Manager - Audit & Assurance - CA

1 Manager: Audits & Assurance

Location: Bengaluru

Qualification: CA

Requirement : Audit - 2 CAs

Experience : 5years

Questions for Statutory audit:

1. What is your experience in Audit firm

2. What type of industries you have worked in and how many years - what was the role there

3. Hold on IFC matrix, SOP, Flow charts - hands on experience

4. Have you worked on Ind AS/ IFRS financial statements - give some reference of companies and work done there

5. What are you strengths and weakness

6. What is the size of team: how many seniors and juniors

7. Whom were you reporting to and what is their designation

Roles & responsibilities:

- Consideration of alternative generally accepted accounting procedures (GAAP) - Ind AS, IGAAP, IFRS, USGAAP etc.

- Drafting potentially complex financial statements and appropriate disclosures

- Documenting, validating, testing and assessing all areas of the financial statements, including client control systems

- Starting to perform a detailed review of staff's work.

- Supporting the Manager, Senior Manager, Principal, Partner in audit scheduling & Planning and for various initiatives

- Resource planning

- Execution of assignment as per the audit plan/programme

- Reporting/Escalating major issues/developments to higher levels

- Preparation & maintenance of various office records

- Compliance with Audit Manual

- Assessment of Quality of work performed by subordinates, Monitoring Team's Performance and Ensuring timely completion of audit assignments

- Office administration: Client follow-up, Billing, Costing, Preparing, reviewing & submission of office control sheets, Updating office records/procedures

Skill set:

- Have the ability to identify and implement new pronouncements to client situations and you are skilled enough to begin developing others

- Are also able to present and discuss alternative GAAP and arguments for/against such alternatives

- Have the ability to formulate and communicate the audit plan

- Are able to identify critical control points and to document and validate internal control systems

- Can assess the effectiveness of internal control systems

- Are able to work alongside business development

Desired Profile:

- 6-8 years of experience in audit firm

- Qualified CA with good academic record

- Good verbal and written communication skills

- Client-facing experience is preferred

- Should be willing to travel

- High level of organizing, documenting, record keeping and publishing skills Inquisitive approach towards all assignments

Designation: Associate Manager Statutory Audit

Years of experience:2-3 years

CA with Only Articleship experience

Job Description:

- To Carry Out Operational, Financial, Process And Systems Audits Designed To Review And Appraise Its Activities, Systems And Controls, Which Includes:

- Identifying Accounting & Auditing Issues; Discuss With Audit In-Charge To Solve Issues That Arise,

- To Carry Out Substantive Testing Of Appliances In Accordance With The Audit Plan Formulated & Appropriately Document All Work Performed,

- Identifying Improvements To Control Systems And Procedures

- Presenting Audit Reports Clearly Highlighting Key Audit Recommendations To Management,

- Preparing & Maintaining Statutory Books Of Accounts, Audit, Reconciliation Of Account Receivable & Payable, Finalization Of Accounts,

- Assist The Seniors In Reviewing & Checking The Financial Statements & Preparation Of The Audit Report, Management Comment Letter & Management Representation Letter