K Ranga Babu
Bengaluru
Summary
Results-driven audit and accounting professional specializing in compliance and financial analysis. Demonstrated success in improving audit deliverables and conducting compliance audits to ensure regulatory adherence. Expertise in identifying risks and implementing effective solutions to enhance financial integrity.
Overview
9
9
years of professional experience
Work History
Audit & Assurance Associate
Pricewaterhouse Coopers Service Delivery Center
Bengaluru
10.2024 - Current
- Led statutory audits for products and services sector, ensuring compliance with global regulatory standards.
- Collaborated with engagement leaders and cross-functional teams to enhance audit deliverables.
- Executed substantive testing of revenue transactions, validating recognition accuracy and compliance.
- Conducted operating expense testing, identifying discrepancies to strengthen internal controls.
- Critically evaluated client-provided evidence, ensuring integrity of audit findings and compliance.
- Assessed entity's going concern status, evaluating financial health and operational sustainability.
- Identified irregular journal entries, achieving 20% reduction in financial reporting errors.
- Mentored new team members, fostering smooth project execution and high-quality work papers.
Accountant
Andhra Pradesh Southern Power Distribution Co. Ltd
Andhra Pradesh
03.2024 - 09.2024
- Streamlined accounting procedures and workflows through effective team collaboration.
- Executed timely general ledger reconciliations to ensure accuracy.
- Maintained financial records and performed billing reconciliation for seamless operations.
Audit Associate
KLPV & Associates
Chennai
06.2023 - 12.2023
- Conducting statutory, internal, concurrent, and other audits in accordance with the financial reporting standards and Standards on Auditing for a wide range of clients, along with planning, execution, and finalizing the audits.
- Communicated audit results effectively to stakeholders and clients.
Associate
EY GDS
Bengaluru
11.2021 - 03.2022
- Executed financial statement tie-outs, ensuring accuracy in cash reconciliations through GL testing.
- Developed lead sheets and thorough audit documentation for international statutory audits.
Article Assistant
Anil Jain & Associates
Bengaluru
02.2017 - 02.2020
- Conducted statutory concurrent revenue and stock audits for banks including SBI, ICICI, Union Bank, and BOB.
- Executed comprehensive audit planning, ledgers scrutiny, vouching, verification, and reconciliation confirmations.
- Analyzed financial statements and prepared detailed audit reports to assess compliance.
- Supervised monthly preparation of clients' books of accounts and ensured statutory compliance.
- Managed a team to perform audits by delegating responsibilities and tracking progress.
- Facilitated timely reporting to maintain adherence to regulatory requirements.
- Conducted thorough reviews of audit processes to improve efficiency and accuracy.
- Coordinated status updates with team members to ensure project timelines were met.
Education
CHARTERED ACCOUNTANT -
The Institute of Chartered Accountants of India
05-2024
Bachelor of Commerce -
Accounting &Finance
06-2021
Skills
- Audit compliance and documentation
- Financial analysis and reporting
- Revenue recognition strategies
- Internal control systems
- Regulatory adherence
- Ind AS and US GAAP standards
- Tax compliance
- Accounting software proficiency
- Microsoft Office applications mastery
- Risk evaluation techniques
- Time management skills
- Team mentoring and development
- Collaborative teamwork skills
- Active participation in CSR initiatives
- Problem-solving and analytical skills
Languages
English
Proficient (C2)
C2
Telugu
Native
Native
kannada
Advanced (C1)
C1
Tamil
Advanced (C1)
C1
Hindi
Beginner (A1)
A1
Timeline
Audit & Assurance Associate
Pricewaterhouse Coopers Service Delivery Center
10.2024 - Current
Accountant
Andhra Pradesh Southern Power Distribution Co. Ltd
03.2024 - 09.2024
Audit Associate
KLPV & Associates
06.2023 - 12.2023
Associate
EY GDS
11.2021 - 03.2022
Article Assistant
Anil Jain & Associates
02.2017 - 02.2020
CHARTERED ACCOUNTANT -
The Institute of Chartered Accountants of India
Bachelor of Commerce -
Accounting &Finance