Jay Ganatra

• Prepared accurate and timely financial statements, including balance sheets and income statements. Performed regular account reconciliations to ensure all financial data was accurate and up to date.
• Prepared and filed tax returns, ensuring compliance with tax laws and regulations. Provided guidance and mentorship to junior accounting staff, fostering a collaborative and productive work environment. Communicated financial information clearly and effectively to stakeholders, including management, investors, and auditors.
• Built strong relationships with vendors to negotiate favorable payment terms, resulting in improved working capital management.

• Skilled in identifying and evaluating potential risks, designing, and implementing effective internal control systems. Proficient in compliance monitoring to ensure adherence to laws, regulations, and policies. Strong data analysis abilities for interpreting complex financial data, paired with excellent problem-solving skills to address issues and develop effective solutions.
• Provided valuable insights into the effectiveness of internal controls by performing detailed evaluations of business processes and systems.
• Supported decision-making processes by presenting relevant audit findings to senior management in a clear and concise manner.

Concurrent Audit:

• Validated compliance with SLR and CRR requirements, conducted vouching and verification of government securities, bonds, and equity, and compiled daily reports outlining opening, purchase, sale, and closing details for HTM, AFS, and HFS categories.
• Ensured accurate calculation and application of loan interest rates in alignment with sanctioned agreements and bank circulars, while overseeing precise levy and collection of fees, including processing, account maintenance, and overdraft charges.

Statutory Audit:(Refineries Industry, Banking Industry)

• Ensured compliance with statutory requirements, banking regulations, and Reserve Bank of India (RBI) guidelines during the audit process.
• Successfully audited classification, measurement, and recognition of financial instruments as per Ind AS 109 requirements.
• Ensured adherence to applicable statutory requirements, accounting standards (like Ind AS, GAAP), and regulatory guidelines during audits.

Internal Audit:

• Prepared comprehensive audit reports and presented findings to senior management, highlighting key compliance and operational issues.
• Investigated discrepancies and irregularities to detect fraud, malpractice, or non-compliance issues.

Special Audit:

• Review the Standard Operating Procedure (SOP) and incorporate the necessary procedures to ensure completeness and accuracy.