Surya Teja Divya Chinchinada

• Handled Multiple PCAOB clients by assisting US Audit team from back office in India by completing tasks as instructed us time to time,
• Independently handled finalization of audit managing team of 6-8 members and provided them with relevant guidance that helps them perform their tasks.
• Active project management including preparing and monitoring budgets, resource planning, catch up calls with team and/or management and collections.
• Quickly adopted to Deloitte methodologies like cortex for JE testing, EMS & Omnia for reviewing/executing works.
• Guided Juniors in explaining expectations on their tasks, monitoring them periodically, provided constructed feedback in both encouraging them as well as improve their performance.
• Continuously praised for handling multiple engagements in peak season with managing work load to avoid conflicts and made constant effort for quality and better documentation
• Conducted facilitations to class of 50+ newly joined professionals for 5 continuous days and received applauding feedback, conducted audit specific trainings at cluster level. Officially certified by deloitte to conduct trainings for newly joined / experienced professionals.

During my tenure at BSR & Co LLP, had the opportunity of working for Statutory audit, Internal financial reporting, tax audit, inventory counts etc

Statutory Audits

Worked as In-charge/ team member for various manufacturing, service industry Statutory Audit assignment where

• Worked on planning analytics, fixing materiality benchmarks, identifying significant accounts/assertions/ estimates and final analytical reviews and getting them approved by partners and working on substantive audit areas.

Internal financial reporting:

• Worked on preforming testing of design & implementation, testing of controls effectiveness based on risk of failure, testing of high risk accounts/ management controls etc., to derive conclusion on Internal financial effectiveness and reporting accordingly,.
• Conducted physical and virtual stock counts etc

Tax audit:

• Independently conducted tax audits which includes Planning Approach, Preparation of deliverable's being Form 3CA/ 3CB and review of Form 3 CD, Reporting to partner, XML filings etc.

General:

• Interacting with Manager to plan for audit strategy to accomplish job in effective manner and obtaining partner approvals wherever involvement is necessary to take planning related calls
• Preparing analytical reviews on financials.
• Finalization of Financials Statements with partners and ensuring its compliance with applicable statutes and GAAP.
• Preparing audit working papers as per KPMG Audit Methodology
• Preparation of Audit reports including CARO, IFC reporting specific to clients, Management representation letter.
• Undertaking Team Building activities among the team members to enhance their skills and define the roles where team members have sound knowledge & expertise.

• Reviewed audited financial, operational and regulatory compliance deficiencies and conducted follow-ups.
• Interacting with engagement manager and partner for audit planning including determining materiality, group materiality, component scoping, component materiality, identifying key risk areas, and designing appropriate audit procedures to
  address identified risks
• Acted as coach and mentor to all subordinates, handled average of 4 associates and delegates work to team members, review working papers of junior team members effectively.
• Prepared key meeting materials and presentations for external and internal meeting.
• Maintained communication with clients throughout auditing process to deliver status updates.

Involved in statutory audit of various Manufacturing companies, nationalized banks of public sector company. Have been majorly involved as below:

• Performed Analysis of Financial statements and notes to accounts
• Studying and ensuring compliance with Accounting Standards and Companies Act rules.
• Planning statutory audits which includes Risk Assessment, Audit Approach, Designing procedures, managing team at field, preparation of deliverables and Reporting.
• Tax audits of various Corporate & Non-Corporate Assesses and also preparation & filing of Form 3CD.
• Compliance with TDS Provisions.
• Filing of various returns such as Income Tax returns, TDS returns, Service Tax returns.
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