CHIRAG SINGHAL
New Delhi
Summary
Internal Audit and Risk Advisory professional with 5+ years of experience across manufacturing, EPC, trading, and service industries. Extensive exposure to risk-based internal audits, process walkthroughs, RACM preparation, IFC testing, statutory compliance reviews, and management reporting for listed and unlisted entities. Proven ability to identify control gaps, process inefficiencies, and compliance risks while working closely with senior management to deliver practical, business-aligned recommendations.
Overview
6
6
years of professional experience
2
2
years of post-secondary education
Work History
Senior Consultant
Grant Thornton Bharat LLP
Gurgaon
08.2025 - Current
- Leading end-to-end risk-based internal audit engagements for listed and large unlisted entities across manufacturing and trading sectors.
- Managing audit planning, risk assessment, scoping, execution, reporting, and closure of audit observations.
- Reviewing work performed by team members, ensuring quality of audit documentation, adherence to firm methodologies, and timely delivery.
- Conducting detailed discussions with senior management on entity-level and process-level risks, control weaknesses, and remediation strategies.
- Supporting continuous improvement initiatives by identifying automation and process optimization opportunities.
Consultant
Grant Thornton Bharat LLP
Gurgaon
05.2024 - 07.2025
- Independently handled internal audit assignments covering Procurement (Import & Domestic), Inventory Management, Production, Sales & Distribution, HR & Payroll, and Finance & Accounts.
- Prepared detailed Risk and Control Matrices (RACM) and performed walkthroughs, design effectiveness, and operating effectiveness testing of controls.
- Conducted audits covering statutory compliances including GST, TDS, MSME, POSH, FEMA, and other regulatory requirements.
- Drafted comprehensive internal audit reports, highlighting root causes, risk impact, and actionable recommendations.
- Presented audit findings to client management and tracked implementation of corrective and preventive action plans (CAPA).
Associate Consultant
Grant Thornton Bharat LLP
05.2023 - 04.2024
- Conducted internal audits of companies engaged in manufacturing of bathware, tiles, and bicycle components.
- Performed process reviews across fabrication, sampling, procurement, inventory management, quality control, and supply chain operations.
- Assisted in understanding business processes through walkthroughs and interviews with process owners.
- Supported preparation of audit observations, management responses, and final internal audit reports.
Industrial Trainee
Hero Moto Corp. Ltd
12.2021 - 01.2023
- Performed IFC Testing of various processes such as Property, Plant & Equipment, Repair & Maintenance, Employee, Health & Safety, Payments, and Contingent Workforce Management System.
- Carried out Internal Audit of Contingent Workforce Management system along with Marketing Expenses of Subsidiary Company.
- Assisting company auditors in their audit plant/process walkthroughs, and reporting systems.
- Prepare and present reports that reflect the audit results.
- Assessing the financial performance and risks in case of Hold to Maturity, cash flow management and impact of foreign exchange.
Article Assistant
GSA & Associates LLP
12.2019 - 11.2021
- Conducted internal audits for publicly listed companies across multiple industries, including FMCG, FMHG, Manufacturing, Trading & Packaging, Automobile, covering PAN India operations.
- Performed comprehensive reviews of business processes, RACM, IT systems, automated environment and other major areas like ICFR.
- Engaged in productive discussions with management to gain insights into entity-level and function-level controls as well as prepared reports to communicate findings up to executive levels.
- Conducted in-depth audits of various critical business processes, including Procurement (Import & Domestic), Production, Accounts & Finance, Plant Operations & Maintenance, Supply Chain Management, Sales & Distribution (Export & Domestic), Inventory Management, Insurance, HR & Payroll, EHS & Statutory Compliance, and Quality.
- Secured exemption in four subjects of Intermediate: Accounts, CMA, Advanced Accounts and FM & Eco.
Education
CA Final -
ICAI
05.2024 - 02.2026
CA Intermediate -
ICAI
B.Com (Hons.) -
Delhi University
Skills
- Internal Audit & Risk Advisory
- Risk-Based Audits & RACM
- IFC & Control Testing
- Process Walkthroughs
- Statutory & Regulatory Compliance
- SAP & ERP Environment
- Audit Reporting & Stakeholder Management
Accomplishments
- Secured exemption in four subjects of Intermediate: Accounts, CMA, Advanced Accounts and FM & Eco.
- Received “Spot Award” for exceptional performance and client appreciation for delivering high-quality audit outcomes.
- Received “Laud & Applaud” recognition from Manager for outstanding performance, ownership, and consistent delivery across engagements.
Timeline
Senior Consultant
Grant Thornton Bharat LLP
08.2025 - Current
Consultant
Grant Thornton Bharat LLP
05.2024 - 07.2025
CA Final -
ICAI
05.2024 - 02.2026
Associate Consultant
Grant Thornton Bharat LLP
05.2023 - 04.2024
Industrial Trainee
Hero Moto Corp. Ltd
12.2021 - 01.2023
Article Assistant
GSA & Associates LLP
12.2019 - 11.2021
CA Intermediate -
ICAI
B.Com (Hons.) -
Delhi University