Jay Naresh Chawla

• Oversaw the preparation, accounting, and management of the balance sheets for two holding companies within the Family Office, with an estimated value of USD 500 million.
• Collaborated closely with group Directors to oversee the operational aspects of 20 Joint Ventures and Associate Companies.
• Prepared and presented comprehensive monthly financial reports to the Chairman and CEO of the Group.
• Developed and submitted Management Information Systems (MIS) for Joint Ventures and Associate Companies to Group Directors.
• Assessed and presented funding requests to the CEO, encompassing Capital Calls, Soft Loans, and Payable Accounts for Joint Ventures and Associate Companies.
• Established effective communication channels with bankers, facilitating discussions on private equity investments, Treasury Bills and Notes, and rollover requests.
• Maintained regular correspondence with brokers, tenants, and potential buyers regarding Family Office properties.
• Compiled quarterly Investment Reports for External Investment Bankers, providing detailed analysis and identifying investment opportunities.
• Ensured accuracy by reconciling and submitting Investment and Shareholder's Loan confirmations for Joint Ventures and Associate Companies.
• Coordinated with the group treasury to facilitate operational payments for the Family Office.
• Developed and prepared monthly management packs and financial accounts.
• Executed month-end journal entries in full compliance with established standards.
• Compiled ESR Reports for the personal companies of owners.
• Generated periodic reports comparing budgeted costs to actual costs.
• Assist external accountants and auditors for 2 UK Investment Companies with the preparation of quarterly VAT returns year-end accounts and audit processes.
• Prepared VAT forms for 9 commercial clients and 2 individual clients.
• Created quarterly and yearly balance sheets to monitor financial trends and evaluate performance.
• Utilized Tally ERP 9 software to update monthly journal entries and accounts on an accrual basis including 39 major bank accounts.
• Conducted comprehensive reconciliations, ensuring accuracy and integrity of income, expenses, net worth, and assets.
• Documented all cash, credit, fixed assets, accrued expenses, and line of credit transactions with precision.
• Analyzed monthly balance sheet accounts to facilitate corporate reporting.
• Fostered relationships with external auditors, managing the audit process to deliver excellent audit reports.
• Prepared monthly bank reconciliations and compiled reports for shareholders.
• Developed long-term revenue and capital budgets for stakeholder presentations.
• Collaborated with external advisors on Corporate Tax Planning initiative
• Facilitated effective communication and collaboration with yacht managers to oversee all aspects of operations, renting, and accounting for charter operations.

• Guaranteed efficient audit execution, liaising with key stakeholders to understand business needs and operations.
• Handled client queries, providing responses within target timeframes.
• Performed statutory account preparation for audit clients.
• Assisted in the completion of audit jobs from the planning stage to finalization.
• Reviewed disclosure checklists to verify the accuracy of financial statement disclosures.
• Maximized value of audit, conducting pre and post-audit reviews to review process efficiency and identify areas for improvement.
• Completed audit planning documentation, verifying correct tests were applied to produce sufficient audit evidence.
• Preparation of Financial Statements including Cashflow Statement
• Preparation of Tax Audit Report as per Income Tax Act, 1961
• Preparation of Statement of Total income for Private companies, Firms, HUFs,
• Individuals, Trust under Income Tax Act, 1961
• Preparation of MIS report as per client's requirement
• Preparation of monthly GST returns for clients and providing reconciliation as per regulatory requirements.

Internship as per ICAI Guidelines and Protocols