Akshay Parameshwaran

Predominantly working on statutory audit engagements of banks and NBFCs. Responsibilities include:

• Performing understanding and risk assessment of the IT environment and Cybersecurity
• Performing walkthrough of Business Processes and evaluation of design of internal controls
• Review of operating effectiveness of ITGCs and ITACs in various business processes
• Testing the compliance to regulatory requirements from Companies Act & RBI circulars/directives on IT related matters
• Assessing the feasibility for automation of audit work and developing solutions wherever feasible
• Performing data analytics to identify exceptions
• Being the field in-charge on the engagements
• Preparing the scope and budgets
• Leading walkthrough and discussions with various stakeholders
• Keeping the relevant stakeholders informed on the progress
• Coaching team members and performing preliminary review of their work
• Training peers as a part of the organization's training programmes

Notable achievements:

• Won the dazzling debut award for exceptional performance within first six months of joining
• Won the "Best buddy" award under the Buddy Recognition programme

As associate manager in the GRC team, I was tasked with assisting the GRC team in implementing risk management practices. Responsibilities included the following:

Internal Audit:

• Evaluated the policies and processes established in the entity and preparing Risk Control matrices
• Developed analytics solution for testing controls and reporting exceptions
• Served as a coordinator between external auditors and process owners by setting up and facilitating meetings, following up on data requirements, clarifying queries, discussing observations and following up on implementation of audit recommendations
  

Compliance:

• Published an interactive dashboard on monthly basis for high‑level management to monitor the status of compliance
• Tracked compliances which become due and following them up with the respective process owners to ensure timely compliance
• Validated and updated legal amendments to the compliance tool on a monthly basis
• Reviewed and updated the risk ratings assigned to compliance items based on established risk appetite

Predominantly worked on Internal Audit engagements and Process Improvement projects for clients in the AlcoBev, Media, Pharma and Industrial products sectors.

Highlights:

-Developed around 15 VBA based automation solutions for SAP GUI
-Developed macros as part of an RPA implementation project
-Led a ten member team for a process improvement project
-Led a two member team across different parts of India for a Physical Verification project

• Business Set-up services
• Handled various Internal Audit Engagements
• Preparation of Legal documentations, Project Reports, Budgets & Forecasts
• Filing of returns under various laws

• Handled various Statutory audit and Tax audit engagements
• Filing of returns under various laws
• Incorporation of companies, Drafting of partnership deeds and trust deeds
• Secretarial services such as drafting of notices, resolutions, minutes and reports.