Kartheek Sowdarimettu

• Led statutory audit for US SEC-registered Fortune 250 global life sciences company headquartered in Raleigh, USA, across three fiscal years (two completed, one ongoing).
• Directed engagement as Audit Senior from Deloitte USI (Hyderabad), covering year-end integrated audits (Form 10-K) and quarterly reviews (Form 10-Q) of the ultimate holding company.
• Managed end-to-end audit execution, including audit planning and scoping, risk assessment, project management, and review of work performed by the audit team.
• Extensive experience in internal control testing, including process walkthrough with control owners, risk identification, and testing of design and operating effectiveness of controls to identify deficiencies and improvement opportunities.
• Planned, executed, and reviewed substantive testing across all major balance sheet and income statement areas, with a focus on revenue, receivables, payables, PPE, leases, debt, payroll, operating expenses, and cost of revenue.
• Researched, interpreted, and applied complex accounting standards to ensure accurate financial reporting and regulatory compliance.
• Acted as the primary point of contact for coordination with client stakeholders and the US audit team, ensuring timely resolution of audit queries and smooth engagement delivery.
• Led and coached a five-member audit team during peak season, comprising qualified Chartered Accountants and accountancy graduates, fostering high performance and quality execution.

• Performed audits for PCAOB and AICPA engagements within the Life Sciences and Healthcare industry, with a strong focus on risk assessment, substantive testing and internal controls.
• Executed audit plans and performed substantive testing across key balance sheet and income statement areas, including receivables, payables, investments, cash and cash equivalents, leases, debt, bonus accruals, stock-based compensation, payroll, revenue, and cost of revenue.
• Evaluated the design and operating effectiveness of internal controls, identifying control gaps, potential risks, and improvement opportunities.
• Prepared audit workpapers, ensuring clear documentation of procedures performed, evidence obtained, and conclusions reached in accordance with audit standards.
• Performed financial statement tie-outs to ensure accuracy and consistency of reported figures in Forms 10-Q and 10-K.
• Collaborated with engagement teams to identify, assess, and resolve critical audit and control issues, supporting accurate financial reporting and timely issue resolution.

Internal and External Audits

• Independently executed comprehensive internal audit for one of the sites of major construction project valued at approximately ₹1000 crore.
• Reviewed procure-to-pay processes to ensure statutory compliance and optimize resource utilization.
• Executed physical verification of cash inventory and fixed assets, conducted reconciliations, reported audit observations, and proposed process enhancements to management.
• Executed statutory and tax audits for corporate and non-corporate clients across diverse sectors including Digital Marketing, Healthcare, Steel, Real Estate, and Event Management.
• Facilitated statutory audit execution and documentation for a leading bank branch.
• Conducted stock audits across three project sites for reputed gas pipeline company with inventory valued at approximately ₹30 crore. Performed an audit for reputed salon chain.

Accounting & Financial Reporting

• Supported accounting and financial reporting for an Environment Management Company with turnover exceeding ₹350 crore.
• Handled Accounts Payable, treasury operations, MIS reporting, and balance reconciliations.

Other Audit & Compliance Work

• Prepared and finalized books of accounts and financial statements, including cash flow statements, for corporate entities with turnovers ranging from ₹50 lakh to ₹10 crore.
• Managed GST registrations and return filings, along with preparation and filing of Income Tax, TDS, and Professional Tax returns for a diverse client base.
• Ensured compliance with FCRA regulations regarding foreign contributions received.