Yamala Jagadeesh

Audit Senior

EY GDS - Assurance

01.2022 - Current

Coordination and execution of the monthly close process in line with both US GAAP reporting and internal business requirements by preparing and posting journal entries.
Profound knowledge in the preparation of financial statements in accordance with applicable accounting standards (IFRS and US GAAP).
Lead and oversee a team of 10+ professionals in executing risk-based external audits in Asset Management vertical.
Assist in developing an audit plan by conducting a comprehensive risk assessment of financial statement accounts to identify key areas of focus and ensure an effective audit approach.
Conducted thorough reviews of financial statements and performed recalculations for partner capital allocations, ensuring accuracy and adherence to internal policies.
Managed the allocation of management fees and incentive fees, optimizing financial reporting processes.
Executed cash and custody testing procedures including valuation to verify the accuracy of financial records and safeguard assets.
Performed detailed testing procedures on realized and unrealized gains and losses, dividend and interest income, ensuring accurate reporting in financial statements in accordance with accounting standards.
Executed tests of controls to assess the operating effectiveness of controls and identify control gaps, supporting robust risk management.
Developed and maintained GAAP compliance checklists to streamline audit procedures and enhance efficiency.
Involved in the significant areas of reporting which included the audit reports, letter of representation, Engagement Letter, setting up the materiality, Identifying the significant.
Collaborated with fund administrators/fund accountants or service organizations to obtain necessary audit data and resolve issues that arise during the audit process
Collaborated with custodians to obtain confirmation requests.

Similar Profiles