Contruction Project Audit Associate-US Projects

2 weeks ago

India FORT HILL DAATA Full time US$ 90,000 - US$ 1,20,000 per year

Role Summary: The Associate has the operational responsibility to provide Construction audit engagement team services with a focus on audit quality and professional scepticism Will be involved in Contract Administration, Planning, Billing, Coordination, Budgeting. Construction Project Audits: Here, individual construction projects are audited to assess project performance, budget adherence, quality standards, and compliance with project specifications and contractual terms.

Details:Complete Construction related audit procedures that obtain sufficient appropriate audit evidence with a focus on quality and in accordance with applicable auditing standards

Exercise and document the approach to professional scepticism including robust challenge, consideration of alternatives and disconfirming evidence

Verifying the accuracy of billings or charges and contract compliance

Evaluating whether funds are being used in the manner intended by management and all levels of leadership

Reporting potential cost savings and/cost avoidance and/or potential recovery

Identifying areas for process improvement opportunities/eliminating inefficiencies

Audit labor and overhead costs. Review contracts for compliance. Utilize strong Excel skills, including pivot tables, V lookups, formulas, and graphs.

Identify actual and potential overpayments, overcharges, failures, Leakages to recoup reimbursable expenses. Identify controls and business risks for audits and identify project efficiencies. Participate in design of audit plans, coordinate and conduct audits and report results to management.

Furnish analysis, recommendations, counsel, and information to management concerning activities reviewed. Participate in debrief sessions upon completion of and during projects to identify lessons learned and enhance future quality and planning

Identify and document audit misstatements and assess these individually and cumulatively against materiality

Coordinate with specialists on their work and assess the impact of findings on the audit — Complete tasks and deliverables to a high-quality standard as part of client engagements - working to an agreed plan, budget, and quality

Identify and document risks, issues and conclusions - consulting with appropriate team members as necessary

Preparation of the prepared by client listing to be sent timeously to the client.Involvement in the team allocations and audit execution plan.Takes responsibility for the whole audit file, from engagement set up to completion, review note clearance and close out of the audit file.SkillsContract AuditingFinancial analysis

Risk assessment

Microsoft ExcelConstruction management software

Preferred industry experience: Construction, Government Contracting, Government Construction.Knowledge of the American contract standards/ guidelines required, and experience with applying such guidelines a plus. 3 years of experience

Professional Qualification in Progress — MS Office — Fluent in English — Business integrity — Attention to details -Degree In Construction/Civil Engineering/CA Construction / Civil MBA

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