Praveen Nair Praveen Nair

Key Factors
• Analysis of Internal Control.
• Executing Internal Audit Plans.
• Executing the internal process/circulars/guidelines.
• Suggesting new/improvement in process.
• Conducting Audits for retail banking
• Depository functions audit.
• Trade Finance- BOE, LC, Imports Bills, export Bills, Foreign Remittances etc.
• Audit of clearing house.
• Whole Sale Banking audit.
• Currency Chest Audit.
• Admin. Audit.
• Compliance with RBI Guidelines.
• Checking the compliance with FEMA Guidelines.
• Check for all discrepancies.

Auditing
• Internal, Tax audit

Client Servicing
• Interacting with client and providing services like: taxation planning, general accounting principles, the regulatory requirement, and consultancy.

Analysis of Internal Control.
• Responsible for release of Internal Audits for all departments.
• Ensure best utilization of available resources.
• Responsible for Internal Control of Material Accounting, Purchase System, Finance.
• Physical Verification of stock.
• Conducting process review on the basis of approved periodic plan received from Audit Committee for all operational areas like Purchase, Accounts, Administration, Human Resource, Store and Production.
•Analysis of Imprest /Advance/Loan of employee
•Routine checking of Vouchers.
•Physical Verification of Cash.
•Checking of filling of TDS Return .
•Checking of Bank Reconciliation Statement.
•Reconciliation of bills of contractors with MB.
•Checking of proper implementation of escalation clause in construction bills.
•Age -Wise Classification of Debtors.
•Checking of records of movement and utilization of company & Hired Vehicles.
•Cane Center Visit for checking records of movement and utilization of Company & Hired Vehicles.
•Check for all discrepancies.
•Utilization of CENVAT CREDIT.
•Checking the reconciliation of the Excise duty in Distillery & Sugar Unit.
•Deduction of TDS
• Filing of TDS .