Audit Associate
Mumbai, Maharashtra, India
Worked at BSR & Co. LLP (Member Firm/Audit Practice of KPMG India).• Facilitated the Team in Statutory audits and Interim audit of private and public clients of healthcare,construction, manufacturing, and trading sector with £10 million+ of turnover.• Prepared Walkthroughs and performed Test of Controls (TOC), Test of Details (TOD) of Revenue, Purchase, PPE, JE and Tax which increased the overall quality of the audit by 30%.• Built strong relationships with the clients to receive relevant data on time, analysed the data using 50 datasets and ran MUS (Monetary Unit Sampling) on the data, generated samples and vouched the same. This reduced the overall time taken for the audit by 20%; received good feedback for identifying a major risk.• Summarized Minutes of minutes (Board Meeting, AGM, EGM) and Internal Audit reports (IARs) for the partner and saved around £2000 by reducing 10+ billable hours.• Rolled out 30+ Confirmations to Bank, Debtors, Creditors, and Related parties each. Maintained trackers for all confirmations sent, verified the amounts, interrogated the client for discrepancies, if found any.• Collaborated with colleagues in the data department; understood the challenges and offered to support the team with additional work-papers like Cash & Bank, Enter or update, JE Testing, Statutory Dues, Payroll, Prepaid Expenses, Other expenses, Analytical Review and did complex calculations when needed.• Administered Stock counts of multiple locations for couple of clients having stock worth £1 million and prepared Inventory Work-papers for the same and included details of all the Floor to Sheet and sheet to Floor samples that were tested.• Led a team of 5 Interns for an Internal Specialized Flowchart team; prepared 100+ flowcharts for Significant Areas such as Revenue, Purchase, FA, Treasury and helped multiple Audit teams within a tight one week deadline.• Received ENCORE KUDOS AWARD for being extremely proactive at work and for meeting deadlines.