Muppidi Sairaghavendra

CA Qualified professional with 12+ years of combined experience in financial accounting, statutory and group audits, and internal controls assurance, with deep, hands-on exposure to finance close procedures across FMCG and Manufacturing organizations. Extensive experience reviewing and validating revenue recognition (ASC 606/IFRS 15), lease accounting (ASC 842/IFRS 16), accruals, prepaids, inventory and bad debt provisions, foreign currency translation, and period-end close activities under US GAAP and IFRS, gained through audit and SOX/ICFR engagements at Deloitte, EY, and RSM. Strong understanding of journal entry controls, account reconciliations, and management review controls, combined with rigorous attention to audit readiness, internal controls governance, and process standardization.

Proven track record of stakeholder management across global, matrixed teams and driving continuous improvement through technology-enabled tools.

Assurance Manager - RSM US Integrated Services - Bengaluru, India

(2025-10 - 2026-04)

• Led review engagements for middle-market clients across Manufacturing, FMCG, and Construction industries, with full accountability for analytical procedures, financial statement review, and close-cycle account validation.
• Reviewed foreign currency transaction calculations and period-end revaluation entries, validating correct application of spot/average exchange rates and accurate recognition of FX gains/losses (ASC 830).
• Reviewed prepaid expense schedules and accrual workings, validating amortization, cut-off, and classification accuracy in the financial close cycle.
• Validated bad debt and reserve provisioning methodologies, testing ageing analysis and assessing management estimates against historical trends - directly applicable to provision and exception review in finance close procedures.
• Reviewed end-to-end financial statements under US GAAP, ensuring disclosure accuracy and supporting timely period-end close deliverables.
• Drove standardization and efficiency in close-related review processes using technology-enabled platforms including LUCA, CaseWare, Suralink, and DayShape.
• Managed and mentored a cross-border team of seven professionals across India and the U.S., ensuring consistent execution against firm methodology and deadlines.

Audit Manager - Deloitte USI - Hyderabad, India

(2021-11 - 2025-09)

• Led statutory and group audit engagements across Manufacturing, FMCG, and Construction industries under US GAAP (ASC 606, ASC 842) and IFRS, with direct accountability for revenue recognition and lease accounting validation.
• Reviewed and validated accrual schedules as part of finance close procedures - including prepaids, payroll accruals, and amortization/depreciation journals - ensuring accuracy and completeness of balances.
• Assessed inventory obsolescence, bad debt, and compensation reserve calculations, evaluating management estimates and adequacy of supporting documentation - aligned to stock provision and exception review processes.
• Reviewed foreign currency revaluation and translation entries during period-end close, verifying exchange rate application and reconciliation of resulting gains/losses (ASC 830, IAS 21).
• Monitored month-end, quarter-end, and year-end close activities across multiple engagements, coordinating with finance teams to ensure timely resolution of close issues and aged/open items.
• Performed SOX walkthroughs and manual controls testing across procure-to-pay and financial close cycles, evaluating journal entry approvals, account reconciliations, and segregation of duties.
• Executed PCAOB-compliant integrated audits combining financial statement testing with ICFR assessment, ensuring strong internal controls and audit-readiness documentation.
• Provided hands-on leadership and coaching to teams of up to 10 professionals, overseeing workflow, budgets, and engagement economics across concurrent client deliverables.
• Acted as primary point of contact for client finance teams and engagement stakeholders, managing query resolution, issue escalation, and reporting timelines.

Audit Senior - Ernst & Young Global Delivery Services - Chennai, India

(2019-11 - 2021-10)

• Supported statutory audits under country-specific GAAP for Belgium, Netherlands, and UK & Ireland entities, ensuring alignment with group reporting instructions and statutory compliance timelines.
• Tested journal entry approvals, account reconciliations, and period-end review controls across key financial cycles, assessing design and operating effectiveness in line with applicable standards.
• Reviewed client accrual and prepaid schedules covering operating expenses, payroll liabilities, and depreciation/amortization as part of period-end substantive procedures, verifying completeness and classification.
• Validated foreign currency revaluation entries and inventory/bad debt reserve calculations across multinational client portfolios, reconciling balances against supporting documentation.
• Reviewed financial statements at finalization using analytical and ratio analysis to validate accuracy and reasonableness, supporting statutory reporting and audit query closure.
• Designed and delivered technical training to audit teams, strengthening consistency in close-cycle and reconciliation review procedures.

Branch Credit Manager - IIFL Home Finance Limited & Aditya Birla HFL - Chennai, India

(2016-10 - 2019-10)

• Assessed and processed loan applications through detailed financial statement analysis, supporting credit decisions based on thorough documentation review.
• Led a team of credit analysts, delivering training and process improvements to strengthen assessment accuracy and turnaround.
• Compiled and maintained MIS reports to track operational and financial performance across the branch.

Articled Assistant - Vepa & Co (Chartered Accountants) - Chennai, India

(2012-10 - 2015-09)

• Reviewed ledgers and internal controls across manufacturing, trading, and educational services sectors, identifying gaps and driving corrective actions in compliance with accounting policies and regulatory standards.
• Prepared and reviewed statutory financial statements, ensuring accuracy and alignment with applicable accounting and regulatory requirements.
• Tested foreign currency transactions and period-end revaluation entries for clients with cross-border operations, verifying correct exchange rate application and FX gain/loss recognition.
• Reviewed prepaid expense amortization schedules and bad debt accrual workings during statutory audits, assessing calculation accuracy and supporting documentation for manufacturing and trading clients.
• Managed statutory compliance and filings including Income Tax, VAT, Service Tax, and MCA submissions, coordinating timelines and documentation for accurate filings.

Chartered Accountant (CA) - The Institute of Chartered Accountants of India (ICAI) (2016-05)