Management Manager
Resume:
PROFESSIONAL EXPERIENCE
EXL SERVICE INC. (NASDAQ: EXLS), New York, USA
Assistant Vice President, Risk and Financial Management
Provide governance, risk, and compliance consulting, with specialization in
Internal Audit, Sarbanes Oxley (SOX), IT reviews, and Enterprise Risk
Management services to Fortune 500 companies across the globe.
. Strategized growth and development of the practice in consultation with
senior management, including vision, methodologies, structure,
administration, trainings & orientation, budgets, etc.
. Led the North America - west coast practice, including business
development, relationship management, service delivery and people
management.
. Applied business development skills to identify opportunities, developed
proposals and closed & delivered engagements.
. Managed a team of 20+ professionals in India, Philippines and USA.
Responsible for training, professional development and annual reviews.
. Served as subject matter expert on Sarbanes Oxley implementation and
controls rationalization process for adoption of PCAOB Accounting
Standard No. 5, emphasizing on top-down, risk-based approach, through
quality review of process documented and controls identified.
. Liaison with the Regulatory/Supervisory Agencies, outside consultants and
Board/Audit committee members.
. Partnered with senior business managers and risk committee members at
client location, to develop risk mitigation strategies/methodologies,
self assessment workshop, issues management process, change management
process, & implementation of control framework.
. Used broad business knowledge & specific knowledge of outsourcing/off-
shoring and integrated audits, helped clients through the entire
lifecycle and implementation of continuous audit and monitoring.
. Defined cross-functional security organization to provide leadership, co-
ordination and a multi disciplinary approach to Information Security
Management.
. Performed risk assessment on auditable activities to create an effective
risk- based annual Internal Audit Plan that fits in with the overall
strategy of the business, and administered the progress.
. Established control framework and conducted business risk assessment over
power & gas generation and commodities market operations (front, middle
and back office) for North American Utilities subsidiary of a fortune 500
company, supersizing over 10 professionals in Canada and USA.
. Defined and assisted management in setting up of loan documentation,
accounting, and legal department for a new privately held Mortgage
Company, supervising over 15 professionals.
Key Achievements:
. Assigned as interim Internal Audit Director for a Fortune 1000 staffing
company managed team of 20 professionals (both IT and Financial)
consisting of both internal staff and outsourced consultants. Reduced
external audit cost by 1200 Hours through increased reliance on internal
audit work.
. Spearheaded team of 4 professionals for due diligence and comprehensive
review of financial statements for a major acquisition by a Fortune 50
company and demonstrated recovery of more than $7 Million.
. Supervised implementation of regulatory compliance framework for BS 7799
(ISO 27001) and obtained information security certification for the
company.
. Set up SOX department for a $30 billion mortgage bank & largest reverse
mortgage company in USA. Supersized team of 20 professionals and
implemented framework to ensure sustainable compliance with SOX 302.
. Increased revenue from $500K to $2.5 M per annum from existing & new
clients in the west coast region by cross selling and boosted bottom line
profits through effective resource & cost management.
. Designed, developed and implemented compliance software to monitor and
ensure timely compliance with US regulations and state licensing
requirements for telemarketing, collections, etc.
. Led several practice initiatives and task forces, involving write ups,
white papers, presentations etc.
PRICEWATERHOUSE COOPERS, New Delhi, India
2002-2003
Audit Consultant, Assurance and Business Advisory Services:
Managed teams of 4-5 professionals on external and US GAAP audits for large
banks and multi-national corporations.
. Served as subject matter expert on bank and US GAAP audits. Supervised
projects on consolidation, translation and reporting of Indian Financial
Statements as per US Generally Accepted Accounting Practices (GAAP) for
banks and financial institutions.
. Managed engagement planning, resource allocation, project timelines, and
project management.
. Performed risk assessment and diagnostic reviews for the organizations,
as well as benchmarking best practices across industries and process.
Key Achievements:
. Recruited by the partner led strategic project for consolidation &
compilation of Indian Financial statements into US GAAP for largest
public sector bank in India, with market cap of INR 650 Billion, for
listing on NYSE.
S.S KOTHARI & CO., New Delhi, India (Top 5 Indian audit firm)
1998-2002
Audit Manager, Financial and Internal Audits:
Managed teams of 5-6 professionals on internal audits, financial audits,
control reviews, due diligence and tax audits for companies across diverse
industry segments.
. Ensured effective accomplishment of audit goals/objectives and that risks
are adequately identified & addressed.
. Managed audit personnel matters (hiring, mentoring etc.) and supervised &
trained staff in conducting audits.
. Provided input to the division budget and annual audit plan.
. Followed up on progress of implementation of recommendations and
directions with the Executive Director and the Board.
. Assisted individuals who performed operational and financial activities
with risk assessments and action plans in their responsibility areas to
heighten awareness of major exposures, loss potential, and /or
transactional anomalies and facilitated discussions of practical ways to
manage or avoid them.
Key Achievements:
. Served as lead senior manager on largest cancer hospital in North India,
supervised team of 5 professionals and identified misappropriation of
funds exceeding INR 50 Million.
. Supervised team of 6 professionals on an internal audit project for one
of the largest textile companies in India and identified process
improvements with in budgeting, production and sales departments that
added INR 20 million to bottom line profits.
QUALIFICATIONS
Professional
. Certified Internal Auditor (CIA): The Institute of Internal Auditors.
. Certified Information Systems Auditor (CISA): Information System Audit
and Control Association.
. Chartered Accountant (equivalent to CPA): The Institute of Chartered
Accountants.
. Certification in Control Self Assessment (CCSA): The Institute of
Internal Auditors.
Others
. Bachelor of Commerce (Honors) with major in audit, accounts & finance:
Delhi University, India (1st division).
. Accreditation in Internal Quality Assessment: The Institute of Internal
Auditors.
. Senior Secondary in Commerce with major in accounts, economics, business
administration & mathematics: CBSE, India (1st division).
. Certification in E-CRAFT (Visio, PowerPoint, Excel, Word etc.): ECIT a
Government of India Enterprise.
122 N. Primrose Ave. #C, Monrovia, CA 91016
abm1f0@r.postjobfree.com
VAIBHAV NARANG, CIA, CISA, CCSA, CA
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