Pavan Meda

Senior Audit Controller @Otis Elevator Co.

Responsible for end-to-end audit oversight from audit planning till implementation of actionable items such as annual risk-based plan, field work, reporting and follow up • Conduct Test of Design and Controls along with reviewing and evaluation adequacy of Internal Controls to comply with company policies and procedures • Testing of Internal Financial Controls (IFC) and assisting HO for periodic updating of Risk Control Matrix • Monitor the changes in COSO framework to align the same with SOX testing • Played a pivotal role in assisting external auditors during statutory audits • Identify and clearly define audit issues and root causes along with drafting of Internal Audit reports and present them to the Head – Internal Audit and management team • Formulation of Audit Work Papers encapsulating the entire audit plan, recommendations, and findings to support audit conclusions as a part of Remediation Testing • Leading meetings with auditees to understand all internal business processes • Responsible for periodic updating of SOPs based on discussions with process owners • Audit committee reporting, SEC Reporting for SOX 302 and 404 • Execute SOX testing, Key Reports testing, prepare work programs and document Tests of Controls • Performed substantive testing including audit walkthroughs, request information from process owners, document process flows and collection of test evidence • Perform any other assignment / investigation as required by management on a need basis Achievements: • Collaborated with senior management to identify and implement process improvements that increased effectiveness of Internal Controls, resulting in a 40% decrease in control deficiencies • Won Gold Award for 3 times in a row for rendering support for external audit activities resulting in timely completion of the audit and unqualified opinion of financial statements