Vani Kumar

Background

About Vani Kumar

Withum smith brown Experience - Part of audit team in conducting the audit, review and compilation procedures in accordance with the firm standards using U.S. GAAP for Consumer Products Companies. Worked on majority of planning section and getting confirmations for cash, debt and equity. Prepared balance sheet, income statement, cash flow statement and statement of equity as per US GAAP. Accounting reconciliation and analysis of financial data and proposing journal entries. Prepared audit work papers that are informative, indexed, cross referenced and can be easily understood and explained. Also was Part of EBP Audit Team and worked on the Audit of 401K plans (Defined Contribution plans). Worked on planning and execution of all the audit area of Employee Benefit Plans in conformity with US GAAP, Department of Labor and ERISA rules and CARES Act. Majorly worked on Limited scope audits starting from planning, sample selections based on eligibility criteria for testing and performing testing on timeliness, rollover, loans, distribution and contribution along with Investment analytics. Performed reviews of ERISA Annual Financial statements and Form 5500 to ensure they are accurately stated. Drafted Financial Statement and Audit reports. Pulled in reports from TPA website like ADP Retirement services, Fidelity etc. Helped in transitioning the ERISA clients from newly merged firm to Withum way. Perform preliminary and final analysis of financial statements line items. Maintained good relationship with the U.S. engagement team, and the client through regular communication regarding open items, or other important matters during audit in a timely manner. Trained staffs on audit procedures and client specific matters on audit work papers. Prepared staff schedules and utilization reports and update the leadership on a weekly basis. KPMG Experience- Worked with Consumer & Retail Team to align functional and technical side of analysis and develop insights on process improvements while handling of large volume of data. Processed of Financial Reports, i.e. financial position, statement of comprehensive income, statement of cash flow and statement of changes in equity shareholders under US GAAP and IFRS. Assisted in the coordination of annual audit and quarterly activities of external auditors. Implemented and maintained reporting procedures to comply with internal control requirements. Specialised in Revenue testing and reconciliation for high risk entries based on client's nature of business and engagement team.