www.wizmatrix.com Consulting Bangalore : Internal Auditor

[Admin]

Wizmatrix Consulting

Keywords: internal Audit , Audit , Sarbanes - Oxley , SOX , Due Diligence

Designation: Internal Auditor
Experience: 3 - 4 Years
Location: Bengaluru/Bangalore
Education: UG - Any Graduate - Any Specialization
PG - CA,MBA/PGDM - Any Specialization, Finance
Industry Type: BPO/ITES /CRM/Transcription
Functional Area: Accounts, Finance, Tax, CS, Audit
Posted Date: 25 Nov 2008

Job Description
Role: Auditor

Location: Bangalore

Exp : 3 to 4 yrs

Qualification :CA

Location: Bangalore

Description

Job description:

1. Evaluate integrity of management controls and effectiveness of business processes.
2. Provide recommendations based on detailed evaluation of management controls.
3. Effectively work as team player in globally distributed teams on assigned audit reviews and reports.
4. Participate in cross-functional initiatives.
5. Conducting Due Diligence activities on a need basis, as and when required by the management.
6. Be a thought-leader in development of risk management approaches.
7. Effectively assess audit and Sarbanes-Oxley risk in order to develop the appropriate audit scope. Ensure that adequate planning has been undertaken before fieldwork.
8. Appropriately assess risks and controls through audit testing to deliver high-quality audit results. Perform data analysis to support test work, and develop the appropriate data/system analytical skills.
9. Communicate audit results effectively through high-quality presentations and audit reports.
10. Ensure compliance with departmental policies and tools (e.g., RACE, consulting boards, ISO, QAR program, IIA review, scheduling tools, audit planning, etc.).
11. About 50% international travel is expected, job would involve mix of onsite and remote testing.

Desired Candidate Profile
Minimum of 3 to 4 year audit related experience
Chartered Accountant (CA)/CPA/ Masters in Finance preferred
Excellent communication and presentation skills
Theoretical understanding of finance and financial systems
Strong international, intercultural and people skills
Strong conceptual skills - Very good understanding of risks and controls
Ability to work in an extremely complex work environment
Attention to detail with focus on quality and accuracy
Ability to handle work autonomously
Analytical and Innovative thinking, problem solving and analysis skills
Ability to influence and persuade others
Decision making/problem solving skills
Project management and consulting experience

Interested candidates may rush in their CV’s to ites@wizmatrix.com or may even call (080) 40050937 for any clarifications.

Company Profile
An MNC client of Wizmatrix

Executive Name: Ms Subblakshmi

Address:
Wizmatrix HR Consultants
# 236, 2nd Floor,
Ramaiah Plaza, 11th Main,
Jayanagar 4th T Block,
Bangalore,Karnataka,India 560041

Email Address: ites@wizmatrix.com

Telephone: 91-080-40050937

http://www.wizmatrix.com

[Guest]

V.K.DASHARATHY SHARMA
No. 388, 6th Main, 5th Cross, RBI Lay-out J.P.Nagar 7th Phase, Bangalore- 560 078,
Karnataka State, India, Phone: 26850174; 26850406 Mobile: 9845138967
Email: chitravaj AT vsnl.net
Certified Internal Audit (CIA) Professional looking for Senior Management Position in
Risk Assessment/Internal Audit/ Finance Function

EXPERTISE/COMPETENCE
Risk Assessment and Evaluation – Both Quantiative and Qualitative
Internal Control & Corporate Governance (including SOX)
Financial & Strategic Planning, Execution,Control and Management
ERP Implementation – Design, Planning, Supervision & Control
Infrastructure Project Financial Planning,Control & Audit
Contract Research Project Financial Planning ,Management & Control
Treasury Management – Foreign currency Transactions/ Long Term Borrowings
Statutory Compliance – Grant Based Research, Clinical Trials, Contract Research
Finance & Audit Staff Training and Development
US GAAP, IFRS & Indian Accounting Standards

KEY STRENGTHS
Integrity & Enthusiasm
Problem Solving Skills
Goal Clarity

Good Communicator
Team Building Skills
Workaholic

Cool Under Pressure
Lead by example
Empathy

SELECTED ACCOMPLISHMENTS
A. Developed Risk Assessment/Analysis & Risk Management Document:
Infrastructure Project of US$ 20 Million to house Drug Discovery Research Lab
Grant Based Drug Discovery research
Drug Discovery to Development
Safety, Health and Environment (SHE)
ERP Implementation – Oracle Financials; Scala; Axapta
Research Funding through Equity and/or Long term Borrowings
B. Audit and Review of Business Processes:
Manufacturing, Marketing and Drug Discovery,Best Practices,
Adherence to Global and Local- both Internal and Statutory requirements in
AstraZeneca Units in Asia Pacific – India, Singapore, Taiwan and Hongkong
[Including Corporate Governance(Sox) requirements];
C. Developed Budget modeling and cost modeling system for drug discovery research from Basic Research to Candidate Drug(including Contract Research and chemical synthesis); Developed Internal Control and Authorisation Manual;
D. Project Management – Two Major Lab Facility Projects costing US$ 20 Million- Funding Proposal & Fund Management through Equity and Foreign Exchange Borrowings;
E. Conducted Training Programs for Employees on Best Business Practices in the area of Finance, Procurement and Inventory Management;
F. Developed Long term Capital Investment plan with appropriate tax planning resulting in deferment of tax and improved cash flow for providing funds for research investments in a cost plus mark-up scenario..
G. Periodical Financial and Internal Control Reports to Parent Company for Global Consolidation and Compliance as per US GAAP, IFRS and Sox Requirements applicable to Subsidiaries.

CAREER SUMMARY
A. AstraZeneca India private Limited : January 1997 to December 2006
(100% Subsidiary of Astrazeneca Plc, United Kingdom)
Period Responsibility Accomplishment
Jan’97-Dec’ 01 Group Reporting, Budget Preparation, Controls & Management, Reporting to Local Board Periodical Financial Reporting to Parent Company;
Internal Audit/ Management Information Support to Board;
Budget development, Monitoring and Performance communication

Jan’02 –Dec ‘03 Group Reporting,
New Facility Budgeting Project Finance Control and Management, Transfer Pricing and Contract Research Agreements and Finance Management and reporting to Local Board including Risk Analysis and Management in the area of Capital Project and Drug Discovery and other Projects.
Periodical Financial Reporting to Parent Company;
New Facility Project Funding (mUS$ 20) Proposal submission and
getting necessary approvals from Parent Company, Local
Federal Bank (Reserve Bank of India),
Drafting and Finalising Contract Research Agreements with other
Subsidiaries of AstraZeneca;
Managing Transfer Pricing requirements in consultation with and
support from Tax Auditors;
Budget Monitoring & Performance reporting to Parent & Board;
Drafting of New facility Project Finance Management Manual,
Standard Operating Procedures and Agreements with
Architects, Engineers,Suppliers and Contractors;
Drafting Safety Health and Environment(SHE) related compliance
guidelines for New Facility Project;
Preparation & Submission of Funding proposal to Parent Company
– both Equity and Long term Loans;
Getting funds and statutory compliances on utilization of funds;
Preparation of Risk Assessment-Analysis- Management
Documents and Internal Control guidelines to mitigate or/and
manage risks efficiently.
Jan’04 -Dec’06 Group Reporting, Budget Preparation, New Facility Project Audit, Group Guest Audit support, Internal Control Review and reporting, Audit of ERP Project Transfer Pricing and Contract Research Agreements, Risk assessment, analysis and management Periodical Financial & Internal Control Report to Parent Co.,;
Overseeing New Facility Project Fund Utilisation
Project Implementation Status audit and report to Parent Co.,;
Financial Statements to Parent Company for Global Consolidation
to facilitate transition from UK GAAP to IFRS.;
Audit support to Group Internal Audit of Asia Pacific in auditing
Pharmaceutical Manufacturing, Marketing and Clinical Trial
activities in AstraZeneca Subsidiaries in Asia Pacific – India,
Singapore, Hongkong and Taiwan- Both Process audit and also
audit on Adherence to Global Requirements;
Internal Control Reports to Parent Company on SOX compliance; Audit of adherence to Statutory Compliance as per Indian laws
with regard to New Facility project.

B. Astra Research Centre India, a non- profit Society, registered Under the Karnataka Societies Registration Act, conducting basic research in the area of Genetic Engineering and Bio-technology- entirely funded by Astra AB, Sweden with equal representation on the Board by Government of India and Astra AB, Sweden Nominees on the Board of Astra Research Centre India.
Period Responsibility Accomplishment
Aug’ 86-Dec’ 96 Head of Local Finance, Accounts & Admin.
Including Procurement and Stock Room; Statutory Requirements as Donor,Government of India requires, including Budgeting. - Established a new accounting function; Designed Internal Control and Standard Operating Procedures for Finance, Accounts, HR, Procurement and Stock Room Functions.
- Budgeting, Fund Management and Donor Reporting
- Overall responsibility for HR, Procurement and Stock Room for four years (1986 – 1990);
- Designed Integrated software (Dbase 3 Plus) for managing Accounting, Procurement and Stock Room activities;
- Managing statutory requirements as per FCRA (Foreign Contribution Regulation Act);
- Obtaining Statutory recognitions (SIRO) and renewals from Department of Scienfiic and Industrial Research, Government of India and Ministry of Home Affairs (FCRA);
- Coordinating Statutory Audit, Financial Statements and MIS Reports as required by the Donor and Statutory Authorities

C. Monique Advertising Private Limited, an advertising Company
Period Responsibility Accomplishment
Jan’ 85-July’ 86 Manager- Accounts and Administration, - Supervision of entire accounting and administration function, including costing for all advertisement projects.
- Client Management including managing receivables
- Payroll processing and pay roll related statutory requirements
- Registrar of Companies related all statutory compliances

EDUCATION
Course University Specialisation Year
1 B’com., Mysore Accounting & Taxation 1980
2 CIA –Certified Internal Auditor Institute of Internal Auditors, Florida, USA Auditing 1998
3 CA- Internship
(Chartered Accountancy) Institute of Chartered Accountants of India Course Completed 1981-1984

SHORT COURSES
Course Institute Specialisation
Diploma in Tax Planning Lakhotia College of Taxation New Delhi Corporate Taxation
Diploma in Central Excise & Customs Lakhotia College of
Taxation New Delhi Indirect Taxes
Computer Programming [Software] National Institute of information Technology Bangalore [N I I T] Application software development in ‘BASIC ‘ Language
Software Course in concepts of “C” Ivytech , Bangalore “C” Programming
SAP - FICO Module Configuration SRM Systems, Bangalore SAP – FICO configuration

TRAINING PROGRAMS ATTENDED
A. OVERSEAS
Year Location Title Conducted by
2005 Singapore SOX Compliance audit training Program (2 days) AstraZeneca UK
2002 San Francisco CA (USA) SAP Audit Training (5 days) Delloitte Touche
2001 Singapore Group Reporting – AFFIRM
(4 days) AstraZeneca UK
2000 Hong Kong Financial Reporting- Hyperion
(4 days) AstraZeneca UK
2000 London Financial Reporting – Q-Core
(4 days) AstraZeneca Uk
1999 Washington DC (USA) Information Technology Audit
(4 days) Institute of Internal Auditors, Florida,USA
1998 London Internal Audit (7 days) South Bank University
1997 Sodertalje, (Sweden) Financial Reporting- Archwin
(4 days) Astra AB, Sweden
B. LOCAL
a. Project Management – Institute of Project Management (2005)
b. Bullet Proof Manager in Management Skills from Crestcom, USA based co., in Bangalore(2005)

AFFILIATIONS
a. Institute of Internal Auditors, Florida, USA
b. Institute of Internal Auditors, Bangalore, India
c. Past Governor of Institute of Internal Auditors, Bangalore
d. Faculty Member of a Coaching Centre (B’com, CA, MBA, CIA)

REFERENCES
a. M R Gopinath – Practicing Company Secretary 080-26721843
b. K.R. Sekar - Partner – Delloittes, Bangalore 9845204631
OTHER INFORMATION
GENDER DATE OF BIRTH PASSPORT NUMBER
MALE 7TH DAY OF APRIL, 1957 A-9025039
Valid up to August 1, 2010