Audit and Assurance Manager

Department: Audit & Assurance

Reports To: Senior Audit Manager / Partner

Location: Noida, Uttar Pradesh, India

Job Summary:

The Audit and Assurance Manager will be responsible for leading and managing audit engagements for a diverse portfolio of clients, ensuring the delivery of high-quality audit and assurance services. This role requires a strong understanding of auditing standards (Indian GAAP, Ind AS, IFRS), financial reporting frameworks, and regulatory requirements. The ideal candidate will be a highly motivated, analytical, and detail-oriented professional with excellent leadership, client management, and communication skills, capable of managing engagement teams and fostering strong client relationships.

Key Responsibilities:

Engagement Management & Delivery:

- Plan, execute, and finalize audit engagements from inception to completion, ensuring adherence to professional standards, firm methodologies, and regulatory requirements.

- Develop comprehensive audit plans, including risk assessments, audit strategies, and allocation of resources.

- Manage engagement budgets, timelines, and profitability, ensuring efficient and timely completion of assignments.

- Review working papers prepared by audit team members, ensuring accuracy, completeness, and compliance with audit standards.

- Prepare clear, concise, and comprehensive audit reports, management letters, and other deliverables for clients.

- Present audit findings and recommendations to clients' management and audit committees.

Technical Expertise & Quality Assurance:

- Possess in-depth knowledge of Indian GAAP, Ind AS, IFRS, and other relevant accounting and auditing standards.

- Stay updated with the latest developments in accounting standards, auditing practices, and regulatory pronouncements (e.g., SEBI regulations, Companies Act, 2013).

- Ensure the quality of audit work by identifying and addressing complex accounting and auditing issues.

- Apply professional skepticism and critical thinking throughout the audit process.

- Guide the team in applying complex accounting principles and auditing techniques.

Client Relationship Management:

- Build and maintain strong, long-term relationships with clients, understanding their business needs and challenges.

- Act as a primary point of contact for clients on audit-related matters.

- Identify opportunities for providing additional value-added services to clients.

- Effectively communicate complex audit findings and recommendations to clients in a clear and understandable manner.

Team Leadership & Development:

- Lead, mentor, and develop a team of audit professionals (Senior Auditors, Associates).

- Provide constructive feedback, coaching, and guidance to team members to enhance their technical skills and professional growth.

- Conduct performance reviews and assist in the career development of team members.

- Foster a collaborative and high-performance work environment.

- Delegate tasks effectively and ensure efficient utilization of team resources.

Business Development & Practice Growth:

- Participate in business development initiatives, including preparing proposals, attending client pitches, and networking events.

- Contribute to the growth and profitability of the firm's audit and assurance practice.

- Identify and pursue new client opportunities.

Risk Management & Compliance:

- Ensure compliance with ethical standards and professional independence requirements.

- Identify and assess audit risks, and develop appropriate responses.

- Adhere to firm policies and procedures regarding quality control and risk management.

Qualifications:

Education: Chartered Accountant (CA) is mandatory.

Experience: Minimum of 6-9 years of post-qualification experience in external audit and assurance, with at least 2-3 years in a managerial role, preferably within a Big 4 accounting firm or a reputable mid-sized firm.

Technical Skills:

- Strong working knowledge of Indian GAAP, Ind AS, and IFRS.

- Expertise in auditing standards (SAs issued by ICAI).

- Proficient in using audit software and Microsoft Office Suite (Excel, Word, PowerPoint).

- Excellent analytical, problem-solving, and critical thinking skills.

- Ability to interpret and apply complex accounting and auditing pronouncements.

Soft Skills:

- Exceptional written and verbal communication skills, including presentation abilities.

- Strong interpersonal skills with the ability to build rapport with clients and team members.

- Proven leadership and team management abilities.

- High level of attention to detail and accuracy.

- Ability to manage multiple engagements, prioritize tasks, and meet tight deadlines.

- Strong ethical conduct and professional integrity.

- Proactive and self-motivated with a strong commitment to quality