Anurag M. - Internal Audit Manager

Anurag M.

Internal Audit Manager

India | Asia/Kolkata (USD)

$70/hr
Part-time:10-30 hrs/week
0, Followers

ABOUT ME

Chartered accountant with professional experience in the fields of Risk-based Internal Audit and Compliance management (Sarbanes Oxley Act & Internal Financial Control). During my professional career I had worked with the multi-functional team and have a strong understanding of business processes which includes Procure to Pay(P2P), Order to Cash(O2C), Inventory, Fixed Assets (PP&E), HR Payroll, General Ledger (GL), etc. Audit assignment involved traveling to client location across India and overseas. Internal Audit & Data Analytics: Risk-based internal audit included performing risk assessment, identifying control deficiency and process improvement opportunities by applying appropriate audit procedures and providing recommendations; Reviewed operations to ascertain whether the results are consistent with established objectives and whether the operation is carried out as planned; Involved in assessing and evaluating the adequacy of entity's risk assessment process and developing the design to address specific audit requirements; Proficient in audit analytics and involved analytics over large data population. Performed Red-flag analysis over procurement, billing and traveling expense data, identified outliers and highlighted: High- value revenue leakage through mining of large volume of billing data; Duplicate Vendor Payments, Invoice without PO's, Purchase order created on/after the date of invoice; Fraudulent Local Conveyance claims, etc. SOX & IFC Compliance: Performed SOX compliance review including the test of design(TOD) and test of operating effectiveness (TOE) for the globally listed organization which includes leading automotive manufacturer, consumer electronics, apparel, and an asset management company. Implemented ICOFR for a leading automotive component manufacturer in India. Independently prepared Risk Control Matrix (RCM), process narrative and recommendations as part of project deliverable. Risk Incidence Management Maintaining Risk Incidence Register: Involved in performing the desk review of the reported incidence and confirmation, carrying out root cause analysis which included the discussion with all stakeholders and obtaining their buy-in on the cause and the subsequent remediation, Finalizing the incidence case report, Identifying remediation action, owner and timelines; Validating the implementation of the remediation action (people/ process action) and presenting periodic management reports

SKILLS