Position: Associate Partner – Banking Audit

Organization: Bagaria & Co LLP

Location: Mumbai, Maharashtra

Experience: 5–10+ years (relevant banking audit experience preferred)

About the Role

Bagaria & Co LLP is looking for an experienced and accomplished Chartered Accountant to join the Firm at the Associate Partner level, with a strong background in banking audits. The ideal candidate will have extensive experience in bank branch audits, statutory audits, concurrent audits, and other banking-related audit assignments, along with the ability to lead teams, manage client relationships, and drive business growth.

Key Responsibilities

1. Banking Audit & Assurance

- Lead and oversee statutory branch audits, concurrent audits, revenue audits, stock audits, and other banking audit assignments.
- Manage audit planning, execution, review, and finalisation in accordance with applicable auditing standards, RBI guidelines, and relevant regulatory requirements.
- Review advances, credit facilities, NPA classification, provisioning, KYC compliance, treasury operations, and other key banking areas.
- Ensure the timely completion of audit assignments and submission of reports within prescribed deadlines.
- Identify audit risks, control weaknesses, and non-compliance issues and recommend appropriate corrective measures.

2. Team Leadership & Management

- Lead, mentor, and develop audit teams, including managers, senior associates, and article assistants.
- Allocate assignments, monitor progress, review working papers, and ensure the quality and accuracy of audit deliverables.
- Build a culture of accountability,



professional development, and continuous improvement.

3. Client Relationship Management

- Develop and maintain strong professional relationships with banks, branch officials, institutional clients, and other stakeholders.
- Represent the Firm in client meetings, audit discussions, and regulatory or compliance-related interactions.
- Resolve audit queries, address client concerns, and ensure effective communication throughout the engagement.

4. Practice Development & Business Growth

- Identify opportunities for expanding the Firm's banking audit practice and related assurance services.
- Contribute to business development, preparation of proposals, client acquisition, and strengthening existing client relationships.
- Support the Firm's strategic growth initiatives and contribute to the development of its audit practice.

5. Quality Control & Regulatory Compliance

- Ensure compliance with applicable ICAI standards, RBI guidelines, relevant statutory requirements, and the Firm's internal quality-control procedures.
- Review audit documentation and reports to maintain high professional standards.
- Keep abreast of regulatory updates, banking sector developments, and changes in applicable auditing requirements.





Eligibility Criteria
- Qualified Chartered Accountant (CA) with membership of ICAI.
- Approximately 5–10+ years of relevant professional experience, preferably in banking audit and assurance.
- Strong hands-on experience in statutory bank branch audits and concurrent audits.
- Proven ability to independently manage multiple audit engagements and lead sizeable teams.
- Excellent knowledge of banking operations, RBI regulations, NPA norms, credit appraisal, and audit procedures.
- Strong analytical, leadership, communication, and client-management skills.
- Demonstrated ability to manage deadlines, review complex assignments, and deliver high-quality work.

Preferred Candidate Profile
- Experience in a CA firm at a Partner, Associate Partner, Director, or senior leadership level.
- Established exposure to banking clients and institutional audit assignments.
- Strong professional network and the ability to contribute to business development.
- A proactive, commercially aware skilled who can combine technical expertise with team leadership and practice growth.

What We Offer
- A senior leadership opportunity within an established professional services firm.
- The opportunity to lead and expand the banking audit practice.
- Exposure to diverse banking audit assignments and institutional clients.
- A collaborative professional environment with opportunities for long-term growth and leadership.

Pay: ₹600,000.00 - ₹1,200,000.00 per year

Benefits

- Paid sick time
- Paid time off

Work Location: In person

📌 Chartered Accountant (Bank Audit) (Mumbai)
🏢 Bagaria u0026
📍 Mumbai