CA. Megha Aggarwal
Summary
A finance professional with 10+ years of experience in General Accounting, Financial Reporting, Taxation and Audit consulting. Open to opportunities with an organization that offers an engaging and growth-oriented environment.
Overview
16
16
years of professional experience
Work History
Manager-Finance & Treasury
LIXIL Group
11.2022 - Current
- Complete ownership of financials for the group's Indian subsidiaries viz LIXIL India Pvt Ltd and Grohe India Pvt Ltd.
- Leading a team of 5 professionals to support accounting & treasury operations, compliance & audits.
- Preparation of monthly cash flow statements along with projections for upcoming periods.
- Responsible for overall completion of external & statutory audits conducted by Big-4 ensuring timely closure without any significant observations.
- Handling internal audits conducted by parent company (Grohe Germany) and successful resolution of internal audit observations.
- Responsible for GL close activities each month coupled with additional deliverables during year end close.
- Submission of monthly/quarterly/annual MIS reporting to parent companies, Grohe Germany and LIXIL Japan.
- Review of monthly journals, intercompany charge-outs & fund movements, balance sheet reconciliations, tax and vendors' payment requests, tax payouts, T&E claims, full & final settlements.
- Responsible for working capital management and supporting annual budget preparation.
- Compiling external and internal identified governance and risk issues and presenting to HQ with root cause and remediation plan.
Consultant
Codomain Consultants Private Limited
10.2020 - 11.2022
- Leading a team of 4 to support financial reporting for listed multinational clients.
- Providing statutory audit support and consultancy to multinational corporate clients and liaisoning with Big-4 firms.
- Preparation of audit data and relevant supporting schedules as per Big-4 auditors' expectations.
- Responsible for finalization of financials, notes to accounts, and related annexures.
- Handling and responding to audit queries on various items on behalf of the clients.
- Preparation and review of tax audit annexures as part of audit support services.
- Developed flowcharts and risk control matrices for key business processes.
- Performed test of controls to evaluate the design and operating effectiveness of controls.
Accounting Team Lead
Expedia India
10.2017 - 09.2020
- Responsible for end-to-end compliance for Goods & Services Tax (GST) and Corporate Income Tax for Expedia's Indian subsidiary.
- Successfully closed multi-year income tax and service tax assessments conducted by Income Tax and CBEC, respectively.
- Responsible for assisting and closure of internal and statutory audits by Big 4 auditors.
- Preparation, review, and finalization of data for monthly/annual GST filings including reconciliations.
- Represented finance function in GST migration project on various domestic tax issues relating to applicability of tax rates, eligibility of GST input, etc.
- Complete ownership of Expedia India financial statements including preparation of supporting schedules, notes to accounts, and other allied annexures for various stakeholders
- Responsible for month end/year end close process for Expedia India and South Africa regions.
- Preparing and reviewing monthly balance sheet reconciliations in Blackline tool.
- Responsible for reviewing inter-company revenue and preparation of monthly IC reconciliations.
Senior Associate
Codomain Consultants Private Limited
05.2013 - 08.2017
- Led audit assignments for major clients in ITES industry including preparation of standalone and consolidated financial statements as per Indian GAAP.
- Hands-on experience in consolidation of Indian and foreign subsidiary financials with the parent company.
- Exposure to preparation and review of various schedules & reconciliations (fixed assets register, depreciation schedules, payroll recon, etc.), inventory valuations forming part of the financials; and tax audit annexures as part of audit support services to MNCs.
- Training, mentoring, and leading new hires for effective output, conducting technical/refresher training for ongoing changes in tax and corporate laws.
- Responsible for compiling, editing & roll out of a monthly newsletter containing a roundup of updates from economy & corporate world, statutory/legal updates, and compliances under various laws.
Audit Associate
Verma Garg & Associates, New Delhi
03.2011 - 01.2013
Article Trainee
Verma Garg & Associates
10.2007 - 03.2011
Education
Chartered Accountant -
The Institute of Chartered Accountants of India
Bachelor of Commerce -
University of Delhi
Skills
- Financial Consolidation & Reporting
- Accounting & Treasury Operations
- Taxation & Compliance
- Internal Controls Design & Testing
- Cashflow projections
- Budgeting & Variance Analysis
- People Management
- Stakeholder Management
Awards And Honours
- Global "Finance Wall of Fame" award for outstanding performance at Expedia (Sep 2019).
- Nominated for Expedia Global Finance Excellence award for 2 consecutive years (2017 & 2018).
Timeline
Manager-Finance & Treasury
LIXIL Group
11.2022 - Current
Consultant
Codomain Consultants Private Limited
10.2020 - 11.2022
Accounting Team Lead
Expedia India
10.2017 - 09.2020
Senior Associate
Codomain Consultants Private Limited
05.2013 - 08.2017
Audit Associate
Verma Garg & Associates, New Delhi
03.2011 - 01.2013
Article Trainee
Verma Garg & Associates
10.2007 - 03.2011
Chartered Accountant -
The Institute of Chartered Accountants of India
Bachelor of Commerce -
University of Delhi
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