Statutory Audit-3-6-Andheri East

13 hours ago

New Delhi, India Mangalam Placement Pvt Ltd. Full time

Role : Statutory AuditQualification : CALocation : Andheri EastExperience : 3 to 6 yearsJob Description :Ind AS o Apply knowledge of Ind AS in financial statement audits, including areas like revenue recognition, financial instruments, business combinations, leases, impairment, and employee benefits.• Consolidation o Evaluate consolidation workings of group entities, including adjustments for subsidiaries, associates, and joint ventures. Preparation of complicated consolidation as per Ind AS and schedule III o Assist in group audit reporting (as per Revised SA 600), including communication with component auditors.• Group Audits & Coordination o Work on group audits, ensuring proper coordination with network firms/component auditors. o Review reporting packs and consolidation schedules for compliance with Ind AS and Group reporting requirements.• Audit Execution & Supervision o Lead statutory audits, limited reviews, and other assurance engagements in accordance with SAs and firm methodology as per SQC 1. o Handle end-to-end execution of audit assignments including planning, risk assessment, sampling, testing, and documentation. o Review working papers prepared by junior staff and provide guidance. o ICFR testing and CARO.• Quality & Compliance o Ensure audits are executed in compliance with SAs, SEBI/Limited Review Guidelines, and ICAI/NFRA pronouncements. o Identify audit issues and prepare well-documented audit findings for discussion with managers/partners. o Maintain audit quality and meet deadlines under planned schedules.• Client Management & Communication o Develop and maintain strong working relationships with client personnel. o Discuss key audit findings and recommendations with client management. o Support in preparation of audit deliverables such as management letters, CARO reporting, and audit reports.• Team Development o Mentor and train junior staff on Ind AS, consolidation, and audit methodology. o Assist in internal knowledge-sharing sessions on technical updates.

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