferred

Tools

QuickBooks Online

Sage Intacct

Job description

The Senior Associate, Client Accounting and Advisory Services (CAAS), will be responsible for

managing accounting and financial reporting activities for a diverse portfolio of clients, including non-profit organizations. The role involves overseeing day-to-day accounting operations, preparing financial reports, supporting client onboarding, ensuring compliance with U.S. GAAP, and collaborating with U.S.-based teams to deliver high-quality client service. The individual will also provide guidance to junior team members and contribute to process improvement initiatives.

Key Responsibilities

1. Client Service & Engagement Support

• Manage day-to-day accounting activities for assigned client engagements across various industries, including non-profit organizations.
• Coordinate directly with the U.S. team to obtain necessary financial information, supporting documentation, and clarifications.
• Support Assistant Managers in managing client relationships and ensuring a high level of client satisfaction.
• Monitor engagement progress and ensure the timely completion of assigned deliverables.
• Identify accounting discrepancies, communicate potential issues, and escalat complex matters to Assistant Managers.
• Participate in client meetings and internal discussions, as required.
• Identify opportunities to improve delivery service and enhance the overall client experience.

2. Client Onboarding Support

• Support Assistant Managers in executing the end-to-end client onboarding process.
• Coordinate the collection and review of client documentation, historical accounting records, and system access requirements.
• Review existing accounting records and identify discrepancies, process gaps, and potential transition risks.
• Assist Assistant Managers in developing onboarding schedules, transition plans, and workflow documentation.
• Prepare and maintain Standard Operating Procedures (SOPs) and client-specific process documentation.
• Ensure proper documentation and a smooth transition of accounting activities during client onboarding.
• Independently handle day-to-day bookkeeping and accounting activities, including recording journal entries and maintaining general ledger accounts.
• Prepare and review bank reconciliations, balance sheet reconciliations, and other account schedules.
• Manage monthly, quarterly, and annual closing activities for assigned client engagements.
• Prepare and review draft financial statements, supporting schedules, and management reports.
• Analyze account balances and financial information to identify unusual fluctuations, discrepancies, and potential accounting issues.
• Ensure the accuracy and completeness of financial records and supporting documentation.
• Assist Assistant Managers in reviewing financial statements and resolving complex accounting matters.
• Support budgeting, forecasting, cash flow tracking, and management reporting activities.
• Ensure compliance with U.S. GAAP and applicable firm accounting policies and quality standards.
• Handle day-to-day accounting activities for non-profit organizations.
• Prepare and review fund accounting and grant accounting schedules.
• Monitor donor-restricted and unrestricted funds and ensure appropriate accounting treatment.
• Assist in tracking grant expenditures and reviewing program-wise expense allocations.
• Maintain accurate accounting records for donations, grants, and program-related expenses.
• Prepare supporting schedules for non-profit financial statements and regulatory reporting.
• Assist in preparing audit schedules and supporting documentation for non-profit engagements.
• Identify and communicate non-profit accounting issues to Assistant Managers for further review.

5. Team Coordination & Development

• Provide day-to-day guidance and technical support to Associates in executing accounting activities.
• Review work performed by Associates to ensure accuracy, completeness, and compliance with established procedures.
• Provide constructive feedback and help team members improve their technical and professional skills.
• Allocate and coordinate routine accounting tasks within the team under the guidance of Assistant Managers.
• Monitor task progress and follow up with team members to ensure the timely completion of deliverables.
• Assist Assistant Managers in identifying training needs and supporting team development initiatives.
• Promote teamwork, knowledge sharing, and adherence to established accounting practices.

6. Process Improvement & Compliance

• Ensure adherence to established accounting policies, procedures, internal controls, and firm quality standards.
• Identify recurring accounting issues, process gaps, and opportunities for automation and operational efficiency.
• Assist in implementing process improvements and standardization initiatives across client engagements.
• Maintain appropriate engagement documentation, accounting records, and supporting schedules.
• Support audit requests by coordinating and preparing reconciliations, financial schedules, and relevant supporting documentation.
• Ensure compliance with client-specific requirements and applicable accounting standards.
• Monitor engagement deadlines and proactively communicate potential delays or operational challenges to Assistant Managers.
• Assist in maintaining and updating accounting SOPs and process documentation.

Required Skills & Qualifications

• Bachelor’s degree in accounting, Finance, Commerce, or a related field.
• MBA, U.S. CMA, or an equivalent professional qualification is preferred.
• 3–5 years of relevant experience in accounting, bookkeeping, financial reporting, or client accounting services.
• Strong understanding of U.S. GAAP and accounting principles.
• Good knowledge of general ledger accounting, account reconciliations, month-end closing, and financial statement preparation.
• Working knowledge of non-profit accounting, fund accounting, grant accounting, and donor-restricted funds is preferred.
• Experience working with accounting software such as QuickBooks Online, Sage Intacct, or other cloud-based accounting platforms.
• Strong proficiency in MS Excel and other Microsoft Office applications.
• Ability to independently manage multiple client accounting assignments and meet engagement deadlines.
• Good analytical, problem-solving, and financial review skills.
• Strong written and verbal communication skills.
• Prior experience in reviewing the work of junior team members and providing technical guidance is preferred.
• Strong accounting and financial reporting knowledge.
• Client service orientation and relationship management skills.
• Analytical thinking and problem-solving abilities.
• Attention to detail and commitment to quality.
• Team coordination and mentoring skills.
• Effective time management and task prioritization.
• Ownership and accountability for assigned engagements.
• Ability to work independently and take initiative.
• Effective communication and stakeholder coordination.
• Willingness to learn, adapt, and continuously improve.

What We Look For:

We are seeking a detail-oriented and proactive accounting professional with strong financial reporting and analytical skills. The ideal candidate demonstrates a solid understanding of accounting principles, a commitment to delivering high-quality client service, and the ability to manage multiple priorities in a fast-paced environment. Strong communication, collaboration, and problem-solving abilities, along with a willingness to learn and take ownership of responsibilities, are essential for success in this role.