Summary
Overview
Work History
Education
Skills
Languages
Certification
Accomplishments
Personal Information
Additional Information
Timeline
Generic
Shankar Naskar

Shankar Naskar

Kuwait City

Summary

Certified Chartered Accountant with over 7 years of experience in accounting, finance, advisory, audit, and taxation within prominent public accounting firms. Demonstrates exceptional interpersonal, problem-solving, and analytical abilities to offer expert advice to client organizations and enhancing business performance. Seeking a challenging role in an industry offering professional growth and career advancement, aiming to contribute to organizational success by leveraging skills gained through prior experiences.

Overview

8
8
years of professional experience
1
1
Certification

Work History

Senior Consultant (S2)

Ernst & Young
11.2023 - Current
  • Oversaw preparation of balance sheets, profit or loss statements, and ratio analyses for Kuwait National Fund's monthly management reporting, ensuring conformity across various financial accounts.
  • Managed financial reporting and facilitated capital raising with National Fund for multiple SMEs.
  • Provided mentorship and feedback to team of 3 junior staff members.
  • Liaised with EY Qatar team to prepare year-end Expected Credit Loss (ECL) provisioning, following IFRS 9 ECL approach, for client in Oman.
  • Analyzed Business Combination and Consolidation topics, assessed transfer of control per IFRS 10, and offered accounting opinions on transactions related to financial restructuring.

Assistant Manager

KPMG Global Services
03.2022 - 11.2023
  • Drafted technical accounting memoranda aligning with GAAP principles covering various topics such as leases, revenue recognition, financial instruments, debt equity financing, business combination, consolidation, ESOPs, and securitization.
  • Conducted research analysis and benchmarking of 10K/10Q filings for peer companies using Intelligize.
  • Collaborated with KPMG US to assist clients in meeting various financial reporting needs using Workiva tool, including preparing financial statements, working papers, schedules, accounting policies, and disclosures for standalone and consolidated levels.
  • Drafted policies and procedures, gap assessments, and prepared financial statement disclosure templates for UN Pension Fund entities to adopt IPSAS 41 'Financial instruments' (equivalent to IFRS 9).
  • Oversaw fund accounting of Goldman Sachs client, using QuickBooks for journal entries, error rectifications, bank reconciliations, and quarterly trial balances across various funds.
  • Effectively communicated complex accounting concepts and principles to professionals and non-technical stakeholders.

Senior Consultant, Advisory Services

Grant Thornton Bharat LLP
03.2020 - 03.2022
  • Facilitated implementation of IFRS 16 'Leases' and IFRS 15 'Revenue from contracts with customers', including gap assessments and transition accounting, for clients in QSR, logistics, and SaaS industries.
  • Prepared GAAP conversion financial statements transitioning from Ind AS to IFRS and from Indian GAAP to Ind AS for manufacturing clients in India.
  • Supported audit team in preparing restated financial statements for clients filing DRHP for IPO issuance.
  • Worked on accounting process automations such as lease tools and macro-based Expected Credit Loss (ECL) models for quarterly/annual financial statement schedules and work papers.
  • Demonstrated self-starting initiative by taking ownership of engagements from start-to-finish with proficient project management skills, and effectively managed multiple client deliverables within deadlines.

Article Assistant

Manek & Associates, Chartered Accountants
08.2016 - 01.2020
  • Performed statutory audits of power steel industry, stock brokers and manufacturing companies in compliance with standards on auditing.
  • Supported team in concurrent audits of Depositary Participants (DPs) registered with stock exchange per SEBI Guidelines.
  • Conducted inspection audit in various branch offices of DP operations per SEBI Guidelines
  • Maintained overall book keeping and account writing in Tally software for various law firms and proprietary businesses.
  • Performed year-end finalization of books of accounts including preparation of balance sheet, profit & loss account, schedules, notes to accounts, depreciation charts, and deferred tax calculations in compliance with Indian GAAP.
  • Performed finalization of tax audit reports along with various annexure.
  • Prepared computation of income and filing of income tax of various Corporate & Non-Corporate Entities.

Education

Chartered Accountancy -

The Institute of Chartered Accountants of India (ICAI)
New Delhi, India
11.2019

Bachelor of Commerce (Hons.) -

Sathaye College, University of Mumbai
Mumbai, India
04.2017

Higher Secondary Education -

Valia College, Maharashtra Board
Mumbai, India
03.2014

Skills

  • Financial Reporting
  • Technical Accounting
  • IFRS
  • US GAAP
  • Merger & Acquisition
  • Consolidation
  • Quick book/ Workiva
  • Fund Accounting
  • Management Reporting
  • Finance & Accounting
  • Audit
  • Taxation

Languages

Hindi
Native language
English
Proficient
C2
Bengali
Advanced
C1

Certification

  • Licensed Chartered Accountant (Associate member of ICAI)
  • Completed the Advanced Integrated Course on Information Technology and Soft Skills (AICITSS) as a part of ICAI curriculum

Accomplishments

  • Recognized with “Kudos” and “SPOT” awards at KPMG Global Services.
  • Secured 76% marks in Financial Reporting (FR) in CA final examinations.

Personal Information

  • Date of Birth: 06/12/96
  • Nationality: Indian
  • Marital Status: Unmarried
  • Current Visa: Kuwait Civil ID
  • Indian Driving License

Additional Information

Currently based in Kuwait City. Available to relocate with 1 month notice.

Timeline

Senior Consultant (S2)

Ernst & Young
11.2023 - Current

Assistant Manager

KPMG Global Services
03.2022 - 11.2023

Senior Consultant, Advisory Services

Grant Thornton Bharat LLP
03.2020 - 03.2022

Article Assistant

Manek & Associates, Chartered Accountants
08.2016 - 01.2020

Chartered Accountancy -

The Institute of Chartered Accountants of India (ICAI)

Bachelor of Commerce (Hons.) -

Sathaye College, University of Mumbai

Higher Secondary Education -

Valia College, Maharashtra Board

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Shankar Naskar