Role: Manager - Statutory Audit (Insurance)
Job Location : Bangalore
The manager will be predominantly responsible to:
Audit Service delivery :
- Be a coach / mentor to a team of Seniors and Associates and train them to deliver high Quality industry specific work on time and within the time estimates made and agreed with the US engagement teams.
- Develop and maintain productive relationships with key US industry leaders and contacts to grow business through -
- Focus on leading client execution, developing team members, and delivering high quality audits, while executing a data and technology-enabled fund audit.
- Building industry specific knowledge and capabilities within the teams
- Build a culture of critical thinking, problem solving, and continuous improvement in the execution of audits and development of team members.
- Identify opportunities to standardize and optimize audit processes across a portfolio of clients and the industry to improve efficiency
- Develop an understanding of (US and specific to ) Quality and Risk Management procedures, and ensure these are embedded into the team's work papers
- Proactively discuss audit procedures with the teams, allocating right resources (wherever needed) to work and monitor performance against standards by performing continuous reviews
- For identified engagements perform high level reviews of work prepared by teams with a focus on industry specific procedures and enhance conceptual clarity of professionals
- Monitor and manage key industry specific Performance Quality metrics for the teams
- Understand scope of offerings across all lines of businesses to provide innovative solutions for engagement teams' needs
- Demonstrate professionalism, industry competence and clarity of communication when dealing with the ET
- Provide innovative solutions and explore opportunities to continually learn, share knowledge with team members, and enhance service delivery in efficient ways
- Contribute to technical and soft-skills training to continually develop the team's skills on industry specific areas of work
Manage people :
- Be a performance manager to guide and coach professionals on career advancement and provide continuous feedback throughout the performance year on their development areas
- Actively participate and lead overall performance development and feedback process at team level and at overall level
Lead projects :
- On business and industry specific knowledge development initiatives at team.
- Lead / participate in firm's strategic initiatives and/or corporate social responsibility programs
Educational qualifications:
- Qualified CA/US CPA/ACCA and minimum of Bachelors' degree in Finance & Accounting with first division (60%)
Work Experience:
- 5- 7 years of post-qualification experience along with strong Articleship experience from a mid-size or a Big 4 firm in case of CA OR
- Relevant audit experience of at least 7 years in case of possessing certifications other than CA
- Experience with Big 4/leading Audit firms or their shared service center would be preferred
- Experience in US Insurance (Life, Non- Life and Health) industry integrated and Non - integrated financial statement audit or auditing experience in Financial Services entities
Mandatory technical & functional skills:
- Knowledge of US GAAP and international auditing standards
- Excellent MS Excel skills, working knowledge of MS Office
- Strong English communication abilities (Oral & Written) and effective audit documentation skills
- Should possess strong project management, leadership, coaching, counselling and supervisory skills
- Effective interpersonal, risk management, facilitation and presentation skills
Key behavioral attributes/requirements:
- Attention to detail and quality consciousness
- High-energy, independent decision making capability with ability to manage priorities and conflicts with prioritization skills
- Be a quick learner and demonstrate adaptability to change
- Resilient and demonstrate ability to lead change by effectively building commitment and winning support for initiatives through influencing, negotiation, collaboration and relationship building skills
- Should be willing to and capable of delivering under tight timelines, basis the business needs including working on weekends/holidays
- Should be open to travel to US on short and long term assignments
- Should have a strategic bent of mind.
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