Himanshu Verma
Chartered Accountant
Delhi
Summary
A Chartered Accountant with extensive experience in providing audit, accounting, and advisory services to both Indian and international clients across diverse industries. Demonstrated ability to manage multiple engagements efficiently in fast-paced, deadline-driven environments while maintaining high professional and ethical standards.
Overview
8
8
years of professional experience
Work History
Senior 3 (Assistant manager equivalent), Assurance
Deloitte
08.2023 - Current
- Work Profile: Leading the audits and managing the team of experienced professionals and graduate on the audit engagements.
- External audit and interim audits (Non-FS & FS clients): 3 clients and 3+ engagements
- Successfully led the completion of 5 SPVs in Ireland, arranged by UBS Bank and BNPP, to support structured finance transactions including note issuance, securities investment and derivative agreements.
- Key areas: Level 1 investment valuations and investment movement testing, reconciliation of value of notes derived from the assets and derivatives, Interest expense and income calculations.
- Collaborated with the valuation team to perform rigorous derivatives testing.
- Played a pivotal role in the main audit team for a premier UK defense equipment manufacturer, focusing on Scoping, Investment impairment, critical assessment of journal entries (Significant risk area) to prevent management override of control.
- Co-led the interim and final audits for a financial services client under UK GAAP overseeing 22 entities including 2 publicly listed entities, with a keen focus on Level 1 and 2 Investment valuations and Investment additions and drawdowns.
- Reviewed all the areas of the financial statements like revenue, other expense, payroll, PPE and LIBOR/SOFR loans.
- Mentored and directed a team on an audit engagement, imparting industry-specific knowledge and guidance on the structure of derivative transactions to the team members new to the sector.
- Took charge of communication, leading Query/discussion calls with Onshore teams, internal departments, and clients to facilitate seamless audit processes and information flow.
Senior Consultant, Assurance
Grant Thornton Bharat LLP
04.2019 - 07.2023
- Industries covered include Healthcare, Hospitality, Power generation and distribution, e-commerce, battery, water filtration and asset management company.
- Key clients include Panacea Biotec Limited (Listed) pharmaceutical and vaccine company for 6 quarters and 2 year-ends, Bharat Hotels Limited (The Lalit) a leading Hospitality company, Alfanar Group a Power distribution and generation company, Shop Kirana (Associate of Info Edge) an E-Commerce Startup and Livguard Batteries Pvt Ltd, Livpure Water purifiers.
- Finalized financial statements and SEBI results (Regulator) as per Ind AS & IGAAP and audit reports and certificates as per auditing standards.
- Assisted in implementation of Ind AS 116 (Leases), Ind AS 109 (Financial Instruments), Ind AS 23 (Borrowing cost), etc.
- Identified various irregularities and fraud entries in a company.
- Ensured proper accounting for complex matters (consolidation of FS, consolidated CFS, Ind AS adjustments, RPT, actuarial valuation, inventory provisioning, finance cost computations, etc.).
- Worked on clients making transition from IGAAP to IND AS and vice versa.
- Identified deficiencies in internal financial controls of a leading Hospital in India which is also a listed entity.
- Ensured proper compliance and reporting on clauses of Tax audit u/s 44AB of Alfanar Group.
Intern, Assurance
JC Khanna & Company
03.2018 - 04.2019
- Conducted comprehensive analysis of financial statements to assess company performance, ensuring alignment with industry standards and financial regulations.
- Developed and presented Management Information System (MIS) reports to senior management, highlighting key financial insights and trends.
- Prepared accurate income tax and Goods and Services Tax (GST) computations, facilitating timely and compliant return filings.
- Represented the company during a sales tax assessment, effectively communicating with tax authorities to resolve queries and issues.
Education
Chartered Accountancy -
Institute of Chartered Accountants of India
01.2022
Bachelor in Commerce - undefined
Delhi University
01.2018
Senior Secondary - undefined
Guru Harkrishan Public School
01.2014
Skills
Working knowledge of MS Office
Accomplishments
- Received “Spot Award” for excellent performance.
- Part of “Team of the quarter award” for 2 consecutive quarters.
- Secured merit in 1 subject of CA Final and 3 subjects of CA IPCC.
- Received Certificate of Merit from school for academic excellence in English in School.
Timeline
Senior 3 (Assistant manager equivalent), Assurance
Deloitte
08.2023 - Current
Senior Consultant, Assurance
Grant Thornton Bharat LLP
04.2019 - 07.2023
Intern, Assurance
JC Khanna & Company
03.2018 - 04.2019
Bachelor in Commerce - undefined
Delhi University
Senior Secondary - undefined
Guru Harkrishan Public School
Chartered Accountancy -
Institute of Chartered Accountants of India