Assistant Manager - Statutory Audit - CA

Description:

Job Summary

We are seeking a CA-qualified Assistant Manager Statutory Audit to independently manage and execute statutory audit engagements while supporting Managers and Partners in planning, execution, and finalization of audits.

The role involves leading audit teams, handling client interactions, ensuring compliance with statutory and accounting standards, and maintaining high audit quality.

This position is ideal for professionals looking to take on team leadership responsibilities, client-facing roles, and deeper involvement in audit planning and risk assessment.

Key Responsibilities

Audit Planning & Execution

- Assist in planning and execution of statutory audits for multiple clients across industries.

- Develop audit plans, timelines, and resource allocation in coordination with Managers/Partners.

- Identify audit risks and design appropriate audit procedures in line with ICAI Standards on Auditing (SAs).

- Independently handle key audit areas and complex audit sections.

Team Leadership & Review

- Lead, guide, and review the work of audit seniors, executives, and article assistants.

- Provide on-the-job training and mentoring to junior team members.

- Review audit working papers to ensure quality, completeness, and compliance with firm methodology.

Financial Reporting & Compliance

- Review financial statements prepared under Ind AS / Accounting Standards (AS).

- Ensure compliance with Companies Act, 2013, CARO, and other regulatory requirements.

- Assist in drafting and finalizing audit reports, management letters, and representations.

- Support finalization of accounts and resolution of audit observations.

Internal Controls & Risk Management

- Evaluate internal financial controls (IFC) and assess control design and operating effectiveness.

- Perform risk assessments and analytical reviews.

- Identify control deficiencies and recommend process improvements.

Client Management & Communication

- Act as a key point of contact for clients during audit engagements.

- Conduct discussions with client management on audit findings, risks, and recommendations.

- Manage audit deliverables, timelines, and issue resolution to ensure client satisfaction.

Quality & Process Improvement

- Ensure compliance with internal audit quality standards and peer review requirements.

- Support internal quality reviews and regulatory inspections, if applicable.

- Contribute to process improvements, audit efficiency initiatives, and best practices.

Required Skills & Qualifications

Mandatory

- Qualified Chartered Accountant (CA).

- 2+ years of post-qualification experience in Statutory Audit.

- Strong knowledge of ICAI Standards on Auditing, Companies Act, 2013, and Ind AS / AS.

- Experience in handling statutory audits of medium to large entities.

- Strong working knowledge of CARO, IFC, and audit documentation standards.

- Proficiency in MS Excel and accounting / audit tools.

Preferred / Nice to Have

- Experience with audits of listed companies or large corporates.

- Exposure to group audits, consolidated financial statements, or regulatory audits.

- Familiarity with ERP systems such as SAP, Oracle, Tally, etc.

- Prior experience in mid-tier or Big-4 audit firms