– ASSOCIATE

Department: NBFC & BFSI Audits

Location: Mumbai

Firm: P G BHAGWAT LLP, Chartered Accountants

About the Role-

P G BHAGWAT LLP is looking for motivated and detail-oriented Chartered Accountants to join its NBFC & BFSI Audit team in Mumbai. The role involves conducting statutory and internal audits of Non-Banking Financial Companies (NBFCs), banks, and other financial services entities, with a focus on regulatory compliance, financial reporting, and internal controls.

Key Responsibilities-

- Conduct statutory audits, internal audits, and limited reviews of NBFCs, banks, and other financial services entities.
- Review loan portfolios, retail and corporate finance transactions, and lending operations.
- Verify asset classification, provisioning, write-offs, and compliance with applicable RBI guidelines.
- Assist in the preparation of Long Form Audit Reports (LFAR) and other audit reports, wherever applicable.
- Review financial statements, general ledgers, accounting records, and supporting documentation.
- Perform Internal Financial Controls (IFC) testing and assess the effectiveness of internal controls.
- Verify compliance with applicable RBI regulations, statutory requirements, and internal policies.
- Review regulatory reporting, including Liquidity Coverage Ratio (LCR) and Asset Liability Management (ALM),



wherever applicable.
- Conduct audit procedures relating to credit and risk management, credit administration, compliance, information systems, and corporate governance.
- Prepare audit working papers, checklists, audit observations, and reports.
- Coordinate with client teams to obtain audit evidence and resolve audit queries.

Desired Candidate Profile-
- Qualification: Chartered Accountant (CA) qualified.
- Relevant experience in NBFC, banking, or BFSI audits will be preferred.
- Good knowledge of RBI regulations, statutory audits, internal audits, and regulatory compliance.
- Understanding of Ind AS / Accounting Standards, Internal Financial Controls (IFC), and financial reporting.
- Proficiency in MS Excel, audit documentation, and data analysis.
- Solid analytical, communication, and problem-solving skills.
- Ability to manage multiple audit assignments and work effectively in a team.

What We Offer-
- Exposure to diverse NBFC, banking, and BFSI audit assignments.
- Opportunities to develop technical expertise in financial services audits and regulatory compliance.
- Guidance from experienced audit professionals.
- A professional learning environment with opportunities for career growth.

📌 Chartered Accountant - Audit Associate - BFSI domain (Mumbai)
🏢 P G BHAGWAT
📍 Mumbai