CA PRIYANKA RASTOGI
A Chartered Accountant With More Than 8 Years Of Professional Experience In Statutory Audit, Internal Audit, Taxation, Auditing, GST, IFRS & IND AS
Kanpur
Summary
Experienced Chartered Accountant with more than 8 years of post qualification professional expertise in managing Manufacturing, Software & IT, Retailing Industry clients with knowledge of IND AS, US GAAP, IFRS, GST, Internal Financial Controls Reporting,Standards on Internal Auditing, Taxation and conducting Statutory Audits & Internal Audits.
An articulate and confident person, I look to effectively contribute to the growth of any organization where my knowledge and potentials are optimally utilized and provides me learning and growth opportunities, challenging roles and good job satisfaction in line with my personal development.
Overview
10
10
years of professional experience
11
11
years of post-secondary education
1
1
Language
Work History
Chartered Accountant
Durga Manufacturing Co.
Kanpur
03.2018 - 03.2022
- Industry – Manufacturing Industry – Heating, ventilation, Air conditioning (HVAC)
- Prepared a Project Report for the organization to obtain a Term loan for INR 200 lakhs for setting up a new manufacturing unit.
- Liaise in filing of Income Tax returns, TDS returns, Monthly GST returns and its reconciliation, facilitating in Tax Audit, reconciliation of accounts, Conducting monthly Inventory Checks, Evaluation of Product wise costing.
- Drafting processes, policies, procedures, flowcharts and preparing work instructions for respective departments.
- Reviewed operational efficiencies within departments and suggested methods of improvement.
- Designing and implementing Internal Controls Framework within the organization.
- .Preparation of Provisional and Estimated Balance Sheets for working capital requirements.
- Working knowledge of various Government Portals like Income Tax, GST, E- Way Bill System, MCA 21, TRACES, EPF, ESIC and other ROC filings.
Internal Auditor
Ocwen Financial Solutions Private Limited
Mumbai
11.2016 - 10.2017
- Industry - Financial Services – Mortgage Servicing Industry
- Assisting Internal Audit Senior Management team in Annual Risk Assessment exercise for building annual audit plan for various departments across organization.
- Independently managing end to end business process audits and integrated Information Technology (IT)audits of various business units/departments in accordance with the Standards for Professional Practice of Internal Auditing as defined by the IIA.
- Responsible for managing and mentoring a team of 3-4 personnel for multiple audit assignments.
- Understanding Ocwen’s business processes, audit methodology and report writing skills
- Performing timely review of work assigned and provide constructive feedback to audit staff
- 'Planning' the course of audit comprising of preparing and documenting audit scope, audit programs, walkthrough of entire business processes, assessing process risks, identifying the design of controls, and drafting testing procedures (Risk & Control Matrix)
- Conducting 'Audit fieldwork’ including testing of controls, design and effectiveness of controls, identification of control weakness and root cause, discussion of preliminary audit observations with the business unit, its impact & assessment, developing written summaries of audit findings with recommendations to obtain business unit concurrence and remediation plan.
- Audit ‘reporting’ including drafting of Internal audit reports & conduct meeting with auditee senior management business unit to obtain formal management action plan on the audit observations.
- Performing validation of Management Action Plan of open audit issues and presenting it to Ocwen's Audit Committee for formal closure.
- Comprehensive audit documentation in Ocwen's Audit tool “Team Mate”
Assistant Manager
Deloitte Haskins & Sells
Bangalore
08.2014 - 07.2016
- Industry – Audit, Consulting, Financial & Risk Advisory, Tax and Legal Services Industry
- Understanding client’s Business, its related controls, information systems, audit risks, evaluation and documentation of controls and procedures from the start till the stage of finalization of the audit engagement.
- Planning the Audit strategy timetable with the management before the commencement of the audit to meet deadlines
- Acted as a Team Senior and lead the team in various assignments and handled major Audit areas like Revenue, Payroll, Fixed Assets, Inventory, Inter-company transactions, Purchase, Borrowings, Receivables, Payables, etc. within the agreed timeframe.
- Drafting of Group Instructions Deliverable documents as per Agreed upon Procedures (AUP) received from the Holding Companies for full scope and Limited scope audit engagements,
- Preparation of Audit reports, CARO 2020 Report, Tax Audit Reports as per Form 3CD requirements, IFCoFR (Internal Financial Controls over Financial Reporting) Reports, Audit summary memos during audit finalization.
- Referral Audit exposure of Deloitte US, UK and Hong Kong based clients along with the relevant applicability of the statutes.
- Evaluation of compliance with IND AS and Schedule III requirements during Amalgamation of one client business with another in one of the audit assignments
- Ensuring compliance with Companies Act, 2013, IND AS, CARO 2020, Schedule III,IFRS, IGAAP, US GAAP for various clients.
- Identifying and discussing the accounting and auditing issues with the engagement team members and advising client management by providing best options for resolution.
- Industry Experience ranges from Manufacturing, Software & Information Technology, Animation & Gaming & Retailing Industry for clients like LinkedIn, EverReady Batteries,TESCO, Yuken India, Technicolor,Ocwen Financial Solutions, FESTO, NI Systems, etc.
Article Assistant
R.Mohla & Co, Chartered Accountants
Kanpur
07.2008 - 01.2012
- Conducted statutory audits, Internal audits, Stock audits of various clients such as Ghadi Detergents -RSPL Surfactants Pvt Ltd., Red Chief Shoes, Namaste India.
- Working as a team member across various audits and varied sectors and industries.
- Rich experience in diverse areas such as FMCG, tobacco, Oil and vanaspati, Bus Service agencies, Hotel Industry of 50+ clients.
- Preparation of meeting minutes and Board minutes and general meetings.
- Preparation of Tax Audit Reports along with FORM 3CB, FORM 3CD and related annexures, e-filing of ITR's for individuals, partnership firms, LLP and Companies.
Education
GST Certification Course - Goods & Service Tax
The Institute of Chartered Accountant of India
New Delhi 01.2021 - 04.2021
Associate Chartered Accountant (ACA) - Financial Management,Taxation, Auditing, Law, Cost
The Institute of Chartered Accountants of India
Kanpur 07.2008 - 05.2014
Bachelor's in Commerce - Accounting, Audit, Tax, Law, Cost Management
Christ Church College(C.SJ.M University)
Kanpur 04.2008 - 03.2011
Higher Secondary Certificate -
Methodist High School
Kanpur 04.2007 - 03.2008
High School Diploma -
Methodist High School
Kanpur 04.2005 - 03.2006
Skills
Audit Documentation Softwares like Tally, Deloitte Audit, Team Mate, MDA and ITR Software
undefinedAffiliations
Extensive Professional Trainings & Seminars attended in Deloitte for professional growth such as Internal Financial Controls Over Financial Reporting (IFCoFR), Indian Accounting Standards (Ind AS), International Financial Reporting Standards (IFRS), US GAAP, and Engagement Team based E-learnings, Group Audits and Special Audits.
Accomplishments
> Received an 'Appreciation Certificate' from Chairman, GST & Indirect Tax Committee for Certificate Course on GST conducted by ICAI, Delhi in 2021.
> Prepared a Project report for obtaining a loan of INR 200 Lakhs for setting up a new manufacturing unit setup in Durga Manufacturing Co.in 2021.
> Awarded as a 'Rising Star Performer' for Customer Service Excellence in Ocwen for Team's Success in 2017.
> Awarded under 'Individual Performance', 'Team Management' and 'Spot' Award categories during the same audit calender year in Ocwen's web based portal for quality and consistent performance in 2017.
> Acknowledged as an 'outstanding performer' for various Audit Engagements in Deloitte and awarded with ' Star of the Quarter' and received 'Leadership Award' in 2015 and 2016 on Deloitte's Annual Day each year.
> Awarded Certificate of Merit on securing All India Rank 40th in CA PCC - Intermediate Examinations.
Timeline
GST Certification Course - Goods & Service Tax
The Institute of Chartered Accountant of India
01.2021 - 04.2021
Chartered Accountant
Durga Manufacturing Co.
03.2018 - 03.2022
Internal Auditor
Ocwen Financial Solutions Private Limited
11.2016 - 10.2017
Assistant Manager
Deloitte Haskins & Sells
08.2014 - 07.2016
Associate Chartered Accountant (ACA) - Financial Management,Taxation, Auditing, Law, Cost
The Institute of Chartered Accountants of India
07.2008 - 05.2014
Article Assistant
R.Mohla & Co, Chartered Accountants
07.2008 - 01.2012
Bachelor's in Commerce - Accounting, Audit, Tax, Law, Cost Management
Christ Church College(C.SJ.M University)
04.2008 - 03.2011
Higher Secondary Certificate -
Methodist High School
04.2007 - 03.2008
High School Diploma -
Methodist High School
04.2005 - 03.2006
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