Audit Executive

Experience Required: 1–3 years
Qualification: CA Inter / CA Final (Dropout) / B.Com with relevant audit experience

Job Summary:

We are seeking a detail-oriented and analytical Audit Executive to support our audit team in executing statutory audits, bank audits, and audits of Alternative Investment Funds (AIFs). The ideal candidate should possess strong technical knowledge of accounting and auditing standards and be capable of handling multiple audit assignments efficiently.

Key Responsibilities:

1. Statutory Audit:

• Conduct statutory audits of corporates in compliance with Companies Act, 2013.

• Perform risk assessments and internal control testing.

• Prepare and review financial statements as per Ind AS or applicable GAAP.

• Coordinate with client teams for data, documentation, and audit closure.

• Ensure timely completion of audit engagements and reporting.

2. Bank Audit:

• Perform central statutory audits (CSA) or branch audits as per RBI guidelines.

• Verify advances, cash, investments, and other areas of banking operations.

• Evaluate compliance with RBI norms, banking regulations, and KYC requirements.

• Prepare Long Form Audit Reports (LFAR), Tax Audit Reports, and other deliverables.

3. AIF Audit:

• Conduct audit and assurance services for AIFs (Category I/II/III).

• Ensure compliance with SEBI (AIF) Regulations.

• Review fund financial statements and NAV calculations.

• Validate investment valuation, income recognition, and expense allocation.

• Coordinate with fund administrators and investment managers.

Requirements:

• Strong understanding of accounting standards (Ind AS, IGAAP).

• Working knowledge of auditing standards (SA), Companies Act, and Income Tax Act.

• Experience in using audit tools, MS Excel, and financial systems.

• Good communication and interpersonal skills.

• Ability to work independently and in a team-oriented environment.

• Willingness to travel for on-site audit assignments (where required).

Preferred Qualifications:

• CA Inter / CA Finalist / CA (dropout) with 1–3 years of audit experience.

• Prior experience in statutory audits of listed/unlisted companies, banks, or AIFs.

• It is a Full Time Accountant job for candidates with 3 - 6+ years Experience.

More about this Audit Executive job

1. What is the eligibility criteria to apply for this Audit Executive job?
   Ans: The candidate should be Graduate and above and above with 3 - 6+ years Experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹40000 - ₹50000 per month that depends on your interview. It's a Full Time job in Mumbai.
3. How many working days are there for this Audit Executive job?
   Ans: This Audit Executive job will have 6 working days.
4. Are there any charges applicable while applying or joining this Audit Executive job?
   Ans: No, there is no fee applicable for applying this Audit Executive job and during the employment with the company, i.e., VSM AND CO.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Audit Executive role?
   Ans: There is an immediate opening of 5 Audit Executive at VSM AND CO
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Accountant job.
8. What are the timings of this Audit Executive job?
   Ans: This Audit Executive job has 10:00 AM - 06:00 PM timing.