Kekal Aditya Upadhyaya

● Objectively assess a company's business processes and efficacy of its risk management.
● Determine Internal Audit scope and develop annual plans to conduct the audit for the major cost centers of
the company and reporting the same on monthly basis. Running the budgeted vs actual report and taking
actions on the variance.
● Conducted system audit on MAMS ERP starting from RFQ creation based on the inventory level on vessel,
PO booking, approvals, closing Open PO on timely basis, Invoicing in proper GL code and checking the
same are booked under proper codes.
● Obtain, analyze and evaluate all the accounting documents previous reports and data. To find the variance
in the set company policies and report the same in the management reports along with corrective measures.
● Performed Journal Entry testing, GL Balancing, Inter company corrective recording and consolidation,
Scrutinizing Vat returns.
● Design and implementation of operating effectiveness, testing of internal control and substantive audit
procedures on financial statement accounts of companies.
● Thoroughly tested cash, account receivables, accounts payables, revenue and expenses and other account
balances.
● Board Meetings, contracts and agreement summarization and identifying the matter of audit impacts
therein.
● Verification of Crew Salaries in different country of operation based on the Tax requirements of respective
location.
● Setting up audit work papers which include year to year cost comparatives and fluctuation reports with
respect to various budgets including remedial sets to control deviation, preliminary analytical review, cash/
fund flow analysis and Ratio analysis to set trends of financial statements.

• Responsible for managing day to day finance and accounting operations.
• Timely processing all the day to day payables as per the scheduled payments and budgets, preparing MIS for Payables, Expense analysis and aging reports.
• Auditing, calculating, booking and managing the payroll and allowances of teachers as per the Contracts.
• Calculating, verifying and booking all the rental and utility expenses for all the staff accommodation provided by the School.
• Calculating and processing the entire refunds request as per KHDA norms.
• Auditing, booking and analyzing the profitability with respect to after school activity program.
• Providing monthly comparatives for all the major cost along with preparing the comparatives of Budgeted vs. Actual scenarios for decision making and implementing cost control policies.
• Assisting Finance Controller in managing cash flows with all MIS reports and implementing internal controls for adherence to law.
• Preparing reports on operating cost comparatives with respect to property and personal insurance coverage. Assisting by providing MIS reports for decision making with respect to taking new insurance coverage.
• Managing Inter company transactions, balancing ledgers and booking closing transactions for preparation of consolidated financial statements.
• Assisting the Auditors for Audits.

• Managing and scrutinizing day to day accounting and Ledgers scrutiny till finalization.
• Preparing financial statements for presentation to boards of directors, management, and statutory bodies.
• Conduct Internal Audit and System Audit for all the major operations and analysing probable risk for the same for decision making with respect to market scenarios.
• Timely processing the entire payments local and foreign remittance related to suppliers and statutory dues.
• Preparing the Aging report of payables and receivables, Bank Reconciliation and Liaisons with Bank for capital financing, managing fund getting ECB and forward covers for EURO.
• Verification, reconciliation and payment of all statutory dues like Service Tax, TDS, VAT and Excise.
• Submission of MIS Reports to top management on Financial flow with Cash Budgets, Working Capital Management, Monthly and Yearly Comparatives of Expenses, Examining operating costs and Profitability Analysis, Product Costing and Cost Control Analysis, Inventory Management and Valuation, Treasury Management, Filing ECB Return and Utilization Reports.
• Managing the entire Advance License and EPCG procedures with DGFT.
• Handling entire import export procedures.
• Assisting Statutory/External Auditors for Audit, Finalization of Accounts and filing company return.

• Objectively review and maintained thorough understanding of organization's business processes, auditing standards and related risk and control frameworks.
• Conduct Internal Audit for all the operations by obtaining, analysing and evaluating accounting documents and entries, previous reports, data, flowcharts. MIS reports relating to Inventory Management and valuations in SAP MM Module/ERP, FICO, Consumption Analysis Report, Fixed Asset Verification, Bill Verification for proper booking and taxation. Receivables payables aging reports, depreciation calculations, KPI’s, variances with budgets, Income, Service charge accounting etc.
• Performed work on complex and high risk audit areas as assigned. Initiated discussion of exceptions with summaries and draft audit reports for increasing control and efficiency of operations.
• To deal with issues related to Transfer pricing through cost analysis method.
• Complete verification of Service Tax, TDS, VAT and Excise.
• Inventory Management with auditing the variance, rejections and its valuation.
• Research and Development exemption norms regarding capitalization and maintenance of books of Accounts u/s 35(2ab) Audit.
• To deal with material costing for EOU unit.

System Development in Microsoft Dynamics AX as per Client Specified Requirements for financial Modules and updating the same.
Tag Suggestion in accordance with US Taxonomy, Indian Taxonomy and IFRS for XBRL filing.
Responsible for solving the queries of Financial Analysts and System Audit.
Involved in managing shift along with job allocation during shifts.
MIS Reporting to management related to Budgets, Financial reports and Cost Control.
To handle annotated PDF requests and the billing activities and Receivables Management.
Liable for client coordination related to various queries raised by financial analysts.

Successfully conducted statutory audit for companies like Haver Standard, NECL, GeaPharma, Vadodara, Conducted the Tax audit of companies like Inel Gas Control Pvt. Ltd, Cryogenic Designs & Services Pvt. Ltd. Vadodara, Participated in System development process of Ecoman Enterprise, Vadodara, Assisted the team of auditors in Stock audit of Reebok & Tam Media, Assisted in Search and Seizure case of Inel Gas Control, Finalized the balance sheets of firms & individuals, Carried out assessment proceedings u/s 143 for scrutiny assessment, appeared before commissioner of Income Tax for appeals, Carried out taxation work, like filing various income tax forms, TDS returns, service tax return and registration of entities with the service tax department, Prepared Project Reports and CMA report and assisting client for Bank related work, Carried out fixed asset verification, Assisted in Liaising with the Bank Auditors for loan documentation Audit for term loan, housing loan, vehicle loan, working capital loan.