DEVANSHI DESAI
Audit Analyst
Summary
Audit and risk management professional with experience in on-site and off-site audit engagements, inventory audits, and compliance reviews (GST, PF, PT, TDS, TCS, ESIC). Adept at evaluating internal controls, developing risk mitigation strategies, reconstructing trial balances, and reconciling financials with general ledgers. Known for detail-oriented execution, leadership in audit teams, and delivering clear, actionable reports that enhance compliance and financial health.
Overview
2
2
years of professional experience
2030
2030
years of post-secondary education
Work History
Audit Analyst
BSR & Co. LLP
06.2023 - Current
- Conduct statutory and interim audits for major clients (e.g., HUL, GPL) and Verify statutory dues workpapers for GST, PF, TDS, TCS, PT, and ESIC & find gaps &
inconsistencies - Perform inventory audits, compliance checks, and substantive testing at warehouses, factory outlets of clients.
- Reconstruct trial balances and reconcile financial statements with general ledgers.
- Develop and implement risk policies to enhance operational integrity.
- Prepare audit reports that support financial accuracy and regulatory compliance.
- Identify and manage nullifying entries, which significantly contribute to the
optimization of audit processes - IFC Control Testing - Testing Controls for Business Process - Revenue, Procure To Pay, Treasury and Payroll areas with respect to RCM ( Risk Control Matrix )
- Audit of bank reconciliation statements, assisting with bank confirmations,
verification of statutory dues - Perform subsequent vouching of other income and expense
- Performed detailed review of Financial Data to identify discrepancies, trends and
Significant variances providing insights to improve financial performance - I performed data analysis, data sampling and sanitization , TB reconstruction while working on the IDEA tool.
- Documenting all the results of Internal Audit work, considering design and implementation of controls in accordance with the requirements of the Internal
Audit concepts and Methodologies.
Education
Bachelor of Commerce - Commerce
Somaiya Vidyavihar University
01.2020 - 01.2023
Postgraduate Degree - Accounting and Finance
Welingkar Institute of Management
Skills
- Microsoft Excel
- Microsoft Word
- Microsoft PowerPoint
- Risk Management
- Audit Engagements
- Financial Reconciliation
- Compliance Checks
- Internal Controls Evaluation
- Reporting
- Outlook Essential Training (Microsoft 365)
Accomplishments
- Kudos Appreciation Award, BSR & Co. LLP, Recognized for exceptional performance in client audits, demonstrating outstanding attention to detail, timely delivery, and proactive issue resolution.
- Led Audit Engagements for High-Profile Clients, Successfully managed key audit processes for major clients like HUL, ensuring compliance with statutory requirements and delivering actionable insights.
- Developed Risk Mitigation Strategies, Created and implemented internal control evaluations and mitigation plans that improved operational integrity and reduced compliance risks.
Timeline
Audit Analyst
BSR & Co. LLP
06.2023 - Current
Bachelor of Commerce - Commerce
Somaiya Vidyavihar University
01.2020 - 01.2023
Postgraduate Degree - Accounting and Finance
Welingkar Institute of Management
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