Internal Audit Associate

PriceWaterhouseCoopers Pvt Ltd ( PWC )

Mumbai Suburban

On-site

INR 800,000 - 1,100,000

Full time

2 days ago

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Job summary

PwC in Mumbai seeks an Associate in Regulatory Reporting within Internal Audit Advisory. You will assess regulatory disclosures, GAAP/IFRS interpretations and reporting controls to help clients navigate complex frameworks.

You will collaborate with cross-functional teams, support automation initiatives, and contribute to risk management and governance processes while developing your expertise in financial reporting standards.

Qualifications

3–4 years of experience in regulatory reporting or internal audit.
CA/MBA required; Bachelor’s degree specified.
Knowledge of US GAAP, IFRS and EU reporting (FINREP/COREP/Basel III).

Responsibilities

Understanding of US GAAP and IFRS.
Knowledge of Balance Sheet products and related reports.
Familiarity with FINREP, COREP, Basel III reports.
Understand data flows and reporting architectures in regulatory reporting.
Ability to interpret GAAP and regulatory guidance.

Skills

Internal Audit

Auditing

Data Analysis

Communication

Regulatory Reporting

Education

Bachelor Degree

CA/MBA Education

Job description

IN_Associate_Regulatory Reporting _FS Internal Audit_Advisory_Mumbai Line of Service Advisory Industry/Sector Not Applicable Specialism Risk Management Level Associate

Job Description & Summary

At PwC, our people in audit and assurance focus on providing independent and objective assessments of financial statements, internal controls, and other assurable information enhancing the credibility and reliability of this information with a variety of stakeholders. They evaluate compliance with regulations including assessing governance and risk management processes and related controls. Those in internal audit at PwC help build, optimise and deliver end-to-end internal audit services to clients in all industries. This includes IA function setup and transformation, co-sourcing, outsourcing and managed services, using AI and other risk technology and delivery models. IA capabilities are combined with other industry and technical expertise, in areas like cyber, forensics and compliance, to address the full spectrum of risks. This helps organisations to harness the power of IA to help the organisation protect value and navigate disruption, and obtain confidence to take risks to power growth.

Why PWC

At PwC, you will be part of a vibrant community of solvers that leads with trust and creates distinctive outcomes for our clients and communities. This purpose-led and values-driven work, powered by technology in an environment that drives innovation, will enable you to make a tangible impact in the real world. We reward your contributions, support your wellbeing, and offer inclusive benefits, flexibility programmes and mentorship that will help you thrive in work and life. Together, we grow, learn, care, collaborate, and create a future of infinite experiences for each other. Learn more about us . At PwC, we believe in providing equal employment opportunities, without any discrimination on the grounds of gender, ethnic background, age, disability, marital status, sexual orientation, pregnancy, gender identity or expression, religion or other beliefs, perceived differences and status protected by law. We strive to create an environment where each one of our people can bring their true selves and contribute to their personal growth and the firm’s growth. To enable this, we have zero tolerance for any discrimination and harassment based on the above considerations.

Responsibilities

Understanding of US GAAP and IFRS
Good knowledge of Balance Sheet products, including but not limited to, Derivatives, Collaterals, Secured Financing transactions (repo / reverse repo), Fair value measurement etc.
Familiarity with reports – 2 of these for 2 diff. roles.
EU reporting framework e.g. FINREP, COREP , Basel 3 based reports etc.
US regulatory / financial reports e.g. Firm Holding FRY9C, Bank’s FFIEC031 US GAAP / IFRS Financial Statements
Understanding of data flows, reconciliations, and reporting architecture in a regulatory reporting environment
Mandatory skill sets: Ability to interpret GAAP & Regulatory guidance and instructions to check implementation logics
Strong capability to analyse and align reporting interpretations across multiple reports/frameworks to ensure consistency
Experience around process renovation, process streamlining and partnering with Projects and Technology for automation initiatives
Ability to manage cross functional stakeholders
Strong verbal and written communication skills with the ability to articulate complex topics clearly

Preferred skill sets

Familiarity with Financial & Reg Reporting systems Some Exposure to meaningful usage of AI tools

Years of experience required

3-4 Years

Education qualification

CA/MBA Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required

Bachelor Degree

Degrees/Field of Study preferred

Certifications (if blank, certifications not specified)

Required Skills