Santosh Maskar

• Prepared working papers, reports and supporting documentation for audit findings.
• Completed audit papers by thoroughly documenting audit tests and findings.
• Enhanced audit controls by improving planning and testing processes.
• Identified audit risks, prepared budgets and coordinated with management and audit team in preparing related reports.
• Ensuring compliance with Regulatory as well as Statutory guidelines.
• Conducted Risk Based Audit of following areas

i) Expected Credit Loss.

ii) Treasury functions like Investment and Borrowings

iii) Collection, Loan Settlements and Repossession of Assets

iv) Payroll Function.

v) Direct sales Agent and direct sales executive.

vi) Conducted testing of Internal Financial Control (IFC) and SOX

• IPCC Cleared
• B
• Com, Mutual Fund and Alternative Investment Funds(AIF)
• Computation and Reconciliation of NAV, Checking of income accruals, NAV Movements etc
• Reviewing Bank and Holding reconciliations and resolving breaks
• Processing and verification of all trades for day processed in the system
• Coordinate with RTA for Unit Capital files and checking and processing the same in the same in the system
• Computation of Income equalization and distributable surplus
• Computation and Dissemination of NAV to the Press and Register, etc
• Audit co-ordination and finalization of accounts
• Preparation of Financial statements
• Portfolio Management Services (PMS)
• Managing fund and portfolio accounting for SEBI registered AIFs and PMS
• Ensuring timely preparation and various audits and portfolio statements on half yearly basis and annual basis
• Computation of Performance fee, exit load, Set up fee and Management fee for each portfolio
• Ensuring TDS compliance for payment and returns
• Creation of New portfolios, booking of various kind of trade such as equity and Liquid/MF
• Calculating and accounting for fund level and investor level exit and distribution amount, and Capital gain thereof
• Preparation of Various Reconciliation such as Bank, Asset under management (AUM) etc
• And finding resolving the differences.

• Risk based internal audit of various business processes for identifying improvement opportunities, identification key risks, controls weaknesses suggesting mitigating controls
• Ensuring compliance with guidelines issued by relevant regulatory authority and Standard operating procedure of bank
• Reporting on the issues observed, Collation of working papers and communicating the same to management
• Key areas being reviewed were Payroll management, Loan to staff, Reimbursement of expenses to Staff, Payment to high value vendors and fixed assets of bank ARTICLESHIP: WTH BORKAR AND MUZUMDAR NATURE OF