Ravi Navarkhele

Audit Senior

Sastakar Vaidya & Co

06.2018 - 02.2019

Led and carried out 45-50 audit engagements over the period of 5+Years (on site & offsite), including Statutory Audits (AS and IND AS), HB Audits, Tax Audits, Limited Reviews, and Agreed Upon Procedures (AUP).These were for Indian subsidiaries /PE of German companies in sectors like Manufacturing, Trading, and Services, including cost-plus models, for companies with turnovers between INR 1 Crore and INR 800 Crores
Led audit teams of 20-25 members over the period of 5+Years, which included Chartered Accountants, semi-qualified professionals, and Article Assistants. I have provided both on-site and off-site guidance and reviews to ensure compliance with audit standards, maintain quality control, and facilitate efficient execution
Possess strong expertise in audit documentation, having earned an 'A' grade twice (2016 &2021) during peer reviews for upholding high standards in audit work papers and reporting
Advanced proficiency in Excel, with practical experience in creating 15-20 audit work papers, data analysis templates, and sampling templates
Led and Performed 20-25 physical verification of inventories for up to inventory of INR 250 Crores with a team of up to 7 members over the period of 8+ Years
2+ Years of Experience in evaluating the Risk Control Matrix (RCM), pinpointing weaknesses and suggesting enhancements to improve controls
2+ Years of Experience in Certification work required to apply to various authorities such as MCA, NSDL, Tamil Nadu Govt
8+Years of experience in various critical audit areas including Inventory Valuation, Fixed Assets/CWIP, Revenue Recognition (all models), Purchases / Consumption, Trade Receivables Payables, Borrowings, Payroll, GST, and Statutory Dues, etc
Conducted Staff Training on 12+Topics such as Risk based audit, Optimization of MS Office, Physical verification of inventory, Audit Sampling, Inventory Valuation, Control Testing, Substantive audit procedures for various components of financial statements like Purchase, Sales, Expenses, Fixed Assets, Trade Payables, Trade Receivables, etc.

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