Audit & Tax Manager
Hawaldar And Associates
Hyderabad, Telangana, India
External Audit & Internal Audit:● Overall engagement planning such as meeting with client, co-developing expectations, designing audit strategy in consultation with partners.● Carrying out substantive testing of account balances in accordance with the audit plan formulated and appropriately documented the audit procedures performed.● Verification & testing of critical areas like Revenue, Accounts Receivables, Accounts Parables, Borrowings and vouching for sales, purchases & other expenses.● Carrying out Journal entries testing for identification of any management override of control.● Performing audit procedures to identify the related party transactions and corroborating audit evidence to support the conclusions reached.● Review of board minutes and internal audit reports to test the critical areas impacting our overall audit.● Consultation on significant matters with various professionals such as lawyers, valuers, tax advisors, and IT experts.● Performed testing on Internal Controls on Financial Reporting and prepared compliance report.● Evaluated the efficiency of the controls and timely reported control deficiencies.● Extensive experience in bank audit, regulatory compliance and financial reporting practices specific to the industry.Taxation:Led and managed team of 15 members, providing comprehensive guidance to ensure efficient work execution. Training and coaching the staff both on the job and off the job.● Preparing individual and corporate income tax returns for clients.● Effectively handled and responded to Income Tax notices, utilizing in depth tax knowledge to address issues.● Attended hearings at GST Departments, presenting different type of cases and securing favorable outcomes for the company.● Managed TDS (Tax Deducted at Source) filings.● Processing of payroll and its tax compliance, including ESI , EPF and PT filings.● Demonstrated proficiency in managing the intricate process of selling subsidiary or branch.
