Audit Analyst

Designation: Audit Trainee

Reports to TL/AM 

Company Overview:

 At QX Global Group, our purpose is toEnable Transformationfor our clients through bespoke solutions driven by the right combination ofPeople, Process, and Platform. We take pride in supporting organizations across diverse industries withexpertisebuilt over two decades. We believe our people are the true engine of our success. Since 2003, this philosophy has guided how we develop future-ready talent and deliver exceptional value through our integrated ecosystem ofconsulting, digital technologies, and business process management. With21 offices across 12 countriesand7 delivery centers in India,3300+QXiteswork closely with100+ enterprise clients, including Fortune 500 companies gaining global exposure, innovation opportunities, and cross-border collaboration. As a people-first organization, we continuously invest inAI upskilling, automation capabilities, and digital learning. Through initiatives like theQX AI Lab, our teams build new-age skills and stay ahead in a rapidly evolving world. We are proud to be aCertified Great Place to Work, fostering a culture where individuals grow, lead, and thrive. At QX, wedon’tjust build careers,we build empowered, future-ready professionals. Position Overview  The Audit Associate supports the delivery of highquality external audits in accordance with UK GAAP, IFRS, and ISA (UK). The role involves preparing audit documentation, performing detailed testing, reviewing financial disclosures, and assisting audit seniors in planning, execution, and finalisation of engagements. Essential Duties and Responsibilities •         Financial Statements & Lead Sheet Preparation

• Prepare summary lead sheets using underlying accounting records and roll forward prioryear figures. 
• Check grouping and mapping of trial balance accounts to financial statements and notes to ensure compliance with relevant accounting standards. 
• Assist in drafting and reviewing financial disclosures for accuracy and completeness. 

Audit Planning & Risk Assessment

• Create planning documents such as planning memorandums, analytical reviews, business understanding notes, and meeting minutes under guidance of audit seniors. 
• Support seniors in identifying significant risks and key areas of judgement for audit focus. 
• Assist in planning and finalizing audit areas for manager or partner review. 

   Execution & Fieldwork

• Perform sampling procedures based on materiality thresholds set for each caption. 
• Execute test of details and substantive procedures on account balances and transactions. 
• Identify issues, gaps, or missing information and track open items until resolution. 

   Documentation & Working Papers

• Prepare highquality working papers clearly documenting procedures performed, evidence obtained, and conclusions reached. 
• Ensure all documentation aligns with firm methodology, UK auditing standards, and internal quality policies. 
• Summarise key findings, issues, and recommendations for senior and manager review. 

   Internal Controls & Process Evaluation

• Evaluate internal controls by performing walkthroughs and control testing as required. 
• Identify control deficiencies or process gaps and communicate them to the senior auditor. 

   External Confirmations & ThirdParty Evidence

• Prepare and manage bank letters, intercompany confirmations, thirdparty confirmations, and other external verification requests. 
• Review responses for exceptions and follow up on outstanding items. 

   Governance & Compliance Review

• Review minutes of board meetings and committee meetings, summarising significant matters for senior and manager review. 
• Ensure that disclosures and audit considerations related to governance are appropriately captured. 

   Team Support & Collaboration

• Assist audit seniors in performing complex audit procedures for challenging or highrisk areas. 
• Collaborate with team members to ensure efficient completion of fieldwork within deadlines. 
• Communicate proactively with clients to address queries and obtain required information. 

Key Success Measures 

• Client–ClientSatisfaction, Associate Retention and Attraction 
• Financial – Reduced cost-to-serve/optimization, Profitability improvement 
• Operational – Defined Structure, ImprovedEmployee Value Proposition 
• People – Higher associate engagement, lower attrition 

Education,Skills & Experience 

• CA Inter, CA Final (pursuing) 
• Must have completed the prescribed Indian Articleship period (2 or 3 years, as applicable) into Statutory Audits, Ind-AS/IFRS experience preferred.
• Should possess clear working knowledge of accounts and expertise in Audits.
• Must have a strong foundation of the double entry system of bookkeeping  
• Strong analytical and problem-solving abilities to assess financial data and identify discrepancies  
• Excellent verbal and written communication skills to interact effectively with clients and team members  
• Should be able to deal with changing internal and external demands in an organised manner  
• Should be a quick learner, especially with accountancy and auditing software  
• Should have strong knowledge of MS Office applications 

Work Model and Training PeriodWok Model:•        Work from office for 6 months and then after Hybrid as per business requirement.Shift timings:•        12:30 PM IST – 10:00 PM IST - Indian Summers•        1:30 PM IST – 11:00 PM IST – Indian WintersTraining Period:•        3 months