229 Audit Associate jobs in India

A. Company Overview

Founded in 2012, Occams Advisory is a leading business solutions, professional services and financial advisory provider specializing in growth, financing, and taxation. Serving as a trusted advisor throughout the business lifecycle, Occams combines Fortune 500 expertise, entrepreneurial insights, and a global perspective to deliver world-class solutions. Occams has achieved remarkable recognition for its rapid growth, securing 8 spots on Inc. magazine's Fastest Growing 5000 Private Companies list, 4 consecutive rankings on the Financial Times Fastest Growing 500 Companies in the Americas. In 2023, Occams was honored on Fortune's inaugural list of the 300 Most Innovative Companies.

Operating across all U.S. states and territories, Occams boasts a team of over 100 professionals based in major cities worldwide, including New York, Los Angeles, Toronto, Delhi and Mumbai. Its leadership includes alumni from Fortune 500 companies such as Barclays, UBS, and Merrill Lynch, and prestigious academic institutions like NYU, Duke University, and London Business School. Recognized as a leader in professional services, Occams delivers transformative growth and advisory solutions to clients.

B. About Your Role

We are seeking a highly motivated Associate – Audit to join our Audit Team. In this role, you will be responsible for supporting the execution of financial audits for private companies, contributing to the delivery of high-quality assurance, regulatory compliance, and enhanced client confidence.

This opportunity is ideal for individuals with a strong foundation in audit practices, a commitment to financial integrity, and a passion for working in a dynamic, fast-paced environment that values cross-border collaboration, innovation, and continuous professional growth.

The successful candidate will be analytical, meticulous, proactive, and a collaborative team player—someone who demonstrates initiative, thrives in a performance-driven culture, and is dedicated to upholding the highest standards of excellence.

C. Key Responsibilities

• Perform audit procedures on WIP (Work-in-Progress) schedules, job cost reports, and A/R aging tied to construction contracts.
• Assist in testing percentage-of-completion revenue recognition and related cutoff and accuracy assertions.
• Review and reconcile AIA G702/703 forms, subcontractor payment certificates, and retainage balances.
• Analyze job profitability trends and detect anomalies across active projects.
• Execute procedures on indirect cost allocations, change orders, and bonded project tracking.
• Support engagement teams with risk assessment documentation, walkthroughs, and internal control testing relevant to job cost cycles.
• Document audit findings and prepare supporting schedules in accordance with U.S. GAAS and GAAP.

D. Required Qualifications & Experience

Education:

• Bachelor's degree in Accounting or Commerce.
• CPA or pursuing preferred.

Experience:

• 1–3 years of U.S. assurance/audit experience (construction, engineering, or real estate clients preferred).

Essential Technical Skills:

• Proficient with CaseWare, CCH Engagement, or similar audit software .
• Knowledge of GAAP revenue recognition (ASC 606) and job costing fundamentals is highly desirable.
• Attention to detail, ability to interpret financial data, and apply audit standards effectively
• Exceptional proficiency in written and verbal English communication, enabling clear and effective collaboration with U.S.-based teams and stakeholders.
• Proven ability to work independently, prioritize tasks efficiently, and adhere strictly to deadlines.

Preferred but not mandatory skills or experiences:

• Experience working with international audit teams, particularly U.S. clients

E. Benefits & Perks

• Health Insurance for you and your dependents including parents
• Provident Fund
• 3 % Fixed CTC Budget for Learning Opportunities
• Market Leading Leave Policy
• Paid Holidays per Calendar Year
• Employee Recognition & Rewards
• One of the best cultures of benevolent meritocracy

F. Job Details

• Title : Associate - Audit
• Annual Compensation: As per Industry Standard
• Work Schedule : Office
• Nature : Full time
• Shift : 9-hour shift between 5 PM – 5 AM IST
• Location : Delhi, India

Role : Audit Associate

Qualification: Semi Qualified Chartered Accountant (CA)/ CMA- Graduate

Experience: 2+ yrs

Salary – 3-4 LPA

Location –Guntur , Andhra Pradesh.

Responsibility

• Ensuring effective and efficient use of man hours of self and the team for the given jobs;
• Ensuring excellence, reliability and efficacy of the client deliverables;
• Adhering to timelines of the job and deliverables and follow up for proceeds.

Job Descriptions

Statutory Audit

• Assisting in preparation of Audit Plan and Programme for an audit assignment;
• Collecting data, checking and analysing the client data;
• Conducting review of General Ledgers;
• Allocating work/tasks to the team;
• Ensuring compliance with procedures, policies, legislation and regulations;
• Verifying the financial reports and records for accuracy and reliability;
• Preparing commentaries and obtaining client clarifications for resolving the same;
• Preparation of Financial Statements and Notes to accounts;
• Provision of Audit Jv's for rectification of errors;
• Preparation of Audit Reports, MRL's;
• Ensuring better presentation of Financial Statements adhering to requisite disclosures;
• Ensuring robust documentation for an audit assignment and maintenance of work papers;
• Conducting Meetings with Clients and audit team for updating of work status.

Internal Audit

• Conducting meeting with the Client for understanding the scope and risk areas;
• Preparation and plan and programme of the Internal audit for the given scope by the Client;
• Designing test of controls and techniques for the given scope;
• Examining the Internal controls and financial controls in the Organization;
• Preparing work papers for Test of Controls;
• Conducting walkthroughs, observations and analytical Procedures;
• Gauging the Gap in policies and standards with actual practise;
• Preparing Internal audit Reports;

Others

• Preparation of tender documents
• Preparation of Presentations;
• Undertaking special assignments;
• Conducting Tax Audits;
• Conducting, preparation and Reporting for VAT Audit;
• Verification of TDS calculations, returns;

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