Manika Kathpalia
Chartered Accountant
11/113 1st Floor Geeta Colony Delhi
Summary
Chartered Accountant qualified in July'21, currently working with Deloitte AERS Private Limited. Recently promoted to the role of Audit Manager, specialized in serving the Investment management industry with major experience on Private equity funds based out of US. Efficiency-driven, proactive, with a strong work ethic and strong attention to detail.
Overview
10
10
years of professional experience
13
13
years of post-secondary education
Work History
Audit Senior
Deloitte AERS Private Limited
6 2021 - Current
- Conducted detailed analyses of monthly, quarterly, and annual financial and operational information to identify trends and fluctuations, by performing analytical procedures to gain insight into Fund's overall performance and financial position, crucial for auditing financial statements.
- Specialized in auditing Private Equity funds, adhering to AICPA auditing standards and Deloitte methodology, including but not limited to capital contribution/distribution testing, management fee testing in accordance with Limited Partnership Agreement (LPA) terms, testing of capital commitments & uncalled capital commitments at the investor level, transaction testing for purchase/sale of investments, cash testing, etc.
- Executed audit procedures for Investment valuations, including Level 3 valuation using market and income approach. Reviewed quarterly funds reports to evaluate performance of portfolio companies.
- Reviewed draft financial statements of Funds to ensure they are prepared in accordance with US GAAP standards.
- Collaborated closely with managers and partners in audit procedures from planning, execution to finalization of audit assignments.
- Demonstrated leadership capabilities as Lead Senior on multiple engagements, overseeing and mentoring 10+ audit staff and seniors. Actively contributed to their professional development and fostered team building initiatives.
- Coach to multiple coachees from different industries, supporting their professional growth and success along their career path.
Senior Audit Assistant
Deloitte AERS Private Limited
01.2021 - 05.2021
- Performed and in-charged end to end audits from planning to completion including audit scope, determining materiality, analysis of data, identifying issues and drawing informed decisions meeting accounting, reporting and disbursement requirements.
- Performed External confirmation control (ECC) for numerous investments for various funds.
- Extensive experience in Investment testing, Revenue testing, cash testing and Accounts payable testing.
Audit Fixed Term Hire (FTH)
Deloitte AERS Private Limited
11.2019 - 03.2020
- Performed Tie-outs of various components of financial statements ensuring mathematical accuracy and internal consistency within financial statements.
- Executed and delivered audit working papers for various areas like audit of options, futures, reverse repo on timely basis efficiently and effectively under US GAAP for leading Mutual Fund client based in Boston, US.
Industrial Trainee
Coca-Cola India Pvt. Ltd.
03.2016 - 03.2017
- Prepared monthly profit and loss account and analyzed variances. Prepared monthly metrics in power point for India and South West Asia business group providing trend analysis for last six months and reasons thereof for discrepancies or variances observed in various areas such as accounts payable, accounts receivable, fixed assets etc.
Article Assistant
Mazars Advisory Pvt. Ltd.
03.2014 - 03.2016
- As an article assistant (part of CA Curriculum), conducted internal audit tests across payroll, fixed assets, procurement, and revenue areas.
Education
Chartered Accountant -
Institute of Chartered Accountants of India
New Delhi 05.2013 - 07.2021
Bachelor of Commerce -
Delhi University
New Delhi, India 05.2012 - 05.2015
High School Diploma -
Convent of Jesus And Mary
New Delhi, India 03.2010 - 03.2012
Skills
MS office (MS Excel, MS Outlook, MS PowerPoint)
Awards and recognitions
- Outstanding Performance Award (September 2023), Applause Award (February 2023 & April 2022) and Spot Award (May 2021).
- High Flyer award on achieving the highest utilization on our engagements during the third quarter of FY21.
Strengths
Multi Tasking | Managing projects across time zones | Team player | Positive approach
Interest
Cooking | Dancing | Travelling
Timeline
Senior Audit Assistant
Deloitte AERS Private Limited
01.2021 - 05.2021
Audit Fixed Term Hire (FTH)
Deloitte AERS Private Limited
11.2019 - 03.2020
Industrial Trainee
Coca-Cola India Pvt. Ltd.
03.2016 - 03.2017
Article Assistant
Mazars Advisory Pvt. Ltd.
03.2014 - 03.2016
Chartered Accountant -
Institute of Chartered Accountants of India
05.2013 - 07.2021
Bachelor of Commerce -
Delhi University
05.2012 - 05.2015
High School Diploma -
Convent of Jesus And Mary
03.2010 - 03.2012
Audit Senior
Deloitte AERS Private Limited
6 2021 - Current
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