Audit Associate
Mustafa & Co.
Total years of experience :3 years, 8 Months
• Assisting in internal audit of construction firms & associations.
• Performing tax audit & preparation of income tax return.
• Completing annual audit plan through effective time management.
• Conducting meetings for discussion of audit report findings with the management.
• Making surprise physical verification of stores & consumables.
• Financial accounting of small business entities.
During article-ship got several opportunities to perform internal as well as external audit of following organization where my duties & responsibilities were as follow
• Datta Meghe Institute of Medical Science (Group of Hospitals & Colleges) -Internal Audit
o Performed checking & vouching of accounting vouchers of expenses & income of hospitals & colleges under DMIMS trust
o Performed audit of consumable & stores including analysis of procurement & issue made for hospitals & colleges
o Conducted audit of personnel resource department which included checking of leave application, salary sheet, attendance & verification with leave records.
o Independently executed special audit assignment of contract verification for major civil construction projects in progress, AMC master file verification & analysis, checking of radiology department patient records with government records.
• Ruchi Soya Industries Ltd (Listed public company)- Internal Audit
o Procurement process analysis & management
o Consumption & production related analysis
o Subcontractor bill verification & analysis of input tax credit
o Ledger scrutiny & capital work in progress status inquiry as well as checking of assets & consumables bills related to it.
o Fixed asset verification
• S.M.S Infrastructure Ltd (Engaged in projects of electrical, irrigation, civil, mining division)- Internal
o Verification of Running Account bill & subcontractor bills
o Inventory management & physical verification of stores, procurement analysis
o Ledger scrutiny & checking indirect tax compliance
o Audit of payroll & checking of related leave records, attendance records with salary payment sheets.
o Verification of compliance with contract terms & Conditions
• Moil Limited, Tristar Trade Pvt Ltd & Tristar Retail Ltd (External Audit)
o Vouching of expenses & income with supporting document
o Analysis of major expenses & ledger scrutiny
o Checking of subcontractor bills (Manpower supply bill, works contract bill) & verification of the same with work completed sheets
o Verification of Fixed asset register & physical verification
o Analysis of input Vat credit & output tax payable.
o Bank reconciliation
• Tirupati Urban Cooperative Bank (Internal Audit) & Dena Bank(External Audit)
o Verification of loan & advances documents & other documents
o Checking of various duties & charges have been properly levied & deducted from deposit account
o Surprise physical verification of cash balance
o Checking of account opening form & verifying whether KYC norms have been satisfied
o Checking of major expenses & income account & bills related to it.
o Verification of commission & brokerage charges on Demand draft, Bank guarantee.
o Vouching of internal control in payment & receipt transaction.
• Good exposure in tax audit of business/trading units.