CA Akshat Jain
166, Jagriti Enclave, Karkardooma, Delhi
Summary
Seasoned Audit Executive with a robust background at TR Chadha & Co. LLP, showcasing expertise in financial statement analysis and team management. Excelled in enhancing audit processes and financial controls, leveraging SAP expertise and a keen eye for detail to drive accuracy and efficiency. Proven track record in leading teams to achieve comprehensive audit objectives.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Audit Executive
TR Chadha & Co. LLP
Noida
05.2024 - 08.2024
- Assisted in the preparation of audit plans and strategies to effectively assess financial processes and controls.
- Reviewed client contracts and agreements for accuracy and compliance with applicable laws and regulations.
- Reviewed management's reports to identify discrepancies or irregularities in accounting practices.
- Performed tests of internal controls to assess the adequacy of existing systems and processes.
- Identified potential risks associated with new business initiatives, and proposed solutions to mitigate those risks.
- Prepared detailed workpapers documenting all audit evidence obtained during the course of an engagement.
- Provided consulting services on complex accounting issues, such as revenue recognition, deferred taxes, and consolidation of subsidiaries.
- Performed in-depth process walkthroughs, documented key supporting materials, and designed comprehensive flowcharts to improve business process clarity and efficiency.
Audit Associate
V Sankar Aiyar & Co
New Delhi
12.2023 - 03.2024
- Drafted written summaries outlining findings from audit engagements for senior management review.
- Produced periodic reports summarizing the results of audit activities for presentation at board meetings.
- Provided training sessions for junior associates on various aspects of financial auditing techniques.
- Ensured that all statutory requirements were met while performing audits.
- Developed and maintained professional relationships with clients to understand their business and financial challenges.
- Evaluated the effectiveness of internal audit functions and provided feedback to improve audit processes.
Audit Associate
Jain & Chander
New Delhi
12.2020 - 12.2023
- Planning and performing statutory audit in accordance with the auditing standards
- Finalization of standalone and consolidated financial statements for statutory audits as per Schedule III of Companies Act 2013
- Led a team of 4-5 members throughout the year to audit various entities
- Performed extensive substantive audit procedures. To Illustrate – analysis of revenue policy and recognition criteria, verification of cash and bank balances, AR, AP, fixed assets, borrowings
- Scrutiny of ledgers, debtors and creditors reconciliation, verification of BRS and Bank/Cash Balances and also prepare OAR and record its reason of variances
- Analysed historic and current financial information using KPIs, performed revenue analysis, identifying revenue sources and profitability drivers
- Prepared audit reports and recommendations
Articleship Trainee
PKM Garg & Co.
New Delhi
12.2017 - 11.2020
- Prepare and maintain financial records for a variety of clients
- Assist in the preparation of financial statements, tax returns, and audit reports
- Worked on statutory audit, stock audit & cash verification
- Reconcile statutory dues & assets during audit & verify income & expenses
- Prepared and filed income tax appeals and submissions for a variety of clients
- Provided tax planning advice to clients
- Preparation of Net Worth Certificate
- Provided comprehensive support to senior auditors in various Audit Engagements
Education
Chartered Accountant -
Institute of Chartered Accountants of India (ICAI)
11-2024
Bachelor of Commerce (Honours) -
Delhi University
Skills
- Financial statement analysis
- Trend and Variance Analysis
- Contract review and analysis
- Accounting Standards (AS and Ind AS)
- Standards on Auditing
- SAP expertise
- Microsoft power BI
- Microsoft Excel
- Strong attention to detail and accuracy
- Time management abilities
- Team Management
Certification
- Advanced Integrated Course on Information Technology and Soft skills - Advanced Information Technology
- Virtual Management and Communication skills Course
- Integrated course on Information Technology and Soft skills - Information Technology
- Orientation course
- International Commerce Olympiad
- National Interactive Maths Olympiad
- Bharat Ko Jano Completion
Timeline
Audit Executive
TR Chadha & Co. LLP
05.2024 - 08.2024
Audit Associate
V Sankar Aiyar & Co
12.2023 - 03.2024
Audit Associate
Jain & Chander
12.2020 - 12.2023
Articleship Trainee
PKM Garg & Co.
12.2017 - 11.2020
- Advanced Integrated Course on Information Technology and Soft skills - Advanced Information Technology
- Virtual Management and Communication skills Course
- Integrated course on Information Technology and Soft skills - Information Technology
- Orientation course
- International Commerce Olympiad
- National Interactive Maths Olympiad
- Bharat Ko Jano Completion
Chartered Accountant -
Institute of Chartered Accountants of India (ICAI)
Bachelor of Commerce (Honours) -
Delhi University
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