Audit Partner
1 week ago
Job Title: Partner – Audit & Assurance / Statutory Audit Location: Mumbai Department: Audit & Assurance Reports to: Managing Partner About the Company Bhuta Shah & Co LLP, is a progressive Chartered Accountants Firm known for continuous innovation. We provide value-added services aimed at giving our clients a competitive edge in a rapidly evolving market. Our expertise spans Tax and Regulatory Services, Audit and Assurance Services, Risk and Advisory Services, Corporate Finance Advisory Services, and FEMA Regulatory services. Our global network and extensive knowledge databases allow us to deliver world-class services to our clients. Role Overview: We are looking for a dynamic and experienced Partner – Audit & Assurance / Statutory Audit to lead and grow our Audit practice. The ideal candidate will oversee statutory audit assignments, ensure technical excellence, manage client relationships, and drive business development initiatives. This leadership role is suited for a results-driven professional who can balance operational delivery with strategic growth and team mentorship. Key Responsibilities: 1. Practice Leadership & Quality Management - Lead and oversee the firm’s Audit & Assurance function across multiple clients and industries. - Ensure high-quality execution of statutory audits, tax audits, and limited reviews as per ICAI and Companies Act standards. - Implement and maintain strong internal quality control systems and audit methodologies. - Review final deliverables (financial statements, audit reports, CARO, etc.) for accuracy and compliance. - Ensure consistent adherence to deadlines and firm policies. 2. Business Development & Client Relationship Management - Drive business growth by acquiring new clients and expanding services with existing ones. - Identify cross-functional opportunities within the firm (Taxation, Advisory, Risk, etc.). - Build and nurture relationships with promoters, CFOs, and senior management of client organizations. - Represent the firm in professional and industry forums to enhance visibility and credibility. - Contribute to strategic planning and positioning of the firm in the marketplace. 3. Team Leadership & People Development - Lead a team of Managers, Seniors, and Articles, ensuring proper delegation, review, and supervision. - Mentor and coach team members on audit methodology, client handling, and professional conduct. - Foster a collaborative, growth-oriented work culture focused on performance and learning. - Involve in recruitment, capability building, and succession planning for the practice. 4. Technical Advisory & Compliance - Stay updated on latest developments in auditing, accounting, and regulatory requirements (IND AS, IFRS, CARO, Companies Act, etc.). - Provide technical guidance and advice to clients on complex financial reporting issues. - Assist in preparing technical notes, audit tools, and knowledge resources for the firm. - Liaise with external regulators or authorities (ROC, MCA, ICAI) as required. Key Skills & Competencies: - Strong technical knowledge of auditing standards, accounting principles, and regulatory compliance. - Excellent communication, presentation, and negotiation skills. - Proven leadership ability and experience in managing multi-level teams. - Entrepreneurial mindset with strong business development orientation. - High integrity, accountability, and client service focus. Qualification & Experience: - Qualified Chartered Accountant (CA) – mandatory. - 12–20 years of post-qualification experience in Statutory / Audit & Assurance services, preferably with a reputed mid-tier or large CA firm. - Demonstrated experience in handling multiple clients and industries. - Prior experience in client acquisition, BD initiatives, and team leadership.
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