Associate- (Bank and NBFC Audits)

P G Bhagwat Llp; Mumbai; On-site; INR 700,000 - 1,200,000; Full time

Job summary

P G Bhagwat Llp in Mumbai is seeking a Chartered Accountant specializing in audit for Banks and NBFCs. The ideal candidate will have 3–5 years of experience and a strong understanding of RBI guidelines and banking processes. Responsibilities include conducting audits, preparing documentation, and ensuring compliance with regulatory standards. Proficiency in MS Office, along with excellent communication skills, is essential for success in this role. Join us to contribute to critical compliance projects.

Qualifications

• 3–5 years of relevant audit experience.
• Strong understanding of RBI regulations and banking processes.
• Proficient in MS Office and good documentation skills.

Responsibilities

• Conduct audits of Banks/NBFCs focusing on loan portfolios.
• Perform ICFR testing and review regulatory compliance.
• Prepare audit documentation and working papers.

Skills

Audit experience

RBI regulations understanding

Documentation skills

Communication skills

MS Office proficiency

Education

Chartered Accountant (CA)

Job description

Job Title: Chartered Accountant – Audit (Banks & NBFCs)

Experience: 3–5 years

Qualification: Chartered Accountant (CA)

Role Summary

We are looking for a qualified CA with 3–5 years of experience in auditing Banks and NBFCs. The role involves executing end-to-end audit procedures, including testing of advances, investments, deposits, revenue recognition, and treasury operations, while ensuring compliance with RBI guidelines, Ind AS, and prudential norms.

Key Responsibilities

• Conduct audits of Banks/NBFCs with focus on loan portfolios, investments, and treasury
• Perform ICFR testing and review regulatory compliance (NPA norms, ALM, capital adequacy, etc.)
• Prepare audit documentation, working papers, and schedules with proper referencing
• Identify control gaps, non-compliances, and process deficiencies
• Assist in drafting audit reports, LFAR, and regulatory certifications

Requirements

• CA with 3–5 years of relevant audit experience
• Strong understanding of RBI regulations, Ind AS, and banking processes
• Proficient in MS Office; good documentation and communication skills
• Prior experience in a CA firm or audit of financial institutions preferred