Shubham Malani

Chartered Accountant with experience in Financial Accounting, Financial Reporting, Audit, Taxation, Internal Controls, and Process Improvement across Real Estate and Professional Services sectors. Proven expertise in month-end and year-end closures, financial statement preparation, MIS reporting, balance sheet reviews, revenue recognition, audit management, SAP ERP, and statutory compliance. Strong analytical and leadership capabilities with experience in process automation, financial governance, and stakeholder management.

Seeking to leverage finance leadership expertise in a Financial Controller / Finance Manager role.

Manager – Finance & Accounts - Kolte Patil Developers Limited - Pune

(2025-09)

Managed accounting activities and ensured accurate recording of financial transactions across finance and compliance functions.

• Passed accounting entries in SAP including GST accounting, accruals, provisions, reversals, ITC utilization, revenue recognition and period-end adjustments.
• Executed month-end, quarter-end and year-end financial closure activities while ensuring compliance with accounting standards and organizational policies.
• Supported preparation of standalone financial statements, consolidation workings and financial reporting schedules.
• Reviewed journal entries, general ledger balances and accounting records to ensure completeness and accuracy of financial information.
• Prepared monthly MIS reports, management dashboards and financial analysis reports to support business decision-making.
• Conducted financial statement analysis, trend analysis, variance analysis and Budget vs Actual reviews to identify key business drivers and performance indicators.
• Supported budgeting, forecasting and business planning activities through financial analysis, reporting and performance monitoring.
• Monitored cash flow movements, liquidity requirements and working capital components including receivables, payables and statutory liabilities.
• Prepared cash flow reports, management summaries and financial insights to support effective fund utilization and business planning.
• Performed balance sheet reconciliations, ledger reviews and periodic account validations to ensure integrity of financial records.
• Reconciled GST 2A/2B with books and validated balances with Electronic Credit Ledger and Electronic Cash Ledger.
• Investigated and resolved reconciliation differences, accounting discrepancies and reporting issues through detailed analysis and corrective actions.
• Maintained audit trails, supporting schedules and documentation to ensure statutory compliance and audit readiness.
• Strengthened financial controls through regular reviews, monitoring activities and implementation of corrective actions.
• Identified gaps in accounting, reporting and finance processes and implemented process improvements to enhance operational efficiency and reporting accuracy.
• Designed GST-related GL structures and WBS elements to improve financial governance, compliance monitoring and reporting effectiveness.

Senior Associate & Assistant Manager – Audit - Ernst & Young Global Delivery Services - Pune

(2022-01 - 2025-08)

Executed audit assignments and managed financial control assessments.

• Executed audit assignments in accordance with IFRS, auditing standards and regulatory requirements, including planning, substantive testing, analytical reviews and revenue testing.
• Assessed the design and operating effectiveness of financial controls, identified control deficiencies and recommended remediation measures.
• Prepared audit documentation, working papers and management observations and coordinated with auditors and stakeholders throughout the audit lifecycle.
• Managed GST compliance, reconciliations, statutory reporting, tax assessments and resolution of tax notices while ensuring adherence to applicable laws and regulations.
• Conducted tax research and collaborated with consultants, auditors and business teams on regulatory and compliance matters.
• Utilized SAP ERP, Advanced Excel and data analytics tools for accounting, reporting, reconciliations, financial analysis and decision support.
• Led automation and system enhancement initiatives including requirement gathering, vendor evaluation, implementation planning and process digitization.
• Identified opportunities to reduce manual effort, improve reporting efficiency and strengthen financial controls through automation initiatives.
• Led and mentored team members across finance, accounting, audit and compliance functions while ensuring timely and high-quality execution of assignments.
• Collaborated with auditors, consultants, business users and senior management to deliver critical finance initiatives within challenging timelines.
• Supported management decision-making through data-driven financial insights, governance reviews, risk assessments and continuous improvement initiatives.

Senior Assistant - Devendra Jain & Associates - Aurangabad

(2019-07 - 2021-12)

Article Assistant - Devendra Jain & Associates - Aurangabad

(2016-02 - 2019-02)

Chartered Accountant - Institute of Chartered Accountants of India (2021)

Bachelor of Commerce - Commerce - Dr. B.A. Marathwada University (2017)