J Neel Ratan
Brahmapur
Summary
Results-driven Audit Senior Associate with proven expertise in US GAAP and IND AS. Skilled in risk assessment, team supervision, and cross-cultural collaboration, consistently achieving audit milestones ahead of deadlines.
Overview
4
4
years of professional experience
Work History
Audit Senior Associate
KPMG Global Services
Bangalore
12.2024 - Current
- Executed and reviewed audits in collaboration with onshore US teams focusing on high-risk areas like Journal entry and Revenue testing.
- Acted as the primary liaison between Clients and onshore US Managers and above, streamlining communication and audit completion across time zones.
- Facilitated periodic status meetings with US Partners and Senior Managers to report on audit progress, identified queries and resolutions.
- Supervised and mentored a team of Associates, performing rigorous workpaper reviews to ensure 100% technical accuracy and alignment with designated engagement budgets and hour allocations.
- Optimized team productivity by implementing structured task tracking, resulting in the consistent achievement of audit milestones ahead of statutory deadlines.
- Executed robust risk assessment procedures and assessed risk for various business processes such as Revenue, PPE, Hire to Pay, Debt, Cash, Receivables and Payables, in accordance with KPMG Way and relevant regulatory frameworks.
- Involved in multi-jurisdictional private audit engagements across the US, Germany, and Japan, ensuring seamless execution and adherence to localized statutory requirements and global quality standards.
Audit Senior
Deloitte & Touché AERS
Hyderabad
01.2022 - 08.2024
- Test the design, implementation, and operating effectiveness of company’s process-level and entity-level controls through inquiry, inspection, and re-performance to assess the risk associated with the controls over financial reporting.
- Assisted teammates and interacted with client members to complete all required procedures for process walkthroughs of Entity level controls, PP&E controls, Accounts Receivable and Accounts Payable controls.
- Performed substantive audit testing procedures (including Test of Details, Analytical procedures, Cycle-based testing) over significant account balances.
- Performed Risk assessment procedures such as Sensitivity analysis, Retrospective and lookback analysis, and Substantive procedures such as Stress tests, Industry and Peer benchmarking analysis for Goodwill impairment testing in accordance with ASC 350 under US GAAP and IAS 36 under IFRS. (As part of Goodwill COE team).
- Managed client with annual Revenues up to USD 2 billion engaged in Energy and Chemicals Industry. Responsibilities include Client relationship Management, holding risk assessment, performing substantive procedures, and tracking the progress of audit against chargeable hours.
Education
Chartered Accountant -
The Institute of Chartered Accountants
07.2021
Bachelor of Commerce - A&F
Indira Gandhi National University
12.2019
Skills
- US GAAP and IND AS
- IFRS standards
- PCAOB auditing
- Microsoft Office proficiency
- Goodwill impairment analysis
- Team supervision
- Effective communication
- Cross-cultural collaboration
Awards & Honours
- 2 x Spot Award, Deloitte
- 1 x Applause Award, Deloitte
- 1 x Spot Award, KPMG
- 1 x Senior of the Quarter, KPMG
Languages
- English
- Hindi
- Telugu
- Odia
Timeline
Audit Senior Associate
KPMG Global Services
12.2024 - Current
Audit Senior
Deloitte & Touché AERS
01.2022 - 08.2024
Chartered Accountant -
The Institute of Chartered Accountants
Bachelor of Commerce - A&F
Indira Gandhi National University