Shivaun Gyan

Senior Manager - 2012 - 2015
Director 2016 - 2019 (Present)

(Direct reports vary by project but range on average from 2-20 | 120 indirect reports)

Key Stories

(i) Chosen as the only EMEIA representative to rewrite EY’s global Internal Audit methodology as part of a 4 man team from around the world.

(ii) Tasked to transform the MENA Internal Audit service function, the most unprofitable in margin, revenue, sell on work and client calibre in the region and impacted by aggressive competition from other big 4 and smaller firms.

(iii) Engaged by a major state-owned company, to assess staff competency and productivity as well as determine opportunities for automation, following a recent downgrade in credit rating by leading international rating agency

(iv) Handpicked to formulate an innovative, leading-edge internal audit digital offering based on EY’s Intellectual Property as EY expanded service availability to small and medium-sized businesses in a digital world.

(v) Secured EY’s first ever internal audit contract with a high-profile UAE state institution responsible for financial policy and regulation, valued at circa $(confidential)K after considerable networking and relationship building.

(v) Leading numerous other multiyear internal audit relationships in Banking, Oil & Gas, Power & Utilities, Real Estatate and Construction and Financial Services.


Details in CV

Key Stories

(i) Conducted viability assessment of a troubled government entity for the Ministry of Finance in Bahrain, losing more than $1B per year with a failed turnaround strategy.

(ii) Pinpointed to lead a performance audit of a major quasi-government entity in GCC as per royal decree with the audit determining the economy, efficiency and effectiveness of public fund uses.

(iii)Engaged to perform a risk assessment across 16 African country operations by a long-standing telecom client selling operations in Africa to a competitor.

Details in CV

▪ TTPOST - Trinidad and Tobago Postal Corporation
I reported to the Managing Director and Audit Committee of the Board of Directors, formulated the company's audit committee and internal audit charters, assessed the policy framework and led new policy and procedure creation throughout the organization which was lacking coherence and formality.
▪ Bermudez Group (Regional manufacturing and distribution group headquartered in Trinidad & Tobago)
I directly reported to the C.E.O. of five food and snack companies to validate a risk assessment of the organization with senior management. Set up the risk-based internal audit function preparing the audit universe, charter, budgets and a three year plan for the function. This helped identify significant process shortcomings which in turn improved the inventory management function, the manufacturing process and distribution companies. As a result this reduced variances to levels acceptable by management were realized.

• For a publicly listed billion dollar entity, I formulated the strategy and project plan to substantively validate Financial Statement balances and determined pervasiveness of accounting inconsistencies across key locations which included fraud analytics and interviews at the regional and branch levels. As a direct result of this work we were engaged to re-engineer the client’s controlled payout process, a major fraud concern due the decentralization of the client operations. I then summarized and presented audit findings to the C-Suite executives and trained client staff on audit best practices and aided set up of audit infrastructure.
• For EY’s largest financial services client in its US advisory practice I was appointed as one of three members of the team tasked at creating the “plan of attack” for the initial year of operations upon EY’s replacement of the client’s internal audit function.
• As part of a loaned executive arrangement I represented the controller of a division of major retail client at meetings with other division controllers and ERP specialists during migration of ERP from Hyperion to SAP.
• Project Manager on major international retail client for the global entity level and process level testing for the company’s first year of SOX compliance.
• Compliance Advisory Manager on major international retail client. Developed a list of value added improvements for the client’s compliance tool such as gaps in risk to control mapping, essential control wording revisions and obtained an in-depth understanding of the functionality of client’s tool to enable the most efficient use its capabilities.
• Executed royalty and compliance audits of distributors and licensees based on agreed upon procedures throughout the United States, Latin America (Mexico, Guatemala, Venezuela) and Scandinavia (Finland) leading to millions of dollars in recovered dues/royalties to our clients.

Consultant to Semi-Senior/Supervisor Consultant