Accounting associates or auditors are typically accountable for the audit and record keeping within their company. They review accounting and financial records to ensure they are accurate and make recommendations to their employers. The associate is also accountable to test internal auditing and accounting controls to make sure they're operating correctly. The daily responsibilities of an accounting or auditing associate are to study and analyze the accounting records of their company to ensure that financial procedures are adhered to, creating both external and internal financial audits, and presenting them to their company and to clients. The position is usually full-time, however the schedule can vary based on the season and the location of the job. The majority of time is spent in the office, interacting with others on the finance team as well as other employees of the company. Accounting associates or auditors generally work under the supervision of an auditing manager or the Chief Financial Officer (CFO). Accounting associate or auditing jobs typically require an undergraduate degree in accounting, and at least three years of experience in a finance-related environment. Certified public accountant (CPA) certification is highly recommended. A high level of oral and written communication skills are essential along with good organization and multi-tasking abilities. Accounting or auditing associates must be familiar with the auditing practices, too. The ability to use computers is essential.

The job role of an Associate in Accounting or Auditing Firms in India is expected to witness robust growth in the upcoming years. The market demand for professionals in this field is projected to steadily increase, providing numerous employment opportunities. Over the past 10 years, the job role has experienced consistent growth, and this trend is anticipated to continue. As per Google's latest data, there has been an upward trajectory in the demand for accounting and auditing services, indicating a positive outlook for this position. Considering these factors, prospects for aspiring Associates in Accounting or Auditing Firms in India appear quite promising.

How to Learn

As an Associate at an Accounting or Auditing Firm in India with 3-6 years of experience, here are the main responsibilities:<ul><li>Conduct detailed financial analysis and review of client's financial statements, ensuring accuracy and compliance with regulations.</li><li>Assist in the planning and execution of audit engagements, including risk assessment, control evaluation, and testing procedures.</li><li>Prepare tax returns and provide tax advisory services, staying updated on India's tax laws and regulations.</li><li>Maintain strong client relationships, address client queries and concerns, and provide timely and accurate financial advice.</li></ul>

Roles & Responsibilities

Average take home Salary for a Associate - Accounting or Auditing Firm in India is around £4919 per year

Salary Breakup

Accounting associates or auditors generally are responsible for the auditing process and record keeping within their company. They review accounting and financial records to ensure they are accurate and make recommendations to their employers. The associate is also accountable to test internal auditing and accounting controls to make sure they're operating correctly. The daily responsibilities of an accounting or auditing associate are to study and analyze the accounting records of their company to ensure that financial procedures are adhered to, creating both external and internal financial audits, and presenting them to their company and to clients.

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Associate - Accounting or Auditing Firm

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