Statutory Bank Audit Manager

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