Naressh J Jain, Head Of Compliance & Enforcement

Naressh J Jain

Head Of Compliance & Enforcement

Supreme committee for Delivery & Legacy

Location
Qatar - Doha
Education
Master's degree, Accounting
Experience
25 years, 6 Months

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Work Experience

Total years of experience :25 years, 6 Months

Head Of Compliance & Enforcement at Supreme committee for Delivery & Legacy
  • Qatar - Doha
  • My current job since September 2016

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  • My current job since September 2016
Chief Compliance & Audit Officer at for Onshore Petroleum Operation (ADCO)
  • United Arab Emirates - Abu Dhabi
  • April 2012 to August 2016

Drove a team of 10 In-house & 4 Outsourced Consultants and reported to SVP-Corporate Assurance & Ethics Committee
•Contributed as a member of key committees encompassing Corporate Governance Steering Committee, Business Ethics Committee, Member (Advisory) and Enterprise Risk Management Committee
•Directed development of risk-based audit & compliance plan as per company’s strategic, and potentials business risks
•Conducted key internal audit engagements encompassing Cost Control, ERP Systems, Maintenance, Surface Operations, Mass Balance, Drilling Operations, Well Testing, Oracle ERP Application Review, Cyber Security & Techno-Operations
•Played a key role in instituting EPC Project Audit Framework with tech-commercial risks assessment
•Recovered excess charges/ lost benefits & workers’ welfare dues from contractors by driving EPC contracts review engagements
•Ascertained business units adhered to Code of Business Conduct, Corporate Policies & Procedures, Regulation (including Labour Welfare) and ADNOC HSE Code
•Supported Corporate Governance Division to set-up Corporate Ethics & Governance Framework w.r.t. whistle blower, anti-bribery & anti-fraud policies in liaison with Internal Audit Division
•Established independent, confidential & multi-lingual Whistle Blower/Hotline Management Systems
•Steered efforts in executing a comprehensive, structured & robust Contractor Fraud Prevention & Management Program
•Liaised with Internal IT & external Consultants to deploy investigations process covering data analysis, data mining & forensic
•Strengthened risk champions through implementation of Enterprise Risk Management Program linking risk to corporate strategy using strategy map
•Trained mid & junior level management personnel on Code of Business Conduct & Anti-fraud Polices across organization

  • April 2012 to August 2016
  • April 2012 to August 2016
  • September 2008 to March 2012
  • September 2008 to March 2012
Head at STAR India Pvt. Ltd. (STAR TV)
  • Hong Kong
  • September 2008 to March 2012

Led a team of 6 members and reported to CFO & Corporate Governance Committee
•Analyzed “Tone at the Top” & “Control Environment” through cross-country surveys in Asia Pacific Region
•Steered finalization of annual audit plan specifically in line with companies strategic acquisition, post consultation with CFO and Board and Corporate Governance Committee
•Conducted due diligence reviews on potential business acquisitions
•Engaged in post-acquisitions and implementation of appropriate organization level policies & procedures (Code of Conduct, Whistleblower, SOX Compliance and DOA)
•Front-led multiple compliance engagements entailing Program Acquisition Process, Ad Sales Revenue, Subscription Revenue, Accounts Payable, Tape Management Process, IT & General Control Process and IFRS compliance
•Played pivot role in assessing Delegation of Authority Matrix before approval from BOD & CEO
•Supported risk mitigation & control environment by identifying & assessing criteria for risk across key business processes in line with adopted risk management model
•Contributed in setting up ERM Champions across processes & BUs
•Followed up with Corporate Governance Policies & Procedures and Standard of Business Conduct to manage (review, escalation, investigation & escalation) queries, complaints & information received on whistleblower email id/ hotline
•Successful in system implementation of pre-employment profile check for key & senior personnel before hiring
•Executed profiling for specific suspicious personnel of company/contractor with help of external consultants/ethical hackers
•Conferred CEO Award for developing bespoke Code of Business Conduct framework
•Rendered key support in implementation of anti-bribery provisions in contracts & sub-contracts and monitoring
•Pivotal in supporting ERP (SAP & On-Air) and other automation projects pertaining to financial processes
•Supported Business Excellence Division through benchmarking
•Handled department budget, resources planning, allocation and team appraisals

  • October 2006 to September 2008
  • October 2006 to September 2008
Manager at Tata Consultancy Services
  • United Arab Emirates
  • October 2006 to September 2008

F&A Compliance and Assurance
•Drove a team of 4 members and reported to VP - F&A Delivery
•Conceptualized & implemented Enterprise Risk Management (ERM) Framework and headed ERM activities for 6 F&A processes migrated from Clients & TCS Delivery Centre
•Liaised with Delivery Heads to implement COSO & COBiT based Control Structure
•Engaged in identifying & evaluating criteria for risk; headed efforts for business process mapping in line with adopted risk management model and managed risk & control repositories
•Collaborated with Business Process Owners, Auditors for SOX compliance with focus on IT Security & ITGC
•Identified, assessed & established a web based real time GRC tool/ software to manage SOX compliance projects, audit & compliance engagements
•Trained over 4000 employees in SOX Compliance, SAS 70 Audit Requirements and Internal Controls
•Rendered support in ISO 140001 & 27001 Certification Programs
•Implemented Six Sigma for process simplifications & improvements in liaison with IT & Finance Teams
•Devised proposals for potential clients related to SOX compliant processes, thereby supporting Business Development Teams

Manager at Hapag Lloyd Container Line
  • United Arab Emirates
  • September 2002 to October 2006

Internal Audit
•Led a team of 5 members and reported to GM/ VP - Internal Audi
•Steered risk assessment of all business units across Asia Pacific Region
•Standardized risk management through survey based Control Self-Assessment (CSA) Process
•Adhered to finalized IA annual plan to lead internal audit engagements for service units & agents
•Tracked mapping of SOX compliance process by identifying risk & related controls and reviewing gaps
•Conducted fraud analysis & investigations based on audit red flags & complaints registered through Whistleblower
•Developed & delivered Risk Heat Dashboards & Control Deficiency Flashboards to top management
•Facilitated GM-Internal Audit for audit universe identification, planning, resources assessment & audit engagements roll-out

  • September 2002 to October 2006
  • September 2002 to October 2006
Core Team Member
  • November 1998 to September 2002

Notable Accomplishments Across The Career

•Pivotal in achieving savings of:
•US$ 1 million in indirect tax through due diligence
•US$ 4 million in housing contracts through renegotiations
•Recognized as a

  • November 1998 to September 2002
Senior Executive at Stock Holding Corporation of India Ltd. (SHCIL)
  • United Arab Emirates
  • November 1998 to September 2002

Internal Audit
•Reported to Manager - Internal Audit
•Front-led corporate level audits for human resource & payroll, procurement services, sales and marketing
•Performed financial, operation & facility management audits for Western Region Branches

Education

Master's degree, Accounting
  • at Mumbai University
  • January 1997

courses: Chartered Accountant from ICAI

Specialties & Skills

Process Control
Certified Fraud Examination
Corporate Governance
Internal Audit
BUSINESS PROCESS
CONTRACT MANAGEMENT
DUE DILIGENCE
FINANCIAL
NETSCAPE ENTERPRISE SERVER
PERSONNEL
POLICY ANALYSIS
PROCESS ENGINEERING

Languages

English
Expert
Hindi
Expert
Urdu
Expert