Assistant Manager - US Audit - Manufacturing & Agriculture

Role Overview:

We are looking for an experienced and detail-oriented Assistant Manager - US Audit with a minimum of 5 years of relevant experience in US audit engagements, preferably within the Manufacturing and/or Agriculture industries. The ideal candidate will have strong technical knowledge of US Generally Accepted Accounting Principles (US GAAP), US auditing standards, and financial reporting requirements.

The candidate will be responsible for managing audit assignments, reviewing financial statements and audit documentation, ensuring compliance with applicable accounting and auditing standards, and coordinating with clients and internal teams to deliver high-quality audit engagements within established timelines.

Key Responsibilities:

- Plan, execute, and manage US audit engagements in accordance with applicable US auditing standards and firm methodologies.

- Conduct risk assessments and develop audit strategies, audit plans, and testing procedures.

- Perform and review substantive testing, analytical procedures, and tests of internal controls.

- Evaluate audit evidence to identify material misstatements, accounting discrepancies, and potential compliance issues.

- Ensure audit documentation is complete, accurate, and compliant with professional standards.

- Apply strong knowledge of US GAAP in evaluating financial statements and accounting transactions.

- Review balance sheets, income statements, cash flow statements, and related disclosures.

- Assess complex accounting matters, including revenue recognition, inventory valuation, fixed assets, leases, provisions, and impairment.

- Identify accounting and reporting gaps and recommend appropriate corrective actions.

- Ensure financial reporting complies with applicable accounting principles and regulatory requirements.

- Manage audit procedures specific to manufacturing and/or agriculture clients.

- Evaluate inventory costing, work-in-progress, raw materials, finished goods, and cost of goods sold.

- Review fixed assets, depreciation, capital expenditure, and production-related costs.

- Assess internal controls over procurement, inventory management, production, sales, and financial reporting.

- For agriculture clients, evaluate relevant accounting areas such as biological assets, agricultural produce, inventory valuation, and related financial disclosures, as applicable under US GAAP.

- Understand industry-specific risks and assess their impact on financial statements.

- Review audit workpapers, supporting schedules, financial statements, and audit deliverables prepared by team members.

- Ensure audit findings are supported by sufficient and appropriate evidence.

- Identify control deficiencies and communicate significant findings to engagement leadership.

- Monitor audit progress, resolve review comments, and ensure compliance with quality standards.

- Assist in preparing audit reports, management letters, and recommendations for process improvements.

- Supervise, guide, and mentor audit associates and senior team members.

- Allocate work, monitor productivity, and ensure timely completion of audit assignments.

- Coordinate with US-based clients, finance teams, controllers, and other stakeholders to obtain audit evidence and resolve queries.

- Communicate audit observations, risks, and recommendations clearly and professionally.

- Manage multiple assignments and competing deadlines while maintaining audit quality.

- Assess financial, operational, and compliance risks affecting audit engagements.

- Evaluate the design and operating effectiveness of internal controls.

- Identify potential fraud indicators, control weaknesses, and unusual financial transactions.

- Recommend improvements to strengthen financial controls and reporting processes.

- Ensure compliance with applicable professional standards, engagement requirements, and internal policies.

Required Skills and Qualifications:

- Minimum 5 years of relevant experience in US audit engagements.

- Hands-on experience auditing clients in the Manufacturing and/or Agriculture industry.

- Strong knowledge of US GAAP and applicable US auditing standards.

- Experience in audit planning, risk assessment, substantive testing, and internal control evaluation.

- Proficiency in financial statement analysis, audit documentation, and workpaper review.

- Strong understanding of inventory accounting, revenue recognition, fixed assets, and cost accounting.

- Experience in managing audit deliverables, reviewing team work, and coordinating with clients.

- Excellent analytical, problem-solving, communication, and organizational skills.

- Ability to manage multiple engagements and meet strict deadlines.

- CPA, CA, ACCA, or an equivalent professional accounting qualification is preferred.

- Experience working with US-based clients or in a US audit delivery environment.

- Familiarity with audit software, ERP systems, and financial reporting tools.

- Experience supervising audit teams and handling engagement-level responsibilities.