Chirag Dua

A. SOX/ICFR (50%)

• Led comprehensive SOX scoping activities, including the assessment of assets, liabilities, revenue, and expenses for multiple companies within the Encore Group, determined material entities for testing and presented findings to the Audit Committee
• Led SOX compliance On – site testing efforts on Business Process cycles (Revenue, Collections, General Accounting, Fixed Assets, Compliances, Payroll, Entity Level Controls etc), including walkthroughs, control testing, and documentation of results through Audit Board
• Performed population/data analysis to identify potential risks, key elements and validate the completeness and accuracy of the data
• Identified control gaps and recommended practical solutions to mitigate risks and enhance control effectiveness and presentation of the key observations to the Audit Committee
• Prepared and presented status updates to stakeholders to provide insight into engagement progress
• Led the development of Standard Operating Procedures (SOPs) for multiple business processes during the ERP migration from SUN to Workday
• Prepared and presented SOX compliance reports to senior management and the Audit Committee
• Assisted in the coordination of external audits and provided support during audit activities

B. Internal Audit (50%)

• Led several Quality Assurance and Improvement Program (QAIP) projects and delivered presentations on the outcomes to the entire Internal Audit Team
• Lead audit engagements, including planning, scoping, fieldwork, and reporting phases, ensuring timely completion and adherence to audit objectives for multiple audit engagements like Indian Statutory Compliances Audit, ESG (Environment, Social and Governance) Audit, Site Movement Audit (Movement from STPI to SEZ), Payroll Migration Audit, Cash flow forecasting model Migration
• Develop risk-based audit programs and testing procedures to evaluate the effectiveness of internal controls and identify control weaknesses
• Analyze financial data, transactional records, and operational processes to detect fraud, errors, and inefficiencies, implementing corrective actions as needed
• Prepare detailed audit reports, highlighting findings, recommendations, and actionable insights for management review and decision-making
• Collaborate with cross-functional teams to implement process improvements, strengthen internal controls, and mitigate business risks
• Provide training and guidance to junior auditors, fostering professional development.

• Assisted in audit engagements for multiple audit engagements for Sugar Industry, Manufacturing industry, E-commerce industry etc
• Covering multiple business processes like – Order to Cash, Procure to Pay, Quality Control, Fixed assets etc
• Led Involved in development of SOP’s & RCMs of multiple processes like Inventory Management, Order to Cash, Statutory Compliances, Procure to Pay, Production, Treasury & Investment etc
• And further Involved in preparing the Process Gap report and it’s subsequent presentation to the stakeholder.

• Assisted in performing internal audit and follow up audit for entities involved in Service, Education and Manufacturing industries
• Assisted in preparation of Final report along with annexures for presentation to the stake holders.