Deepak Deepak Kumar

- Preparing annual audit plan.
- Developing of internal audit checklist for plant, warehouse and corporate audits.
- Preparing Audit Committee presentations.
- Carry out special investigation and ad-hoc audits.
- Conducting kick-off meeting with unit head, ascertains the scope, discuss findings and take sign-off.

- Analysis of Product Variance - Standard Vs. Actual
- Generating Usage Variances, Yield Variances and List formula Cost every month and sharing with Plant and R&D Team.
- Analysis of product mix variance and its impact to senior management.
- Analysis of landed cost of Raw Materials and Packaging Materials on monthly basis
- Ensuring month end closing and MIS to management.
- Deriving SKU-wise contribution to sale on monthly basis.
- Frequent visit to plants to review factory operation and accounts.
- Leading annual stock taking at all locations.
- Accounts Payable Management i.e., approval, ageing, reconciliation etc.
- Discussion and finalization of plants budget
- Preparation and presentation of plant Capex & Expense budget to Management. Carry out budgetary control viz., monitoring of spending Vs. allocation on monthly basis.
- Knowledge of OPM, Local India Inventory, Production Supervisor, Local India Payable, General Ledger Module in Oracle.
- Discussion with Oracle Team for creation and validation of new MIS generation.
- Consolidation and reconciliation of excise duty on monthly basis.
- Co-ordination with banks for treasury function.
- Interaction with Internal, Cost and Statutory Auditors.
- Co-ordination with IT Auditor for system control and manual control. Mapping of relevant control with respective transaction event in system.
- Member of Purchase Negotiation Committee. Participation in commercial negotiation with vendor and assisting procurement department for further inputs.
- Handling a team of 4 peoples directly and 6 indirectly consisting of chartered accountants, cost accounts, post graduate and graduate sub-ordinates.

 Preparing internal audit plan for various projects and departments.
 Developing internal audit checklist for projects and various functions.
- Ensuring tax compliances with regards to VAT, Service Tax, WCT, Income Tax and Labour Laws.
- Carry out onsite visit to projects and carry out internal audit of the same.
- Discussion of audit report with the project heads and functional heads and getting their sign off for the same.
- Presentation of audit findings with quantum of impact to management with recommended course of actions.
- Carry out special investigation as directed by the management.

- Developing checklist for RO audits, engineering, mechanical and BOT projects.
- Conducting the in-depth internal audit of RO, plants and sites.
- Carry out budgetary analysis and report variance.
- Ensuring compliance of open items reported in the earlier internal audit reports.
- Carry out special assignment or investigation as directed by the Management.

- Planning and Execution of audits of Retail Branches, Regional Processing Center, Central Processing Center, Integrated Currency Management Centre and Cash Replenishment Agency as per ISO approved Query Sheet & Sample Sheet.
- Using extracted data from finacle in the form of SQLs to conduct the audit and also initiating SQL based audit sampling for major risk prone areas.
- Reporting of Critical Issues through Key Audit Findings (KAF) upto the level of Audit committee.
- Appointing outsourced Chartered Accountant Firms to conduct audits on behalf of the bank and also, providing proper training and guidance for smooth closure of audits conducted.
- To mentor, coach, develop and monitor the Team of Auditors to ensure they achieve their full potential to meet the required deadlines with speed and accuracy.
- Continuous Review of audit reports both internal and concurrent and finalizing the rating after discussion with the branch and auditors.
- Drafting and continuous review of the checklist for audits in accordance with internal circulars, guidelines and prevailing laws and statutes.
- Evaluating the Internal Controls for adequacy and effectiveness of Systems and Processes of Retail Branch Banking, Regional Processing Centre, Integrated Currency Chest Management and Central Processing Centre as per RBI and other Guidelines.
- Conducting in depth checking of KYC guidelines, AML related issues, Clearing & Forex transactions etc.
- Checking for adherence to Income Tax Act for proper deduction, remittance of TDS at RPC.

Trained in Prasad Azad & Co. a leading firm of Chartered Accountant in New Delhi as an Articled Clerk and gained massive exposure under Mr. Deepak Azad (FCA), for 3 years as per the requirements of Chartered Accountancy Course