Senior Audit

Job Purpose: 

Responsible for the successful direction and execution of audit engagements, as well as working as a member or supervising member of audit teams on large, complex projects. Depending on engagement, reports to one or more member(s) of the audit senior management team, while managing and directing daily activities of more junior auditors. Goals & Objectives: Somewhat broad and general, but also indicates what incumbents should be accomplishing. This section provides key criteria for setting performance objectives.

1. Plan, schedule, complete and review audit engagements independently.

2. Manage the more complex areas of an engagement, offering critical insight and analysis.

3. Supervise, coach , direct and review the work of others.

4. Begin to develop reputation internally and externally as a subject matter expert and sought after advisor.

5. Begin to understand and develop marketing goals.

6. Begin to develop relationships with referral sources.

Duties and Responsibilities: 

 Have a thorough understanding of generally accepted accounting / auditing standards, , the AICPA Compilation and Review Standards, common accounting /audit procedures & techniques, and the firm's quality control standards.

 Apply knowledge of internal controls and clients' business to identify risk and make appropriate recommendations to Manager, Principal or Shareholder.

 Supervise staff auditors assigned to engagements, providing guidance and overall review of deliverables.

 Ensure audit conclusions are documented appropriately and based on sufficient audit evidence given the associated level of risk.

 Develop audit programs and testing procedures relevant to risk and test objectives.

 Obtain and review evidence ensuring audit conclusions are well-documented.

 Complete or review engagement programs and audit risk assessments for approval.

 Prepare and/or review workpapers, letters and financial statements, including footnote disclosures.

 Work with the client to resolve problem areas or issues discovered during the audit process.

 Have a thorough understanding of the client's business process and accounting system(s).

 Effectively use firm audit software to review and compile financial information.

 Complete engagements within budgeted hours.

 Responsible for the completion of engagements by client due dates.

 Command balance over charge hours and investment hours.

 Complete billings before due date.

 Pursue charge hour goal.

 Other duties as assigned.

Key Technical Skills and Knowledge:.

 Bachelor's degree in Accounting or related field.

 CPA .

 Public Accounting experience of at least three years, or equivalent industry experience.

 Proficiency in Microsoft Office Word and Excel.

 Excellent interpersonal skills, as well as excellent written and verbal communication skills.

 Thorough understanding of GAAP.
 
Key Success Factors: 

 Knows what needs to be done to get the engagement across the goal-line and is knowledgeable and confident enough to get there.

 Demonstrates trustworthy behavior in all actions and work product, including budgeting, billing and the advice and council given to more junior audit staff.

 Ability to proactively engage and communicate and build a professional, trusted relationship with all levels of an organization.

 The person in this role will not only be doing, but reviewing, so it's mission critical to catch the mistakes and errors of others, showing and teaching them so that they can improve.

 Inspire client's confidence and trust by communicating and demonstrating audit expertise that is applicable to that individual clients business.

 Continue to keep up-to-date on relevant changes, as well as CPE requirements, but also to let that knowledge flow down to more junior members of the audit staff.

 To have a deep knowledge of the clients business and any changes in their industry in order to offer them proactive business planning and advice.

 Understand the scope of the clients business, as well as engagement parameters, in order to plan and budget appropriately.

 Effectively delegate and manage all the pieces of an engagement.

Competency Model: 

Manage Work: Plan, schedule, organize, delegate and direct the work of self and others, setting challenging yet achievable goals that balance task requirements and individual abilities.

Resolve Conflict: Use appropriate interpersonal styles and techniques to reconcile differences, sizing up situations quickly and taking appropriate action.

Assure Quality: Demonstrate a high level of care and thoroughness, checking work of self and others to ensure completeness and accuracy.

Tolerate Stress: Maintain effective performance under pressure; handle stress in a manner that is acceptable to others and to the organization.

Coach/Develop Others: Help support the development of others by providing timely guidance and feedback helping them strengthen the knowledge/skills needed to develop and excel.

Collaborate: Build constructive working relationships with a diverse set of clients, internal stakeholders, and the community, to meet mutual goals and objectives.
 
Location - Mumbai, Goregaon (Hybrid)
Working days - Monday to Friday
Timings - 12:00noon-9:00pm

---