Sheron Dcosta (CPA)

Plan, manage and control audit engagements for clients in a wide spectrum of industries. The responsibilities are as follows

~ General review and preliminary evaluation of client’s business, significant accounts, processes and internal controls

~ Identification of audit issues and assessment of audit risk
~ Development of audit work programs
~ Preparation and monitoring of time budget
~ Engagement, client and staff management and
~ Review of working papers
Coordinate with clients to understand & identify client needs & opportunities and suggesting appropriate alternatives on accounting, auditing and tax matters
Carry out agreed upon procedures, internal control reviews, audits and business evaluations and appraisals.

Review financial statements of client in various industries in order to ensure strict compliance with International Financial Reporting Standards
Ensure compliance with firm’s Risk Management policies

Conduct meetings with senior level management personal of various clients and debrief meetings with engagement team

Prepare and present letter of recommendations to various clients based on internal control related findings along with our recommendations.
Develop & maintain effective relations with clients to understand, manage & reach to client expectations

Prepare technical memos to obtain consultations from firm’s technical experts on timely basis in order to resolve technical issues related audit engagements

Liaise with other member firms in various locations which require group reporting requirements in relation to multi location audits

Implementing financial and operational controls that positively impacted the company’s P&L scenario and reporting mechanism.
Preparing monthly and year-to-date divisional and group level consolidated accounts (P&L and Balance Sheet)
Projecting profit & loss analysis
Inventory management, fund management and Petty cash disbursement
Preparing various period-end, general and standard journal entries
Producing monthly management accounts and explaining variances
Preparing reports, cost sheets, financial vouchers, statutory and internal audit reports using specialized accounting software program from Focus RT.
Handling payroll, leave and end of service benefits; monthly over time
calculations and making a project-wise monthly analysis of Labor Cost
Obtaining bank facilities and dealing with banks on different issues
Reconciling Bank accounts and Debtors & Creditors account

Preparing Payment Vouchers and Petty Cash using MIS Accounting Software.
Preparing letters for Bank Correspondence (Telex transfers, Bank transfers, Extension of Guarantees, Letter of Credit)
Handling and maintaining Purchase Ledger.
Assisting with closing the books and audit preparation schedules

Preparing support documentation, pricing and structuring
Participating in customer and prospect sales calls

Recording foreign exchange gain/loss for foreign currency accounts.
Executing postings of all transaction entries in the system.
Compiling, entering and posting monthly adjusting entries

Handling customer complaints, enquiries and maintaining customer files.
Data entry application on banking software - Cards400 and EBBS.
Preparing computer input forms, entering data into computer files