Avinash Kumar Verma Email & Phone Number

Luanda, Luanda Province, Angola

Evaluation of existing controls, policies & procedures for improvement and identifying the potential to improve operational efficiency and ensuring compliance with the Group’s policies and procedures.Conducting internal audits of Group Companies in accordance with the Annual Audit Plan and issuance of Draft Audit Reports after conclusion of audit.Preparation of Final Audit Report after obtaining management response and submission to Chief Internal Auditor.

Gurugram, Haryana, India

Reconciliation of Accounts Payables balances as per our books ( SAP) with the books of vendors. Tracking of Debit Notes which are not accepted by Vendors but accounted for in Books of Accounts.Resolution of vendors queries regarding differences in balances, Debit Notes, Credit Notes and Reconciliation status.Payments of Vendors- Fabrics, Trims, Job work, Testing, Outsource and pcs rate contractor.Review of Vendor Ageing Analysis for all the locations.Coordinate with all the account holders and help them to resolve their issues.

Lagos, Nigeria

Develop Annual Internal Audit Plan for conducting internal audit of Group Companies based on comprehensive business risk / controls assessment.Planning, Organizing and Conducting internal audits of Group Companies (CWAY-Water, CWAY- Beverages & other Group Companies) in accordance with the Annual Audit Plan.Testing the compliance of existing internal controls and Evaluation of existing controls, policies & procedures for improvement and identifying the potential to improve operational efficiency.Ensuring compliance with the Group’s policies and procedures.Preparation and Finalization of internal audit reports.Team Management -Guide, Review, supervise and evaluate auditor’s performance.Participation in development of Standard Operating Procedures and ensuring compliance with the same.SAP Implementation Support (SAP Business One).

Lagos, Nigeria

Conducting internal audits of site locations and Departments of Head Office in accordance with the Annual Audit Plan.Report on the findings and making recommendations for corrective action in Draft Internal Audit Report on the conclusion of audit to Auditee for obtaining Management Response.Issuance of Final Internal Audit Report to Auditee and Top Management and monitoring Management's Response for ensuring implementation of recommendations in Audit Report.Pre-audit of high value procurement's at Head Office and site locations.

Kampala, Uganda

Conducting an independent appraisal of the effectiveness of policies and procedures of Bank, ensure compliance with applicable laws and regulations and Regulatory Risks and Controls. Conducting Risk Based Internal audits of various Branches (45 Branches) and Departments/ Functions in accordance with the Annual Audit Plan approved by Audit Committee.Reporting the findings on the conclusion of audit to the Auditee in Risk Assessment Questionnaire (RAQ) along with Risk Ratings and recommendations for corrective actions in Internal Audit Report.Monitor Management’s Response for ensuring implementation of recommendations as suggested in the Audit Report.Conducting Investigation of incidents and frauds and submission of Incident Reports to the Top Management and Central Bank.

Jinja, Uganda

Pre audit of accounting vouchers to ensure that payments are made in accordance with organization’s policies & compliance with accounting policies before release of vouchers in SAP.Approval of overseas Travel Claims/ Salary Advances and medical reimbursements of employees. Conducting internal audits of various functions, scheduling and assigning work to Auditors.Preparation of Internal Audit Reports and submitting them to Manager (Internal Audit). Follow up the compliance status of audit recommendations.

Gurgaon, India

Conducting internal audits of Depots to ensure that branches are operating in accordance with the policies of the organization and physical verification of stocks lying in branches.Report on the findings and make recommendations for corrective actions in the Internal Audit Report on the conclusion of audit to General Manager (Finance).Monitor management's response for ensuring implementation of recommendations in the Audit Report.Pre Audit of vouchers to ensure that correct accounting procedure is followed and statutory compliance's are properly complied with before they are accounted in the books of accounts.

New Delhi Area, India

Conducting internal audits of Departments and Functions of Head Office, Plant (Stores, Purchase, Warehouse, Sales & Marketing, Human Resource, Accounts & Finance Dept.) and Depots in accordance with the Annual Audit Plan approved by Audit Committee.Submission of Audit Report containing findings and recommendations to Auditee, Chief Finance Officer and Audit Committee for timely and constructive decision making.Submission of “Action Taken Reports” to Top management and Audit Committee highlighting the status of non-compliance's of recommendations by the concerned Departments/ Functions.Preparation of SOP’s in various functional areas as per the instructions of top management and ensuring implementation of SOP’s.Ensuring compliance's with statutory obligations such as Income Tax Act, Excise Act, labour laws and relevant laws, Standard Operating Procedures (SOP's) and other policies and procedures.

Gurgaon, India

Conducting internal audits of Depots and Functions with other team members as per Annual Audit Plan.Physical verification of finished goods and service stocks lying in Branches and reconciliation of physical stocks with books of accounts (ERP balances). Preparation of Internal Audit Report on the conclusion of audit, containing findings and recommendations and submission of Audit Report to auditee and top management. Monitor management's response and ensuring implementation of recommendations of Audit Report.

New Delhi Area, India

Internal Audit of various Departments of Head Office and Rice and Food Factories.Preparation of Internal Audit Reports and submission of the same to respective Department Head and Joint Managing Directors.Financing for Exports and Imports, Remittances of import payments and other miscellaneous payments in foreign currency.Establishing LCs for imports/ Inland Letter of Credit with various Banks, Acceptance of documents received under LCs and timely submission of bills of entry to respective banks and issuance of Bank Guarantees.

New Delhi Area, India

Conducting Branch Audits as per the audit calendar and highlighting the deficiencies in the system and procedures followed by the branch in the form of Internal Audit Report submitted to Auditee, Director (Finance) and Secretary General & CEO.Independent finalization of Internal Audit Reports.Drafting follow up, reminders and correspondences with various branches.

New Delhi Area, India

Internal audit of branches and submission of Audit Reports to Manager (Internal Audit).Internal Audit of various Departments of Head Office and submission of Audit Reports to Manager (Internal Audit).Conducting investigations of frauds/ incidents at branches.

Master Of Business Administration (M.B.A.), Accounting And Finance

Ca Intermediate & Ca Final (Group-I), Accounting And Finance, Costing, Taxation, Iind Division

Bachelor Of Commerce - Bcom, Accounting And Finance, Costing, Taxation, Iind Division

Ca Intermediate & Ca Final (Group-I)