Senior Manager – Statutory Audit – Bank Hiring Squad

The Corporate Institute; Gurgaon; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

The Corporate Institute is seeking a Senior Manager to lead statutory audit engagements for Banking and Financial Services clients in India. You will manage end-to-end delivery, mentor large audit teams, and maintain strong CFO relationships across engagements.

The role requires 8–12 years in statutory audit, with BFS experience and strong knowledge of UK GAAP and IFRS as applicable to banking, along with excellent leadership and client-management skills.

Qualifications

• 8–12 years of statutory audit/assurance experience.
• Experience with Banking/Financial Services audits.
• Knowledge of UK GAAP and IFRS for banking sector.
• Experience leading end-to-end audits and large teams.
• Strong communication and client-management skills.
• CA/ACA/ACCA or equivalent preferred.

Responsibilities

• Lead end-to-end statutory audit engagements for BFS clients.
• Plan audits, assess risks, define strategies, ensure timely delivery.
• Review financial statements and audit working papers.
• Ensure compliance with UK GAAP, IFRS, and banking regulations.
• Mentor audit teams and provide technical guidance.
• Coordinate with internal specialists on complex matters.
• Support budgeting, resourcing and commercial performance.
• Contribute to business development through client discussions.
• Stay updated on accounting standards and audit methodologies.

Skills

Audit leadership

BFS audits

UK GAAP/IFRS knowledge

Client management

Risk assessment

Team mentoring

Education

CA/ACA/ACCA or equivalent

Job description

Job Description:

We are looking for an experienced Senior Manager to lead statutory audit engagements for Banking and Financial Services clients. The role involves managing end-to-end audit delivery, leading large teams, managing senior client relationships, and ensuring compliance with applicable accounting and regulatory requirements.

Key Responsibilities:

• Lead and manage end-to-end statutory audit engagements for Banking and Financial Services clients.
• Plan audit assignments, assess key risks, define audit strategies, and ensure timely delivery of high-quality audit work.
• Review financial statements, audit working papers, and critical accounting judgments in accordance with applicable standards.
• Ensure compliance with UK GAAP, IFRS, and relevant banking regulations and reporting requirements.
• Lead and mentor audit teams, allocate responsibilities, review deliverables, and provide technical guidance.
• Manage multiple audit engagements simultaneously while maintaining quality, timelines, and regulatory compliance.
• Build and maintain strong relationships with CFOs, Finance Heads, senior management, and other client stakeholders.
• Identify accounting, reporting, process, and control issues and provide practical recommendations for improvement.
• Coordinate with internal specialists and cross-functional teams on complex accounting, regulatory, and audit matters.
• Support engagement planning, budgeting, resource management, and overall commercial performance.
• Contribute to business development through client discussions, proposals, and identification of additional service opportunities.
• Stay updated on changes in accounting standards, banking regulations, and audit methodologies and ensure their effective application across engagements.

Required Skills & Experience:

• 8-12 years of relevant experience in statutory audit / assurance, preferably with a Big 4 or leading professional services firm.
• Mandatory experience handling Banking / Financial Services audit engagements.
• Strong knowledge of UK GAAP, IFRS, and accounting and reporting requirements applicable to the banking sector.
• Experience managing end-to-end statutory audits and leading sizeable audit teams.
• Strong understanding of banking products, financial statements, risk areas, and regulatory requirements.
• Proven experience managing multiple engagements, senior stakeholders, and competing priorities.
• Excellent analytical, communication, presentation, and client-management skills.
• Qualified CA / ACA / ACCA or equivalent professional qualification preferred.