Senior Audit Associate

United HR Solutions Pvt. Ltd.; Ahmedabad District; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

United HR Solutions Pvt. Ltd.

in Ahmedabad is seeking a Qualified Chartered Accountant with 5 to 8 years of audit and assurance experience in top firms to join our audit team. You will assist in planning and executing audit assignments for domestic and international clients, ensure proper documentation, and support reviews of financial statements with applicable GAAP such as Ind AS, IFRS or US GAAP as required.

Qualifications

• Qualified CA with 5–8 years of experience in a Top 10 firm.
• Experience in planning, executing audit assignments for domestic and international clients.
• Proficient in IFRS, Ind AS and other GAAP as applicable.

Responsibilities

• Assist in planning and execution of audit assignments for domestic and international clients.
• Perform audit procedures in accordance with the audit plan and firm methodology.
• Verify financial records, supporting documents and test controls.
• Prepare audit working papers and ensure proper documentation.
• Communicate audit findings and reports to seniors and managers.
• Coordinate with client teams to gather schedules and information.
• Review bank reconciliations, accounts and inventory as required.
• Identify discrepancies and potential audit issues.

Skills

Audit & Assurance

Client coordination

IFRS/Ind AS knowledge

Analytical skills

Education

Chartered Accountant (CA)

Job description

Qualified Chartered Accountant with 5 to 8 yrs experience in Top 10 firm (Deloitte, PwC, and EY, KPMG, BDO etc)

Key Responsibilities

Audit & Assurance

• Assist in planning and execution of audit assignments for domestic and international clients.
• Perform audit procedures in accordance with the audit plan, applicable standards and firm methodology.
• Obtain and examine financial records, supporting documents and other relevant information.
• Perform substantive testing, analytical procedures and test of controls.
• Verify assets, liabilities, income, expenses and other financial statement items.
• Review bank reconciliations, accounts receivable, accounts payable, fixed assets, inventory and other balance sheet schedules.
• Perform vouching and verification of transactions and supporting documentation.
• Assist in revenue, expense and payroll testing.
• Participate in physical verification of inventory and fixed assets, wherever required.
• Identify unusual transactions, discrepancies and potential audit issues and report them to seniors.
• Ensure audit evidence is properly documented and maintained in working papers.
• Assist in reviewing financial statements and supporting schedules.
• Understand and apply applicable accounting standards such as Ind AS, IFRS, US GAAP or other relevant GAAP, depending on the client.
• Perform financial statement tie-outs and cross-referencing.
• Assist in preparation and review of audit schedules and reconciliations.
• Analyse financial data and investigate significant fluctuations and variances.
• Support preparation of audit adjustments and management recommendations.

Audit Documentation

• Prepare clear, complete and properly referenced audit working papers.
• Maintain audit files and ensure documentation complies with internal quality standards.
• Ensure all audit procedures are completed and properly evidenced.
• Follow up on pending audit information and documentation from clients.
• Assist seniors and managers in resolving review points.

Client Coordination

• Communicate with clients to obtain financial information, schedules and supporting documents.
• Follow up with client finance teams for pending audit requirements.
• Develop a professional relationship with client personnel.
• Participate in client meetings and discussions as required.
• Communicate audit findings and information requests professionally and clearly.