Job Title: Statutory Audit Executive – NBFC
Location: Sector 62, Gurgaon
Company: Rrayze Business Solutions
Experience: 2–4 Years
Qualification: CA-Inter, BCom, MCom or Any Finance Related Degree
About Rrayze Business Solutions
Rrayze Business Solutions is a leading business consulting firm with operations across India and international markets. We provide Finance, Compliance, HR Outsourcing, Recruitment, and Business Advisory services to a diverse client base across industries.
Role Overview
We are looking for a detail-oriented Statutory Audit Executive – NBFC to support statutory audit assignments, financial reviews, RBI/NBFC compliances, and audit documentation. The ideal candidate should have a strong understanding of accounting principles, auditing standards, and RBI NBFC regulations .
Key Responsibilities
- Assist in planning and execution of statutory audits of NBFCs in accordance with Standards on Auditing (SA).
- Conduct vouching, verification, ledger scrutiny, and account reconciliations .
- Perform reviews related to RBI NBFC compliances and regulatory requirements .
- Review financial statements and supporting documents for accuracy and compliance.
- Review NBFC-related areas including loan portfolios, NPA classification, provisioning, interest income, and related schedules .
- Prepare audit working papers, schedules, audit reports, and management representations.
- Ensure compliance with Companies Act, Accounting Standards, IND AS, RBI guidelines, and applicable statutory regulations .
- Coordinate with clients for collection of audits, financial, and compliance-related information.
- Identify discrepancies, control gaps, and regulatory compliance issues and recommend corrective actions.
- Support senior team members in finalization of statutory audit and compliance assignments.
Requirements
- 2–4 years of experience in Statutory Audit, preferably with exposure to NBFC audits .
- Strong knowledge of Standards on Auditing (SA), Accounting Standards, and IND AS .
- Working knowledge of RBI NBFC compliances and regulatory requirements .
- Understanding of financial statement preparation and audit procedures.
- Proficiency in MS Excel and accounting/audit software .
- Good analytical, documentation, and communication skills.
- Ability to manage multiple assignments and adhere to deadlines.
Preferred Skills
- Experience in CA firms, consulting firms, or audit practices .
- Exposure to statutory audits of NBFCs, private limited companies, LLPs, or listed entities .
- Knowledge of RBI regulations and NBFC financial reporting .
- Experience in tax audits, internal audits, and compliance reviews will be an added advantage.
- Practical exposure to NPA, provisioning, loan portfolio review, and RBI compliance will be preferred.