Statutory Audit-3-6-Andheri East

As a Statutory Audit professional with 3 to 6 years of experience, your role will primarily involve the following responsibilities: - Apply your knowledge of Ind AS in financial statement audits, focusing on areas like revenue recognition, financial instruments, business combinations, leases, impairment, and employee benefits. - Evaluate consolidation workings of group entities, including adjustments for subsidiaries, associates, and joint ventures. Prepare complicated consolidations as per Ind AS and schedule III. Assist in group audit reporting as per Revised SA 600, which involves communication with component auditors. - Work on group audits, ensuring proper coordination with network firms and component auditors. Review reporting packs and consolidation schedules to ensure compliance with Ind AS and Group reporting requirements. - Lead statutory audits, limited reviews, and other assurance engagements following SAs and firm methodology as per SQC 1. Manage end-to-end execution of audit assignments, including planning, risk assessment, sampling, testing, and documentation. Review working papers prepared by junior staff and provide guidance. Conduct ICFR testing and CARO. - Ensure audits are executed in compliance with SAs, SEBI/Limited Review Guidelines, and ICAI/NFRA pronouncements. Identify audit issues and prepare well-documented audit findings for discussion with managers/partners. Maintain audit quality and meet deadlines under planned schedules. - Develop and maintain strong working relationships with client personnel. Discuss key audit findings and recommendations with client management. Support in the preparation of audit deliverables such as management letters, CARO reporting, and audit reports. - Mentor and train junior staff on Ind AS, consolidation, and audit methodology. Assist in internal knowledge-sharing sessions on technical updates. Please note that the company has not provided any additional details in the job description.,