Audit Associate

12 hours ago

Greater Kailash, Haryana, India Elevate Full time

A. Company Overview

Elevate is an AI-first platform helping micro, small, and medium-sized businesses (MSMEs) scale with confidence. Founded in 2012, we combine advanced technology with deep financial and business expertise to deliver growth, financing, taxation, and Bitcoin-native solutions across the entire business lifecycle.

Our team has earned global recognition, including:

  • 9 placements on Inc. Magazine's Fastest Growing 5000 Private Companies list
  • 4 consecutive rankings on the Financial Times Fastest Growing 500 Companies in the Americas
  • Selection to Fortune's 2023 list of the 300 Most Innovative Companies

With 100+ professionals across New York, Los Angeles, Toronto, Delhi, and Mumbai, our leadership draws from firms like Barclays, UBS, Merrill Lynch, and top institutions such as NYU, Duke, and London Business School.

What we do at Elevate:

  • Deliver AI-driven solutions for growth, strategy, and operations
  • Provide MSMEs with financing and capital efficiency support
  • Offer Bitcoin-native treasury and fund management services
  • Ensure seamless taxation, compliance, and regulatory support

B. About Your Role

We are seeking a highly motivated Associate – Audit to join our Audit Team. In this role, you will be responsible for supporting the execution of financial audits for private companies, contributing to the delivery of high-quality assurance, regulatory compliance, and enhanced client confidence.

This opportunity is ideal for individuals with a strong foundation in audit practices, a commitment to financial integrity, and a passion for working in a dynamic, fast-paced environment that values cross-border collaboration, innovation, and continuous professional growth.

The successful candidate will be analytical, meticulous, proactive, and a collaborative team player—someone who demonstrates initiative, thrives in a performance-driven culture, and is dedicated to upholding the highest standards of excellence.

C. Key Responsibilities

  • Perform audit procedures on WIP (Work-in-Progress) schedules, job cost reports, and A/R aging tied to construction contracts.
  • Assist in testing percentage-of-completion revenue recognition and related cutoff and accuracy assertions.
  • Review and reconcile AIA G702/703 forms, subcontractor payment certificates, and retainage balances.
  • Analyze job profitability trends and detect anomalies across active projects.
  • Execute procedures on indirect cost allocations, change orders, and bonded project tracking.
  • Support engagement teams with risk assessment documentation, walkthroughs, and internal control testing relevant to job cost cycles.
  • Document audit findings and prepare supporting schedules in accordance with U.S. GAAS and GAAP.

D. Required Qualifications & Experience

Education:

  • Bachelor's degree in Accounting or Commerce.
  • CPA or pursuing preferred.

Experience:

  • 1–3 years of U.S. assurance/audit experience (construction, engineering, or real estate clients preferred).

Essential Technical Skills:

  • Proficient with CaseWare, CCH Engagement, or similar audit software.
  • Knowledge of GAAP revenue recognition (ASC 606) and job costing fundamentals is highly desirable.
  • Attention to detail, ability to interpret financial data, and apply audit standards effectively
  • Exceptional proficiency in written and verbal English communication, enabling clear and effective collaboration with U.S.-based teams and stakeholders.
  • Proven ability to work independently, prioritize tasks efficiently, and adhere strictly to deadlines.

Preferred but not mandatory skills or experiences:

  • Experience working with international audit teams, particularly U.S. clients

E. Benefits & Perks

  • Health Insurance for you and your dependents including parents
  • Provident Fund
  • 3 % Fixed CTC Budget for Learning Opportunities
  • Market Leading Leave Policy
  • Paid Holidays per Calendar Year
  • Employee Recognition & Rewards
  • One of the best cultures of benevolent meritocracy

F. Job Details

  • Title: Associate - Audit
  • Annual Compensation: As per Industry Standard
  • Work Schedule: Office
  • Nature: Full time
  • Shift: 9-hour shift between 5 PM – 5 AM IST
  • Location: Delhi, India

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