Senior Audit Associate - Financial Statements

Armanino India LLP (USD); Hyderabad; On-site; INR 2,500,000 - 4,500,000; Full time

Benefits offered by this job

Provident Fund

Gratuity

Medical Insurance

Group Personal Accident Insurance

Job summary

Armanino India LLP invites experienced audit professionals to lead multi-client engagements from Hyderabad. You will oversee the end-to-end deliverables for employee benefit plan audits, reviews, and compilations, while ensuring GAAP/GAAS compliance and strict adherence to deadlines.

The role requires CPA/CA credentials and 3–5 years of public accounting experience with leadership responsibilities. You will drive planning, staffing, and technical issue resolution, mentoring junior staff and

Qualifications

• Bachelor's degree in accounting or related field.
• CPA license or Qualified Chartered Accountant.
• Minimum 3-5 years Public Accounting experience, including management of Employee Benefit Plan audit engagements.
• Assurance leadership, guidance or supervisory experience is required.
• Advanced understanding of accounting (GAAP) and assurance (GAAS) for Employee Benefit Plans.
• Working knowledge of Microsoft Office Suite and Adobe Acrobat.

Responsibilities

• Manage the engagement and workflow of all client deliverables for multiple clients and engagements, including audited, reviewed and compiled financial statements, and internal control and management letters, to minimize risk and surprises, optimize engagement economics, satisfy service objectives, and meet deadlines.
• Manage audits of employee benefit plans including defined contribution, defined benefit, and health and welfare plans.
• Identify and resolve accounting and audit technical issues impacting the engagement.
• Lead the engagement planning process in terms of timing, risk assessment, reliance on internal controls, and engagement approach.
• Determine and approve staffing and related engagement work schedules.
• Review engagement work papers and deliverables to ensure standards are met.
• Delegate assignments to supervisors considering skills and schedule.

Skills

Engagement leadership

Audit management

GAAP/GAAS knowledge

CPA/CA

Excel

Education

Bachelor's degree in accounting

CPA license

Tools

Adobe Acrobat

Job description

At Armanino, you determine your career path. This means it's possible to pursue challenges you are passionate about, in industries you care about. Armanino (USA) is proud to beamong the top 20 Largest Firms in the United States of Americaand one of theBest Places to Work. Armanino (USA) has more than 2500 employees across the USA and more than 20 offices in different states of the USA. We have a community of resources that are ready and willing to support your ideas, build your skills and expand your professional network. We want you to integrate all aspects of your life with your career. At Armanino, we know you don’t check-out of life when you check-in at work. That’s why we’ve created a unique work environment where your passions, work, and family & friends can overlap. We want to help you achieve growth by giving you access to a network of smart and supportive people, willing to listen to your ideas.

This open position is for Armanino India LLP, which is located in India. Armanino India LLP is a fully owned subsidiary of Armanino (USA).

Responsibilities

• Manage the engagement and workflow of all client deliverables for multiple clients and engagements, including audited, reviewed and compiled financial statements, and internal control and management letters, to minimize risk and surprises, optimize engagement economics, satisfy service objectives, and meet internal and external deadlines
• Manage audits of employee benefit plans including defined contribution, defined benefit, and health and welfare plans
• Identify and resolve accounting and audit technical issues impacting the engagement
• Leads the engagement planning process in terms of timing, risk assessment, reliance on internal controls, audit or other engagement approach
• Determine and approve staffing and other resource needs, and related engagement work schedules
• Review engagement work papers and related deliverables to ensure that firm and professional standards are met
• Delegate assignments to supervisors considering their skills, development needs, schedule and engagement economics
• Continually build on technical expertise in accounting, financial reporting and audit methods by attending continuing professional education courses or utilizing other training resources
• Conduct or review research of complex or new accounting and financial reporting issues and prepare memorandums to support solutions
• Coordinate and monitor the services provided by other departments and niches
• Keep the partner informed about client updates, engagement and budget to actual status, and technical issues
• In the process of developing at least one area of industry expertise
• Assists in developing fee quotes and budgets
• Preparation of client billings and collection of outstanding accounts
• Utilizes assurance department methodologies, processes and tools to enhance assurance engagement efficiencies and overall client profitability
• Developing into a trusted advisor by being the primary point of contact for client throughout the year to discuss updates in their business, needs and potential solutions, accounting related issues and potential solutions, in addition to engagement management matters
• Knowledgeable about the services and capabilities of partners and other service lines, and seek to identify other services that will benefit the client
• Oversee the preparation of presentations for audit exit and audit committee meetings
• Involvement in the early stages of practice development activities including developing a professional network or referral sources, assisting in proposals, or writing articles for publication and assisting partners in their practice development activities
• Participate in activities to develop and improve firm and department business processes
• Serve as an instructor in firm and department training programs and meetings
• Develop less experienced professionals by providing formal performance feedback, career counseling and mentoring to those below manager

Requirements

• Bachelor's degree in accounting or a related field
• CPA license or Qualified Chartered Accountant
• Minimum 3-5 years Public Accounting experience, including management of Employee Benefit Plan audit engagements.
• Assurance leadership, guidance or supervisory experience is required
• Advanced understanding of accounting (GAAP) and assurance (GAAS) procedures and standards for Employee Benefit Plans.
• Working knowledge of the Microsoft Office Suite and Adobe Acrobat

Compensation and Benefits

• Compensation: Commensurate with Industry standards
• Other Benefits: Provident Fund, Gratuity, Medical Insurance, Group Personal Accident Insurance etc.
• employment benefits depending on the position.

Armanino “ is the brand name under which Armanino LLP, Armanino CPA LLP, and Armanino Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with law, regulations, and professional standards. Armanino LLP and Armanino CPA LLP are licensed independent CPA firms that provide attest services, and Armanino Advisory LLC and its subsidiary entities provide tax, advisory, and business consulting services. Armanino Advisory LLC and its subsidiary entities are not licensed CPA firms.

Armanino provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Armanino complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Armanino expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Armanino employees to perform their job duties may result in discipline up to and including discharge.

We have a community of resources that are ready and willing to support your ideas, build your skills and expand your professional network. Armanino is one of the top 25 largest independent accounting and business consulting firms in the United States. We are a nationwide leader serving privately held companies and private individuals, as well as nonprofit organizations and public entities.

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