Monica Vaidula
Internal Auditor
Bengaluru
Summary
Detail-oriented Auditor with track record of quickly completing complex audit projects. Experienced in public and private accounting, specializing in financial statement audits. Well-versed in managing entire audit process from planning and risk assessment to fieldwork.
Overview
2021
2021
years of professional experience
Work History
Auditor II
Mr. Cooper
9 2021 - 9 2024
- Directed 7 end-to-end audits from planning to execution, delivering comprehensive reports on risk exposure, control deficiencies, and operational inefficiencies.
- Led and mentored newly created 4-member special projects team; conceptualised training program and led the execution of 6 initiatives with a total budget of ~$650K
- Designed and implemented 25 new control procedures across IFC and SOX, strengthening operational processes and ensuring compliance with regulatory standards.
- Performed SOX (Sarbanes-Oxley Act) controls testing across originations, servicing and corporate, ensuring that financial processes met compliance standards and reduced the risk of material misstatement.
Analyst
EY LLP
05.2018 - 10.2020
- Conducted comprehensive testing of internal controls over financial reporting (ICFR) to ensure compliance with SOX and IFC requirements for Fortune 500 E-commerce company; increasing portfolio value by 15% and lowering idle funds by 10%
- Conducted comprehensive SOX testing for a cab aggregator services company, identifying control gaps and deficiencies, and providing actionable recommendations for remediation. Partnered with process owners to implement corrective actions targeting key operational practices, uncovering fraudulent activities and establishing robust controls, which achieved over $6 million in cost savings.
- Recommended new customer segment to Swedish Auto Manufacturer based on market analysis, competitive benchmarking, and existing internal capabilities; segmentation increased revenue by $9M and market share by 14%
Education
Bachelor Of Commerce - Finance
Mount Carmel College
Bangalore05.2018
Skills
Financial Controls
Audit Management
Sox Controls testing
Accounting principles
Report writing
Risk mitigation strategies
Data analytics
Timeline
Analyst
EY LLP
05.2018 - 10.2020
Auditor II
Mr. Cooper
9 2021 - 9 2024
Bachelor Of Commerce - Finance
Mount Carmel College
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