Ekta Shah

• Assisting in Preparation of Financial Statements (including Segmental Revenue) as per Indian GAAPs on monthly, quarterly, half yearly and annual basis
• Preparation of various MIS report such as OPEX analysis, P&L analysis, Investment income analysis, Reserve premium analysis and Management Discussion and Analysis reports (MD&A)
• Assisting in preparation of Annual report
• Preparation of quarterly financial results, Audit Committee/ Board and investor presentations
• Assisting in Preparation of IRDAI Finance and Account (F&A Life) returns and other regulatory reporting
• Assisting in handling Statutory Audit, CAG Audit, IRDAI audit and Internal Financial Control (IFC)
• Preparation of various reports on business performance and consolidation data for parent company SBI (Holding Company) Reporting
• Working for Ind AS implementation
• Assisting in handling Statutory Audit/ C&AG Audit/ IRDAI audit/ Internal and IFC audit
• Other Regulatory Reporting
• Verification of Investor and Board presentation

• Overall AR Management
• Preparing sales report from Various website like Amazon, Ebay, Walmart,Stripe and detailed analysis of Stock
• Weekly Management report
• Analysis of Quick Books and Tableu Reports and preparation of Management Summary for stock Decision Making
• Verification of slow moving and Non-Moving Stock and making Strategic decisions of stakeholders.

• Oversee day to day accounts, Reviewing and filing monthly GST & TDS Returns
• Assisting in preparation of Financial Statements in accordance with Accounting Standards
• Liaising and working closely with statutory auditors and finalizing books of accounts.(Auditors-Price Water Cooper)
• Handling ROC, RBI & Other Related Regulatory Compliances
• Monthly Book Closing and MIS Preparation on monthly, quarterly and yearly basis and clearly communicating with respective stake holders for strategic decision making
• Daily Payment verification & Approval as per System Operated Policies developed
• Weekly verification of Debtors Cycle, Ageing Analysis for managing timely collection
• Handling FEMA Compliances relating to International Payments and receipts
• Preparing SOP’s for Debtors Collection, Sales, and International payments.

Under the guidance of well experienced, empathetic and professionally expert employer and assisted in varied fields as under:

Iksula Private Limited(Holding of Iksula Inc)[Service Industry]

• Monthly Books review
• Responsible for all statutory compliances like GST, Income Tax, ROC Related, Provident Fund, etc.
• Preparation and Finalisation of Financials.
• Prepared and Finalised Tax Audits Reports, Reports as per Companies Act.
• Handled & Finalised GST Audits.
• Filing of Form 15CA/15CB.
• Gufic Biosciences Limited(Pharmacuetical Company)[Manufacturing Concern]
• Responsible for entire Internal Audit of the company, leading the team of 6 people and inculcating team work there and driving the entire internal audit process smoothly.
• Conducting meetings with Managing Directors, Executive Directors and Head of the departments.
• Preparation of the Internal Audit Report of different Cycles of the Company namely, Order to cash, Procurement to pay, Legal & Compliance, Call Center, Logistics & Warehousing, Inventory management & Accounting to Reporting.
• Review the effectiveness and efficiency of operations, implementation of management policies, reliability of financial reporting, compliance with laws and regulations, safeguarding of assets & accordingly report on the deviations.
• Walkthroughs & Complete Audit of SOP of different cycles of the company.
• Proactive and risk based approach
• Identification and analysis of cost saving areas for the company with relevant recommendations eg. Reduction of Logistics Cost, Costs related to employees related expenses by preparing SOP’s.
• Defining the risk areas, assessing their probability and impact and suggesting actions to mitigate the same thereby helping the organization to improve performance
• Statutory Compliances of various Acts as applicable to the company was also reviewed & a report for the same had been prepared
• Had conducted Depot Audits for review of compliance of the SOPs of the company as applicable to the depots & prepared reports on the same.
• Conducted Monthly Gst returns audit, filed GSTR-1, GSTR-3B and other GST Related work.
• Payroll Audit
• Have undertaken Internal Audit assignment for Payroll Process wherein the entire process from attendance till the payment of salary including other benefits provided eg. Loans granted, etc was been reviewed.
• Scrutinizing PF,ESIC and TDS Calculations of Payroll.(Around 1200 employees).
• Other Work handled during the tenure
• Assisted in making and finalization of consolidated financial statements of various companies.
• Individually handled departmental Service tax Audit of Listed Company
• Individually handled VAT Audit of various companies.
• Assissted in paper work for Income tax scrutinies.
• Assisted in Tax Audit and Finalisation of Various Companies.
• Preparation and filing of form15CA and15CB under Income tax act1961.
• Handled and Finalisied Gst Audits

• Completed essential training under the guidance of well experienced, empathetic and professionally expert employer and assisted in varied fields as under:
• Taxation:
• Planning, preparation &finalization of Income Tax Returns of companies, individuals, partnership firm, trusts and society assessee’s
• Assisted in Tax Audit of companies, proprietorship as well as of partnership firms
• Assisted in TDS work, service tax including Reverse Charge Mechanism
• Assisted in Handling appeal matters of scrutiny assessment under section 143(3), income escaping assessment under section 147 and search and seizure cases under section 132 of Income tax Act, 1961
• Handled Return work of Taxation matters, e-filing of Income tax Returns, VAT, Service tax returns and other miscellaneous works
• Auditing:
• Handled audit assignments such as Statutory Audit, Internal Audit, Tax Audit and other miscellaneous audits
• Carried out Statutory Audit of various Companies under Services, Manufacturing and trading concerns
• Preparation of Financial Statements in compliance with Schedule III of the CompaniesAct,2013 and Vouching, Drafting Correspondences, Handling and Reconciliation of Debtors and other miscellaneous matters
• Application of various Accounting Standards like AS-2,7,11,13,18,22 etc
• During audit of clients
• Other Assignments:
• Preparation and filling of ROC forms
• Preparation and filing of form15CA and15CB under income tax act1961
• Preparation and filing of form 29B under income tax act1961.