RUSHABH AMIT KAPADIA

Toronto, ON M*M *A*

(m) +1-416-***-****

(e) ac8k3o@r.postjobfree.com

(in)www.linkedin.com/in/rushabh-kapadia-0

Highlights

- Professional Company Secretary (Governance Professional) with demonstrated experience of over 8 years in internal audits, controls and external audits

- Adapted to challenging work conditions, having worked closely with the Indian government authorities and semi-government bodies in India under strict timelines

- Effectively tackled complex business matters through conflict management skills and similarly planned, presented, demonstrated and executed audit assignments through negotiation and perseverance

- Developed strong audit and project management skills through continuous involvement for ongoing activity reviews and strong analytical ability with an eye for detail

- Ability to apply the COSO framework and IIA standards as preferred

- Committed to client satisfaction and relationship building through strong interaction skills

- Possess knowledge of accounts, taxation and auditing applications like QuickBooks, waveapps.com, Tally 9 ERP, and Taxbase

- Actively worked and presented data through proficiency in MS Office such as Word, Excel and PowerPoint and presented flowcharts through MS-Visio

Professional Experience

Internal Auditor

Livelihood Project Inc. (Organization Not For Profit) August 2018 – Present Toronto, Canada

- Mapping of digital accounting with e-finance and e-sales through implementation of Poynts-POS system of over the counter sales with banks and automatic download of entries to waveapps.com

- Setting up a systematic procedure for accountability and business activities and reporting internal control deficiencies identified and provide recommendations to the management along with mitigation plans for improving the organization’s operations, in terms of both efficient and effective performance

- Drafting detailed internal audit reports with clear and concise observations (based on identified issue), identify and assess the risk and provide recommendations to the board of directors

- Helping the mid to long term revenue generation target model by participating and developing the initial metrics for issuance of “Social Impact Bonds” in the Canadian Market along with a team of Students from University of Toronto

- Assisting with the creation of proposals and other business development initiatives by registering and applying for various Capital grants

- Using leading edge technology and data analytics toolsets like poynts system and waveapps.com to continually learn and deliver business insights to the management Accomplishment: Through recommendation helped management in setting up a steady, cost effective and systematic procedural method for day to day business operations such as stocking daily food items in FIFO basis and accounting activities such as implementing digitization of accounts from QuickBooks to waveapps.com

Assistant Manager – Accounts and Internal Audit

Hitesh Shah and Associates, Chartered Accountants February 2014 – February 2018 Mumbai, India

- Assessed risks and internal controls by identifying areas of non-compliance, weaknesses, inefficiencies and operational issues and reported to the management in a timely manner

- Audited company's revenues and expenses to ensure they met Indian accounting standards

- Executed assigned audits as per Risk Based Audit Plan (RBAP) independently and assisted in audit fieldwork carried out by the co-sourced specialist audit teams from the parent company or by external auditors.

- Provided assistance in auditing bank & cash, petty cash disbursements, fixed assets, revenue, expenses; purchasing card transactions, accounts receivable, travel expense report to ensure compliance with organization’s policies, procedures and internal controls and to detect fraud

- Prepared investigation reports, evidence documents and provided consultation and awareness to Cineplex businesses through Fraud Alerts, Loss Prevention techniques and training initiatives

- Conducted investigations using transaction analysis and Video Recording Systems to identify and investigate fraud indicators

- Prepared evidence files and investigation reports with recommendations and guidance for operations management and senior management and Provided regular updates to the management on the progress of investigations

- Extensively travelled throughout the country for performing auditing activities of the multiplexes, branches of banks and branches of insurances companies on monthly basis

- Helped in developing new and updating existing systems to uncover theft and fraud

- Performed criminal investigations and prepared reports for the police that resulted from these investigations. Attended appellate tribunal level appeals as a witness in exceptional circumstances

- Reviewed Video Recording Systems, reported service issues and trained operations team on the use of these systems

- Created, delivered, and participated in Risk Management training sessions for operations management

- Ensured compliance with respective government policies and procedures in terms of accounting and auditing, completed audit work papers and memoranda by documenting audit tests and findings

- Asked formal and informal questions to the process owner for the audit to be delivered in a timely and accurate manner and gave independent judgments on significant estimates or assumptions found in the financial reports

- Performed various concurrent and statutory bank audits of Nationalized banks in India and identified loopholes in tax deducted at source, returns filed for the same, advances and deposits, bills discounted, special accounts dummy staff, due diligence, record of cash at ATMs, KYC analysis, verification of Interest paid/payable, high value transactions and special review on fraud prone areas

- Performed process walk-throughs and internal audits for manufacturers of corrugated boxes in paper and box industry in their manufacturing plants

Accomplishment:

Through basic understanding of systems and processes of banking industry in general, conducted KYC analysis and money trail for a fraud investigation of $ 100 million with a public-sector bank in India Assistant Manager – Accounts and Audit

A I Kapadia & Associates, Chartered Accountants February 2006 – December 2013 Mumbai, India

- Discussing and negotiating proposed adjustments, penalty recommendations, technical and contentious issues with clients by utilizing verbal and written communication skills

- Examined financial and accounting records in detail and tangible items such as inventory, plant and equipment, and evaluated certain processes and procedures being performed

- Identified control issues and fraud indicators and expanded testing where warranted

- Attended manager meetings and visited locations by participating in audit training

- Conducted Discreet and Mystery audits, leading to identification of fraudulent expenses claimed by employees

Accomplishment: Proactive ideas leading to identifying ghost employees used by a Key Managerial Person to bribe government officials in Bhutan

Education

- Certified Internal Auditor (CIA) – Institute of Internal Auditors (IIA) Pursuing

- Certified Public Accountant (CPA) Pursuing

- Chartered Secretary (Governance Professional) 2008 Institute of Company Secretaries of India (ICSI)

- Bachelor of Commerce – University of Mumbai 2007

Certifications Affiliations

- Accounting Technician Certificate (ATC) 2018

Institute of Chartered Accountants of India (ICAI)

- Member of the Institute of Company Secretaries of India (ICSI) 2017

Contact this candidate