Director / Associate Director - Statutory Audit

ID
59176
Company Name
Rakhi
Consultant / Direct Employer:
Consultant
Annual Turn Over
 
Consulting / Industry
Consulting
Industry:
Role / Designation
DGM
Job Type
Jobseeker
Expertise
Accounting , IFRS , IndAS , Statutory Audit , US GAAP
Publish Date
2019-10-15 06:42:58
Location
Hyderabad
Expire Date
2019-11-14 06:42:58
Minimum CTC p.a. (INR):
25
Maximum CTC p.a. (INR):
30
Job Description

Role Summary

Position Title: Principal / Associate Director – Statutory Audit

Department: Assurance

Location: Hyderabad

Reporting Manager: Partner, Hyderabad

 

The work under the assurance division consists of the following:

  • Statutory Audit of Companies / Firms / Banks etc.
  • Audit of Government Companies appointed by the CAG
  • IFRS Convergence
  • Group reporting
  • US GAAP conversion from Indian GAAP
  • Concurrent audit of Banks – only large forex and investment divisions
  • BFSI experience – Stat, internal and concurrent
  • Certification work including remittance certificates
  • Tax Audits
  • Accounting opinions
  • XBRL

 

Functions to be performed:

The execution role of the Assurance Principal would be to finalize the above mentioned audits and reviews. His / Her role will also include:

  • Operations:
  • Quality and timely delivery of all the attest work mentioned above
  • Internal SOP’s and methodology to be kept updated
  • Implementation of auditing and other related standards
  • Project monitoring
  • Strengthen the technical base of the practice
  • Organize seminars and preside as speaker at seminars/conclaves
  • Increase the practice visibility as a member firm in the internationalnetwork with which SKP has an affiliation
  • Release alerts regularly
  • Attending/reviewing presentation of the audit committee
  • Have complete understanding and exposure of Companies Act 2013, Accounting standards, Auditing standards, Tax laws, IFRS and US GAAP
  • Develop other SKP branches
  • Develop a training module for staff and ensure that the same is adhered
  • Organize and undertake all trainings like technical trainings, soft skills trainings etc.

 

  • Peer Review: Final check on:
  • Quality of delivery
  • Application of service delivery methodologies

 

  • Sales and Marketing:
  • Aligning firm marketing policy to the service vertical
  • Existing client mining
  • Cross service vertical client mining
  • Developing and maintaining client relationships
  • Updating collaterals, flyers, brochures, etc.
  • Developing the domestic and geographic market
  • Increase visibility in the domestic and international markets
  • Increasing the visibility of the practice within SKP

 

  • Administration:
  • Planning & Scheduling of engagements and staff
  • Engagement profitability
  • Billing & Collection
  • Preparation of Budgets for the Practices
  • Budget V/s Actual comparison and analyze the reasons
  • Revision in fees

 

  • People Management:
  • Staff Appraisals and increments
  • Ensure roles and responsibilities are identified for the team and an active role in interviewing and selecting candidates
  • Building teams
  • Employee Retention:
  • Review of efficient and effective planning, selection and team management of all resources throughout the year including temporary resource redeployment within team / with other departments
  • Building of team morale and motivate people in the team and firm
  • Ensure that open communication channels are maintained within the practice
  • Address issues at emotional / infrastructural level at work being faced by teams, take responsibility for team building and motivation of teams
  • Identifying training needs of teams and assist in skill building where deficiencies are identified
  • Ensure on-boarding and process training happens for new employees
  • Perform timely appraisal and provide balance between firm and employee aspirations
  • Develop and create leaders within the department
  • Crisis Management: Resolve by providing upfront solutions under engagement / Practice crisis situations

 

Desired Candidate Profile:

  • Experience in/exposure to the following areas is essential
  • Specialist knowledge of Statutory Audit of Companies / Firms / Banks etc.
  • Audit of Government Companies appointed by the CAG
  • IFRS Convergence
  • Group reporting
  • US GAAP conversion from Indian GAAP
  • Concurrent audit of Banks – only large forex and investment divisions only
  • BFSI audit experience
  • Knowledge of/exposure to the following areas will be an added advantage
  • BFSI experience - Stat, internal and concurrent
  • Certification work including remittance certificates
  • Limited Review
  • Tax Audits
  • XBRL
  • Strong Practice management skills
  • Proven supervisory / leadership abilities
  • Excellent written and spoken communication skills including legal/technical drafting
  • Very good interpersonal skills and good analytical / process skills

 

Qualification

  • Should be a qualified Chartered Accountant
  • 10+ years of work experience in executing and leading Statutory Audit assignments in large accounting firms, across different business sectors, with domain specialization in two or more sectors
Candidate Profile

Desired Candidate Profile:

  • Experience in/exposure to the following areas is essential
  • Specialist knowledge of Statutory Audit of Companies / Firms / Banks etc.
  • Audit of Government Companies appointed by the CAG
  • IFRS Convergence
  • Group reporting
  • US GAAP conversion from Indian GAAP
  • Concurrent audit of Banks – only large forex and investment divisions only
  • BFSI audit experience
  • Knowledge of/exposure to the following areas will be an added advantage
  • BFSI experience - Stat, internal and concurrent
  • Certification work including remittance certificates
  • Limited Review
  • Tax Audits
  • XBRL
  • Strong Practice management skills
  • Proven supervisory / leadership abilities
  • Excellent written and spoken communication skills including legal/technical drafting
  • Very good interpersonal skills and good analytical / process skills

 

Qualification

  • Should be a qualified Chartered Accountant
  • 10+ years of work experience in executing and leading Statutory Audit assignments in large accounting firms, across different business sectors, with domain specialization in two or more sectors
Total Experience (Yrs)
10-15
Relevant Experience (Yrs)
-
Graduation:
B.com
Other Qualification:
CA
CA
Achievement in CA:

Logs

Creation Date
2019-10-10
views
19
No. of applicants
0
No. of application viewed by Employer
0
Last loggedin date of employer
2019-10-15

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