CA NBFC Statutory Audit

Location : Andheri, Mumbai

Qualification: CA

Department : Statutory Audit Of NBFC & Banks

Salary - Upto 12 LPA

Role Summary:

We are seeking a highly skilled and technically sound Chartered Accountant to join our Core Audit & Assurance practice, specializing in the Banking and NBFC sector. In this role, you will be responsible for leading high-impact statutory audits for scheduled commercial banks, cooperative banks, and prominent Non-Banking Financial Companies (NBFCs). You will act as the key bridge between the firm, regulatory frameworks (RBI), and client stakeholders, ensuring top-tier execution, quality, and compliance.

Key Responsibilities

• Audit Execution & Management: Lead and independently execute Statutory Audits of Banks (central and branch audits) and NBFCs from planning to finalization.

• Regulatory Compliance: Review financial statements, provisioning requirements, and asset classification to ensure absolute compliance with RBI guidelines, IRAC norms, Companies Act, and applicable Accounting Standards (AS / Ind AS).

• Risk & Planning: Develop comprehensive, risk-based audit plans, design audit programs, perform risk assessments, and establish timelines for smooth execution.

• Branch & Client Coordination: Independently handle large-scale branch audits, manage on-site client relationships, and address complex accounting and audit queries with client management.

• Reporting & Finalization: Draft and finalize high-quality audit reports, long-form audit reports (LFAR), and management letters, ensuring timely closure of assignments.

Mandatory Skills & Qualifications

• Education: Qualified Chartered Accountant (CA).

• Experience: post-qualification experience, with demonstrable focus on Statutory Audits of Banks and NBFCs.

• Technical Knowledge: Deep understanding of RBI regulations, PCA framework, IRAC norms (Income Recognition and Asset Classification), Ind AS (specifically Ind AS 109 for Expected Credit Loss - ECL), and ICAI Standards on Auditing.

• Analytical Skills: Advanced data-handling and Excel skills, with exposure to core banking solutions (like Finacle, BaNCS) or major ERP environments during audits.

• Travel Flexibility: Willingness to travel to client sites and bank branches across regions as mandated by audit schedules.