JHS & Associates LLP is a Chartered Accountancy firm headquartered at Mumbai and having branch in Bengaluru. Our practice covers statutory audit, internal audit, concurrent audit of banks, IFC reviews, direct tax and GST advisory, and finance transformation consulting. We serve listed and unlisted companies, banks and financial institutions, infrastructure groups, multinational subsidiaries and growing businesses.
Role Purpose
The Assistant Manager - Audit & Assurance runs assigned engagements end to end — planning, fieldwork supervision, review and reporting — under the guidance of the Engagement Partner.
Statutory Audit
- Plan and execute statutory audits under the Companies Act, 2013 and Standards on Auditing (SAs), including audits under Ind AS and AS frameworks.
- Set materiality, design the audit approach and allocate work across the team.
- Review working papers, financial statements, notes and disclosures for compliance with Schedule III and applicable accounting standards.
- Draft audit reports, CARO 2020 reporting, management letters and key audit matters for partner review.
- Coordinate with component auditors and group teams on consolidation engagements.
Internal Audit & Risk Assessment
- Conduct process walkthroughs and risk assessments to build risk-based internal audit plans.
- Evaluate design and operating effectiveness of controls across procure-to-pay, order-to-cash, payroll, inventory, fixed assets and treasury.
- Identify control gaps, quantify impact and agree practical, time-bound action plans with process owners.
- Prepare internal audit reports and present findings to management and Audit Committees.
- Track closure of prior-period observations.
Internal Financial Controls (IFC)
- Document risk and control matrices (RCMs), process narratives and flowcharts.
- Perform test of design and test of operating effectiveness, including sampling and evidence evaluation.
- Assess entity-level controls and IT general controls in coordination with IT specialists.
- Evaluate deficiencies (deficiency, significant deficiency, material weakness) and support the IFC opinion under Section 143(3)(i).
Concurrent Audit (Banks & Financial Institutions)
- Lead concurrent audits of bank branches and processing centres in line with RBI guidelines and the bank's audit programme.
- Report revenue leakages, irregularities and high-risk observations within prescribed timelines.
- Prepare monthly/quarterly concurrent audit reports and rectification follow-ups.
Direct Tax & GST
- Conduct tax audits under Section 44AB and prepare Form 3CA/3CB-3CD.
- Review income tax computations, advance tax, TDS/TCS compliance and support assessment proceedings.
- Review GST returns (GSTR-1, GSTR-3B, GSTR-9/9C), ITC eligibility and reconciliations.
- Flag tax exposures identified during audits and coordinate with the tax advisory team.
Client & Team Management
- Serve as the day-to-day point of contact for client CFOs, finance teams and audit committees.
- Manage engagement budgets, timelines and billing milestones; escalate scope changes early.
- Supervise, coach and review the work of articled assistants and audit executives.
- Ensure engagement documentation meets the firm's quality control standards (SQC 1 / SQM) and peer-review requirements.
- Contribute to proposals, client presentations and new-engagement scoping.
Qualification & Experience
Mandatory
- Qualified Chartered Accountant, member of ICAI.
- 2–4 years of post-qualification experience in a CA firm or Big 4 / mid-tier audit practice.
- Hands-on experience in statutory audit and internal audit, with exposure to at least two of: IFC testing, bank concurrent audit, tax audit, GST.
Preferred
- Articleship completed in a firm with a strong audit and assurance practice.
- Exposure to Ind AS, bank audits (statutory branch or concurrent) and IFC/SOX-style control testing.
- DISA, CIA or ICAI certificate courses (Concurrent Audit, IFRS, Forensic Accounting) are an advantage.
- Experience supervising a team of 3 or more.
Skills & Competencies
Technical
- Strong working knowledge of SAs, Ind AS / AS, Companies Act 2013, CARO 2020 and the ICAI Guidance Note on Audit of IFC.
- Risk assessment, control evaluation and audit sampling.
- Working knowledge of the Income-tax Act and GST law, including return review and reconciliations.
Communication & Presentation
- Clear written communication: audit reports, management letters and client emails that need little rework.
- Confident verbal communication with CFOs, audit committees and bank officials.
- Ability to present findings crisply and handle push-back on observations.
MS Office
- Excel: advanced — pivot tables, XLOOKUP/VLOOKUP, SUMIFS, data cleaning, reconciliations and sampling workbooks.
- Word: structured, well-formatted reports with consistent styles, tables and cross-references.
- PowerPoint: concise, client-ready decks for audit committee and management presentations.
What We Offer & How to Apply
- Direct exposure to partners and to a diverse client base across audit, assurance, banking and tax.
- Ownership of engagements early in your post-qualification career.
- Competitive compensation, commensurate with experience.
- To apply, send your CV with current CTC, expected CTC and notice period to narayana.malla@jhsassociates.in and neelu.rajpurohit@jhsassociatesllp.in with the subject line "Application – Audit Manager, Bengaluru".
Pay: ₹900,000.00 - ₹1,200,000.00 per year
Work Location: In person
