SUSHIL KUMAR SINHA

Phone: 097********

E-Mail: adoqta@r.postjobfree.com

Seeking an audit-related role with companies to provide operational, financial, and compliance and provide business process improvement.Presently I am working as professional internal audit consultant in Nagpur. Now I am available to associate with good organisation & willing to relocate and/or travel.

Experience includes managing risk and improving processes. Successfully directed strategic planning, audited, and improved results for manufacturing private organizations, Power Plant (Project Audit/Accounts & Costing) for-profit and not-for-profit. Skilled at developing innovative solutions to improve revenue, ensure compliance and cut costs. My strong operational understanding establishes standardized processes to ensure efficiency and productivity during major changes.

Career Abstract

I have completed ICWA in 2000. Having nineteen years of rich experience in various manufacturing companies/ heavy industries in internal audit, introduced several internal Control System, reviewed it & successfully completed.I have worked in SAP /ERP/Tally environment as Deputy General Manager (Internal Audit), leading 15 members team in Jindal Aluminium Limited, Bangalore.

SPECIAL ACHIEVEMENTS

●Identified Rs. 2.50 crores per year excess fuel consumption in power plant with respect to OEM Manual effectively reducing power cost of the company.

●Recovered from contractor excess payment made since last four years sum of Rs.8 lakhs.

●Reduced Liquidated Damage Charges by highlighting the time over run/Cost overrun with reasons of delay.

●Reviewed the procedure & optimised bill processing time

Special Skills

Execution

Ensure timely completion of work

Consulting

Design to make timely completion of work

Leadership

Mentor up to 15 personnel, many without internal audit skill

Reporting

To all members of the organization including internal control improvement, compliance & cost saving

Organizing

Time management & problem solving ability

Risk Management/ Compliance Tool

Worked as Admin

Organisational Details

2016(Nov) to 2019( 5th Oct): Jindal Aluminium Ltd., Bangalore

I was leading a team of 15 members of audit department. Responsible for Extrusion Plant,Rolling Mills Divison, Jindal Public School, Jindal Womens College, Mahila Arts & Craft College,Jindal Hospital ( Nature Cure, Manav Charitable Hospital, Jindal Charitable Hospital),Guest House.

My present job profile are as under-

I.Designing, Reviewing, Evaluating & Monitoring Internal Controls and suggesting the management whether internal control exists or not and whether they are adequate or not.

II.Drafting SOP based on the requirements of the Organisation such as Inventory Management, Fixed Assets Management, Risk Management, Purchase Management, Security Management & Scrap Management.

III.Preparation of Process Charts for Key Functions & Identifying Red Flags.

IV.Preparation of Annual Audit Plan / Calendar by proper selection of Audit Areas.

V.Preparing Checklist & Circulating to Process Owners for Control – Management Effectively.

VI.Reviewing adherence to compliance with Company Policies & Procedures.

VII.Preparation of Final Internal Audit Reports & Circulating to Directors & Process Owners.

VIII.Preparation & Presentation of Quarterly Audit Committee Presentation.

IX.Strong Follow up on Implementation of Mutually Agreed Critical Audit Findings that corrective measures are implemented to achieve desired results.

X.Co-ordination with External Audit Agencies & Statutory Auditors.

XI.Verification & Bill passing of expenses of people reporting to directors.

XII.Conducted various Process & Functional Audits on areas such as PlantOperations Study, Audit of Procurement to Pay Cycle, Review of Accounts Operations, Treasury & Fund Management Study, Fixed Assets Management, Insurance Audit, IT & System Audit, CAPEX Audit, Sales Forecasting & Planning Process, Bill Passing, Product Costing & Analysis, Receivable & Payables Management,ExpensesScrutiny, HR, Payroll & Admin Audit, Statutory Compliances etc.

XIII.Preparation of risk management presentation for Board of Directors.

XIV.IFC Testing

2015(Dec) to 2016 (Oct): Orient Paper & Industries Ltd., Amlai, Chhatisgarh (C K Birla Group)

Responsible for all the activities as internal auditor of Paper Plant, Power Plant & Chemical Plant. Assigned the task to subordinate & accomplished the task as per audit calendar within schedule period, update audit tracker, follow up with the auditee & accomplished the special assignment given by local management, Co-ordination with external/ corporate auditor.

2011(April) to 2015 (Nov): Jayaswal Neco Industries Ltd

Worked as Senior Manager (Internal Audit), posted in Nagpur, 10 subordinates were reporting to me. I was heading the department and was authorized to attend audit committee. As Head of Internal Control Unit, the Reporting Head was Managing Director & responsible for:-

a.Pre Purchase Order Audit

b.Pre Payment Audit

c.Pre Sale Order Audit

d.Preparation of Audit Plan

e.Supervise audit staff, accomplish the target as per schedule

f.Discussion & finalization of Audit Report

g.Review the procedure and system-discuss with management

h.Accomplished special assignment given by management

i.Follow up audit

2007(February) to 2011 (April) Ambuja Cements Limited (Holcim Group)-Bhatapara, Chhatisgarh/ Chandrapur, Maharashtra

Joined as team leader at the plant of Bhatapara, Chhatisgarh and accomplished the audit plan as per schedule, discussion with auditees and plant head, finalization and follow up of reports in addition to below mentioned jobs:

a. ICS (Training & Implementation)

b. Risk Assessment

c. Review of Internal Control System

d. Monthly analysis of Sales/Debtors/Suppliers/ Inventory etc.

e. Preparation of Monthly Report

f. Review of Segregation of duties & Delegation of power

g. Review of Annual operating & Maintenance Contract

h. Major contract Review (Capex)

In April’2011, I was promoted as Dy. Manager (Controlling) and got transferred to Chandrapur unit in Maharashtra with reporting to Sr. Manager (Costing) and responsible for:

a. MIS Report (Cost Sheet, Machinery Efficiency, Actual exp vs Budget wrt approval, Trend of Materials Cost with reasons)

b. Variance Analysis

c. Monitoring & Analysis of Raw Materials, Fuels

d. Proper booking of expenses.

e. Preparation of Monthly Report(Inventory Report,Power Cost,Quantity Reco, SKF etc)

f. Monthly Flash Report/Forecast

g. Handling Internal Audit, Statutory Auditor, Cost Auditor, Tax Auditor Requirement

h. Correct posting of transactions

2003(September) to 2007 (January)- Walchandnager Industries Ltd, Pune

Walchandnagar Industries Ltd.(WIL), established in 1908 is a Heavy Engineering Company with a presence in Strategic Sectors like Defence, Nuclear & Aerospace and Industrial Products like Gears, Centrifugals, Castings and Gauges. Certified for ISO 9001:2015, WIL also has a presence in Oil & Gas, Railways and in EPC sectors through its offerings for Sugar Plants, Co – Generation Boilers and Cement Plants.

I joined this group as Deputy Manager-internal audit, promoted as Manager-Internal audit within 18 months.My reporting authority was Deputy General Manager(Internal Audit).

Personal Details

Permanent Address: SUSHIL KUMAR SINHA

C/o Shri Sunil Kumar Sinha, 308,Shivduti Palace, Sugat Nagar Chowk,Nari Ring Road, Nagpur - 440 026(Maharashtra)

Date of Birth: 2nd January 1971

LAST SALARY:Rs.15.00 Lacs pa CTC

EXPECTED SALARY:As per company policy

NOTICE PERIOD: Within 15 Days

DATE : (SUSHIL KUMAR SINHA)

PLACE : NAGPUR

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