Associate- Banks & NBFC Audits

P G BHAGWAT LLP; Mumbai; Sur place; INR 1 200 000 - 1 800 000; Plein temps

Résumé du poste

P G BHAGWAT LLP invites Chartered Accountants to join its NBFC & BFSI Audit team in Mumbai. You will conduct statutory and internal audits of NBFCs, banks, and financial services entities, focusing on regulatory compliance and internal controls.

Ideal candidates have NBFC/banking audit experience, strong RBI knowledge, and proficiency in Ind AS, IFC, and Excel. Join a team offering exposure to diverse financial services audits and career growth.

Qualifications

• Relevant experience in NBFC, banking, or BFSI audits.
• Good knowledge of RBI regulations, statutory and internal audits, and regulatory compliance.
• Understanding of Ind AS / Accounting Standards, IFC, and financial reporting.
• Proficiency in MS Excel, audit documentation, and data analysis.
• Strong analytical, communication, and problem-solving skills.
• Ability to manage multiple audit assignments and work in a team.

Responsabilités

• Conduct statutory and internal audits of NBFCs, banks, and financial services entities.
• Review loan portfolios, retail and corporate finance transactions, and lending operations.
• Verify asset classifications, provisioning, write-offs, and RBI guideline compliance.
• Assist in LFAR and other audit reports preparation where applicable.
• Review financial statements, ledgers, and supporting documentation.
• Perform IFC testing and assess internal control effectiveness.
• Verify compliance with RBI regulations, statutory requirements and internal policies.
• Review regulatory reporting including LCR and ALM where applicable.
• Conduct audit procedures related to credit, risk management, and governance.
• Prepare working papers, checklists, observations, and reports.
• Coordinate with client teams to obtain audit evidence and resolve queries.

Connaissances

NBFC audits

Banking audits

RBI regulations

Ind AS / accounting standards

IFC (Internal Financial Controls)

MS Excel

Data analysis

Communication skills

Teamwork

Formation

Chartered Accountant (CA)

Description du poste

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-

• 1. Conduct statutory audits, internal audits, and limited reviews of NBFCs, banks, and other financial services entities.
• 2. Review loan portfolios, retail and corporate finance transactions, and lending operations.
• 3. Verify asset classification, provisioning, write-offs, and compliance with applicable RBI guidelines.
• 4. Assist in the preparation of Long Form Audit Reports (LFAR) and other audit reports, wherever applicable.
• 5. Review financial statements, general ledgers, accounting records, and supporting documentation.
• 6. Perform Internal Financial Controls (IFC) testing and assess the effectiveness of internal controls.
• 7. Verify compliance with applicable RBI regulations, statutory requirements, and internal policies.
• 8. Review regulatory reporting, including Liquidity Coverage Ratio (LCR) and Asset Liability Management (ALM), wherever applicable.
• 9. Conduct audit procedures relating to credit and risk management, credit administration, compliance, information systems, and corporate governance.
• 10. Prepare audit working papers, checklists, audit observations, and reports.
• 11. Coordinate with client teams to obtain audit evidence and resolve audit queries.

Desired Candidate Profile-

• 13. Relevant experience in NBFC, banking, or BFSI audits will be preferred.
• 14. Good knowledge of RBI regulations, statutory audits, internal audits, and regulatory compliance.
• 15. Understanding of Ind AS / Accounting Standards, Internal Financial Controls (IFC), and financial reporting.
• 16. Proficiency in MS Excel, audit documentation, and data analysis.
• 17. Strong analytical, communication, and problem-solving skills.
• 18. Ability to manage multiple audit assignments and work effectively in a team.

What We Offer-

• 19. Exposure to diverse NBFC, banking, and BFSI audit assignments.
• 20. Opportunities to develop technical expertise in financial services audits and regulatory compliance.
• 21. Guidance from experienced audit professionals.
• 22. A professional learning environment with opportunities for career growth.