Devyani Hajare

A. Risk Control Matrix: Currently designing RCMs for Internal Financial Controls at a major lead-acid battery manufacturer. Developed RCMs for key processes, including Hire-to-Retire and Procure-to-Pay, to ensure thorough risk identification, assessment, and mitigation.

B. Internal Audit Reviews: Conducted comprehensive internal audits across multiple industries, including planning, execution, and reporting on internal controls. Key areas include:

• Procure-to-Pay: Evaluated procurement processes for a manufacturing company, including vendor assessment, SAP reviews, and three-way matching of PO, GRN, and invoices to prevent duplicate payments and ensure proper financial recording.
• Under-Construction Plant Audit: Audited an under-construction solar manufacturing subsidiary, covering project management, fixed assets, compliance, banking, treasury, and financial close processes.
• HR Audit: Audited contract employee management, including onboarding, payroll, performance review, and exit procedures.
• Genebank Audit: Collaborated on auditing Genebank, focusing on control effectiveness for germplasm (seeds) collection processes.
• Transport Operations: Reviewed transport management processes, including vehicle usage, billing, fuel consumption, insurance adequacy, and asset accounting.

C Sarbanes-Oxley (SOX) Compliance: Conducted testing and documentation of control effectiveness, performing walkthroughs with control owners to evaluate design and implementation.

A. Compliance Reviews: Assessed organizational adherence to laws, regulations, and industry standards, identifying non-compliance areas and recommending corrective actions to mitigate risks.

B. Airport Operations Audit: Conducted compliance and operational reviews at a major airport in Hyderabad, covering runway, taxiway, and apron safety, VVIP movement, wildlife security, and contract management.

• Tax & Financial Compliance: Managed TDS quarterly returns, GST, Income Tax filings, financial statement preparation, and filing statutory forms (ADT-1, ADT-4, MGT-7) on the MCA portal for assigned companies.

A. Internal Audit (IA): Developed audit programs and conducted reviews of business operations, financial records, and controls. Performed risk assessments, including three-way matching, SLA checks, vendor reconciliation, and departmental audits for Procure-to-Pay (P2P) and Hire-to-Retire processes, covering labor contracts, attendance, leave records, and vehicle safety.

B. Tax Compliance: Prepared and filed Income Tax Returns for public and private companies and other entities.