Hareesh Sakalabhaktula

Key roles and responsibilities include:

• Performing complex and specific audit procedures while developing effective, client-focused audit strategies.
• Coaching and managing a driven team of audit professionals, facilitating them to have the information, tools, and opportunities they need to grow.
• Proactively building relationships that support our ability to provide tailored services that meet a wide range of assurance needs and contribute to business development.
• Maintain continuous dialogue with the client/local teams to ensure smooth and efficient exchange of information and timely reporting.
• Identifying and reacting to potential risks and developing new ways to improve our services and processes that promote growth and increase revenue.
• Continually updating your understanding of business trends and emerging technologies to maintain the reputation as a trusted business advisor.
• Documentation of audit process, as per firm and regulatory standards, to ensure quality in the assignments and maintaining the professional standards.
• Planning, identification, and assessment of risks through understanding the business and strategy, understanding the controls within the organization by performing detailed walkthroughs and examination of the risk control matrix designed by the entities.
• Implement leading data and analytics-based audit tools and approaches in the execution of audits.
• Apply complex risk management policies and procedures on engagements, with an understanding of global and local independence rules.

• Leading comprehensive audits for clients in Banking and Capital Markets ensuring adherence to accounting standards, regulations, and internal policies.
• Managing a team of 8-10 junior auditors and collaborating with client stakeholders to achieve project objectives within strict deadlines.
• Fostering cross-functional collaboration with tax professionals, internal specialists, Tech Risk specialists and legal advisors to provide integrated solutions and support clients' business objectives.
• Conducting comprehensive analysis of complex financial transactions, including derivatives, securities, and alternative investments, ensuring accurate valuation and reporting.
• Developing and executing audit programs, performing substantive testing, and control assessments to identify potential financial risks and control weaknesses.
• Assessing financial statements, investment portfolios, and risk management strategies, identifying areas for improvement, and providing recommendations to enhance operational efficiency.
• Analyzing complex financial transactions, including derivatives, securities, and alternative investments, ensuring accurate valuation and reporting. Preparing detailed audit reports, sharing findings, recommendations, and risk mitigation strategies for senior management and clients.

• Prepared working papers, documentation, and audit findings, ensuring compliance with auditing standards and regulatory requirements.
• Carry out Test of Details for significant accounts and Test of Controls for SCOTs in accordance with the audit plan formulated and appropriately document all work performed.
• Drafted reports and presentations for senior management, ensuring accuracy and timeliness.
• Reviewing and checking the financial statements and preparation of the audit report, and reporting on Internal controls over financial reporting.