CA Lakshaya Sharma

• Handling the Internal Audit team of four people performing an internal audit of all the towers, including PTP, RTR, and OTC operations, of a French multinational corporation that specializes in digital automation and energy management.
• Performing the reviews of controls testing performed by the team.
• Executed testing on over 165 controls for all SOX cycles, ensuring compliance for a publicly traded US cloud communications provider.
• Analyzed business processes including PTP, OTC, HRBP, financial reporting, tax, commissions, entity-level controls, fixed assets, and CAPEX.
• Tracked deficiencies and process improvements identified during testing, providing comprehensive reports to clients.
• Recommended remediation strategies for deficiencies and monitored progress until resolution.
  Facilitated and participated in calls with process owners for annual RCM documentation updates.
• Prepared extensive SOX narratives and RCMs. And I also prepared scoping documents to evaluate all revenue-generating business units in scope.

Conducted Phase-1 control testing of client’s AP operations and documented results. Recommended remediation procedures for identified control breaches. Managed client communications regarding additional control implementations and procedural enhancements. Executed risk assessment in Phase-2 of remaining AP operations activities and developed RCM for controls testing. Assessed risks for newly implemented PO system to ensure compliance.
Crafted detailed SOP for controls testing procedures to standardize processes. Analyzed error logs daily to identify trends and areas for improvement..

Conducted thorough reviews of operations to pinpoint key control areas.
Performed regular internal audits on accounts, ensuring compliance with various regulations.
Developed controls for efficient internal transfers between four manufacturing units to reduce waste.
Established cost management protocols aimed at optimizing processes in the gemstone industry.
Oversaw implementation of controls, enhancing management's confidence in operational performance.
Led a team of four in executing comprehensive internal audits, focusing on financial and cost aspects.
Presented audit results to management, contributing to increased factory yield.