Atharv Phansikar

Audit Assistant - Internal & Assurance Division

Kirtane & Pandit LLP

Pune

03.2022 - 03.2025

Executed special assignment in Accounts Payable for India's largest meat exporter, handling amounts exceeding 4500 Cr.
Redefined process gaps for multiple FMCG entities, enhancing packaging processes and reducing waste by 5-10 Cr.
Monitored the implementation of new improvements post-internal audit on a quarterly basis, ensuring the actual implementation of improvements.
Streamlined ITGC processes for various large NBFCs with turnovers above 1000 Cr, including Pre IPO industry competence.
Incorporated systematic processes for Pre IPO companies to ensure compliance and efficiency.
Carried out year-end annual assurance audits for IT service clients, using a systematic risk-based audit approach.
Performed substantive audit procedures at branch locations of a renowned NBFC, including due diligence of non-audit aspects.
Performed interim reviews and variance analysis as a part of the annual audit, including deep diving and discussing with the management to identify reasons.
Diverse Experience of handling multi sector clients majorly in FMCG, IT, NBFC, Edible Industry, Service Sector
Conducted IT process review for renowned Navratna PSU, aligning with CAG requirements.
Developed and drafted comprehensive IFC risk matrix for three IT service clients and one NBFC.
Led audit trail verification for major listed clients (FY ending March 2024), guiding audit teams through reviews.
Identified procurement redundancies during SOP verification, yielding potential savings of 500-600 Cr.