Job Description
Verifying working capital requirements against projections submitted to lenders (banks/NBFCs) and comparing them with historical and current needs.
• Verifying the accuracy of debtors and revenue in accordance with the company’s business model and income recognition as per Accounting Standard (AS) +; verifying creditors and purchases per the business model; performing physical inventory verification and valuation as per AS-2.
• Conducting construction finance audits, Escrow Audit, ASM Audit, NBFC Audit, Field Audits, Dealer Finance Audits, Forensic Audits, and Due Diligence Audits.
• Liaising with bank and company officials to resolve queries and address observations for smooth audit execution.
• Calculating Drawing Power (DP) as per banking norms.
• Deduct fraud and error and Diversion of Fund.
• Analysis of audited balance sheet and its comparison.
• Analysis of Bank Statement and deduct fraud and error in the bank statement.
• Understand the Financial term of banking and their limits.
• Performing outstation audits as required.
• Verifying the accuracy of debtors and revenue in accordance with the company’s business model and income recognition as per Accounting Standard (AS) +; verifying creditors and purchases per the business model; performing physical inventory verification and valuation as per AS-2.
• Conducting construction finance audits, Escrow Audit, ASM Audit, NBFC Audit, Field Audits, Dealer Finance Audits, Forensic Audits, and Due Diligence Audits.
• Liaising with bank and company officials to resolve queries and address observations for smooth audit execution.
• Calculating Drawing Power (DP) as per banking norms.
• Deduct fraud and error and Diversion of Fund.
• Analysis of audited balance sheet and its comparison.
• Analysis of Bank Statement and deduct fraud and error in the bank statement.
• Understand the Financial term of banking and their limits.
• Performing outstation audits as required.
💡 Quick Summary
Seeking a career-building opportunity? The Senior Auditor position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
