Ankush Garg

Healthcare Royalty Giant (Revenue: $400M)

First year audit client with decorated history of Equity investments. Acquired 2 pharma companies in FY’2022 resulting in full fledged audit procedures for 3 Entities.

• 3 quarterly reviews involving Q over Q fluctuation analyses, Conflict checks, Investment and Debt valuations.
• Performed thorough risk assessments, attended internal control walkthroughs and documented D&I and OE of controls. Delved deep on the full length Financial Close and Reporting Process (FCRP).
• Prepared Purchase price allocation analysis and performed opening balance testing for an acquisition performed in Feb 2022.
• Assigned work to Junior staff and reviewed their work.
• Project management- Creation of Hourly budgets and Project plans, Regularly updated workflow status for areas assigned to the team and provided status updates in team calls with Onshore team, Maintained open item trackers and undertook regular follow-ups.
• Other Achievements- Member of Tech industry advisory council and Innovation council, 4 time Recipient of High-Flyer award for highest utilization.

Life Sciences Start-up

Grew along with the client beholding its trajectory from being a pre-revenue start-up dependent on grants from trusts, to going Public, and further adopting ASC 606: Revenue Recognition in 2021 for it's own product revenues!

• Supervised successful implementation of SOX 404 post IPO for the client. Attended walkthroughs and performed test of Controls and operating effectiveness for areas: Procure to Pay, Payroll, Fixed Assets and Treasury.
• Performed substantive testing on areas such as- Accounts Payable, Cash, Accounts Receivables, OPEX, Investments, Equity and Payroll. Took lead on technical areas including Accruals, OPEX Allocation, Stock Based Compensation.
• Achievements- Recipient of the ‘Spot Award’ for outstanding performance. Recipient of favorable performance scatterplots and feedbacks during 2 consecutive performance appraisals.