Job Purpose
Working with increased independence, the Staff I/II Audit Associate is responsible for gathering, analyzing, and interpreting complex financial data on audit engagements in a variety of industries.
Goals & Objectives
- Complete compilation engagements with limited guidance.
- Be relied on to consistently deliver on engagement areas in which experience has already been obtained.
- Manage the more complex areas of an engagement, offering critical insights and analysis.
- Proactive in planning and organizing own work; assisting with the planning of engagements as needed.
- Effectively communicate with engagement team and clients, building personal and firm credibility.
Duties And Responsibilities
Verify that client financial reports and records are accurate and reliable. Prepare and/or proof financial statements & management letter comments. Develop footnotes as necessary. Assume responsibility for workpapers, letters and financial statements. Gather & analyze client financial data and financial control systems. Work with the audit team to resolve client issues discovered during the audit process. Identify and investigate variances providing recommendation for solution. Gain knowledge and advanced understanding of the client’s business process and accounting system(s). Handle multiple projects simultaneously. Effectively use firm audit software to review and compile financial information. Proactively interact with key members of the client staff to gather information, resolve basic audit-related issues, and make recommendations for basic business and process improvements. Pass the CPA exam. Pursue charge hour goal. Other duties as assigned.
Key Technical Skills And Knowledge
Bachelor’s degree in Accounting or related field. Satisfied the CPA educational requirement. Public Accounting experience of at least two busy seasons (internship experience included), or equivalent industry experience. Proficiency in Microsoft Office Word and Excel. Excellent interpersonal skills, as well as excellent written and verbal communication skills. Thorough understanding of GAAP.
Key Success Factors
Compliance with all relevant rules and regulations, and to always give ethical council to clients. With the increasing complexity of the work, the professional in this role must have a very high attention to detail in documentation and the entire audit process. Become CPA certified, and seek out information regarding changes in audit best-practices. Go-getter. Doesn’t need hand-holding to find ways to overcome questions and obstacles. The volume and complexity of busy season work can be overwhelming, so the ability to work long hours, completing work accurately and within time requirements without a decline in quality is crucial. The person in this role needs to handle the more complex areas of an audit engagement, working closely with others on the engagement team. A Staff I/II has to be able to address challenges, problems and “issues” directly with the client and has to know when those issues should be elevated to senior CSH staff. When moderately complex issues are uncovered, the professional in this role should be able to find a pathway to resolution.
Competency Model
Take Initiative: Take action without being asked, or required to. Proactively taking measures to accomplish engagement objectives.Be Adaptable: Positively respond to changes in assignments or priorities, readjusting behavior or work methods in response to new information, conditions or obstacles.Plan and Organize: Prioritize effectively, determining resource requirements & activities required to achieve engagement objectives.Demonstrate Knowledge: Acquire and utilize the technical and professional expertise required to perform at a consistently high level.Encourage Teamwork: Participate as an active and contributing member of the engagement team, helping to teach and direct less experienced staff.Location - Mumbai (Goregaon)Working Days - Monday to FridayTimings - 12:00 noon-9:00pm
