DARVESH UDANI
Internal Auditor
Summary
An Internal Audit professional with over 7 years of experience in leading internal audits, ensuring SOX compliance, and optimizing processes across diverse sectors, including stainless steel manufacturing, food processing, sugar refining, fashion retail, imaging technologies, FMCG, beverages, and banking. Expertise in internal audit practices, SOX/IFC testing, and the design and development of standard operating procedures and controls testing tailored to various industries and geographies. Proven ability to identify problems, investigate root causes, and implement effective resolutions to enhance operational efficiency. Proficient in multiple ERP systems and software such as SAP, Oracle, MS Visio, Excel, and PowerPoint, complemented by strong public speaking, communication, and presentation skills.
Overview
10
10
years of professional experience
2
2
Languages
Work History
Senior Consultant
Ernst and Young LLP
10.2023 - Current
- Led Internal audits, governance review and SOP drafting assignments across India, Indonesia, Malaysia and Saudi Arabia
- Conducted Internal Audit for a global snacks and beverage company of Sales to collection area. Scope includes Unit trade spend, trade and distributor margin, Discount and scheme analysis, distributor market visit and performance review compliance to local and global policies across the sales process utilizing SAP data.
- Conducted Governance review of Food processing company (Plantation) in Malaysia. Scope includes plantation operations review, Sales and Purchase review. Highlighted process and control gaps in operations, Cash Sales and in procurement cycle
- Conducted supply chain review, Account receivable and Account payable, for a Sugar refinery in Yanbu, Saudi Arabia
- Conducted Internal Audit of various areas such as Order to cash, Procurement to Pay, Logistics, Human Resource and Operations for pioneer Stainless Steel manufacturing company
- Preparation of audit plans and risk control matrix, reviewing the work done by team members, conducting kick-off meetings, client discussions, Preparation of audit reports, participation in exit meetings.
Consultant
Ernst and Young LLP
01.2022 - 10.2023
- Performed Internal Audit in Indonesia plant of Procure to pay, Inventory Management and Order to Sales areas of stainless-steel manufacturer.
- Developing audit work programs, understanding of business processes, executing the audits basis the same and end to end stakeholder management including weekly updates, presenting the report to senior management and Audit Committee.
- Received excellent feedback from the client, Engagement partner and Manager for our outstanding work
- Led team of 4 members for conducting distributor's purchase review for passing incentives for a large Indian steel manufacturer covering 30+ dealer's locations.
- Led a team for conducting last mile distribution reviews (warehouse) for a stainless steel manufacturing company
Consultant
PricewaterhouseCoopers Pvt Ltd
09.2017 - 01.2022
- Worked in collaboration with PwC US office for US client. Performed SOX testing over key and non-key controls and remediation support over identified design deficiencies.
- Performed detailed Test of design (TOD) and Test of effectiveness (TOE), SOX control testing, walkthrough, and evaluations of internal control frameworks of a leading photocopier company
- Conducted Internal assessment over internal controls and finding gaps in controls for improvement opportunities. Updating SOX documentation for in-scope processes and controls.
- Worked for a Leading Consumer Electronics Company as Team lead, Scope of work included, Process Review, Inventory management, Analysis of data & Statutory compliance. Finding the misconduct of service partner to company & customers resulting in monetary implication to Service Partners. Drafting of observation in Minutes of Meeting & closing the process Review & sharing report to the company.
Audit Executive
Suresh Surana & Associates LLP (RSM)
08.2015 - 09.2017
- Conducted Concurrent Audit of Bank branches on monthly basis. Scope of work includes review of banking transactions on sample basis, review of outward and inward Foreign remittances, Sources of funds and regulatory compliances, highlight suspicious transactions and reporting to banks.
- Conducted Internal Audit of Aditya Birla Group & Landmark Group of their retails stores across Pan India. Scope of work included, Store Operations, Sales, Inventory Management, Cash Management, Customer Service Desk, Statutory Compliances, HR & Payroll and closing the audit report with the client.
- Performed internal audit reviews for the spices division of a large manufacturing conglomerate based in India. The scope of the reviews included procure to pay and HR & payroll
Education
PGDBA - International and Project Finance
Symbiosis Distance Center Learning
08.2019
Certified Internal Auditor - Pursuing, Delhi Chapter
The Institute of Internal Auditors
08.2025
Bachelor of Commerce - Honors
Rajdhani College
01.2015
Skills
Team Handing
Timeline
Senior Consultant
Ernst and Young LLP
10.2023 - Current
Consultant
Ernst and Young LLP
01.2022 - 10.2023
Consultant
PricewaterhouseCoopers Pvt Ltd
09.2017 - 01.2022
Audit Executive
Suresh Surana & Associates LLP (RSM)
08.2015 - 09.2017
Certified Internal Auditor - Pursuing, Delhi Chapter
The Institute of Internal Auditors
Bachelor of Commerce - Honors
Rajdhani College
PGDBA - International and Project Finance
Symbiosis Distance Center Learning
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