Statutory Audit || Assistant Manager - Immediate Joiners Job Description Template
In this role, you will be responsible for assisting in managing statutory audit engagements, ensuring compliance with financial regulations and standards. You will work closely with the audit team to plan, execute, and report on audit findings. Immediate joiners are preferred for this position.
Responsibilities
- Assist in planning and executing statutory audit engagements.
- Ensure compliance with financial regulations and accounting standards.
- Review financial statements and accounting records.
- Identify and communicate audit findings and recommendations.
- Support the audit team in documentation and reporting.
- Conduct risk assessments and evaluate internal controls.
- Liaise with clients and address their audit-related queries.
Qualifications
- Bachelor's degree in Accounting, Finance, or related field.
- Professional certification such as CA, CPA, or equivalent.
- Minimum 3-5 years of experience in statutory auditing.
- Strong knowledge of accounting standards and financial regulations.
- Excellent analytical and problem-solving skills.
- Effective communication and interpersonal skills.
- Ability to work under tight deadlines and manage multiple tasks.
Skills
- Auditing
- Financial Reporting
- Risk Assessment
- Internal Controls
- GAAP
- IFRS
- Microsoft Excel
- Time Management
- Client Management
Frequently Asked Questions
A Statutory Audit Assistant Manager plays a crucial role in conducting and overseeing statutory audits for various organizations. Responsibilities include preparing and reviewing audit plans, managing audit teams, and ensuring compliance with industry standards. They work closely with senior management to interpret financial data and produce audit reports, ensuring accuracy and adherence to regulatory requirements.
To become a Statutory Audit Assistant Manager, candidates typically need a degree in accounting, finance, or a related field. Professional certifications such as CPA or ACCA are highly valued. Additionally, experience in auditing, preferably in a managerial role, is often required. Developing expertise in industry-specific regulations, enhancing leadership skills, and gaining experience through internships or entry-level positions can also pave the way to this role.
The average salary for a Statutory Audit Assistant Manager can vary based on factors such as geographical location, company size, and level of experience. Generally, candidates with more experience and professional certifications may command higher salaries. Additionally, the demand for statutory audit professionals in specific industries can influence salary expectations. Researching industry reports and job listings can provide more region-specific data.
Qualifications for a Statutory Audit Assistant Manager role typically include a bachelor's degree in accounting, finance, or business administration. Professional certifications like CPA, ACCA, or CA are often preferred. Employers also look for candidates with substantial experience in auditing, strong analytical skills, and proficiency in financial analysis tools and regulatory requirements. Strong leadership and communication skills are also essential.
Key skills for a Statutory Audit Assistant Manager include analytical thinking, attention to detail, and proficiency in accounting software. Responsibilities entail leading audit teams, planning and executing audits, and ensuring compliance with legal standards. They must also possess strong communication skills to liaise with clients and stakeholders, as well as problem-solving abilities to address complex financial and regulatory issues.