Yuvalakshmi R
Chartered Accountant
Chennai
Summary
Chartered Accountant with 6+ years of experience, including international exposure across diverse industries such as Industrial Manufacturing, Automotive, Fin Tech, Energy and Information Technology/Information Technology Enabled Services. Skilled in Statutory Audits, Group Audits including PCAOB Audits, Tax Audits, and audits of Indian components of multinational groups under Ind AS, IFRS, and US GAAP. Adept at leading group reporting engagements and coordinating with multi-jurisdictional teams, ensuring compliance with complex reporting frameworks.
Overview
7
7
years of professional experience
3
3
Languages
Work History
Manager
Deloitte Haskins and Sells LLP
06.2024 - Current
- Led 12+ Statutory Audits, Group Audits including PCAOB Audits, Limited Review, Tax Audits, Special Purpose Audits and other certifications for listed and unlisted entities, ensuring compliance with the respective regulatory standards.
- Conducted risk assessment, internal control evaluation and substantive testing for critical financial statement components, ensuring compliance with Ind AS, Companies Act, and ICAI Auditing Standards.
- Conducted a detailed going concern evaluation for an Electronics Manufacturing Services (EMS) company by analyzing financial health, liquidity position, and operational risks.
- Assessed cash flow projections, debt obligations, and business continuity risks to ensure compliance with accounting standards (Ind AS/IFRS/GAAP).
- Ensured timely completion of audit assignments, effectively managing multiple deliverables while adhering to strict regulatory deadlines.
- Managed project execution, budgeting, and administration for audit engagements involving teams of 10+ members.
- Develop and maintain a good working relationship with clients to enhance customer satisfaction and work with client management and staff at all levels to perform audit services.
- Schedule, delegate and train team members to help them build inspired careers.
- Contributed to client proposal processes, including internal risk consultations and client coordination.
- Served as a integral team member in firm-wide quality initiatives across the South region, coordinating with other regions to maintain audit excellence and consistency.
- Awarded the “Performer of the Quarter” for leading a PCAOB Audit and completing successfully with challenges and a new team.
Deputy Manager
Deloitte Haskins and Sells LLP
08.2022 - 05.2024
- Executed PCAOB Audit and Statutory Audit for a global, integrated energy company, ensuring compliance with the respective regulatory standards.
- Engaged in audit planning, developed audit procedures, and executed substantive testing to meet statutory and regulatory requirements.
- Performed end-to-end process walkthroughs and substantive testing across high-risk areas such as revenue, Trade receivables, Payables, leases, PPE, ESOPs and related party transactions.
- Led preliminary discussions with control owners to assess and document control deficiencies.
- Conducted risk assessments and evaluated the Risk Control Matrix (RCM) to identify potential financial reporting risks.
- Assessed process inefficiencies, recommended enhancements to internal controls, and suggested best practices for risk mitigation.
- Performed comparative financial analysis (trend analysis, year-over-year variances) on key financial line items such as revenue, operating expenses, PPE, accounts payable, accounts receivable, and inventory to aid in audit conclusions.
- Engaged in technical consultations with risk and audit teams to resolve complex audit issues.
- Managed audits for private clients in the manufacturing and technology sector, including tax audit reviews and issuance of regulatory certificates.
- Awarded the “Live the Dot – Individual Award” for timely completion of first-year audits and successfully navigating challenging audit engagements.
Audit Intern (CA Articleship)
Ernst & Young
03.2019 - 03.2022
- Gained comprehensive exposure in Statutory Audits, Group Reporting, Tax Audits, and Transfer Pricing across diverse industries.
- Conducted statutory audits, including reporting under CARO, IFC, and preparation of financial statements as per Ind AS & IFRS.
- Evaluated internal controls, performed substantive testing, and applied data analytics for payroll and journal entry testing.
- Prepared audit observations, engaged in management discussions, and ensured compliance with EY GAM documentation standards.
- Performed physical stock verification, analytical reviews, and variance analysis of financial statements.
- Executed tax audits and prepared transfer pricing reports, ensuring compliance with Form 3CD, 3CEB, and Income Tax provisions.
Education
Chartered Accountant -
The Institute of Chartered Accountants of India
05.2022
Bachelor of Commerce - Accounts and Finance
Savitribai Phule Pune University
06.2021
Skills
Hands-on experience with Ind AS and IGAAP in audit settings
Team leadership
Strategic planning
Decision-making
Workforce management
Time management
Complex Problem-solving
Relationship building
Staff training and development
Leadership & Engagement Initiatives
- Led Deloitte CSR initiatives for Impact Day, managing annual projects such as Teach for India, Udayan Care, and Spreading Smiles , including budgeting, volunteer coordination, and activity planning.
- Mental Health Champion within the firm, actively promoting mental well-being, supporting awareness initiatives, and serving as a point of contact for team members seeking guidance or resources.
- Organized and managed events across academic and professional settings, including office gatherings, leadership visits, and offsites.
Hobbies
Playing Badminton, Travelling and cooking.
Timeline
Manager
Deloitte Haskins and Sells LLP
06.2024 - Current
Deputy Manager
Deloitte Haskins and Sells LLP
08.2022 - 05.2024
Audit Intern (CA Articleship)
Ernst & Young
03.2019 - 03.2022
Bachelor of Commerce - Accounts and Finance
Savitribai Phule Pune University
Chartered Accountant -
The Institute of Chartered Accountants of India