Assistant Manager - Audit & Assurance

Job Title: Assistant Manager – AuditLocation

Mumbai - Marine Lines

Department

Audit & Assurance

Experience Required

Minimum 4 Years of Relevant Audit Experience

Qualification

B.Com / M.Com / MBA (Finance) / Semi-Qualified Professional

CA qualification is not mandatory

Candidates from CA firms, audit firms, consulting firms, or industry internal audit functions are encouraged to apply

Job Summary

We are seeking an experienced and proactive Assistant Manager – Audit to lead and manage audit assignments while supervising a team of 4-5 audit professionals. The ideal candidate should possess strong technical knowledge of auditing, financial statements, internal controls, and regulatory compliance. The role requires excellent leadership, client management, and project execution skills.

Key ResponsibilitiesAudit Execution & Management

Plan, execute, and supervise statutory audits, internal audits, tax audits, and other assurance engagements.

Review audit working papers and ensure compliance with auditing standards and firm methodologies.

Analyze financial statements, accounting records, and internal control systems.

Identify audit risks, observations, and areas for process improvement.

Ensure timely completion of assignments within budget and deadlines.

Team Leadership

Lead, mentor, and manage a team of 4-5 audit executives and associates.

Allocate assignments and monitor team performance.

Review work performed by team members and provide technical guidance.

Conduct regular training sessions and knowledge-sharing initiatives.

Client Management

Act as the primary point of contact for clients during audit engagements.

Coordinate with client management for information gathering and issue resolution.

Build and maintain strong professional relationships with clients.

Present audit findings and recommendations effectively.

Compliance & Quality Control

Ensure compliance with applicable accounting standards, auditing standards, and regulatory requirements.

Maintain high-quality documentation and audit files.

Assist partners/managers in implementing quality control procedures.

Reporting

Prepare audit reports, management letters, and presentations.

Assist in drafting observations, recommendations, and executive summaries.

Track engagement progress and report status to senior management.

Required Skills & Competencies

Strong knowledge of auditing procedures and financial reporting.

Working knowledge of Companies Act, Accounting Standards, and regulatory compliance.

Ability to review financial statements and identify risks.

Excellent analytical and problem-solving skills.

Strong leadership and team management capabilities.

Effective communication and stakeholder management skills.

Proficiency in MS Excel, Word, and audit documentation tools.

Preferred Experience

Experience in handling multiple audit assignments simultaneously.

Exposure to manufacturing, service, trading, or SME clients.

Prior experience in leading a team is preferred.

Experience in client-facing roles and managing audit engagements independently.

Key Performance Indicators (KPIs)

Timely completion of audit assignments.

Quality of audit documentation and reporting.

Client satisfaction and retention.

Team productivity and development.

Compliance with audit standards and internal quality requirements.

Compensation

Competitive salary based on experience, qualifications, and demonstrated leadership capabilities.

Pay: ₹700,000.00 - ₹1,000,000.00 per year

Work Location: In person