Job description
Responsibilities
➢ Assist in planning statutory audit engagements, including understanding client business, key accounting policies, significant risk areas, and timelines for reporting. ➢ Perform detailed testing of component of financial statement and other significant ledgers, including sampling, vouching to invoices, PO–GRN–Invoice matching, and cut‑off testing.
➢ Assist in performing analytical review procedures on P&L and balance sheet items; investigate unusual variances with client explanations and supporting documents. ➢ Support CARO and Companies Act reporting by gathering and testing specific information. ➢ Document procedures performed, evidence obtained, and conclusions reached in firm‑standard work papers, ensuring clear linkage to audit objectives.
➢ Coordinate with client finance and operational teams for data requests, schedules, and clarifications, and track open points to closure. ➢ Support completion of tax audit clauses (e.g., Form 3CD) by preparing and validating required details and schedules as per audit program.
Requirements
➢ Strong understanding of Schedule III presentation and disclosure requirements, and working knowledge of applicable Ind AS/ Accounting Standards. ➢ Familiarity with common audit tools and templates (lead schedules, trial balance mapping, sampling sheets). ➢ Proficient in MS Excel for data analysis; exposure to ERP environments such as SAP/Oracle/Tally for transaction‑level testing.
➢ Strong professional scepticism, attention to detail, and commitment to audit quality and compliance with ethical standards. ➢ Clear and concise communication skills, with ability to document issues and discuss them constructively with client staff and internal seniors. ➢ Ability to manage peak‑season work pressures, multiple concurrent assignments, and travel requirements as per engagement needs.