Bala Sri Harsha Akella
CA and Big 4 Audit Manager with 6+ years of experience across statutory audits and transaction compliance across multiple industries. Known for structured problem-solving, industry research, and managing client expectations in deadline-driven environments. Skilled in cross-functional collaboration, and driving process efficiencies through team leadership.
Work Experience:
6.4 Years
Industry:
Consulting | Others
Function:
Consulting & Strategy | Finance | General Management
Work Experience
B S R & Co. LLP (KPMG India's Audit & Advisory arm) | Chennai
- Manager- Assurance
- Lead and supervised teams of 10-12 professionals conducting external audits providing guidance, coaching and support
- Oversaw audit portfolio of 8+ companies with combined annual revenue > USD 2.3B across automotive, tech, telecom, poultry, healthcare, and textiles. (including multiple frameworks such as IFRS, US GAAP and Ind AS)
- Directed statutory audits of listed entities (market cap > USD 3.6B); Collaborated with cross-functional teams to conduct SOX compliance reviews, delivering actionable insights to improve governance and mitigate material risks
- Conducted ISAE 3420 assurance for pro forma financials in 2+ M&A transactions; aligned accounting policies post-merger to ensure group-level compliance under IFRS/Ind AS
- Evaluated valuation models (USD 200M–350M) using Backsolve OPM and GPCM methodologies. Verified term sheets and cap tables to assess rights, preferences, and liquidation terms; ensured accounting compliance under IFRS/Ind AS/US GAAP
- Audited purchase price allocation (PPA) models, reviewing goodwill, intangibles, and deferred taxes per IFRS 3
- Led GAAP conversion project, integrating Singapore GAAP, US GAAP, and Ind AS into a unified IFRS-compliant structure to enable investor-readiness and reporting harmonization
- Managed budgets for projects totalling 16,000+ hours/year; Optimized resources and ensured on-time, high-quality delivery.
- Effectively communicated key audit findings and risks to CXOs and Boards, ensuring clarity on compliance matters
- Reviewed ESG disclosures and sustainability reports for listed clients in compliance with SEBI regulations
- Partnered with transfer pricing and tax advisors to assess intercompany pricing, royalties, and service fees; ensured correct accounting for cross-border transactions
- Assistant Manager- Assurance
- Executed PCAOB-integrated audit for a CHF 2B telecom client during international virtual secondment with KPMG Switzerland; designed and implemented revenue testing under US GAAP
- Supported buy side M&A due diligence by preparing financial analysis packs, reviewing deal adjustments, validating accounting treatments, and populating data rooms in coordination with clients and legal advisors
- Performed industry and competitor benchmarking during audit planning and client walkthroughs; identified key business drivers, financial risks and margin deviations to tailor audit focus.
- Identified technical accounting issues and researched solutions over complex valuation issues such as impairment testing (IAS 36), business combinations (IFRS 3) and employee stock compensation (IFRS 2)
- Demonstrated a strong ability to analyse variances in large sets of data pertaining to various financial statement captions (e.g., revenue, payroll, other expenses etc.,) identifying anomalies to form conclusions on financial statements
- Reviewed complex revenue arrangements including multiple-element and SaaS contracts under ASC 606 & IFRS 15 ensuring accurate revenue recognition and compliance in financial statements.
Accomplishments
- Campus Finalist (Stood 6th out of 90+ teams) – Marquest Marketing Case Competition, IIM Ahmedabad
- Awarded "Best Senior" award (Employee of the year equivalent) 2021 at national level in KPMG
- Awarded Audit Innovation "Impact Award" 2024 for efficient implementation of technology in audits
- Accelerated promotion in 1.5 years – Assistant Manager to Manager at KPMG;
- Received the “Above and Beyond” award in the year 2022 for exceptional performance in leading an audit of a listed client
- Received the “Super team” award in 2021 and 2019 for the teams’ performance on the audit of two marquee clients
- Awarded “Kudos” and “Spot Award” in 2022, 2021 and 2020 and 2019 for consistent performance and contribution on projects/assignments involving multi-tasking and handling stringent deadlines
Education
- Chartered Accountant (CA), Institute of Chartered Accountants of India
- CFA Level II Qualified, CFA Institute (USA)
- Bachelor of Commerce, Andhra University, Visakhapatnam
Certification
- Excel Skills for Business: Advanced, Macquarie University
- Financial Modelling (Practical Skills Module), CFA Institute (USA)
Extra-curricular
- Head of Student Audit Committee at Indian Institute of Management, Ahmedabad
- Actively participated at workplace CSR programs, including mentoring young people and conducting reading sessions with children during weekends.
- Contributed as a national-level L.E.A.D Committee member at KPMG, collaborating on firm-wide audit technology initiatives; developed and recommended digital solutions for implementation by firm leadership.
- Member of the Learning & Development team at KPMG; conducted audit and accounting trainings for 200+ participants, achieving an average feedback score of 4.83/5.
- Served as a School House Captain. Lead a team of 45 students to first prize in March past competition.