Sumithra N
Deputy Manager - Internal Audit
Chennai
Summary
Experienced in team leadership, operational management, and strategic planning. Utilizes strong organizational skills to enhance workflow and drive efficiency. Proven track record of fostering team collaboration and successfully achieving business objectives.
Overview
14
14
years of professional experience
6024
6024
years of post-secondary education
2
2
Languages
Work History
Deputy Manager (Internal Audit)
SRM Holding Pvt Ltd
04.2019 - Current
- Company Overview: SRM Group
- Conducted audits for 14+ group companies, ensuring compliance with statutory and internal financial controls.
- Industries worked are Education (School & Colleges), Hospitals, Information Technology, Media, Printing, Construction etc.
- Conduct internal audits for various units in the group and submit reports to the management.
- Suggest continuous process improvements across the group.
- Implementation of new policies and process across the group.
- Improved team efficiency by streamlining processes and implementing innovative management strategies.
- Mentored junior staff members on best practices for project management and team collaboration skills, fostering a supportive work environment.
- Developed strong relationships with stakeholders to facilitate smooth communication and audit completion.
Senior Officer (Internal Audit - Accounts)
WHEELS INDIA LTD
02.2013 - 04.2019
- Company Overview: TVS Group
- To prepare Audit plan of the year in line with company requirements.
- To complete all my audit programs placed before the audit committee meeting as per target date.
- Co-ordinating with internal auditors for completion of action points related to the observations.
- Preparing relevant IFC (Internal Financial Control) / internal audit presentations to the audit committee.
- To identify internal financial control gaps and co-ordinate with the respective departments to plug those gaps.
- Preparing Related Party Transactions (RPT) and validating the actuals presented to the Audit committee and Board.
- Document process and prepare audit findings memorandum.
- Conducting follow up audits to monitor management’s interventions.
- Handling of following areas of internal audit such as GST, Debtors ageing analysis, Creditor ageing analysis.
- Physical verification of stock lying at sub-contractors site and reconciliation of the same with the book stock and reporting the excess and shortage.
- Verification of the Contract labour bills with the respective agreements across the plants of Wheels India ltd at periodic quarter.
- Developed various SAP T-codes internally to simplify the audit
- Visiting other plants (Rampur, Bawal, Pantnagar, Deoli, Pune and Nasik) of Wheels India Ltd and preparing audit observations.
- Consolidation of audit reports sent from other plants and taking necessary action.
Financial Associate (Hedge Funds Operations)
TCS E-SERVE INTERNATIONAL LTD
05.2011 - 02.2013
- Acquired in Knowledge in Hedge Fund Valuation process like pricing, Market Value Recon, Trade verification and accruals relating to NAV Process from Dublin.
- Responsible in Daily Deliverable such as Cash and Positions, Stock Loan accruals, Interest accruals, Dividend reconciliation, Forwards & Spots recon and Market value section to Dublin as part of cash and valuation Team NAV process.
- Explored myself in Trouble shooting valuation and reconciliation process of the Hedge Funds.
- Acquired in Knowledge in various hedge Fund instruments such as Equity, CFD, Option, Futures, Swap, Warrants, and Forwards.
- Experienced in understanding broker reports of various brokers such as Morgan Stanley, Citi, DB, UBS, JPM, CS, HSBC, GS, Blackrock and ML by comparing with the accounting Platform for the daily reconciliation to arrive the Net Asset value of the funds.
- Performing Cash & Position Reconciliation, interest, commission & stock loan accruals, dividend reconciliation, verification and validating forwards & spots, CFD check & Market value reconciliation.
- Application Handled – Geneva 6.2 and new version of Geneva 8.0, Bloomberg and Frontier.
Education
MBA - Finance & System
Panimalar Engineering College
B.Com -
Justice Basheer Ahmed Sayeed College (SIET)
MDCA - Masters Diploma in Computer Application
Govt. of India
H.S.C - undefined
Govt girls Hr.sec school
S.S.L.C - undefined
Govt girls Hr.sec school
Technical Knowledge
ORACLE, Tally ERP 9, Windows 9X, Windows 2000, Windows XP, SAP, around 6 years of working experience in SAP and familiar with all modules of T-Code.
Personal Information
- Date of Birth: 07/26/88
- Gender: Female
- Marital Status: Married
Training
Undergone On-the-Job Training in Internal Audit department in WHEELS INDIA LIMITED during the period 06/01/10 - 09/01/10.
Timeline
Deputy Manager (Internal Audit)
SRM Holding Pvt Ltd
04.2019 - Current
Senior Officer (Internal Audit - Accounts)
WHEELS INDIA LTD
02.2013 - 04.2019
Financial Associate (Hedge Funds Operations)
TCS E-SERVE INTERNATIONAL LTD
05.2011 - 02.2013
H.S.C - undefined
Govt girls Hr.sec school
S.S.L.C - undefined
Govt girls Hr.sec school
MBA - Finance & System
Panimalar Engineering College
B.Com -
Justice Basheer Ahmed Sayeed College (SIET)
MDCA - Masters Diploma in Computer Application
Govt. of India
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