Amrit Totla

Seasoned and diligent Finance and Accounts Specialist offering a rich blend of accounting & Finance gained from 11 years of experience and skilled in driving financial efficiency and leading a
multi-arm financial spectrum and implementing stringent accounting operations are leading to more transparency & saving money for the company.

External audit

• Reviewed financial statements prepared in accordance with International Financial Reporting Standards (IFRS).
• Assisted clients with International Financial Reporting Standards (IFRS) reporting, providing them advice on IFRS application and implementation of new accounting pronouncements.
• Performed consolidation of financial statements for companies in complex groups, in accordance with the International Financial Reporting Standards (IFRS).
• Extensive experience with IFRS and reporting requirements including IFRS 3, 7, 10 9 and 15 as well as IAS’s 2, 7, 12, 16, 17, 18, 32, 39. Also experienced with the preparation and review of hyper-inflated financial statements (IAS29)

• Tested the design and implementation of internal control systems in line with the International Standards on Auditing, including understanding and documenting clients accounting processes.
• Assessed engagement and control risk including testing of controls.
• Developed and maintained relationships with clients at middle, senior management, secretarial and director level.
• Managed and supervised audit teams, including appraisal of audit team members.
• Performed risk assessment particular to clients in relation to the market and the clients internal environment.

• Compliance checking - assessed whether companies were operating within the rules and regulations dictated by the Company’s Act and the Security Exchange Regulations.
• Participated in business quality control issues which included quality assurance systems, independence and risk management policies, professional developments and applicable codes of ethics.
• Participated in client service delivery by way of management reports.
• Participated in the firm’s recruitment of new staff by assisting in induction courses as well as training programs.
• Assisted in proposals for refinancing credit facilities of portfolios by performing cash forecasting and analyzing financial ratios.
• Assist to Client in maintaining expenditures in accordance with loan agreement to determine proper charging of operating revenues and expenditures.
• Provided monthly income statements, cash forecasts and other assigned financial analyses to management and board of directors
• Supported CFO/Group Finance Director in preparing consolidated financial statements in accordance with IFRS to complete statutory requirement.
• Consulted to business sectors and country finance managers regarding foreign exchange exposure mitigation.
• Assist client in developing short and medium term Cash Forecast.
• Assist client in preparing Annual Budget and forecasting trends
• Assist client in negotiating with the banks for finance and debt restructuring
• Analysis of industry specfic key performance indicator (KPI’s)

• Reviewed financial statements prepared in accordance with International Financial Reporting Standards (IFRS).
• Assisted clients with International Financial Reporting Standards (IFRS) reporting, providing them advice on IFRS application and implementation of new accounting pronouncements.
• Performed consolidation of financial statements for companies in complex groups, in accordance with the International Financial Reporting Standards (IFRS).
• Extensive experience with IFRS and reporting requirements including IFRS 3, 7, 10 9 and 15 as well as IAS’s 2, 7, 12, 16, 17, 18, 32, 39. Also experienced with the preparation and review of hyper-inflated financial statements (IAS29)

• Tested the design and implementation of internal control systems in line with the International Standards on Auditing, including understanding and documenting clients accounting processes.
• Assessed engagement and control risk including testing of controls.
• Developed and maintained relationships with clients at middle, senior management, secretarial and director level.
• Managed and supervised audit teams, including appraisal of audit team members.
• Performed risk assessment particular to clients in relation to the market and the clients internal environment.

• Compliance checking - assessed whether companies were operating within the rules and regulations dictated by the Company’s Act and the Security Exchange Regulations.
• Participated in business quality control issues which included quality assurance systems, independence and risk management policies, professional developments and applicable codes of ethics.
• Participated in client service delivery by way of management reports.
• Participated in the firm’s recruitment of new staff by assisting in induction courses as well as training programs.
• Assisted in proposals for refinancing credit facilities of portfolios by performing cash forecasting and analyzing financial ratios.
• Assist to Client in maintaining expenditures in accordance with loan agreement to determine proper charging of operating revenues and expenditures.
• Provided monthly income statements, cash forecasts and other assigned financial analyses to management and board of directors
• Supported CFO/Group Finance Director in preparing consolidated financial statements in accordance with IFRS to complete statutory requirement.
• Consulted to business sectors and country finance managers regarding foreign exchange exposure mitigation.
• Assist client in developing short and medium term Cash Forecast.
• Assist client in preparing Annual Budget and forecasting trends
• Assist client in negotiating with the banks for finance and debt restructuring
• Analysis of industry specfic key performance indicator (KPI’s)

 Direct clients on accounting, financial reporting and regulatory matters including troubleshooting of issues regarding Indian Accounting and Auditing Standards
 Direct executive participation in the audit planning process, test of control feedback, substantive audit procedure findings, sensitive audit area discussion and analysis
 Project report preparation & submission for Bank Limits, Project Finance
 Dealing with bankers / suppliers / third parties for clients.
 Handled VAT and tax matters and report findings and recommendations.