Shivam Goel

Experience

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  Pravesh Jain & Company

  Feb 2011 - Aug 2011

  Article Assistant

  • Conducted vouching and verification, Stock audit, taxation related work etc.• Conducted Statutory bank branch audit of J&k bank, Jammu and Srinagar.• Conducted special assignment of TDS at UCO bank.• Stock Audit of an accountholder of UCO bank, Panipat• Internal audit of real estate company.

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  Tirlok sushil & Co.

  Sept 2011 - Mar 2014

  Article Assistant

  •Drafting audit reports including CARO.•Review of source documents to ascertain compliance with internal control procedures•Conducted & manage taxation mattersincluding income tax returns, TDS, Service tax, assessments, appeals, Drafting reply of show cause notices and dealing with ITO's.•Finalisation of statutory books of accounts/book keeping etc.•E- Filing of ROC Annual Returns & Annual Reports in MCA 21.•Conducted Statutory Audits of manufacturing sectors covering:*Test of details (TOD) of all expenses, incomes, assets & liabilities*Compliances review of statutory dues.*Review of Related party transactions*CARO Reporting*Physical verification of inventory/Stock take*Ledger Scrutiny*FAR Audit (Addition/Deletion & Depreciation) etc . Show less

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  SS Kothari Mehta & Co

  Dec 2015 - Feb 2022

  • Independent review of systems, business and its processes, risk management, governance and operating effectiveness of internal controls pertaining to audit areas.• Involve in walk through process w.r.t. ERP system such as SAP.•Be a part of meeting with Top management for presentation of reports including key observations and suggested controls.•Adherence to legal & regulatory requirements, policies and procedures and implementation of suggested controls in last audit report through Action Taken Report.•Preparation of Narratives through discussion with management & system walkthroughs.•Preparation of Risk Control Matrix (RCM) to identify the risk involved in various processes.•Testing of Controls considering the sample size as per guidance note issued by ICAI.•Preparation of Gap tracker as identify during the testing stage and communication of the same with the management.• Conducted Secretarial Audit and Compliance review - GST, Income Tax, TDS, PF etc.Major Sector/Industry Covered: Sugar, Infrastructure toll Project, Closures, Textile, Chemicals, Power, EPC, Cement, Industrial belts and air spring, Auto parts, Charitable trust etc. Show less •Conducted and managed Internal Audit, Statutory Audits•Preparation of Point of Attention (POA) and Audit reports as per reporting requirements to ensure correct and adequate disclosure in financial statements. •Finalization of Balance sheets and Statement of profit and loss as per the Companies Act, 2013 and conversion of IGAAP financials into Ind AS financials.•Drafting Notes to accounts and IND AS disclosures•Preparation of audit deliverables (POA / Audit reports). Major Sector/Industry Covered: Cement, Construction, infrastructure, Power etc. Show less • Conducted Limited review, Statutory audit, Stock take and tax audit of listed and unlisted clients. •Taxation: Conducted tax audits under section 44AB of Income Tax Act, 1961. Computed income tax of individual, firm and companies and filing GST and Income tax returns.•SOP Drafting: Drafting of Standard Operating Procedures that should be in place to ensure that service/products are delivered consistently with quality standards.•Physical Verifications: Conducted physical verification of various stocks and assets of various organization so as to reconcile the item lying at the premises with the information system data.Major Sector/Industry Covered: Textile, Automobile, Digital payment solution services etc. Show less

  • Assistant Manager-Audit

    Sept 2021 - Feb 2022

  • Senior Audit Executive

    Apr 2018 - Aug 2021

  • Executive-Audit

    Jul 2017 - Mar 2018

  • Junior Executive- Audit

    Dec 2015 - Jun 2017
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  KPMG India

  Mar 2022 - Oct 2022

  Consultant

  ~Conducted independent reviews encompassing systems, business processes, and risk management to evaluate governance and operational effectiveness of internal controls within audit domains. ~Participating in walkthrough procedures, articulating audit findings with precision regarding identified deficiencies, root causes, their impacts, and recommending actionable plans for remediation. ~Engaging in discussions with senior management to present comprehensive reports, highlighting key observations and proposing control enhancements. ~Ensuring compliance with legal and regulatory mandates, organizational policies, and procedures, and overseeing the implementation of recommended controls outlined in prior audit reports through Action Taken Reports. ~Crafting Standard Operating Procedures (SOPs) to establish consistent delivery of services/products in alignment with quality standards. Show less

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  CWT

  Oct 2022 - now

  Finance Manager

  ~ Proficient in the preparation of statutory and provisional financial statements in compliance with relevant financial reporting standards.~Facilitating seamless coordination of audit assignments with both internal and external stakeholders. ~Managing quarter/month-end close procedures for both statutory (Domestic ) and management (HFM-Global) books. ~Ensuring accurate recognition of revenue and expenses, adhering to designated cost centers. ~Overseeing the review and approval process for various monthly balance sheet schedules and reconciliations. ~Conducting thorough monthly and quarterly Balance Sheet Reviews (BSR), analyzing variances in Profit & Loss (PL) and Balance Sheet (BS) items, and presenting significant variances and observations to management.~Performing analytical reviews of trial balances and ledger scrutiny, taking corrective actions for any anomalies identified. ~Forecasting weekly cash flows for effectively managing working capital. Show less