SURESH SIMMA

Key Achievements & Responsibilities:

Departmental walkthrough: To understand core business objectives, align audit focus with management expectations, and evaluate control environments.

Audit Automation & Tool Implementation:

Actively contributed to the development and user acceptance testing (UAT) of the audit management tool Pentana, ensuring its effective configuration, functionality, and alignment with internal audit methodologies for streamlined execution and reporting.

Audit Documentation & Control Frameworks: Developed and maintained comprehensive Audit Reports, Risk & Control Matrices (RCMs), process narratives, and control testing documentation for all functions audited.

Risk-based audit plans: identifying high-impact risks, evaluating internal controls, and recommending practical and sustainable control enhancements.

Quarterly and semi-annual audits:

• Retail Finance & Lending Operations
• Corporate Social Responsibility (CSR)
• Human Resources & Payroll
• Reconciliations (BRS, Portfolio, ECL)
• Finance (AP, Treasury, Month-End Closures)
• Administration, Grievance Redressal & RPC (Retail Processing Centre)

End-to-End IFC testing: Spearheaded the Internal Financial Controls (IFC/ICFR) testing across 11 core business areas, ensuring regulatory compliance and robust control frameworks.

Reviewed and validated control account reconciliations, Expected Credit Loss (ECL) provisioning methodologies

• Handled Statutory Audits of SBI bank
• Conducted internal audit for Medicaid Labs llb.
• Maintaining books of accounts for the Medicaid Labs, Fareed Tyres
• ITR filing of partnership firms

• Proficient in e-filing tax reports for individuals, firms, trusts.
• Performed statutory and tax audits for banks, and Manufacturing entites.
• Ensured compliance with statutory requirements such as TDS, Provident Fund, ESI, Professional Tax, and ROC filings.
• Conducted concurrent audits for nationalized banks and revenue audits for public sector banks.
• Maintained books of accounts for firms, trusts, and educational institutions.