Sector
BFSI
Keyword

Liquidator

Arbitrator

Internal Auditor

External Auditor

Minimum ? Bachelor?s degree in Accounting or Finance

Not applicable

The tasks an Auditor is expected to perform include:Examining account books and records of business establishments, private institutions, Government or Quasi Government offices for accuracy and completeness of book keeping records and financial statements

Scrutinizing bills , vouchers and relevant entries in cashbooks

Verifying ledger entries against receipts for cash payment

Checking arithmetic total for accuracy and counting cash in hand if required

Representing tribunals before employees, courts, etc. to clarify points regarding financial matters of companies Certifying financial statements as and when required by court of law or other authorities

Advising new or prospective firms in matters of account rules, taxation and procedure to be followed

Reporting to appropriate authority about irregularities in accounts and cases of losses of money, improper expenditure, etc.

Proficient in examining account books and records of business establishments, private institutions, Government or Quasi Government offices for accuracy and completeness of book keeping records and financial statements

Adept with checking items of entries in day book or journal for correct recording

Knowledge of scrutinizing bills , vouchers and relevant entries in cashbooks

Well-versed with verifying ledger entries against receipts for cash payment

Proficient in checking arithmetic total for accuracy and counting cash in hand if required

Adept with conducting test checks for proper observance of accounts procedure Ability to ensure all revenue and expenditure are brought into account under proper heads and that expenditure and disbursements are properly authorised, vouched and correctly classified

Knowledge of reviewing taxpayer accounts, and conduct audits on-site, by correspondence, or by summoning taxpayer to office

Proficient in examining inventory to verify journal and ledger entries

/
Not applicable

Confidentiality

Integrity

Accountable

Great work ethics

Strong analytical skills

Good communication skills

Interpersonal skills

Relationship building skills

Systems knowledge and familiarity

Ability to adapt to change quickly and multi-task

It needs one to be on their toes

Need not handle a team

Local travelling maybe a part of this job role

Part-time work and contractual jobs are available in some cities

Work from home option is not available

Working hours

Companies usually work for 5/6 days a week for 8/9 hours everyday. This may vary from company to company

Being self-employed is also an option. In this case, the working hours and days will be flexible

Shift system maybe available

Is the job suitable for a candidate with special needs?This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL) and those who have their Hearing Impaired (HH)

This job is not listed as hazardous or dangerous under The Factories Act, 1948 (section 87)Occupational hazards include strain on eyes, cervical spondylosis and lumbar spondylosis, carpal tunnel syndrome, mental stress, etc.

For freshers - INR 25,000 to INR 30,000 per month For candidates with 2-4 years of experience or more - INR 30,000 to INR 40,000 per month(*Thisfieldtoopentherelevantjobtitlewhenclicked)

Overview of Banking, Financial Services and Insurance Industry in IndiaThe BFSI industry is one of the fastest growing sectors in the country. Public Sector Banks (PSB) and Non-Banking Financial Companies (NBFC) have been the leading employers in the Indian banking sector, accounting for more than 73 percent employees. PSBs are much ahead of Private Sector Banks in expanding overseas presence, accounting for over 90% of 171 overseas branches as of FY13.Banking credit is expected to grow at a CAGR of 17 percent during 2012-13 to 2016-17. The banking and NBFCs are expected to generate around 1.5 million new jobs between 2013?14 and 2016?17 on account of business expansion, retirement primarily in PSBs and entry of new banks in the private sector. The sector currently employs over 2.55 million employees and is slated to employ more than 4.2 million employees by 2022. This implies additional creation of 1.6 million jobs in the nine-year period. Keeping in mind the current employment, and the expected growth in the Banking and NBFC, we project that the total employment in the particular segment would increase from about 1.89 million in 2013 to 3.2 million jobs in 2022, which translates to an incremental human resource requirement of about 1.3 million jobs. All these factors mean that there will be a huge demand of Auditors across towns and cities in India.

Self-employed

Banks across India

Chartered Accountant firms across India

Non-Banking Financial Companies across India

Towns and cities across India