An enthusiastic & high energy driven professional, targeting middle level assignments with a reputed organization in the field of Corporate Finance and/or Internal Audit and Compliances
Location Preference: Delhi-NCR
A focused professional with zeal to make a winning career in Internal Audit and currently associated with MBD Group as a Head Internal Audit. MBD is a India Leading Publishing House which also owns and operates 2 Five Star Deluxe Hotels under Radission Franchisee in each Noida and Ludhiana, 2 Leading Shooping Malls in each Ludhiana and Jalandhar, construction of upcoming Hotels and Malls of group)
Around 9 years of experience in risk assessments, risk management, process control reviews, internal financial control (IFC) preparation and testing, SOX testing, internal audit, process compliance, deveoplment of Data analystics tools with ERP team, Identification of key controls at entity and operational level, policy documentation, developing accounting manual and process gap analysis, financial planning and analysis, finalization of books of accounts (Balance Sheet and Profit & Loss), Finalisation and Monitoring of Budget.
Conducted planning of audits, preparation of audit calendar and finalization of scope, team allocation and briefing to team, reporting, reviewing, supervised multiple assignments at time, preparation of audit reports and audit committee presentation for key observations, deliverables and status updates
Remediation action monitoring and follow ups with the respective functional head till the closing of audit issues.
Timely updation of audit universe, audit calender, audit program & checklist, policies, status of audits in form of monthly MIS to the senior management.
Review of the various processes and procedures to ensure internal control effectiveness, efficient & effective utilization of resources. Reviewing the means of safeguarding assets and, as appropriate, verifying the existence of such assets.
Review the process which involves designing and implement the new audit methodologies for identification risk exposures and help the organization to mitigate the risks by introducing the internal controls.
Carry out special audits or investigations as required by the management from time to time.
Developed strong work relationships with client and key stake holders, provided assurance of compliances under various law, identified & escalated the potential business opportunities for the firm on existing client engagements
Expertise in project audits with respect to all activities starting from tendering, shortlisting of vendors/service providers, selction of vendor, review of construction contract and BOQ, appointment of PMC (Project Managememt Consultant), review of RA bills, ensuring government liceneses, approval and payments, statutory compliances review etc.
Possesses working knowledge of SAP, Oracle and Scala Software
A go-getter with strong communication, coordination, analytical & networking competencies
~Audit & Assurance ~Team Allocation ~Reporting & Reviewing
~Process Improvement ~Risk Assessment ~Internal Financial Control (IFC)
~Development of SOP ~Development of Accounting Manual ~Audit Committee Presentation
~Budgeting and Monitoring ~Finalisation of Books of Accounts ~Strategic Planning Analysis
1.Since Apr’18 with MBD Group, Delhi as Head – Internal Audit
2.Jul’16 with PricewaterhouseCoopers Pvt. Ltd., Gurgaon as Assistant Manager (Risk Assurance Services)
3.Sep’10-Jun’16 with S. S. Kothari Mehta & Co., New Delhi as Manager
Managing staff and leading multiple integrated audits by walking through in-scope processes and information systems, identifying controls-related risk areas and preparing process flowcharts
Planning and conducting audits, reporting, reviewing and implementing Yield value to the company in terms of cost savings, revenue protection, improving efficiency and quality of system and process
Executing the audits to provide independent assurance to clients about control framework and governance system are adequate and functioning
Providing assurance with respect to Internal Financial Controls over Financial Reporting
Finalizing scope, team allocation and briefing it to the team
Supervising multiple assignments at time in terms of quality and timely completion
Preparing reports, deliverables, status updates and audit committee presentations
Assisting partners in audit committee presentation
Developing strong working relationships with client
Appraising the Audit Head for audit findings and risk assessment relating to economy and efficiency of company resources
Assuring compliances under various law applicable to Manufacturing, Service and Hotel industry
Identifying and escalating the potential business growth opportunities for the firm on existing client engagements
Appreciated for outstanding performance in auditing and improving the process efficiency which got acknowledged by senior management
MAJOR AUDIT ASSIGNMENTS UNDERTAKEN
MBD Group, one of the leading education companies in India and has diversified into various industries including E- Learning, M-Learning, Skill Development, Eco Friendly Notebooks, Paper Manufacturing, ICT Infrastructure, Hospitality, Real Estate, Mall Development and Management.
MBD group owns and operate 2 Five Star Hotel, i.e. Radisssion Blu MBD, Noida and Ludhiana, 2 Malls i.e. MBD Nepolisis Jalandhar and Ludhiana, One ongoing project coming in Bangalore in Joint Ventures with Steginberger.
Key Role: Planning of audits, development of SOP, preparation of audit calendar and finalization of scope, team allocation and briefing to team, reporting, reviewing, supervised multiple assignments at time, preparation of audit reports and audit committee presentation, deliverables and status updates. Also actively involved in the MIS review and purchase negotiation of big tickets items.
PricewaterhouseCoopers Pvt. Ltd.
Hero MotoCorp Ltd.
oPrepared and developed SOP and accounting manual which defines the key risk control in the process in respect to function of Treasury, Procurement, Inventory, Sales, Accounting, Receivables, HR, Payroll, Taxation and many more
oPreparion of IFC matrix, testing and documenting of the evidence of the finding for reporting to the management for various audit areas
oConducted various internal audits like last audit of Quality Assurance process which includes controls over quality at the time of receipt of material, in-house production quality assurance, new product development and market complaints
oExecuted Supplier Audits for IKEA product manufacturing across the various location in & outside India
Jubilant Foods Ltd.
oReview of Sourcing, Procurement and Logistics function keeping in view of design and operative effectiveness of internal control systems and procedures and compliance with internal policies, procedures, generally applicable laws & regulations
S. S. Kothari Mehta & Co.
Hospitality Industry (Five Star Properties in India and outside India of international Hotel chain like Hyatt, Marriott, ITC, Starwood and Accor)
oAudit of operational and financial areas of Hotel properties from the owner side to assess the adequacy of effectiveness of internal control placed over reservation, front office operations, food and beverage operation, statutory compliances, engineering function, HR management, purchasing & store management, security function, labour laws compliance, transportation management, Housekeeping (including laundry operation), SPA, service contracts (including AMC’s) and operating equipment.
Manufacturing Companies (Internal audit of Auto Ancillary, Power, Constriction & Infrasrtucture, Oil and Gas, FMCG, Iron and Steel companies)
oAudit of Operational Areas for Manufacturing Units like review of Procurement to Payments (P2P), Order to Cash, Budgets/Forecasts (Critical Analysis of Sales, Production and Expenditure Budgets with Actuals), Annual Business Plan, Sales and Marketing Management, Production Management, Production Planning Management, Compliances of State and Central laws applicable to Factory, Human Resource Management, Revenue Assurance, Fixed Assets Management, Procurement and Store Management, AR/AP, Logistic Management, Insurance Management, Job work and many more
Completed all the assignments within the deadline
S.S. Kothari Mehta & Co. during 2007 to 2010 of Articleship Period
SAP, Oracle and Scala Software
Completed 250 hours compulsory Computer Training organized by ICAI
MS Office, Tally, Internet, Windows and other Basic Computer Operations
CA Final in May 2010
B.Com (H) from Rajdhani College, Delhi University in 2005
12th from Sarvodya Vidyalaya, CBSE in 2002
10th from Sarvodya Vidyalaya, CBSE in 2000
Date of Birth : 6th August 1985
Languages Known : English and Hindi
Address : M3-D5, Jhulelal Appartment, Pitampura, Delhi -110034
Marital Status : Married