Shankar Rao M

PLOT NO 80 , SRI MAHAN ANUGRAHA APARTMENTS, CHENNAI, 600091 (IN)

shankarrao2105@gmail.com

+919600981670

Professional Summary Skills

 Audit specialist with 5+ years of experience in the field of Internal and Management Reporting
External Audit. Looking forward to work in a healthy, innovative and
challenging environment demanding the best out of me, which is
conducive to learn and grow at professional as well as personal level
Balance sheet & Profit/Loss analysis
thereby directing my future endeavours as an asset to the organization. 

Leadership experience
Employment history

Accounting and Audit Specialist, Philips Global Business Complex Problem Solver
Services. CHENNAI
Apr. 2021 – Present
SOX Compliance Testing
 Performing SOX testing – related to Foreign currency revaluations
and CAPEX to ensure   that they comply with relevant IFRS and HWI.
 Review and analysis of trial balance – to determine whether there are
any significant   deviations. Business Process Review

Conducting Business process review of critical areas such as Capex,

O2C, P2P and Treasury to determine whether   there are any process
gaps and also highlight the related risk to the management. SAP
 Management reporting - General review and schedules submission
(Related to Accruals   and provisions) to determine the estimate to be
accounted based on ageing and past   trend analysis.

AUDIT TEAM LEAD, R.RANGA RAO AND CO. CHENNAI

Mar. 2016 – Sep. 2020

Engaged in Testing of Controls as part of Internal Financial Controls

(IFC) reporting assignment involving evaluation and review of
adequacy of design of controls , Identification of Design gaps and
testing of operating effectives of controls and review of effectiveness
of IT Controls designed for financial reporting.
Inspecting Organisation's operations to Identify potential risks and
providing recommendations to improvise the same.
Payroll Audit of manufacturing and software companies.
Fund planning analysis related to working capital.
Vendor quote and rate analysis.
Manpower planning analysis.
Closing inventory and WIP valuations.
GL Scrutiny and Reconciliations.
 Education

Association of Chartered Certified Accountants, United

Kingdom
ACCA P Level, Present

UNIVERSITY OF MADRAS, CHENNAI, TAMIL NADU

Bachelor of Commerce, Dec. 2019

INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA,

CHENNAI, TAMIL NADU
CA - INTER, Nov. 2015

Achievements

 Involved in various cost savings projects related to RM Procurement

and Manpower Planning Analysis, which eventually enabled the
company to save annually around 1.5 crores (Approx) 
Identification of Fraud related to CAPEX due to weak internal controls