Senior Manager Statutory Audit

Tap Growth ai; Mumbai; 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 audits, oversee teams, and manage client relationships. The role requires strong technical expertise in Ind AS and audit quality management, with interaction at CFO/Finance Director level.

Two positions are available, located in Mumbai’s Churchgate and Vile Parle areas. The incumbent will drive audit planning, risk assessment, and execution while ensuring compliance with standards and firm policies.

Qualifications

• CA qualification mandatory.
• 5–8 years post-CA audit experience mandatory.
• Strong hands-on experience in Ind AS/Accounting Standards, IFC review, and audit quality management.

Responsibilities

• Lead statutory audit engagements from planning through execution, completion, and sign-off.
• Develop risk-based audit strategies, scope, materiality thresholds, and procedures per auditing standards.
• Review financial statements, audit working papers, complex accounting treatments, and disclosures.
• Monitor engagement timelines, budgets, and resource allocation.
• Guide audit teams on Ind AS, Accounting Standards, IFC review, and internal controls.
• Evaluate key management estimates and significant judgments before Partner review.
• Ensure compliance with audit methodology, quality policies and independence standards.
• Act as primary contact for client leadership (CFOs, Controllers) for updates and discussions.
• Supervise, coach, and mentor Managers and staff; conduct performance reviews.
• Drive continuous technical capability building within teams.

Skills

Audit leadership

Ind AS

IFC review

Client communication

Team management

Education

Chartered Accountant (CA) qualification

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.