CA. Priti Ramesh Chonkar

Residential address:

EB09/GF/01/04, Ezdan Complex, Umm Ghuwalina, Doha, Qatar Mobile: +974-****-****, Email: adbsy7@r.postjobfree.com Permanent address:

Flat no 10, Yugprabhat hsg. Soc., Keshavnagar, Chinchwad, Pune, Maharashtra - 411 033, India Mobile: +91-997*-**-**-**

Career objective

Value added Internal Audit Services to esteemed clients through application of analytical & Auditing skills combined with rich professional experience across various sectors. Academic qualification

• Member of The Institute of Chartered Accountants of India (January 2007).

• The Institute of Company Secretaries of India - completed 3 groups of CS Final.

• Bachelor of Commerce - Osmania University, Andhra Pradesh. Professional expertise

• Process and Risk based Internal Audits.

• Assignments on Enterprise Risk Management.

• Testing of Internal Financial Control (IFC) and identification of process gaps.

• Drafting of Standard Operating Procedures for various processes within the organization. Business sectors

• Advertising

• Engineering

• Education

• Healthcare

• Information Technology

• Irrigation

• Pharmaceutical

• Real Estate

• Spices

• Textile

Professional experience (Qatar)

Internal Audit Consultant (Education Sector) - Assignment basis with a leading international school owner and operator.

Ongoing assignment (August 2019 till date)

• Review of year end book closing activities, preparation of Management Accounts for Academic Year 2018-19 and discussion with the Management & Board Members.

• Review of period end closing activities, preparation of Management Accounts, MIS review and discussion with the Management & Board Member on a monthly basis.

• Concurrent Audit for the Academic Year 2019-20 and discussion of Audit report with the Board Member. Professional experience (India)

1) Management Consultant (Spices Sector) - Assignment basis with a Pvt. Ltd. company in Chennai, India. Ongoing Assignment (January 2019 till date)

• Review of monthly accounts, monthly book closing activities, preparation of monthly MIS for FY 2019- 20, annual accounts finalization for FY 2019-20.

2) Internal Audit Manager, M/S P. G. Bhagwat, Chartered Accountants, Pune (One of the leading Chartered Accountants firm in Pune, specializing in Statutory and Internal Audits, November 2013 - August 2017)

3) Internal Audit Consultant (December 2017 to March 2018) Job profile & responsibilities

• Internal Audit Manager reporting to the Partner-Internal Audit.

• In-charge for selected Audit projects, development of Audit scope in consultation with the Partner, conducting the Audit planning, overseeing the execution of the Audit, and leading closing activities.

• Supervision includes assessing project status and results and overseeing timely completion, including work paper review and report preparation.

• Reporting to the management on the effectiveness of internal control structures along with the recommendations that improve the effectiveness, efficiency and economic value of internal controls or processes.

• Assist Audit management with macro reporting by providing data relevant to Audit findings. Forbes Marshall and group companies, Pune (Engineering Sector)

• Export Incentive Audit - To ensure that the Export incentive schemes announced by the Government of India under Foreign Trade Policy where ever eligible to the organization have been considered and application for license & claim were made.

• Export freight Audit - To ensure adherence of SOP for Export freight w.r.t. process followed for selection of freight forwarders, approvals and finalization of export freight spot rates, approval process for excess freight and detention charges to be borne by company, maintaining export freight documentation, process for submission and accounting of export freight bills.

• Excise and Service Tax Audit - To ensure credit of excise duty and service tax is availed within prescribed the time limit mentioned under the act.

• Physical verification of Fixed Assets - Reconciliation of physical assets with Fixed Asset Register. Sungard Software India Pvt. Ltd. & Sungard Software Solution India Pvt. Ltd., Pune (Information Technology Sector)

• Procurement to Pay Audit (including Vendor selection, evaluation, Vendor Master maintenance, vendor balance reconciliation and confirmation)

• Payroll Audit (Employee selection, Employee Master maintenance, reconciliation of employee attendance, leave v/s. salary output files, salary payout controls and review of accounting entries)

• Physical verification of fixed assets - Reconciliation of physical assets with Fixed Asset Register.

• Standard Operating Policy compliance related Audit - Review of Employee rewards and recognition, Review of Bonus paid to employee (on achievement of targets), Review of Leave encashment paid to employees, Review of Mobile phone asset management (compliance with policy), Review of Referral bonus paid to employees, Review of Statutory Compliance applicable to company.

• Testing of Internal Financial controls of process, assessing the process gaps and suggesting necessary process improvement recommendations.

The Indian Card Clothing Co. Ltd., Pune (Textile Sector)

• Enterprise Risk Management - Conducting interviews with the Process Owners, collation of all risks applicable to the company and classifying risks into High, Medium and Low. Identifying and discussing the major risks with management and obtaining necessary action plans.

• Testing of Internal Financial controls of process, assessing the process gaps and suggesting necessary process improvement recommendations.

• Special assignment on cost benefit analysis for major raw material supply from new supplier vs existing supplier.

• Audit of Sales incentive to sales team - Compliance with Sales incentive policy, accuracy of sales incentive calculations, approval and disbursement of sales incentive to employees.

• Procurement to Pay Audit (including Vendor selection, evaluation, Vendor master maintenance, vendor balance reconciliation and confirmation)

• Customer Complaints Audit - Compliance with the policy, review of unresolved customer complaints, review and approvals of Free of Cost (FOC) to customers against complaints, review of lead time to resolve complaints, review of recurring customer complaints and action plans implemented to avoid future complaints.

• Physical verification of Stock and reconciliation with stock as per books.

• Order to Cash Audit - Review of Sales Order, Customer Master maintenance, Review of debit notes and credit notes, Review of Sales returns, Review and compliance of discount policy, Review of customer outstanding and advances.

• Review of scrap generation and disposal Audit - Monitoring generation of scrap on quarterly basis, selection of scrap vendor and disposals.

Finolex Plasson Industries Pvt. Ltd., Pune (Irrigation Sector)

• Drafting of Process documents for Order to Cash and Debtors Management

• Identification and plotting of Risk Control Matrix (RCM) for Order to Cash and Debtors Management

• Testing of Controls for Order to Cash and Debtors Management

• Information System Audit – Review of Info world software used by FPIPL w.r.t. internal control aspects Infosys Ltd., Pune (Information Technology Sector)

• Procurement to Pay Audit (Review of Open PO, Process of GRN, Accounting of Supplier invoices).

• Physical verification of fixed assets - Reconciliation of physical assets with Fixed Asset Register

• Statutory Compliance with laws applicable to the Sector Elpro International Ltd., Pune (Real Estate Sector)

• Review of Budget vs Actual expenditure for project completed and for pending project work.

• Inventory Management – Process of Inventory requisition and procurement, Maintaining stock levels, physical verification process, Material quality inspection process.

• Material Consumption Reconciliation – Accuracy and timely booking of material consumption, process of standard vs actual consumption, process of calculation of actual consumption.

• Statutory Compliance with applicable laws

4) Internal Audit Manager, Astral Consulting Limited, Pune (A leading provider of Internal Audit services specializing in Risk based Internal Audit including process based internal Audits, May 2007 - March 2013) Job profile & responsibilities

• Internal Audit Manager reporting to Senior Manager – Internal Audit.

• In-charge of selected Audit projects, overseeing the execution and closing activities of Audit, overseeing timely completion of Audit, including work paper review and report preparation.

• Taking part in Audit closure meeting and reporting to management on the effectiveness of their business unit's internal control structure along with recommendations that improve the effectiveness, efficiency and economic value of a control or process.

Johnson & Johnson Medical India; Mumbai (Pharmaceutical Sector)

• SOX Compliance, Customer service, Order entry, Sales incentive, Dealer Price differential claims & Dealer Audits, Employee travel expense Audits

Thermax India Ltd., Pune (Engineering Sector)

• Labor Laws Compliance, Quality Assurance, Finance, Procure to pay & Fixed asset management CARE Group of Hospitals, Pune & Raipur (Healthcare Sector)

• Revenue Cycle, Supply Chain, Hospital Operations, Human Resource, Financial closure & Compliance Audit

Mudra India and Mudra Max Pvt. Ltd., Mumbai (Advertising Sector)

• Review & redesigning of Standard Operating Procedures - Conducting one on one interview with the process owners, drafting the operating procedures, discussion of operating procedures with client and finalization.

S P Apparels Ltd., Coimbatore (Textile Sector)

• Redrafting Roles & Responsibilities within departments - Conducting interviews with employees within a department and understanding their job roles and responsibilities, identifying duplication of work done by employees and restructuring the employee job profiles, discussion with management and finalization of departmental job roles and responsibilities.

Miscellaneous assignments

• Titan Company Ltd.

• C.R.I. Pumps Pvt. Ltd.

• Bharat Bijlee Ltd.

Computer proficiency

• Working knowledge of MS Office, ORACLE, TALLY, limited exposure to SAP. Strengths & achievements

• Analytical and communication skills.

• Managing multiple Audits effectively, review & monitoring of work progress of Audit Assistants.

• Value addition recognized by the client in Enterprise Risk Management assignment and Payroll assignments.

• Appreciation by the Client and Partner for testing of Internal Financial Controls, assessing the process gaps and suggesting action plan to resolve the process gaps. Other activities

• Conducted in-house training programs - Updates on Indian Foreign Trade Policy w.r.t. Export incentives, update on provisions of Central Excise and Audit methodology to be followed. Interests

• Spending time with my family, cooking, listening to music. Linguistic knowledge

• English, Hindi, Marathi, Telugu.

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