Audit Associate

A. Company Overview Elevate LLC is a national platform built to partner with growth-focused accounting, tax and advisory firms. Our mission is to empower entrepreneurial firms and their leaders by providing the capital, operational support, and strategic guidance they need to scale. By combining the resources of a larger organization with the independence and culture of local firms, Elevate creates an environment where professionals can focus on serving clients, developing talent, and innovating across accounting, tax, and advisory services. Our partner firms benefit from Elevate’s shared services, technology investments, and growth expertise. Backed by experienced leadership and long-term capital, we are building a next-generation professional services platform that redefines how CPA firms grow, compete, and thrive in today’s market. 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