SOUNOK RAYSai Sadan Apartments, Flat #103, 1st Floor, Hafeezpet Road, Miyapur, Hyderabad-500050: + 91-8142175544/9000581034: sounok_ray30@yahoo.com, sounaknw@gmail.com; Date of Birth: 12th May, 1982

INTERNAL AUDIT & FINANCIAL REPORTING PROFESSIONAL Over 11 years of experience; seeking a position in Audit department in Banking & Financial Service Institutions

PROFILE

Proactive and competent professional, offering over 11 years of experience across Internal Audit, Risk Management, Corporate Governance, Compliances and Strategic Planning; currently spearheading as Senior Analyst with Deloitte SVCI, Hyderabad.

Adept in conducting audits, verification of operational efficiency levels, evaluating internal control systems with exposure of recommending necessary suggestions to improve internal controls of clients; credible in conducting scrutiny with proven strengths in preparing structured audit reports in compliance with statutory procedures.

Proven expertise in structuring annual budgeting, and capital budgeting, defining standard operating procedures & internal controls; deft in exercising strict budgetary control, variance analysis and appraisal of actual performance

With advanced knowledge of latest trends & technologies, Auditing guidelines & statutory compliances, displayed success & focused energies in establishing needs & goals, streamlining existing operations & envisioning new concepts & future trends while building a cost conscious culture in the organisation.

Proven ability in formulating Audit Plans & Schedules and in Preparation of Audit Reports with recommendation for risk mitigation.

Core CompetenciesRisk Management • Internal Audit • Corporate Governance • Inventory Management • Strategic Planning• Internal Control • Reporting/MIS • Cost Reconciliation • Financial Statements • Cost Analysis • Budgeting

PROFESSIONAL EXPERIENCE

DELOITTE Audit & Compliance, HYDERABAD Since Oct’07Team Lead - Finance & Audit Service Line)

Conducting in-depth analysis of financial data, determining the variance, and assessing financial health of the organization through systematic examination of past and projected financial performance

Proven strengths in cost estimation, appraising financing requirements, ratio analysis, profitability estimates, cash flow projections, and projected balance sheets, calculation of various financial ratios / parameters and economic indicators

Preparing Key financial reports & information for stakeholders. Responsible for preparing financial reports to determine the financial visibility, projected cash flow/fund flow to monitor the inflow of funds and ensuring optimum utilization of available funds in line with corporate goals.

Enforcing strict budgetary controls over expenditure incurred and detailing the explanation of the expenditure variance reports and thus facilitating decision making process. Implementing processes for effective cost rationalization and execute the activities as per the SLAs defined. Reviewing existing controls, processes and procedures and streamlining them to achieve greater efficiency

Spearhead complete audit planning and management activities and ensured completion of audits within the agreed time and cost; compiled and consolidated audit reports with key findings & observation and presented it to the senior management.

Expertise in conducting audit, verifying books of accounts to detect any possible fraud, evaluating internal control systems/procedures and preparing audit reports to highlight shortcomings and implementing necessary recommendations.

Proficient in preparing and maintaining documentation for audit observations and the conclusions derived; also ensure strict adherence to the confidentiality clauses and contractual requirements.

Carefully understand the audit requirements and ensuring rigorous compliance to the same; adept at verifying books of accounts, reconciling payments and advances and maintaining audit documentation.

Diligently carried out close examination of financial systems and processes and collection of quality evidences that interfere with audit results.

Pioneer in Assessment of working capital requirements, preparation of corporate balance sheet, internal audit and project planning.

Managing the Envelops submission Inventory Control Stores process for Deloitte’s India offices which involves responsibilities relating to transferring all the expense submission receipt envelopes to Deloitte’s Main office at Hyderabad from different other locations across India.

Overseeing Credit compliance, and guiding the team for documentation, disbursement & recovery.

Reviewing bank reconciliation process, verifying internal controls and compliance guidelines issued by the bank. Judiciously reviewing internal control procedures for operational systems, identifying weakness and recommending

improvement.

Achievements Met Six Sigma and Lean Project goal within six months from joining and getting Six Sigma certification as a whole for our

team; completed and met targets ahead of deadline in high priority audit projects like Project Double Dip, Airfare Jumbo Jet, FAS Airfare, Innovation Quest Winners Audit, Credit Listing File Clean-ups, etc.

Acknowledged as the top performer in team with the highest and consistent quality & productivity score; acted as the training lead for the team owing to excellent score in TOEIC Exam, conducted by ETS, USA.

Successfully transitioned the Top spender audit process which identifies the key errors or frauds committed by top level firms’ employees who have a high credit limit on their corporate card and also have a high spending pattern based on their business expenses; awarded with the firms’ Rewards & Recognitions certificate for excellent performance towards client wise revenue generation.

Developed and streamlined the Airfare control and risk assessment process which is related to the detection of compliance and fraud issues involving employees who travel frequently for client projects in India and abroad. Also streamlined the relocation expenses claim process by preparing various detailed reports which has led to a proper reporting structure as per the SOX compliance guidelines.

Detected many fraud issues like duplication in claiming airfare charges, charging expenses to wrong client codes, submitting tampered auto conveyance and hotel bills which have led to huge findings above USD 100000 and these amounts were finally recovered from the employees.

Successfully implemented a Quality Metrics Dashboard which tracks the team’s performance on a daily basis. Awarded with certificates of accomplishment from firm’s top leadership for successfully managing Deloitte’s Community

Involvement Initiatives. Received Mastery test score of 1325 out of 1390 in TOEIC Exam (World’s Leading exam of English Language proficiency in

a work place context) conducted by ETS USA scoring 200 out of 200 in Written Skill competency section. Awarded with Applause and Spot awards by Deloitte Leadership for exceptional Analytical and MIS reporting skills,

Multitasking skills and Process based training skills.

Job Enrichment Tally Graduate Certificate from Tally Solutions Pvt. Ltd., Bangalore, 2006 Post Graduate Certificate in US GAAP Reconciliation and Financial Reporting Controllership from GE Capital International

Services Training Centre, 2007.

GENPACT, KOLKATA Jan’07-Sep’07Process Associate - Finance

SWAHA CORPROTEKTS PRIVATE LIMITED, KOLKATA Jan’06-Jan’07Junior Executive (Accounts and Administration)

S. N. GUHA & COMPANY (CHARTERED ACCOUNTANTS), KOLKATA Mar’04-Dec’05Junior Audit Associate

EDUCATIONAL QUALIFICATIONS

Certified Information Systems Auditor, PursuingCommonly known as CISA

Post Graduate 1 Year Executive Programme in Business Management

Harvard Business School

Bachelor of Commerce (Honours), 2003Calcutta University; 2nd Division

Intermediate, 2000Don Bosco Liluah, Howrah affiliated to ICSE Board New Delhi; 2nd Division

Matriculation, 1998Don Bosco Liluah, Howrah affiliated to ICSE Board New Delhi; 1st Division

Computer ProficiencySAP B/W, SAP HR, SAP FICO, Tally 6.3/ 7.2, Brio and ART Applications, MS-Office and MS-Windows

Trainings Attended Customer Service Training Program from George ITES and Globsyn Academy, Kolkata.

Effective Presentation Skills, Time Management, Conflict Management, Team Building Skills, Effective Coaching and Supervisory Skills and Six Sigma Style of Audit Reporting from Deloitte India Learning and Development Centre, Hyderabad.

Languages Known: English, Hindi and Bengali References: Available on Request