Manager/Assistant Manager – Statutory Audit – BFSI – CA Zecruiters Jobconnect

The Corporate Institute; Mumbai; On-site; INR 1,400,000 - 2,100,000; Full time

Job summary

The Corporate Institute in Mumbai is seeking a Chartered Accountant with 5–10 years of audit experience in banking/NBFCs. You will lead audits, assess risks, and ensure regulatory compliance in BFSI sector.

The role requires strong analytical and communication skills, ability to manage multiple engagements, and effective stakeholder interactions with senior management and regulators.

Qualifications

• Qualified Chartered Accountant with 5–10 years of audit experience in the BFSI sector.
• Strong knowledge of auditing standards and regulatory requirements.
• Experience with banks and NBFC audits.
• Excellent analytical and communication skills.
• Ability to manage multiple engagements and meet deadlines.

Responsibilities

• Plan and execute audits of banks and NBFCs in line with standards and RBI guidelines.
• Perform risk assessment, design audit programs and testing.
• Prepare detailed audit reports with findings and recommendations.
• Interact with senior management, audit committees and clients to discuss results.

Skills

Audit

Regulatory knowledge

Analytical skills

Communication skills

Stakeholder management

Team coordination

Education

Chartered Accountant (CA)

Job description

Position Overview:

We are seeking a highly skilled and experienced Chartered Accountant with 5 – 10 years of audit experience in the Banking and NBFC segment. The ideal candidate will have a thorough understanding of regulatory requirements, accounting standards, and best practices in the BFSI sector, coupled with strong analytical and communication skills.

Responsibilities:

Audit Planning and Execution:

• Plan and execute comprehensive audits of banks and NBFCs in accordance with auditing standards and regulatory requirements.
• Conduct risk assessment and develop audit programs to address key audit risks and objectives.
• Perform detailed testing of financial transactions, controls, and processes to ensure accuracy and compliance.
• A strong eye for detail is essential in auditing to ensure accuracy and completeness in reviewing financial records and identifying discrepancies or irregularities.

Regulatory Compliance:

• Review and assess compliance with regulatory requirements, including banking regulations, RBI guidelines, and accounting standards.
• Stay updated on regulatory changes and updates affecting the BFSI sector and incorporate them into audit procedures.
• Provide recommendations to clients for enhancing compliance and mitigating regulatory risks.

Financial Analysis and Reporting:

• Analyze financial statements, including balance sheets, statement of profit & loss, and cash flow statements, to identify anomalies, trends, and areas for improvement.
• Prepare detailed audit reports highlighting findings, recommendations, and observations for management and regulatory authorities.
• Communicate audit results and insights effectively to clients, addressing any concerns or queries they may have.

Stakeholder Management:

• Interact with key stakeholders, including senior management, audit committees, regulatory authorities, and client personnel, to discuss audit findings and recommendations.
• Build and maintain strong relationships with clients, demonstrating professionalism, integrity, and expertise in auditing.

Qualifications:

• Qualified Chartered Accountant with 5 – 10 years of audit experience in the BFSI sector, with a focus on banks and NBFCs.
• In-depth knowledge of auditing standards, regulatory requirements, and accounting principles relevant to the banking and NBFC industry.
• Proven experience in planning and executing audits, including risk assessment, testing, and documentation.
• Strong analytical skills with the ability to interpret complex financial data and identify audit issues and opportunities.
• Strong problem-solving skills to address issues efficiently and propose effective solutions.
• Excellent communication and interpersonal skills, with the ability to interact effectively with clients and colleagues.
• Ability to work independently and as part of a team, managing multiple engagements and deadlines effectively.