Job Title: Audit Associate
About the Role: The Audit Associate is an entry-level position within the Finance and Accounts function, based in Mumbai, Maharashtra. The role involves supporting audit activities by reviewing financial records, ensuring compliance with internal policies and regulatory standards, and maintaining accurate documentation. This position aims to develop foundational skills in auditing, compliance, and financial controls, with opportunities for career growth.

Key Responsibilities: Routine Execution - Assist in internal and external audit assignments - Review financial transactions and supporting documents - Conduct basic audit checks and compliance verifications - Prepare and maintain audit working papers and documentation - Organize audit findings and evidence systematically Coordination - Collaborate with internal teams to gather required data and documents - Follow up with departments for audit-related information - Support scheduling and execution of audit activities - Communicate audit requirements to relevant stakeholders Problem-Solving - Identify discrepancies, irregularities, or non-compliance issues - Support investigations into audit findings - Validate financial data and supporting evidence - Suggest improvements in internal controls and processes Role Growth - Learn auditing standards, procedures, and compliance frameworks - Develop understanding of financial controls and risk management - Enhance analytical skills for pattern and issue identification - Progress from supporting tasks to independently handling audit sections

Key Skills & Qualifications: - Bachelor's degree in Commerce, Accounting, Finance, or related fields - CA/CPA/ACCA (pursuing or completed) is preferred; MBA (Finance) is a plus - 0–1 year of experience; internships or academic exposure to auditing or accounting is advantageous - Basic understanding of accounting and auditing principles - Knowledge of financial statements (basic level) - Proficiency in Excel and data analysis - Attention to detail and accuracy - Good communication and coordination skills - Ability to follow structured processes and guidelines - Willingness to learn and adapt
Special Requirements: - High integrity and ethical standards - Strong analytical and logical thinking - Ability to work within defined timelines - Confidentiality of financial information - Familiarity with accounting software or ERP systems (SAP, Oracle, Tally) is optional - Exposure to audit procedures, internal controls, or risk assessment concepts is advantageous - Willingness to build a career in auditing and compliance Summary: The Audit Associate supports audit processes by verifying financial data, ensuring compliance, and maintaining detailed documentation. The role emphasizes accuracy, adherence to procedures, and professional growth within the finance and audit domain. Performance Expectations: - Accurate and complete documentation - Timely completion of audit tasks - Identification of discrepancies and compliance gaps - Effective communication of findings - Continuous learning and skill development Career Progression: Audit Associate ? Audit Executive / Auditor ? Senior Auditor / Audit Analyst ? Audit Manager / Manager – Audit, Risk & Compliance The salary range is competitive within the industry, aligned with experience and performance.