Position Summary The Statutory Auditor will be responsible for planning, executing, reviewing, and managing statutory audit assignments for a diverse client portfolio. The role requires strong technical expertise in auditing, accounting standards, regulatory compliance, team leadership, and client management.

Key Responsibilities

Audit Engagement Management

- Lead and manage statutory audit engagements from planning to completion.
- Develop audit strategies, risk assessments, and audit programs.
- Review financial statements and audit documentation to ensure compliance with applicable standards.
- Ensure timely completion of audit assignments while maintaining quality standards.
- Coordinate with engagement partners on significant audit matters and reporting issues.

Technical & Regulatory Compliance

- Ensure compliance with:
- Standards on Auditing (SAs)
- Indian Accounting Standards (Ind AS)
- Accounting Standards (AS)
- Companies Act, 2013
- CARO and other regulatory requirements
- Identify and communicate accounting, auditing, and internal control issues.
- Stay updated with changes in regulatory and professional standards.

Client Relationship Management

- Serve as the primary point of contact for audit clients.
- Build and maintain strong client relationships.
- Understand client business processes and industry-specific risks.
- Present audit findings and recommendations to management and stakeholders.

Risk Management & Quality Control

- Ensure adherence to firm quality control policies and audit methodologies.
- Monitor engagement risks and escalate critical matters appropriately.




- Participate in internal quality reviews and peer review processes.

Qualifications

- Qualified Chartered Accountant (CA) with membership of the Institute of Chartered Accountants of India.
- Additional certifications such as DISA, FAFD, CPA, ACCA, CIA, or CISA will be an advantage.

Experience

Experience handling audits of

- Private Limited Companies
- Listed Companies
- Group Audits
- Manufacturing, Services, Trading, and other sectors
- Prior experience managing audit teams and client portfolios.

Required Skills & Competencies

Technical Skills

- Strong knowledge of:
- Companies Act, 2013
- Standards on Auditing
- Ind AS / AS
- Internal Financial Controls (IFC)
- CARO Reporting
- Financial Statement Analysis
- Proficiency in audit tools, MS Excel, and audit documentation software.

Behavioral Skills

- Leadership and team management.
- Strong analytical and problem-solving abilities.
- Excellent communication and presentation skills.
- Client relationship management.
- Time management and ability to handle multiple engagements simultaneously.
- Attention to detail and commitment to quality.

Key Performance Indicators (KPIs)

- Timely completion of audit engagements.
- Audit quality and compliance standards.
- Client satisfaction and retention.
- Team productivity and development.
- Effective engagement profitability management.
- Successful resolution of audit issues and review observations.

Interested can contact (phone hidden) Pay: ₹1,000,000.00 - ₹1,200,000.00 per year

Advantages

- Health insurance
- Provident Fund

Work Location: In person

📌 Statutory Audit - Associate (Mumbai)
🏢 Bhuta ShahLLP
📍 Mumbai