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.
- Robust 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.

📌 Senior Associate-CAAS (Gurugram)
🏢 HBK CONNECT
📍 Gurugram