Junior Audit Associate

0 - 3 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Junior Audit Associate at the company, you will be an essential part of the team responsible for conducting financial statement audits and providing assurance services to clients. By working closely with experienced audit professionals, you will have the opportunity to gain exposure to various industries and build a solid foundation in auditing and financial analysis. **Key Responsibilities:** - Assist in planning and executing financial statement audits for clients spanning different industries. - Conduct preliminary analytical procedures, identify key risks, and develop audit programs. - Perform substantive testing and analytical procedures to assess the accuracy and completeness of financial statements. - Verify the existence and valuation of assets, liabilities, revenues, and expenses. - Ensure that work papers are well-organized, accurate, and compliant with professional standards and firm policies. - Evaluate clients" compliance with accounting principles, financial reporting standards, and relevant laws and regulations. - Identify control weaknesses or areas for improvement by evaluating internal controls. - Utilize data analytics tools to extract, transform, and analyze financial data, identifying trends, anomalies, and potential risks during audits. - Prepare clear and concise audit findings, draft audit reports, and provide recommendations to clients. - Communicate effectively with clients and team members to address inquiries, gather necessary information, and provide updates on audit progress. **Qualifications Required:** - 6 months to 2 years of experience in auditing statements of accounts for US clients based on GAAP principles. - Bachelor's degree in accounting, finance, or a related field. A master's degree in accounting or a relevant discipline is advantageous. - Strong understanding of accounting principles, financial statements, and auditing standards. - Proficiency in Microsoft Excel and other relevant software applications; familiarity with audit software is a plus. - Demonstrated attention to detail and a commitment to accuracy in analyzing financial data, documenting work papers, and preparing audit reports.,

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