Manali Prakash Dabke
Thane
Summary
Highly skilled and results-driven Internal Auditor with extensive experience in performing independent monthly audits of manufacturing processes, financial controls, and compliance with accounting standards. Expertise in identifying key risks, conducting Internal Financial Control (IFC) testing, and uncovering inefficiencies that result in significant cost savings.
Overview
10
10
years of professional experience
Work History
Assistant Manager-Internal Audit
Godrej & Boyce Co. Ltd.
Mumbai
08.2022 - Current
- Perform independent monthly internal audits across various functions, including manufacturing processes, procurement, trial balance reviews, plant operations, sales, and subcontracting
- Conduct thorough analysis of internal controls and financial processes to identify key risks and inefficiencies
- Conduct Internal Financial Control (IFC) testing, identifying and mitigating potential financial risks
- Discovered significant issues related to incorrect vendor payments and lack of control on payment terms, resulting in cost savings of Rs
- 10.87 Lakh
- Identified gaps in revenue recognition practices as per IND AS, which had a financial impact of Rs
- 85 crore, leading to recommendations for improved compliance and accuracy
- Collaborate with cross-functional teams to ensure alignment on internal controls, risk management, and compliance
- Prepare and present detailed audit reports and recommendations to senior management, ensuring clarity and actionable insights
Assistant Audit Manager
Leela Fintech Services LLP
Goregaon
02.2021 - Current
- Conducted internal Audit of pharmaceutical company
- Preparation of balance sheet and profit & loss accounts of private limited companies
Audit Executive
Venkat & Associates LLP
Thane
08.2019 - 01.2021
- Conducted Internal Audit of private limited companies
- Audit of Internal Control for Financial Reporting
- Conducted stock audits of listed company
Articled Assistant
R. S. Sanghai & Associates
Lower Parel, Mumbai
02.2015 - 01.2018
- Assisted in Statutory Audit of a variety of clients including Private Limited Companies, Partnership firms, Individuals from various sectors to ensure compliance with Companies Act, Accounting Standards and other applicable laws and regulations
- Finalization of accounts and preparation of financial statements in conformity with the relevant accounting standards and applicable financial reporting framework
- Internal Financial Control Implementation & Testing
- Ensuring systematic and proper documentation of audit work performed
- Verification of compliance of Standard Operating Procedures (SOP)
- Conducting Tax Audits of various organizations u/s 44AB of the Income Tax Act, 1961
- Computation of income and filing of tax returns of corporate entities, firms and individuals
- Conducing domestic transfer pricing audit u/s 92 of the Income Tax Act, 1961
Education
B.Com -
Mumbai University and Maharashtra State Board
03.2014
H.S.C -
Mumbai University And Maharashtra State Board
02.2011
S.S.C -
Mumbai University and Maharashtra State Board
03.2009
Chartered Accountant - CA Final, CA - Intermediate, Common Proficiency Test
Skills
- Power BI
- PowerPoint
- MS Excel
- MS Word
- SAP (Business One)
- Accounting and ERP packages
Accomplishments
- Identified vendor payment issues, saving the company Rs. 10.87 Lakh by improving control over payment terms.
- Highlighted significant concerns with revenue recognition under IND AS, impacting financial statements by Rs. 85 crore.
- Recognized for driving continuous improvements within the department, awarded 'Best Kaizen of the Year.'
Hobbies and Interests
- Travelling
- Trekking
- Music
- Sports
Languages
- English
- Hindi
- Marathi
Personal Traits
- Willingness to adapt to diverse work environment.
- Ability to interact and communicate effectively.
- Continuous learner and willingness to improve with experience.
Timeline
Assistant Manager-Internal Audit
Godrej & Boyce Co. Ltd.
08.2022 - Current
Assistant Audit Manager
Leela Fintech Services LLP
02.2021 - Current
Audit Executive
Venkat & Associates LLP
08.2019 - 01.2021
Articled Assistant
R. S. Sanghai & Associates
02.2015 - 01.2018
B.Com -
Mumbai University and Maharashtra State Board
H.S.C -
Mumbai University And Maharashtra State Board
S.S.C -
Mumbai University and Maharashtra State Board
Chartered Accountant - CA Final, CA - Intermediate, Common Proficiency Test
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