Rishi Jain Email & Phone Number

Mumbai, Mh, In

Mumbai, Maharashtra, India

Mumbai, Maharashtra, India

Key Responsibilities and Achievements:- Conducted statutory audits for various clients, including Nazara Technology and Times of India, adhering to relevant accounting and auditing standards- Assisted in planning and executing audit engagements, including risk assessment, evaluation of internal controls, and substantive testing.- Collaborated with cross-functional teams, including tax professionals and consultants, to provide comprehensive financial solutions and insights to clientsNotable Projects:Paperboat Apps Private Limited (One year-end audit and three quarterly limited reviews)- Led the audit engagement for Paperboat Apps Private Limited, a leading company in gamified early learning segment of its holding company- Nazara technologies Limited.- Analyzed revenue and cost drivers, performed trend analysis, and identified areas of improvement in profitability and cost efficiency- Ensured client compliance with various requirements of Schedule 3/Ind-AS/RBI-Act/Income-Tax Act, demonstrating strong knowledge of accounting standards and regulations- Conducted a thorough assessment of the client's employee benefit plans, including stock options and share- based payments as per INDAS 102- Analyzed intercompany transactions, eliminations, and non-controlling interests in compliance with Ind AS 110- Consolidated Financial Statements.- Prepared segment reporting working papers in accordance with Ind AS 108- Operating SegmentsAtos Group (Two year end audits and one group reporting assignment)- Prepared comprehensive lease accounting schedules, ensuring accurate recognition, measurement, and disclosure of lease-related information in financial statements where there was a change in scope of leases which was a recent amendment to the INDAS 116.- Assisted in the accurate documentation of provisions for liquidated damages and onerous contracts in financial statements as per INDDAS 37

Mumbai, Maharashtra, India

Mumbai, Maharashtra, India

I started an online laundry platform called Iron-E in Mumbai, aimed at providing affordable laundry services. Our approach included several unique features:- Personalized QR Codes: We created QR codes for each household, which included their address. This meant customers didn't have to enter their details every time they ordered. They just scanned the code on their door, making the process quick and easy.- Web-Based Platform: Our service was entirely web-based, so customers didn't need to download an app, adding to their convenience.- Cost-Effective Delivery: To keep delivery costs low, we used a route planning system. Instead of picking up orders one by one, we scheduled pickups within specific time slots (e.g., 11 AM to 12 PM). This allowed our delivery person to collect multiple orders in one trip, reducing the cost per delivery.Research and development phase included:- Detailed Operational Planning: We meticulously planned our staff's day. For example, our laundry workers would spend the first hour testing clothes for color fastness, the next hour starting the wash, and ironing clothes while the washing was in progress.- Customer Analysis: We looked at different customer types, such as rich bachelors versus poor bachelors, and boys versus girls, to understand who would give more or different kinds of clothes. This helped us tailor our services to meet varying needs.- Machine Capacity Study: We analyzed how much different types of clothes weighed (e.g., jeans versus shirts) to predict our washing machine usage, revenue, and costs.- Feasibility Study: After 3-4 months of hard work and research, we realized that due to high real estate rents and other factors, the business wouldn't be sustainable in the long run. Therefore, we decided not to move forward with the implementation.This experience taught me a lot about business planning, operations, and market research.

Chartered Accountant - First Attempt, Accounting And Business/Management

12Th Commerce, Business/Commerce, General