Vamsikrishna K

About Vamsikrishna K

With over 7 years of experience in Auditing & assurance, risk management, I have a strong track record in enhancing financial and operational processes.At my previous (Big 4 audit firm) and current organizations (US based listed Company), I led multiple internal audits, identified control gaps, implemented internal controls and suggested improvement areas resulting in increased efficiency and reduced risk. My special skill set involves strategic planning of audits, understanding different business processes, close coordination with business teams, use of data analysis, and team leadership.Further, I have successfully implemented “Audit process quality” to comply and align with new Global IIA standards 2025.

Experience

1. Senior Internal Auditor, Global Internal Audit Function

   IFF

   Oct 2021 — Present · Hyderabad, IN

   Planning and carrying out various operational and financial audits, risk based audits covering different scope and objectives as per the organization\'s IA Charter and Global IIA Standards.• Conducting risk assessments to identify What Could Go Wrongs and establishing risk mitigating controls and implementation thereof, to manage risk and improve processes & Systems.• Designing test procedures to maintain an effective internal control environment and ensuring compliance with applicable accounting policies and other regulations such as SOX 404, ICoFR etc.• Performing walkthroughs and mapping/flowcharts of key processes, Planning and monitoring various audit assignments, reporting of findings and subsequent remediation of reported observations as per the agreed management action plans.• Preparing and presenting formal audit reports to local and senior management followed by tracking the issue remediation process.• Test the Design & operating effectiveness of SOX controls and coordinating with external auditors (US Big 4 audit firm and its Component auditors of different countries) and support for smooth external audit process• Conduct quality assessment reviews and assist the Group Head of Internal Audit in the Quality Assurance and Improvement Program (QAIP) in line with IIA standards• Strong understanding of COSO principles of internal control, the Sarbanes-Oxley Act, and major financial and operational processes. Understanding of internal auditing standards, Internal Control Over Financial Reporting (ICFR), COSO, Control Objectives for Information and Related Technologies (COBIT) and risk assessment practices• Working experience of centralized business processes and controls operating from Global shared service center such as R2R, P2P, O2C cycles, Tax Controls etc

Education

• The Institute of Chartered Accountants of India

  CA

  2012 — 2017