Summary
Overview
Work History
Education
Skills
Websites
Accomplishments
Affiliations
LANGUAGES
SOCIAL NETWORKS
Timeline
Generic
Rishav Modi

Rishav Modi

Summary

Dynamic Chartered Accountant and seasoned Financial Management professional with extensive expertise in accounting processes, systems oversight, and compliance reporting. Proficient in MIS, R2R, AP/AR, contract administration, taxes, and budgeting, ensuring effective execution of all financial operations. Proven track record of implementing robust accounting systems and controls while fostering high-performing teams that maintain accurate and compliant financial structures. Strategic leader with a strong analytical approach to business planning, efficiently resolving day-to-day challenges.

Overview

12
12
years of professional experience

Work History

Manager, Business Process Solutions

Grant Thornton
Noida, India
09.2025 - Current
  • Facilitated comprehensive account management for a key client at Grant Thornton, integrating services across 28 business entities throughout Europe, UK and US.
  • Established processes and finalized deliverables for MIS timelines, R2R, O2C and P2P, banking, property accounting, intercompany management, VAT and Sales tax.
  • Achieved recognition through a spot award from partner within three months of joining firm for enhancing client deliverables.
  • Leading a team for 13 people
  • Assessed potential candidates through 15 interviews, contributing to the selection of qualified new employees.
  • Conducted thorough comparisons of local GAAP and IFRS audit adjustments to maintain accurate financial records.

Assistant Manager - Corporate Accounting

Escalon Business Services Private Limited
Mohali
06.2022 - 09.2025
  • Managed the company's largest client in terms of billable hours, while simultaneously overseeing financial operations for 30+ mid-sized firms and startups, ensuring high-quality service delivery and client satisfaction across the portfolio.
  • Leading a team of 15+ members.
  • Managed R2R, O2C, P2P, and inventory costing, and automated various processes that lead to the reduction of man hours, achieving more accuracy and efficiency.
  • Led implementation of ASC-606 (Revenue Recognition) and ASC-842 (Lease Accounting) standards across various client accounts.
  • Month and year end closing of books - including consolidations.
  • Assisting in preparation of reporting as per US GAAP; successfully finalised the audited financial statement with Big 4 for BOD and Banks.
  • Preparation and filing of various Sales & Use Tax returns, 1099, 3921 and other State Business Tax Returns.
  • Oversaw weekly cash flow forecasting and management to ensure adequate liquidity and financial control on various clients.
  • Inventory Accounting including timely calculation of standard cost and Purchase Price Variance analysis with collaboration of Procurement/Supply Chain team.
  • Worked closely with 3PL providers and internal operations teams to manage inventory, resolve discrepancies, and maintain accurate stock records.
  • Help the clients in building the internal controls.
  • Negotiated with clients to secure better prices, improving profit margins.

Assistant Team Leader

Escalon Business Services Private Limited
Mohali
05.2021 - 02.2022

Assistant Executive- Finance and Accounts

Arihant Spinning Mills (Unit of Vardhman Textiles Ltd.)
Punjab, India
07.2019 - 04.2021
  • Handled GST returns, GST reconciliations, GSTR-9 and 9C data for EY, recovery of GST credit from vendors, export refunds, GST summons, and VAT assessments for FY 2015-16 and FY 2016-17.
  • Profit and Loss/Balance Sheet (as per Ind AS) closing for months, quarters, and years, and all the analysis work relating to that (working in SAP).
  • Coordinating with different stakeholders on a monthly and quarterly basis to track the Budget vs. Actual and understanding the reason for deviations.
  • Analysed the reasons for the increase in expenses for the past five years, improved the system of recovery from customers under DACC-Mode of Delivery, and data-making as demanded by the Export Council of the Yarn Industry for the purpose of RoDTEP.
  • Handled legal cases and analysed the cases for opting SVLDRS Scheme.
  • Handled the requirements of Tax Auditors, Internal Auditors, and Statutory Auditors (Deloitte).
  • Handled the capitalisation work, vendor reconciliation, and R2R process.

Auditor Assistant

Jain and Anil Sood (CA Firm)
Ludhiana, India
01.2018 - 09.2018
  • Handled Statutory Audits of branches of Union Bank of India.
  • Filing of GST Returns and made modifications in the procedure of MRN's, Income Tax Returns.
  • Preparation of various types of forms like Form-26A, and AOC-4.
  • Handled Income Tax Cases and GST notices.
  • Assisted in the Internal Audit of King Exports, DMC Hospital.
  • Handled Statutory and Tax Audits of different industries. Some of the Major Sectors are:- Pharmaceutical Industry, Textile Industry and Steel Industry.

Professional Training

Kumar Ashish and Co.
Sangrur, India
09.2013 - 09.2016
  • Assisted in tax, statutory audits, internal audits, and stock audits of different types of entities.
  • Assisted in Bank Audits - Concurrent and Statutory of Bank of India, Punjab & Sindh Bank, IS Audit, and Revenue Audits.
  • Preparation and filing of Income Tax returns, Service Tax returns, and VAT returns.
  • Book-keeping, analysis, auditing of Financial Statements of various entities, and preparing various Project Reports.
  • Bookkeeping of an Australia-based firm.

Education

CA - Final -

ICAI
New Delhi, India
11.2017

Bachelor of Commerce - undefined

Panjab University
Chandigarh, India
01.2015

CBSE XII - undefined

Dayanand Public School
Nabha, Punjab
01.2012

CBSE X - undefined

Dayanand Public School
Nabha, Punjab
01.2010

Skills

  • SAP
  • Oracle Netsuite
  • Microsoft Dynamics
  • Quickbooks Certified User
  • Billcom Certified User
  • Expensify Certified User
  • Tipalti
  • Avalara
  • Advance Excel
  • Tally ERP 90
  • Sapphire
  • Finacle
  • Blackline

Accomplishments

  • Awarded Employee of the Month in recognition of exceptional client feedback and successful completion of Sales Tax Audits with the Texas and California State authorities, securing favorable outcomes for the client in previous company.
  • Strong interpersonal relationship with clients, which eventually helped in cross-selling of other Business streams.
  • Segment reporting to track the performance of each product line.
  • Internal Audits of books identified the embezzlements and implemented necessary controls to halt it.
  • Awarded with Spot Award from Partner- Grant Thornton within just three months of joining the firm.

Affiliations

Member, Institute of Chartered Accountants of India.

LANGUAGES

Punjabi: First Language
English: C2 Proficient
Hindi: C2 Proficient

SOCIAL NETWORKS

https://www.linkedin.com/in/ca-rishav-modi-04bb6986

Timeline

Manager, Business Process Solutions

Grant Thornton
09.2025 - Current

Assistant Manager - Corporate Accounting

Escalon Business Services Private Limited
06.2022 - 09.2025

Assistant Team Leader

Escalon Business Services Private Limited
05.2021 - 02.2022

Assistant Executive- Finance and Accounts

Arihant Spinning Mills (Unit of Vardhman Textiles Ltd.)
07.2019 - 04.2021

Auditor Assistant

Jain and Anil Sood (CA Firm)
01.2018 - 09.2018

Professional Training

Kumar Ashish and Co.
09.2013 - 09.2016

Bachelor of Commerce - undefined

Panjab University

CBSE XII - undefined

Dayanand Public School

CBSE X - undefined

Dayanand Public School

CA - Final -

ICAI