SALONI MAHESHWARI

• Conducted internal audits across business functions including DSAs (commission expense), third-party products (revenue), Cash Management Services (CMS), and vendor audits aligned with RBI outsourcing guidelines.
• Prepared detailed risk assessment reports and ensured the timely submission of Tranche 1 and Tranche 3 reports, as mandated by the RBI.
• Assisted the vertical head in annual audit planning, ensuring timely and effective execution of revenue and cost audits from the central office.
• Monitored concurrent audits to identify control weaknesses in real time and coordinated with process owners for prompt resolution.
• Collaborated with cross-functional teams from retail banking, wholesale banking, and cards to enhance audit scope and product control frameworks.
• Ensured adherence to internal audit standards, organizational policies, and regulatory compliance requirements across all audit engagements.

• Limited Review of Financial Statement as per Companies act, 2013 and as per LODR.
• Ensuring Compliance of Indian Accounting Standard (Ind As) disclosures as per Schedule III.
• Review of statutory compliance and internal controls over IFCR.
• Review of CARO reporting requirements under Company Act, 2013.
• Variance Analysis, Gross Margin and Profitability Analysis.
• Handled audit of standalone and consolidated financial statement of listed companies, public companies and private companies.
• Tax audit of public and private companies.
• Working on the certification of Overseas Direct Investment (ODI) Certificate, Loan Utilisation Certificate and APR Certificates.
• Understanding the business.
• Handling a team and take responsibility of field in charge.
• Ensuring smooth coordination with client and team members.
• Identification of root cause and financial impact of audit findings and suggestion for practical implementation.
• Preparation of final deliverables including Audit Report.
• Timely Closure of Audit.

Key Areas worked upon: Revenue and Receivables, Property, Plant and equipment including capitalisation of plants, Purchase and Payables, Payroll, Leases, Cash flow statement, Investments, Eliminations and one plus one for consolidation of group entities.

Clients/Industry: Crude oil refining and petrochemical companies, construction service companies, pharmaceutical companies, and chemical companies.

• Statutory Audit and tax audits of various clients.
• Concurrent Audit of Bank.
• Return filing in Direct and indirect taxes.
• Preparation and Finalization of accounts.
• Working on the GST refund and Sales Tax refunds.