CA Statutory Audit

Location : Andheri, Mumbai

Qualification: CA

Department : Statutory Audit (Banks/Manufacturing/Insurance)

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 Manufacturing sector. In this role, you will be responsible for leading high-impact statutory audits for scheduled commercial banks, cooperative banks, and various Manufacturing Clients. 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) or Manufacturing Sector 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.

• 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.