Kumaran Balasubramanian Email & Phone Number

India

Chennai Area, India

Areas of work: ‘Cost 2 value’ & Control Testing‘Cost 2 Value’:o An Ex-Co agenda project which involved identifying the Qualitative and QuantitativeValue propositions that RBS India brings to RBS Globally.o The project was started from designing the basic framework with the inputs from the internmanager. Involved lot of brain storming sessions to understand the functions of the differentBU’s within the organization.o Involved categorizing the value propositions… Show more Areas of work: ‘Cost 2 value’ & Control Testing‘Cost 2 Value’:o An Ex-Co agenda project which involved identifying the Qualitative and QuantitativeValue propositions that RBS India brings to RBS Globally.o The project was started from designing the basic framework with the inputs from the internmanager. Involved lot of brain storming sessions to understand the functions of the differentBU’s within the organization.o Involved categorizing the value propositions brought in by the different BU’s across RBSIndia’s operation into Qualitative and Quantitative propositions.o The project got the first level acceptance by the end of the Internship periodControl Testing:o Performed Major issue validation by testing the controls placed to mitigate the risks.o It required an immense understanding of the business process and its functions.o Tested 30 client samples to validate the effectiveness of the controls placed.o Delivered the audit findings from the sample testing to the manager Show less

Chennai Area, India

Areas of work: Internal Audit & Statutory AuditInternal Audit:o Part of Internal Audit team and performed Internal Audit for Educational and Corporateorganizations to identify & review internal checks & controls system for various processesof client’s organization, analyzing deficiencies with efficacy & exploring scope ofimprovements therein and designing new internal controls.o Executed detailed audit procedures, including reviewing transactions, documents… Show more Areas of work: Internal Audit & Statutory AuditInternal Audit:o Part of Internal Audit team and performed Internal Audit for Educational and Corporateorganizations to identify & review internal checks & controls system for various processesof client’s organization, analyzing deficiencies with efficacy & exploring scope ofimprovements therein and designing new internal controls.o Executed detailed audit procedures, including reviewing transactions, documents, records,reports, & policies & procedures, business processes for ascertaining accuracy &effectiveness of recorded transactions.o Develop recommendations for areas of improvement, write reports documenting findings,discussion with concerned executives & senior management.o Drafting of special internal audit observation report and exercising follow up to ensuresuggestions are implemented.Statutory Audit:o Part of two-member statutory audit team and handled Rs.200 crore turnover company, waspart of the team from the planning the frame work of audit to the finalization of financialaccounts.o Performed Customer and vendor reconciliation, Inter Branch & Bank Reconciliation,Stock Valuation, audit of various expenditures, incomes, assets and liabilities.o Finalization of Audit report and filing of the tax return of the organization. Show less

Chennai Area, India

o Observed and learned the basics terms Stock Market trade.o Learned the basic process of opening DEMAT account and how the stock market functions.o Interacted with clients.