Job Description: Partner – Statutory Audit
Position: Partner – Statutory Audit
Function: Assurance / Audit
Location: Kolkata
Organisation: A Leading Consulting Firm
Experience: Senior leadership experience in statutory audit and assurance
About the Role
We are seeking an accomplished and dynamic Partner – Statutory Audit to join a leading consulting firm. The role will involve leading the statutory audit practice, managing key client relationships, driving business development, ensuring audit quality and regulatory compliance, and providing strategic leadership to the assurance function.
The ideal candidate will bring extensive experience in statutory audits, strong technical expertise in Indian accounting and auditing standards, proven client management capabilities, and a track record of developing business and leading high-performing teams.
Key Responsibilities
1. Statutory Audit & Assurance
- Lead and oversee statutory audits of large corporates, listed entities, multinational companies, and other complex organisations.
- Ensure compliance with applicable Standards on Auditing (SAs), Indian Accounting Standards (Ind AS), Companies Act, 2013, and other relevant regulatory requirements.
- Provide technical guidance on complex accounting, auditing, financial reporting, and regulatory matters.
- Review audit strategies, risk assessments, audit reports, and significant audit findings.
- Maintain the highest standards of audit quality, professional ethics, independence, and regulatory compliance.
2. Client Relationship Management
- Develop and maintain strong relationships with CXOs, CFOs, audit committees, boards, and other senior stakeholders.
- Act as the engagement partner for key strategic accounts.
- Provide insights on emerging accounting, governance, risk, and compliance matters.
- Drive client satisfaction, retention, and long-term strategic partnerships.
3. Business Development & Practice Growth
- Lead business development initiatives for the statutory audit and assurance practice.
- Identify new business opportunities, develop proposals, and lead client pitches.
- Expand the firm's market presence across relevant industries and client segments.
- Build strategic relationships with prospective clients and referral networks.
- Drive revenue growth, profitability, and achievement of practice-level business targets.
4. Team Leadership & Development
- Lead, mentor, and develop partners, directors, senior managers, and audit teams.
- Build a strong talent pipeline and foster a culture of technical excellence and accountability.
- Oversee resource planning, engagement economics, and utilisation.
- Promote continuous learning, professional development, and succession planning.
5. Risk Management & Regulatory Compliance
- Ensure adherence to internal quality management policies and applicable professional standards.
- Oversee engagement acceptance, independence checks, risk management, and quality reviews.
- Monitor developments in accounting standards, auditing regulations, and corporate governance.
- Support regulatory inspections, peer reviews, and quality assurance initiatives, as applicable.
Candidate Profile
- Qualified Chartered Accountant (CA).
- Extensive post-qualification experience in statutory audit and assurance, with substantial experience at a senior leadership level.
- Demonstrated experience in managing large and complex audit engagements.
- Strong knowledge of the Companies Act, 2013, Ind AS, Standards on Auditing, and applicable regulatory frameworks.
- Proven ability to manage key client relationships and lead business development initiatives.
- Experience in leading large teams and managing multiple client portfolios.
- Strong commercial acumen, communication skills, stakeholder management, and decision-making abilities.
- High professional integrity, independence, and commitment to audit quality.
Preferred Experience
- Experience with a Big Four, leading consulting firm, or reputed national audit and advisory firm.
- Exposure to listed companies, large Indian corporates, multinational groups, and complex statutory audits.
- Established client relationships and a demonstrated track record of business origination and practice development.
- Experience in managing audit portfolios, engagement profitability, and strategic growth initiatives.
Key Success Measures
- Growth in statutory audit revenue and profitability.
- Acquisition and retention of strategic clients.
- Audit quality, regulatory compliance, and timely delivery.
- Development of high-performing teams and future leaders.
- Contribution to the firm's market positioning and overall practice growth.
Equal Opportunity Statement: The firm is committed to fostering an inclusive, ethical, and high-performance workplace and welcomes qualified professionals who align with its values and commitment to excellence.