Summary
Overview
Work History
Education
Skills
Websites
Majorassignments
Majorcontributions
Otherdiplomascertificates
Other Information
Languages
Timeline
Generic
Ravishanker Vengathattil

Ravishanker Vengathattil

Dubai

Summary

Experienced Chartered Accountant with a strong background in Statutory Audit and Taxation, spanning nine years. Known for delivering accurate and efficient reporting while maintaining a pragmatic problem-solving approach and attention to detail. Demonstrates expertise in tax planning and compliance. Recognized for inspiring team members and creating positive work environments. As a versatile Senior Manager specializing in Audit, Corporate, and International Taxation, excels in planning, implementing, and overseeing key improvements to drive business growth and efficiency. Proven track record of fostering an open culture that encourages the free exchange of information among team members.

Overview

13
13
years of professional experience

Work History

Senior Manager

Kreston Menon Chartered Accountants
03.2023 - Current
  • Responsible for setting up and leading the UAE Corporate Tax vertical for the firm to cater to small and medium businesses, building a training a team of 6 professionals, creating awareness among a clientele of approximately 400-450 businesses.
  • Analyzing the existing audit process and identifying process improvements and implementation thereof. Instrumental in reorganizing the team of about 35 professionals, identifying the appropriate team leaders and allocating the portfolio of about 400-450 businesses amongst the team.
  • Identifying opportunities to effectively leverage technology aids to improve efficiency of existing systems and procedures.
  • Leading employee initiatives by standardizing training programs, induction training and performance appraisals. Enhanced and created an online tool for a formal appraisal system with a three-point grading system, for about 50 team members, aiding them in obtaining the right guidance and ensuring that the firm receives appropriate feedback and insightful data.

Manager

B S R and Co LLP
10.2021 - 12.2022
  • Responsible for leading engagements allocated during the year.
  • Build positive client relationships by being able to demonstrate to the client / engagement team an understanding of the client’s requirements and business.
  • Maintain and develop broader internal networks.
  • Monitor performance against budgets, timely identification, and recovery of over-runs.
  • Effective management of WIP and debtors including cash collection.

Partner

K B Nambiar and Associates
04.2016 - 09.2021
  • Planning and execution of various audit assignments
  • Providing necessary support and insights on direct and indirect taxation to the assurance team
  • Managing multiple client priorities with a keen focus on quality of deliverables
  • Overseeing the firm's day-to-day operations, preparation of compliance calendars and providing guidance to support staff and enforcing compliance with various laws of the land
  • Implementing new systems and/or modifying existing systems to enable better monitoring of assignments and efficient utilization of resources
  • Creating and maintaining strong independent relationships with clients’ finance teams through active engagement - developing mailers on new updates in various laws, providing training sessions in various aspects etc.

Audit Manager

K B Nambiar and Associates
02.2014 - 03.2016
  • Formulation of audit plans, allocation of resources, supervision and monitoring of assignments
  • Rendered various tax advisory services to the clients, along with the senior partner, including representation before the Income Tax Department
  • Facilitated knowledge enhancement within the team by conducting presentations and discussions on relevant topics
  • Involved in various critical areas of audits.

Articled Assistant

K B Nambiar and Associates
02.2011 - 02.2014
  • Performed various audit assignments for corporates, firms, NGOs, and proprietorships
  • Performed various taxation assignments including tax audits, computations, filings, and wealth tax matters
  • Involved in XBRL and other Registrar of Companies related filings for various companies.

Education

CA Final -

Institute of Chartered Accountants of India
India
11.2014

IPCC -

Institute of Chartered Accountants of India
India
11.2010

B. Com (Finance) -

Christ College (Autonomous)
Bangalore, India
04.2010

Skills

  • Strategic Planning
  • Cross-Functional Collaboration
  • Operations Management
  • Cross-functional Team Coordination
  • Talent Development
  • Human Resources Management
  • Team Leadership
  • Process Improvement
  • Performance Tracking and Evaluation

Majorassignments

  • Statutory and tax audit of a leading online marketplace group in India with 14 entities. Lead a team of about twenty-five team members along with two Senior Managers and ensured timely completion of audits, getting due recognition for the same from the client as well as from the firm.
  • Statutory audit of a startup engaged in the gamification and simulation of employee training modules and assessments, based out of Bengaluru. Also lead the IFRS audit of the holding company based out of Singapore.
  • Statutory audit and tax audit of a startup based out of Bengaluru running an online marketplace platform that connects thousands of ‘kirana stores’ and supermarkets, with brands and staples producers
  • Statutory audit of an entity rendering support services to UAE’s largest bank.
  • Audit of carve-out financial statements of an entity acquired by the Company through a scheme approved by the National Company Law Tribunal (NCLT).
  • Assisted the management in developing a system enabling physical tracking of all assets with a gross worth of ₹110 crores.

Majorcontributions

  • Contributed to the expansion of client base by identifying potential leads within own network.
  • Responsible for preparation of high-quality proposals for new assignments.
  • Critically evaluated the ‘time spent to fee charged’ ratio, and thereby enabled an increase in billing by approximately 25 per cent.
  • Associated with recruitment and training the team, whose strength has increased by approximately 35-40 per cent.
  • Assisted in developing and implementing a new excel-based tool for preparation of financial statements resulting in reduced turnaround time.
  • Aided in setting up the Indirect Taxes vertical in the firm with effect from 01/07/17.
  • Assisted in developing and implementing a new excel-based documentation system for statutory audits thereby enhancing the quality of working papers and reducing the time taken for quality reviews

Otherdiplomascertificates

  • Diploma in Information Systems Audit – 06/01/18
  • Certificate Course on Business Responsibility and Sustainability Reporting (BRSR) – 03/01/21

Other Information

09/19/89, English, Malayalam, Kannada, Hindi, Mr. Jijo G George, Director, BSR & Co LLP, Mr. Rajkumar K, Managing Partner, K B Nambiar and Associates, Chartered Accountants, Ms. Chandra Singh, Chief Finance Officer, MYRADA, Bengaluru, Mr. Arun M S, Assistant Finance Controller, Embassy REIT

Languages

English
Bilingual or Proficient (C2)
Malayalam
Bilingual or Proficient (C2)
Hindi
Intermediate (B1)

Timeline

Senior Manager

Kreston Menon Chartered Accountants
03.2023 - Current

Manager

B S R and Co LLP
10.2021 - 12.2022

Partner

K B Nambiar and Associates
04.2016 - 09.2021

Audit Manager

K B Nambiar and Associates
02.2014 - 03.2016

Articled Assistant

K B Nambiar and Associates
02.2011 - 02.2014

CA Final -

Institute of Chartered Accountants of India

IPCC -

Institute of Chartered Accountants of India

B. Com (Finance) -

Christ College (Autonomous)
Ravishanker Vengathattil