Associate - Statutory Audit ( Pune)

T. R. Chadha & Co.; Pune District; On-site; INR 600,000 - 800,000; Full time

Job summary

T. R. Chadha & Co. is seeking a detail-oriented Associate – Statutory Audit in Pune. The role focuses on supporting audit engagements for Non-Banking Financial Companies (NBFCs), assisting in conducting statutory audits, ensuring compliance with RBI guidelines, and evaluating internal controls.

The ideal candidate will be a Chartered Accountant with at least 2 years of statutory audit experience, capable of working under deadlines and managing multiple tasks.

Qualifications

• CA qualification required.
• Minimum of 2 years experience in statutory audit.
• Familiarity with Indian Accounting Standards and Companies Act provisions.

Responsibilities

• Assist in conducting statutory audits for NBFC clients.
• Review financial statements for accuracy.
• Verify loan portfolios and interest income.
• Evaluate internal controls and identify risk areas.
• Prepare audit working papers and documentation.

Skills

Knowledge of statutory audit procedures and accounting principles

Understanding of NBFC operations and RBI guidelines

Strong analytical and problem-solving skills

Proficiency in MS Excel

Good communication skills

Education

Chartered Accountant (CA)

Tools

Accounting/audit software

Job description

About Company

TRC With over 80 years of history, T R Chadha & Co LLP has been one of India’s prominent Chartered Accountancy firms providing wide array of financial and advisory services to numerous MNCs and reputed Indian companies.

About the Role

We are seeking a detail-oriented and analytical Associate – Statutory Audit to support audit engagements for Non-Banking Financial Companies (NBFCs). The role involves assisting in statutory audits, financial reviews, regulatory compliance checks, and ensuring adherence to RBI guidelines, Companies Act provisions, and applicable accounting standards.

Key Responsibilities

• Assist in conducting statutory audits of NBFC clients in accordance with auditing standards.
• Review financial statements, schedules, and disclosures for accuracy and compliance.
• Verify loan portfolios, interest income, provisioning, NPA classification, and related financial records.
• Evaluate internal controls and identify audit observations, process gaps, and risk areas.
• Ensure compliance with RBI regulations, Companies Act, Ind AS, and other applicable statutory requirements.
• Prepare audit working papers, schedules, and supporting documentation.
• Perform analytical reviews, variance analysis, and reconciliations.
• Coordinate with client teams for data collection, audit queries, and documentation.
• Support seniors/managers in preparation and finalization of audit reports.
• Maintain confidentiality, audit quality standards, and professional ethics.

Skills Required

• Knowledge of statutory audit procedures and accounting principles.
• Understanding of NBFC operations, loan accounting, provisioning norms, and RBI guidelines.
• Familiarity with Indian Accounting Standards (Ind AS) and Companies Act provisions.
• Strong analytical, documentation, and problem-solving skills.
• Proficiency in MS Excel and accounting/audit software.
• Good communication and stakeholder management skills.
• Ability to work under deadlines and manage multiple assignments.

Preferred Attributes

• Prior experience in NBFC audits or financial services sector.
• Exposure to loan management systems and ERP platforms.
• Understanding of internal financial controls (IFC) and risk assessment.
• Willingness to travel for client audits, if required.

Location : Pune

Qualification: CA

Experience: 2 years' Experience in Statutory Audit