Dinesh Kumar K

Toronto ON 647-***-**** adjd9u@r.postjobfree.com linkedin.com/in/dinesh-kumar-k-cia-ca

Professional Summary

Certified Internal Auditor (CIA) and Chartered Accountant (CA) working in the financial services sector with 12+ years of increasing responsibility in internal, operational, and financial auditing, risk management, and compliance management. Committed to team building, process improvement, and adaptable auditing dedicated to evolving the profession in a proactive manner.

Professional Experience

Manager - Internal Audit Jan 2017 – Present day

Nationstar Mortgage Holdings Inc. (Mr. Cooper Inc.), Chennai, India

(Largest non-bank USA mortgage servicer companies in the USA)

Planned financial, regulatory, compliance and operational reviews/audit programs and performed testing to assess the design and operating effectiveness of internal controls in line with Internal Audit’s annual risk assessment and audit methodology.

Identified issues and worked in partnership with knowledgeable business leaders to identify root cause and evaluate the potential success of remediation plans. Maintain awareness of mitigating efforts within the business and assess the overall effectiveness of process improvements and implemented controls.

Formulated reports and drafted findings that clearly and concisely communicate risks and key audit issues, in terms of impact to the business and clientele, that provide stakeholders with measurable and actionable information.

Improved existing Internal Audit methodology as required by the Chief Audit Executive besides assisting in validation of corrective action plan completion.

Managed and reviewed reports and work papers for 4 Senior auditors in the team, conducted training and mentored the new hires. Volunteered added responsibility of managing 15 members’ continuous audit group for 6 months.

Identified issues with Loan Application Register customer filings prior to regulatory reporting, resulting in savings from potential fines and penalties.

Associate Manager – Internal Audit Feb 2014 – Jan 2017

UAExchange LLC, Chennai, India

Developed the departmental charter and procedures utilized to guide the UAExchange LLC, XpressMoney, and XM software solutions Pvt. Ltd audit department.

Provided summary audit reports to the Executive Management and Audit Committee on significant risk exposures, control issues, fraud risks, and governance-related issues.

Evaluated the adequacy and effectiveness, and ascertained the extent of compliance, with existing company policies and procedures relating to regulatory and operational best practices.

Led operational risk reviews of business processes, accounting systems and related controls, including the identification of gaps in the design of internal controls, and confirmed their efficiency in protecting the assets of UAExchange and its subsidiaries.

Identified errors in corporate tax provisions, resulted in minimization of tax liability of approximately $55k (USD.

Suggested improvements in the accounting procedure documents; e.g. fixed assets registers and custodial account reconciliations.

Deputy Manager – Internal Audit Aug 2013 – Jan 2014

CSS Corp Inc., Chennai, India

Planned and prepared audit programs and executed audits within proposed timelines and budgetary requirements.

Prepared audit reports and communicated major audit findings to key stakeholders.

Assisted the Internal Audit Head in setting-up a 4 members audit team.

Specialist Financial Reporting and Analysis Oct 2011 – Jul 2013

Shell India Markets Pvt. Ltd, Chennai, India

Managed activities pertaining to the preparation of financial statements with notes to accounts and statutory disclosures per generally accepted accounting principles.

Acting subject matter expert for all audit-related matters for internal/external liaisons pertaining to data analyses, documentation requests, and audit query resolution.

Performed trend analysis of income and expenditure accounts and reported to financial stakeholders, circulate for necessary clarifications and accounting/financial action.

Prepared monthly closing/adjustment entries and closed books of accounts.

Reviewed cash, bank, receivable and payables reconciliation statements periodically.

Reviewed General ledger accounts and Journal entries periodically.

Senior Internal Auditor Apr 2010 – Sep 2011

Wipro Corporate, Bangalore, India

Planned and prepared audit programs to mitigate identified risks based on discussions with process owners, stakeholders, and superiors.

Prepared final report of findings and discussed critical issues with stakeholders and process owners.

Audited software license utilization, recommended savings of around $1.7Mn by surrendering of excess unused software licenses.

Identified deviations from norms for the recruitment function that was resulting in cost leakages of $0.65Mn.

Provided support for external auditor reliance on Internal Audit work for SOX compliance.

Conducted fraud investigation on expense reimbursement process.

Analyzed transport module at one of the divisions of Wipro Ltd, resulting in annual cost savings of $45k.

Articleship Training Feb 2007 – Feb 2010

M.K. Dandeker & Co, Chennai, India

Responsibilities included introductory tasks within the fields of Statutory Audit, Internal Audit, Corporate Tax, and Regulatory Compliance in pursuit of the Chartered Accountancy designation administered by the ICAI.

Eligibility, Certification, and Education

Canada Permanent Resident (ID: 11-1736-5744) CAN -

Certified Internal Auditor (CIA) Institute of Internal Auditors, USA 2018

Master of Commerce University of Madras, India 2013

Chartered Accountant (CA) Institute of Chartered Accountants of India - ICAI 2009

Bachelor of Commerce University of Madras, India 2006

Pursuing Common Final Examination (CFE) CPA, CAN 2020

Skills

SAP, Archer, ACL, Teammate+, Hyperion, Workiva, Workday, and MS Office Suite (MS Word, MS Excel, and MS PowerPoint)

Internal Audit, Control Testing, SOX, Risk Assessment, Process Improvement, Stakeholder Communication, Report writing, Manage External Auditors.

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