Hi, I’m
Vardharajan Seshan
Chartered Accountant
Bangalore
Summary
Dynamic and Result Oriented Chartered Accountant, (ICAI New Delhi India 1989) with an extensive work experience of over 36 years. Hands on Experience in Audit, Risk management, Fraud Investigations, Finance, Accounts, Commercial Operations, Budgetary Controls & Business Process Development & efficiency enhancement, for sustainable growth and business profitability. Worked for Al-Othman Holding Company-KSA (Manufacturers of NADA Dairy products – Group Audit Head), Landmark Group (SAPR Hypermarkets India- GM internal Audit) & Reliance Communications Limited India (GM Commercial) Industries Worked – Manufacturing (Dairy products, Steel, Logistics, Distribution), Services -Warehousing Telecom, Retail (Hypermarkets), Facility Management) Projects, Trading, Hospitality – Hotels Demonstrated exceptional leadership and communication skills and led and mentor a team of twelve internal auditors.
Overview
36
years of professional experience
Work History
Al-Othman Holding Company
Head - Group Audit
11.2016 - 12.2024
Job overview
- Responsible for planning, executing, and overseeing risk-based audits to evaluate the effectiveness of internal controls, governance processes, and compliance with Applicable regulations and industry standards.
- Handled Internal Audit function for a diversified group having 20 Group companies of different sizes and businesses. Managed 12-member Audit Team consisting of Asst Manager, Senior and Junior Auditor Level.
- Shouldered responsibilities include preparing and executing the risk-based annual audit plan, reporting key findings to the Top Management & CEO, ensuring timely remediation of audit issues, and maintaining an independent and objective assurance function.
- Exhibited higher degree of capability in engaging senior stakeholders with clarity and integrity while maintaining high professional standards.
- Developed and implemented a, resulting in a in near 100% audit coverage.
- Implemented an effective audit management system including follow up actions, improving efficiency and reducing audit completion time.
- Implemented Pre Audit mechanism and brought in Assurance in Internal Control, fraud detection and accounting disciplines.
- Conducted multiple internal audit assignments of both Financial and Operational Audits.
- Identification and reporting of significant risks, assessment and their impact on the operations and business processes. Follow ups for the status of agreed mitigation plans.
- Develop and Implement ERM (Enterprise Risk Management) initiatives and publish dashboards to Board for Risks and recommendations.
- Carry out Fraud investigations, detailing and reporting and devising proactive measures to arrest probable fraudulent activities.
- System Audits like. Evaluation of effectiveness of ERPs implemented, identify the gaps and recommend measures to address and improving the efficiency.
Max Hypermarkets India Pvt. Limited (SPAR Hypermarkets) - Landmark Group
General Manager Internal Audit
12.2011 - 02.2016
Job overview
- Carrying out regular Operation Audits with the help of in-house team and Management Audits with the help of External Agencies. Covering 20 Strategic store locations (Multi Brand) spread across the country, 3 Distribution Centres including a repacking centre.
- Identifying Areas require process improvement and recommend measures to increase the efficiency. Improving the existing SOPs to suit the current dynamic requirement and complex situations. Conducting 100% Wall to Wall Stock check of the Hypermarkets having voluminous SKUs.
- Carry out Fraud investigations, Evaluation of effectiveness of ERPs, Periodical meetings with Management on the audits & follow ups
- AREAS COVERED: -
- Supply Chain Management-Warehouse operations- WMS effectiveness/ Wall to Wall stock check / Perpetual Inventory, Management Audits on Procurement and merchandising.
- Cash and Administration Cash Tills / Banking, Loss prevention Activities - Fire Safety/ Pilferage protection /Human Resource – Hiring / Training compliance /Statutory / Labor Law Compliance.
- Capex and Fixed Assets – FA audits / capex budget audit on new projects
Reliance Communications Limited
General Manager Finance & Commercial
05.2007 - 12.2011
Job overview
- Extended arm at the circle level for the Corporate Management Audit Team
- Operations Audit, Concurrent Audit of Retail outlets, City Distribution Centres, Branches, Warehouses and Franchisee outlets spread across the circle & Miscellaneous Audits like Collections, Money Receipts, project activities.
- Worked closely for making Annual Operating Plan and Monitor the same.
- Ensure Cost Management & Over Heads Control for all support functions (HR, F&A, planning etc)
- Concurrent Audit checks on the Circle Level Procurement Team and Contracting Team.
- One of the Key points of concurrence for any circle level spends to ensure all the required controls in ensuring the budgets and SOPs are duly adhered to.
- Control on various Bank Guarantees issued, closure process on the completion of projects.
- Monitor implementation of approved projects and analysis of Business performance of Group Companies & competitors
Multilinks Tele-Communications Limited
General Manager (F/A & Administration)
01.2006 - 04.2007
Reliance InfoComm Limited
Senior Manager F/A Commercial
01.2001 - 01.2006
Telesistem /EasyCall Paging India PVT Ltd
Chief Accounts officer for South Zone
10.1997 - 01.2001
Prakash Parcel Services Limited
Manager Finance and Accounts
08.1994 - 10.1997
Karnataka Hybrid Micro Devices Limited
Finance Manager
07.1993 - 08.1994
Leela Scottish Lace Limited
Commercial Manager
07.1992 - 07.1993
Zodiac Miraj Marketing Pvt. Ltd.
Manager Accounts
03.1989 - 07.1992
Education
Bharathidasan UniversityTrichy Tamil Nadu India
Bachelor of Commerce from Commerce
04.2001
The Institute of Chartered Accountants of India
Associate Membership
01.1989
University Overview
ACA
Skills
Internal Controls evaluation
Risk Management and Assessment
Financial and Operational Audits
Business Process Development and evaluation
Fraud Investigations
Friendly, positive attitude
Teamwork and collaboration
Computer skills
Microsoft office
Team management
Time management
Knowledge and Skills
- Implementation and Application (Hands on) experience in SAP- FICO & MM
- Working knowledge in Oracle Apps – WHMS
- Working knowledge in MS-Excel, MS-Word, MS-PP etc.
- Hands on experience and knowledge in handling various commercial functions of a dynamic Telecom service provider organization.
Timeline
Head - Group Audit
Al-Othman Holding Company
11.2016 - 12.2024
General Manager Internal Audit
Max Hypermarkets India Pvt. Limited (SPAR Hypermarkets) - Landmark Group
12.2011 - 02.2016
General Manager Finance & Commercial
Reliance Communications Limited
05.2007 - 12.2011
General Manager (F/A & Administration)
Multilinks Tele-Communications Limited
01.2006 - 04.2007
Bharathidasan University
Bachelor of Commerce from Commerce
04.2001
Senior Manager F/A Commercial
Reliance InfoComm Limited
01.2001 - 01.2006
Chief Accounts officer for South Zone
Telesistem /EasyCall Paging India PVT Ltd
10.1997 - 01.2001
Manager Finance and Accounts
Prakash Parcel Services Limited
08.1994 - 10.1997
Finance Manager
Karnataka Hybrid Micro Devices Limited
07.1993 - 08.1994
Commercial Manager
Leela Scottish Lace Limited
07.1992 - 07.1993
Manager Accounts
Zodiac Miraj Marketing Pvt. Ltd.
03.1989 - 07.1992
The Institute of Chartered Accountants of India
Associate Membership