Statutory Audit Executive-(NBFC)

Job Title: Statutory Audit Executive – NBFC Only

Location: Sector 62, Gurgaon

Company: Rrayze Business Solutions

Experience: 2–4 Years

Qualification: BCom, MCom, CMA/CA Inter & 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 Only 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 audit, 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.