Reshma Nair Pappully

Key Projects & Responsibilities

1. Statutory Audit – Trading & Marketing (Edible Oils & Fats Industry)

· Led and executed statutory audits, ensuring compliance with regulatory standards and providing accurate standards.

· Planned and conducted risk assessments, formulating audit strategies for key focus areas.

· Reviewed work of team members and coached juniors.

· Delivered variance analysis, financial reports, and audit deliverables within strict deadlines.

· Conducted walkthroughs and assessed internal controls, recommending improvements.

2. Statutory Audit – Specialty Minerals Trading Company

· Led a 5-member team for a statutory audit, developing testing strategies and reviewing financial statements.

· Ensured accurate financial reporting by applying appropriate accounting treatments.

· Evaluated business processes, identified control gaps, and recommended actionable improvements.

· Coordinated with clients and external auditor experts to ensure on-time deliverables.

· Finalising and preparation of audit deliverables by outlining the audit findings and responsibilities for disclosure as per the standards.

· Received recognition for efficiently managing the engagement as a first-time reviewer.

3. Limited Review Engagement – NIFTY 50 Pharmaceutical Company

· Conducted variance analysis of major profit and loss account balances across multiple quarters.

4. Special Purpose Audit – Blackstone-Acquired Healthcare Company (Turnover: INR 3,900+ Cr)’

· Executed FSLI’s - Fixed Assets, Capital Work in Progress, Inventory, and Professional Fees.

· Performed detailed walkthroughs to understand business processes and document process controls.

· Coached and reviewed work of junior team members, ensuring quality and accuracy.

· Delivered within stringent deadlines while ensuring compliance with standards.

5. Statutory Audit – IT-Enabled Service-Based Companies (Period ended - March 31st, 2025)

· Developed and executed audit strategy for first-year audit engagements as well as continuing engagements.

· Conducted assessments of complex areas such as payroll costs and major operating expenses.

· Identified risks and developed mitigation strategies for enhanced compliance.

• Conducted audits for listed entities, group reporting engagements, specified procedures engagements and statutory audits of various cost-plus, trading and service-based companies
• Gained expertise in business process understanding, standard operating procedures for audit of internal financial controls of a top global company
• Trained and reviewed work of peers and new senior team members on audit procedures of a NYSE listed company within the first year of articleship enhancing team efficiency and knowledge transfer
• Conducted audit planning for first-year client, independently formulating and executing testing strategies
• Performed thorough walkthroughs and documented new controls implemented as a trainee for NYSE listed company collaborating with PwC US