Contruction Project Audit Associate-US Projects

6 days ago


Ahmedabad, Gujarat, India FORT HILL DAATA Full time US$ 60,000 - US$ 80,000 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.

Skills

  • Contract Auditing
  • Financial analysis
  • Risk assessment
  • Microsoft Excel
  • Construction 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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