Engaged full audit process from planning to completion, conducting statutory audits under US GAAP for financial services entities
Performed substantive audit procedures related to revenue recognition, including testing of revenue transactions, compliance with ASC 606, and verification of revenue reporting in financial statements
Checked the internal consistency and mathematical accuracy of financial statements
Prepared engagement letters and management representation letters, ensuring compliance with professional standards and accuracy in financial reporting
Involved in the planning phase of audits such as inquiries with client, participation in team planning events, identification of significant risks including preparation of risk assessment analytics and key auditing issues and documenting the same
Developed comprehensive working papers to document audit evidence, performing detailed testing and analysis
FINANCIAL ACCOUNTANTS
CLEAN ELECTRIC PVT LTD
PUNE
03.2023 - 12.2023
Prepare and present monthly income statements, including Profit and Loss, Balance Sheet, Cash Flow, and a detailed profitability analysis, to management and investors
Managed tax compliance tasks, ensuring accurate and timely filing of GST and TDS returns to avoid penalties and interest charges
Manage forex transactions for monthly import purchases of INR 2.5Cr, including foreign remittances and using instruments like Bank Guarantee and letters of credit for international trade
Efficiently initiate punctual payments of customs duties, suppliers, and vendors, while following the Import Goods Concessional Rate (IGCR) procedure for eligible raw material purchases
Preparing a comprehensive DPR (Detailed Project Report), which included CMA (Credit Monitoring Arrangement) Reports
Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy
SENIOR ASSOCIATE
ABHAY& RAHUL CHARTERED ACCOUNTANTS
PUNE
11.2021 - 10.2022
Lead as team of 5 member in internal audit, statutory audit, GST audit and stock audit of corporate Client right from commencement to report finalization & Implementation
Executed statutory audits, including vouching, ledger scrutiny, verification of opening balances, reconciled debtors-creditors, physical verification of assets and inventory, ensuring compliance with the Companies Act, Income Tax Act, and relevant laws
And ultimately Analyzed, prepared, and finalized books of account and financial statements in accordance with AS & Schedule III
In Internal Audit, my responsibility includes conducting independent checks in the area of comparing the product wise standard Bill of material and actual consumption, as per standard costing
GST audit, my primary responsibilities involve reconciling the input tax credit and preparing and filing GSTR-9 and GSTR-9C for diverse entities with turnover ranging from INR10 crore to INR200crore
ARTICLE ASSISTANT
ABHAY& RAHUL CHARTERED ACCOUNTANTS
PUNE
01.2018 - 12.2020
Experience as Active team member of statutory Audit, internal audit, GST audit and stock audit, of entities across the different sectors such as Automobile, Shipping, Manufacturing, Retail, Agriculture, Milk Industry and Pharmaceuticals