Consultant Business Consultant
Ernst & Young
Total des années d'expérience :9 years, 11 Mois
Evaluated multiple businesses to assess risk, enhance processes, and undertake automation and mitigation activities.
Performing comprehensive process and system reviews, including on-site investigations, to pinpoint crucial areas requiring improvements, in Operations, Billing, Revenue and Collection, Finance and Accounts, Human Resources, and Assets Management.
Executing SOX audit - K-SOX for TOD testing, assessing, and documenting internal controls, identifying deficiencies, and recommending corrective actions.
Implementation of Internal Control over Financial Reporting (ICFR) along with Risk and Control Matrix (RACM) preparation.
Across all businesses, 8-10 instances of high risks were observed and recommendations to mitigate were provided.
Automated processes to improve performance in 5 scenarios that led to cost savings.
Mitigated financial loss due to non-optimum utilization of resources and inefficient use of authority matrix for approvals that could have also damaged reputation.
Raised a red flag due to non-compliance with SOPs, disregard for the line of authority, and clarity on roles and responsibilities. This resulted in the management taking disciplinary actions leading to a savings of potential loss of reputation added Rs. 4.5 lakh to the company’s bottom line.
Streamlining SOPs across all showrooms to ensure technology adoption, implementation of audits as per timelines, and escalations of repeated violations led to an increase in sales revenue of close to 10% of stores.
An internal audit program for all showrooms was initiated and executed for the group.
• Working on development of Risk Based Audit model by identifying & analysing risks involved and internal control weaknesses, internal financial controls and reporting to the top management
• Highlight and recommend continuous progression of various sections/functions based on the audit findings across the company to the top management
• Preparing audit programs, scope for audit, drafting audit reports with a view to highlight the shortcomings and implementing necessary recommendation; managing end-to-end audit process within time & budget
• Examining books of accounts of stores across the country ensure that all numbers are accurate, regulations complied with and all payments accurately classified and recorded
• Adhering to accounting controls by following policies & procedures in compliance with legal & regulatory requirements
• Ensuring that audit findings and recommendations made during the course of the audit for group companies are promptly communicated to management; preparing final audit reports and other deliverables as necessary
• Assessing compliance with governmental and jurisdictional regulatory requirements, financial accounting and auditing standards, and company policies to ensure that company assets are safeguarded
• Assessing the shopper satisfaction and experience through mystery audits across the group companies and weighing the essential changes prerequisite to increase the shopper involvement across the group entities
• To implement the SOPs across all the stores to set an upward trend in adherence of SOPs and statutory compliance
• Investigated the unusual trends in collection of sales, exchange and other related transactions and analysed the trend across India, region, store & category wise
• Conducted audits for Companies’, NGO’s, Schools and Hospital’s accounts and its Financial Control Systems recorded accurately and reliably
• Led the preparation of financial statement, advice and update clients on queries relating to Income Tax, Service Tax and Company Accounts
• Ensured compliance with tax laws and companies act such as tax audit, filing of return of income, computation of advance tax, maintaining and verifying of assets schedule as per both Income Tax Act and Companies Act
• Worked on Tally ERP9 software, led the preparation and submission of Annual Report of Foreign contribution received by the NGOs to Ministry of Home Affairs as per the guidelines laid down in Foreign Contribution Regulation Act and Project wise Utilization Certificate or Statement of Accounts for various client
• Regulated cash management, preparation of budget, payroll & financial disbursements of the accounts of liaison office “Axstores Far East Ltd.”
• Maintained journal entries in daily books, tracked petty cash account, travelling and bifurcation of courier expense according to the various departments
• Reduced TDS as applicable and complied with TDS provisions like deposition of TDS within due dates, preparation of filing quarterly returns and bank reconciliation statement
• Generated and maintained various MIS reports & documents like Annual Report, Annual Activities Certificate, Staff Details, Assets Detail to Head Office (Hong Kong) and presented the same to the General Manager
A case study on the Financial, Marketing, and Operational Strategies on British Gas Group A Case Study on The Global Pharmaceutical Industry How Environmental and External Forces Affect the Strategies of the Industry Service Quality that affects Hotel Industry Focusing on Crowne Plaza Hotel Dublin A Case Study on Nestle Global Organizational Structure Thesis Value Creation Logic of Consolidating Horizontal Mergers in the Global Industry of Arcelor and Mittal
