IN_Associate _ Independence - Independence ADV_IFS_PAN India

Line of Service

Internal Firm Services

Industry/Sector

Not Applicable

Specialism

Operations

Management Level

Associate

Job Description & Summary

A career in Risk Management, within Internal Firm Services, will provide you with the opportunity to advance and foster integrity based decision making and conduct by PwC professionals throughout our organisation. You’ll focus on promoting and monitoring compliance with applicable external laws and regulations as well as internal policies and procedures to help manage PwC’s regulatory, litigation, and reputational risk.

Our Risk and Quality team identifies and assists internal teams to mitigate and control client engagement risks. As part of the team, you’ll provide advice to business teams within PwC on sound contract provisions, standards and approaches in accordance with PwC policies, principles and standards.

Job Description & Summary:

The Associate will be responsible to contribute towards the firm’s compliance with the Independence policies and processes. The role involves evaluating independence threats followed by providing appropriate guidance and educating business teams, testing compliance with Authorization of service process and related matters. The role requires broaden knowledge of external regulations on independence such as India CA, SEC, EU, IESBA code of ethics and internal PwC policy and guidance covering GIP& SOPS.

Responsibilities:

• Review new non-audit services for permissibility under applicable Independence restriction standards such as India CA, GIP, SEC, EU etc. followed by guiding business teams on onward appropriate approval process.
• Assess ongoing or completed non-audit services for permissibility under applicable Independence restriction standards and submit permissibility analysis.
• Coordinate with cross functional teams within independence office, risk and quality and legal teams to align policies and procedures.
• Impart training on Independence to new joiners as part of the onboarding process.
• Coach business teams including partner, manager, and practice staff on independence matters.
• Perform AFS Testing on a quarterly basis. Prepare and maintain detailed documentation of AFS testing and decisions.
• Document and report any process violations and any breaches of independence policies and the actions taken to regularize them.
• Prepare and share daily work MIS to reporting manager.
• Be a team player. Maintain positive work decorum and maintain team equilibrium.
• Perform other specific assigned tasks in Independence and allied areas diligently.
• Engage in ongoing professional development to remain knowledgeable to about independence standards and best practices.
• Participate in projects aimed at improving the efficiency and effectiveness of independence process aligned to volatile business requirements withing independence boundaries.

Mandatory skill sets:

• Strong understanding of regulatory requirements and professional standards related to auditor independence.
• Excellent analytical and problem-solving skills
• Strong Communication and interpersonal skills
• Ability to work independently and as part of a team
• Attention to detail and high level of accuracy

Preferred skill sets:

Proficient in MS office suite and other work relevant software

Years of experience required:

Minimum of 2-3 years of experience in compliance, audit, or similar role, with a focus on auditor’s independence

Education qualification:

CA Qualified or CA Intermediate/ IPCC both groups or bachelor’s degree in accounting, finance, or related fields

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Chartered Accountant Diploma

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Independent Living

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date