Statutory

Key Responsibilities

• Plan, execute and manage Statutory Audit assignments for clients across various industries.
• Lead audit teams and allocate work to Articles, Audit Assistants and Seniors.
• Review financial statements, books of accounts, ledgers, schedules and supporting documents.
• Perform audit procedures including substantive testing, analytical review, vouching and verification.
• Evaluate internal financial controls and identify areas of financial and operational risk.
• Ensure compliance with Companies Act, Accounting Standards/Ind AS, Standards on Auditing issued by ICAI and other applicable regulations.
• Review audit working papers and ensure proper audit documentation.
• Identify audit issues and discuss observations with clients and management.
• Prepare/review audit reports, management letters and audit deliverables.
• Coordinate with clients for audit requirements, information and clarifications.
• Ensure timely completion of audits as per engagement deadlines.
• Handle multiple audit assignments independently and report the status to Partners.
• Guide, train and supervise junior team members and article assistants.
• Assist Partners in resolving complex accounting, reporting and audit matters.
• Maintain strong professional relationships with clients.

Required Skills

• Strong knowledge of Statutory Audit and Financial Reporting.
• Good knowledge of Companies Act, Ind AS/Accounting Standards and ICAI Standards on Auditing.
• Strong analytical and problem-solving skills.
• Excellent MS Excel and audit documentation skills.
• Good client-handling and communication skills.
• Ability to lead and manage an audit team.
• Ability to work independently and meet strict deadlines.

Key Competencies

Statutory Audit | Audit Planning | Financial Reporting | Ind AS | Internal Controls | Risk Assessment | Audit Documentation | Team Management | Client Management | Regulatory Compliance