Aravind Gireesan Nair

Financial Accounting and Audit:

• Developed and executed financial strategies and policies aligned with the company goals and objectives, ensuring the financial position supports organizational grow and regulatory compliance.
• Owned day-to-day, month-end, and year-end accounting processes for the India subsidiary and other legal entities, ensuring financial reports were accurate, timely, a compliant with US GAAP and local GAAP
• Ensured journal entries were properly documented and took responsibility for balance sheet account reconciliations for India and other assigned subsidiaries, maintaining financial integrity.
• Analyzed financial fluctuations month-over-month for the assigned entities, interpreting key performance indicators and financial trends to ensure alignment with organizational goals.
• Served as the primary point of contact with external auditors for the India subsidiary, led the execution of audits by preparing and submitting audit requests, and monitored the audit process to ensure timely completion.
• Performed management audits of financial statements, ensuring their accuracy a alignment with both US GAAP and India GAAP, and reported findings to senior management.
• Led the financial reporting process, ensuring preparation of financial statement accordance with local GAAP, management reports, and statutory filings, while adhering to all regulatory requirements.

Compliance

• Ensured compliance with local accounting standards (India GAAP and other local GAAP) for all assigned entities, reporting on the effectiveness and risks associated with t adherence to regulatory frameworks.
• Oversaw GST compliance within and outside the SEZ office in Kochi, managing parallel tax books where necessary and ensuring all regulatory obligations were met.
• Managed TDS compliance on vendor payments, collaborating with internal teams such as accounts payable, tax, and treasury to ensure all tax obligations were met.
• Ensured compliance with SEZ Kochi rules and regulations, coordinating with local service providers and regulatory bodies to maintain adherence to the required standards.
• Assisted in the renewal of statutory registrations and company secretarial-related work for the India subsidiary, ensuring continued legal compliance.
• Coordinated and assisted in local payroll compliance, engaging with internal payroll teams, local People Operations teams, and payroll providers to ensure timely and accurate compliance.
• Stayed updated on local and international financial regulations, keeping the company informed of relevant changes to ensure continuous compliance with evolving laws.

Other responsibilities

• Provided guidance and support to cross-functional teams, assisting in decision-making, cost analysis, and resource allocation to drive financial and operational efficiencies.
• Collaborated with the international finance team to streamline financial process strengthen internal controls, implement best practices, and drive continuous improvement initiatives in financial reporting and compliances.

• Conducted independent audits of both financial and non-financial controls as part of external reporting (SOX and IFC) and reported audit results to the Board of Directors and senior management, ensuring compliance with external financial reporting requirements.
• Designed and operated information systems, procedures, and controls to meet external financial reporting requirements, ensuring adherence to global and local policies, guidance, and standards.
• Identified, managed, and reported on financial risks, driving the company's risk management agenda, and coordinating with functional SPOCs to assess and communicate risk mitigation effectiveness to the Executive Committee and Board.
• Identifying gaps in the controls operated and designing mitigating controls for addressing those gaps after aligning with the audit team and control owners.
• Reported on the existence and effectiveness of internal control systems, ensuring that no deficiencies or failures occurred and working with process owners to ensure smooth operations of controls.
• Ensured compliance with global and local policies, guidance, and standards by seeking exceptions from Global SMEs for deviations in local markets, if any, and ensuring timely action on those exceptions.
• Providing training to team members and process owners for efficient operation of controls.
• Established audit objectives, designed audit methodologies, and implemented processes to assess the effectiveness of financial controls and ensure proper reporting criteria were followed for external and internal audits.
• Supervised the operational effectiveness of financial controls, provided guidance to process owners, and ensured that controls operated without deficiencies or failures, particularly in the areas of finance and controllership.
• Monitored key performance indicators (KPIs) related to finance and controllership, performed root cause analysis for deviations, and ensured that KPIs were met in terms of timeliness and quality.
• Prepared and presented financial statements capturing intercompany transactions andreports for management, Board of directors, shareholders, and statutory bodies, ensuring compliance with relevant legislation related to intercompany transactions, regulations, and internal policies.
• Review of Notes to accounts forming part of financials statements relating to Related party transactions ensuring completeness and accuracy.
• Coordinated with external auditors (Big4) to clarify queries, arrange requested data, and ensure timely closure of audits, clearing open points and ensuring that audits were closed in timely basis.
• Preparation of localized accounting policies in line with Local GAAP and IFRS, Seeking approval from Global Subject matter experts (SMEs) and from audit team (GAR) for the deviation from the global policy requirements.

BSR & Associate LLP - India Affiliate of KPMG Audit & Assurance function.

• Handled and executed external/statutory audit engagements for various clients, ensuring compliance with auditing and accounting standards, and aligning with the firm's methodology to meet external financial reporting requirements.
• Performed Quarterly limited review of listed audit clients, Analysis of results and financial affairs with performance and carrying out detailed variance analysis of both stand alone and consolidated financial statements.
• Led and executed tax audits under the Income Tax Act, 1961, and conducted limited review engagements for clients, ensuring all audit activities were in line with established auditing and accounting standards.
• Performed process walkthrough to identify risks, offered suggestions for improvements, and worked with audit managers and partners to address potential issues, ensuring the integrity of financial operations and compliance.
• Finalized financial statements in accordance with local GAAP, ensuring accuracy, compliance, and completeness of the reports for management, shareholders, and governing bodies.
• Handled client relationships by planning and scoping audit assignments, assisted in budgeting work, and ensuring deadlines were met. Responded proactively to client and firm needs, ensuring efficient execution of audits.
• Planned, coordinated, and managed audit assignments by establishing clear audit objectives, designing and implementing appropriate audit methodologies, and preparing comprehensive audit reports in line with established criteria.
• Worked on certification assignments for clients, including verifying revenue, assessing net worth, and certifications for filing GST/Service Tax refund applications and issuing corporate governance certificates for listed and unlisted audit client in the capacity of auditor.
• Performed test of financial and non-financial controls to ensure the effectiveness of internal financial controls of audit clients to express opinion on the financial statements.

• Handled and executed external/statutory audit engagements for various clients, ensuring compliance with auditing and accounting standards, and aligning with the firm's methodology to meet external financial reporting requirements.
• Led and executed tax audits under the Income Tax Act, 1961, and conducted limited review engagements for clients, ensuring all audit activities were in line with established auditing and accounting standards.
• Performed process walkthrough to identify risks, offered suggestions for improvements, and worked with team members and seniors to address potential issues, ensuring the integrity of financial operations and compliance.
• Finalized financial statements in accordance with local GAAP, ensuring accuracy, compliance, and completeness of the reports for management, shareholders, and governing bodies.
• Handled client relationships by planning and scoping audit assignments, assisted in budgeting work, and ensuring deadlines were met. Responded proactively to client and firm needs, ensuring efficient execution of audits.
• Planned, coordinated, and managed audit assignments by establishing clear audit objectives, designing and implementing appropriate audit methodologies, and preparing comprehensive audit reports in line with established criteria.
• Worked on certification assignments for clients, including verifying revenue, assessing net worth, evaluating loan utilization, and certifications for filing GST/Service Tax refund applications.