US Audit Associate

Finsmart Accounting Pvt Ltd.; Pune District; On-site; INR 550,000 - 750,000; Full time

Job summary

Finsmart Accounting Pvt Ltd. is seeking a detail-oriented Employee Benefit Plan (EBP) Audit Associate or Senior Associate to support audits of 401(k) and ERISA-governed plans for US clients.

The role requires experience in public accounting or internal audit with hands-on EBP/401(k) audit exposure during 1–2 busy seasons. The ideal candidate will have strong analytical skills, attention to detail, and the ability to work with client data, custodians, payroll records, and plan documentation to

Qualifications

• 1–2 busy seasons with primary focus on EBP/401(k) audits.
• Public accounting or internal audit experience preferred.
• Strong analytical and data handling skills.

Responsibilities

• Perform audit procedures for 401(k), pension, and other employee benefit plans.
• Review payroll data, participant contributions, distributions, loans, and custodian records.
• Test compliance with ERISA, DOL, IRS, and US GAAP for EBP financial statements.
• Prepare audit workpapers and documentation in line with firm standards.
• Identify discrepancies, exceptions, and control issues; discuss findings with seniors/managers.
• Coordinate with clients to obtain required audit information and resolve data-related queries.
• Maintain accuracy, completeness, and timely delivery of audit assignments.

Skills

Analytical thinking

Time management

Attention to detail

Communication

Problem solving

Education

Bachelor’s or Master’s degree in Accounting or Finance

Tools

MS Excel

CCH Engagement

CaseWare

Job description

Finsmart Accounting is a global accounting and finance outsourcing partner serving CPA firms, multinational corporations, and growing businesses. Since 2007, we have helped 300+ clients across multiple countries scale their finance operations through skilled accounting professionals and technology-enabled solutions. Our services include bookkeeping, accounting, tax, payroll, compliance, financial reporting, and virtual finance support. At Finsmart, we are driven by our core values of Partnership, Authenticity, Agility, Trust, and Joy, fostering a high-performance culture where professionals can build meaningful careers while helping clients accelerate growth.

Job Description

Role Overview

Finsmart Accounting is looking for a detail-oriented and technically strong Employee Benefit Plan (EBP) Audit Associate / Senior Associate to support audits of 401(k) plans, pension plans, and other ERISA-governed employee benefit plans for US clients.

The ideal candidate will have prior experience in public accounting or internal audit , with hands‑on exposure to EBP / 401(k) audits during at least 1–2 busy seasons . This role requires strong analytical skills, attention to detail, and the ability to work directly with client data, custodians, payroll records, and plan documentation.

Key Responsibilities

• Perform audit procedures for 401(k), pension, and other employee benefit plans .
• Review and reconcile payroll data, participant contributions, distributions, loans, and custodian records .
• Test compliance with ERISA, DOL, IRS, and US GAAP requirements applicable to EBP financial statements.
• Prepare audit workpapers and supporting documentation in accordance with firm standards.
• Identify discrepancies, exceptions, and control issues, and discuss findings with seniors/managers.
• Coordinate with clients to obtain required audit information and resolve data-related queries.
• Maintain accuracy, completeness, and timely delivery of audit assignments.

Requirements

Required Qualifications

Education

Bachelor’s or Master’s degree in Accounting or Finance .

Experience

2–4 years of experience in public accounting or internal audit .

At least 1–2 busy seasons with primary focus on Employee Benefit Plan (EBP) / 401(k) audits .

Regulatory Knowledge

• ERISA rules
• Department of Labor (DOL) standards
• IRS compliance requirements
• US GAAP applicable to EBP financial statements

Technical Skills

• Intermediate to advanced proficiency in MS Excel , including:
  • Data matching and reconciliation
• Familiarity with audit software such as:
  • CCH Engagement
  • CaseWare
  • or other firm-specific audit tools

Attention to Detail

Ability to identify discrepancies between payroll records, custodian statements, and plan documents.

Client Communication

Professional and confident communication with clients, including the ability to explain audit requirements to non-accounting stakeholders.

Time Management

Ability to manage multiple EBP audits simultaneously and meet deadlines during peak audit season.

Analytical Thinking

Strong problem-solving and reconciliation skills with a high level of accuracy.

Preferred Qualifications

• Experience working with US CPA firms or US audit engagements .
• Exposure to SOC reports, investment testing, and participant testing .
• CPA / CA Inter / CA Finalist will be an added advantage.

Why Join Finsmart?

• Exposure to global accounting and audit practices
• Structured learning and growth opportunities
• Collaborative team environment
• Opportunity to build specialization in a high-demand audit niche