We are looking for a qualified Chartered Accountant with strong experience in Statutory Audits and Indian Accounting Standards (Ind AS). The candidate will independently handle statutory audit assignments, financial reporting engagements, Ind AS implementation/conversion projects, and interact with senior management, CFOs, Audit Committees, and statutory auditors.
Key Responsibilities
Statutory Audit
- Lead and execute statutory audit assignments for companies across various sectors.
- Review financial statements and disclosures in accordance with Companies Act, 2013 and applicable accounting standards.
- Perform audit planning, risk assessment, testing of internal controls and substantive audit procedures.
- Review audit documentation prepared by team members.
- Identify accounting and reporting issues and recommend appropriate solutions.
- Coordinate with client management for timely completion of audits.
- Prepare management letters and discuss audit observations with clients.
Ind AS / Financial Reporting
- Execute Ind AS implementation and conversion assignments.
- Prepare or review Ind AS compliant financial statements.
- Prepare Ind AS transition workings and first-time adoption adjustments.
- Prepare accounting position papers and technical accounting memos.
- Assist clients in implementation of new accounting standards.
- Prepare consolidated financial statements under Ind AS.
- Resolve complex accounting issues involving revenue recognition, financial instruments, leases, business combinations, deferred taxes, impairment, employee advantages, etc.
Advisory
- Assist clients in financial reporting under Companies Act and SEBI requirements.
- Support IPO, due diligence, restructuring and financial reporting assignments.
- Research and interpret accounting standards and regulatory developments.
Technical Skills Required
Candidate should have practical experience in:
- Statutory Audit
- Indian Accounting Standards (Ind AS)
- Preparation of Stan