Aman Bansal

Project Management

• Assisted the engagement managers in monitoring and maintenance of engagement economics by keeping track of actuals hours being charged in comparison to the budgeted hours.
• Identified opportunities for better leverage ratio on the engagement to drive the engagement economics.
• Maintained accurate work and time trackers for status updates and deviations in budget.
• Allocation of work to team members and ensuring optimum utilization of the allocated resources.

Internal Controls

• For a public listed entity in Germany, conducted detailed process walkthrough of various sub-processes (i.e., Journal entry, G/L master data, Closing and Reporting, Project Accounting, Cost Charging and Cost Accounting) in Financial Reporting and Business Reporting Processes.
• For a public listed entity in Germany, conducted detailed process walkthrough of various sub-processes (i.e., employee master data, payroll processing, payroll accounting etc.) in H2R.
• Identification of key controls in the processes and performing scoping for testing of D&I and Operating Effectiveness.
• Lead the walkthrough call for D&I with the client and completed related documentation, including detailed documentation around each design factor and IUCs.
• Performed Operative effectiveness test including calculation of sample size, testing of populations for C&A and documentation of each of the control attribute.

Coaching and Development

• Coached 2-3 qualified chartered accountants around audit documentation, email drafting, client handling and pressure management by On-the Job training.
• Coached college freshers with basis audit fundamentals, scrolling through the standard workpapers and working on excel.
• Took training on internal controls for the entire cluster comprising of approx. 30 people.

Risk Assessment and Planning

• Performed detailed risk assessment of construction revenue and 'Estimated costs to Complete' of a global infrastructure group for substantive testing.
• Experienced in performing detailed entity level (i.e., Related parties, Understanding the entity, Going Concern and Financial Reporting) and account level risk assessments.

Group Auditing

• Preparation of Group Audit Instructions, review of the deliverables received from component auditors and co-ordination with the component auditors across the globe.
• Performed detailed test of details on construction revenue and 'Estimated costs to Complete'.

Project Management

• Assisted the engagement manager with budgeting the engagement hours and cost.
• Performed detailed pre-engagement risk formalities including client background searches, client and engagement acceptance formalities, obtained approval of permissible services and generation of project codes.
• Led as audit in-charge the audit engagement team of a Global Healthcare BPO comprising of 2 qualified Seniors, 2 qualified Audit Executives and a few audit assistants, apart from Managers and Partner.
• Experienced in dealing with the support staff from audit delivery centers and co-ordinated with various auditor specialists.
• Responsible for regular reporting to managers and overall on-ground co-ordination with client, timely audit documentation, escalation of issues and audit findings, resolving doubts and queries of junior team members including review of their work and keeping track of the overall audit.
• Acted as a first point of contact for the Group Auditors.

Risk Assessment and Planning

• Worked on Group Materiality, scoping of components and allocation of Group Materiality to the scoped-in components.
• Performed detailed account level scoping at the group and component level, including addressing the aggregation risk.
• Performed detailed account level risk assessments.

Group Audit

• Prepared Deliverables including Planning Memo, Summary Memo and Inter-office memo as per the Group Instructions.
• Performed detailed testing of payroll expenses of entities comprising of up to 30,000 employees, spread across the globe.
• Performed detailed journal entry testing for various components across the globe.

• Performed buy-side and sell-side due diligence for various deals that included critical analysis and reasoning of movements and trends in financial statement captions and key performance indicators (KPIs)

As an audit in-charge for the SOx audit of R2R process for an UK based IT company -

• Lead detailed Walkthrough calls, performed D&I and operating effectiveness testing of controls.
• Acted as lead coordinator between KPMG UK, client and KPMG India partners and managers.

As a staff on group audit of an UK based IT company -

• Testing of the IT revenue (license, subscription, SAAS and professional services) in accordance with IFRS 15.
• Testing of fair value allocation of the total transaction price between various performance obligations.
• Independently handled various critical areas like Payroll, IT Revenue, ECL provisioning, Accruals etc.