Senior Manager – Statutory Audit

Tap Growth ai; Maharashtra; On-site; INR 1,320,000 - 2,200,000; Full time

Job summary

Tap Growth ai in Mumbai seeks a Senior Manager – Statutory Audit to lead end-to-end statutory audit engagements, direct audit teams, and manage client relationships. The role requires CA qualification with 5–8 years post-CA experience, strong Ind AS and accounting standards knowledge, and a focus on audit quality and regulatory compliance. Location: Mumbai, on-site.

Qualifications

• CA qualification is mandatory.
• 5–8 years of post-CA statutory audit experience.
• Strong hands-on experience with Ind AS and accounting standards.
• Proven track record in client communication and team management.

Responsibilities

• Lead statutory audit engagements from planning through sign-off.
• Develop risk-based audit strategies and materiality thresholds.
• Review financial statements, working papers, and complex accounting treatments.
• Monitor engagement timelines, budgets, and resource allocation.
• Guide teams on Ind AS, IFRS/US GAAP, and internal controls.
• Ensure compliance with audit methodology and independence standards.

Skills

Statutory audit

Team leadership

Client relationships

Audit methodologies

Education

Chartered Accountant (CA)

Tools

Ind AS

IFC review

Audit standards

Job description

Job Description: Senior Manager – Statutory Audit

Function: Assurance / Statutory Audit

Designation: Senior Manager – Statutory Audit

Positions: 2

Locations: Mumbai (1 Position – Churchgate | 1 Position – Vile Parle)

Compensation: Up to ₹22 LPA max

Qualification: Qualified Chartered Accountant (CA) – Mandatory

Experience: 5–8 years of mandatory post-CA qualification experience

Role Overview

The Senior Manager will lead end-to-end statutory audit engagements, direct audit teams, manage client relationships, and ensure technical quality and regulatory compliance across assigned portfolios. This role works closely with Partners and client executives (CFOs/Finance Directors).

Key Responsibilities

Engagement Leadership & Audit Execution

• Lead statutory audit engagements from planning through execution, completion, and sign-off.
• Develop risk-based audit strategies, scope, materiality thresholds, and procedures compliant with Standards on Auditing.
• Review financial statements, audit working papers, complex accounting treatments, and statutory disclosures.
• Monitor engagement timelines, budgets, and resource allocation.

Technical & Regulatory Review

• Guide audit teams on Ind AS, Accounting Standards, financial reporting matters, and internal financial controls (IFC).
• Evaluate key management estimates, significant accounting judgments, and unresolved audit queries prior to Partner review.
• Ensure compliance with audit methodology, firm quality control policies, and ethical independence standards.

Client & Team Leadership

• Act as the primary point of contact for client leadership (CFOs, Controllers) for audit updates, reporting, and technical discussions.
• Supervise, coach, and mentor Managers, Assistant Managers, and Article Assistants.
• Conduct performance reviews and drive continuous technical capability building within teams.

Eligibility & Candidate Profile

• Mandatory: Chartered Accountant (CA) qualification.
• Mandatory: 5 to 8 years of relevant statutory audit experience strictly calculated post-CA qualification. (Note: Articleship and pre-CA experience will NOT be considered).
• Strong hands-on experience in Ind AS/Accounting Standards, IFC review, and audit quality management.
• Proven track record in handling end-to-end statutory audits, client communication, and team management.

Preferred Exposure:

• Statutory audits of listed companies or large corporate entities.
• Group reporting, consolidation, IFRS/US GAAP, and SOX/internal control frameworks.