Audit Assistant

Position: Audit assistant (CA)

Experience: 3 - 6 years

Location: Kandivali

**Role Overview**:
As an **Audit Assistant**, you will support the audit team in conducting financial, compliance, and operational audits. Your role involves assisting in examining the accuracy of financial statements, ensuring compliance with policies, identifying risks, and recommending improvements to internal controls. You will work closely with auditors, accountants, and management to gather data, perform analyses, and prepare reports.

**Key Responsibilities**:

- **Assisting in Audits**:

- Help in the execution of audit procedures under the supervision of senior auditors or audit managers.
- Conduct preliminary reviews of financial statements, accounting records, and supporting documents to verify accuracy.
- Assist in ensuring that audits comply with regulatory standards and internal audit protocols.
- **Document Examination**:

- Review financial statements, reports, ledgers, invoices, and other documents to verify accuracy and completeness.
- Assist in tracing transactions from source documents to financial reports to identify any discrepancies or errors.
- Perform vouching, testing, and reconciliation of financial data as part of the audit process.
- **Internal Controls Assessment**:

- Assist in evaluating the effectiveness of internal controls by reviewing procedures, policies, and risk management processes.
- Report findings and provide recommendations to improve internal control weaknesses.
- Ensure compliance with company policies and applicable laws and regulations.
- **Data Collection and Analysis**:

- Gather financial and non-financial data from various departments for audit purposes.
- Analyze data to identify potential risks, irregularities, or non-compliance with regulations.
- Assist in performing detailed account reconciliations and preparing audit schedules.
- **Report Preparation**:

- Assist in drafting audit reports based on findings and observations, ensuring clarity and completeness.
- Present findings to senior auditors or audit managers for review.
- Help in preparing documentation to support the audit conclusions, including spreadsheets, charts, and exhibits.
- **Compliance Monitoring**:

- Ensure that financial transactions comply with company policies and legal regulations.
- Help monitor adherence to tax laws, financial reporting requirements, and regulatory guidelines.
- Assist in audits related to government regulations, ensuring that all documentation is accurate and compliant.
- **Team Collaboration**:

- Work closely with the audit team, sharing responsibilities and ensuring the timely completion of audit tasks.
- Support senior auditors during fieldwork by organizing and managing audit documents and tools.
- Communicate effectively with different departments to gather necessary information for audit purposes.
- **Follow-up Audits**:

- Assist in performing follow-up audits to monitor the implementation of audit recommendations.
- Track the resolution of previously identified issues or discrepancies and ensure they have been properly addressed.
- **Special Projects**:

- Participate in special audit projects or investigations as assigned by senior auditors or audit managers.
- Assist with internal reviews, fraud investigations, and other ad-hoc audit tasks.

**Qualifications**:

- Bachelor’s degree in Accounting, Finance, or a related field.
- 1+ year of experience in auditing, accounting, or financial analysis.
- Knowledge of accounting principles and auditing standards.

**Skills**:

- Strong analytical and problem-solving skills.
- High attention to detail and accuracy in reviewing financial data.
- Good organizational and time management abilities.
- Proficiency in Microsoft Office, especially Excel.
- Excellent communication skills for presenting findings and working with different departments.

Pay: ₹500,000.00 - ₹1,000,000.00 per year

Application Question(s):

- Are you a CA?

**Experience**:

- Internal audits: 3 years (preferred)

Work Location: In person