Amit Patel
Director Internal Controls & Business Process Management: Expertise in SOX, COSO, ITGC, COBIT, RPA, ELC, automation, process redesign, change management, project lifecycle, regulation, process and continous improvement.
- Role
- Director Internal Control and Business Process Management at Hormel Foods
- Location
- Naperville, IL, US
- LinkedIn followers
- 500 followers
About Amit Patel
Key Accomplishments in past 15yearsCOE around controls • Centralizing local controls into Global Business Service environment.• Driving 20% reduction in Global Control footprint, while ensuring optimal risk to control coverage.• Identifying and remediation control gaps to address external auditors concerns for the enterprise. • Understanding ERP configuration/ITGC and building control framework to be tested centrally.• Training employees and the organization in identifying controls, building documentation and performing SOX testing.• Leading consultation project for enterprise on control footprint by major value stream. Cost Savings • Improving tax position in a bureaucratic Indian regulation environment (resulting in refund from Tax authorities in India for multiple years)• Setting up Export Oriented Unit for R&D operation in Nalco India (resulted in US$ 500k + saving for the company)(20••••11)• Driving cost avoidance by having external auditor rely on company’s internal testing ($200k/Yr).Project • Improving tax position in a bureaucratic Indian regulation environment (resulting in refund from Tax authorities in India for multiple years)• Designing and Leading Implementation of Global Supply Chain P&L for supply Chain Leader.• Overseeing implementation of ERP (Legacy ERP) and Expense reporting tool (concur) while in India. Operational Efficiencies • Improving FCF (e.g. reduction in DSO from 167 days December 2007 to 86 days December 2010)• Energized the same number of resources to delivery 30% more productivity compare to their prior year results.
Experience
Director Internal Control and Business Process Management
Dec 2024 — Present · Naperville, IL, US
Education
Indian School of Business
MBA, International Business/ Finance
2008 — 2010
DePaul University
BS, Finance
2001 — 2003
Skills
- Management
- Global Perspective
- Sarbanes-Oxley Act
- People Management
- Leadership
- Financial Analysis
- Mergers & Acquisitions
- Cross-Functional Team Leadership
- Development of People
- Bilingual
- Creative Problem Solving
- Glocal (Global Vision with Local Thinking)
- Analysis
- Sarbanes-Oxley
- Auditing
- People Development
- Finance
- Internal Audit
Find verified contacts for anyone on LinkedIn
Unifers gives sales teams verified emails and direct dials, enriched profiles, and outreach that lands in the inbox.
Free plan included · No credit card required
This profile is compiled from publicly available professional sources. Unifers is not affiliated with or endorsed by LinkedIn. Request removal of this profile.