amit revised

8/14/2019 Amit Revised

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Amit R.Chavan

Citizenship : Indian Date of birth : 28th May 1981

Contact

Tel:+91-9820891102/0251-2491493

email:[email protected]

Address

24/26,Shrikalpa CHS , Everest Colony, Vishnunagar , Dombivli (West), Thane 421202, INDIA

Profile

Objective Seeking a Middle management position within the Operations, Compliance, Internal Control &Audit Division in the financial services industry, utilizing over 8 years of demonstrated success andaccomplishment, an experienced manager and effectual leader with a strong ability to manageprojects from conception through to successful completion, with a focus on compliance reporting,Internal control, composing and implementing procedures, in depth internal examinations and staffsupervision.

Education

2007 Post Graduate Diploma in Business Administration (Financial Management)Securing 64%

Symbiosis Centre of Distance Learning, Pune.

2001 Passed T.Y.B.Com exams held by University of Mumbai.

Model College of Commerce, Thane.

1996 Passed SSC exams held by Maharashtra State Board securing 62% marks

SVVM HIGH SCHOOL, Thane

Work Experience

BDO India Consultancy Private Limited. Mumbai

Team Leader Risk Advisory Division Since Dec-05

Areas of Expertise

Risk & compliance Review

Operational review

Internal Audit

System, Control & Process Review

Industry Expertise

Insurance

Bank & NBFC

FMCG

Telecom

Energy

Advertising

Major Client Handled/Served

Reliance Energy Limited.

Max New York Life Insurance Co. Ltd.

Bajaj Alianz Life Insurance Co. Ltd.

ICICI Bank Ltd.

Vodafone


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Hindustan Unilever Ltd.

Mudra Communication & Whistling Woods International

Dawnaday Financial Services.

Professional Experience

Over 4 years of experience with Risk Advisory Division of BDO India. Playing a leadership role in planning,resource allocation implementation and reporting in various assignment of Banks, Infrastructure, Financial

Institution, FMCG, Telecom & Insurance co. Work experience includes specialisation in Risk, Compliance &

operational Reviews of insurance co. & areas of financial Services, Compliance based Operational reviews,

business process reviews & internal audits.

Risk & Compliance review: (Max New York Life Insurance Co. Ltd. & Bajaj Allianz Life Insurance Co.Ltd.):. It consist team handling & coordinating with associates on PAN India basis. This process havingevaluation of total branch operations and compliance issues. The key areas for the analysis are CashManagement, AML Guidelines, Agency Management, IRDA Guideline and Legal Compliance. The majorevaluation pertaining to Operations, Finance & Administration, Underwriting, Information security. It consistprocess review & giving recommendation for the Risk Areas.

Inventory Funding, Stock Audit & Unit Inspection: (ICICI Bank) was engaged in Calculation of Drawing

Power on monthly basis, Quarterly/ half yearly information analysis on the individual customers, quarterlySite/Unit inspection and analysis of all Corporate and Individual Customers. This process consist AnnualStock Audit of Corporate and Individual Customers, Search report with Registrar of Companies, Scrutiny ofgeneral ledger, Scrutiny of debtors ledger and creditors ledger, Stock valuation, Stocktaking, Checking ofFixed Assets schedule.

Inventory Funding Audit of two wheelers and three wheelers of TVS Motors, Hero Honda Motors and BajajDealers.

Internal Audit: (Reliance Energy Limited.) The exercise involved Process Mapping, Risk Identification,Setting up Key Control Standards and verification of controls of various business processes of the company.It involves process review & documentation of Statutory Compliance, Power procurement, Vendor payments,billing process. This process having activity of Scheduling, planning, implementation and reporting.

(Mudra Communication, Dawanday Financial Services & Whistling Woods International): was engagedin process review, payment process, Evaluation of computation & payment of taxes (TDS, FBT,ST,VAT),Scrutiny of Creditors ledgers, Loan & advances, Scrutiny of bank Payments.

IDBI Bank Limited, Mumbai

Financial Consultant Dec-04 to Nov-05

Verification of documents of NRE, NRO, Saving & Current Account.

Setting up meetings with clients, explaining details of products so that clients can make informed choices.

Keeping clients regularly updated about their investments

Keeping up to date with new products and changes in the law.

Researching financial products

Negotiating with providers of financial products.

Shriram Transport Finance Co. Limited, Mumbai

Commercial Officer July-01 to July-04

Handling the team of four people. Monitoring all the operational activity at branch level. The Activity consistMonthly Cash & Bank Reconciliation (CRS & BRS) at Branch level (HP & FD only),Reconciliation of otherbooks of accounts, Quarterly Preparation & Presentation of Schedules/Ledgers for Audit Purpose, MonthlyPreparation of MIS Reports to review the performance of Branches & Field Officers in respective months,Calculation of Foreclosure figures of various HP & SL Agreements as per requirements of Customers.

The work areas include Co-ordination with EDP department to develop or modify software so as to fulfil theneeds at branch level for Accounting Transaction

Responsible to check Legal Documents like RC Book, Insurance Policy, NOC by RTO and Form-35 & 22.

Also Keep track of insurance of the entire hypothecated Vehicle.


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Other Achievements

Certification of EDGE Auditor (Every Day Great Execution) from Hindustan unilever Limited.

Trained of ISO for compliance audit requirements

Actively participated in training for the Communication Skills & Presentation Skills held in BDO India.

Computer Proficiency

Complete Knowledge of MS office , Windows and Internet

Have worked on Accounting & Back office Software such as PROBOS , Lotus notes, Mboss , Tally , EX ,SAP , MMS , OPERA etc.

Operational awareness of ERP Financial package Oracle 11i (Fixed Assets Module, Accounts PayableModule, Inventory Module, Purchase Module & General Ledger Module).

Languages

English, Hindi, Marathi and Gujarati