Chinmay Sethi Mumbai, Maharashtra www.linkedin.

com/in/cachinmay-sethi
Chartered Accountant ✆+91-9024130450 : chinmay2273@gmail.com
Education
Qualifications Institute Score Year Remarks
CA Final ICAI 444/800 (55.5%) Nov 2023 Cleared Both groups in 1st Attempt with
Exemption in 4 Subjects
B. Com JNVU, Jodhpur First Division 2022 Specialization in Accounting and Finance
CA Intermediate ICAI 504/800 (63%) Nov 2020 Cleared Both groups in 1st Attempt with
Exemption in 4 Subjects
CA Foundation ICAI 320/400 (80%) Nov 2019 Cleared in 1st Attempt with AIR – 44
Grade 12 CBSE 92.6% 2019 Secured Rank 2 in School with 100 in
Economics and 97 in Accounts & Business Studies
Grade 10 CBSE 10 CGPA 2017 Secured Rank 3 in School
Work Experience: Chaturvedi & Shah LLP (Audit & Assurance) (Mar ’2021 - Present)
 Planned and executed Statutory Audits and Limited Reviews including designing of Audit Programme, site visits, analysis
of financial statements of listed and other clients having assets more than Rs. 8000 crores.
 Conducted Outstation Audits across diverse locations in India like Gurgaon, Pune, Jaipur, Bharuch, Nashik, Silvassa.
 Rectified classification errors in significant areas like Financial Assets and other expenses.
 Assisted a Media Client in First Time Adoption of Ind AS having assets size more than Rs.1000 crores.
 Recalculated and verified the expense of Employee share-based payment of around Rs.6 crores as per IND AS 102.
 Prepared Audit Committee Presentations for different Listed Clients.
 Involved in working of Consolidated Financial Statements of 4 subsidiaries including foreign subsidiaries where given
charge in working of NCI, segment and intercompany elimination as per INDAS 108 and 110.
 Coordinated with legal department to obtain information about legal cases pending and reviewed invoices, ensuring that
legal fees were reasonable and supported by proper documentation.
 Prepared detailed conclusion analytics (Both YoY and QoQ) for variance and ratio analysis and evaluated appropriate
reasons for the same based on the scenario.
 Conducted annual physical inventory audits for a listed client having inventory valuing more than Rs.280 crores, reconciling
and sampling inventory items and identifying discrepancies.
 Single Handedly performed whole statutory audit of Investment Companies with assets size more than Rs.125 crores.
 Assisted the client in implementation of the amendment in Schedule III and CARO 2020.
 Gained experience by working for clients in different industries like manufacturing, real estate, media and IT. Also worked
in audit team of Investment Funds and Payment Gateway & Payment Aggregator Company.
 Conducted Tax Audit of various clients including listed companies.
 Tested Internal Financial Controls with respect to financial statements and prepared process walkthroughs on Entity level
controls.
 Executed verification of compliance with secretarial requirements relevant to audit of financial statements.
 Worked on assignment related to Demerger of listed entity having market capitalization of Rs 4000 crores.
 Interacted with Client Senior Management to provide highlights on findings and recommend corrective actions.
 Ensured the compliance with disclosure requirement of schedule III and other regulatory requirements as applicable.
 Prepared Audit Engagement Letters as per SA 210, determining Materiality as per SA 320, Compliance with CARO 2020 as
per the applicability and Management Representation Letters (MRL).
 Reassessed and analyzed revenue recognition of real estate business as per POCM - IND AS 115.
 Found discrepancy of non-recognition of inventory in a media company.
 Conducted IFRS Audit of a joint venture of an IT Company.
 Managed Team, audit area allocation, mentored & reviewed the work done by other Articles.
 Performed ledger scrutiny, analytical review, opening tracing, vouching, documentation, IFC testing, bank reinstatement,
trade receivable and trade payable ageing analysis.
Achievements & Participations
 Awarded as “Best Performer of the Year” by the Firm for the Year 2022-23.
 Part of the team that won award of best performance during “Aagaaz”, an annual event in RVG, out of 600 Participants.
 Headed as a House Captain and successfully coordinated and executed a variety of sports and religious events within the
school, demonstrating strong organizational skills and the ability to manage diverse activities.
 Participated in multiple social initiatives including blood donation, beach cleanup etc.
Key Skills
 Strong communication skills, prioritizing work, ability to meet deadlines, team player with proactive leadership skills.
 Working Knowledge of MS Office, SAP & Tally.
Hobbies
 Cycling, Badminton (District Level winner), Volleyball (District Level winner).
Languages Known
 English, Hindi and Marwadi (Native).