Senior Assurance Specialist

Role : Statutory Audit

Qualification : CA

Location : Andheri East

Experience : 3 to 6 years

Job Description :

Ind AS o Apply knowledge of Ind AS in financial statement audits, including areas like revenue recognition, financial instruments, business combinations, leases, impairment, and employee benefits.

• Consolidation o Evaluate consolidation workings of group entities, including adjustments for subsidiaries, associates, and joint ventures. Preparation of complicated consolidation as per Ind AS and schedule III o Assist in group audit reporting (as per Revised SA 600), including communication with component auditors.
• Group Audits & Coordination o Work on group audits, ensuring proper coordination with network firms / component auditors. o Review reporting packs and consolidation schedules for compliance with Ind AS and Group reporting requirements.
• Audit Execution & Supervision o Lead statutory audits, limited reviews, and other assurance engagements in accordance with SAs and firm methodology as per SQC 1. o Handle end-to-end execution of audit assignments including planning, risk assessment, sampling, testing, and documentation. o Review working papers prepared by junior staff and provide guidance. o ICFR testing and CARO.
• Quality & Compliance o Ensure audits are executed in compliance with SAs, SEBI / Limited Review Guidelines, and ICAI / NFRA pronouncements. o Identify audit issues and prepare well-documented audit findings for discussion with managers / partners. o Maintain audit quality and meet deadlines under planned schedules.
• Client Management & Communication o Develop and maintain strong working relationships with client personnel. o Discuss key audit findings and recommendations with client management. o Support in preparation of audit deliverables such as management letters, CARO reporting, and audit reports.
• Team Development o Mentor and train junior staff on Ind AS, consolidation, and audit methodology. o Assist in internal knowledge-sharing sessions on technical updates.