Renish Lakhani
Industrial Trainee
Bengaluru
Summary
Dynamic finance professional with experience at IBM India, skilled in IndAS and financial reporting. Proven track record in preparing comprehensive financial statements. A strong team player with analytical skills, adept at identifying financial patterns and ensuring statutory compliance.
Overview
3
3
years of professional experience
2
2
Languages
Work History
Industrial Trainee
IBM India Private Limited
Bengaluru
04.2024 - Current
- Assisted statutory auditors during statutory audit, providing detailed documentation and clarification on complex accounting issues for IBM India.
- Prepared detailed financial statements including comprehensive Notes to Accounts and first time IndAS Adoption for subsidiaries of IBM group companies.
- Prepared special purpose financial statements and form CAA 10 to facilitate intercompany mergers.
- Ensured smooth transition of financial data for entities acquired by IBM parent companies.
- Performed in-depth financial analysis encompassing Top Party, and Expenses, Trade Receivables and Payables, resulting in identifying patterns and exceptions.
- Identified and prepared disclosures for related parties for IBM India.
- Maintained and reviewed various documents related to financial reporting and statutory audit.
- Prepared various reports to ensure statutory compliance. e.g MSME Payments
- Assisted to prepare Tax Audit report for IBM India.
- Prepared various schedules for deferred revenue and expenses to assist auditors and tax team.
- Assisted in-house tax team providing necessary financial data for direct and indirect tax litigations.
Articled Assistant
Hiten V Shah & Company
Ahmedabad
12.2022 - 03.2024
- Executed comprehensive audits of financial areas including Interest Income, Cash and
Bank, Property, Plant, and Equipment (PPE), Intangible Assets, Accounts Payable, Accounts Receivable and Non-operating Expenses, Conducted rigorous Test of Details on Revenue for client having turnover of more than INR 400 crores. - Assisted in drafting and filing reply to Income Tax Department for show cause and scrutiny notices amounting more than INR 20 crores.
- Prepared and filed ITRs for private limited companies, LLPs, partnerships, HUFs and Individuals.
- Prepared and filed tax audit reports for various clients.
- Conducted stock audits and revenue audits for banks.
- Prepared consultancy assignments for clients e.g Fund flow statement, project life cycle and AMC revenue deferral.
Articled Assistant
Sahni Natrajan & Bahl
Mumbai
06.2022 - 09.2022
- Assisted in internal audit of Payroll and HR department for a listed client.
- Assisted in internal audit of purchase to pay process for an educational trust.
Education
CA Final - Accounting And Finance
The Institute of Chartered Accountants of India
Ahmedabad, India 04.2001 -
CA Intermediate Group 2 - Accounting And Finance
The Institiute Of Chartered Accountants of India
Ahmedabad, India 04.2001 -
CA Intermediate Group 1 - Accounting And Finance
The Institute of Chartered Accountants Of India
Ahmedabad, India 04.2001 -
CA Foundation - Accounting And Finance
The Institute of Chartered Accountants of India
Ahmedabad, India 04.2001 -
Skills
Technical Skills:
- Basic knowledge of SAP ERP
- Strong foundation in IndAs and Financial Reporting
- Good command over Microsoft Excel, Power point and Word
- Basic knowledge of advance tools like SQL and Power Query
Soft Skills:
- Team Player
- Analytical skills
- Problem solving attitude
Timeline
Industrial Trainee
IBM India Private Limited
04.2024 - Current
Articled Assistant
Hiten V Shah & Company
12.2022 - 03.2024
Articled Assistant
Sahni Natrajan & Bahl
06.2022 - 09.2022
CA Final - Accounting And Finance
The Institute of Chartered Accountants of India
04.2001 -
CA Intermediate Group 2 - Accounting And Finance
The Institiute Of Chartered Accountants of India
04.2001 -
CA Intermediate Group 1 - Accounting And Finance
The Institute of Chartered Accountants Of India
04.2001 -
CA Foundation - Accounting And Finance
The Institute of Chartered Accountants of India
04.2001 -
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