Manisha Baid Jain

Current Role: Associate Finance Manager at GODI India Private Limited

• Financial & Legal Compliances : Handles reporting, audits, tax audits, GST filings, and statutory compliance.
• Skills Developed : Multitasking, leadership, analytical skills, change acceleration, and problem-solving.
• Financial Process Enhancement : Focus on reducing risk, improving productivity, and internal controls.
• Key Responsibilities :Management accounts, cash flow, revenue, operating expenses, capital budget, and treasury management.
  Statutory compliance with audits, GST (monthly GSTR1, GSTR3B, annual filings, reconciliation), taxation, FEMA, and corporate laws.
  Handles notices, investigations, and litigations under tax laws.
  Improvised internal controls in P2P, Inventory, and O2C processes.
  Managed working capital, cash flow, and collection management.
  
• Audit & Compliance : Risk-based audits across multiple industries (food, construction, manufacturing, retail), ensuring compliance with Indian GAAP and the Companies Act.
• Management Tools & Financial Reporting : Created KPIs, financial ratios, trend analysis, and reports for forecasting and performance measurement.
• System & Internal Control Evaluation : Reviewed and improved accounting and internal control systems.
• Tools & Software Expertise : ZOHO BOOKS, Tally Prime, ERPs, Microsoft Excel, and PowerPoint.

• Accounting and Transaction Management: Oversee the recording of day-to-day accounting transactions.
  Generate accounts receivable invoices, e-invoicing, sales orders, and delivery challans using Tally Prime.
  Verify vendor invoices and employee claims for acknowledgment and accuracy.
  
• Expense Verification and Classification: Determine whether expenses are capital or revenue in nature.
  Capitalize costs associated with capital expenditures as required.
  
• Compliance and Bookkeeping: Ensure the applicability of TDS and GST before capturing entries in the books.
  Prepare employee claims and vendor payment advice following standard processes.
  Reconcile debtor, creditor, and bank accounts regularly.
  
• Taxation and Financial Reporting: Prepare TDS workings monthly and file TDS returns quarterly.
  Create amortization schedules for prepaid expenses.
  Maintain and file vouchers daily, weekly, or monthly as per agreed procedures.
  
• Audit Coordination: Prepare audit schedules and coordinate with auditors to ensure timely completion.
  Liaise with clients for missing or incomplete information on a routine basis.

Technical Proficiency:

• Expertise in SAP and Tally Prime accounting ERPs.
• Advanced skills in Microsoft Excel and proficiency in PowerPoint.
  

• Accounting and Transaction Management: Oversee the recording of day-to-day accounting transactions. Generate accounts receivable invoices, e-invoicing, sales orders, and delivery challans using Tally Prime. Verify vendor invoices and employee claims for acknowledgment and accuracy.
• Expense Verification and Classification: Determine whether expenses are capital or revenue in nature. Capitalize costs associated with capital expenditures as required.
• Compliance and Bookkeeping: Ensure the applicability of TDS and GST before capturing entries in the books. Prepare employee claims and vendor payment advice following standard processes. Reconcile debtor, creditor, and bank accounts regularly.
• Taxation and Financial Reporting: Prepare TDS workings monthly and file TDS returns quarterly. Create amortization schedules for prepaid expenses. Maintain and file vouchers daily, weekly, or monthly as per agreed procedures.
• Audit Coordination: Prepare audit schedules and coordinate with auditors to ensure timely completion. Liaise with clients for missing or incomplete information on a routine basis.

Technical Proficiency:

• Expertise in SAP and Tally Prime accounting ERPs.
• Advanced skills in Microsoft Excel and proficiency in PowerPoint.

• Key Responsibilities:
• Document Execution: Clearly and accurately document specific review procedures as defined by the engagement teams.
• Industry Knowledge and Awareness: Demonstrate a basic understanding of the industry or sector and stay informed about relevant technical issues and current business developments.
• Identify Review Issues: Recognize potential review issues or unusual relationships from basic analysis of financial statements and communicate them to the immediate supervisor.
• Collaboration and Goal Setting: Work closely with seniors and engagement teams to establish goals and responsibilities for each engagement.
• Substantive Testing: Perform primary substantive procedures, including Cash, Accounts Receivable, Search for unrecorded liabilities, PPE testing, and Inventory LOCOM Testing for SEC-listed companies.
• Fraud Risk and Complex Analysis: Analyze fraud risk factors and complex financial information throughout engagements.
• Independent Judgment: Demonstrate professional skepticism and independent judgment in applying auditing and accounting standards to meet regulatory requirements and engagement expectations.
• Test of Controls: Perform substantive testing and Test of Controls, including preparing flowcharts using Visio software.
• Tie-Out Procedures: Execute tie-out procedures on 10-K and 10-Q reports.
• Technology Utilization: Use technology to share knowledge, improve service delivery, and enhance review techniques.
• Professional Standards and Communication: Promote EY's ethical and professional standards, maintain data confidentiality, and demonstrate professionalism and competence in communications with team members.
• Continuous Improvement: Contribute ideas/opinions to assurance teams, compare review efficiencies across clients, and suggest improvements to procedures.

Role Overview: Key Responsibilities: Qualifications and Skills:

Company Overview:
Arise India Ltd is a leading group specializing in financial consulting and management, where innovation meets excellence. I provide expert solutions to streamline finance operations, ensure compliance, and drive profitability.

As a Financial Consultant, I lead a dynamic team of 10 professionals and oversee financial management, compliance, and reporting functions. My role demands strategic oversight, analytical precision, and a deep understanding of financial practices and statutory requirements.

• I lead finance operations, including tax management, audits, and finalization of accounts, ensuring accurate financial reporting.
• I track product-wise and region-wise performance to optimize business strategies.
• I prepare and monitor departmental and company-wide budgets against actual performance, focusing on profitability and cost control.
• I evaluate internal controls by assessing records, MIS reports, and operational practices for compliance and improvement opportunities.
• I review financial statements for adherence to the Companies Act 2013, Indian GAAP, and other statutory compliances.
• I ensure the accuracy of accounts receivable/payable, general ledgers, and other financial records.
• I reconcile banking activities, including deposits, payments, and account balances, to maintain transparency and accuracy.
• I monitor and update client and accounting databases to ensure optimal functionality and adherence to industry standards.
• I inspect financial statements, balance sheets, and budgets for accuracy and alignment with corporate policies.
• I manage statutory reconciliations, including ESI, PF, PT, and TDS, to reflect accurate reporting and compliance.
• I test and maintain Fixed Asset Registers and prepaid expense schedules for accurate reporting and classification.
• I assess existing accounting systems and recommend improvements to enhance efficiency and compliance.
• I generate financial insights by analyzing sales, expenses, and COGS trends for better decision-making.
• I ensure compliance with TDS, GST, and other regulations, while overseeing regular filings and reporting.
• I support strategic decision-making through detailed financial analyses and effective communication of key findings.
• Proven expertise in NAVISION , Tally Prime , and BUSY accounting ERPs.
• Advanced proficiency in Microsoft Excel and strong skills in PowerPoint presentations.

Role Overview: Key Responsibilities:

I completed my Article-ship training at M/s. Sewag & Company , a well-regarded Chartered Accountant firm specializing in statutory and internal audits, tax audits, and financial consulting for corporates, SMEs, and trusts.

During my Article-ship, I assisted in various audit and taxation tasks, gaining valuable practical experience in accounting, financial reporting, and tax compliance under the guidance of senior professionals.

• Assisted in statutory and internal audits for SMEs, partnerships, and trusts.
• Supported tax audits , tax return filings, and compliance with regulatory requirements.
• Handled tax scrutiny hearings with the Assessing Officer (AO).
• Performed stock audits and concurrent audits for banks.
• Analyzed financial statements and supported tax planning and compliance.
• Maintained audit working papers and documented findings for reporting.

This experience provided comprehensive exposure to auditing, tax compliance, and financial reporting, contributing significantly to my professional growth in the field of Chartered Accountancy.