Associate Audit Manager

Job description

**Key Responsibilities** **1. Internal Audit (Process & Control)** - **Risk Assessment:** Develop and implement risk-based internal audit plans to evaluate the effectiveness of operational and financial controls. - **Control Testing:** Review internal processes (procurement, payroll, inventory) to identify control weaknesses and prevent fraudulent activities. - **Action Plans:** Draft actionable audit reports and collaborate with department heads to implement corrective measures. **2. Statutory Audit (Compliance & Reporting)** - **Financial Review:** Conduct statutory audits to ensure financial statements present a true and fair view in compliance with the relevant Act (e.g., Companies Act) and accounting standards. - **Documentation:** Prepare comprehensive audit working papers, verify balances (bank, debtors, creditors), and ensure audit readiness. - **External Coordination:** Serve as the primary point of contact for external auditors and assist in finalizing standalone/consolidated financials. **3. Tax Audit (Direct & Indirect Taxation)** - **Tax Computations:** Prepare and review tax computations, ensuring compliance with local Income Tax regulations (e.g., Form 3CD). - **Reconciliation:** Reconcile books of accounts with statutory tax returns (e.g., mapping turnover and Input Tax Credit with GST returns). - **Assessments:** Assist in handling scrutiny assessments, resolving tax queries, and ensuring timely filing of all tax returns. **4.Key Requirements & Qualifications** - **Education:** Bachelors degree in Accounting/Finance. Professional qualification such as CA, CPA, or CIA strongly preferred. - **Experience:** 3+ years of progressive experience in auditing (Internal, Statutory, and Tax). - **Technical Skills:** Strong knowledge of GAAP, Ind AS/IFRS, and local tax laws. Advanced proficiency in Excel and major ERPs (e.g., SAP, Oracle, Tally). - **Soft Skills:** Exceptional analytical skills, uncompromising integrity, and strong written/verbal communication.