Manish Phalwaria
Gurugram,India
Summary
Audit professional with 11 years of extensive experience in statutory audits, accounting advisory, SOX compliance audits, group reporting, interim reviews, and certifications across diverse industries including mining & exploration, FMCG, technology, and retail. Skilled in leading, coordinating, and managing audit engagements with a strong emphasis on identifying accounting and regulatory compliance issues under US GAAP and PCAOB standards.
Overview
11
11
years of professional experience
Work History
Senior Manager
International Shared Support Centre
01.2025 - Current
- Led a diverse team of 40–45 professionals across multiple service lines, primarily focusing on US audit clients to ensure cohesive delivery and high-quality outcomes.
- Spearheaded accounting advisory initiatives, providing expert guidance on complex US GAAP topics such as revenue recognition (ASC 606), lease accounting (ASC 842), and financial instruments, supporting adoption through detailed technical research and training programs.
- Conducted comprehensive quality reviews of audit documentation to enhance compliance with PCAOB standards and improve the overall client and reviewer experience.
- Developed and delivered technical updates, knowledge resources, and best practice presentations to promote consistency and excellence in audit execution.
- Collaborated closely with onshore engagement managers to establish clear expectations, align deliverables, and maximize value for clients.
- Provided ongoing coaching, performance feedback, and development support to staff and senior team members, fostering continuous learning and skill enhancement.
- Cultivated strong working relationships with key stakeholders across US engagement teams to streamline communication and drive efficient project execution.
Manager
International Shared Support Centre
11.2023 - 12.2024
- Managed a team of 15–20 members across two major US onshore audit clients, each involving multiple audit engagements throughout the year.
- Oversaw engagement planning, execution, and review processes, ensuring high-quality deliverables and adherence to PCAOB and US GAAP standards.
- Provided technical guidance on complex accounting areas such as revenue recognition (ASC 606), lease accounting (ASC 842), financial instruments, and business combinations.
- Supported US audit teams through technical research, preparation of accounting position papers, and delivery of training sessions to ensure consistent application of US standards.
- Conducted quality reviews of audit documentation to strengthen compliance, enhance audit efficiency, and improve overall client experience.
- Delivered performance feedback and mentorship to AMs, seniors and staff, promoting team development and audit excellence.
- Maintained strong working relationships with US-based engagement managers and key stakeholders to align on expectations and ensure seamless service delivery across audit cycles.
Assistant Manager 2
PwC Service Delivery Center
10.2022 - 11.2023
- Managed audit projects of various private companies of St. John & Halifax market of Canada.
- Major clients handled were operating under IFRS and ASPE framework.
- Managed team of 8-10 professional to ensure timely and quality delivery of tasks assigned by engagement team.
- Successfully developed Alteryx workflows for audit analysis, including data extraction, transformation, risk assessment, anomaly detection, and financial statement analysis, while proactively enhancing the team's technology usage by fully leveraging analytics tools like Halo, IDEA, Power BI, and Tableau to optimize audit processes and increase technology hours Have proactively worked opportunities to increase billable hours by leveraging insights from discussion with the management and PwC onshore advisory team.
Assistant Manager
Grant Thornton India
04.2021 - 10.2022
- Managed audit of one of the major telecommunication client and led team of 8 professionals while ensuring timely reporting of financial statement by adhering to statutory audit timelines.
- Performed SOX audit and group reporting of various entities under IFRS and USGAAP framework.
- Major clients handled: Times Internet Limited, Mayur Uniquoters Limited
Senior Executive
S.R. Batliboi & Associates LLP (EY India)
11.2019 - 04.2021
- Conducted statutory audits of standalone and consolidated financial statements, group and SOX reporting, ensuring compliance with INDAS and US GAAP.
- Gained experience in SOX audits, focusing on internal controls, financial reporting, and risk management.
- Performed group reporting for a major beverage FMCG company under the IFRS framework.
- Engaged in the process of performing comprehensive limited reviews of financial statements of the listed entities
- Major Clients audited: HT Media, Coca-Cola, Vardhman Yarns, Harvest Gold, Louis Dreyfus.
Client Support Specialist
S.R. Batliboi & Associates LLP (EY India)
08.2017 - 11.2019
- Led planning and execution of statutory audits across multiple industries, ensuring timely delivery in line with regulatory deadlines.
- Identified control deficiencies during audit fieldwork and provided recommendations to improve internal processes and compliance.
- Coordinated with cross-functional teams and client stakeholders to resolve audit issues and finalize audit deliverables.
- Performed walkthrough and control testing under SOX 404 requirements, documenting key processes and control matrices.
- Collaborated with internal audit teams to assess operational effectiveness of controls and process improvements.
- Managed a team of junior auditors, overseeing work allocation, performance review, and technical training.
- Served as a key point of contact for audit clients, fostering strong client relationships and ensuring satisfaction with audit services.
- Prepared audit documentation in line with firm methodology and regulatory standards, ensuring quality and consistency in audit workpapers.
Articled Assistant
S.R. Batliboi & Associates LLP (EY India)
08.2014 - 08.2017
- Served as a high-performing CA Article at EY India, entrusted with independently handling audit locations from the second year of articleship.
- Served as the primary liaison for key clients and began mentoring junior team members early in my tenure.
- Benefited from strong mentorship and hands-on experience, which helped develop a solid technical foundation, critical thinking ability, and a questioning audit mindset.
- Led the preparation of consolidated analytical reviews for limited review engagements and regularly collaborated with partners for review and sign-off of my work.
- Acted as a key support to the audit manager, effectively managing responsibilities to optimize their bandwidth and earning a high level of trust and reliance on my deliverables.
Education
CA -
The Institute of Chartered Accountants of India (ICAI)
11-2019
B. Com (Hons.) -
Shri Ram College of Commerce, University of Delhi
05-2014
Skills
- External Audit
- Client Relationship
- Team Management
- Team Engagement
- Quality Control
- Data Analytics
- Accounting Advisory
- SOX Audit
- Financial Statement Analysis
- US based Accounting Software (Quickbooks, NetSuite, Sage Intacct, SAP etc)
Languages
English
Full Professional
Hindi
Full Professional
Timeline
Senior Manager
International Shared Support Centre
01.2025 - Current
Manager
International Shared Support Centre
11.2023 - 12.2024
Assistant Manager 2
PwC Service Delivery Center
10.2022 - 11.2023
Assistant Manager
Grant Thornton India
04.2021 - 10.2022
Senior Executive
S.R. Batliboi & Associates LLP (EY India)
11.2019 - 04.2021
Client Support Specialist
S.R. Batliboi & Associates LLP (EY India)
08.2017 - 11.2019
Articled Assistant
S.R. Batliboi & Associates LLP (EY India)
08.2014 - 08.2017
CA -
The Institute of Chartered Accountants of India (ICAI)
B. Com (Hons.) -
Shri Ram College of Commerce, University of Delhi
Awards
ISSC Inspirational Leader Award, ISSC Luminary Award, EY Excellerator Award (Quarterly Best Performance), EY Kudos Award (Twice for Monthly best Performance), CBSE Scholarship, District Level Badminton Player
Hobbies and Interests
Badminton, Photography, Bhangra Dance, Poetry, Cricket
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