Audit Lead

Key Responsibilities 1. Statutory Audit Execution & Review • Lead statutory audits of private limited companies, LLPs, partnerships, trusts, and subsidiaries. • Review financial statements, notes, CARO reporting, and disclosures as per Companies Act. • Evaluate internal controls, processes, and accounting policies. • Ensure timely completion of audit reports and documentation compliance. 2. Tax Audit (Form 3CD) • Oversee planning, execution, and review of tax audit reports. • Review books of accounts, TDS/TCS compliance, depreciation, dis allowances, and audit clauses. • Resolve complex 3CD reporting issues and maintain audit trail documentation. 3. GST Audit & Compliance (as applicable) • Review GST workings, reconciliations (GSTR -2A/2B, 3B, 1), ITC eligibility, and adjustments. • Guide teams on audit observations and corrective controls. • Support clients during departmental queries, audits, and assessments. 4. Audit Planning & Methodology • Prepare annual audit calendars, staffing plans, and client communication protocols. • Risk -based scoping, sampling techniques, and review frameworks. • Standardize checklists, documentation templates, and review matrices. 5. Team Leadership & Training • Supervise, mentor, and guide Assistant Managers, Seniors, and Articles. • Conduct technical training on Ind -AS basics, ICAI Standards on Auditing, GST, and tax laws. • Review working papers and provide technical feedback to improve team capability. 6. Regulatory & Compliance Oversight • Ensure compliance with: o Companies Act 2013 o Income Tax Act & Rules o GST Acts & Rules o ICAI Auditing Standards o CARO 2020 reporting • Track regulatory changes, update firm SOPs, and circulate knowledge notes. 7. Client Relationship Management • Serve as the primary audit escalation point for client CFOs and finance heads. • Conduct kick -off meetings, progress updates, and closure presentations. • Build strong client trust through guidance and professional skepticism. 8. Assessment, Scrutiny & Litigation Support • Assist clients during: o Income Tax assessments o GST department inquiries o Audit queries o Notices and reconciliations • Provide documentation support and representation preparation. 9. Workpaper Finalization & Documentation Hygiene • Ensure all documentation is properly archived as per SA 230 guidelines. • Conduct internal peer reviews and quality checks.Requirements Required Skills & Competencies • Strong technical knowledge of: o ICAI auditing standards o Schedule III Formats o CARO reporting o Clause -wise 3CD reporting o Section -wise GST implications • Robust understanding of internal financial controls (IFC). • High discipline toward planning, review cycles, and audit trails. • Ability to identify material misstatements, non -compliances, and control weaknesses. Tools & Technical Exposure (Preferred) • Tally Prime • Busy/Zoho/Microsoft ERP/QuickBooks (optional) • Excel (Advanced) – Index -Match, Pivot Tables, Reconciliations • Audit management tools (if applicable) Experience Profile • Minimum 7–12 years of post -qualification experience in audit practice. • Prior mid -tier audit firm leadership experience preferred. • Experience managing multiple concurrent statutory/tax assignments. • Exposure to assessment proceedings advantageous. Key Performance Indicators (KPIs) • Timely completion of statutory/tax audits • Zero/Reduced repeat audit observations • Compliance accuracy (Tax/GST/TDS) • Audit quality scores & review remarks • Reduction in client penalty risk • Team training & performance uplift • Client satisfaction & retention • Timeliness of CARO/3CD sign -offs • Documentation discipline & SA adherence Behavioral Traits • Strong professional ethics & confidentiality • Analytical thinking and structured problem -solving • Ability to challenge positions tactfully • Calm under scrutiny pressures • High ownership and accountability Soft Skills • Executive communication with partners & CFOs • Team motivation and mentoring capability • Conflict resolution & escalation handling • Process improvement mindset