An Audit Manager is a professional responsible for overseeing and managing audit teams that examine a company's financial as well as operational records to ensure compliance with regulatory requirements and internal policies. The primary roles and responsibilities of an audit manager includes audit planning, audit execution, risk assessment, data analysis, communication, team management along with process improvement. 

Furthermore, an Audit Manager is responsible for the recruitment, training and management of the audit team members. Overall, the main role of an Audit Manager is to ensure that the audit function is carried out in a manner that supports the achievement of the organisation's objectives while adhering to the relevant regulatory requirements as well as internal policies.

For Bachelor’s

• Candidates must obtain a minimum of 60% on the 10+2 exam from an approved board.
• Applicants must be enrolled in a Bachelor's degree programme such as B.Com. in Accountancy or B.Com. in Accounts and Finance.

 For Masters

• The successful graduates must pursue M.Com. in Accountancy or finance or an MBA in Financial Management. 

An Audit Manager is responsible for overseeing and managing audit teams as well as ensuring that they conduct audits efficiently, effectively and in accordance with established standards. The job roles of an Audit Manager include:

• Planning and managing the audit process
• Ensuring compliance
• Supervising audit teams
• Conducting risk assessments
• Analysing data
• Communicating results
• Implementing process improvements
• Providing training and development

Some of the top recruiters of Audit Managers include:

• Bajaj Capital
• EY
• L&T
• ICICI
• PwC

Employment Sector

• Banks
• Financial Service Providers
• Consultancies
• HR Service Providers
• Government Agencies and Departments
• Insurance Companies

The salary of an audit manager may vary depending on several factors such as the industry, location, size of the organisation, the individual's experience as well as qualifications.

• Strong analytical skills
• Excellent communication skills
• Project management skills
• Attention to detail
• Knowledge of regulatory requirements
• Leadership skills
• Risk assessment and management skills
• Knowledge of accounting and auditing principles

The career scope of an Audit Manager is promising and offers several opportunities for growth as well as advancement. Some of the career paths for an Audit Manager are:

• Senior Audit Manager
• Risk Manager
• Compliance Manager
• Internal Audit Director
• CFO or Controller

Overall, the career scope of an Audit Manager is promising and with the right combination of education, experience and skills one can progress to senior-level roles with greater responsibilities as well as higher compensation.

• Job security
• Competitive compensation
• Career advancement
• Diverse work experiences
• Exposure to senior management
• Professional development

• Long work hours
• High stress levels
• Travel requirements
• Intense scrutiny
• Lack of work-life balance
• Limited career growth opportunities