Shruti Jain
Chartered Accountant
Mumbai,
Summary
Qualified Chartered Accountant with 7+ years of experience in manufacturing and service industry. Hands on experience in preparation of financial statements and application of IND AS and IFRS 15. Aiming to bring a versatile portfolio of skills at workplace and to serve the organization with positive attitude and efficiency.
Overview
10
10
years of professional experience
Work History
Manager, Revenue Assurance
Cactus Communications Private Limited
7 2021 - Current
- Study and implementation of IFRS 15 - Revenue from Contract with Customers for one of the entity
- Part of team for implementation of IND AS for Consolidated Financial Reporting for holding company.
- Streamlining revenue accounting and setting process for newly acquired company and products launched by company
- Responsible for completion of Interim/Statutory Audit for 9 Entities and Due Diligence of Accounts Receivables/Revenue for the company.
- MIS reporting for revenue, collections, receivables and advances
- Assisting in preparation of revenue projections for internally generated assets for the purpose of audit
- Review of client contracts to ensure accurate revenue recognition, internal process alignment and mitigation of revenue leakage risks
- Setting up process for reconciliations, provision for bad and doubtful debts, balance confirmation from clients
- Managing and mentoring Revenue Assurance team to achieve Companies goals
- Partnering with people within and outside finance to streamline internal processes to strengthen internal controls and maintain accuracy of financial data
- Rewarded with Quarterly and Annual award for Delivery Champion of CACTUS
Deputy Manager
Grasim Industries Limited
09.2014 - 09.2018
- Implementation of Indian Accounting Standards (IND AS)
- Study of IND AS for its implementation and analysing its major impact on the company
- Preparation of Consolidated Opening Balance Sheet as per IND AS
- Preparation and Finalisation of Consolidated Annual Accounts and Quarterly Published Results in compliance with statutory guidelines and IGAAP
- Preparation of Quarterly Audit Committee Presentation in compliance with all the requirements of The Companies Act, 2013
- Analysis of Standalone financials of respective units to ensure financial accuracy
- Compiling data to be submitted to seek approval of CCI for Merger of Grasim Industries Limited & Aditya Birla Nuvo Limited
- Valuation of Joint Ventures for impairment testing
- Preparation of monthly presentation for the Chairman for updates on each business performance
- Assisted in preparation of Board Presentation and allied documents
Education
Chartered Accountant -
Institute of Chartered Accountants of India
B.Com - undefined
University of Jammu
Skills
Microsoft Office
Strong Communication Skills
Time Management
Ability to Work in Team
Leadership
Problem Solving Ability
Timeline
Deputy Manager
Grasim Industries Limited
09.2014 - 09.2018
Manager, Revenue Assurance
Cactus Communications Private Limited
7 2021 - Current
Chartered Accountant -
Institute of Chartered Accountants of India
B.Com - undefined
University of Jammu