HEMANT AGRAWAL

• Conducted statutory audits and limited reviews for entities, ensuring compliance with the applicable financial reporting framework.
• Conducted internal financial control testing by performing walkthrough, design and implementation and operating effectiveness of various areas such as Property, Plant & Equipment, Internally generated software, Employee Stock Compensation Expense, Equity, Payroll, Management Override of Controls.
• Performed detailed substantive analytical reviews and variance analysis of various areas, such as Property, Plant & Equipment, internally generated software, Employee Stock Compensation Expense, equity, and payroll.
• Preparation of Auditor’s report for statutory audit and report on Internal Controls over Financial Reporting (ICoFR) in accordance with Standards on Auditing (SA).
• CARO Reporting
• Conducted tax audit and preparation of tax audit report as required under section 44AB of Income Tax Act 1961.

Major Clients Handled:

• EXL Holdings Inc. and its subsidiaries (a NASDAQ-listed company)
• Honeywell India Private Limited (a subsidiary of an NSE- and BSE-listed company)
• Encora Innovations Labs India Private Limited

Statutory and Internal Audit
● Reviewed statutory compliances like TDS, GST, Professional Tax, and Payroll in accordance with Income Tax Act, Companies Act, and Goods & Service Tax of unlisted companies.
● Scrutiny of Trial Balances
● Team member in the Statutory Audit of State Bank of India branches and conducted the audit in compliance to the format of report and also ran through surprise checks and visits.
● Tested Internal Controls for business processes like revenue, expenses, purchase, treasury, fixed assets, and payroll as per firm methodologies.
● Team member of Internal Audit team of Mathura Vrindavan Development Authority.
Tax Audit
● Experienced with over 100+ tax audits and review of Form 3CA - CD through the period of various entities viz. Companies, Partnership firms, Trusts, Societies, HUFs, Sole-proprietorships and others.
● Filed Income Tax returns of 500+ clients and possess strong working knowledge of Compu-tax, Compu-TDS and Compu-GST.
● Finalized accounts for GST filing and ensured all the legal compliances are adhered to.
● Ensured legal compliances of TDS along with data compilations & TDS calculation.
● Computation of Income Tax of Corporate Entities and Firms.
Bank Audit
● Team member in Concurrent Bank Audit of Syndicate Bank.
● Preparation of monthly & quarterly audit reports as per the format provided with and visiting the branch randomly for cash and working checks.
● Prepared Ghosh & Jilani report of branches of State Bank of India.
Others
● Assisted various clients in tax planning.
● Preparation of Projected Financial Statements.
● Preparation of various Certificates such as Turnover Certificate, Net worth Certificate etc.