Associate Director - Satutory Audit - Ind AS

WEN - Women Entrepreneur Network · Delhi, India

Role - Associate Director - Statutory Audit

Organization - Grant Thornton

Location - Delhi

About Org:-

Our client is a prestigious Top-Tier global accounting and consulting network. A Leading global professional services and accounting network delivering high-quality audit, tax, and advisory services. Ranked among the premier accounting firms worldwide, they partner with dynamic, mid-market to large corporate enterprises to drive sustainable growth, technical excellence and robust regulatory compliance across diverse industries. Renowned for excellence in statutory audit, risk advisory, and business consulting, the firm works closely with leading multinational and Indian corporations to uphold top-standard financial reporting and corporate governance.

We are seeking a highly skilled and experienced Associate Director specializing in Statutory Audit under Ind AS to join our prestigious management consulting firm. The ideal candidate will possess a deep understanding of the statutory audit processes, compliance requirements, and accounting standards applicable to Indian Accounting Standards (Ind AS). This leadership role demands a strategic thinker with exceptional technical expertise, strong analytical capabilities, and the ability to manage complex audit engagements across diverse industries. As an Associate Director, you will play a pivotal role in driving audit quality, ensuring adherence to regulatory frameworks, and providing insightful recommendations to clients to enhance their financial reporting and control environments. You will collaborate closely with cross-functional teams, mentor junior auditors, and foster strong client relationships to deliver exceptional value. If you are passionate about statutory audits and possess a proven track record in Ind AS compliance, this opportunity offers a challenging and rewarding career path in a dynamic management consulting environment, where your contributions will directly impact client success and organizational growth.

Responsibilities :-

● Lead and manage statutory audit engagements in accordance with Ind AS and regulatory requirements.

● Oversee audit planning, execution, and reporting to ensure quality and compliance standards are met.

● Review financial statements and audit documentation for accuracy and completeness.

● Provide technical guidance and support to audit teams on complex accounting and auditing issues.

● Develop and maintain strong relationships with clients to understand their business and address audit-related concerns.

● Advise clients and teams on technical accounting issues relating to IFRS and/or Indian GAAP/ IGAAP / Local GAAP

● Mentor and train junior auditors, fostering professional growth and adherence to best practices. ● Coordinate with regulatory bodies and external stakeholders during audit processes and inspections.

● Identify risks and recommend internal control improvements to enhance financial reporting processes.

● Demonstrate thorough knowledge of the Audit Framework w.r.t: Sampling Guidance, Working Paper Requirements, Re-performance Standards, Quality Requirements, Social Compliance reviews. ● Stay updated with changes in Ind AS standards, auditing guidelines, and related regulations.

● Develop and implement audit plans

● Lead and manage audit teams

● Perform risk assessments

● Review and analyze financial records

● Prepare audit reports

● Ensure compliance with regulations

Criteria :-

● Chartered Accountant qualification (CA) with proven expertise in statutory audits under Ind AS (current experience).

● Minimum 8-10 years of relevant experience in statutory audit within a reputed consulting or audit firm.

● In-depth knowledge of Indian Accounting Standards (Ind AS) and audit methodologies.

● Strong understanding of regulatory frameworks and compliance requirements applicable to statutory audits.

● Demonstrated ability to manage multiple audit engagements and lead audit teams effectively.

● Excellent analytical, problem-solving, and communication skills with attention to detail.

● Proven capability in client relationship management and stakeholder engagement.

● Experience in mentoring and developing audit professionals to drive team performance.

● Proficiency in audit software and other tools.

● Effective communication and leadership abilities.