Varghese Jobi

Lead and manage external audit engagements across ship chartering, construction, manufacturing, trading, and event management sectors, ensuring full compliance with IFRS and ISA. Head a team of 12 audit professionals, allocating assignments, supervising execution, reviewing deliverables, and ensuring adherence to audit timelines and quality standards. Develop audit strategies, perform risk assessments, determine materiality thresholds, and design audit procedures aligned with business and regulatory risks. Serve as primary liaison with client CFOs, finance managers, and senior leadership, addressing complex accounting issues and delivering actionable financial insights. Provide technical guidance to team members on IFRS applicability, complex accounting treatments, and audit methodologies to ensure accurate financial reporting. Review and finalize financial statements, ensuring accurate disclosures and compliance with IFRS, local regulations, and internal control evaluations in accordance with International Standards on Auditing (ISA). Provide technical accounting advisory on IFRS implementation and applicability, including complex areas such as: IFRS 16 (Leases - right-of-use asset calculations, discount rate assessments, dry-docking cost treatment), IFRS 9 (Financial Instruments - classification, measurement, impairment), IFRS 15 (Revenue Recognition), IFRS 28 (Investments in Associates & Joint Ventures), IAS 40 (Investment Property). Collaborate with IT and cross-functional teams on accounting and financial reporting system implementation, including requirements gathering, UAT, and post-implementation validation to ensure IFRS-compliant outputs. Evaluate and test internal controls over financial reporting (ICFR), identify control deficiencies, and recommend process improvements to strengthen governance frameworks. Oversee accounting reviews including provisions, accruals, fixed assets, depreciation, payroll journals, and financial asset accounting.

Supported end to end FP&A cycles including budgeting, forecasting, and variance analysis, contributing insights for quarterly planning discussions. Reviewed workpapers and provided technical support to junior team members. Assisted in resolving technical accounting matters under IFRS 16, IFRS 9, IFRS 15, IAS 28, and IAS 40, supporting accurate disclosures across client engagements. Assisted in reviewing valuation of investments and portfolio securities held by clients, supporting compliance with IFRS 9 and IAS 28 measurement and classification requirements. Participated in ICFR evaluations, helping identify control gaps and recommend process improvements.

Conducted comprehensive substantive testing, test of controls, complex recalculations, and reperformance procedures to validate the accuracy and complete IFRS compliance of reported financials. Executed end to end financial analysis and statutory audits across global engagements for multinational corporate clients in the Commercial and Industrial sectors with revenues exceeding USD 500M. Managed detailed roll forward analysis and internal/external financial tie out procedures, ensuring absolute data consistency across quarterly and annual reporting cycles to support month end and yearend close processes. Prepared analytical lead schedules, risk summary reports, and scoping documentation, converting dense, complex financial data into structured, review ready files for global engagement leadership. Maintained proactive, cross functional communication with global engagement teams across multiple geographies to accelerate the resolution of complex financial reporting queries.

Managed end-to-end accounting function for the organization, including bookkeeping, reconciliations, and month-end close. Prepared Monthly Management Reports for leadership review, consolidating financial performance across departments. Developed and maintained Cash Flow Forecasts to support liquidity planning and treasury decisions. Performed Expense Analysis and Variance Analysis against budget, flagging deviations for management action. Conducted Working Capital Analysis to monitor operational efficiency and funding requirements.

Prepared income tax computations and filings for a portfolio of individual clients including small retail businesses and professionals. Served as Treasurer and Accountant for charitable trusts, managing fund accounting, donor records, and statutory compliance filings. Advised clients on basic tax planning and compliance deadlines under Indian Income Tax Act provisions. Maintained books of accounts and supporting documentation for multiple small-business and individual clients simultaneously.

• Gained foundational experience in corporate tax compliances, statutory audits, accounting operations,
and internal control testing.