KARTIK CHATURVEDI

Farm Fresh LLC is engaged in the business of Distribution of Foodstuff Items under the category of Frozen/Chilled/Ambient products and are one of the leaders in FMCG Industry across Middle East.

 Independently leading Inventory, Payables and Clearing & Forwarding team that consists of 14 People and coordinating with AR, Brand & Marketing Teams to maintain the cash flow of the company.
 The role majorly consists of FP&A wherein I have to closely work with Payables and other teams to focus more on how to use company’s funds effectively and efficiently.
 Expertise in identifying inconsistencies in Internal Controls, preparing SOP’s and implementing them. (SOP on VAT, AP Process, Clearing & Forwarding already implemented in 6 months of Joining the firm).
 Monthly Filling of VAT Return, Excise Return, MIS Preparation with group level consolidations (on Excel) and submitting the same within the specified time frames.
 Verifying, Analyzing and reconciling accounts payable and receivables based on ageing of Vendors & Customers.
 Reconciling account balances and bank statements, maintaining general ledger and preparing month-end close procedures.
 Closely working with Payables and other teams for managing company’s funds effectively & efficiently.
 Successfully controlled the demurrage costs pertaining to shipping lines and ports almost from 3% to 0% a month of Monthly Sales in just 2 months of Joining.
 Successfully controlled Packing material cost (1% of annual sales) of the company by taking new quotes from the Vendors and negotiating with them.

Royal Tooba is engaged in the business of Export and Import of Dry fruit Items and are one the major leaders and most respectable brands in Dubai. Independently handling the entire Accounting & Finance Department of the firm.
 The work includes from passing a journal entry to finalization of accounts, quarterly filling of VAT returns & monthly excise returns.
 Verifying, allocating, posting and reconciling accounts payable and receivables based on their ageing.
 Producing error-free accounting reports and present their results to the Stockholders of the company.
 Analyzing financial information and summarizing financial status in front of the Board Members.
 Reconciling account balances and bank statements, maintaining general ledger and preparing month-end close procedures.
 Spot errors and suggest ways to improve efficiency.
 Provide technical support and advice on Management accountant.
 Review and recommend modifications to accounting systems and procedures when required.
 Provide input into department’s goal setting process based on the ratios & trends of the industry.
 Prepare financial statements and produce budget according to schedule
 Develop and document business processes and accounting policies to maintain and strengthen internal controls
 Ensure compliance with GAAP principles

1. Well acquainted with the EY Global Audit Methodology which is the primary guiding repository for EY’s Audit Approach Worldwide.
2. Gained a good auditing exposure of various industries including Real Estate, Retail, Oil & Gas, Automotive etc in terms of associated risks & audit strategies relevant for different Sectors.
3. Worked on various areas of Audit ranging from Scoping, Execution and Conclusion. Performed various audit tasks for multiple clients involving Substantive Procedures, Analytical Procedures, Testing of Controls and other significant areas of audit.
4. Monitored financial reporting controls on a real time basis thereby ensuring timely preparation, audit coordination from planning to completion and filing of statutory accounts.
5. Worked on various Analytical tools used in EY for setting up audit expectations and analyzing the findings from the audit including correlation analysis and several other forming an imperative part of the audit strategy.
6. Imparted several Classroom trainings to peer group on multiple areas of audit as well as trained the new joiners on different auditing tools used at EY.
7. Been a part of the Pilot Batch (30 People team) which was solely responsible for setting up the Work/Processes/Culture from a scratch at Chennai location during the transition from Gurgaon to Chennai.
8. Received the prestigious “Extra Miler Award” at EY twice, for outstanding performance.

Independently Audited India’s 2nd largest branch for almost
6 months located at K.G. Marg, New Delhi which consisted of more than 50 people working on the
same branch.
Work Done: -
* Bank Journal Report (BJR Testing) - Daily voucher checking and identifying PDC Cheque or
Stale Cheque which keeps a check on Teller working.
* Testing Sheet
 Checking Instant account activation register
 DMS Destruction report - Checking whether the inventory has been destroyed within the
stipulated period or not.
 Cash Retention limit - Verifying whether the cash available in the vault at the day end is within
the limits prescribed by RBI.
 Comparing Vault Key Register and Attendance Register that whether the Vault Keys are with
the designated person as per the Authorization Matrix or not.
* AMS
 AMS mainly pertains to major RTGS, NEFT or Fund Transfers associated with the Current /
Portfolio customers and checking whether the necessary approvals, ID Proofs are taken by the
bank.
 After completing all the above-mentioned processes, preparing a report and issuing the same
to the Internal Audit Committee of the Bank.
Was also offered to work with HDFC Bank Limited under the Internal Audit Department.
2. Lifestyle and Max (Landmark Group): - The most trusted “consumer products” brand across the
globe. Was a part of the Internal Audit team on the above-mentioned client across various locations in
Delhi - NCR.
Work Done: -
Cash Department: -
 Verifying whether pre-employment background checks on all employees who handle cash has
been done by a third party or not.
 Checking that there should be segregation of duties among different cashiers.
 Matching the daily cash & card sales with the Daily sales report and the same should be
authorized by the store manager and Head Cashier.
 Maintaining and recording the Petty cash expenses on a day-to-day basis and the same report
should be signed by store manager.
 POS Rolls issued to cashiers should be issues serial no wise and the new can be issued only
when one is completely exhausted. Stock count should be done for POS Rolls also.
Inventory Department: -
 Checking whether all the inwards and outwards stocks match with the invoices and GRN.
 Testing all the high value items and comparing the stock with the report taken from SAP.
 Testing all the error-prone items for which the report for the previous year was negative.
And auditing all other departments including Operations, HR and Customer Service Desk.
3. Pantaloons (Aditya Birla Group): - Work done is same as above in Lifestyle and Max.