Umasankar Panneerselvam
Building tech driven Internal Audit function
- Role
- Director - Internal Audit at 伟创力
- Location
- Hyderabad, TG, IN
- LinkedIn followers
- 500 followers
About Umasankar Panneerselvam
After graduating from college in 2006, I began my professional career in a small city. I still remember my first interview with my then-boss, who asked me what I wanted to specialize in. She gave me three options: Internal Audit, Information Systems Audit, and Statutory Audit. Honestly, I had no clue what to answer and asked her for suggestions, and on the same day, I laid the foundation for becoming an Internal Auditor. I learned the nuances of Internal Audit with the support of excellent leaders. I still remember the role plays, group activities, and weekly training sessions which helped me become a better professional. My experience has helped organizations identify gaps in their business processes and implement best practices to mitigate risks and save money. Things that keep me motivated are challenges and complex situations. It is extremely important for me to learn new things and I have been fortunate to have adequate time to prepare and achieve a few certifications and qualifications; thanks to the support of my family and management. One of my most challenging recent tasks was setting up an Audit Analytics team in my current organization, developing talent, and transforming activities into sustainable processes using advanced tools and techniques. This team is now an integral part of the entire audit life cycle (Annual planning, risk assessment until action plan follow-up) and actively contributes to the success of internal audit reviews. I am lucky to have a mind that does well (so far) in dissecting technology, business processes, risk, and control of any complex business problem. This helps me to connect the dots and communicate effectively with the senior management.If there is something which I would love to do all my time, it is coach or train young minds; it gives immense pleasure and, in the process, I get to sharpen my thoughts too. My specializations are listed below- Risk-based Internal Audit- Agile Audits- SOX- Risk Management- Audit Analytics - ITGC
Experience
Director - Internal Audit
Feb 2021 — Present · Chennai, IN
Lead a team of data specialists which supports the global audit analytics function • Drive the Continuous Audit initiatives across the organization • Present appropriate insights in the leadership meetings to discuss and finalize the strategic priorities including the Annual Audit Plan• Devise the data analytics plan, strategy, and road map for the data team• Hire, nurture and train a team of data professionals to perform Audit Analytics• Collaborate with senior stakeholders and obtain consensus for the Continuous Audit and data analytics initiatives • Create awareness and increase the data literacy among the internal audit team • Provide specialist data support for the high priority investigations carried out by external/ internal investigators across the organization• Mentor people to enable mentees explore learning opportunities, develop, and grow in their career • Identify opportunities for improving efficiencies in internal audit process and automate using analytics tools• Partner with the Management to expand the Continuous monitoring efforts
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