Kunal Bawsiwal

Key Responsibilities

Procure-to-Pay (P2P) Audit

• Conducted end-to-end P2P cycle audits, covering purchase requisition, purchase order, GRN, invoice processing, and vendor payments.

• Reviewed purchase orders for pricing, approval matrix, and compliance with procurement policy.

• Audited outward freight invoices, ensuring the correctness of rates, approvals, and supporting documents.

• Verified accounts payable transactions, advance payments, and timely vendor settlements as per P.O. terms.

• Performed vendor ledger reconciliation and resolved discrepancies.

• Worked on the Risk Control Matrix (RCM) for procurement and payable processes.

Order to Cash (O2C) Audit.

• Reviewed sales orders, dispatch process, billing, and revenue recognition.

Audited dispatch documentation and freight billing accuracy.

• Ensured compliance with internal controls and authorization procedures.

Inventory & Stores Audit

• Conducted inventory aging analysis for:

• Raw Material

• Finished goods.

Stores and spares.

Performed physical verification of raw material, FG, and stores inventory.

• Identified slow-moving, non-moving, and obsolete inventory.

• Verified stock valuation and SAP inventory records.

Payroll & HR Audit

• Audited employee joining process and documentation as per HR policy.

• Conducted monthly payroll audits, including salary computation and approvals.

• Verified statutory deductions (PF, ESI, PT, TDS).

• Audited full and final settlements, bonus calculations, attendance, and leave records.

Scrap Audit

• Audited scrap generation, storage, valuation, and disposal process.

• Ensured proper authorization and accounting of scrap sales.

Vendor & Master Data Audit

• Conducted vendor audits and reviewed vendor compliance.

• Performed vendor aging analysis and highlighted overdue balances.

• Reviewed material master data in SAP:

• Identified duplication of material codes.

• Verified material code creation through the approval matrix.

Bank and Financial Controls

• Reviewed bank reconciliations for accuracy and timely closure.

• Verified supporting documents for payments and approvals.

Management Reporting

• Prepared Yield Reports as per management requirements.

• Developed and presented quarterly P2P audit reports to management.

• Participated in audit discussions, and provided actionable recommendations.

Systems & Tools

Regularly worked on SAP for audit testing and data analysis.

• Used Advanced Excel (VLOOKUP/XLOOKUP, Pivot Tables, Logical formulas).

• Prepared PowerPoint presentations for audit findings and management reviews.

• Prepared journal entries of Clients and entered into system using Tally.
• Prepared bank reconciliations on a monthly basis to identify potential discrepancies between company records and bank statements.
• Reconciled month-end totals for timely and accurate reporting of financial information.