IN-Senior Associate Independence - Independence ADV-IFS-Gurugram

Job Description

The Senior Associate will be responsible to contribute towards the firm s compliance with the Independence policies and processes. The role involves evaluating independence threats followed by providing appropriate guidance and educating business teams, testing compliance with Authorization of service process and related matters. The role requires broaden knowledge of external regulations on independence such as India CA, SEC, EU, IESBA code of ethics and internal PwC policy and guidance covering GIP& SOPS. Review new nonaudit services for permissibility under applicable Independence restriction standards such as India CA, GIP, SEC, EU etc. followed by guiding business teams on onward appropriate approval process. Assess ongoing or completed nonaudit services for permissibility under applicable Independence restriction standards and submit permissibility analysis. Coordinate with cross functional teams within independence office, risk and quality and legal teams to align policies and procedures. Impart training on Independence to new joiners as part of the onboarding process. Coach business teams including partner, manager, and practice staff on independence matters. Perform AFS Testing on a quarterly basis. Prepare and maintain detailed documentation of AFS testing and decisions. Document and report any process violations and any breaches of independence policies and the actions taken to regularize them. Prepare and share daily work MIS to reporting manager. Be a team player. Maintain positive work decorum and maintain team equilibrium. Perform other specific assigned tasks in Independence and allied areas diligently. Engage in ongoing professional development to remain knowledgeable to about independence standards and best practices. Participate in projects aimed at improving the efficiency and effectiveness of independence process aligned to volatile business requirements withing independence boundaries. Mandatory skill sets Strong understanding of regulatory requirements and professional standards related to auditor independence. Excellent analytical and problemsolving skills Strong Communication and interpersonal skills Ability to work independently and as part of a team Attention to detail and high level of accuracy Preferred skill sets Proficient in MS office suite and other work relevant software