Prashant Basoya
New Delhi
Summary
Dynamic Audit professional with 3 years of experience in audit, adept in financial reporting and Microsoft Excel. Proven track record in executing complex audit cycles, ensuring compliance with IFRS, and mentoring junior staff. Recognized for achieving 100% accuracy in financial statement reconciliations and enhancing client relationships through effective communication.
Overview
5
5
years of professional experience
Work History
Lead Associate
EY
Gurgaon
09.2024 - Current
- Collaborated with corporate clients with $200M+ net worth in the US for complete audit cycles.
- Hands on experience in Energy Sector clients such as Sibanye still water mining, Scout energy partners, Bounty Minerals and Natural Resource Partners.
- Developed and maintained relationships with onshore and clients by leading communication with them.
- Applied knowledge in audit areas such as Debt, Cash, PPE, and Trade Payables and Accruals.
- Well-versed with IFRS framework for reporting.
- Executed Substantive testing for 3+ complex account heads ensuring zero margin errors against materiality threshold.
- Supported 2+ audit engagements, overseeing completion of the entire audit cycle in 4-5 months.
- Utilized experience on accounting internships to evaluate Trial Balances for multiple entities.
- Empowered junior colleagues by providing instruction on Microsoft tools and workpaper documentation, ensuring accurate financial statement reviews.
Audit and Accounting Trainee
Narendra Singhania & Co
New Delhi
09.2023 - 09.2024
- Conducted statutory audit ensuring compliance with regulatory standards and accounting principles.
- Finalized balance sheets and P&L for multiple entities in accordance with relevant accounting standards.
- Streamlined accounts payable processes for 5+ clients on daily ensuring timely payments and compliance.
- Reconciled vendor statements and analysed variances to provide insights to management.
- Assisted in the preparation of quarterly and annual reports.
- Reconciled 3+ FS captions with 100% Accuracy and analysed the variances.
Audit Associate
KPMG Global Services
04.2021 - 08.2021
- Conducting risk assessments, testing & control evaluations, along with financial report verification in line with IFRS & Evaluating adequacy & effectiveness of controls related to risks involved in relevant business areas.
- Reviewing FS for 3+ clients to ensure that adequate disclosures made in accordance with IFRS/ISA.
- Assisted seniors during client calls and functioned as direct point of contact for onshore.
- Performed complicated sampling for 3+ FS captions.
Education
ACCA -
Association of Chartered Certified Accountants
03-2026
B.COM -
Shaheed Bhagat Singh College, University of Delhi
07-2019
Skills
- Microsoft Excel and Word
- Financial reporting
- Tally ERP
Timeline
Lead Associate
EY
09.2024 - Current
Audit and Accounting Trainee
Narendra Singhania & Co
09.2023 - 09.2024
Audit Associate
KPMG Global Services
04.2021 - 08.2021
ACCA -
Association of Chartered Certified Accountants
B.COM -
Shaheed Bhagat Singh College, University of Delhi