Job Opportunity - Manager - Assurance (Statutory Audit -Attest)

About Us:

Sudit K. Parekh & Co. LLP (Formerly Sudit K. Parekh & Co.) was founded in 1962 as an audit and tax practice. Headquartered in Mumbai, registered with Institute of Chartered Accountants of India (ICAI). The firm has grown over the years and evolved into a multi-location and diversified organization. We provide a complete suite of advisory, assurance and tax services, encompassing planning, compliance, certification and representation, from a domestic as well as international perspective. We provide integrated solutions to Fortune 500 companies, multinationals, and privately held businesses.

To know more about us, visit https://suditkparekh.com

JOB DESCRIPTION:

Your job responsibilities will include,

The execution role of the Assurance Manager would be to finalize the above-mentioned audits and reviews. The role will also include:

• Peer Review:

Final check on:

• quality of delivery
• application of service delivery methodologies
• Practice development:
• Implementing and maintaining service delivery methodologies
• Ensuring uniform audit practices across the firm
• Updating manuals and methodologies keeping in mind the dynamic environment
• Uniform implementation of Auditing Standards across the firm
• Developing methodologies for new areas practices
• Standardization of procedures for existing work
• Preparing partners meeting presentation
• Preparing for regular Partner manager meeting
• Planning for all audit clients and coordination with other departments
• Monitoring Project management for all clients within audit
• Research updation
• Technical support to own and other practices
• Implementation of software tools for audit
• Releasing alerts on regular basis
• Administration:
• Planning & Scheduling of engagements and staff
• Engagement profitability
• Billing & Collection
• Preparation of Budgets for the Practices
• Budget V/s Actual comparison and analyze the reasons
• Preparation of Business Plan for the Practice
• Business development
• Client relationships
• Relationships are properly maintained
• Quality of delivery
• Timeliness of delivery
• Revision in fees
• Regular meetings with clients
• Pricing strategy
• New products
• Presentations
• Sales materials
• Sales pitches
• Review of Flyers
• Proposals
• Pipeline management
• Engagement acceptance terms
• Training:
• Developing a training module for staff and ensuring that the same is adhered to
• Induction training
• Staff training on technical matters
• Soft skill training for staff
• Outside training at seminars
• Resource Management:
• Staff Appraisals
• Interviews
• Training
• Increments
• Proper Job descriptions based on the work being handled
• Building teams
• Employee Retention:
• Review of efficient and effective planning, selection and team management of all resources throughout the year including temporary resource redeployment within team / with other departments,
• Building of team morale and motivate people in the team and firm,
• Address issues at emotional / infrastructural level at work being faced by teams, take responsibility for team building and motivation of teams
• Identifying training needs of teams and assist in skill building where deficiencies identified,
• Ensure on-boarding and process training happens for new employees
• Perform timely appraisal and provide balance between firm and employee aspirations
• Develop the next manager, and other subordinates for the next levels
• Crisis Management:
• Resolve by providing upfront solutions under engagement / practice crisis situations

Core Competencies:

• Service Orientation Should be aware of both - the internal as well as external customers and their needs; and is committed to meeting the customers evolving, long-term needs the focus is on SERVICE
• Result Orientation – Should be able to direct efforts towards developing and implementing realistic action plans to meet business objectives; with a sense of urgency – the focus is on achieving RESULTS
• Initiative – One must not only understand and accept the responsibilities towards his/her job; but also proactively works towards identifying challenges and its resolution – the focus is on seeking SOLUTIONS
• Professionalism – Should have in-depth knowledge of all functions and displays not only required skill-set, but also ethics and integrity while conducting the job – the focus is on PROFESSIONALISM
• Cooperation – One must ensure completion of all tasks at hand and simultaneously extends support to team members and displays joint ownership towards achieving business objectives – the focus is on TEAMWORK
• Communication/Feedback – Should believe in providing feedback to other associates and receiving feedbacks to enhance performance, thereby meeting business objectives – the focus is on OPEN COMMUNICATION

DESIRED CANDIDATE PROFILE:

• 7+ years of experience in the following areas is essential
• Specialist knowledge of Statutory Audit of Companies / Firms / Banks etc.
• Audit of Government Companies appointed by the CAG
• IFRS Convergence
• Group reporting
• US GAAP conversion from Indian GAAP
• Concurrent audit of Banks – only large forex and investment divisions only
• BFSI audit experience
• Knowledge & exposure to the following areas will be an added advantage
• BFSI experience - Statutory, internal and concurrent
• Certification work including remittance certificates
• Limited Review
• Tax Audits
• XBRL
• Proven supervisory / leadership abilities
• Excellent written and spoken communication skills including legal/technical drafting
• Excellent interpersonal skills and good analytical / process skills

Hiring Process:

Your interaction with us will include, but not be limited to,

- Technical / HR Interviews

- Technical / Behavioral Assessments

Finally, our people are our most valuable asset; if you agree with us.