Caseware, Auditfilecom
AKASH JAIN
Chartered Accountant, B.Com, Pursuing CPA
Delhi
Summary
Well-qualified financial systems leader offering demonstrated skill and success in managing internal accounting processes, improving controls and strengthening systems for optimal performance. Proficient in all aspects of accounting, auditing, including accounts payable and receivable, budget administration and payroll. Gifted in building and leading solid teams to handle high-volume operations with consistency, accuracy and full compliance with regulatory requirements.
Overview
11
11
years of professional experience
12
12
years of post-secondary education
1
1
Certification
2
2
Languages
Work History
Senior Audit Assistant
Crowe LLP
Noida
09.2022 - Current
- Worked in Captive Insurance Segment of US clients.
- Performed testing of the following areas:-Equity, Cash, Accounts Payable, Notes Receivable, Premium written and receivable (Direct, Assumed and Ceded), Accounts Payable, Fixed Assets, Other income and expense flux, Federal Tax Provision and also Losses & Loss adjustment expenses.
- Performed audit planning and related rollforwards.
- Calculation of Premium Deficiency Reserve.
- Directly coordinating with the US staff for query resolution.
- Advising the US team on updates which we can be made to the workpaper for better audit procedures.
Manager
Global FPO, VADS Consulting Pvt. Ltd
Noida
06.2021 - 08.2022
- Preparation of Financial statements of US and Canadian clients.
- Preparation of audit plan, audit checklist, list of documents/ information required for verifiying all items of financial statements.
- Preparation of the audit report alongwith all annexures.
- Conducting weekly meetings directly with the clients for discussing the progress in the audits.
- Conducting 401(k) audit under US regulation.
- Conducting company audits under US GAAP.
- Worked on quarterly valuation of Derivatives.
- Review month end account books finalization done by junior staff.
- Directly communicating with US and Canadian clients and CPAs for getting assignments completed on time.
- Preparation of KPI reports and providing analysis to client.
- Working on the messed up bookkeeping of new clients and make them correct as per the accounting principles.
- Preparation of Financials for companies under US GAAP.
- Preparation of Compilation Engagement Report for Canadian clients.
- Managing the team of 4 members and also Reviewing there work.
Deputy Manager
MYND Integrated Solutions Pvt Ltd
Gurugram
11.2020 - 05.2021
- Analyzing profitability of business on monthly basis and providing insight to management for future actions to be taken.
- Preparation of monthly profitability statement w.r.t all segments of business through coordinating with team leaders of different segments.
- Conducting monthly books review for ensuring proper accounting.
- Preparation of Budgets, projections of revenue and cost of all segments of business.
- Directly reporting to General Manager – Finance.
Senior Tax Accountant
NexZen Accounting Pvt. Ltd
Delhi
07.2020 - 10.2020
- Preparation of financial statements of Australian proprietorship, partnership firms, company and Trust.
- Controlling GL Accounting.
- Directly connecting with the Australian clients for resolving queries which arise during the tasks.
- Directly reporting to Partner.
Manager
BBW Business Services Pvt. Ltd
Noida
07.2019 - 03.2020
- Preparation of financial statements of Australian proprietorship, partnership firms, company and Trust.
- Controlling GL Accounting.
- Directly connecting with the Australian clients for resolving queries which arise during the tasks.
- Directly reporting to Deputy Director.
Finance Controller
G-Tone Solutions LLP
Delhi
05.2015 - 07.2019
- .Assuring proper GL accounting.
- Preparation and filing of GST and income tax return.
- Suppliers invoice verification and payment processing.
- Processing monthly payroll and verifying the payroll deductions.
- Calculation of GST and timely submission of GST Returns of UP, Delhi and Haryana.
- Controlling inventory maintenance at all 18 counters.
- Controlling and managing AR & AP.
- Cost Variance Analysis and Working out per piece cost of uniform for newly acquired schools.
- Advising discount scheme to the management for boosting the sale during non season time.Monthly MIS reporting to the Management, Budgeting & Forecasting.
- Finalization of books of accounts according to Ind AS, TDS compliance.
- Implementing internal control procedures for various operations.
- Preparation and submission of replies to various govt authorities.
- Also look after the income tax return filing of firms, companies through M/s Naveen Associates, Chartered Accountants (Firm of Partners Father).
- Order planning and processing for new session of schools.
- Liaisoning with various government authorities for licensing and certification etc.
- Also conducted interviews for hiring candidates for the various departments of the firm.
- I was controlling team of 4 members there i.e., Cashier, Customer Support, Inventory incharge and Production Manager.
Accounts Officer
Adiva Healthcare Private Limited
Delhi
11.2012 - 05.2015
- Assuring proper follow up of internal control procedures.
- Finalization of Books of accounts.
- Monthly reporting of Profits /Losses to the management.
- GL accounting.
- Dealing with notices issued by the Income Tax and Sales Tax Authorities.
- Preparing TDS and VAT returns, assuring proper deduction and timely deposition of TDS.
- Coordinating with statutory auditors for conducting statutory audit.
- Handling payroll management of 3000+ employees.
Education
Chartered Accountant -
The Institute of Chartered Accountants of India
New Delhi 07.2004 - 11.2011
B. Com -
Ch. Charan Singh University
Meerut, UP 07.2004 - 07.2007
12th -
CBSE
Meerut, UP 04.2003 - 03.2004
10th -
CBSE
Meerut, UP 04.2001 - 03.2002
Skills
Quick Learner for any kind of new software
Auditing, Financial Statements Analysis and Review
Closely working with reputed US and Canadian CPA Firms for Financial preparation and audit work
KPI Reporting through MS Excel and Powerpoint
Understanding the requirement of human resources at processing level and hiring them
Managing the team of 5 members who are at processing level
Preparation of financials according to CSRS 4200
Software
Quickbooks Online
Tally (All Versions)
Buildertrend, Appfolio, Trello
Certification
Quickbooks Online
Timeline
Senior Audit Assistant
Crowe LLP
09.2022 - Current
Quickbooks Online
04-2022
Manager
Global FPO, VADS Consulting Pvt. Ltd
06.2021 - 08.2022
Deputy Manager
MYND Integrated Solutions Pvt Ltd
11.2020 - 05.2021
Senior Tax Accountant
NexZen Accounting Pvt. Ltd
07.2020 - 10.2020
Manager
BBW Business Services Pvt. Ltd
07.2019 - 03.2020
Finance Controller
G-Tone Solutions LLP
05.2015 - 07.2019
Accounts Officer
Adiva Healthcare Private Limited
11.2012 - 05.2015
Chartered Accountant -
The Institute of Chartered Accountants of India
07.2004 - 11.2011
B. Com -
Ch. Charan Singh University
07.2004 - 07.2007
12th -
CBSE
04.2003 - 03.2004
10th -
CBSE
04.2001 - 03.2002