Financial Assurance Specialist

1 day ago

Greater Delhi Area, India beBeeAudit Full time ₹ 5,00,000 - ₹ 8,00,000
Job Title

A leading business solutions provider is seeking a highly motivated Audit Associate to join its Audit Team. The successful candidate 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.

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.
Required Qualifications & Experience
  • 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).
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.
Benefits & Perks
  • Health Insurance for you and your dependents including parents.
  • Provident Fund.
  • Market Leading Leave Policy.
  • Paid Holidays per Calendar Year.
  • Employee Recognition & Rewards.

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