Sanket Patil

About Sanket Patil

Chartered Accountant (May 2018)(First attempt at all levels).Post qualification experience in IFC/SOX team of insurance company, board/ management reporting and Business Consulting & internal audit practice of EY (TelCo)Consulting:1. Formulated strategy and defined future state technology stack for a joint venture TowerCo in Philippines2. Project Management: Managed a technology transformation project which included implementation of ERP and digital operations enablement systems, for a TowerCo involving stakeholders from different nationalities (Burmese, Bangladeshi, Dutch, Lebanese, British, Pakistanis, Vietnamese & French)3. Worked on an IPO readiness assessment of a TowerCo from South Africa which included assessment of policies, procedures & systems 4. Led engagements for development of Standard Operating Procedures (SOPs) for a TowerCo covering processes such as site rollout, co-location management, tower maintenance, customer management, etc5. Worked with Management to identify opportunities for process improvements and reduction of cost of poor quality expenses / operational losses in an Insurance CompanyInternal Audits and Internal Controls:1. Led Internal Audits and IFC assessment for Manufacturing, Technology and Telecom clients, covering processes such as Procure to Pay, Order to Cash, Production, Inventory management and other financial closing processes. Conducted process reviews, root cause analysis and assessed IFC/SOX control deficiencies 2. Led IFC team in a leading Life Insurance company, responsible for maintenance of internal control framework and effective internal control assessment process. Further, helped business teams to develop and update process documentation including process flowcharts and risk control matrices.3. Driven ad-hoc projects & initiatives to enhance and strengthen Company’s IFC (review controls, Information Produced by Entity - IPE, spreadsheet automation, etc)4. Conducted workshops regarding IFC and SOX compliance for various stakeholders including CXOs, Management Committee members and Department Heads.5. Worked on tax audits, sales tax audits, statutory audits and Bank statutory/concurrent audits.

Experience

1. Manager

   EY

   Apr 2024 — Present · Gurugram, IN

   Manager in Business Consulting Risk (TMT)

Education

• Deogiri College Aurangabad

  HSC, Commerce

• St. John’s High School

  SSC

• The Institute of Chartered Accountants of India

  Chartered Accountant, Accounting and Finance

• Deogiri College Chh. Sambhaji Nagar

  Bachelor of Commerce - BCom, Banking and Insurance