Statutory Audit || AM || Chandigarh Job Description Template
As an Assistant Manager for Statutory Audit based in Chandigarh, you will be responsible for planning, executing, and completing statutory audit engagements for a diverse range of clients. You will ensure compliance with applicable regulations, deliver high-quality audit reports, and offer strategic insights for financial management and improvement.
Responsibilities
- Conduct and manage statutory audit assignments as per regulatory requirements.
- Develop audit plans and programs in accordance with established protocols.
- Review financial statements and related documentation to ensure compliance with standards.
- Provide training and guidance to junior audit staff.
- Communicate audit findings and recommendations to clients effectively.
- Collaborate with internal and external stakeholders to resolve audit issues.
- Stay updated with changes in accounting standards and regulatory requirements.
Qualifications
- Bachelor's or Master's degree in Accounting, Finance, or a related field.
- Professional certification such as CA, CPA, or equivalent.
- Minimum 3-5 years of experience in statutory auditing.
- Strong knowledge of accounting principles and statutory regulations.
- Excellent interpersonal and communication skills.
- Proven ability to manage multiple projects and meet deadlines.
Skills
- Statutory Audits
- Accounting Standards
- Financial Analysis
- Audit Planning
- Regulatory Compliance
- Team Leadership
- Problem Solving
- Microsoft Excel
- ERP Systems
Frequently Asked Questions
A Statutory Audit Assistant Manager in Chandigarh oversees the statutory auditing process, ensuring that financial statements are accurate and comply with local regulations. This role involves planning and performing audits, reviewing financial documents, and reporting findings to senior management. The position may also require coordinating with clients to address audit issues and supporting the audit team to maintain high-quality audit standards.
To become a Statutory Audit Assistant Manager in Chandigarh, candidates generally need a degree in accounting or finance, along with professional qualifications such as CA or ACCA. Significant experience in auditing, preferably in a senior role, is crucial. Strong analytical skills, attention to detail, and excellent communication abilities are essential. Networking with professionals and keeping updated with industry changes can also enhance prospects
The average salary for a Statutory Audit Assistant Manager in Chandigarh varies based on factors such as experience, qualifications, and company size. Typically, it ranges from competitive to higher scales due to the critical nature of compliance roles. Comprehensive benefits may accompany the salary. Researching industry standards and discussing with peers can provide a clearer picture of expected compensation.
Qualifications for a Statutory Audit Assistant Manager role in Chandigarh typically include a bachelor's or master's degree in finance or accounting, along with certification as a Chartered Accountant (CA) or a Chartered Certified Accountant (ACCA). Experience in a senior auditing role and familiarity with Chandigarh's regulatory environment are crucial. Skills such as leadership, communication, and critical thinking are highly valued.
Key skills for a Statutory Audit Assistant Manager in Chandigarh include strong analytical abilities, proficiency in financial software, and excellent attention to detail. Responsibilities involve leading audit teams, ensuring compliance with statutory requirements, and preparing detailed reports. The role requires liaising with clients to clarify issues and regularly updating financial practices based on evolving regulations.