Sai Returi

Work History

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.

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.

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.

Hewlett Packard Enterprise, HPE

07.2015 - 10.2016

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.

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