Hari Babu Kalluri
Birmingham,West Midlands
Summary
· Charted Accountant with 7 years of post-qualification experience in external audits in IFRS, UK GAAP (FRS 101 and 102), IND AS and Indian GAAP framework of companies engaged in Healthcare, Manufacturing, Trading, Software, Telecommunication Industries, Trading industry backed by PE house.
· Extensive experience in Assurance work in UK and India
· Well-versed with big four audit methodology, risk and compliance, digital tools, analytical and project management tools.
· Strong communication, presentation, and people management skills
Overview
7
7
years of professional experience
Work History
Assistant Manager
Grant Thornton UK LLP
10.2021 - Current
- Manages the portfolio of 5 audit engagements as Junior Manager by determining, in consultation with the partner, the definition of the audit strategy and its execution in compliance with policies and protocols of GT and the International Standards on Auditing
- Conducts staff supervision and audit progress monitoring
- Conducts initial and detailed review of staff work
- Executes and delegates audit procedures to junior staff, and identifies issues/observations
- Preparing and monitoring budgets, resource planning and collections including overruns.
- Worked on key accounting areas such as Revenue, Acquisition accounting, Share based payment, Goodwill Impairment, Going Concern and Consolidation etc
- Led first-time adoption of latest Audit tools including Data analytics around Revenue and Cost of Sales, Open banking which helps in improving audit quality and efficiency
- Prepares management reports and detailed analyses of issues noted
- Liaising with Direct tax, and valuation teams on agreeing tax positions, WACC valuations etc
- Performed overall analytical review of financial statements based on understanding of client's business
- Reviewing financial statements and its disclosure incompliance with IFRS, UK GAAP along with finalizing deliverables and archiving files
- Coordinates with group auditors for timely submission of group reports and communicate status of audit to Group team
- Worked on multiple engagements in peak season managing workload to avoid conflicts and made constant effort for quality and better documentation
Assistant Manager
B S R & Co. LLP (KPMG India)
04.2021 - 09.2021
- Independently handled finalization of audit of various companies under IFRS, IND AS, IGAAP framework managing team of 6-8 members
- Handled IFRS Group Audit engagement of reputed client to report to Group engagement team in Germany (for Consolidation purpose) whether accounting records are presented in accordance with Group Accounting Guidelines
- Interacting with engagement partner and senior manager for audit planning including determining materiality, identifying key risk areas and designing appropriate audit procedures to address identified risks
- Active Project management including preparing and monitoring budgets, resource planning and collections
- Prepared agenda for Audit plan meetings for external and internal meetings, Audit Findings report, key meeting materials and presentations for external and internal meetings
- Liaising with Direct, Indirect Tax teams, Transfer pricing and IT team on agreeing tax positions, agreeing tax litigations and risk assurance teams to address IT Specific risks
- Participating in integrated audit of financial statements along with audit of internal controls over financial reporting as per SOX and performed agreed upon substantive procedures for multiple entities as per Group audit Instructions
- Performed overall analytical review of financial statements based on understanding of client's business
- Reviewing financial statements and its disclosure incompliance with IFRS, IND AS, IGAAP and other regulatory requirements along with finalizing deliverables and archiving files
- Coordinates with group auditors for timely submission of various group reports from Confirmation to Final memorandum and communicate status of audit to Group team on timely basis
- Acted as coach and mentor to subordinates, handled average of 4-5 Senior executives and delegates work to team members
Senior Executive
B S R & Co. LLP (KPMG India)
03.2018 - 03.2021
- Handled audit of various streams of revenue like cloud revenue, license revenue, maintenance revenue, consultancy revenue of software client in Group Audit engagement
- Implementation of first-time adoption of IFRS 16 for various large clients in manufacturing, software industry
- Performing audit of internal controls over financial reporting as per SOX guidelines and as per instructions received from Group engagement team
- Preparation of various component audit reports to submit to group audit team
- Liaising with Direct, Indirect Tax teams, Transfer pricing team on agreeing tax positions
- Performed overall analytical review of financial statements based on understanding of client's business
- Reviewing financial statements and its disclosure incompliance with IND AS, IGAAP and other regulatory requirements along with preparing deliverables
- Ensured timely review from manager and Partners to sign off client as per timelines agreed
Education
Chartered Accountant -
Institute of Chartered Accountants of India
India11.2017
Bachelor of Commerce Accounts And Finance -
Indira Gandhi National Open University
India06.2017
Skills
- Proficient in UK GAAP
- Risk Management and Controls Evaluation
- Knowledgeable in Best Industry Practices
- Coaching Junior Auditors
- Proficient in Client Engagement
- Proficient in English Verbal and Written Skills
- Data Analytics and Implementation
- Utilizing audit tools to achieve efficiency
- Advance knowledge of MS office tools like Excel, Word, PPT, Visio
INDUSTRY EXPOSURE
· Software: SAP (IFRS and Ind AS), Digital Space (IFRS), Convergence Group (FRS 102),
· Manufacturing: Timet, SPS Aero (PCC Group) (FRS 102), GE BE Pvt Ltd (General Electric group), TE Connectivity (IND AS)
· Trading: TradeChoice Distribution Limited (FRS 101)
· Panel Conveyancing: Simply Conveyancing (FRS 102)
· Tele Communication: Exotel Techcom Private Limited (IND AS)
Timeline
Assistant Manager
Grant Thornton UK LLP
10.2021 - Current
Assistant Manager
B S R & Co. LLP (KPMG India)
04.2021 - 09.2021
Senior Executive
B S R & Co. LLP (KPMG India)
03.2018 - 03.2021
Chartered Accountant -
Institute of Chartered Accountants of India
Bachelor of Commerce Accounts And Finance -
Indira Gandhi National Open University
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