Rasitha Rinosha

• Responsible for independently handling accounting activities and accounts finalization of Road Transport & Warehousing (RTW) entities of UAE and submitting monthly FCCS packs to the management on a timely basis
• Responsible for performing month-end and year end close processes, and preparing management reports by collecting data, analyzing, and investigating variances, and summarizing data and trends
• Responsible for preparing budgets and forecasts, by coordinating with the General Manager of RTW division and other Operational team members
• Prepares monthly packs including income statement, balance sheet, customer tracker, details of intercompany transactions, CAPEX and KPI reports
• Analyzes past results, perform variance analysis, identify trends, and make recommendations for improvements
• Evaluates financial performance by comparing and analyzing actual results with budgets and forecasts
• Prepares customer wise profitability reports for management review
• Prepares costing for new projects to assist business to quote appropriate prices
• Maintains fixed asset register by appropriately capitalizing assets and running depreciation, prepares PPE schedule matching with FAR & Trial Balance
• Maintains general ledgers and reconciles subledger to general ledger balances
• Prepares amortization schedule and other liabilities schedule
• Co-ordinates with Operations team, AP & AR departments and ensures that the revenue and cost for the period is properly accounted, takes accruals as required, amortize prepayments, pass necessary journal entries, and performs other accounting activities during closing process
• Ensures fuels costs for the period is properly reflecting in the books and fuel inventory is reconciled at the end of every month by collecting and analyzing the receipts and issuances reports and physical inventory reports from Operations Team
• Performs physical stock count and cash count on a quarterly basis
• Pass salary accrual JVs and other provisions based on summary data from HR team every month and ensures that the salary payment entries are properly accounted
• Ensures that all petty cash entries are accounted, prepares cash & bank reconciliation, and ensures that all relevant cash & bank entries are cleared from Cash Management (CM) Module
• Responsible for preparing Intercompany reconciliation, accounting Intercompany invoices; and ensuring that Intercompany Control Accounts are Nil and coordinating with the counterparty in case of any discrepancy
• Responsible for preparing profitability statement, raising PR & PO requests for cross charge billing, ensuring that GRN is done, invoices are booked, and payments being made on a timely basis by coordinating with Procurement team, Operations team, and AP department
• Ensures that finance costs are accounted as per schedules, loan payment entries are properly accounted, and loan balance is reconciled at the end of every month
• Preparing other ad hoc reports as required and handling other queries from the management on a timely basis
• Reviews and recommends modifications to accounting systems and procedures
• Prepares audit packs and assists during quarterly reviews and year end audits; consolidates audit schedules, and handling queries from auditors on a timely basis
• Gathering the relevant data and preparing the ICV template and other supporting information to assist the auditors during ICV Audit
• Assisting the Tax team during the quarterly VAT return filing by providing required information
• Supporting other team members and assisting them as and when required

• Statutory Audit – Involved in the Statutory Audits of entities engaged in manufacturing (auto sector) and providing IT & technical support services; Handled areas such as Payroll & Employee Benefits, Revenue, Property, Plant & Equipment, Accounts Receivables, Accounts Payables, Journal Entry Testing, Cash & Cash Equivalents, Purchases, Operating Expenses, Loans, Equity, Dues from related parties, Statutory Dues, etc.
• Group Reporting – Involved in the Group Reporting (Full Scope, Specified Procedures & Specified Account Balances) for the entities engaged in manufacturing (auto sector) and providing technical support services; Handled areas such as Reconciliation of reporting package, Variance Analysis, Revenue, Property, Plant & Equipment, Accounts Receivables, Accounts Payables, Journal Entry Testing, Cash & Cash Equivalents, etc.
• Tax Audit – Involved in the Tax Audit of an entity engaged in providing IT services
• Limited Review – Involved in the Limited Review of a listed entity engaged in manufacturing (auto sector)

Under Guidance of Mr. CA. K. Kalyanasundaram as an Articled Assistant

• Internal Audit – Handled Internal Audits of a Government (of Tamil Nadu) Enterprise and a Retail Outlet
• Statutory Audit & Tax Audit – Handled Statutory/Tax Audits of entities engaged in Public Relations, Software Development, Healthcare, Commercial Renting Business & other companies, firms and individuals
• Comptroller & Auditor General of India (C&AG) Audit – Handled C & AG Audit of an Insurance Company
• Ministry of Corporate Affairs (MCA) Compliance – Filed ROC returns, handled incorporation and closure of companies & other compliance procedures and issues
• Taxation – Filed IT returns of various classes of assessees, handled IT demand and refund related issues including obtaining huge refunds from the department, assisted the clients in obtaining lower/nil TDS certificates, involved in preparation of documents relating to appeals and scrutiny & other services
• Goods and Service Tax (GST) – Handled GST Reconciliation of various clients and involved in assisting clients during its implementation
• Others – Accounting and book keeping services for individuals and small private limited companies