Statutory

Chokshi & Chokshi; Navi Mumbai; On-site; INR 700,000 - 1,000,000; Full time

Job summary

Chokshi & Chokshi, based in Navi Mumbai, seeks a capable statutory audit professional to lead assignments and guide junior staff. You will review financial statements, perform substantive testing, and ensure compliance with Companies Act, Ind AS and ICAI standards, delivering high-quality audit deliverables.

The role requires strong analytical skills, MS Excel proficiency, excellent client communication, and the ability to manage multiple audits independently to meet deadlines, while maintaining

Qualifications

• Must have experience in statutory audits and financial reporting.
• Solid knowledge of Companies Act, Ind AS, and ICAI auditing standards.
• Strong analytical and problem-solving abilities.
• Proficient in MS Excel and audit documentation.
• Excellent client handling and communication skills.
• Ability to lead audit teams and meet deadlines.

Responsibilities

• Plan, execute and manage statutory audit assignments for clients across industries.
• Lead audit teams and allocate work to Articles, Assistants and Seniors.
• Review financial statements, ledgers, schedules and supporting documents.
• Perform audit procedures including substantive testing, analytical review, vouching and verification.
• Evaluate internal controls and identify risks.
• Ensure compliance with Companies Act, Ind AS and ICAI standards.
• Review audit working papers and documentation.
• Identify audit issues and discuss observations with clients and management.
• Prepare audit reports, management letters and deliverables.
• Coordinate with clients for audit information and clarifications.
• Ensure timely completion of audits as per deadlines.
• Handle multiple audits independently and report to Partners.
• Guide and supervise junior team members and articles.
• Assist Partners in resolving complex accounting and reporting matters.
• Maintain strong relationships with clients.

Skills

Statutory Audit

Financial Reporting

Ind AS & ICAI Standards

Analytical Skills

Excel Proficiency

Client Management

Team Leadership

Deadline Driven

Job description

Key Responsibilities

• Plan, execute and manage Statutory Audit assignments for clients across various industries.
• Lead audit teams and allocate work to Articles, Audit Assistants and Seniors.
• Review financial statements, books of accounts, ledgers, schedules and supporting documents.
• Perform audit procedures including substantive testing, analytical review, vouching and verification.
• Evaluate internal financial controls and identify areas of financial and operational risk.
• Ensure compliance with Companies Act, Accounting Standards/Ind AS, Standards on Auditing issued by ICAI and other applicable regulations.
• Review audit working papers and ensure proper audit documentation.
• Identify audit issues and discuss observations with clients and management.
• Prepare/review audit reports, management letters and audit deliverables.
• Coordinate with clients for audit requirements, information and clarifications.
• Ensure timely completion of audits as per engagement deadlines.
• Handle multiple audit assignments independently and report the status to Partners.
• Guide, train and supervise junior team members and article assistants.
• Assist Partners in resolving complex accounting, reporting and audit matters.
• Maintain strong professional relationships with clients.

Required Skills

• Strong knowledge of Statutory Audit and Financial Reporting.
• Good knowledge of Companies Act, Ind AS/Accounting Standards and ICAI Standards on Auditing.
• Strong analytical and problem-solving skills.
• Excellent MS Excel and audit documentation skills.
• Good client-handling and communication skills.
• Ability to lead and manage an audit team.
• Ability to work independently and meet strict deadlines.

Key Competencies

Statutory Audit | Audit Planning | Financial Reporting | Ind AS | Internal Controls | Risk Assessment | Audit Documentation | Team Management | Client Management | Regulatory Compliance