Shiva Tej Deep Reddy M

3rd Party Audit Investigations: Conducted thorough investigations of variances, preparing high-quality audit evidence by analyzing data to identify causes and compensating variances, and ensuring compliance with internal control frameworks. Regularly reviewed evidence produced by other auditors for accuracy and quality, reporting results to the team manager, and handling ad-hoc tasks like manual reconciliation work within strict weekly deadlines.

OTC Audit Investigations: Managed the investigation of variances and preparation of audit evidence for OTC audits, ensuring accurate documentation and adherence to stringent standards. Analyzed data to identify compensating variances, maintained ongoing communication with field teams, and evaluated compliance with internal controls to meet regulatory requirements, all within strict weekly deadlines.

Internal Systems Audit Investigations: Reviewed the expenses to ensure compliance with the company's internal controls and policies. This included verifying valid documentation, appropriate approvals, and adherence to guidelines, expense limits, and business purposes. Any discrepancies or non-compliance were flagged for resolution. The review aimed to uphold financial integrity, transparency, and accountability while ensuring claims met company standards.

Reconciliation and Cash Management: Prepared detailed reconciliation statements for cash inflows and outflows to prevent and resolve performance discrepancies. Identified and developed solutions for reconciliation issues, managed multiple bank accounts to ensure adequate operational funds, and reinforced internal controls while monitoring compliance with regulatory requirements.

Audit Engagement and Reporting: Monitored the status of audit engagements, resolving issues faced by the audit team. Reviewed and discussed audit findings, providing recommendations for the Audit Manager’s review, and assessed internal control frameworks to enhance financial reporting and operational processes.

Managed buyer's and seller's claims on returns across US, UK, and IN marketplaces, conducting in-depth analyses of past data to validate the authenticity of claims using internal tools and diverse parameters. Utilized statistical techniques to interpret data and analyze results, generating ongoing reports for customer accounts. Demonstrated independent judgment, problem-solving, and analytical skills to authenticate customers and complex transactions, with the primary goal of mitigating e-commerce fraud.

• Work included assessing the risks and drafting the RCM for
  internal controls testing to test the reliability and effectiveness of
  controls already in place.
• Performed operational audits and testing of Internal Controls.
  Developed tests plans, performed testing through collection of
  evidence, evaluated the evidence and conveyed results to
  management. Assisted Management to develop action plans.
  Followed up on action plans and verified their implementation.
  Reported internal control issues to management and supplied
  comprehensive recommendations to mitigate the associated risks.
• My work included verifying cash book vs the accounting ERP, ESI PF
  and PT statutory reconciliation statement, bank reconciliation
  statement, preparation of financial statements.