Contruction Project Audit Associate-US Projects

3 years

0 Lacs

Posted:3 weeks ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Summary: The Associate has the operational responsibility to provide Construction audi t 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 conclusion s - 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 -D egree In Construction/Civil Engineering/CA+ Construction / Civil+MBA Show more Show less

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