Role Summary
We are seeking a highly capable and process-driven Audit Manager with 7–10 years of experience in audit, assurance, and financial compliance. The incumbent will be a qualified Chartered Accountant with comprehensive expertise in managing internal audits, statutory audits, and due diligences end-to-end. This senior role demands deep knowledge of accounting standards, meticulous preparation of audit schedules, extensive experience in book closure, and the ability to liaise effectively with external auditors, internal teams, and regulatory authorities — all within firm deadlines. The role requires strong coordination with the finance team and direct management of 1–2 audit professionals.
Key Responsibilities
1. Statutory Audit Management
- Own end-to-end coordination with statutory auditors (Big 4 / reputed firms) for timely and clean completion.
- Prepare comprehensive audit schedules, annexures, and working papers well ahead of audit commencement.
- Prepare notes to accounts, disclosures, and related party schedules as per Companies Act and Ind AS requirements.
- Ensure zero material audit observations by proactively resolving open items before the audit window.
- Coordinate signing of financial statements, board resolutions, and management representation letters.
- Manage ROC filings, XBRL tagging, and timely submission of audited financials to regulatory authorities.
2. Internal Audit Management
- Plan, execute, and close the annual internal audit calendar in coordination with the internal audit firm or team.
- Prepare internal audit scope documents, risk matrices, and process-wise audit programmes.
- Review internal audit reports, validate findings, and ensure observations are factually accurate before issuance.
- Drive timely action taken reports (ATRs) from process owners and track closure of all open audit points.
- Present internal audit findings and status updates to the Audit Committee and CFO on a quarterly basis.
- Implement recommendations from internal audits to strengthen internal controls across the organisation.
3. Due Diligence Coordination
- Lead financial due diligence processes for M&A, fundraising, PE investments, and strategic transactions.
- Compile and organise the financial data room – P&L, balance sheet, cash flows, schedules, and contracts.
- Prepare management information packs and financial summaries for due diligence teams.
- Liaise with legal, tax, and operations teams to ensure all diligence queries are addressed accurately and promptly.
- Identify and flag financial, accounting, or compliance risks during the due diligence process.
4. Book Closure & Financial Statements
- Oversee and actively participate in month-end, quarter-end, and year-end book closure processes.
- Ensure all accruals, provisions, prepayments, and adjusting entries are posted before closure deadlines.
- Review trial balance, ledger scrutiny, and balance sheet reconciliations ahead of every closure.
- Prepare or review standalone and consolidated financial statements as per Ind AS / IGAAP.
- Ensure accurate computation and disclosure of deferred tax, depreciation, and employee benefits (AS 15 / Ind AS 19).
- Maintain a closure checklist and enforce adherence across the finance team for every reporting period.
5. Accounting Standards & Compliance
- Apply and ensure compliance with Indian Accounting Standards (Ind AS / IGAAP) across all financial reporting.
- Keep the organisation current on new and revised accounting standards; assess impact and implement changes.
- Provide technical accounting guidance on complex transactions – business combinations, leases (Ind AS 116), revenue recognition (Ind AS 115).
- Review accounting policies annually and recommend updates to align with regulatory changes.
- Ensure compliance with Companies Act 2013 requirements for financial statement preparation and disclosure.
6. Finance Team Coordination & Leadership
- Serve as the key audit and compliance interface for the broader finance team of 15–20 members.
- Coordinate with AP, AR, treasury, and tax teams to gather schedules, reconciliations, and supporting data for audits.
- Directly manage and mentor a team of 1–2 audit professionals – assign work, review outputs, and conduct appraisals.
- Establish and maintain an audit-ready environment throughout the year — not just at year-end.
- Liaise with external auditors, tax consultants, secretarial advisors, and internal audit firms proactively.
Pay: ₹1,200,000.00 - ₹1,500,000.00 per year
Work Location: In person
