Z-1704 | Assistant Manager/ Manager - Statutory Audit

BANK AUDIT / NBFC AUDIT MUST

. Position Responsibilities

Ind AS

1. Apply knowledge of Ind AS in financial statement audits, including areas like revenue recognition, financial instruments, business combinations, leases, impairment, and employee benefits.

1. Evaluate consolidation workings of group entities, including adjustments for subsidiaries, associates, and joint ventures.
2. Preparation of complicated consolidation as per Ind AS and schedule III
3. Assist in group audit reporting (as per Revised SA 600), including communication with component auditors.

1. Work on group audits, ensuring proper coordination with network firms/component auditors.
2. Review reporting packs and consolidation schedules for compliance with Ind AS and Group reporting requirements.

1. Lead statutory audits, limited reviews, and other assurance engagements in accordance with SAs and firm methodology as per SQC 1.
2. Handle end-to-end execution of audit assignments including planning, risk assessment, sampling, testing, and documentation.
3. Review working papers prepared by junior staff and provide guidance.
4. ICFR testing and CARO.

1. Ensure audits are executed in compliance with SAs, SEBI/Limited Review Guidelines, and ICAI/NFRA pronouncements.
2. Identify audit issues and prepare well-documented audit findings for discussion with managers/partners.
3. Maintain audit quality and meet deadlines under planned schedules.

1. Develop and maintain strong working relationships with client personnel.
2. Discuss key audit findings and recommendations with client management.
3. Support in preparation of audit deliverables such as management letters, CARO reporting, and audit reports.

1. Mentor and train junior staff on Ind AS, consolidation, and audit methodology.
2. Assist in internal knowledge-sharing sessions on technical updates.