Paras Arora
Bhiwani
Summary
Dedicated professional with 5+ years of comprehensive experience working with teammates to support accounting functions and in-depth audits. Accurately inputs data and records day-to-day transactions. Solid understanding of basic bookkeeping and accounts payable and receivable. Methodically evaluated documents and systems and initiated corrections in compliance with established standards. Known for great attention to detail, exemplary auditing skills and commitment to excellence.
Overview
11
11
years of professional experience
Work History
Finance Associate
Centre For Science Of Student Learning
Sadahalli, Devanahalli, Bengaluru
10.2020 - Current
- Managed the timely and accurate filing of GST, TDS, and Income Tax returns, ensuring compliance with regulatory requirements.
- Oversaw the preparation and finalization of monthly Financial Statements, providing accurate insights into the financial performance of the organization.
- Developed and implemented an RCM (Risk Control Matrix) framework for internal control processes, enhancing risk identification and mitigation strategies across organizational functions.
- Contributed to the Internal Audit process, assisting in the identification of areas for improvement and ensuring adherence to internal controls.
- Administered Payroll and HR functions, including salary processing and issuance of employment documentation such as appointment letters and relieving letters.
- Implemented procedural systems to streamline month-end processes, ensuring the thorough completion and review of financial records.
- Enhanced internal reporting systems to facilitate more effective communication and decision-making within the organization.
- Performed variance analysis on budgeted vs. actual expenses, compared results against industry standards, and developed cost reduction strategies.
- Reviewed and analyzed financial statements to identify discrepancies and recommend corrective actions.
- Maintained accurate records of all transactions related to accounts receivable and payable activities.
- Assisted with year-end audit processes by providing requested documents to auditors in a timely manner.
- Participated in monthly forecasting meetings with senior management team members to discuss budget versus actuals results as well as future projections.
Accounts Associate
SJ Accounting Services
New Delhi, Delhi
02.2020 - 09.2020
- Conducted Internal Audits and prepared detailed audit reports, identifying areas for improvement and ensuring adherence to internal controls and policies.
- Prepared detailed audit plans and executed audit procedures to identify risks, assess controls, and validate financial information.
- Collaborated closely with cross-functional teams to gather audit evidence, analyze findings, and recommend process improvements.
- Utilized RCM methodology to streamline internal audit procedures, ensuring comprehensive coverage of key risk areas and alignment with regulatory requirements.
- Acted as a key liaison during external audits, providing support and facilitating the audit process to ensure timely and successful completion.
- Developed budgets, cash flow projections, and cost analyses to support strategic decision-making.
- Stayed abreast of emerging trends, regulations, and best practices in internal auditing to continuously enhance audit methodologies and techniques.
GST Trainee
Ashok Gupta Advocate
Bhiwani, Haryana
03.2019 - 01.2020
- Prepared GST returns, GST registrations and calculations for all types of organizations and entities, including individuals.
Article Assistant
Shyamlal Dadhichi & Associates
Bhiwani, Haryana
08.2014 - 01.2017
- Managed the preparation and finalization of accounts, encompassing tasks such as handling Salary Sheets, Bank Statements, and Sales & Purchase Accounts to ensure accuracy and compliance.
- Initiated and implemented enhancements to key processes, bolstering internal controls and refining accounting procedures to optimize efficiency and effectiveness.
Article Assistant
Anil Puneet & Associate
Panchkula, Haryana
01.2014 - 07.2014
- Formulated and managed annual budgets through meticulous analysis and research, ensuring alignment with organizational objectives and financial constraints.
- Conducted detailed analysis and verification of significant expenditures through rigorous examination and validation of supporting documentation..
- Prepared comprehensive Project Reports and Credit Monitoring Arrangement (CMA) Reports, providing key stakeholders with valuable insights into project viability and financial health.
Article Assistant
Narendra Singhania & Co
10.2013 - 12.2013
- Assignments Handled : Statutory Audit, Internal Audits, Tax Audit, Income Tax Returns, TDS Returns, GST Returns, ROC - Annual Returns, Accounting.
Education
Bachelor of Arts - Psychology
IGNOU
01.2021
CA-Inter -
Institute of Chartered Accountants of India
01.2013
HSC (12th) -
SSC (10th) -
Skills
- Audit Planning, Analysis and Reporting
- Accounting And Bookkeeping
- Strategic Financial Planning
- Expense And Revenue Analysis
- Financial Forecasting
- Audit Assistance
- Direct and Indirect Tax Compliances
- Internal Control Management
- Financial Budgeting
Areas Of Experience
- Accounting operations
- Internal Audit
- Statutory Audit
- Finalization of Financial Statements
- Income Tax and TDS Returns
- Payroll & HR Functions
- Tax Audits and Statutory Audits
- Financial planning
- Indirect Tax Returns (GST returns)
References
References available upon request.
Key Highlights
- Cleared CA-IPCC both groups in FIRST ATTEMPT with 3 Exemptions.
- Exemption in Financial Reporting & Risk Management in CA-FINAL.
Timeline
Finance Associate
Centre For Science Of Student Learning
10.2020 - Current
Accounts Associate
SJ Accounting Services
02.2020 - 09.2020
GST Trainee
Ashok Gupta Advocate
03.2019 - 01.2020
Article Assistant
Shyamlal Dadhichi & Associates
08.2014 - 01.2017
Article Assistant
Anil Puneet & Associate
01.2014 - 07.2014
Article Assistant
Narendra Singhania & Co
10.2013 - 12.2013
Bachelor of Arts - Psychology
IGNOU
CA-Inter -
Institute of Chartered Accountants of India
HSC (12th) -
SSC (10th) -
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