Audit Manager - Specialized Finance

Grant Thornton INDUS; Bengaluru; On-site; INR 1,200,000 - 1,600,000; Full time

Job summary

A leading auditing firm in Bengaluru is seeking an experienced Audit Manager who will lead audits for specialty finance clients. The role demands extensive knowledge of US GAAP and experience in high-volume lending environments. Responsibilities include managing multiple audit engagements, mentoring team members, and developing risk-based audit plans. Ideal candidates should have 6-9 years of progressive audit experience and excellent communication skills. Join a dynamic team to deliver exceptional client service and maintain successful relationships.

Responsibilities

• Oversee audits of complex financial services clients.
• Develop risk-based audit plans addressing high-risk areas.
• Manage multiple concurrent specialty-finance engagements.
• Perform and review fair value testing and benchmarking.
• Maintain strong client relationships with finance departments.
• Mentor team on technical topics and provide supervision.
• Participate in recruitment and training.

Skills

Proficiency in US GAAP

Strong working knowledge of ASC 860

Experience with loan portfolios

Strong skills in Microsoft Office tools

Excellent written and oral communications

Strong interpersonal skills

Strong people and project management skills

Agile

Problem-solving skills

Education

6-9 years of audit experience

Job description

We are seeking a highly skilled Audit Manager to lead and manage audits for complex specialty‑finance clients, including mortgage servicers, MSR investors, business cash‑advance lenders, securitization vehicles, non‑bank lenders, and FinTech‑enabled credit providers. The ideal candidate will have a deep technical understanding of US GAAP, ASC 860, ASC 310, ASC 326, ASC 718, fair‑value Level 3 models understanding and auditing along with prior experience handling fast‑moving, high‑volume lending portfolios and structured financing arrangements. Specialty Finance audit team is a part of the Grant Thornton INDUS. As a professional in this team, you will work with GT US teams to audit various clients with business in the specialty finance industry.

Responsibilities

• Oversee and manage audits of complex financial services clients, including mortgage servicers, MSR investors, and entities with loans and finance receivables measured at fair value or at amortized cost subject to CECL reserves, such as private loans, CLO’s, small-business term loan and line-of-credit portfolios.
• Develop risk-based audit plans addressing high-risk areas (fair value, CECL reserves, ASC 860 financing obligations, covenant compliance, servicing revenue, interest income).
• Manage multiple concurrent specialty-finance engagements across MSR servicers and lending entities.
• Oversee and actively manage engagement economics, timelines, and resource allocation.
• Manage the full lifecycle of audit engagements: planning, fieldwork, review, reporting.
• Perform and review fair value testing, benchmarking, sensitivity analysis, including coordination and review of valuation and modelling specialists.
• Review ITGCs for loan origination sub-systems, servicing platforms, and SaaS environments.
• Review complex financing arrangements, credit facilities, and collateralized obligations.
• Maintain strong client relationships with CFOs, controllers, and finance departments.
• Mentor team on technical topics like Level 3 valuations, CECL reserves, securitizations, and complex lending products.
• Provide supervision and support to the engagement staff, seniors and promote open communication to the engagement partner or other managers.
• Collaborate with engagement teams and partners on client issue resolution and make recommendations for any audit or accounting issues that arise during audit engagement.
• Manage multiple engagements with various teams to meet client deadlines.
• Participate in recruitment and training.

Skills

• Proficiency in US GAAP, GAAS, and PCAOB rules and standards.
• Strong working knowledge of: ASC 860 - Transfers & Servicing, ASC 310/326 - Receivables & Expected Credit Losses, ASC 820 - Fair Value Measurement and ASC 606 - SaaS revenue
• Proven experience with loan portfolios, securitizations, or MSR financing structures.
• Strong skills in Microsoft Office tools.
• Excellent written and oral communications
• Strong interpersonal skills
• Strong people and project management skills
• Team management: Manage a team of at least 25 members (18 Analyst/ Associate and 7 Senior Associates)
• Problem Solving Skills: Resolve problems of team and Manage escalation emails and calls and resolve the matter.
• Agile: Ability to adapt and accept challenging situations and tasks and perform with the utmost professionalism.

Education / Professional Experience/ Qualifications

• Minimum 6-9 years of progressive audit experience in a medium to large public accounting firm or equivalent