Principal Consultant - Statutory Audit

Phenom Placement
  • Pune
  • Confidential
  • 10-15 years
  • 203 Views
  • 19 Oct 2016
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  • Audit and Assurance

  • Management Consulting
Job Description

Qualification :CA ( with Min 10yrs+ Exp in Consulting)

Work Type:

The execution role of the Assurance Principal would be to finalize the above mentioned audits and reviews.

His / Her role will also include:

* Peer Review:

Final check on:

o quality of delivery

o application of service delivery methodologies

* Practice development:

o Implementing and maintaining service delivery methodologies

o Ensuring uniform audit practices across the firm

o Updation of manuals and methodologies keeping in the mind the dynamic environment

o Uniform implementation of Auditing Standards across the firm

o Developing methodologies for new areas practices

o Standardization of procedures for existing work

o Preparing partners meeting presentation

o Preparing for regular Partner manager meeting

o Planning for all audit clients and coordination with other departments

o Monitoring Project management for all clients within audit

o Research updation

o Technical support to own and other practices

o Knowledge management

o Implementation of software tools for audit

o Releasing alerts on regular basis

* Administration:

o Planning & Scheduling of engagements and staff

o Engagement profitability

o Billing & Collection

o Preparation of Budgets for the Practices

o Budget V/s Actual comparison and analyze the reasons

o Preparation of Business Plan for the Practice

o Business development

o Client relationships

o Relationships are properly maintained

o Quality of delivery

o Timeliness of delivery

o Revision in fees

o Regular meetings with clients

o Pricing strategy

o New products

o Presentations

o Sales materials

o Sales pitches

o Review of Flyers

o Proposals

o Pipeline management

o Engagement acceptance terms

* Training:

o Developing a training module for staff and ensuring that the same is adhered to

o Induction training

o Staff training on technical matters

o Soft skill training for staff

o Outside training at seminars

* Resource Management:

o Staff Appraisals

o Interviews

o Training

o Increments

o Proper Job descriptions based on the work being handled

o Building teams

* Employee Retention:

o 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,

o Building of team morale and motivate people in the team and firm,

o Address issues at emotional / infrastructural level at work being faced by teams, take responsibility for team building and motivation of teams

o Identifying training needs of teams and assist in skill building where deficiencies identified,

o Ensure on-boarding and process training happens for new employees

o Perform timely appraisal and provide balance between firm and employee aspirations

o Develop the next manager, and other subordinates for the next levels

* Crisis Management:

o Resolve by providing upfront solutions under engagement / practice crisis situations


Competencies/Skill sets for this job

Audit Auditing Auditing Standards

Job Posted By

About Organisation

Phenom Placement