CA Mehul Suthar

Experience

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  Deloitte

  May 2023 - now

  Assistant Manager

  - Analyzed current accounting policies and practices as part of group reporting and prepared standalone and consolidated financial statements, including notes to accounts and statutory disclosures. - Prepared and consolidated financial statements from the trial balance level, ensuring compliance with accounting standards and disclosure requirements. - Gained experience in Ind AS transition engagements, including corporate guarantee accounting, revenue and lease assessment and calculation, and GAAP analysis from Accounting Standards to Ind AS. - Calculated materiality thresholds and prepared Analytical Review (AR) documents by identifying planning variances and understanding industry and business trends to drive audit efficiency. - Delivered financial statements for a Record-to-Report (R2R) engagement with a renewable energy client, handling revenue recognition, purchase and provision accounting, survey number-wise tracking of lease payments for ROU creation, computation of inter-corporate deposit interest, and month-end and quarter-end financial closing, systematically maintained on a profit-center basis. - Performed ratio analysis, debtor and creditor reconciliations, aging schedules, desktop reviews of significant accounts, and reviewed CARO applicability for statutory compliance. - Conducted stock audits for manufacturing units and concurrent audits for banks, ensuring adherence to internal controls. - Reviewed warranty processes for a commercial vehicle manufacturer, including SOP and process flow evaluation, interviews with dealers and process owners, validation of warranty adequacy, and benchmarking with other OEMs. - Delivered BRSR advisory services, assisting clients in collating and consolidating data for Business Responsibility and Sustainability Reporting drafts and disclosures. - Worked on non-environmental KPIs for assurance clients, focusing on human resources, governance, and social and financial metrics. Show less