Backing founders with patient capital and advisory

Assisted in the end-to-end Tax audit procedure for 3+ listed and unlisted clients - understanding the clause application, verification, documentation and reporting for listed entities.

Statutory AuditConducted comprehensive audits across diverse sectors including power generation and service.Performed comprehensive audit procedures from start to finish, including understanding processes, walkthroughs, assessing Internal Financial Controls (IFC), conducting substantive testing (TOC/TOD) and verifying stock physically for 4+ listed and unlisted clients, contributing as a part of primary team for CESC Limited and component team for group audit of TATA Power.Analyzed key areas such as employee benefit expenses, property plant and equipment, revenue, cost of fuel, investments, borrowing and finance costs, ensuring accurate financial reporting and identifying and correcting short provisioning, amounting Rs 16 crores.Verified the adherence to Schedule III and compliance of CARO as per the Companies Act, 2013.Conducted variance analysis and reconciliations for operating expenses, trade payables, receivables, and bank statements. Proficient in quantity rate variance evaluation, ratio analysis, and trend analysis for comprehensive financial assessments.Reviewed financial statements of subsidiaries and assisted in the consolidation adjustments and overall line by line consolidation along with preparation of major reconciliations like net worth and minority interest reconciliation.Gained practical on-site knowledge of power plants and generation stations, including visits to coal mines, and observing coal transportation via private railway rakes, weighment procedure and coal quantity count.Drafted Audit Opinion and prepared Statutory Audit Reports in various assurance service engagements.