SHASHANK SHEKHAR
Mumbai,MH
Summary
A Goal-oriented and dedicated professional with over 15 years of experience in the field of Internal Audit, Risk Assurance, Energy Audits, Process Improvement and optimization, Power Plant Operation and performance, Project Planning and Project Management. Expertise in Refinery, 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.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Joint General Manager (JGM) - Internal Audit
Nayara Energy Ltd
Mumbai, Maharashtra
05.2025 - Current
- Working as a Lead Auditor for all the technical and operation audits across Refinery and corporate
- Looking after the Energy saving opportunity and evaluating the same
- Leveraging AI to analyze data and indicate exceptions
- Prepare the quarterly Audit Committee presentation and co-ordinate with management for finalization
- Update Chief Internal Audit Officer (CIAO) on key audit findings and assist him in presenting to MAC
- Review Internal Control framework for various functions
- Review Risk assessment for overall Refinery and track their mitigation/ implementation plan
- Conducted fraud investigation
Deputy Manager- Risk Assurance
HPCL-Mittal Energy Ltd
Bathinda, Punjab
01.2023 - 04.2025
- Conduct Technical and Operational audits across Refinery, Petrochemical, Power Plant and corporate
- Conduct Management request assignments and surprise reviews across Refinery, Petrochemical and corporate
- Evaluate Energy saving opportunities and present it to the management
- Conduct Projects, Marketing, Health and safety, Process Safety and Operational audits across Petrochemical
- Conduct Forensic Investigation
- Look into the whistleblowers complains
- Review IFC across Refinery
- Assist Head, Risk Assurance on key audit findings and in presenting it to Audit Committee
Manager - Internal Audit
Adani Enterprise Ltd
Ahmedabad, Gujrat
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
Essar Oil Ltd
Jamnagar, Gujarat
06.2010 - 06.2022
- Conduct Technical and Operational audits across Refinery
- Review Risk assessment and control framework of overall Refinery
- Co-ordinate with 3rd party for management and execution of outsourced audits
- Conduct fraud investigation
- Suggest improvement techniques for process optimization
- Tracking of open actions and follow up with process owners for closure of audit finding
- Looked after the overall Operation of 1010 MW thermal power plant along with preparation of MIS and efficiency reports
- Looking after the PMC department for 2
- 600 MW thermal power plant construction and erection
Education
Executive Certificate Programme - Corporate & Strategic Finance
IIM Mumbai
04.2025
Data Science and Machine Learning
IIT Guwahati
06.2025
Executive MBA - Power Management
University of Petroleum & Energy Studies
09.2017
PGDBA - Operation (and HRM)
Symbiosis Centre of Distance Learning
09.2015
B.E. - Power Engineering
Jadavpur University
Kolkata, West Bengal05.2010
Skills
- Energy Audit
- Audit Automation
- Risk Assurance
- Risk Assessment
- Process Improvement
- Fraud Investigation
- Refinery and Petrochemicals
- Project Planning & Scheduling
- Power Plants
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 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, Procurement, Warehouse, Invoicing and Ash disposal.
- 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 3 years.
Certification
- Certified Fraud Examiner (CFE)
- CIA Certification, cleared Level-1 and Level-2 exam, 2024
- Certified Energy Auditor, BEE
- Certification in ESG Investing, CFA Institute
- Certified in Chatgpt for Business analysis
- Certified in Microsoft Azure AI 900 assessment
- Certified Lean Six Sigma Black Belt, Henry Harvin
- Certified Six Sigma Green Belt, ASQ
- PMP Certification, PMI
- ISO certified Internal Auditor, TUV Nord
Training
- Openness to Feedback- Leaders as Role Model Programme- ISB Mohali
- Primavera P6 certification course
- Lean Six Sigma Black belt
- Lean Six Sigma Green belt
- SAP PM, MM module
https://www.linkedin.com/in/shashank-shekhar-cea-pmp-lssgb-lssbl-esg-3b611521/
Timeline
Joint General Manager (JGM) - Internal Audit
Nayara Energy Ltd
05.2025 - Current
Deputy Manager- Risk Assurance
HPCL-Mittal Energy Ltd
01.2023 - 04.2025
Manager - Internal Audit
Adani Enterprise Ltd
07.2022 - 12.2022
Sr. Manager - Internal Audit
Essar Oil Ltd
06.2010 - 06.2022
Data Science and Machine Learning
IIT Guwahati
Executive MBA - Power Management
University of Petroleum & Energy Studies
PGDBA - Operation (and HRM)
Symbiosis Centre of Distance Learning
B.E. - Power Engineering
Jadavpur University
Executive Certificate Programme - Corporate & Strategic Finance
IIM Mumbai