Audit Manager
2 days ago
Role Objective
To independently plan, execute, and finalize statutory audits of companies across industries, manage a team of audit executives/seniors, ensure compliance with applicable standards and statutes, and act as the primary liaison between the Firm and the client, reporting directly to the Managing Partner.
Key Responsibilities
Engagement Planning & Execution
Develop audit plans, audit programs, and timelines for statutory audits.
- Conduct risk assessment, materiality determination, and sampling plans.
Ensure audits are executed in accordance with Standards on Auditing (SAs), Companies Act, 2013, and relevant statutes.
Review & Quality Control
Review working papers, lead schedules, trial balance analyses, and audit documentation prepared by the team.
- Ensure appropriate audit evidence is obtained and properly documented.
Drive adherence to the firms quality and documentation standards.
Client Management
Act as the first point of contact for client CFOs/finance heads during audits.
- Resolve audit issues, accounting differences, and disclosure matters promptly.
Escalate high-risk/qualification matters to the Managing Partner with proposed resolutions.
People & Delivery Management
Lead, mentor, and train junior audit staff; allocate work and monitor utilization.
- Ensure timely completion of assignments within budgeted hours.
Support in developing SOPs, checklists, and audit templates for the team.
Technical & Regulatory
Keep updated on IND AS/IGAAP changes, Schedule III disclosures, CARO, and industry-specific requirements.
Assist in preparing audit reports, management letters, and internal control observations.
Firm Development (as assigned)
Support in peer review / internal audit quality reviews.
- Participate in strengthening the statutory audit practice.
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