Saravanan M Selvaratnam * P a g e

Summary Profile

Over 14 years of experience in internal

auditing profession has provided review

engagements coverage for various

business segments and industries.

Currently, he is specialising in fraud

assessment and investigations in line with

his aspiration to be a Certified Fraud

Examiner (CFE). Saravanan possesses

good communication skills, high level of

ethics and integrity. He is resourceful in

data analytics, identifying key controls

and business process gaps and

professionally skeptical in embracing

good governance and compliance culture.

He has excellent leadership attitude that

enables him to train and develop team

members to master evolving audit

techniques and skills in ensuring quality

financial reporting and effective financial

management. In line with his personal

motto, he stays focus in his undertakings

and strive to be productive. Saravanan

has proven track records in investigating

fraud cases and implementing successful

fraud assessment techniques for proving

prima facie cases.

Professional Experience

1. Kelab Taman Perdana Diraja Kuala Lumpur

Finance Manager [April 2019 – June 2020]

Overall, speerhead the financial management of the Club including Slot Machine operations, inventory planning, cost monitoring and procurement activities. Performed annual financial budgeting, planning and monitoring of Opex and Capex. Report monthly financial updates to Club Management and General Committee for review and noting. Regularly liaise with bankers for better FD rates and short term money market placements. Undertake continuous improvement initiatives to enhance Club’s operating systems (OS) functional features and controls for effective data analytics review, assessment and reporting. Achievements / Accomplishments:

Reviewed and updated Finance Department’s operational manuals i.e. SOP in line with the current OS.

Streamlined Accounts Payables (AP) processes to comply with ‘3 Way’ matching compliance requirements.

Established frameworks for registering Approved Vendor Database listing that include vendor assessment and evaluation control processes.

Streamlined Accounts Receivables (AR) Recovery & Collection Unit for effective credit control management.

Established optimum stock holding levels for Food & Beverages items by implementing effective process flow controls to set ‘Min & Max’ limits, ‘Re-Order’ limits and ‘Inventory Aging’ reports for monitoring control.

Implemented ‘Zero-Based’ financial budgeting model for effective budgetary planning by Club’s functional operations.

Resume

SARAVANAN M SELVARATNAM

adesgt@r.postjobfree.com

013-***-****

Personal

Motto

FOCUS

Mission in Life

FRAUD

EXAMINER &

TRAINER

Saravanan M Selvaratnam 2 P a g e

2. MK Tron Holding Sdn Bhd

Internal Audit Manager [July 2018 – March 2019]

Primarily set up Governance, Risk & Compliance (GRC) structure for MK Tron Group of Companies. Developed a structured Annual Audit Plan for the Group based on risk-based audit approach, while introduced Risk Management and Fraud Prevention models to strengthen the GRC frameworks in phases including Whistleblowing (WB) Channel into corporate website. Performed high level reviews of new Ramco ERP system post implementation, procurement controls, and preventive maintenance (M&E) for all manufacturing plants’ operations in Malaysia. Provided oversight coverage for another 3 manufacturing plant operations in India as part of continuous monitoring, assurance and surveillance reporting.

Achievements / Accomplishments:

Devised and implemented Financial Limits of Authority (FLAG) to govern and outline Senior Management’s roles, authority delegation and responsibilities for effective monitoring control in approving business transactions.

Reframed the internal audit report format by embedding the audit finding classification, risk impact ratings and overall audit opinion rating matrix.

Proposed a Group Internal Audit policy and practicing manual to the Audit Committee.

Drafted Risk Management policy and guidelines to implement and rolled out techniques for risk identification, profiling, assessment, monitoring and reporting. 3. Sime Darby Holdings Berhad

Assistant Vice President, Group Corporate Assurance (GCA) [2008 - 2017] Managed and delivered audit engagements for GCA Industrial Division under Malaysia Region. Previously asssigned under other Divisional teams namely, Plantations, Property, Group Head Office, Healthcare and Energy & Utilities (Non-China Operations including Oil & Gas segments). Prepared and presented periodic reporting to Flagship Subsidiary Board (FSB) and Divisional Management. Prepared Divisional Audit Plan and reviewed bi-annually in ensuring alignment with Divisional business strategic objectives and operational growth expansions. Coordinated engagement review closures with key stakeholders to finalise audit reports’ issuance. Managed special reviews and investigative audits. Participated in audit team talent development programs and facilitated internal trainings for governance, control & compliance and risk management and procurement fraud areas. Achievements / Accomplishments:

Devised and implemented working template for Control and Business Process Assessment and Evaluation.

Developed an Investigation Work Plan for investigative reviews based on Fraud Triangle model.

Developed appropriate fact findings template based on ICQ model for concurring facts gathering process as part of ‘Root Cause’ analysis.

Devised and implemented audit report format based on the COSO Internal Control framework.

Developed testing template to assess and examine for potential bid rigging activities and conflicting arrangements involving procurement audits.

Developed testing template to analyse project management monitoring controls i.e. costing, margin, timeline, unbilled sales and final account closures including subcontract managgement. Saravanan M Selvaratnam 3 P a g e

4. Moores Rowland Risk Management Sdn Bhd]

Assistant Manager, Internal Audit [2007 – 2008]

Managed outsource audit engagement reviews involving various business segments and industries. Scheduled audit jobs in line with the Approved Audit Plan established for each audit clients. Managed audit resources and review engagements with clients. Prepared audit planning memorandum and audit work programs for key auditable areas. Liaised with clients for pre-engagement planning for confirming commencement of audit fieldworks. Experienced in working with all levels of management in sustaining good stakeholder relationships. Responsible for audit reports finalisation and undertook special reviews and investigations as directed by Senior Manager, Internal Audit. Achievements / Accomplishments:

Improved audit templates for effective key controls and risk assessment activities.

Designed and implemented worksheet for assessing and evaluating business process efficiency.

Designed and implemented ‘Dashboard’ monitoring mechanism to track outstanding recommendation for high level reportings.

5. Genting Plantations Berhad

Executive, Internal Audit [2006 – 2007]

Assisted Audit Managers in preparing quarterly reports for presenting to Audit Committee as part of Head Office Audit Team. Carried out follow-up reviews arising from reported key audit matters for confirming corrective action status. Joint force with Plantation Audit Team for several compliance and operational field audits. Attended procurement tender openings as independent observer. Achievements / Accomplishments:

Designed and executed Related Party Transactions analysis template.

Updated audit work programs in line with Enterprise Risk Assessment updates.

Proposed and implemented follow-up review template for monitoring key audit matters’ implementation status of prescribed recommendations. 6. Dairy Farm Giant Retail Sdn Bhd

Executive, Internal Audit [2004 – 2006]

Assigned under Non-Store and Head Office Audit Division. Performed preliminary audit planning for ascertaining audit objectives, scopes and approach for Complex Management Operations engagement reviews. Prepared audit work papers, audit planning assessment and drafting reports for Section Head reviews. Assisted Section Head for conducting investigations involving malpractices, wrongdoings and fraud related cases lodged into Whistleblowing channel. Achievements / Accomplishments:

Developed and implemented Audit Checklist to assess technical and OSH areas for Complex Management reviews.

Assisted Management in implementing Finance Authority Limits for approving unbudgeted operating expenses for Complex Management.

Proposed and implemented Control Self Assessment (CSA) ICQ for building facilities and technical compliance areas.

Saravanan M Selvaratnam 4 P a g e

7. Iswara & Company Chartered Accountants AF : 0976 Associate [2001 – 2004]

Undertook statutory audits, prepared final accounts and reports for partners’ review. Performed tax computations and coordinated filling matters for ROC and IRB. Prepared full set of accounts into UBS system for certain clients.

Education, Certifications & Affiliations

Educational

Backgrounds

1. Highest Education

Level Postgraduate Programme (currently pursuing)

Field of Study Masters Degree Programme

Major Masters of Accounting in Forensic Analysis

Name of Institution Asia Pacific University of Technology & Innovation (APU) 2. Highest Education

Level Certified Internal Auditor – CIA program (final paper Part 3) Field of Study Globally recognised certification program Major Internal Auditing

Name of Institution Institute of Internal Auditors 3. Higher Education

Level Undergraduate

Field of Study Bachelor of Commerce and Management Major Accounting

Name of Institution Lincoln University

Location Canterbury, New Zealand

Graduated September 2000

4. Higher Education

Level Diploma

Field of Study Commerce

Major Accounting

Name of Institution Stamford College

Location Kuala Lumpur

Graduated July 1994

Professional

Credentials

Professional Bodies

Membership

Type

Membership

No.

Since

Year

1. The Institute of Internal Auditors Associate 208***-**** 2. Associate of Certified Fraud Examiners Associate 629***-**** 3. Malaysian Institute of Accontants Candidate N/A 1997 Professional

Fraternities

Other Bodies / Associations

Membership Type Membership

No.

1. Malaysian Association Certified Fraud

Examiners (MACFE) - Malaysian Chapter # 112

Executive Council

Member

0012

2. Malaysia Crime Prevention Foundation Ordinary Member 102062 3. Transparency International Malaysia (TIM) Ordinary Member N/A Referees:

1. Dato’ Akhbar Satar

President MACFE

Contact no: 017-***-****

Email: adesgt@r.postjobfree.com

2. Ms. Geetha A Rubasundram

Accounting Faculty Lecturer – Asia Pacific

University

Contact no. 012-***-****

Email: adesgt@r.postjobfree.com

Contact this candidate