Adventure - Travel and explore new places and culture
Milan Singh
Internal Audit Manager
Mumbai
Summary
Seasoned auditing professional knowledgeable about risk aversion strategies and cost reduction options. Decisive and persuasive communicator with proven problem-solving, leadership and planning abilities. Adept at working under pressure, new situations and challenges to best enhance the process under review. Skilled at inspecting organization's operations, analyzing potential risks and providing recommendations to improve overall effectiveness of controls under SOC and SOX programs.
Overview
6
6
years of professional experience
7
7
years of post-secondary education
1
1
Certificate
Work History
Internal Audit Manager
Genpact (Enterprise Risk Management)
Mumbai
09.2022 - Current
- Execute, Review, Manage and Present final audit report to stakeholders and HOD
- Facilitated financial and operational audits for hospitality industry, working with internal and external managers to communicate recommendations or issues surrounding audits
- Evaluated design and operating effectiveness of audit by enhancing/ improving planning and testing processes
- Perform advanced data analytics for identification and remediation of outliers
- Developed and implemented corrective actions for revenue and expense areas to bring business in line with standards
- Identified management control weaknesses for training compliance and provided value added suggestions
Deputy Manager
Adani Power Limited (Management Audit)
Ahmedabad
03.2021 - 09.2022
- Prepare annual audit plan and budget with risk-based scoping of key organizational areas for 15 audit areas for 7 locations, delivering 105 audit assurance reports
- Manage internal and external stakeholders within business and carry out weekly governance meeting for quality
- Review and manage, third party auditors and present Internal Audit report to HOD, CEO, MD and Audit Committee Members
- Monthly review of previous audit CAPA (Corrective and Preventive Action) and Audit Champion process (Strengthening of Second line of defense)
- Amendments to DOA, SOPs as per organizational and audit requirement from time to time. Performed validation and implementation of Risk and Control Matrix (RACM)
- Introduced new methods (To-Do List and tracking), practices and systems (Audit Management System) to reduce turnaround time
Assistant Manager
Deloitte (Risk Advisory Function)
Ahmedabad
09.2019 - 03.2021
- Execute, Review, Manage and Present Internal Audit (IA) assignments to stakeholders and HOD
- Assist Manager in Business Development activities within and across sectors
- Time and quality management to ensure value added client deliverables while maintaining stakeholder relationship
- Executed audit for Revenue Management and identified critical gaps in payment security and contracts
- Managed Team and execution of audit for Power Plants across locations in India covering Maintenance Planning (Preventive and Breakdown), Fixed Assets, Contracts management, Regulatory Compliances and HSEF (Health, Safety, Environment and Fire), Procurement – Material & Services and Inventory Management
- Provided training to team members for developing new skills in MS office for improvement in efficiency
- Provided training for operating SAP – PM, MM and FICO module
Consultant
KPMG (Risk Advisory Function)
Mumbai
03.2017 - 09.2019
- Review operations, processes and contracts for identification and rectification of control gaps
- Facilitate risk management and demonstrate value for money proposition
- Data driven audit approach with working knowledge of SAP (MM, PM, QM and PP) modules, PAS (Production accounting system) and OMPro (Operation and Maintenance PRO), LIMS (Laboratory Information and Management System), AMS (Audit Management System) and MOC (Management of Change)
- Team member for audit of largest polyester and petro-chemical unit in Silvassa, Dahej and Vadodara
- Independently reviewed Internal Financial Control (SOX) of Metal Manufacturing plant at Silvassa
Education
MBA - Energy And Infrastructure/ Finance
Pandit Deendayal Energy University
Gandhinagar, India 06.2015 - 03.2017
Bachelor of Technology - Mechanical Engineering
Sir Padampat Singhania University
Udaipur, India 04.2009 - 04.2013
High School Diploma -
Kendriya Vidyalaya
Vadodara, India 04.2008 - 04.2009
Skills
SAP expertise
Accomplishments
- Adani Power – (1) Identified possible liability left out during due-diligence report. Penalty was identified for recovery by land development authority to the tune of CAD 10.74M on account of change in constitution of ownership before the stipulated time as per the lease agreement. (2) Excess payment made to water department to the tune of CAD 3.10M (for 3 years) in form of penalty due to delay in signing permanent water agreement
- Deloitte – (1) Identified opportunity for inventory reduction by 15% (CAD 1.4M) with implementation of MRP based procurement for material under fast moving category. (2) Identified non-provisioning of inventory with non-moving status as per the accounting standards leading to inventory write-off worth CAD 43.45M
- KPMG – (1) Identified manual interventions in Pipeline (Ethane) and Tank stock (Naphtha) leading to non-identification of excess material consumption/ wastage by management for 2,500MT worth CAD 2.10M
Interests
Sports - Swimming, Basketball, Badminton and Lawn Tennis
PC Strategy/Simulation - Age of Empire, Counterstrike, Flight Sim and Anno
Leisure time - Cooking and Photography
Certification
Certified Internal Auditor (CIA)
Additional Information
My PR application has been processed in October 2022.
Planning to relocate from Mumbai, India to Toronto, Canada in March 2023, therefore, available to work from 1st/2nd week of March 2023.
Work Preference
Work Type
Full TimeWork Location
On-SiteRemoteHybridImportant To Me
Career advancementWork-life balanceCompany CultureFlexible work hoursTeam Building / Company RetreatsLanguages
English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Gujarati
Intermediate (B1)
Timeline
Certified Internal Auditor (CIA)
12-2024
Internal Audit Manager
Genpact (Enterprise Risk Management)
09.2022 - Current
Deputy Manager
Adani Power Limited (Management Audit)
03.2021 - 09.2022
Assistant Manager
Deloitte (Risk Advisory Function)
09.2019 - 03.2021
Consultant
KPMG (Risk Advisory Function)
03.2017 - 09.2019
MBA - Energy And Infrastructure/ Finance
Pandit Deendayal Energy University
06.2015 - 03.2017
Bachelor of Technology - Mechanical Engineering
Sir Padampat Singhania University
04.2009 - 04.2013
High School Diploma -
Kendriya Vidyalaya
04.2008 - 04.2009
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