SHREYA SANGHI
NOIDA
Summary
Audit & Assurance Manager with significant experience at Deloitte & Touché, specializing in financial reporting and regulatory compliance. Demonstrated ability to mentor teams and improve audit processes, resulting in enhanced efficiency and quality. Expertise in data analysis and client management, consistently delivering results for a diverse client base while maintaining PCAOB and AICPA compliance.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Audit & Assurance Manager
Deloitte & Touché AERS India PVT. LTD.
02.2021 - Current
- Conducting audits of financial statements of public (SEC filers) and private companies in accordance with the auditing standards of the PCAOB and AICPA respectively including audits of the company’s internal control over financial reporting.
- Managing a portfolio consisting of around 3-4 clients with different sets of team members for each client engagement.
- Overseeing the work performed by Audit Seniors and other junior team members and perform primary reviews of different audit areas on all the engagements.
- Mentoring and coaching the team members on various audit areas.
- Facilitating various classroom trainings for peers, Audit Seniors and Audit staff and conducting client-specific learning sessions within the teams.
- Act as a counselor/coach for junior colleagues providing career advice & guidance and help them navigate and chart their path of success in the organization.
- As a cluster member, comprising of about 20-25 professionals within the LSHC sector and perform various activities which include convening leadership connects and senior & staff level connects, monitoring Hours Per Person targets for my team members, checking compliance of professionals to firm’s Time & Expense related rules.
- Led communication with Client related to project goals and timings and ensured all team queries are resolved in real time.
- Specific areas of audit which I have been involved in include the following: Audit planning including understanding the entities, drafting engagement letters, assessing risk and planning audit responses and identification of account balances which are material to the audits.
- Performing account specific procedures (substantive testing) to address assertion level risks in various areas including Cash, Accounts Receivable, Property, Plant and Equipment, Investments, Accounts Payable and Accrued Liabilities, Debts, Legal/ Environmental Liabilities, Revenue, Operating Expenses (including Clinical R&D accruals/ prepaids), Cost of Sales, etc.
- Performing non-account specific procedures to address financial statement risks such as Journal Entry Testing.
- Reporting and Concluding sections including preparation/review of audit summary memorandums, management representation letters, financial statement tie-outs, concluding analytical procedures, drafting audit opinion, communications to the audit committee/ TCWG, performing cold-read on draft financial statements etc.
- Review of reporting/disclosure checklists to verify that the disclosures within the financial statements are in accordance with the requirements of U.S. GAAP and the Securities Exchange Commission.
- Extensive involvement in engagement economics and staffing including identification of staffing needs and coordination with project staffing teams to set up audit/project teams, determination of ETCs for different projects, establishing key milestones and deadlines for projects and ensuring accomplishment of tasks per the set milestones/deadlines, comparing & analyzing budgeted vs. actual hours’ data on projects for time and expense reporting purposes.
- Clients served include: Sight Sciences, Inc., Eledon Pharmaceuticals, Inc., Wells Fargo Bank, Mutual of Omaha, Minerva Neurosciences, Inc., Quantum-Si, SpyGlass Pharma, Inc., SensorTower Inc, Lassen Therapeutics, Exthera Medical Corporation, Inc., Nalu Medical, Inc., Clarify Health Solutions, Omnicell Inc., Tenaya Therapeutics, Applied Molecular Transport, Inc.
Senior Executive
Mazars India (S.N. Dhawan & Co. LLP)
07.2020 - 01.2021
- Executed statutory audits, including planning and reviewing financial statements in accordance with Revised Schedule VI, reporting under CARO requirements, prepared Management Representation Letters (MRLs), and recommended system improvements.
- Performed variance analysis using SAP for various Financial Statement Line Items (FSLIs).
- Conducted tax computation analysis for allowances and disallowances.
- Reviewed Tax Audit Reports and Transfer Pricing documentation to ensure compliance with the Income Tax Act, 1961 and executed stock audits.
- Clients served include: Sapient Consulting Private Limited/ Publicis Group, Thales India Private Limited, Luthra and Luthra (law firm), C2FO India, Nice Interactive Solutions Private Limited, Aloft Hotels (Urban Edge Hotels Private Limited), Haier Appliances (India) Private Limited, Egis India Consulting Engineers Pvt. Ltd, Schweitzer Engineering Laboratories Private Limited.
Associate Consultant
VKHS & Associates
12.2014 - 08.2015
- Preparing and E-filling of Income tax, TDS, Service Tax, Sales Tax return for corporate, trusts, firms and non-corporate clients.
- E-filling of MCA/ROC returns.
- Physical Verification of cash, Stock and related records, Ledger items wise detailed scrutiny, Preparation of Financial Statements and the accompanying schedules/annexure, Compilation & preparation of DVAT Scrutiny case file for presenting to the VATO, conducted statutory/ internal audits of various corporate/non-corporate clients as a team leader/member.
Education
Chartered Accountancy -
ICAI
05.2019
Bachelors in commerce (Hons.) -
Delhi University
01.2013
Higher Secondary -
Delhi Public School, Mathura Road
01.2010
Secondary -
Delhi Public School, Mathura Road
01.2008
Skills
- Audit & Assurance
- Controls Testing
- Project management
- Data analysis
- Team leadership
- Performance evaluation
- Variance analysis
- Quality assurance
- Resource allocation
- Cross-functional teamwork
- Financial records oversight
- Coaching and mentoring
- Trend analysis
- Key performance indicators
- Accounting
- Taxation
- Engagement economics
- Staffing
Certification
- Mastery level of certification in Deloitte Faculty Excellence
- Controls Testing Tool for assessing control design and performance
Awards
Various awards for delivering exceptional client service and outstanding value to clients
Timeline
Audit & Assurance Manager
Deloitte & Touché AERS India PVT. LTD.
02.2021 - Current
Senior Executive
Mazars India (S.N. Dhawan & Co. LLP)
07.2020 - 01.2021
Associate Consultant
VKHS & Associates
12.2014 - 08.2015
Chartered Accountancy -
ICAI
Bachelors in commerce (Hons.) -
Delhi University
Higher Secondary -
Delhi Public School, Mathura Road
Secondary -
Delhi Public School, Mathura Road
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