SURESH SEMI QUALIFIED CA

Internal Audit

• Conducted internal audits to assess effectiveness of financial and operational controls.
• Identified process gaps and control weaknesses across various departments.
• Tested internal controls to verify reliability and enhance operational efficiency.
• Evaluated compliance with company policies and regulatory requirements.

Account Receivable.

• Monitored outstanding customer accounts, and followed up on overdue invoices.
• Prepared and maintained aging reports to track receivables.
• Coordinated with the sales and customer service teams for collections.

Accounts Payable

• Processed vendor invoices, and ensured timely payment according to terms.
• Maintained accounts payable ledger, and prepared payment schedules.
• Coordinated with the procurement and finance departments for invoice approvals.
• Assisted in month-end closing and preparing accounts payable reports.

Statutory Audit – Manufacturing

Companies.

• Conducted statutory audits of manufacturing clients to ensure compliance with applicable laws and accounting standards.
• Reviewed compliance with GST, VAT, and other applicable tax regulations.
• Assessed internal controls over manufacturing operations and inventory management.
• Prepared detailed audit reports and communicated findings to management and stakeholders.

• Oversaw comprehensive audit processes, including bank, statutory, and concurrent audits for compliance assurance.
• Managed income tax services, focusing on efficient return filing and accurate tax audits.
• Facilitated registration and annual filing for Goods and Services Tax (GST).
• Conducted TDS filings to maintain strict regulatory adherence.

Preparation of Financial Statements.

• Prepared accurate financial statements, including balance sheets, profit and loss accounts, and cash flow statements.
• Ensured compliance with accounting standards (GAAP/IFRS) during statement preparation.
• Reconciled accounts and adjusted journal entries to maintain accuracy in financial records.
• Used accounting software (e.g., Tally) for financial statement preparation.

Audit of Different Companies.

• Conducted audits for diverse clients across industries such as manufacturing, retail, services, and technology.
• Assessed internal controls, and identified risks and areas for process improvement.
• Verified the accuracy of accounting records, transactions, and supporting documentation.
• Prepared detailed audit reports, highlighting findings and recommendations.
• Coordinated with client teams to resolve audit issues, and ensure timely completion.
• Ensured audits complied with statutory requirements and deadlines.

Income Tax Return Filing

• Prepared and filed income tax returns for individuals and businesses in compliance with tax laws.
• Assisted clients with tax planning and optimizing tax savings.
• Responded to queries and notices from tax authorities regarding filed returns.

Accounting Services.

• Managed day-to-day accounting operations, including journal entries, ledger maintenance, and bank reconciliations.
• Prepared financial statements, such as balance sheets, profit and loss accounts, and cash flow statements.
• Maintained accurate records of accounts payable and accounts receivable.
• Assisted in budgeting, forecasting, and financial analysis for better decision-making.
• Ensured compliance with accounting standards (GAAP/IFRS) and company policies.

Fixed Asset Verification.

• Conducted a physical verification of fixed assets to ensure the accuracy of asset
• records.
• Assisted in tagging and tracking of fixed assets to improve asset management.
• Ensured compliance with company policies and accounting standards related to fixed assets.

GST and income tax notices.

• Reviewed and responded to GST and income tax notices issued by tax authorities.
• Analyzed tax assessments and notices to identify compliance issues, or discrepancies.
• Assisted in rectifying filing errors and revising tax returns when necessary.

Bank Audit.

• Conducted statutory and concurrent audits of bank branches, as per RBI guidelines.
• Verified loan accounts, cash balances, fixed deposits, and interest calculations.
• Reviewed compliance with KYC norms, AML policies, and RBI circulars.
• Checked the accuracy of financial statements, NPA classification, and provisioning norms.
• Examined internal controls related to banking operations and risk management.
• Prepared audit reports highlighting discrepancies and control weaknesses.