Manager - Statutory Audit - BFSI

JOB DESCRIPTION :

Your job responsibilities will include :

The execution role of the Assurance Manager would be to finalize the above-mentioned audits and reviews. The role will also include:

Peer Review :

Final check on :

- Quality of delivery

- Application of service delivery methodologies

Practice development :

- Implementing and maintaining service delivery methodologies

- Ensuring uniform audit practices across the firm

- Updating manuals and methodologies keeping in mind the dynamic environment

- Uniform implementation of Auditing Standards across the firm

- Developing methodologies for new areas practices

- Standardization of procedures for existing work

- Preparing partners meeting presentation

- Preparing for regular Partner manager meeting

- Planning for all audit clients and coordination with other departments

- Monitoring Project management for all clients within audit

- Research updation

- Technical support to own and other practices

- Implementation of software tools for audit

- Releasing alerts on regular basis

Administration :

- Planning & Scheduling of engagements and staff

- Engagement profitability

- Billing & Collection

- Preparation of Budgets for the Practices

- Budget V/s Actual comparison and analyze the reasons

- Preparation of Business Plan for the Practice

- Business development

- Client relationships

- Relationships are properly maintained

- Quality of delivery

- Timeliness of delivery

- Revision in fees

- Regular meetings with clients

- Pricing strategy

- New products

- Presentations

- Sales materials

- Sales pitches

- Review of Flyers

- Proposals

- Pipeline management

- Engagement acceptance terms

Training :

- Developing a training module for staff and ensuring that the same is adhered to

- Induction training

- Staff training on technical matters

- Soft skill training for staff

- Outside training at seminars

Resource Management :

- Staff Appraisals

- Interviews

- Training

- Increments

- Proper Job descriptions based on the work being handled

- Building teams

Employee Retention :

- Review of efficient and effective planning, selection and team management of all resources throughout the year including temporary resource redeployment within team / with other departments,

- Building of team morale and motivate people in the team and firm,

- Address issues at emotional / infrastructural level at work being faced by teams, take responsibility for team building and motivation of teams

- Identifying training needs of teams and assist in skill building where deficiencies identified,

- Ensure on-boarding and process training happens for new employees

- Perform timely appraisal and provide balance between firm and employee aspirations

- Develop the next manager, and other subordinates for the next levels

Crisis Management :

- Resolve by providing upfront solutions under engagement / practice crisis situations

Core Competencies :

- Service Orientation - Should be aware of both - the internal as well as external customers and their needs; and is committed to meeting the customers' evolving, long-term needs - the focus is on SERVICE

- Result Orientation - Should be able to direct efforts towards developing and implementing realistic action plans to meet business objectives; with a sense of urgency - the focus is on achieving RESULTS

- Initiative - One must not only understand and accept the responsibilities towards his/her job; but also proactively works towards identifying challenges and its resolution - the focus is on seeking SOLUTIONS

- Professionalism - Should have in-depth knowledge of all functions and displays not only required skill-set, but also ethics and integrity while conducting the job - the focus is on PROFESSIONALISM

- Cooperation - One must ensure completion of all tasks at hand and simultaneously extends support to team members and displays joint ownership towards achieving business objectives - the focus is on TEAMWORK

- Communication/Feedback - Should believe in providing feedback to other associates and receiving feedbacks to enhance performance, thereby meeting business objectives - the focus is on OPEN COMMUNICATION

DESIRED CANDIDATE PROFILE :

- 7+ years of experience in the following areas is essential

- Specialist knowledge of Statutory Audit of Companies / Firms / Banks etc.

- Audit of Government Companies appointed by the CAG

- IFRS Convergence

- Group reporting

- US GAAP conversion from Indian GAAP

- Concurrent audit of Banks - only large forex and investment divisions only

- BFSI audit experience

- Knowledge & exposure to the following areas will be an added advantage

- BFSI experience - Statutory, internal and concurrent

- Certification work including remittance certificates

- Limited Review

- Tax Audits

- XBRL

- Proven supervisory / leadership abilities

- Excellent written and spoken communication skills including legal/technical drafting

- Excellent interpersonal skills and good analytical / process skills