Statutory Audit Role

Statutory Audit

Key Responsibilities :

Audit Executives are required to carry out operational, financial, process and Systems audits designed to review and appraise its activities, systems and controls, which includes :

- Identifying accounting & auditing issues; discuss with audit in-charge to solve issues that arise

- To carry out substantive testing of appliances in accordance with the audit plan formulated & appropriately document all work performed

- Identifying improvements to control systems and procedures

- Presenting audit reports clearly highlighting key audit recommendations to management

- Preparing & maintaining statutory books of accounts, audit, reconciliation of account receivable & payable, finalization of accounts

- Assist the seniors in reviewing & checking the financial statements & preparation of the audit report, management comment letter & management representation letter.

Skills and attributes for success :

- Must have strong knowledge of auditing & accounting standards

- Should have handled statutory audit assignments earlier

- Ability to prioritize work on multiple assignments & manage ambiguity

- Strong verbal and communication skills

- Clarity of thoughts and assertive

- Effectiveness and creativity of written expression - logical, readability and conciseness

- Good presentation skills and ability to respond promptly

- Should be a team player with a proactive & result oriented approach

- Ability to meet deadlines.

Skills must have : CARO ,Indian Accounting Standards, IFRS, IGAAP.

Qualification- Qualified CA