Mayur Asnani
Bhopal
Summary
Result oriented Professional currently working in Deloitte & Touche Assurance Services Private Limited with 3+ years of post-qualification experience and 3 + Years of Pre-Qualification experience in Internal Audit, Internal Controls, US GAAP, IFRS, IND AS, Auditing & Financial Reporting.
Overview
9
9
years of professional experience
Work History
Senior Auditor 2
Deloitte and Touche Assurance Services
06.2022 - Current
- Company Overview: Deloitte is a multinational professional services network based in London, United Kingdom. It is the largest professional services network in the world by revenue and number of employees and is one of the Big Four accounting firms.
- Experienced audit professional with over 3+ years at Deloitte USI, specializing in integrated external audits for PCAOB and AICPA clients with revenues exceeding $1 billion across industries such as restaurant and manufacturing.
- Led and managed a team of 5 audit professionals, overseeing daily workflow and ensuring timely completion of audit deliverables.
- Provided guidance, training, and performance feedback to team members, fostering a collaborative and high-quality work environment.
- Experience in evaluating direct and indirect internal controls across P2P, O2C, Revenue, Payroll cycles, Reconciliations and Inter Company.
- Skilled in designing and executing risk-based audit plans and control testing for significant financial statements line items like Accounts Payable, Receivable, Revenue, Payroll, COGS, Operating Expenses.
- Proficient in financial analysis to identify anomalies, trends, and risk areas in financial statements.
- Strong background in assessing and documenting audit misstatements, including materiality evaluation.
- Hands-on experience with SOX, ICFR, and US GAAP compliance requirements.
- Collaborative approach to process documentation and control remediation with client teams.
- Effective communicator, presenting findings and recommendations to senior management.
- Identified and evaluated material weaknesses in accounts payable controls, addressing issues affecting a $10 million payable balance.
- Evaluated misstatements in classification, occurrence, and existence identified through audit procedures in accounts payable, revenue, and operating expense areas.
- Deloitte is a multinational professional services network based in London, United Kingdom. It is the largest professional services network in the world by revenue and number of employees and is one of the Big Four accounting firms.
Accounts Executive
Aadarsh Private Limited
07.2017 - 07.2020
- Company Overview: Aadarsh Private Limited is a Walt Disney approved Printing & publishing company and is having its own IP (Intellectual Property) in animated cartoon characters for children and is having a worldwide distribution network in more than 25 countries.
- Prepared and finalized financial statements in accordance with relevant accounting standards, compliance requirements, and financial reporting frameworks; prepared cash flow/fund flow statements and bank reconciliation statements.
- Maintained comprehensive books of account for client engagements, including cash/bank books, general ledger, fixed assets register, accounts payable, and accounts receivable.
- Analyzed and finalized financial statements, ensuring adherence to applicable accounting standards and compliance requirements.
- Demonstrated expert knowledge of accounting standards issued by the Institute of Chartered Accountants of India.
- Ensured effective operation of internal financial controls and compliance with organizational SOPs related to financial processes.
- Conducted inventory valuation and physical verification of assets in line with prescribed accounting standards.
- Assisted in full audit cycles, including risk management, control assessment, and evaluation of financial reliability and regulatory compliance.
- Aadarsh Private Limited is a Walt Disney approved Printing & publishing company and is having its own IP (Intellectual Property) in animated cartoon characters for children and is having a worldwide distribution network in more than 25 countries.
- Pre-Qualification Experience
Ondoor Concepts Private Limited
05.2016 - 06.2017
- Company Overview: Ondoor Concepts Private Limited is an e-commerce Bhopal based start-up venture that provides food staples and household item.
- Conducted comprehensive walk-throughs of business processes to identify key risks and assess the effectiveness of existing internal controls.
- Evaluated company policies by comparing them with established standard operating procedures to identify gaps and ensure alignment.
- Utilized data analysis techniques on transactional-level data sourced from SQL databases and MIS reports, supporting evaluation and risk assessment.
- Conducted Test of Design and Test of Controls for critical business cycles, including revenue (order to cash), purchase to pay, payroll, and expenses, ensuring robust process controls.
- Reviewed audit fieldwork and engaged in discussions with management to communicate findings, develop actionable recommendations, and establish follow-up action plans.
- Ondoor Concepts Private Limited is an e-commerce Bhopal based start-up venture that provides food staples and household item.
Articleship Experience
- Concurrent and Statutory audit of Banks, statutory audits and tax audits, preparation of income tax and GST returns.
Education
Chartered Accountancy - BCOM
05.2022
Skills
- Microsoft Office proficiency
- Accounting standards compliance
- Auditing and assurance expertise
- Effective written and verbal communication
Mailing Address
D-349 Nehru Nagar, Bhopal, Madhya Pradesh
Languages
- English
- Hindi
Hobbies and Interests
- Travelling
- Cricket
Articleship Experience
Concurrent and Statutory audit of Banks, statutory audits and tax audits, preparation of income tax and GST returns.
Personal Information
- Father's Name: Mr. Harish Asnani
- Date of Birth: 03/27/91
- Marital Status: Married
Timeline
Senior Auditor 2
Deloitte and Touche Assurance Services
06.2022 - Current
Accounts Executive
Aadarsh Private Limited
07.2017 - 07.2020
Ondoor Concepts Private Limited
05.2016 - 06.2017