Venkata Koushik D
Audit Manager
Hyderabad
Summary
A Chartered Accountant with over 6 years of expertise in Finance, Accounting, and Audit, consistently recognized for delivering high-quality results. Demonstrates strong commitment and problem-solving abilities, with experience in providing technical guidance and managing teams effectively. Led audit engagement teams serving Technology, Media and TeleCommunication clients ensuring accurate financial analysis and timely issuance of audit reports. Played a key role in developing and implementing robust audit processes in compliance with GAAP and auditing standards, while ensuring adherence to firm policies.
Overview
13
13
years of professional experience
2
2
Languages
Work History
Audit Manager
Deloitte and Touche AERS Private Limited
01.2023 - Current
- Led teams of up to 10 auditors in planning, executing, and completing financial audits, focusing on accuracy and regulatory compliance.
- Managed the planning and execution of annual audits for large accelerated publicly traded companies, adhering to PCAOB
requirements, and large private companies & Emerging Growth Companies (EGCs) adhering to AICPA requirements. - Oversaw audits and reviews, managing engagements for clients across sectors like Technology, media and telecommunication clients
- Offered technical guidance on intricate accounting matters under US GAAP, encompassing revenue recognition (ASC 606), lease accounting (ASC 842) and stock compensation expense and other equity transactions (ASC 718)
- Provided technical guidance on complex accounting issues under US GAAP, including revenue recognition (ASC 606), Lease accounting
(ASC 842), and Stock Compensation expense & other equity transactions (ASC 718) and statement of cash flows (ASC 230). - Conducted regular training sessions for audit staff, increasing their knowledge and skillset in the field.
Audit Senior
Deloitte and Touche AERS Private Limited
06.2019 - 05.2023
- Performed external Audit of Financial Statements (risk based audit approach) of various listed and non-listed companies into Technology, Media & Telecommunication in accordance with US GAAP
- Participate in audit planning meetings, development of audit program, risk assessment, scoping, implementation of audit plans, internal controls testing, testing of substantive areas and reporting and managing engagement economics
- Analysis of every financial caption in financial statements
- Prepare and suggest 'Adjusting journal entries' (AJE's) as part of audit process for the adjustments identified as through audit process
- Leading multiple audit engagements teams simultaneously, supervise and review the work of staff and get them ready for manager and partner review
- Conducted audits for various emerging growth companies (EGC's) in accordance with private audit methodologies for efficient and effective completion of audits
- Review of quarterly information for listed companies as part of quarterly filings with regulatory authorities
- Utilized various firm developed innovative audit tools for efficient and effective completion of audit that deals with data analytics, disclosure analytics, JE testing, client requests management, confirmations etc
- Coach, guide and develop staff on the engagements
- Facilitate trainings for junior staff and peers for various audit topics
Audit Senior Assistant
Deloitte and Touche AERS Private Limited
06.2017 - 06.2019
- Gained experience & exposure in the external audits of US based clients.
- Worked Roll-forward of work papers, substantive testing of various areas such as cash, A/R, A/P, Debt, Investment tie-out, FS tie-out etc
- Developed strong relationships with clients, addressing concerns promptly and providing timely updates on progress throughout the engagement process.
- Assisted in the preparation of audit reports, presenting findings clearly and concisely to senior management for review.
- Conducted walkthroughs of various business processes, gaining an in-depth understanding of operations while identifying potential control weaknesses.
- Communicating with the onshore team on a weekly basis on the status of the audit
- Organizing kick-off meetings internally and with the clients
Article Assistant
A.C. Ganagaiah & Co.
04.2012 - 04.2015
- Had the opportunity to gain professional work experience in different areas of Accounting, Statutory Audits, Tax Audits, Tax Filings, Internal audits and Bank audits
- Preparation of internal audit report and discussion with concerned department heads and business heads
Education
Chartered Accountant -
Institute of Chartered Accounts of India
Finance And Accounting
Indira Gandhi National Open University
Skills
Performance improvement
Audit management
Audit planning
Financial statement review
SOX compliance
Analyzing financial statements
Audit support
Timeline
Audit Manager
Deloitte and Touche AERS Private Limited
01.2023 - Current
Audit Senior
Deloitte and Touche AERS Private Limited
06.2019 - 05.2023
Audit Senior Assistant
Deloitte and Touche AERS Private Limited
06.2017 - 06.2019
Article Assistant
A.C. Ganagaiah & Co.
04.2012 - 04.2015
Chartered Accountant -
Institute of Chartered Accounts of India
Finance And Accounting
Indira Gandhi National Open University
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