SHIVENDRA SHUKLA
Summary
Detail-oriented Internal Auditor experienced in assessing internal controls and ensuring compliance with GAAP and IFRS. Delivered actionable recommendations to senior management, enhancing operational efficiency through comprehensive audit plans aligned with organisational priorities. Identified risks and implemented controls across diverse sectors, fostering collaboration and driving continuous improvement.
Overview
1
1
Certification
8
8
years of professional experience
Work History
Internal Auditor
Utkarsh Small Finance Bank
05.2022 - Current
- Summarised internal audit findings and presented results and recommendations to senior management.
- Analysed internal controls, recommending improvements for enhanced efficiency.
- Analysed operational procedures to identify inefficiencies and recommend improvements.
- Coordinated with external auditors to provide necessary documentation and support.
- Contributed to the development of the organisation's internal audit strategy and objectives.
- Developed audit plans and schedules in line with organisational priorities.
- Prepared detailed audit reports, highlighting findings and suggesting corrective actions.
- Reconciled monthly bank statements and resolved discrepancies.
- Assessed IT systems for security vulnerabilities and data integrity issues.
- Collected, analysed and reviewed documentation from previous reports to inform ongoing audit.
- Built and maintained strong working relationships with senior management, gaining confidence of people at all levels.
- Kept internal financial controls aligned with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
- Executed comprehensive audits by following established procedures and guidelines., Meticulously follows the process of report writing.. Reporting all serious violations of the operations & Accounting manuals for necessary action. Working on continuous improvement of process/ procedure/ performance. Keen to make the audit process more effective by learning and educating new tools & techniques.. MSME HL Product..
Internal Auditor
Satin Credit care Network Limited
01.2022 - 04.2022
- Summarised internal audit findings and presented results and recommendations to senior management.
- Collected, analysed and reviewed documentation from previous reports to inform ongoing audit.
- Participated in cross-departmental meetings to understand business processes fully.
- Led risk assessment processes to mitigate potential financial and operational risks.
- Followed annual internal audit plan, managing own workload efficiently to deliver audits on time and to high standards.
- Updated general, sales and purchasing ledgers on schedule and verified information against documentation.
- Assisted in developing test methodologies that comprehensively evaluate adequacy of controls.
- Compiled financial information, figures and forecasts for budgetary decision-making.
Assistant Audit Manager
Satya MicroCapital
01.2021 - 01.2022
- Reconciled monthly bank statements and resolved discrepancies.
- Prepared detailed audit reports summarising findings and suggesting actionable improvements for management review.
- Updated general, sales and purchasing ledgers on schedule and verified information against documentation.
- Generated financial statements documenting revenue, expenses and liabilities.
- Managed multiple audit projects, ensuring timely completion and adherence to quality standards to support effective decision-making.
- Compiled financial information and forecasts for budgetary decision-making, facilitating informed financial planning.
- Responsible to oversee and ensure that the operation team complied with gaps identified during internal audit.. Identifying emerging operational risks in the branches resulting from internal factors like inadequate supervision, untrained staff, inadequate staff, interpersonal issues, or other reasons. Providing recommendations for improving business processes and suggesting various costs. Conducted surprise checks on compliance reports submitted by operation team to verify their accuracy.
Audit Risk Officer
Micrifin Aditya Birla Group
11.2018 - 12.2020
- Fraud Detection and Investigation: Prepared investigation reports and shared with top management for actionable decisions based on fraud nature. • Audit Report: Share the daily audit report observation with the business team and release it with compliance at the end of every month. • Monthly MIS: Compiled special report on unaccepted process deviations and reported findings to higher authorities for review. • Deviation Finding: Deviation findings are on the basis of operational check and field visit check. • Rectification of Observation: Review the transaction dump make relevant observations of various processes followed at the branch & enable immediately rectifications wherever possible • Client Sourcing: Continuous monitoring of entire procedures of client sourcing which includes Group Orientation, Group Formation, Financial Training and Group Appraisal. • Collection Meeting: Required Centre Meeting visit /CM audit, uploading of the same in Satark Device - completion of each audit group-wise and observed the whole collection process. • Client Servicing: Monitoring of documentation and loan utilisation after disbursement of loans to clients. • Death Claims: Ensuring death claims are settled in time and claim documents like death certificate, Post mortem report and FIR are obtained in time. • Stationery & Fixed Asset Verification: Carrying out physical verification of fixed assets and stationery of the branch and also give comments on the housekeeping in the branch. • Staff Details and Registers Checking: Required to check Staff vehicle insurance, Driving Licence, Helmet Company’s Employee ID card and all the official registers. Date Analysis... Report Review... Compiled and maintained Management Information System (MIS) to track performance metrics. (Management Information System)..
- Management TraineeFull-timeNov 2018 - Dec 2020 · 2 yrs 2 mosMadhya Pradesh, IndiaExperienced Risk Management with a Demonstrated History Of Working in the Financial Services Industry. Skilled in Risk Management, Administration, Management, Leadership Development, and Auditing. Strong Finance Professional with a Master of Business Administration (MBA) focused in Finance from Bansal Institute of Science & Technology, Raisen Road, Kokta, Anand Nagar, Bhopal - 462021. Currently working at Svatantra Microfin PVT Ltd as Audit & Risk Financial Audit and Risk Audit. Branch Internal Audit Micro Finance - Loan Application Farm Verification. Audit Sample - Audit Sample to Be Provided to the auditor as per sampling methodology at least 2 Days prior to commencement of the Audit. Required Centre Meeting Visit/ CM Visit; Uploading of The Same in Actual Doc Checking, Completion Of Each audit and observe collection Process. Adherence to code of Conduct and discipline as defined by the Company, providing relevant and timely information to Management. Contributed suggestions to improve existing processes for productivity, quality, delivery, and customer satisfaction. LUC Check Business Loan. Check LAF. Shared daily audit observations with the business team and reviewed the audit report. Proper Monthly MIS & Audit Plan.
- Experienced Risk Management with a Demonstrated History Of Working in the Financial Services Industry. Skilled in Risk Management, Administration, Management, Leadership Development, and Auditing. Strong Finance Professional with a Master of Business Administration (MBA) Currently working at Svatantra Microfin PVT Ltd as Audit & Risk Financial Audit and Risk Audit. Branch Internal Audit Micro Finance Loan Application Farm Verification. Audit Sample Audit Sample to Be Provided to the auditor as per sampling methodology at least 2 Days prior to commencement of the Audit. Required Centre Meeting Visit/ CM Visit, Uploading of The Same in Actual Doc Checking, Completion Of Each audit and observe collection Process. Adherence to code of Conduct and discipline as defined by the Company, providing relevant and timely information to Management. Suggestions/Contributions to Improving Existing Processes to either Productivity Quality, Delivery Process or Customer Satisfaction.
Education
Master of Business Administration - Finance
BIST Bhopal
Bhopal01-2018
BCOM - Commerce
RDVV
Jabalpur01-2016
Skills
- Internal audit execution
- Risk assessment
- Audit procedures
- Internal controls
- Fraud detection
- Audit report writing
- Audit reporting precision
- Data analysis
- Data analysis tools
- Process improvement
- Project management
- Microsoft Excel proficiency
- Accounts receivable and payable analysis
- Internal controls understanding
Certification
- NIBM A/c & Audit.
Certified under the approval of Indian Banks’ Association (IBA) for capacity building and professional banking standards. - IIBF Business Correspondance.
Timeline
Internal Auditor
Utkarsh Small Finance Bank
05.2022 - Current
Internal Auditor
Satin Credit care Network Limited
01.2022 - 04.2022
Assistant Audit Manager
Satya MicroCapital
01.2021 - 01.2022
Audit Risk Officer
Micrifin Aditya Birla Group
11.2018 - 12.2020
Master of Business Administration - Finance
BIST Bhopal
BCOM - Commerce
RDVV