Role & responsibilities
- Ind AS
- Apply knowledge of Ind AS in financial statement audits, including areas like revenue recognition, financial instruments, business combinations, leases, impairment, and employee perks.
- Consolidation
- Evaluate consolidation workings of group entities, including adjustments for subsidiaries, associates, and joint ventures.
- Preparation of complicated consolidation as per Ind AS and schedule III
- Assist in group audit reporting (as per Revised SA 600), including communication with component auditors.
- Group Audits & Coordination
- Work on group audits, ensuring proper coordination with network firms/component auditors.
- Review reporting packs and consolidation schedules for compliance with Ind AS and Group reporting requirements.
- Audit Execution & Supervision
- Lead statutory audits, limited reviews, and other assurance engagements in accordance with SAs and firm methodology as per SQC 1.
- Handle end-to-end execution of audit assignments including planning, risk assessment, sampling, testing, and documentation.
- Review working papers prepared by junior staff and provide guidance.
- ICFR testing and CARO.
- Quality & Compliance
- Ensure audits are executed in compliance with SAs, SEBI/Limited Review Guidelines, and ICAI/NFRA pronouncements.
- Identify audit issues and prepare well-documented audit findings for discussion with managers/partners.
- Maintain audit quality and meet deadlines under planned schedules.
- Client Management & Communication
- Develop and maintain strong working relationships with client personnel.
- Discuss key audit findings and recommendations with client management.
- Support in preparation of audit deliverables such as management letters, CARO reporting, and audit reports.
- Team Development
- Mentor and train junior staff on Ind AS, consolidation, and audit methodology.
- Assist in internal knowledge-sharing sessions on technical updates.
Other Skills & Competencies
- Proficiency in audit doc
📌 Assistant Manager (Mumbai)
🏢 SGCO
📍 Mumbai