Senior Manager - Audit

Job Title : Senior Manager

Location : Mumbai

Exp : 4 + Years

Education : CA/MBA

Responsibilities:

- Exposure to Multiple Financial Service Entities: Auditors get the opportunity to engage with a variety of financial institutions, including banks, non-banking financial companies (NBFCs), brokerage firms, investment banks, mutual funds, and fintech companies.

- This exposure broadens their understanding of the financial industry landscape.

- Conducting Audits for Subsidiaries: Auditors are tasked with conducting audits for the subsidiaries of the bank.

- This involves assessing their financial health, compliance with regulations, and adherence to internal policies and procedures.

- Additionally, auditors oversee the subsidiary governance and oversight process within the bank to ensure effective management and control.

- Execution of Planned Audits: Auditors must execute planned audits according to predefined schedules.

- This requires meticulous planning, organization, and adherence to audit processes, as well as international standards such as those set by the International Standards on Auditing (ISA) and the Institute of Chartered Accountants of India (ICAI).

- Reviewing Compliance of Audit Reports: Auditors review the quality of compliance in audit reports submitted by audited units.

- This involves assessing the accuracy, completeness, and adherence to regulatory requirements and internal standards.

- Ensuring the integrity of audit reports is crucial for maintaining transparency and accountability.

- Follow-up for Closure of Reports: After conducting audits, auditors follow up to ensure timely closure of audit reports and associated files.

- This involves tracking progress on corrective actions, verifying implementation of recommendations, and confirming resolution of identified issues within prescribed timelines.

- Timely closure helps mitigate risks and fosters continuous improvement in organizational processes.