ASHISH LOYA

• Responsible for timely and accurate reporting of P&L & Balance sheet with flux analysis to identify material variances
• Responsible for Balance sheet reconciliation on Monthly basis and monitoring and clearing open items
• Reviewing and monitoring transfer price for intercompany purchases to ensure it is as per agreement and review annual TP Documentation
• Monitoring of payment of AP balances and collections from customers and working capital at entity level
• Responsible for Monthly & Quarterly Withholding tax, VAT /GST and Advance tax computation and filing and SOX compliance
• Responsible for timely completion of Statutory Audit, Tax filing and addressing audit related queries.

• Responsible for timely completion of monthly book closure activities and ensure accounting process is in line with IFRS
• Trial balance analysis before book closure to ensure all posting are done and P&L and Balance sheet show true and fair view
• Review and submit ICF controls every month to ensure compliance with internal controls of the entity Preparation of management reports such as Operating working capital report with variance analysis, AR-Overdue reports by business, OPEX report and CAPEX report etc
• Preparation of Monthly/ Quarterly business review deck for management
• Preparation of yearly Budget and uploading budget in SAP Liaison with auditors for completion of statutory Audit by providing required audit related data and addressing audit queries.

• Responsible for preparing Profit & Loss Statement & Balance Sheet as per Indian GAAP/IFRS and US GAAP
• Responsible for preparing restated Financials as per Ind AS requirement
• Planning and working on monthly book closure activities as per monthly P&L close timelines Reviewing of General ledger reconciliation, Bank reconciliation statement monthly and quarterly and clearing open items
• Reviewing monthly open PO reports for accrual accuracy Responsible for timely filing of STPI returns, tax compliance and Balance sheet review for quarterly SOX compliance
• Review of Trade advances, liabilities and ensuring timely reconciliations and settlement of all advances
• Handling Revenue Recognition process as per IFRS and invoicing to the client on monthly basis based on services provided to them and resolve in case of any deviation in billing
• Analyzing variance between Actual vs
• Forecast and Actual vs
• Budget for various line items of P&L based on various Key driving factors such as Head count, Delivered hours, onsite mix, partner mix and utilization
• Preparation of Budget and Forecast model and uploading financial data and Headcount in financial tools during yearly financial planning and quarterly forecast
• Preparation of various Monthly financial performance reports and Management decks such as, Delivery margin percentage by area, Business unit wise P&L, Rhythm of business by area etc.

Worked as an Audit assistant and team member in conducting internal, Statutory and tax audits pertaining to trading and service industry.

• Finalization and consolidation of the Financial Statements, accounting policies and notes to accounts, ensuring compliance with the Accounting Standards and preparation of the Audit Report.
• Developing, planning and executing audit assignment based on client business.
• Reviewing the internal control system established by the management and preparation of internal audit report.
• Tax compliance under Direct and indirect tax laws.