ANKIT AGRAWAL

• Led a team of 12 professionals at Accenture in managing SOX compliance for a major insurance client, overseeing the successful execution of more than 200 internal controls specific to the insurance business area.
• Managed the entire SOX compliance program, including scoping, risk assessment, testing, and remediation activities. Designed and implemented robust internal controls to ensure compliance with Sarbanes-Oxley requirements, COSO framework, US GAAP, and enhance the overall control environment.
• Developed and implemented strategic initiatives, such as a standard RCM format with direct feed to the database. These initiatives resulted in improved efficiency and a comprehensive control framework.
• Actively engaged with stakeholders, including senior management and external auditors, to communicate the status of the SOX compliance program.
• Conducted thorough reviews of controls, ensuring accuracy and effectiveness in mitigating risks before submission.
• Successfully managed deliverables, ensuring the timely completion of audit projects within scope and budget. Utilized strong project management skills to oversee timelines and allocate resources efficiently, contributing to the overall success of SOX compliance initiatives.

• Audited the Hire to Retire (HTR) processes while evaluating control design through walkthroughs and meetings with multiple stakeholders.
• Prepared business process documentation in MS Visio, MS Word, as well as risk control matrix of all the controls applicable, and enhanced the process as part of risk assessment, control gap, and control rationalizations of over 20 controls out of 60.
• Conducted SOX audits, including the design and operating assessment of key controls for HTR, STP, & R2R business processes as per COSO framework. Ensured that controls were delivered on time, meeting 100% of quality standards, along with engaging with external auditor for reliance controls.
• Conducted review of System and Organization Controls report (SOC controls), ensuring that Complementary User Entity Controls (CUEC) are reviewed alongside any control exceptions.
• Performed various remediation testing on identified control failures and recommendations for improvements to the control execution that would mitigate risks associated with the control.

• Created and implemented an advanced Excel tool and dashboard for Internal Audit and management reporting, resulting in 100% timely deliverables (300 controls) and improved monitoring of the L&R SOX department's internal audit program.
• Led the project to automate SOX controls testing, to maximize the number of controls testing from the manual testing approach where 100 percent of the population is tested.
• Conducted comprehensive business process audits for the Life & Retirement line of business, assessing the effectiveness of internal controls for AIG in accordance with the COSO framework and ensuring timely and high-quality deliverables.
• Assessing the design and operating effectiveness of key controls. Built business process flows as part of the risk assessment (rating, description & assertion), control gap identification and audit planning.
• Reporting findings of control failures to business and Internal Audit management and providing recommendations to mitigate the risks associated with the identified control failures.

• Managed and coordinated small teams to ensure all of the deliverables met EY's standards and timelines, while also overseeing staff performance.
• Led the annual reporting requirements for large broker dealer clients in accordance with SEC rules, as well as ICOC (Internal Control Over Compliance).
• Performed integrated audit procedures by evaluating reliance controls and conducting substantive testing for financial statement line items including cash, revenue, accounts receivable, accounts payable etc.
• Worked on creating process / subprocess workflows for various clients using Placemats (EY's template) by obtaining an understanding of the IPEs (information provided by entity), risks and the controls involved in the process

• Audited Financial Statement review procedures, based on understanding of relationship between supporting documents in accordance with auditing standard.
• Prepared Audit documentation based relevant and appropriate audit policy & standard templates as per PwC Audit guideline.
• Performed work and provided related deliverables in accordance with the onshore team in the US and other territories like UK, Canada, etc

Carried out supervisory, administrative, advisory, and executive functions in the rice processing factory, as well as overseeing rice production, paddy procurement, staff payroll and running day-to-day business.

• Prepared detailed project reports & credit monitoring arrangement sheets for liaising of corporate financial credits such as term loan, working capital loan, etc.
• Preparation and presentation of applications for subsidy at various Govt. Departments; follow up for sanction of subsidies on behalf of the clients (Kolkata) clients at various banks; (Govt. subsidy & incentive)