SHASHANK SHEKHAR
Giridih
Summary
Experienced internal audit professional with 15+ years leading comprehensive audits in Refinery, Petrochemical, and Power sectors. Proficient in audit assurance, risk assessment, fraud investigation, and delivering impactful audit committee presentations. Leading digitalization efforts with expertise in Python, Pandas, Numpy, PowerBI, Tableau, Primavera P6, Pentana, SAP, and MS Excel.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Joint General Manager (JGM) - Internal Audit
Nayara Energy Limited
Mumbai, maharashtra
05.2025 - Current
- Working as a Lead Auditor for all the technical and operation audits across Refinery and corporate
- Supervising Technical and Operational audits across Refinery
- Prepare the quarterly Audit Committee presentation and co-ordinate with management for finalization
- Review Control framework for various functions of Nayara Energy.
- Review Risk assessment for overall Refinery and track their mitigation/ implementation plan
- Conducted fraud investigation
Deputy Manager- Risk Assurance
HPCL-Mittal Energy Limited
01.2023 - 04.2025
- Conduct Technical and Operational audits across Refinery and Petrochemical
- Conduct Management request assignments across Refinery and Petrochemical
- Conduct Projects, Marketing, Health and safety, Process Safety and Operational audits across Petrochemical
- Conduct Forensic Investigation
- Look into the Whish blower complains
- Review IFC across Refinery
- Assist Head, Risk Assurance on key audit findings and in presenting it to Audit Committee
- Conduct Surprise checks across Refinery
Manager - Internal Audit
Adani Enterprise Limited
07.2022 - 12.2022
- Supervise all Thermal unit audits conducted by 3rd Party Auditors
- Conduct Management Request audits
- Review Process controls and identify design gaps
- Prepare DOA of different thermal units
- Conduct Fraud Investigation
Sr. Manager - Internal Audit
Nayara Energy Limited
06.2018 - 07.2022
- Conduct Technical and Operational audits across Refinery
- Review Control framework for various functions of Nayara Energy.
- Review Risk assessment for overall Refinery and track their mitigation/ implementation plan
- Co-ordinate with 3rd party for management and execution of outsourced audits
- Update Chief Internal Audit Officer (CIAO) on key audit findings and assist him in presenting to MAC
- Conducted fraud investigation
- Suggest improvement techniques for process optimization
- Tracking of open actions and follow up with process owners for closure of audit finding
Manager - Operation and Performance
Vadinar Power Company Limited
04.2014 - 05.2018
- Company Overview: (1010 MWe Thermal Power Plant)
- Looked after the overall Power plant Operation of 1010 MW thermal power plant.
- Conduct performance analysis of various energy intensive equipment's including Boiler and Turbine
- Responsible for operated of Gas Turbine (2
- 110 MW), HRSG, Coal Fired Boiler, Steam Turbine and BOP related to the power plant.
- Worked as a field engineer and assist in the normal operation of plant.
- (1010 MWe Thermal Power Plant)
Deputy Manager - Project Development
Essar Power Jharkhand Ltd.
06.2010 - 04.2014
- Company Overview: (2
- 600 MW Thermal Power Project)
- Responsible for the Planning and scheduling of 2
- 600 MW Power project using Primavera.
- Preparation, formulation and release of daily progress reports of the Tori project.
- Responsible for resource allocation and mobilization along with man-power planning.
- Procurement of material and equipment related to project.
- Looking after the business development function for Project.
- Responsible for the review of the technical details & P&IDs of the plant along with co-ordination of vendor.
- Responsible for the development of green belt zone, custom bond area and Rain Water Harvesting plan at the project site.
- Certify all the Quality document of the Tori project site from the client site.
- Preparation of the Risk assessment and mitigation reports of EPJL project along with leadership team.
- Coordination with EPC contractors and vendors for the execution of the site work and material procurement.
- (2
- 600 MW Thermal Power Project)
Education
Executive Certificate Programme - Corporate & Strategic Finance
IIM Mumbai
12.2025
Data Science and Machine Learning - undefined
IIT Guwahati
05.2025
Graduate Diploma - Material Management
Indian Institute of Material Management
12.2017
Executive MBA - Power Management
University of Petroleum & Energy Studies
12.2017
PGDBA - Operation (and HRM)
Symbiosis Centre of Distance Learning
12.2015
PG - Personnel Management and Industrial Relation
Alagappa University
12.2014
B.E. - Power Engineering
Jadavpur University
Kolkata, West Bengal12.2010
Skills
- Technical Audits
- Energy Audits
- Energy Conservation
- Process Improvement
- Power Plants
- Project Planning & Scheduling
- Petrochemicals
- Audit Automation
- Forensics
Certification
- CIA Certification, cleared Level-1 and Level-2 exam, 2024
- Certification in ESG Investing, CFA Institute, 07/01/23
- Certified in Chatgpt for Business analysis
- Certified in Microsoft Azure AI 900 assessment
- Certified Lean Six Sigma Black Belt, Henry Harvin, 01/01/22
- Certified Six Sigma Green Belt, ASQ, 10/01/21
- PMP Certification, PMI, 12/01/20
- ISO certified Internal Auditor, TUV Nord, 08/01/20
- Certified Energy Auditor, BEE, 09/01/17
- Certified Chartered Engineer, IEI, 09/01/17
Accomplishments
- Received excellence award from CEO for my significant contributions in Internal Audit function.
- Saved company's INR 400 Cr. by suggesting alternative on coal procurement, INR 200 Cr. in managing water sourcing and utilization, INR 110 crores by reducing the storage and transportation loss while handling Naphtha, INR 10 Cr by suggesting alternative for water utilization, INR 5 Cr. in Ash Disposal.
- Identified Fraud in Consignment Stockist warehouse amounting to misappropriation of more than INR 4 Cr.
- Identified significant control gaps in Projects audits, Scrap management, Waste disposal, Electrical transmission, Coal Handling, Water Management etc.
- Successfully completed the Fraud Investigation assignment related to Coal Handling, Invoicing and Ash disposal.
- Designed Internal controls framework for Coal supply chain Management at Nayara Energy.
- Got V-GEM award for consecutive 3 years for my extraordinary work in audit department at Nayara Energy.
- Got highest performance rating amongst IA team for consecutive 2 years.
Personal Information
- Date of Birth: 08/14/87
- Marital Status: Married
Training
- Openness to Feedback- Leaders as Role Model Programme- ISB Mohali
- Primavera P6 certification course
- Internal Controls
- Lean Six Sigma Black belt
- Lean Six Sigma Green belt
- SAP PM module
Summary
Goal-oriented professional targeting challenging assignments in field of Refinery and Petrochemical Audits / Energy Conservation/ Power Plant Efficiency and Performance/ Project Management with an organization of repute., A dedicated professional with over 15 years of experience in the field of Internal Audit, IFC, Energy Audit, Power Plant Operation and its performance, Coal Management system, Process Improvement, Project Planning and Project Management., Expertise in Refinery, power plants operation (Coal based, Oil based, Gas based and co-generation plant) and performance of Boiler, Turbine, and other energy Intensive Equipment., Expertise in Petrochemicals, Power Plant and Project audits., Proficient in meeting the challenges by continuous improvement in process and operational efficiency., Knowledge of Software, Programming Languages- Python, Pandas, Numpy, PowerBI, Tablue, Primavera P6, MS Project, Pentana, SAP & MS Excel., A keen communicator with honed interpersonal, problem solving and analytical skills.
Timeline
Joint General Manager (JGM) - Internal Audit
Nayara Energy Limited
05.2025 - Current
Deputy Manager- Risk Assurance
HPCL-Mittal Energy Limited
01.2023 - 04.2025
Manager - Internal Audit
Adani Enterprise Limited
07.2022 - 12.2022
Sr. Manager - Internal Audit
Nayara Energy Limited
06.2018 - 07.2022
Manager - Operation and Performance
Vadinar Power Company Limited
04.2014 - 05.2018
Deputy Manager - Project Development
Essar Power Jharkhand Ltd.
06.2010 - 04.2014
Data Science and Machine Learning - undefined
IIT Guwahati
Graduate Diploma - Material Management
Indian Institute of Material Management
Executive MBA - Power Management
University of Petroleum & Energy Studies
PGDBA - Operation (and HRM)
Symbiosis Centre of Distance Learning
PG - Personnel Management and Industrial Relation
Alagappa University
B.E. - Power Engineering
Jadavpur University
Executive Certificate Programme - Corporate & Strategic Finance
IIM Mumbai
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