CA. AKASH JAIN

Experience

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  Adiva Hospital

  Nov 2011 - Apr 2015

  Account Officer

  • Internal Control Oversight: Ensured the proper implementation and follow-up of internal control procedures.• Financial Finalization: Successfully finalized the books of accounts, maintaining accuracy and compliance.• Financial Reporting: Provided monthly reporting of profits and losses to the management, facilitating informed decision-making.• Accounting and Reconciliation: Managed General Ledger (GL) accounting and conducted bank reconciliations.• Tax Compliance: Dealt with notices issued by Income Tax and Sales Tax Authorities. Prepared and filed TDS and VAT returns, ensuring accurate deduction and timely deposition of TDS.• Audit Coordination: Coordinated with statutory auditors for the smooth conduct of statutory audits.• Payroll Management: Oversaw payroll management for a workforce of 3000+ employees, ensuring accurate and timely salary processing. Show less

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  G Tone SolutionsLLP

  May 2015 - Jun 2019

  Finance controller

  • General Ledger Oversight: Ensured proper GL accounting practices to maintain financial accuracy and compliance.• Taxation and Compliance: Managed the preparation and filing of GST and income tax returns. Oversaw the income tax return filing for firms and companies through M/s Naveen Associates, Chartered Accountants.• Accounts Payable and Receivable: Controlled and managed accounts payable and accounts receivable.• Payroll and Deductions: Processed monthly payroll and verified payroll deductions.• GST Compliance: Calculated GST and submitted timely GST Returns for UP, Delhi, and Haryana.• Inventory Management: Controlled inventory across 18 counters, optimizing stock levels and turnover.• Cost Analysis: Conducted cost variance analysis and calculated per-piece uniform costs for newly acquired schools.• Sales Strategy: Advised on discount schemes to boost sales during non-seasonal periods. Provided monthly MIS reporting, participated in budgeting, and forecasting.• Financial Reporting: Finalized books of accounts according to Ind AS and ensured TDS compliance.• Internal Controls: Implemented internal control procedures to enhance operational efficiency.• Government Liaison: Liaised with government authorities for licensing and certification requirements.• Team Management: Managed a team of four members, overseeing roles including Cashier, Customer Support, Inventory Incharge, and Production Manager.• Recruitment: Conducted interviews to hire candidates for various departments within the firm. Show less

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  BBW Business Services Pvt Ltd.

  Jul 2019 - Mar 2020

  Account Manager

  • Income Tax Returns: Proficiently prepared income tax returns for a diverse range of clients, including companies, individuals, partnerships, and trusts.• Financial Statement Preparation: Skillfully generated financial statements for various Australian entities, such as proprietorships, partnership firms, companies, and trusts.• General Ledger Management: Effectively oversaw General Ledger (GL) accounting to maintain financial accuracy and compliance.• Client Communication: Established direct communication channels with Australian clients, promptly addressing queries that arose during tasks to ensure client satisfaction.• Team Leadership and Quality Assurance: Successfully managed a team of three members, conducting regular reviews of their work to ensure consistent high-quality output.• Direct Reporting: Reported directly to the Deputy Director, contributing to effective decision-making and collaboration within the organization.• Recruitment: Conducted interviews to hire candidates for junior accountants profile. Show less

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  NexZen accounting

  Jul 2020 - Oct 2020

  Senior Tax Accountant

  • This company works as back office support for NEXZEN ACCOUNTING PTY LTD (Australia) and provides advisory, financial planning, accounting, superannuation, corporate compliance taxation, Workcover services to Australian clients only.• Financial Statement Preparation: Proficiently prepared financial statements for various Australian entities, including proprietorships, partnership firms, companies, and trusts.• General Ledger Management: Successfully controlled General Ledger (GL) accounting to maintain financial accuracy and compliance.• Client Communication: Established direct communication channels with Australian clients to promptly address queries and provide solutions during tasks.• Team Leadership and Quality Assurance: Managed a team of two junior accountants, conducting regular reviews of their work to ensure consistently high-quality output.• Direct Reporting: Reported directly to the Partner, contributing to effective decision-making and collaboration within the organization. Show less

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  Mynd Integrated Solutions Pvt. Ltd.

  Nov 2020 - May 2021

  Deputy Manager

  • Monthly Profitability Analysis: Regularly analyzed business profitability on a monthly basis, collaborating with team leaders from various segments to provide actionable insights for future decision-making.• Financial Compliance: Conducted monthly book reviews to ensure accurate accounting practices aligned with IND AS (Indian Accounting Standards).• Budgeting and Projections: Spearheaded the preparation of revenue and cost budgets, offering comprehensive projections for all business segments.• Team Management: Managed a team of three members, overseeing their work to maintain high-quality output.• Direct Reporting: Reported directly to the General Manager - Finance. Show less

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  Global FPO

  Jun 2021 - Aug 2022

  Manager

  • Financial Statements Preparation: Prepared financial statements for both US and Canadian clients.• Audit Planning and Reporting: Developed audit plans, checklists, and document requirements for comprehensive financial statement verification. Produced audit reports, including annexures.• Client Collaboration: Conducted weekly meetings directly with clients to discuss audit progress and address concerns.• Regulatory Expertise: Conducted 401(k) audits in compliance with US regulations and company audits following US GAAP standards.• Derivatives Valuation: Managed quarterly valuation of derivatives.• Quality Assurance: Reviewed and finalized month-end account books prepared by junior staff.• Client Communication: Maintained direct communication with US and Canadian clients and CPAs to ensure assignment completion within deadlines.• KPI Reporting: Prepared Key Performance Indicator (KPI) reports and provided in-depth analysis to clients.• Bookkeeping Correction: Rectified and aligned the bookkeeping records of new clients with accounting principles.• US GAAP Compliance: Prepared financials for companies adhering to US Generally Accepted Accounting Principles (GAAP).• Compilation Engagement: Created Compilation Engagement Reports for Canadian clients.• Team Management: Managed a team of 4 members, overseeing their work and ensuring quality work.Recruitment: Conducted interviews to hire candidates for junior accountants profile. Show less

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  Crowe Horwath IT Services LLP

  Sept 2022 - now

  Senior Audit Assistant

  • Captive Insurance Segment: Worked with US clients in the Captive Insurance segment, specializing in accounting principles and audit support.• Financial Analysis and Audit Support: Conducted routine financial review and analysis, assisting field auditors by preparing work papers, audit schedules, and addressing review comments and feedback.• Data Management: Managed data collection and processing, including downloading information from clients, ensuring formulaic accuracy in financial analyses, and comparing them to client records. Maintained task deadlines and handled correspondence, including follow-up and basic quality assurance.• Audit Expertise: Executed audit testing procedures across multiple areas, encompassing Equity, Cash, Accounts Payable, Notes Receivable, Premiums (Direct, Assumed, and Ceded), Fixed Assets, Other income and expense analysis, Federal Tax Provision, and Losses & Loss adjustment expenses.• Audit Planning and Supervision: Participated in audit planning and rollforward activities. Supervised two audit assistants, including reviewing their audit testing work.• Premium Deficiency Reserve Calculation: Accurately calculated Premium Deficiency Reserves as part of financial analysis.• Collaboration and Advisory: Collaborated directly with US staff to resolve queries and provided valuable insights for enhancing audit procedures and workpapers. Show less