Summary
Overview
Work History
Education
Skills
Awards
Interest
Languages
Major clientele
Timeline
Generic

RATUL JAIN

MBA | CA (PCC) | B.Com
Gurugram

Summary

Resourceful Manager offering with over 10 years of auditing experience in risk-based internal audits, process review, financial fraud investigations, IFC, SOX review, fraud risk management, and legal and regulatory compliance across various sectors - Consulting, Power Generation, Industrial & Consumer goods, Automobiles etc.

Overview

17
17
years of professional experience

Work History

Manager – Internal Audit

PwC India
04.2023 - Current
  • Develop and implement annual audit plans, conduct risk assessments, and prioritize audit projects
  • Lead and manage the internal audit team, assign tasks, provide guidance, and ensure audits are conducted effectively and efficiently
  • Assess the adequacy and effectiveness of internal controls, identify weaknesses, and recommend improvements
  • Ensure compliance with relevant laws, regulations, and internal policies, including SOX compliance and adherence to accounting standards
  • Identify and assess major risk areas within the organization, report findings to management, and suggest mitigation strategies
  • Conduct detailed testing of transactions, systems, and processes, including substantive procedures and control testing.
  • Accomplished multiple tasks within established timeframes.
  • Mentored junior consultants, helping them enhance their skills and contribute more effectively to projects.

Assistant Manager - Internal Audit

PwC India
11.2021 - 03.2023
  • Audit Planning and Execution - Assist in the development and implementation of annual audit plans.
  • Conduct risk assessments to identify areas for review. Execute audits in accordance with established procedures and standards.
  • Prepare detailed audit programs and schedules.
  • Team Management - Supervise and guide junior auditors and staff. Assign tasks, monitor progress, and ensure timely completion of audit assignments. Provide training and support to team members to enhance their skills and knowledge.
  • Follow-up and Monitoring - Track and monitor the implementation of audit recommendations and ensure corrective actions to timely resolution of issues.
  • Provide periodic updates on the status of audit findings and recommendations.
  • Participate in internal and external training programs to enhance auditing skills and knowledge.

Sr. Consultant – Risk Consulting

KPMG India
06.2019 - 10.2021
  • Conduct SOX reviews, including identifying business processes, developing process flowcharts, conducting process walk-throughs, control testing, remediation testing, identifying control gaps, and recommending mitigation plans to close gaps
  • Verify transactions per SOPs and conduct process walk-throughs to identify process gaps
  • Identify major risk areas and control gaps, reporting to management and recommending guidelines/SOPs/policies to mitigate risks/gaps
  • Analyze operations and financial information to ensure organizational compliance with statutes
  • Draft audit reports and Exec summary, sharing deliverables with clients within timelines.

Deputy Manager – Internal Audit

Godrej & Boyce Mfg. Co. Ltd.
09.2016 - 05.2019
  • Evaluate internal controls and verify transactions per SOPs
  • Identify and report major risks, suggesting guidelines to mitigate them.
  • Conduct special investigations and analyze operations and financial information for compliance
  • Identify process improvements and potential cost savings.
  • Maintained, documented and presented progress reports to leaders.
  • Draft audit reports and MIS for audit committee meetings
  • Follow up on audit observations for compliance with recommendations.

Audit Analyst – Assurance

Ernst & Young India
11.2013 - 09.2016
  • Ensure compliance with Companies Act 2013 and Accounting Standards
  • Ensure compliance with amended statutes
  • Perform primary substantive procedures on various accounting areas
  • Report under CARO and comply with other statutes
  • Present and disclose financial statements as per statutes
  • Report on Internal Controls over Financial Reporting (ICFR).

Articled Assistant

A.K Nair & Co./ N.Bahl & Co.
03.2007 - 02.2011
  • Ensured compliance with the requirements of Sch. VI of Companies Act 1956 and Accounting Standards.,
  • Drafted audit reports as per reporting requirements of CARO.,
  • Checked the effectiveness of Internal Control Procedures.,
  • Followed up on previous audit reports.

Education

MBA - SVSU
04.2001 -

CA(PCC) Institute of Chartered Accountant of India
04.2001 -

B.Com - Delhi University
04.2001 -

12th Standard - C.B.S.E
03.2006

10th Standard - C.B.S.E
03.2004

Skills

Team Leadership

Workforce Management

Multitasking Abilities

Work Planning and Prioritization

Interpersonal Skills

Awards

  • Above & Beyond - 2022 & 2023 - PwC
  • KUDOS - 2021- KPMG India.
  • Audit Excellence - 2017 & 2018 Godrej & Boyce.

Interest

  • Watching Cricket
  • Travelling
  • Current Affairs

Languages

Hindi
English

Major clientele

  • Metal & Resources - Vedanta Ltd, Sterlite Power, Sterlite Technologies, Jindal Steel and Power Ltd.
  • Agro Based & Waste Management - Olam India Pvt. Ltd and Ramky Enviro Engineers
  • Chemicals - Zuari Agro Chemical Ltd.
  • Automobile - Minda Industries Ltd.

Timeline

Manager – Internal Audit

PwC India
04.2023 - Current

Assistant Manager - Internal Audit

PwC India
11.2021 - 03.2023

Sr. Consultant – Risk Consulting

KPMG India
06.2019 - 10.2021

Deputy Manager – Internal Audit

Godrej & Boyce Mfg. Co. Ltd.
09.2016 - 05.2019

Audit Analyst – Assurance

Ernst & Young India
11.2013 - 09.2016

Articled Assistant

A.K Nair & Co./ N.Bahl & Co.
03.2007 - 02.2011

MBA - SVSU
04.2001 -

CA(PCC) Institute of Chartered Accountant of India
04.2001 -

B.Com - Delhi University
04.2001 -

12th Standard - C.B.S.E

10th Standard - C.B.S.E

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RATUL JAINMBA | CA (PCC) | B.Com