Subramanyam Sharma
Chartered Accountant
Hyderabad,TG
Summary
Chartered Accountant, with close to 8 years of experience (including 3 years internship in Chartered accountancy firm) in serving clients in Health Care and Life Sciences, Insurance, Real Estate, Information Technology, Banking and Consumer Retail. I have served a variety of audit clients, both public and non-public entities, as part of my client portfolio. My tenure so far included, managing external audit engagements, leading the team for Statutory Audit, reviewing internal controls and substantive testing.
Overview
9
9
years of professional experience
4
4
Languages
Work History
Audit Senior
Deloitte
10.2020 - Current
- Leading external audit engagements in order to achieve audit objectives, expressing opinion on the financial statements including internal controls
- Reviewing the substantive test of detail including analytical procedures performed by audit professionals to ensure that the audit work performed is of high quality and in accordance with the applicable accounting and auditing standards
- Providing regular feedback to audit professionals to enhance the quality of work and to facilitate their professional development ensuring that their well-being is maintained at the same time
- Have experience on working on multiple areas
- Planning Procedures including risk assessment
- Investment testing including NAV Testing
- Debt testing
- Revenue Testing under ASC-606
- Journal entry testing to address risk of management override of controls
- Strengthened internal controls by evaluating the effectiveness of existing policies and recommending improvements where necessary.
- Managed multiple engagements simultaneously, prioritizing tasks effectively to meet client deadlines consistently.
- Valuation Testing
- Cash flow testing and
- Accounts receivable and payable testing.
Senior Associate
BDO India LLP
03.2019 - 10.2020
- Managing a team of semi-qualified CAs and interns for overseeing the assignments in Accounting Advisory Services, Statutory Audit, Audit of Internal Financial Controls, for companies operating in Software Sector, e-Commerce, Pharmaceutical Sector, Engineering Manufacturing Sector
- I have been a part of the following assignments: Implementation of US GAAP – ASC606 & ASC 605 for Revenue recognition and Contracts review
- Lead a team in handling various aspects like Contract identification, Contract review & Modification accounting
- Review of the work done by team
- Transition of revenue under US GAAP
- Lead a team of six for transition from ASC605 to ASC606 for Transport Intelligence Industry
- Dealt with complex issues such as combining contracts, modification accounting, warranty provisions etc
- Preparation of IND AS financials and IGAAP financials.
- Developed comprehensive training programs, resulting in improved employee skillsets and increased productivity.
- Streamlined operational efficiency by identifying areas for improvement and proposing actionable solutions.
Audit Assistant
Guru And Jana Chartered Accountants
02.2015 - 03.2018
- Worked closely with clients' accounting teams to ensure a smooth flow of information throughout the audit process, minimizing disruptions to daily operations while maintaining the integrity of final results.
- Conducted efficient audits by utilizing various software tools to analyze financial data quickly and accurately.
- Reduced errors in financial statements by conducting comprehensive account reconciliations and adjusting entries as needed.
- Managed multiple priorities effectively, ensuring timely completion of assigned tasks without compromising quality of work.
- Improved client satisfaction by providing clear explanations of audit findings and recommendations for improvement.
Education
Chartered Accountant -
The Institute of Chartered Accountants of India
Skills
Risk Assessment Analysis
Data analytics proficiency
Fraud detection techniques
Financial modeling capabilities
Financial statement analysis
Investment Management
Work
+91 7411765958
Awards
- Deloitte, Applause Award, 2022
- Deloitte, Applause Award, 2023
- BDO, Going Extra Mile - Excellence, 2020
Timeline
Audit Senior
Deloitte
10.2020 - Current
Senior Associate
BDO India LLP
03.2019 - 10.2020
Audit Assistant
Guru And Jana Chartered Accountants
02.2015 - 03.2018
Chartered Accountant -
The Institute of Chartered Accountants of India