Statutory Audit Role – Manufacturing/Bank/Real Estate – CA

Location: Andheri, Mumbai

Qualification: CA – Chartered Accountant

Department: Statutory Audit (Banks/Manufacturing/Insurance, Real Estate)

Company Type: CA Firm

Key Responsibilities:

1. Audit Execution & Management:

– Lead and independently execute Statutory Audits of Banks (central and branch audits) or Manufacturing Sector from planning to finalization.

2. Regulatory Compliance:

– Review financial statements, provisioning requirements, and asset classification to ensure absolute compliance with RBI guidelines, IRAC norms, Companies Act, and applicable Accounting Standards (AS / Ind AS).

3. Risk & Planning:

– Develop comprehensive, risk-based audit plans, design audit programs, perform risk assessments, and establish timelines for smooth execution.

4. Branch & Client Coordination:

– Independently handle large-scale branch audits, manage on-site client relationships, and address complex accounting and audit queries with client management.

5. Reporting & Finalization:

– Draft and finalize high-quality audit reports, long-form audit reports (LFAR), and management letters, ensuring timely closure of assignments.

Mandatory Skills & Qualifications:

1. Education:

– Qualified Chartered Accountant (CA).

2. Experience:

– Post-qualification experience, with demonstrable focus on Statutory Audits of Banks.

3. Technical Knowledge:

– Deep understanding of RBI regulations, PCA framework, IRAC norms (Income Recognition and Asset Classification), Ind AS (specifically Ind AS 109 for Expected Credit Loss – ECL), and ICAI Standards on Auditing.

4. Travel Flexibility:

– Willingness to travel to client sites and bank branches across regions as mandated by audit schedules.

Working Days: Mon-Sat (2nd & 4th Sat off)

Working Timings: 10:00 AM – 7:00 PM