Sai Returi
Senior Internal Auditor
Hyderabad
Summary
Forward-thinking individual with great understanding of auditing procedures, Offering more than 10 years of expertise in Financial Controls & Risk Management and Financial Analysis & Reporting. Known for accuracy, efficiency, leadership and problem solving skills.
Overview
12
12
years of professional experience
9
9
years of post-secondary education
5
5
Certifications
4
4
Languages
Work History
Senior Internal Auditor
Advance Auto Parts Inc
Hyderabad
08.2020 - Current
- Conducting end-to-end business process walkthroughs; identification of risks and compensating operational and compliance controls.
- Evaluating control design and test of effectiveness of controls over financial reporting- Business and ITGC controls.
- Aiding management in designing process and controls in accordance with changes.
- Review and validate the testing in an effective manner with high quality, according to PCAOB standards and Internal policies.
- Providing updates to key business stakeholders on the status of the SOX testing and potentially on specific reviews where warranted.
- Documentation and reporting on issues (MAP), Remediation action plan in discussion with management and external auditors
- Reviewing key third party service providers SOC reports and mapping the reports with AAP control framework.
- Planned annual Inventory and security measure audits, evaluating controls across US and Canada stores virtually.
- Recognized for working on process improvement projects like ServiceNow tool for controls and Audit, Reconciliation quality improvements
- Actively engaged in GCC HYD management programs, acting as a bridge between staff and senior management during controllership visits.
Team Lead
Invesco
04.2019 - 08.2020
- Supporting design and execution of, 's Sarbanes-Oxley Program
- Serving in the role of liaison between finance business process owners, internal audit, and external audit
- Planning the annual cycle of compliance, including scope and maintenance of the controls over financial reporting (ICOFR), and serving related steering committees
- Leading and supervising team members in execution of SOX program including creation and scheduling of audit requests, training programs to business process owners for awareness, timely review of SODs and finance system access
- Provide management support to IA team members towards successful execution of the TOD, TOE, and Remediation testing
- Coordinate and engage audit clients / business units on meetings and achieve alignment on audit observations and finalize action plans
- Record, review and ensure documentation of all forms of audit evidence, create, and follow up on audit requests
- Performed Automation improvements in BWise tool related to SOX scoping, evidence gathering
- Actively engaged in Benchmarking of IT controls by reducing the no
- Of testing hours spent by IT Audit team
- Supervised and performed SOC work including scoping of third-party services and reports, obtaining SOC reports, bridge letters, review SOC engagements and mappings of CUECs, Sub service organisation controls provided by management
- Nominated and worked for Invest in You (IIY), global initiative for people development.
FC Risk and Controls Specialist
Diageo Business Services India Private Ltd
01.2017 - 04.2019
- Executing moderate to elevated risk or complex testing activities/engagements in a matrixed environment and communicating emerging risks to management
- Execute testing and validation in an effective manner with high quality, according to GDBS standards and Internal policies
- Supporting efforts to effectively challenge risks in the end-to-end reporting processes and evaluate controls designed to mitigate those risks
- Reducing & controlling adverse impact on CARM results by ensuring effective issue management is in place for the FC tower by means of documentation of the issues, remediation action follow-up, reporting on issues and re-testing remediated controls
- Training control operators, creating awareness and ensuring delivery of internal control procedures.
Financial Analyst
Hewlett Packard Enterprise, HPE
07.2015 - 10.2016
Financial Analyst
Hewlett Packard Enterprise, HP
05.2013 - 05.2014
- Financial accounting and reporting for Taxation, receivables, and royalties
- Conducted analysis on Tax accounts (Corporate, Deferred, and non-income) with reference to foreign tax package files and legal/statutory documents; adhered to compliance with US GAAP and Local tax rules along with AFM (HPE Internal Accounting Policies)
- Analysis and reporting of P&L impact, clearing aged items and escalatables
- Performing Balance Sheet Review and Variance Analysis of Accounts
- Handling stakeholder’s queries relating to operational Issues, Audit and Monthly reviews
- Month end closure activities related to posting of re class entries and Inter Company billing for car fleet expenses, Journal entries for account payables
- Flash & Forecast Support, which includes explaining of differences with actuals, if any.
Audit Assistant
N.C. Rajagopal & Co
03.2011 - 04.2013
- Project Assignments:
- Prepared & reviewed financial statements including as per Accounting Standards for identification, detection & correctness of errors, monitor unusual transactions & report the reasons for the same
- Studied & analysed the client financials, audit reports and other related financial documents
- Analysed & verified correctness of Trail Balance, GL account details provided by client
- Conducted and completed Internal Audit of Manufacturing MNC (Bonfiglioli), manufacturing partnership firms and educational trusts
- Managed Statutory Audit of Public Sector Insurance Company
- Project audit in CG Institute (IIT madras) and audit for special purposes in CG Board (Employee PF Board), Tax Audit of Auto Mobile Dealers and Educational Institutions
- Government Audit of State Health Society and CG organization Internal Audit of Private Sector Hospitals
- Spearheaded Fixed Assets Management for the entire organization of client, handle calculation of Depreciation and Amortization adjustments and calculations of Gain/Loss amounts on sale of Business Property
- Filed tax returns for individuals and firms
Education
Professional Qualification - finance, audit and cost management
12.2008 - 08.2014
Bachelor of Commerce - Finance and Accounting
12.2008 - 12.2011
Skills
SAP FICO DEP, SAP-BW, BWise, AssureNet, Tally ERP and MS Office
Regulations and compliance, Controls Documentation, TOD and TOE, Conducting walkthroughs, Review test scripts, Remediation testing, Process improvement projects, SOX Program Training, Follow-ups with Business teams and Coordination (SOX and SOC reporting), Reconciliations, Balance sheet reviews, forecasting
Certification
Academic Details
Timeline
Senior Internal Auditor - Advance Auto Parts Inc
08.2020 - Current
Team Lead - Invesco
04.2019 - 08.2020
FC Risk and Controls Specialist - Diageo Business Services India Private Ltd
01.2017 - 04.2019
Financial Analyst - Hewlett Packard Enterprise, HPE
07.2015 - 10.2016
Financial Analyst - Hewlett Packard Enterprise, HP
05.2013 - 05.2014
Audit Assistant - N.C. Rajagopal & Co
03.2011 - 04.2013
Institute of Cost and Work Accountants of India - Professional Qualification, finance, audit and cost management
12.2008 - 08.2014
Acharya Nagarjuna University - Bachelor of Commerce, Finance and Accounting
12.2008 - 12.2011