Partner-Satutory Audit

Vahura; Maharashtra; On-site; INR 1,600,000 - 2,800,000; Full time

Job summary

Vahura is seeking an experienced Audit Leader to head the Statutory Audit division in Maharashtra. You will plan, supervise, and review statutory audits, ensuring compliance with the Companies Act, SA, AS, IND AS, and ICAI guidelines while driving growth and client acquisition.

You will mentor managers and senior staff, allocate engagements, and maintain a culture of quality and independence. Strong leadership and client-facing skills are essential for success in this role.

Qualifications

• Strong knowledge of Statutory Audit, Companies Act and Standards on Auditing.
• Experience with IND AS and Financial Reporting.
• Ability to lead audits and mentor teams across engagements.
• Business development and client acquisition skills.
• Maintain quality and independence per ICAI guidelines.

Responsibilities

• Lead and manage the Statutory Audit division.
• Plan, supervise, and review statutory audits.
• Develop strategies for practice growth and client development.
• Build and maintain long-term client relationships and act as the primary contact.
• Represent the firm in meetings with clients, regulators and stakeholders.
• Mentor and develop Managers, Assistant Managers, Seniors and staff; allocate engagements and monitor performance.
• Ensure adherence to ICAI ethical standards and independence requirements.
• Identify audit risks and recommend mitigation measures.
• Drive revenue, client satisfaction and practice profitability.

Skills

Statutory Audit

Companies Act

Standards on Auditing

IND AS

Accounting Standards

Leadership

Client Relationship

Business Development

People Management

Communication & Negotiation

Job description

• Lead and manage the Statutory Audit division.
• Develop and implement strategies for practice growth.
• Build and maintain long-term client relationships.
• Represent the firm in meetings with clients, regulators, and stakeholders.

Audit Management

• Plan, supervise, and review statutory audits.
• Ensure compliance with the Companies Act, Standards on Auditing (SA), Accounting Standards (AS), IND AS, and ICAI guidelines.
• Review financial statements and audit reports before issuance.
• Provide technical guidance on complex accounting and auditing matters.

Business Development

• Identify new business opportunities.
• Prepare proposals and participate in client presentations.
• Expand the firm's audit portfolio through networking and referrals.
• Cross-sell other professional services offered by the firm.

Client & Team Management

• Act as the primary point of contact for key clients.
• Address complex client issues and provide strategic advice.
• Mentor and develop Managers, Assistant Managers, Seniors and Articles.
• Allocate engagements and monitor team performance.
• Mentor Managers, Assistant Managers, Seniors, and Articles.
• Conduct technical training sessions.
• Allocate engagements and monitor team performance.
• Build a culture of quality, accountability, and continuous learning.
• Ensure adherence to ICAI ethical standards and independence requirements.
• Maintain quality control and peer review standards.
• Identify audit risks and recommend appropriate mitigation measures.

Key Performance Indicators (KPIs)

• Revenue generated from Statutory Audit engagements.
• Client acquisition and retention.
• Timely completion of audit assignments.
• Audit quality and compliance.
• Team productivity and employee development.
• Client satisfaction.
• Practice profitability.

Required Skills

• Strong knowledge ofStatutory Audit, Companies Act, and Standards on Auditing.
• Expertise in IND AS, Accounting Standards, and Financial Reporting.
• Excellent leadership and people management skills.
• Strong analytical and problem-solving abilities.
• Business development and client acquisition capability.
• Excellent communication, presentation, and negotiation skills.
• Strategic thinking with commercial acumen.
• SMEs and Large Corporates.