Statutory Bank Audit Manager

Chokshi & Chokshi; Navi Mumbai, Mumbai; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Chokshi & Chokshi in Navi Mumbai is seeking an experienced audit professional to lead statutory and bank audits across diverse industries. The role emphasizes planning, team coordination and timely delivery.

You will review financial statements, assess risk areas and internal controls while ensuring compliance with RBI, ICAI standards and the Companies Act. Strong Excel skills and leadership abilities are essential.

Qualifications

• Experience with statutory and bank audits across industries.
• Familiarity with RBI, ICAI standards and Companies Act guidelines.
• Strong analytical and problem-solving skills.
• Proficient in Excel and audit documentation.

Responsibilities

• Plan audit engagements and allocate work to team.
• Review financial statements, books, schedules and docs.
• Ensure compliance with regulatory standards.
• Identify risks and review internal controls.
• Conduct substantive testing and analytical reviews.
• Coordinate with clients and management during audits.
• Guide and train junior team members.
• Ensure timely completion of audits.
• Maintain client relationships and assist in business development.

Job description

Key Responsibilities

• Manage and supervise Statutory Audits of companies across various industries.
• Lead and execute Bank Audits, including statutory branch audits, concurrent audits, stock audits and related assignments.
• Plan audit engagements, prepare audit programmes and allocate work to team members.
• Review financial statements, books of accounts, schedules and supporting documents.
• Ensure compliance with Companies Act, applicable Accounting Standards/Ind AS, RBI guidelines, ICAI Standards on Auditing and other regulatory requirements.
• Review internal controls and identify financial, operational and compliance risks.
• Conduct substantive testing, verification and analytical review of financial information.
• Review audit working papers prepared by team members and ensure proper documentation.
• Identify audit observations, discuss them with clients and prepare audit reports.
• Coordinate directly with clients, management and partners during audit assignments.
• Monitor audit timelines and ensure completion of assignments within agreed deadlines.
• Guide, train and supervise junior team members and article assistants.
• Handle multiple audit assignments simultaneously and ensure quality of deliverables.
• Assist partners/senior management in resolving complex accounting and audit matters.
• Maintain professional relationships with clients and support business development where required.

Desired Skills

• Strong knowledge of Statutory Audit and Bank Audit procedures.
• Good understanding of RBI, ICAI and Companies Act requirements.
• Strong analytical and problem-solving skills.
• Excellent knowledge of MS Excel and audit documentation.
• Good communication and client-handling skills.
• Ability to independently manage audit assignments and lead a team.
• Strong attention to detail and ability to work under tight deadlines.

Key Competencies

Audit Planning | Statutory Audit | Bank Audit | Financial Reporting | Risk Assessment | Internal Controls | RBI Compliance | Team Management | Client Management | Audit Documentation