CA. IRFAN BEG
- +91-8108084624
- ca.irfanbeg@gmail.com
- Mumbai, Maharashtra, 400079, India
Profile
Results-driven Finance and Audit Professional with extensive expertise in statutory, tax, and internal audits across diverse industries. Skilled in preparing and reviewing accurate financial statements, ensuring strict adherence to tax regulations, and conducting comprehensive risk assessments to protect business interests. Proficient in managing key tax filings, including GST, TDS, and income tax, while streamlining audit processes for enhanced efficiency and compliance. With a deep understanding of financial reporting standards, excel at identifying risks and opportunities for improvement, implementing strategic solutions that optimize financial operations and drive sustainable business growth.
KEY SKILLS
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Employment History
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Manager (Freelancer) , Irfan Ahmed & Co., Mumbai
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February, 2025 - Present
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- Conducting statutory and tax audits for Manufacturing, Finance, Trading sectors, and Trusts, ensuring adherence to applicable legal and regulatory standards.
- Analyzing financial statements and preparing detailed reports to form opinions under the Companies Act 2013, revised Schedule III, and CARO 2020.
- Finalizing standalone and consolidated financial statements for unlisted, private companies, complying with I-GAAP and Ind AS accounting standards.
- Performing account reconciliations, including payables, receivables, bank balances, inventory, fixed assets, sales, and purchases.
- Calculating provisions for income tax, TDS, GST, PT, ESIC, and PF, and verifying filed returns for compliance with tax laws.
- Issuing statutory certifications under various provisions of the Income Tax Act, Companies Act, and other relevant statutes.
- Overseeing GSTR 1, 3B, GSTR 9, and 9C filings, managing assessments, and resolving litigation matters under GST regulations.
- Conducting in-depth risk assessments during audits to identify areas for operational improvement and ensure internal controls are robust and effective.
- Collaborating with cross-functional teams to assess financial health and provide actionable insights to enhance operational efficiency and business strategies.
- Preparing and reviewing tax computations, including deferred tax adjustments, and ensuring compliance with both direct and indirect tax regulations.
- Assisting in the development and implementation of tax-efficient strategies to optimize the company’s tax liabilities while maintaining legal compliance.
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Assistant Manager , K.C Mehta & Co. LLP, Mumbai
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November, 2022 - November, 2024
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- Executed financial audits (statutory, tax, and internal) for Manufacturing, Finance, Trading sectors, and Trusts, ensuring adherence to regulatory standards.
- Analyzed and prepared financial reports in compliance with the Companies Act 2013, Revised Schedule III, CARO 2020, and Indian Accounting Standards (Ind AS).
- Completed the preparation and finalization of individual and consolidated financial statements for unlisted Private Limited companies.
- Reconciled critical accounts (AP, AR, Bank Reconciliation, Inventory, Fixed Assets, Sales, Purchases) and calculated tax provisions (Income Tax, TDS, GST, ESIC, PF, etc.).
- Designed and optimized auditing frameworks for statutory, income tax, and internal audits, including compliance certifications under applicable laws (Income Tax, Companies Act).
- Led risk assessments and internal control evaluations, identifying areas for operational improvement and ensuring the integrity of financial data.
- Conducted financial statement analysis, identifying discrepancies and ensuring accuracy in accordance with both internal policies and external regulatory requirements.
- Provided strategic recommendations to management based on audit findings, leading to process improvements and enhanced financial compliance.
- Coordinated with external auditors and regulatory authorities, ensuring smooth audit processes and timely submissions of financial reports.
- Monitored compliance with tax regulations, overseeing timely tax filings and ensuring adherence to Income Tax, GST, and other relevant statutory laws.
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Accountant , Sanjari Hi-Tec Automations, Mumbai
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August, 2020 - July, 2022
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- Oversaw daily accounting operations, supervised team activities, and ensured timely filing of statutory submissions, including GST, Income Tax, TDS, and statutory deductions.
- Handled preparation and filing of GST returns, conducted ITC reconciliation, and managed the documentation and submission process for GST refunds.
- Calculated tax provisions (Income Tax, TDS, GST) and ensured compliance with relevant tax laws and regulations for accurate reporting and filing.
- Spearheaded the reconciliation of financial statements, ensuring accuracy and completeness in line with accounting standards and statutory requirements.
- Enhanced tax efficiency by identifying opportunities for tax savings, implementing strategies for better cash flow management and compliance with tax laws.
- Managed month-end and year-end closing processes, ensuring timely and accurate preparation of financial statements.
- Collaborated with external auditors and tax authorities, providing all necessary documentation for audits and ensuring adherence to tax regulations.
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Article Assistant , Ray & Ray, Mumbai
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February, 2018 - February, 2020
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- Performed financial audits for manufacturing, finance, trading sectors, and trusts; managed internal assessments, fiscal control, and audit reporting.
- Administered GST payments, filings, and regulatory compliance for individuals, HUF, partnerships, LLPs, and corporate entities, ensuring accurate periodic submissions.
- Executed accounting entries for diverse business structures, offering tax compliance, advisory, and support for direct tax matters.
- Developed and implemented internal audit procedures, enhancing risk management frameworks and ensuring audit readiness across business functions.
- Provided ongoing support to clients in preparing and filing income tax returns, ensuring accurate documentation and minimizing tax liabilities.
- Assisted in the development of tax-saving strategies for clients, improving profitability while ensuring compliance with tax laws and regulations.
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Article Assistant , Nihar Mehta & Co., Mumbai
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February, 2017 - February, 2018
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- Conducted statutory audits for manufacturing, finance, trading sectors, and trusts; handled accounting transactions for individuals, HUFs, and partnerships/LLPs.
- Filed Income Tax Returns for individuals, HUFs, partnerships/LLPs, and corporate entities.
Education
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Professional Degree in Chartered Accountancy
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The Institute of Chartered Accountants of India, 2022
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Bachelor degree in Commerce
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Mumbai University, 2014
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12th, Maharashtra State Board of Higher Secondary Education, 2011
Languages
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English
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Hindi
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Marathi
Skills
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Microsoft Office - (Microsoft Word, Excel, PowerPoint, Outlook)
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SAP FI/CO
Basic Details
- Gender
- Male
- Relationship
- Single