RIYA VIRWANI

Company Overview: Working for Irish & UK Clients

• Expertise in managing the full audit lifecycle from planning to final reporting for UK & Irish entities, ensuring compliance with UK & Irish GAAP, FRS 102, and IFRS
• Effectively leads and mentors a team of 6 audit professionals, driving performance and supporting the development of junior staff
• Proficient in audits involving large group structures and consolidated financial statements
• Deep domain knowledge in sectors such as Hospitality, Construction, Charities, ICAVs (Irish Collective Asset-management Vehicles) and Healthcare
• Actively liaises with clients, partners, managers, and Responsible Individuals (RIs), ensuring smooth communication and audit execution
• Prepares detailed audit planning documentation and checklists, and coordinates planning meetings with clients and RIs
• Manages client correspondence and leads discussions throughout audit planning and completion stages
• Independently represents offshore firms during Institute and external file reviews, maintaining high-quality audit documentation
• Ensures adherence to International Standards on Auditing (ISAs), ethical guidelines, and audit independence requirements
• Known for introducing process improvements that enhance audit efficiency and reduce turnaround times
• Working for Irish & UK Clients
• Well versed with Caseware, PCAS, Omnipro, CCH, IRIS, Bright accounts production, Xero, Quickbooks.

• Prepared and reviewed financial statements for various entities including limited companies, partnerships, sole traders, and charities, ensuring full compliance with UK GAAP, FRS 102, and SORP
• Managed the complete audit process, including planning documentation, audit testing (sales, purchases, payroll, bank, cut-off), materiality calculations, and finalization of standalone and consolidated group accounts
• Performed detailed analytical reviews, risk assessments, going concern evaluations, gross profit analysis, and post-balance sheet event reviews to support audit conclusions
• Engaged in complex technical accounting areas such as fair value adjustments, consolidation of subsidiaries, and disclosure requirements for share-based payments and group structures
• Conducted charity audits and independent examinations, filed accounts with HMRC and the Charity Commission, and delivered training sessions to junior staff on audit and accounting practices
• Delivered training sessions to staff on both audit and accounting practices

• Coordinated and gathered data from various business groups within the bank for analysis and reporting
• Reviewed and analyzed collected data to ensure compliance with RBI guidelines
• Assessed internal processes and policies adopted by the bank, verifying their effective implementation
• Monitored the bank's risk exposure to ensure alignment with approved risk-taking parameters
• Developed and maintained internal databases and prepared analytical reports based on data reviews
• Drafted and reviewed notes for the Compliance Committee and Audit Committee, and presented findings to the respective committees
• Prepared MIS reports and other documentation for presentation to senior management

• Independently managed end-to-end GST processes for the group, including post-transition implementation, monthly reconciliations, documentation, and direct coordination with tax and legal authorities
• Developed and maintained tax accounting systems, ensured internal control compliance, and supported intercompany tax planning aligned with regulatory requirements
• Led financial audit processes, handled preparation of monthly and annual accounts, and contributed to planning, budgeting, forecasting, and MIS reporting
• Produced audit reports with actionable recommendations, monitored accruals and advances, and supported business decisions on acquisitions and risk mitigation
• Managed cost center accounting, prepared monthly cost center reports, allocated expenses by branch, and advised management on credit policies and process improvements
• Taxation, Audit & Advisory

• Led a team of Chartered Accountants and article assistants in conducting statutory and tax audits, drafting audit reports, proposing adjustments, and finalizing standalone and consolidated financial statements
• Delivered end-to-end audit execution including due diligence, internal audits, documentation of audit procedures, and communication of findings to clients and senior stakeholders
• Managed direct and indirect tax compliance — from return filing to scrutiny cases — and provided advisory on GST transition for multiple clients during the implementation phase
• Oversaw company law matters including incorporation, annual filing compliances, and board-level reporting
• Ensured RBI regulatory compliance for overseas investments (ODI/FDI) by handling filings like FC-GPR, FC-TRS, and coordinating with AD Banks and authorities
• Related Key Software: Microsoft Office (Excel, PowerPoint, Word); Income Tax Software – Easyoffice, Saral Taxoffice, Saral TDS, Computax, Kitret