Varsha Vyas

-Monthly accounts Closing / journal entries for provisions, accruals and claims.
- Preparation of sales invoices to make sure that contract terms are followed
- Verification of purchase invoices and goods receipt entries are done in ERP system
- Sales and Purchases verification for VAT accounting.
- Ledgers scrutiny of accounts.
- Preparation of periodic financial Reporting, MIS, ageing of receivables, payables & inventory.
- Verification of bank facility reconciliation, reconciliation of bank balances and fixed deposits. - Managing daily working capital requirement.
- Monitoring all PDC’s issued and received.
- Providing opinion on business performance by using various analytical tools.
- Settlement of accounts with suppliers and customers considering claims & reimbursable expenses.
- Preparation of various reports as and when asked by the directors.

Internal Audit
Credit Audit, Process Audit and Thematic Audit (Wholesale Banking Group of ICICI Bank)
Responsibilities:
Credit Audit - Corporate Banking Group (CBG) and Small and Medium Enterprises Group (SMEAG)
1. Finalisation of samples for corporate borrowers as per criteria list and understanding of Small and Medium Enterprises programs of ICICI Bank
2. Verification of appraisal note for credit sanctions alongwith rating rationale
3. Analysing borrower for any credit risk through financials and nature of business
4. Credit documents verification of sample borrowers
5. Finalisation of Key Audit Findings and working papers
6. Preparation of Audit Report and discussion of Key Audit Findings (KAFs) for any closure of issues
7. Updation of Report in Vision Software
Process Audit - Domestic Financial Institutions Group (DFIG) and Securities Market Services (SMS)
1. Walk through of processes
2. Verification of process and documents as per Process and Product note
3. Finalisation of Key Audit Findings (KAFs)
4. Preparation of report and update the same in Vision Software of ICICI Bank Limited
Thematic Audit - Anti Money Laundering (AML)
1. Walk through of process
2. Verification of process and documents as per Process and Product note - name screening through AMLOCK and triggers generated for high value transactons
3. Finalisation of Key Audit Findings (KAFs)
4. Preparation of report

Audit

Accounts
- Monthly closing of accounts/entries for provisions, accruals and claims.
- Financial Reporting as per Accounting Standards
- Tender verification
- Ledgers scrutiny of accounts.
- Bank reconciliation; Debit Notes/Credit Notes; Journal entries
- Verification of customers/suppliers reconciliation
Statutory Audit and Tax Audit
- Ledger Scrutiny
- Comparative Analysis of Financials
- Schedule V Compliance Checking
- Income Tax Act Compliance checking
- Companies Act Compliance checking
- Finalisation of financial statements
- Preparation of Tax audit report and CARO
- E-filing of annual return of companies
Others
- VAT and Service tax returns and payments, Income tax returns, filing of Registrar of Companies (ROC) returns,