CA Karan Singh
BANGALORE,KARNATAKA
Summary
Technically competent professionals with 5+ years of diversified work experience in the field of Auditing & Accounting, GST, Income Tax. Also carried out Fraud Investigation, Due Diligence. Sought out continuous professional development opportunities to further develop expertise in above mentioned area of operations while strengthening support for team members. Resourceful leader with good organizational, multitasking and project management abilities. Discerning and performance-oriented in tackling operational problems.
Overview
8
8
years of professional experience
Work History
Deputy Manager - Finance
Altruist Group
02.2024 - Current
- The Altruist Group consists of 16 -18 companies engaged in several industries like Logistics, Hospitality, BPO, IT services, advertising, VAS, Telecom Networks, etc with the responsibility of financial aspects of the following 4 companies
- 1 Dependo Logistics Solution Pvt Ltd(India)
- 2 Mobile2win India Pvt Ltd(India)
- 3 Tawseel Order Delivery LLC (Dubai)
- 4 Precise Communications (Dubai)
- Key responsibilities Include Accounts Receivable/Payable Management, Audit and Compliance,Staff Management, Payroll Management, Internal Control System, Month End closure, Financial Statements, and MIS Reports:
- Enhanced employee performance by providing regular feedback, coaching, and training opportunities.
- Improved team efficiency by streamlining processes and implementing innovative management strategies.
- Assumed senior management workloads in theabsence of thegeneral manager to maintain operations continuity.
- Assisted senior manager with payroll, scheduling and cash deposits and receipts.
Team Lead - Audit
BCL India
12.2023 - 12.2024
- Statutory Audit: Planned & programmed Statutory Audit, reviewed workings and trained 7-9 team members
- Evaluated of internal controls, performed analytical review of Financial Statements
- Verifying statutory compliance like: GST, Income Tax, Payroll Accounting Standards, other relevant laws and regulations etc
- Income Tax and GST: Advance tax computation, Income tax calculations, filing ITRs and Tax Audit report, applied GST refund, reviewed GST returns like GSTR 1,3B,9,9C and other related reconciliations for various companies, individuals and firms
- Accounting: Overseeing entry in books, Invoice raising, Bank Reconciliation, Payables and receivables ageing and scrutiny, monthly reporting to the management
- Processing and filing PF, ESI, PT and TDS Returns
- Payroll processing for 3 companies
- Due Diligence: Understanding the business and verification of revenue recognition as per AS, Confirming classification of expenses, verification of GST returns, statutory remittances, Inventory tracking and valuations
- Analysis of party's balances
- Others: Facilitating clients on providing responses to GST department regarding various notices
- Attended personal hearings on the behalf of clients
- Overseeing Stock Audit and analysing the reasons for the variances and its impact on financials
- Streamlining the business process and establishing control processes to the various entities.
Articled Assistant
ASPR & Co
09.2019 - 12.2022
- Statutory Audit: Carried out Statutory audit for 50+ companies, which consist of service, trading and manufacturing sectors
- Verified opening balances, reviewed AP and other liabilities, restated closing balances of foreign currency AR/AP
- Checked Revenue recognition, Fixed Assets Register & Depreciation, rental expenses as per respective AS
- Calculated forex G/L and Inventory valuation, subsequent events etc
- For their compliance with relevant AS
- Performed Stock Audit for 9+organisation, analysed the reasons for the variances and its impact on financials
- Preparing Debtor's and Creditor's Ageing, 26AS reconciliation, Prepaid Expenses, Capital check
- Reported to the entity as per the relevant laws & applicable SAs, CARO, IFC and Companies Act
- Income tax and GST: Tax Audit (income tax and GST) for more than 20 companies (3CA -CD, Form 3CEB, 10IC, 3CEAA) Applying GST Refund related to export of service without payment of tax
- Filing 15CA, CB, ITR's for companies, Individuals, firms etc
- Advance tax computations
- Accounting: Recording journal entry in the books from bank Statement and form the invoice, raising invoices, ageing reports, Payroll Processing
- Processing and filing PF, ESI, PT and TDS and GST Returns
- Fraud Investigation: of public company Identified discrepancies in accounting records, voucher statements
- Detected fabricated documents used to support suspicious transactions
- Identified Fraudulent events and suspicious transactions through deep-laid investigation procedures
- Gathering evidence to confirm fraud, parties involved, and amount involved
- Preparing report as per Section 142(3) of Companies Act 2013 and Rules thereunder
- Financial Due Diligence: Hospital and IT Company Verification of loans and advances and verification of cash and bank balances
- Verification and vouching of Expenses - and capitalisation, inventory count, and revenue recognition process
- Verified the compliances with GST law- computation of output - discharged - ITC eligibility, and filling
- Verified correctness and remittance of PF, ESI, PT and TDS
- Internal Audit: Monthly Quarterly, Annual Compliances: GST, TDS, PT, ESI, PF, Mini Wages, Labour welfare, Payroll
Audit Trainee
Corpus Consulting
06.2017 - 11.2017
- Auditing and Accounting: Vouching and verifications of Sales and Purchase, recoding entries in the tally and QB for companies and schools, party's balance verification, bank balance reconciliation, stock audit for Hospitals, schools and companies, prepared projected balance sheet
- Contributed to a positive work environment by fostering teamwork among colleagues while diligently completing individual tasks assigned by supervisors.
Education
CA Final G-1 -
ICAI
India01.2024
CA Final G-2 -
ICAI
India01.2023
CA Inter -
ICAI
India01.2019
C.P. T -
ICAI
India12.2017
Class XII - Financial Market Managment
Jawahar Navodaya Vidyalaya
Mandi (H.P), India03.2017
Class X -
Jawahar Navodaya Vidyalaya
Mandi (H.P), India03.2015
Skills
- External Audit
- Internal Audit
- Income Tax
- GST
- Statutory Audit
- Tax Audit
- Due Diligence
- Fraud Investigation
- Payroll Accounting and Management
- Account payables and receivables Management and Ageing
- Billing and Invoicing
- Cash Management
- Expenses tracking
- Fixed Assets Management
- Ledger review
- Tax Management
- Bookkeeping
- Finalization of Accounts
- Team motivation
- Workload Management
- Team Leadership
- Decision-making capabilities
Knownlanguages
Hindi, English and Punjabi
Personal Information
Nationality: Indian
Hobbies and Interests
Playing Kabaddi, Basketball and Playing Musical Instruments
Awards
- One-year experience of Sergeant Rank in National Cadet Corps (NCC)
- Experience of leading and representing school as the 'Head boy'
- Awarded with the 'Best Kabaddi Player of Himachal Pradesh'
- 3 times National Kabaddi Player
- Participated in the RD Prade in Shimla, (H.P) as commander of National Service Scheme (NSS) Group
Timeline
Deputy Manager - Finance
Altruist Group
02.2024 - Current
Team Lead - Audit
BCL India
12.2023 - 12.2024
Articled Assistant
ASPR & Co
09.2019 - 12.2022
Audit Trainee
Corpus Consulting
06.2017 - 11.2017
CA Final G-1 -
ICAI
CA Final G-2 -
ICAI
CA Inter -
ICAI
C.P. T -
ICAI
Class XII - Financial Market Managment
Jawahar Navodaya Vidyalaya
Class X -
Jawahar Navodaya Vidyalaya
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