Financial Assurance Specialist

22 hours ago

Greater Kailash, Haryana, India beBeeAudit Full time ₹ 15,00,000 - ₹ 20,10,000
Audit Associate

We are seeking a detail-driven Audit Associate to join our team. In this role, you will be responsible for supporting the execution of financial audits, contributing to the delivery of high-quality assurance and regulatory compliance.

Key Responsibilities:
  • Perform thorough audit procedures on WIP 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.
Requirements:
  • Bachelor's degree in Accounting or Commerce.
  • CPA or pursuing preferred.
  • 1–3 years of U.S. assurance/audit experience (construction, engineering, or real estate clients preferred).
  • Proficient with CaseWare, CCH Engagement, or similar audit software.
  • Knowledge of GAAP revenue recognition (ASC 606) and job costing fundamentals is highly desirable.
  • 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.

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