Rakesh D

• Leading audit activities for more than 165 EBOs and franchisee showrooms across India.
• Focus primarily on inventory audit.
• Execute and plan audits, collaborating with external auditors (vendors) for conducting stock audits.
• Monitor and enforce auditor compliance with process and SOP during audits.
• Create comprehensive policies, standards, and guidelines pertaining to audit procedures and inventory management.
• Identify areas for improvement to enhance, simplify, and automate controls, while increasing process efficiency.
• Manage the circulation of reports in a timely manner.
• Manage audit variance cases and ensure timely closure through proactive action.
• Conducted risk-based audits to evaluate internal controls.
• Collaborate closely with colleagues across multiple departments on initiatives related to process improvements.
• Provide training to staff members on accounting principles, procedures, and best practices.
• Identified areas of potential risk and provided recommendations for corrective action plans.
• Advised senior management regarding potential risks associated with certain transactions or activities.
• Evaluated operational efficiency by reviewing current systems, processes, documents, records.

Oversaw and managed a team of 45+ individuals at Coffee Day Beverages, Café Coffee Day, and Coffee Day Essentials.

Coffee Day Beverages (Vending Division):

• Focus on SCM and Spares audits, leading a team of 11 members, including 2 Assistant Managers, 4 Senior Executives, and 5 Executives.
• Plan and execute audits while maintaining strict adherence to audit standards.
• Perform MIS, forecasting, and variance analysis for the chairman's MIS report.
• Develop policies, standards, and guidelines for accounting procedures, concepts, and methodologies.
• Streamline processes by identifying areas of improvement and implementing automated controls to enhance efficiency.
• Ensure effective action on fraud cases for expedient resolution.
• Validate salary process for on-role and off-role employees, ensuring accurate calculation and verification of attendance, allowances, and deductions.
• Conduct validation audits for departmental incentives and distributor's FNF process.

Café Coffee Day Division: (CCD)

• Direct the execution of video surveillance audits with a large team comprising 6 senior executives and over 25 talented individuals.
• Plan and execute audits, ensuring 100% monitoring of camera-installed cafes and highlighting issues with 100% efficiency.
• Collaborate with regional teams to ensure billing accuracy and adherence to integrity guidelines.
• Work closely with the IT and MIS team to coordinate camera installation and enhance video availability.
• Conduct analyses of reports and ensure timely updates in Chairman Report.

Coffee Day Essentials:

• Responsible for ensuring effective process implementation and adherence to standard policies
• Validate salary process for both on-role and off-role employees across pan India, ensuring accuracy in attendance, allowance, and deduction verification.
• Validate incentives and employee fnf.

• Initialize and execute Stock Take at Stores and DC, while reconciling variances.
• Consolidate stock take-related MIS reports.
• Implement effective processes for preparing stock take stores prior to inventory audits.
• Ensure accurate TO-TI reconciliation between warehouse, stores, and within the store itself.
• Plan and schedule process audits efficiently.
• Ensure effective cash management re-verification at stores.
• Contribute to various inventory tasks for new store launches, store closures, and TO-TI reconciliation processes.
• Perform a comprehensive assets audit at various locations.
• Implement Surprise Audits to enhance Store Opening/Closing management effectiveness.
• PI re-verification at stores through surprise audit of Daily and Weekly PI.
• GRN Reconciliation, along with Invoice and Documentation.
• DNE Management - Slow Moving and Non-Moving
• Employee training management, like SOP maintenance.