Ankit Agrawal
Bengaluru
Summary
Highly accomplished and results-driven Risk & Compliance Manager with 8+ years of experience in internal Audit, SOX compliance, and financial reporting across diverse industries. Proven leader of cross-functional teams with exemplary project management skill (e.g., 10 professionals, 250+ internal controls) successfully managed the planning and reporting for all segment for client, recognized for designing innovative solutions like a Power BI dashboard that saved 2 FTEs. A certified Chartered Accountant (Indian CPA), Company Secretary (ICSI), and CISA professional, seeking to leverage expertise in robust compliance frameworks and operational efficiency to contribute to a dynamic organization.
Overview
8
8
years of professional experience
Work History
Manager
Grant Thornton
06.2023 - Current
- Company Overview: formerly Accenture
- Led a team of 10 professionals in executing over 250 internal controls for a major Life insurance provider specializing in Operations segment, ensuring SOX compliance through comprehensive planning, risk assessment, testing, and remediation activities.
- Designed and implemented robust internal controls to ensure compliance with Sarbanes-Oxley requirements, COSO framework, US GAAP, NAIC guidelines for MAR, and other relevant standards, significantly enhancing the overall control environment.
- Developed an innovative, automated Power BI dashboard from scratch, integrated with the GRC tool, providing real-time KPI insights. This tool, praised by senior management and highlighted in FP&A townhall for its efficiency, saved 2 FTE resources and was previously non-existent.
- Managed diverse processes including Individual retirement, Reinsurance, Treasury, Life, Group Retirement, ITGCs, ITDs like End User Computing, and Issue Management, enhancing reporting efficiency and developing standardized templates (e.g., Consolidated RCM, Internal Tracker) implemented across as benchmark.
- Acted as a Subject-Matter Expert, collaborating with External Auditors, FCU, and Business Units to address queries, suggest improvements in process efficiency, control design, ITDs, test steps, and identify control gaps.
- Consistently achieved zero SLA breaches and received commendations from stakeholders for effective SOX planning and leadership in WT meetings, ensuring seamless BAU operations.
- Received Wall of Fame - Rockstar People Leaders award for exceptional leadership and project management initiatives.
- Formerly Accenture
Senior SOX Analyst
3M Company
02.2022 - 06.2023
- Conducted in-depth SOX audits for Hire to Retire (HTR), Source to Pay (STP), and Record to Report (R2R) business process, ensuring design and operating effectiveness of key controls in compliance with the COSO framework.
- Assisted in the development and utilization of the SSAE 18 (formerly SSAE 16) template for SOC report reviews, ensuring thorough evaluation of Complementary User Entity Controls (CUEC) alongside control exceptions, and contributing to the enhancement of the internal audit process.
- Developed comprehensive business process documentation and risk control matrices using MS Visio and MS Word, contributing to the enhancement of internal audit processes and control rationalization for over 20 controls out of 60 controls for HTR.
- Developed an automated template using VBA code to streamline the SOX control testing process, increasing accuracy and saving significant time.
- Recognized with the Finance Beacon Award for contributions to the team.
Junior Manager - SOX
AIG
08.2019 - 10.2021
- Cultivated expertise in SOX documentation, utilizing tools such as MS Visio for business process mapping, crafting detailed process narratives, ensuring the delivery of high-quality audit results in accordance with the COSO framework.
- Pioneered the automation of SOX controls testing at AIG, significantly increasing the scope and efficiency of testing by moving away from manual methods to ensure comprehensive coverage.
- Communicated audit findings and control failures to AIG's business and Internal Audit management, providing expert recommendations for risk mitigation strategies.
- Awarded Quarter Star Award and Spot awards for exceptional teamwork and collaboration.
Senior
EY
08.2018 - 07.2019
- Managed and co-ordinated small teams successfully to ensure all deliverables met EY's standards and timelines, while also overseeing staff performance.
- Led 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.
- Developed and implemented standardized process workflows using EY's Placemats template, documenting key risks and controls for various clients, leading to improved audit efficiency and documentation.
Senior Associate
PwC
05.2017 - 08.2018
- Contributed to the preparation of financial reporting, including 10Q/10K reports, ensuring accuracy and compliance with reporting standards.
- Performed external audit procedures for multiple clients, such as Tests of Details (TOD) including AR confirmations, cash cutoff testing, subsequent collection testing, AR aging analysis, inventory observation, investment recalculations and confirmations, fixed asset roll-forward schedules, recalculation of fixed asset gains/losses, and verification of fixed asset capitalization.
- Performed work and provided related deliverables in accordance with onshore team in US and other territories like UK, Canada.
- Received Spot awards for exceptional teamwork and collaboration.
Education
Chartered Accountant (CA) -
Institute of Chartered Accountants India (ICAI)
11.2016
B.com (H) -
Calcutta University
05.2013
CISA (Information Auditor) -
ISACA
05.2022
Company Secretary (CS) -
Institute of Company Secretary India (ICSI)
05.2017
Skills
- SOX
- COSO Framework
- US GAAP
- IFRS
- IT General Controls (ITGCs)
- IT Dependent Controls (ITDs)
- External Audit
- Internal Audit
- Financial Reporting
- Data Analytics & Visualization
- Risk Assessment
- Control Testing
- Substantive Procedures
- Regulatory Compliance
- Financial Controls
- Process Improvement
- Microsoft Office Suite
- Microsoft 365
- Power BI
- Visio
- Alteryx
- SAP
- SQL
- GRC Tools
- Stakeholder Management
- Project Management
- Team Leadership
- Training & Development
- Cross-functional Collaboration
- Communication
- Problem Solving
Personal Information
Visa Status: US Visa Holder
Skills And Tools
SOX, COSO Framework, US GAAP, IFRS, IT General Controls (ITGCs), IT Dependent Controls (ITDs), External Audit, Internal Audit, Financial Reporting, Data Analytics & Visualization, Risk Assessment, Control Testing, Substantive Procedures, Regulatory Compliance, Financial Controls, Process Improvement, Microsoft Office Suite (Word, Excel, PowerPoint), Microsoft 365, Power BI, Visio, Alteryx, SAP, SQL, GRC Tools such as Archer, Workiva, Blackline, Stakeholder Management, Project Management, Team Leadership, Training & Development, Cross-functional Collaboration, Communication, Problem Solving
Timeline
Manager
Grant Thornton
06.2023 - Current
Senior SOX Analyst
3M Company
02.2022 - 06.2023
Junior Manager - SOX
AIG
08.2019 - 10.2021
Senior
EY
08.2018 - 07.2019
Senior Associate
PwC
05.2017 - 08.2018
Chartered Accountant (CA) -
Institute of Chartered Accountants India (ICAI)
B.com (H) -
Calcutta University
CISA (Information Auditor) -
ISACA
Company Secretary (CS) -
Institute of Company Secretary India (ICSI)
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