Chirag Jain

About Chirag Jain

Chirag is an Article Associate at pSAN^, specializing in internal audits, financial controls, and fixed asset management. With experience across industries such as manufacturing, pharmaceuticals, solar power, and medical services, he has played a key role in strengthening internal controls, optimizing financial reporting, and enhancing management decision-making through data-driven insights.He has been actively involved in Internal Financial Control (IFC) implementation and testing, ensuring compliance across industries such as manufacturing, pharmaceuticals, solar power, logistics and medical. Additionally, he has conducted internal audits for leading manufacturers, refining internal control frameworks and improving operational efficiency.His expertise extends to Management Information Systems (MIS) reporting, where he has developed and automated reports for MNCs using Excel and Power BI, enabling better data visualization and strategic decision-making. In fixed asset management, he has led physical verification engagements and supported the capitalization of INR crores in SAP, ensuring accurate accounting under IFRS and Ind AS standards.With audit experience in the construction and medical services industries, he has worked extensively on critical areas such as revenue and payroll compliance. He has also facilitated Form 15CB filings, ensuring seamless foreign remittances in compliance with regulatory frameworks.Committed to continuous learning, he remains focused on delivering impactful financial insights while staying updated with industry best practices in audit, taxation, and compliance.

Experience

1. Article Assistant

   pSAN^

   Apr 2023 — Present · Gurugram, IN

   Internal Audits: Successfully conducted internal audits for one of India’s leading manufacturers in its industry, ensuring robust internal controls and operational efficiency.2. IFCoFR Implementation and Testing: Played a pivotal role in the implementation and testing of Internal Financial Controls over Financial Reporting (IFCoFR) for Indian subsidiaries of multinational corporations in diverse industries such as pharmaceuticals, solar power, medical, and services.3. Management Information Systems (MIS): Prepared and automated comprehensive MIS reports for global use by MNCs, leveraging tools like Excel and Power BI to enhance data visualization and decision-making.4. Fixed Assets Management:a. Led and contributed as a key team member in the physical verification of fixed assets and the preparation of Fixed Asset Registers (FAR) for leading manufacturing entities.b. Supported a manufacturing entity in capitalizing its new factory in SAP and FAR, handling an INR crore capitalization. This included meticulous treatment of pre-operative and trial-run costs, along with parent-child asset mapping as per IFRS and Ind AS standards.5. Audit Support: Conducted audits across construction and medical service industries, with a focus on critical areas such as revenue, payroll, and other related functions, ensuring compliance and operational integrity.6. Form 15 CBs: Filed Form 15CB for multiple clients and facilitated smooth foreign remittances, ensuring compliance with relevant laws and regulations.

Education

• Jiwaji University

  Bachelor of Commerce - BCom

  2020 — 2023

• The Institute of Chartered Accountants of India

  CA INTERMEDIATE Both Groups