Associate Manager/Manager Statutory Audit (IND As)- Vashi Navi Mumbai

Role Summary

We are looking for a qualified Chartered Accountant with strong experience in Statutory Audits and Indian Accounting Standards (Ind AS). The candidate will independently handle statutory audit assignments, financial reporting engagements, Ind AS implementation/conversion projects, and interact with senior management, CFOs, Audit Committees, and statutory auditors.

Key Responsibilities

Statutory Audit

• Lead and execute statutory audit assignments for companies across various sectors.
• Review financial statements and disclosures in accordance with Companies Act, 2013 and applicable accounting standards.
• Perform audit planning, risk assessment, testing of internal controls and substantive audit procedures.
• Review audit documentation prepared by team members.
• Identify accounting and reporting issues and recommend appropriate solutions.
• Coordinate with client management for timely completion of audits.
• Prepare management letters and discuss audit observations with clients.

Ind AS / Financial Reporting

• Execute Ind AS implementation and conversion assignments.
• Prepare or review Ind AS compliant financial statements.
• Prepare Ind AS transition workings and first-time adoption adjustments.
• Prepare accounting position papers and technical accounting memos.
• Assist clients in implementation of new accounting standards.
• Prepare consolidated financial statements under Ind AS.
• Resolve complex accounting issues involving revenue recognition, financial instruments, leases, business combinations, deferred taxes, impairment, employee benefits, etc.

Advisory

• Assist clients in financial reporting under Companies Act and SEBI requirements.
• Support IPO, due diligence, restructuring and financial reporting assignments.
• Research and interpret accounting standards and regulatory developments.

Technical Skills Required

Candidate should have practical experience in:

• Statutory Audit
• Indian Accounting Standards (Ind AS)
• Preparation of Standalone and Consolidated Financial Statements
• Schedule III Financial Statements
• CARO Reporting
• Companies Act, 2013
• Internal Financial Controls (IFC)
• Audit Documentation
• Financial Statement Analysis
• Excel (Advanced)
• MS Office

Preferred Exposure

• IFRS
• Listed Company Audits
• IPO/DRHP Assignments
• Financial Due Diligence
• Group Consolidation
• ERP systems such as SAP, Oracle, Microsoft Dynamics

Candidate Eligibility

• Qualified Chartered Accountant (CA)
• 3+ years of post-qualification experience in Statutory Audit and Ind AS
• Experience in a reputed Chartered Accountant firm is preferred

Desired Competencies

• Strong analytical and problem-solving skills
• Excellent knowledge of accounting standards
• Ability to independently handle client assignments
• Strong communication and presentation skills
• Leadership and team management abilities
• Client handling and stakeholder management
• Time management and ability to work under strict deadlines

Preferred Industry Exposure

Experience in audits of:

• Manufacturing
• Trading
• Services
• Infrastructure
• Listed Companies
• NBFCs (preferred but not mandatory)

What We Offer

• Exposure to large and complex audit assignments
• Hands-on experience in Ind AS conversion and implementation projects
• Opportunity to work with listed and high-growth companies
• Learning opportunities in IPOs, CFO Advisory, Due Diligence and Financial Reporting
• Merit-based career growth