AYUSH BANSAL
CHARTERED ACCOUNTANT
Kota
Summary
Dynamic professional seeking to contribute to a well-established organization that fosters a healthy and challenging environment. Committed to leveraging skills and experiences to drive growth while delivering exceptional value. Eager to build lasting relationships that enhance organizational success and promote mutual development. Passionate about continuous improvement and dedicated to becoming a valuable asset within the team.
Overview
8
8
years of professional experience
2
2
Languages
Work History
Financial Analyst (Product Controller)
UBS Investment Bank
09.2024 - Current
- Working in the Global Banking Segment, mainly in the Corporate Lending Division, and supporting the APAC region.
- Production of daily P&L reports for distribution to the business unit and finance managers for review.
- Analysis and signing off on the Balance Sheet, P&L moves, and substantiating the monthly Balance Sheet.
Understand the risk and reporting systems, and contribute to enhancing the control environment. - Delivered clear and concise commentary on BS drivers to senior finance leadership and trading desk heads.
- Coordinated with internal and external auditors for year-end audits, providing support on control frameworks.
- Successfully helped in the automation of manual processes, resulting in the saving of 35+ hours per month, and enhanced controls.
Assistant Regional Financial Controller (ARFC)
Satguru Tours & Travels Services
09.2023 - 08.2024
- Financial Controller for the West Africa region, whereby I have been allotted seven branches in Nigeria.
- Responsible for analyzing the financial statements, cost analysis, and investment decisions.
- Analyzing monthly sales, profit/loss, and expenses with past performance, and finding and rectifying reasons for deviations.
- I got the opportunity to visit branches in Nigeria for audit purposes and interactions with bankers and statutory officers.
- Responsible for the smooth operations of accounts, which includes monitoring that the general ledger is updated on a timely basis, ensuring that all revenues, accruals, assets, and liabilities are duly accounted for within the correct accounting period.
Audit Executive
BSR & Co. LLP (KPMG)
04.2022 - 10.2022
- Statutory audit of an agro-based startup that helps farmers sell their products directly to businesses at the best possible prices.
- Worked on Lease Equalization Reserve as per AS 19, 'Leases.'
Article Assistant/Trainee
Haribhakti & Co. LLP, Mumbai
08.2017 - 08.2020
- STATUTORY AUDIT:
- Statutory audit of listed, unlisted public, and private companies. Limited companies involved in the business of manufacturing sugar, textiles, manufacturing MDFs/plywoods, etc., and providing currency exchange services (involving the issuance of foreign travel cards) and restaurant services for fast food with outlets across India.
- I got an opportunity to visit the manufacturing plant of the listed sugar company, as well as the textile company, and gathered an understanding related to the whole process of converting raw materials into the final product.
- Independently handled various diversified areas such as borrowings, fixed assets, cash and bank, payroll, inventory, trade receivables/payables, sales, expenses, and compliance with the payment of statutory dues, etc. and also involved in setting materiality for the finalization of Financial Statements as per applicable IND AS.
- Assisted in the working of Right-of-Use Asset and Lease Liability as per IND AS 116 for the leases taken by the manufacturing sugar company.
- Understanding the business process and SODs, along with the internal control structures, by performing walkthroughs and conducting meetings with management.
- Drafted Statutory Audit Report, including matters related to CARO Reports, and prepared Management Representation Letters (MRLs).
- Performed stock verification of listed and unlisted clients, and cash verification at various counters of currency exchange at airports.
- LIMITED REVIEWS:
- Verification of quarterly financial statements, as required by the SEBI LODR regulations, and preparation of limited review reports.
- Performed analytical review procedures, which involve analysis of ratios and trends, and determining reasons for material changes in assets, liabilities, incomes, and expenses.
- TAX AUDITS:
- Independently performed a tax audit of a private limited company.
- Prepared Income Tax E-utility of Forms 3CA, 3CB, and 3CD for listed and unlisted clients.
Education
Chartered Accountancy
Institute of Chartered Accountants of India
12-2021
Skills
Collaborative leadership skills
Hobbies
Listening and Singing Songs
Playing Piano and Clap Box
Indian Stock Market Enthusiast
Timeline
Financial Analyst (Product Controller)
UBS Investment Bank
09.2024 - Current
Assistant Regional Financial Controller (ARFC)
Satguru Tours & Travels Services
09.2023 - 08.2024
Audit Executive
BSR & Co. LLP (KPMG)
04.2022 - 10.2022
Article Assistant/Trainee
Haribhakti & Co. LLP, Mumbai
08.2017 - 08.2020
Chartered Accountancy
Institute of Chartered Accountants of India