Quality Management Professional - Statutory Audit

- Preparation of Quality Control Manuals/ Policies/ Procedures and ensuring its implementation across Assurance department including timely updation. Reviewing the ISQM1 controls at the firm level including designing

- Responsibilities: Quality Assurance: Develop and implement a robust quality assurance framework for statutory audit engagements. Conduct regular reviews and assessments to ensure compliance with auditing standards and regulations.

- Process Improvement: Identify opportunities for process improvements in the statutory audit function. Implement changes to enhance efficiency, effectiveness, and quality in audit processes. Training and Development: Provide training and guidance to audit teams on quality management principles, statutory requirements, and best practices. Facilitate continuous learning initiatives to keep audit professionals updated on industry standards.

- Audit Methodology: Develop and update audit methodologies to align with changes in regulations, standards, and business environments. Ensure consistent application of audit methodologies across engagements. Documentation Standards: Establish and enforce documentation standards for audit workpapers and reports. Review audit documentation to ensure completeness, accuracy, and compliance with established standards. Quality Reviews: Conduct regular reviews of completed audit engagements to assess the quality of work performed. Provide constructive feedback to audit teams to drive improvement.

- Communication with Stakeholders: Communicate quality management initiatives, policies, and outcomes to senior management, audit teams, and external stakeholders. Address inquiries related to quality management from clients and regulatory bodies. Risk Management: Identify and mitigate risks associated with the quality of statutory audits. Collaborate with internal and external stakeholders to address and resolve quality-related issues.

- Regulatory Compliance: Ensure compliance with statutory and regulatory requirements related to auditing standards and quality management. Stay informed about changes in relevant regulations and standards.

- Required Candidate profile :

1. Basic knowledge of the standards on Quality Management

2. Strong written and oral communication;

3. Good knowledge of MS Excel;

4. Good hands-on preparation of PPTs;

5. Ability to work in a team.