RITIKA JAIN

• Prepared financial statements (standalone and consolidated) on quarterly and annual basis for reporting and ensure compliances as per Companies Act and group reporting.
• Ensured smooth process of quarterly and year-end audit with statutory auditors.
• Prepared working and accounting of key financial accruals and provisions such as Variable pay provision, MTM on forward contracts, booking of ESOP expense on monthly basis.
• Monthly review with other teams such as account receivables, account payables, treasury team and revenue teams to review trial balance, reviewing reconciliation of various schedules with trial balance and taking appropriate actions for long outstanding items and any discrepancies if any found.
• Prepared and submitted various schedule to holding company for their consolidation.
• Prepared financials of subsidiaries and branches as per local GAAP and getting them audited from local country auditors.
• Established robust financial planning processes that aligned short-term goals with long-term business objectives .
• Streamlined month-end closing process by automating tasks and establishing clear deadlines.
• Improved overall financial reporting by streamlining control processes and reporting structures.

Worked as a team leader and handled the following areas:

• Handled Financial Statements, tested the design and implementation of internal control systems of the client including understanding and documenting clients accounting processes.

• Assisted in finalization of Accounts, Financial Reporting as per IGAAP and Ind-AS and their disclosures.

Major clients handled:

1. R Systems International Limited (Software Industry) – Listed Entity - Statutory Audit and Limited Review

2. Paayas Milk Producer Company Limited (Consumer based) – Statutory Audit

3. NDDB Dairy Services (Consumer based) – GST Audit

Worked as a team member and handled the following areas:

Assisted in finalisation of Ind-AS financial statements

• Assisted in testing and finalisation of Noted to accounts of Consolidated Financial Statements

• Analysis of revenue with the understanding of their process flows, revenue recognition, trend analysis, cutoffs procedures etc.

Major clients handled:

1. Zensar Technologies Limited (Software Industry) – Listed Entity - Statutory Audit and Limited Review

2. Carraro India Private Limited (Manufacturing) - Statutory Audit

Audit Support

• Preparation of Financials for Statutory Audit.

• Preparation of Audit Schedules for Statutory Audit.

• Reconciliation of various Balance Sheet and Profit & Loss A/c areas which includes Statutory Liability, Sales Register, Fixed Assets Register.

• Compliance with requirement of schedule III of the Companies Act, 2013, Accounting Standards and Taxation
• Finalization of Financial Statements.
• Performed analytical procedures w.r.t. fixed assets including depreciation analysis, Revenue, Other assets and liabilities, Operating Expenses