Statutory Audit Full Time

Responsibilities

• Should possess sound technical knowledge of Indian GAAP, Ind AS as well as IFRS and working knowledge of US GAAP.
• Should have worked with reputed India firms (candidates from Big 4 firms or from industry with prior audit experience – not away for more than 2 years from audit – would be preferred).
• Can actively manage multiple small and/ or medium-sized engagements simultaneously, or a large multi-location engagement, involving on an average 3 or more staff. Adopts a holistic approach to the engagement by (a) understanding the rationale for the engagement; as well as (b) making a conscious effort to understand the client’s industry and business and (c) having skeptical and critical thinking
• Contribute to quality and timely reviews. Guiding the junior team members on timely basis.
• Negotiate billing (Fees & Expenses) schedules and raising invoices accordingly.
• Is able to actively define the scope of the engagement so as to maintain a balance between risk, effort, cost and expected value add to the client.
• Apply rigorous financial controls and focus on successful completion of agreed deliverables while maintaining quality and risk management priorities.

Mandatory Skill Sets

• Demonstrate thorough knowledge of the Audit Framework w.r.t:
• Sampling guidance
• Working paper requirements (including re-performance standards)
• Overall quality requirements
• Demonstrate ability to tailor and use appropriate methodology/ practice aids/work plan for use during a client engagement.
• Technical skills – recent amendments and regulatory requirements, ind AS, RBI regulations, IFCFR, basic understanding of SOX, basic understanding of ERP systems like SAP/tally Oracle, etc.
• Stay at the forefront of technical, industry and business issues, regulations and developments and maintain all required qualification(s)/ credentials.
• Demonstrate knowledge of risk management and the protection of intellectual assets including Firm policies and procedures; perform work in accordance with standards.
• Contribute to learning and education, design activity or instruct at training events. Other Skills

Preferred Skill Sets

• Thorough technical knowledge on Corporate Law, Accounting Standards, Auditing Standards, CARO, Companies Act.
• Basic knowledge of Indirect tax, FEMA and Transfer Pricing.
• General business awareness.
• Project management – leading the project from the front, timely execution and completion, ability to foresee project pain areas and work out alternate solutions.
• Address situations before they become crises and develop solutions to avoid recurrence.
• Good communication, interpersonal and presentation skills, ability to discuss with and handle senior management of clients; connecting well with clients and team members.
• Report writing – clarity of thought, articulation of observation/ issues, good command over written language.
• Involving in business development and contributing to sales – ability to prepare good proposals, effectively handle client presentations.
• General – self starter, highly committed, self motivated, driven by objectives and high value system.
• Working knowledge of MS Office – word, powerpoint and excel.

Year of experience required – 5 years+ relevant experience post Qualification Qualifications – Qualified Chartered Accountant (CA)