SAMEER THANEDAR
CHARTERED ACCOUNTANT
Ghatkopar west
Summary
Experienced Chartered Accountant with a strong background in internal audit, SOX compliance, and internal financial control within the financial services industry. Demonstrated expertise working with banks, NBFCs, and stock brokers over a span of 12 years. Proven track record of ensuring regulatory compliance and optimizing financial processes to drive business success. Adept at identifying risks and implementing effective strategies to mitigate them.
Overview
17
17
years of professional experience
2012
2012
years of post-secondary education
Work History
Vice President and Head of Internal Audit
360 ONE Prime Limited
05.2021 - Current
- Conducted Internal Audit for Business and Support Functions based on the Risk Based Internal Audit Plan
- Evaluated the effectiveness and efficacy of the internal controls
- Prepared detailed audit reports that summarize findings, provide recommendations for improvements, and suggest corrective actions and presented it to the Audit Committee on quarterly basis
- Performed follow-up audits to assess the progress of corrective actions taken
- Identified opportunities to improve business process flows and productivity.
L&T Financial Services Limited
08.2019 - Current
- Review of the Internal Control Framework for Financial reporting
- Control testing through verification of design and operating effectiveness of the financial reporting controls and recommendations for compliance with the Internal Controls over Financial Reporting
- Assisting teams in compliance with the Control Framework through review of Risk Control Matrices, Policies and Procedures and control evidences
- Implementation of Balance Sheet substantiation process as part of the Internal Control Framework
Assistant Manager
KPMG
11.2015 - 07.2019
- Internal Audits and Internal Financial Control Testing of Non-Banking Financial Companies, Securities Broking Business and Wealth Management Business.
- Key responsibilities include conducting internal audits and control testing at design and operating level through walkthroughs, discussions and verification of evidences.
- Identification of process deficiencies and providing recommendations for the remediation of gaps identified.
- Performed engagement for leading NBFCs by assisting them in formulation of various policies and procedures such as Risk Management policy, Asset liability Management policy and Credit Policies.
- Also worked with the Internal Audit team of a reputed Investment Bank as a third-party consultant assisting them in the SOX control testing.
Associate Consultant
EY LLP
09.2014 - 11.2015
- It includes assessing and testing of the internal controls of the organization at design level and at operating level, highlighting major gaps identified in the existing control, and recommending controls to mitigate the risks/control gaps identified.
- Internal audit was performed for leading General Insurance Company in India for branch operations, underwriting and sales functions.
- Verification of MIS received and ensuring the audit summaries reported in the MIS are aligned with the actual scope and observations of the audit.
Consultant In-charge
PI Advisory Private Limited
10.2013 - 09.2014
- Preparation of Standard Operating Procedures (SOPs) through understanding of the existing processes followed in the organization, testing of the current controls, analysing the process gaps identified in the process reviews and suggesting controls to mitigate the risks identified for effective risk management.
- Major projects included third party vendor audits of banking industry for cheque and card printing, audit of automobile component manufacturing company.
Articled Assistant
Gandhi & John Chartered Accountants
06.2008 - 06.2012
- Audits of major nationalized banks of India which involved evaluation of key operational processes related to advances and deposits.
- Checking of KYC/AML compliance and other regulatory compliance of RBI was also covered as a part of the audit.
Education
C. A. Final -
ICAI
T.Y.B.com - undefined
K.J Somaiya College of Arts & Commerce
Skills
Risk management
Process improvement
Internal Audit
Data Analysis
Internal Financial Control
Personal Information
Date of Birth: 05/02/90
Additional Information
MS Office, Tally, English, Hindi, Marathi, Swimming, Trekking
Timeline
Vice President and Head of Internal Audit
360 ONE Prime Limited
05.2021 - Current
L&T Financial Services Limited
08.2019 - Current
Assistant Manager
KPMG
11.2015 - 07.2019
Associate Consultant
EY LLP
09.2014 - 11.2015
Consultant In-charge
PI Advisory Private Limited
10.2013 - 09.2014
Articled Assistant
Gandhi & John Chartered Accountants
06.2008 - 06.2012
T.Y.B.com - undefined
K.J Somaiya College of Arts & Commerce
C. A. Final -
ICAI
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