Ramkumar Narayanan Email & Phone Number

Munich, Bavaria, Germany

Darmstadt, Hesse, Germany

Led and executed audit assignments with exceptional project management skills, meeting quality standards and deadlines.Identified root causes of control issues and implemented risk mitigation strategies.Prepared precise audit reports and led process improvement initiatives.Collaborated with cross-functional teams to enhance internal control systems.Conducted assessments of internal control frameworks for global organizations.Ensured compliance through regular review of internal controls.Managed data analytics audit engagements and customized solutions.Integrated data analytics to streamline audit processes and reduce cycle time.Presented audit results and analytics findings to executive leadership and clients, translating technical information into actionable insights.

Chennai Area, India

SOX compliance:Partnering with process owners to update and maintain process documentation / flowcharts and controls.Perform walk-through to validate the existing SOX documentation to ensure changes in process are implemented.Identifying potential SOX implications of changes in the control environment.Performing remediation testing of internal controls to ensure timely completion and compliance with the annual test plan.Working with internal and external auditors to assist audits and SOX reporting.Responsible for maintaining and updating all documentations for SOX reporting.Compliance & InvestigationsPerforming investigations of alleged or suspected violations of corporate policies. Analyzing and reviewing the data in support of investigations. Performing interviews with vendors / external sources on the suspected violations.Preparing work papers to adequately document investigations performed with supporting evidence for all findings.Recommending internal controls for business processes, and ensure that corrective action plans are developed and implemented.Preparing clear, comprehensive and cohesive investigation reports in a timely manner to be submitted to the management.Internal Audit and Management requestParticipating in preliminary meetings with process owners to discuss the scope and objectives of the audit engagement.Preparing process risk assessments and audit work programs for new audit projects.Identifying and documenting business processes and controls to evaluate risks and compensating controls.Providing recommendations to improve efficiency, effectiveness, and utilization of company assets.Lead and facilitate meetings to discuss audit findings with top levels of management.Preparing audit report to effectively communicate the findings and recommendations to the Senior Management.Coordinating with process owners for implementing management actions plans within timelines.

Chennai Area, India

Key ResponsibilitiesDeveloping a thorough understanding of business processes in scope for assigned audits and document the processes in flowcharts and/or process narratives.Identifying and documenting inherent risks and controls within the business processes.Developing a risk based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology.Evaluating the adequacy of process design and the effectiveness of controls in meeting business and control objectives. Identifying and documenting control and process weaknesses and provide evidential support for findings.Suggesting practical and value added recommendations to address control weaknesses and/or process inefficiencies.Participating in closing meetings with client at the end of fieldwork, providing clear explanations for identified issues.

Chennai Area, India

Key ResponsibilitiesCreates audit planning memos in conformance Internal Audit Department procedures.Documents business processes within process narratives or flowcharts, identifying risks and mitigating controls.Develops risk and control matrices and test plans for key controls.Identifies control gaps and test the design of existing controls.Reviews and tests bank records and ensure compliance with company policies, procedures, plans, and communications as well as safe and sound banking practices.Formulates clear and concise conclusions on internal controls and business process and efficiency.Prepares audit reports detailing findings and recommendations with appropriate management personnel through exit conferences.Keeps abreast of regulations, industry, and information technology changes.

Chennai Area, India

Key Responsibilities:Developing and implementing audit plans of internal business processes, application systems, and general controlsCompleting on-site business audits, evaluating the effectiveness of controls and writing up reports detailing control deficiencies with appropriate remediation plansInterviewing business teams about working practices.Reviewing operations group’s reconciliation processes and procedures. Identify opportunities for increased reconciliation controls and efficiency, and assist in implementation of enhancements to achieve best practices.Collecting and reviewing financial accounts and other dataProactively evaluating risks and internal controls against changing trends and market/economic conditionsPreparing reports to highlight issues and problems and distributing the reports to the relevant peopleReviewing compliance, ensuring the organization is adhering to rules, codes or practice, business ethics, internal and external guidelines and principles.Conducting special projects as assigned by Senior Management or the Audit Committee of the Board of Directors.

Master Of Business Administration (Mba), Finance & Marketing

Bachelor Of Commerce (Bcom), Accounting And Finance