Senior Associate-CAAS

The Senior Associate, Client Accounting and Advisory Services (CAAS), will be responsible for

managing accounting and financial reporting activities for a diverse portfolio of clients, including

non-profit organizations. The role involves overseeing day-to-day accounting operations, preparing financial reports, supporting client onboarding, ensuring compliance with U.S. GAAP, and collaborating with U.S.-based teams to deliver high-quality client service. The individual will also provide guidance to junior team members and contribute to process improvement initiatives.

Key Responsibilities

1. Client Service & Engagement Support

• Manage day-to-day accounting activities for assigned client engagements across various industries, including non-profit organizations.
• Coordinate directly with the U.S. team to obtain necessary financial information, supporting documentation, and clarifications.
• Support Assistant Managers in managing client relationships and ensuring a high level of client satisfaction.
• Monitor engagement progress and ensure the timely completion of assigned deliverables.
• Identify accounting discrepancies, communicate potential issues, and escalate complex matters to Assistant Managers.
• Participate in client meetings and internal discussions, as required.
• Identify opportunities to improve delivery service and enhance the overall client experience.

2. Client Onboarding Support

• Support Assistant Managers in executing the end-to-end client onboarding process.
• Coordinate the collection and review of client documentation, historical accounting records, and system access requirements.
• Review existing accounting records and identify discrepancies, process gaps, and potential transition risks.
• Assist Assistant Managers in developing onboarding schedules, transition plans, and workflow documentation.
• Prepare and maintain Standard Operating Procedures (SOPs) and client-specific process documentation.
• Ensure proper documentation and a smooth transition of accounting activities during client onboarding.

3. Accounting & Financial Reporting

• Independently handle day-to-day bookkeeping and accounting activities, including recording journal entries and maintaining general ledger accounts.
• Prepare and review bank reconciliations, balance sheet reconciliations, and other account schedules.
• Manage monthly, quarterly, and annual closing activities for assigned client engagements.
• Prepare and review draft financial statements, supporting schedules, and management reports.
• Analyze account balances and financial information to identify unusual fluctuations, discrepancies, and potential accounting issues.
• Ensure the accuracy and completeness of financial records and supporting documentation.
• Assist Assistant Managers in reviewing financial statements and resolving complex accounting matters.
• Support budgeting, forecasting, cash flow tracking, and management reporting activities.
• Ensure compliance with U.S. GAAP and applicable firm accounting policies and quality standards.

4. Non-Profit Accounting

• Handle day-to-day accounting activities for non-profit organizations.
• Prepare and review fund accounting and grant accounting schedules.
• Monitor donor-restricted and unrestricted funds and ensure appropriate accounting treatment.
• Assist in tracking grant expenditures and reviewing program-wise expense allocations.
• Maintain accurate accounting records for donations, grants, and program-related expenses.
• Prepare supporting schedules for non-profit financial statements and regulatory reporting.
• Assist in preparing audit schedules and supporting documentation for non-profit engagements.
• Identify and communicate non-profit accounting issues to Assistant Managers for further review.

5. Team Coordination & Development

• Provide day-to-day guidance and technical support to Associates in executing accounting activities.
• Review work performed by Associates to ensure accuracy, completeness, and compliance with established procedures.
• Provide constructive feedback and help team members improve their technical and professional skills.
• Allocate and coordinate routine accounting tasks within the team under the guidance of Assistant Managers.
• Monitor task progress and follow up with team members to ensure the timely completion of deliverables.
• Assist Assistant Managers in identifying training needs and supporting team development initiatives.
• Promote teamwork, knowledge sharing, and adherence to established accounting practices.

6. Process Improvement & Compliance

• Ensure adherence to established accounting policies, procedures, internal controls, and firm quality standards.
• Identify recurring accounting issues, process gaps, and opportunities for automation and operational efficiency.
• Assist in implementing process improvements and standardization initiatives across client engagements.
• Maintain appropriate engagement documentation, accounting records, and supporting schedules.
• Support audit requests by coordinating and preparing reconciliations, financial schedules, and relevant supporting documentation.
• Ensure compliance with client-specific requirements and applicable accounting standards.
• Monitor engagement deadlines and proactively communicate potential delays or operational challenges to Assistant Managers.
• Assist in maintaining and updating accounting SOPs and process documentation.

Required Skills & Qualifications

• Bachelor's degree in accounting, Finance, Commerce, or a related field.
• MBA, U.S. CMA, or an equivalent professional qualification is preferred.
• 3–5 years of relevant experience in accounting, bookkeeping, financial reporting, or client accounting services.
• Strong understanding of U.S. GAAP and accounting principles.
• Good knowledge of general ledger accounting, account reconciliations, month-end closing, and financial statement preparation.
• Working knowledge of non-profit accounting, fund accounting, grant accounting, and donor-restricted funds is preferred.
• Experience working with accounting software such as QuickBooks Online, Sage Intacct, or other cloud-based accounting platforms.
• Strong proficiency in MS Excel and other Microsoft Office applications.
• Ability to independently manage multiple client accounting assignments and meet engagement deadlines.
• Good analytical, problem-solving, and financial review skills.
• Strong written and verbal communication skills.
• Prior experience in reviewing the work of junior team members and providing technical guidance is preferred.

Key Competencies

• Strong accounting and financial reporting knowledge.
• Client service orientation and relationship management skills.
• Analytical thinking and problem-solving abilities.
• Attention to detail and commitment to quality.
• Team coordination and mentoring skills.
• Effective time management and task prioritization.
• Ownership and accountability for assigned engagements.
• Ability to work independently and take initiative.
• Effective communication and stakeholder coordination.
• Willingness to learn, adapt, and continuously improve.

What We Look For:

We are seeking a detail-oriented and proactive accounting professional with strong financial reporting and analytical skills. The ideal candidate demonstrates a solid understanding of accounting principles, a commitment to delivering high-quality client service, and the ability to manage multiple priorities in a fast-paced environment. Strong communication, collaboration, and problem-solving abilities, along with a willingness to learn and take ownership of responsibilities, are essential for success in this role.