Manager/Assistant Manager – Statutory Audit

Responsibilities:

Audit Planning and Execution:

– Plan and execute comprehensive audits of banks and NBFCs in accordance with auditing standards and regulatory requirements.

– Conduct risk assessment and develop audit programs to address key audit risks and objectives.

– Perform detailed testing of financial transactions, controls, and processes to ensure accuracy and compliance.

– A strong eye for detail is essential in auditing to ensure accuracy and completeness in reviewing financial records and identifying discrepancies or irregularities.

Regulatory Compliance:

– Review and assess compliance with regulatory requirements, including banking regulations, RBI guidelines, and accounting standards.

– Stay updated on regulatory changes and updates affecting the BFSI sector and incorporate them into audit procedures.

– Provide recommendations to clients for enhancing compliance and mitigating regulatory risks.

Financial Analysis and Reporting:

– Analyze financial statements, including balance sheets, statement of profit and loss, and cash flow statements, to identify anomalies, trends, and areas for improvement.

– Prepare detailed audit reports highlighting findings, recommendations, and observations for management and regulatory authorities.

– Communicate audit results and insights effectively to clients, addressing any concerns or queries they may have.

Stakeholder Management:

– Interact with key stakeholders, including senior management, audit committees, regulatory authorities, and client personnel, to discuss audit findings and recommendations.

– Build and maintain strong relationships with clients, demonstrating professionalism, integrity, and expertise in auditing.