Vivek Mukundraj

Audit and Assurance

· Headed Statutory Audits of entities in 20+ Companies in the sectors of GTA (T/O>35cr), Security Services, Construction, Software(IT)

· Carried out audits of a transportation company that was registered for GST in ten states, gathered all sales data, filed GST forms, and created consolidated statements.

· Headed Statutory Audits of 100+ Trusts and Societies in the areas of Education (Receipts > 40cr), Social Awareness, Medical, Old age and Orphanage, Religious etc. and recommend changes in Revenue Recognition, Fixed Asset capitalization and Depreciation.

· Headed Statutory Audit of Micro Finance Trust ensured compliance of FEMA Act, Interest disbursements outside India and ECB-2, 15CA&C filings.

· Analyzed and finalized the financial statements of companies on adhering to Schedule lll norms and accounting standards.

· Conducted Internal Audits and recommend changes in maintenance of Books of accounts and controls of cash collections and payments of NGO.

· Managed audits for nonprofit organizations that operate Hospitals and Schools, worked closely to prepare donor budgets for FCRA, and ensured that all FCRA regulations were being fulfilled.

· Conducted Stock Audit of Retail store.

· Handled various areas including inventory, cost of goods sold, trade payables, provisions, employee benefit expenses, borrowings, deposits.

· Ensured the compliance with various acts and regulations FCRA, Income Tax, GST, ESI and EPF etc

· Managed the handling of service tax and GST notices, which included meeting with the assessing officer, formulating replies, and closing the notices that had been issued.

Team Management

· Have experience in handling short team of 15 to 20 and ensure they are trained in all the necessary accounting and audit related compliance.

· Manage and assigning task to the team and monitoring the tasks and ensuring it is completed within the timelines.

· Provided guidance to team members regarding best practices in auditing techniques.

· Maintained professional relationships with clients while ensuring objectivity in decision making.

· Singlehandedly managed the audit team and the client communications from start to end, including review meetings with Senior Manager, Director, and Partner

· Developed and implemented internal audit programs to ensure compliance with regulatory.

· Improved overall team morale with effective motivational techniques like reward programs, recognition events, and transparent communication practices.

· Optimized resource allocation to maximize team output while minimizing costs for the organization.

· Cultivated positive, productive team environments, resolving conflicts quickly.

· Implemented training programs to maximise team member development and potential.

Taxation

· Conducted Tax Audits of Partnership Firms, Proprietors, Companies (T/O> 20cr), Trusts and Societies (Receipts > 50cr).

· Prepared and submitted Audit Reports 3CA/3CB & 3CD and 3CEB.

· Prepared and submitted more than 300+ Income Tax Returns (ITR 1-7) for Individuals, Company, AOP, Partnership Firms, Trusts and Societies.

· Conducted Transfer pricing Audit of Company and ensured compliance with Safe harbour rules.

· Prepared and filed TDS returns (24Q, 26Q and TDS on sale of Immovable Property) and generated 200+ form 16 for employees.

· Handled GST Monthly & Quarterly filings, ITC reconciliation, GSTR 9 & 9C of 20+ entities in different sectors like GTA, Security Services, Retail, Textiles, Construction, Food and Restaurants, Software (IT) etc.

· Provided Consultancy and Advisory on Tax Planning, Tax Savings, DTAA on salaries, GST tax rates and HSN codes.

· Drafted and Submitted response to assessments and scrutiny related to Income Tax demands >5cr and GST.

· Ensured the compliance with various tax regulations, including detailed examination of TDS & RCM, applicability, validation of input tax eligibility etc.

Compliance

· Drafted MOA and AOA and incorporation of Companies (Private limited and Subsidiary of Foreign) and Partnerships. Prepared and submitted documents for Company closures.

· Prepared and submitted various ROC forms AOC-4, MGT-7, DPT-3, DIR-12, ADT-1 and ADT-3.

· Drafted deeds for Trust, Associations, Partnership firms, collated information/documents for FCRA department scrutiny and Special Audit.

· Involved in applying various registrations GST, EPF, ESI, FCRA, PT, 12AA and 80G registrations and Renewals.

· Preparation of Books of Accounts in Tally, Quick Books and Zoho Books and preparation of MIS.

· Completing the required adjustment entries in Zoho books and creating bank, customer, and vendor reconciliation statements.

· Attended board meetings, set up the company's accounts, and served as a director of M/s Bronkhorst Instrumentation India Private Limited Private Limited, ensuring that all compliance requirements were completed in the early phases of the business.