Midhun Varghese

Senior Accountant & Auditor

HLB Hamt - Audit, Tax And Advisory

01.2014 - Current

Reviewed documents and accounts for discrepancies and resolved variances.
Collected and reported monthly expense variances and explanations.
Diminished outstanding debts by analyzing accounts for issues.
Expedited payroll and invoicing by streamlining billing systems.
Optimized month-end closing procedures by streamlining workflow processes, reducing time taken from 10 days to 5 days without compromising accuracy or detail level achieved.
Evaluated and improved financial records to make important business decisions.
Used accounting software to issue tax returns and prepare consolidated reports.
Identified legal tax savings and recommended ways to improve profits.
Developed financial models to assess and analyze financial performance of clients.
Strengthened internal controls by reviewing processes, identifying gaps, and proposing improvements to safeguard against fraud or mismanagement of funds.
Reviewed business operations and obligations to help organization function at acceptable level.
Researched technical tax issues to define tax effect or impact of certain tax positions.
Improved cash flow management by closely monitoring receivables and implementing stricter credit policies.
Evaluated potential investment opportunities by conducting thorough risk assessments and return on investment analyses.
Contributed significantly towards cost-saving initiatives through meticulous analysis of expenses patterns and identification of areas ripe for optimization.
Successfully managed multiple high-stakes projects concurrently, consistently meeting deadlines while maintaining exceptional attention to detail and quality control.
Developed comprehensive budget plans for each department, collaborating closely with managers to align expenses with strategic goals.
Served as a key liaison between Finance and Operations teams, ensuring effective communication on budgetary matters and fostering cross-functional collaboration.
Prepared monthly journal entries and reconciliations.
Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.
Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
Reconciled accounts and created documents for monthly closure procedures.
Cooperated with senior leaders to create operating budgets and initiate financial planning.
Directed accounting team in timely reporting of finances for diverse client businesses.
Completed year-end closing processes with controllers and external auditors.
Spearheaded a team of junior accountants, providing mentorship and guidance to improve efficiency and accuracy in their work.
Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
Maintained integrity of general ledger and chart of accounts.
Prepared working papers, reports and supporting documentation for audit findings.
Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
Reviewed budgets and communicated discrepancies to senior management.
Recommended strategies to expedite filing projects and annual reporting.
Assisted team members in transitioning to new system through extensive training and one-on-one support.
Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.
Contributed to hiring, training and development of accounting teams.
Ensured regulatory compliance with GAAP standards by staying current on updates and integrating changes into accounting practices as needed.
Gained strong leadership skills by managing projects from start to finish.
Streamlined audit processes, improving efficiency and reducing time spent on each audit engagement.
Performed observations and evaluated supporting documents to supplement audit findings.
Ensured compliance with regulatory requirements by performing regular audits and staying up-to-date on industry standards.
Administered auditing program to address risks and evaluate compliance with regulatory requirements.
Enhanced financial accuracy by conducting thorough audits and identifying discrepancies in financial statements.
Coordinated, managed and implemented auditing projects and prepared for evaluation.
Partnered with auditors to track errors and add contributions to maintain accuracy.
Planned audits and audit activities to allocate necessary resources and determine consistency of plans with audit objectives.
Developed strong relationships with clients, building trust and ensuring a high level of satisfaction during the audit process.
Assisted clients in understanding complex tax regulations by providing clear explanations and guidance.
Interviewed business owners to understand needs and explain audit scope.
Followed established auditing processes to meet internal and regulatory requirements.
Contributed to the development of new auditing techniques, staying ahead in a rapidly evolving financial landscape.
Developed audit policies, guiding administrative and technical functions.
Identified control gaps in processes, procedures and systems through in-depth research and assessment and suggested methods for improvement.
Managed multiple concurrent audit engagements, prioritizing tasks to meet deadlines without compromising quality.
Ensured the integrity of financial reporting by verifying the accuracy of accounting records and reconciliations.
Provided detailed documentation on audit findings, facilitating swift corrective action when necessary.
Mentored junior auditors, sharing knowledge and best practices to foster their professional growth within the team.
Planned and executed follow-up audits at appropriate intervals.
Acted as a team leader in group projects, delegating tasks and providing feedback.
Learned and adapted quickly to new technology and software applications.

Summary

Overview

Work History

Senior Accountant & Auditor

Accounts & Audit Assistant

Articled Assistant

Education

CA Professional - Accounting And Finance

Bachelor of Commerce - Accounting And Finance

Skills

Accomplishments

Software

Timeline

Senior Accountant & Auditor

Accounts & Audit Assistant

Articled Assistant

CA Professional - Accounting And Finance

Bachelor of Commerce - Accounting And Finance

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