Payal Khemchandani

-Controlling overall RTR processes and month-end closing activity, complying US GAAP norms and corporate policies.

-Preparation of Financial Statements complying IFRS and applicable presentation requirements as per local law.

-Analysis of overall margin of business, product wise and Growth centre wise on monthly basis to departmental heads as compared to budget.

- Handled onsite project (Turkey) of ERP implementation and business process alignment.

-Overall monthly reporting done in One Stream software and reconciliation of account balances in blackline. Also worked on SAP for analyzing account balances and variances.

- Performed Segregation of duties (SOD) analysis as well as complied monthly control performance with business internal corporate framework policies: Sarban Oxley Act (SOX) as per US GAAP.

-Independently handled Statutory audit, Internal Audit and FCPA Audit

-Drive and assist in preparation of budgets, long range plan by consolidating & getting inputs from different departments

-Prepare, review and compare business performance with budget and previous year including variance analysis report and commentary thereon to management on monthly basis

-Monthly MIS which includes financials, receivables analysis, inter company reconciliations, analysis of inventory valuation with professional judgement, reviewing and assisting team in month end closure of accounts.

-For year end prepared depreciation and amortization schedule, restatement of foreign currency account balances, provision entries, reconciliation of gratuity with actuarial report, compensated absences and bonus, ECL working, ageing report of receivables as well as payables and 26 AS reconciliations.

-Preparation of year end financials as per Schedule III and guidance note for local reporting and in accordance with IFRS for group reporting.

-Independently handled statutory audit.

-Assisted in preparation of impairment of account balances and going concern working.

-Preparation of weekly cash flow statement.

-To assist in development of internal processes and RCMs along with operating effectiveness of controls on regular basis.

-Obtained and documented understanding of the relevant accounting processes and activities to determine the risk of material mis-statement for each audit objective and plan appropriate substantive procedures.

-Supported in the design and development of audit testing plans and programs in response to identified risks and controls; executed detailed testing to validate control understanding and operating effectiveness; reviewed and analysed appropriate documents and evidence in performance of testing.

-Used professional judgement to examine and analyse management accounts to determine an appropriate benchmark to calculate materiality for planning purposes, in consultation with engagement manager and partners.

-Evaluated the design of entity’s internal controls to determine whether the controls have been implemented and are operating effectively and performed substantive analytical procedures and test of details audit work to ensure accuracy and compliance with internal controls, accounting standards and other statutory requirements.

-Conducted audit of key areas such as Inventory valuation, Revenue recognition, analysis of payroll and finance costs, treasury, property plant and equipment.

-Examination of compliance with CARO 2016, internal audit reports, minutes and resolutions.

-Exposure in conducting Quarterly limited reviews of listed entities, statutory audit tax audits of listed as well as private limited companies.

-Engaged in the internal audit of the real estate industry.

-Assisted in cost analysis, revenue recognition, expense analysis and benchmarking of purchases.

-Review of lease and sub lease agreements.