Nitin Bhilwara
Summary
Internal Audit and Compliance professional with over 6 years of experience in consulting and corporate environments. Expertise in enhancing internal controls and ensuring compliance with regulations such as IRDAI and ISO 27001. Skilled in risk assessment, audit planning, and regulatory reporting, with a strong background in SOX, AML/KYC, and IT GRC frameworks. Developed effective audit frameworks that improve compliance rates and operational efficiency while utilizing analytics and modern tools to mitigate risks.
Overview
6
6
years of professional experience
1
1
Certification
Work History
Consultant
Ernst & Young India LLP
02.2024 - 12.2024
- Delivered strategic business insights by analyzing client financials, leading to measurable cost savings.
- Led client presentations and reviews to communicate audit findings and process improvement strategies.
- Designed and implemented process reengineering initiatives, improving operational efficiency.
- Collaborated with cross-functional teams to deliver audit and consulting projects on time and within scope.
Manager - Internal Audit
Care Health Insurance Ltd.
04.2023 - 02.2024
- Spearheaded audits across business units to ensure adherence to IRDAI regulations and internal policies.
- Developed a robust audit program that rectified 85% of compliance issues within the first quarter.
- Conducted risk assessments and implemented compliance monitoring mechanisms to promote a culture of accountability.
- Delivered detailed reports that informed senior management decisions and policy updates.
Senior Executive - Internal Audit
Indospirit Pvt. Ltd.
07.2022 - 03.2023
- Led inventory audits and reconciliations, increasing stock accuracy and operational control.
- Drafted and enforced SOPs for critical processes, enhancing regulatory compliance by 15%.
- Analyzed internal control gaps and proposed mitigation plans to senior management.
Executive
SS Kothari Mehta & Co.
10.2021 - 06.2022
- Coordinated audit and consulting projects, improving client satisfaction and retention by 25%.
- Conducted market analysis and supported strategic advisory for business performance enhancement.
- Created structured audit deliverables, improving client audit readiness and compliance maturity.
Consultant
AVA Business Consulting and Risk Management LLP
06.2020 - 09.2021
- Conducted internal audits in the automotive industry, focusing on policy adherence and risk management.
- Developed a risk mitigation framework that reduced potential financial loss by 15%.
- Cultivated strong client relationships and promoted continuous process improvement.
Senior Analyst
PricewaterhouseCoopers Pvt. Ltd.
10.2018 - 04.2020
- Managed large-scale audit assignments for multinational clients, delivering quality insights and timely results.
- Conducted stock and quality audits, reducing discrepancies and improving operational workflows.
- Evaluated control environments and recommended enhancements aligned with global best practices.
Education
PGDM - Finance
Prin. L.N. Welingkar Institute of Management
Mumbai, Maharashtra12.2023
MCOM - Finance
Indira Gandhi National Open University
New Delhi12.2019
Bachelor's of Commerce -
University of Delhi
New Delhi10-2015
Skills
- Internal audit and compliance
- Risk assessment and mitigation
- Regulatory standards (IRDAI, ISO)
- KYC and AML procedures
- IT governance, risk, and compliance
- SOP development and controls testing
- Microsoft Office Suite
- Google Workspace
- Data analysis and reporting
- Analytical and critical thinking
- Problem-solving
- Client relationships
Certification
- ISO 27001:2022 Lead Auditor
- Introduction to Artificial Intelligence (AI)
- AI For Everyone
- Information Systems Auditing, Controls and Assurance
- Anti-Money Laundering Concepts: AML, KYC and Compliance
Languages
English
Advanced (C1)
Hindi
Bilingual or Proficient (C2)
Timeline
Consultant
Ernst & Young India LLP
02.2024 - 12.2024
Manager - Internal Audit
Care Health Insurance Ltd.
04.2023 - 02.2024
Senior Executive - Internal Audit
Indospirit Pvt. Ltd.
07.2022 - 03.2023
Executive
SS Kothari Mehta & Co.
10.2021 - 06.2022
Consultant
AVA Business Consulting and Risk Management LLP
06.2020 - 09.2021
Senior Analyst
PricewaterhouseCoopers Pvt. Ltd.
10.2018 - 04.2020
PGDM - Finance
Prin. L.N. Welingkar Institute of Management
MCOM - Finance
Indira Gandhi National Open University
Bachelor's of Commerce -
University of Delhi
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