CA Sahil Ratta

Experience

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  M.L. Puri & Co

  Jul 2007 - Aug 2012

  During Article ship significant exposure is possessed in the areas of Statutory Audit, Internal Audit, Bank Audit, Tax Audit, VAT Audit, Accountancy work and Taxation related matters.I underwent various assignments with different companies where my work included-1. Compliance with requirement of Schedule 6 of Companies Act, 19562. Drafting Audit Reports as per CARO, 20033. Compliance with Accounting Standards & other statutory requirements4. TDS compliance & returns5. Finalized & Prepared VAT Audit Reports & VAT Returns6. Checking of day to day operations of banks and verification of Advances & NPAMajor Clients & Companies (Audits Performed)-• Bank of Baroda• Bharat Heavy Electricals Ltd• GAIL (INDIA) Ltd• Nuclear Power Corporation of India Limited Show less

  • Audit Associate

    Jan 2012 - Aug 2012

  • Article Assistant

    Jul 2007 - Dec 2011
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  Ankit Maheshwari & Associates

  Sept 2012 - May 2013

  Internal Audit & Oracle ERP Functional Consultant

  During this tenure I was involved in rendering Audit, Assurance, Project Finance and ERP related services to our clientsSome of the key assignments undertaken are-Internal Audit-Client- Continental Engines Limited, Banswara Syntex Limited Thermal Power Plant, RIICO and Assam Edibles Oils LimitedWork Done-• Development and dynamic maintenance of IC Checklist and IC Questionnaires• Conducting audits as per a pre-defined audit plan, covering all aspects of business operations with specific emphasis on Procurement Process and controls• Assist in defining audit plans, programs, techniques, procedures and frequency covering all aspects of business operations• Checked the compliance of management policies and reviewing financial statements to ensure compliance with local statute and reporting frameworksProject Finance-Client- Giriraj Minerals Private Limited and A Class Marbles Pvt LtdWork Done- Preparation of Financial Statements and CMA data for Project FinancingOracle ERP R12-Client-• Schreiber Foods Inc, Green Bay, WI, USA• Barnes & Noble Booksellers, USAWork Done-• Worked on Oracle Financials offshore support & enhancements related work and prepared the functional design document (MD.50) and testing document (TE.40)• Interacted with the business users, functional team and development team for resolving the issues Show less

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  Ballarpur Industries Limited - India

  Jun 2013 - Sept 2014

  Assistant Manager in Corporate Audit Services (Internal Audit)

  In this company i have worked on rendering internal audit of various processes for our group company’s i.e BILT, BGPPL, PTIL, P3, AHL etc.• Development and dynamic maintenance of IC Checklist and IIR• Conducting audits as per a pre-defined audit plan, covering all aspects of business operations with specific emphasis on identifying risk areas & their implications• Prepared audit reports & presentations for ARM & ACM• Preparing Pre Audit Report of every month of Head Office of BILT & AHL• Working as coordinator for 6 manufacturing plants of BILT/BGPPL regarding consolidation & finalisation of pre audit reports on monthly basis• Working as coordinator for 3 locations/plants each of AHL & BTTL regarding consolidation & finalisation of pre audit reports on quarterly basis• Checked compliance with SOP of contracts along with DOAM• Checked contract terms along with appropriate supporting available for same• Working as coordinator for Unit SGU & in department for all issues related to IT across all units• Presenting detail of issues not addressed in DOAM, TE Policy & other policies to VP- Internal Audit Show less

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  HDFC Bank

  Sept 2014 - now

  Working as Area Credit Manager Unsecured Loans in HDFC Bank

  • Managing Team size of 24 Credit Managers doing underwriting of more than 5000 files per month having processing value of more than 250 crore and 90 off role staff for managing monthly processing of 40000+ PL Files PAN North.• Managing Portfolio of 1900 crore with 30+ and 90+ in control. Lowest PAR error rate PAN India of team.• Having self CAD of 25 lacs at L3 level in PL and BL.• Reviewing Early Mortality Rate, Rejection analysis, Pending % & Approval % as per bank’s benchmark.• Regular interaction & training to sales team, branches & DSA’s for reducing errors as well as faster processing / decisioning of files with best TAT.• Proper resolution of Non Starters with Zero Net Non Starters every month.• Regular interactions and feedbacks shared with process, product and policy team for improvement in policy and process. Show less