Statutory Auditor – Financial Services Promaynov Advisory Services

The Corporate Institute; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

The Corporate Institute is seeking auditors to perform statutory FS audits for 금융 services clients, including NBFCs, banks and insurers, ensuring compliance with Ind AS/IFRS and regulatory requirements.

The role requires strong analytical and communication skills, experience with audit documentation, and the ability to coordinate with client teams for timely closure of assignments.

Qualifications

• Prior experience in FS statutory audit is preferred.
• Exposure to NBFC/Banking/Insurance audits.
• Good understanding of Ind AS, financial reporting and audit procedures.
• Strong analytical, communication and stakeholder-management skills.
• Big 4 / leading professional services firm experience would be an advantage.

Responsibilities

• Execute statutory audits of Financial Services clients including NBFCs, Banks, Insurance and other financial institutions.
• Handle audit planning, risk assessment, execution and completion of audit assignments.
• Review financial statements, schedules, disclosures and accounting treatments as per applicable Ind AS/IFRS and regulatory requirements.
• Perform substantive testing, analytical procedures and review of key balance sheet and P&L areas.
• Evaluate internal controls, IFC/ICFR and key business processes.
• Identify audit issues, discuss findings with clients and prepare audit documentation.
• Coordinate with client finance teams and internal stakeholders for timely closure of audits.
• Ensure compliance with Companies Act, RBI/NHB/IRDAI regulations and applicable auditing standards.
• Support preparation of audit reports, management letters and other statutory deliverables.

Skills

Audit planning

Risk assessment

Analytical skills

Stakeholder management

Communication skills

Job description

Key Responsibilities:

• Execute statutory audits of Financial Services clients including NBFCs, Banks, Insurance and other financial institutions.
• Handle audit planning, risk assessment, execution and completion of audit assignments.
• Review financial statements, schedules, disclosures and accounting treatments as per applicable Ind AS/IFRS and regulatory requirements.
• Perform substantive testing, analytical procedures and review of key balance sheet and P&L areas.
• Evaluate internal controls, IFC/ICFR and key business processes.
• Identify audit issues, discuss findings with clients and prepare audit documentation.
• Coordinate with client finance teams and internal stakeholders for timely closure of audits.
• Ensure compliance with Companies Act, RBI/NHB/IRDAI regulations and applicable auditing standards.
• Support preparation of audit reports, management letters and other statutory deliverables.

Preferred Experience:

• Prior experience in FS statutory audit is preferred.
• Exposure to NBFC/Banking/Insurance audits.
• Good understanding of Ind AS, financial reporting and audit procedures.
• Strong analytical, communication and stakeholder-management skills.
• Big 4 / leading professional services firm experience would be an advantage.