Arif Sheik
Accountant Cum Audit Assistance
Tirupati
Summary
Highly motivated professional with a strong background in technical and analytical skills. Seeking a position to contribute to the growth and success of the organization. Committed to continuously improving abilities and aligning personal development with company objectives. Passionate about excellence, dedicated to making a positive impact and driving the organization forward.
Overview
8
8
years of professional experience
5
5
Languages
Work History
Internal Audit Supervisor
Rise and Shine Group - Oman , KSA , UAE , India
03.2023 - Current
- Maintained strong relationships with external auditors, facilitating efficient communication and coordination during annual audits.
- Ensured timely resolution of audit findings by closely monitoring management''s implementation of recommendations and providing support as needed.
- Managed a team of Accountants to conduct detailed assessments of financial, operational, and compliance risks within the organization.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Developed financial models to assess and analyze financial performance of Each branch.
- Contributed to the development of annual audit plans by identifying key risk areas, prioritizing resources, and setting realistic timelines for completion.
- Handled monthly payroll verification and statutory compliance tasks including TDS, PF, ESI, PT, and GST filings.
- Managed quarterly and annual tax compliance such as VAT returns, international income tax filings, and audit closures in Oman, KSA, and India.
- Conducted regular review and analysis reports of monthly, quarterly, and annual financial and operational reports across all reporting units.
Senior Accountant & Audit Assistance
Basilic Fly Studio Ltd
11.2023 - 02.2024
- Reconciled accounts and created documents for monthly closure procedures.
- Prepared monthly journal entries and reconciliations.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Reconciled half yearly balance sheets and streamlined best practices for balance sheet processes.
- Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.
Accounts payable & Audit Executives
Steril gene Lifesciences Pvt Ltd
06.2022 - 10.2023
- Coordinated with finance teams to reconcile accounts payable & receivable ledgers accurately and promptly.
- Streamlined accounts payable processes by implementing new software solutions.
- Facilitated smooth audit processes by maintaining detailed records of all accounts payable transactions. Enhanced financial reporting accuracy through diligent reconciliation of accounts payable and receivable records.
- Optimized accounts payable processes by negotiating favorable payment terms with vendors, improving working capital efficiency.
- Optimized working capital management by effectively managing inventory levels, accounts payable, and credit policies.
Articleship Training
Narendra Sowjanya & co.
03.2018 - 06.2022
- Performed pre-audit and internal audits for a multinational automobile company
- Stock module evaluation, debtors ageing analysis, and supplier management in internal audit
- Process redesign for improved business flow, fixed asset reconciliation, and assessment of internal controls
- Executed concurrent, credit, revenue leakage, and currency chest audits for nationalised and co-operative banks.
- Conducted statutory audits for banks ensuring compliance with regulatory and legal requirements. Prepared LFAR, performed NPA verification, asset reconciliation, and interest subvention checks for banking clients.
- Reviewed loan, deposit, and account operations, ensuring adherence to banking norms and internal policies.
- Carried out forensic audits for co-operative societies, identifying embezzlement and cash/jewel discrepancies.
- Filling of GSTR 1 , GSTR 3B , GSTR 9 , GSTR 9B
- Prepared year-end journal entries to prepare for annual audit.
Assistant Auditor
M Siva Kumar & co.
03.2017 - 02.2018
- Followed established auditing processes to meet internal and regulatory requirements.
- Executed audit phases and entered data into accounting software for analysis.
- Handled day-to-day accounting processes to drive financial accuracy.
- Recorded deposits, reconciled monthly bank accounts and tracked expenses.
- Inspected account books and recorded transactions.
Education
High School Diploma -
04.2011 - 01.2012
- GPA: 85%
04.2001 - 01.2014
- GPA: 87.5%
CA – CPT -
04.2001 - 01.2015
- Passed
B.com -
06-2019
- GPA: 75%
CA Inter -
11-2018
- Passed
Skills
Profound efficiency in dealing with MS – Office (Efficiency in MS Excel, Power BI, MS Power point presentation, MS Word)
Worked in Tally Prime , ZOHO Books , Real soft ERP software , Alfie software
Account reconciliation
Payroll administration
Accounting and bookkeeping
Financial management
Financial reporting
Funds management
Budget analysis
Revenue recognition
Disclaimer
I declare that the above-mentioned details are true & correct to the belief of my knowledge and belief.
Timeline
Senior Accountant & Audit Assistance - Basilic Fly Studio Ltd
11.2023 - 02.2024
Internal Audit Supervisor - Rise and Shine Group - Oman , KSA , UAE , India
03.2023 - Current
Accounts payable & Audit Executives - Steril gene Lifesciences Pvt Ltd
06.2022 - 10.2023
Articleship Training - Narendra Sowjanya & co.
03.2018 - 06.2022
Assistant Auditor - M Siva Kumar & co.
03.2017 - 02.2018
Board of Secondary Education - High School Diploma,
04.2011 - 01.2012
Board of Intermediate Education - ,
04.2001 - 01.2014
ICAI - CA – CPT,
04.2001 - 01.2015
IGNOU - B.com,
ICAI - CA Inter,