Arun Sundar, ACA

Experience

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  R. G. N. Price & Co.

  Sept 2005 - Sept 2010

  Audit Assistant

  • Led & executed statutory, management & operational audits across Manufacturing, Trading, Insurance, Construction, Service and Logistics industries as well as Bank Audits• Devised, suggested & implemented improvement measures & internal controls by conducting Process Improvements Study, Value Chain Analysis, Break-Even Analysis, Compliance Testing and Control Testing• Performed Audits related to Risk Assurance; developed SOPs and Internal Audit Manuals for companies

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  KPMG India

  Sept 2010 - Dec 2012

  • Worked as Team Leader to execute & finalize statutory & tax audits of different companies across various industries including Manufacturing, Construction, Financial Services, Trading and Service in compliance with IGAAP, IFRS Accounting Standards and Companies Act• Gained experience in complete functions of audit including planning, execution, detailed documentation, reporting, communication and follow-up Statutory Audit wing:The profile encompasses Completion of Statutory audits and tax audits of Companies:1. Audit under Indian GAAP for manufacturing, construction, financial services and service industries. ensuring compliance of Accounting standards and companies act.2. Audit under IFRS- International Financial Reporting Standards reporting to group foreign companies.3. End to end client management.

  • Senior - Audit

    Oct 2011 - Dec 2012

  • Executive-Audit

    Sept 2010 - Sept 2011
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  Landmark Group

  Mar 2013 - Sept 2019

  Senior Manager- Corporate Internal Audit

  • Headed Audit Vertical of Lifestyle & Home Centre and managed Internal Audit & Risk Pan India; consolidated audits and presented the findings to Audit Committee• Managed financial, regulatory & operations risks; mitigated potential risks and advised senior management on the potential risks including fraud risk management• Designed a systematic process for audit scheduling based on a company-wide risk assessment and interaction with senior management with focus on ensuring accomplishment of the department's audit plan and complete audit coverage • Designed, organized and executed audits of Key Risk Areas for Corporate office, Regional offices, Stores & Warehouses across India to ensure robust internal controls, adherence to compliance (statutory & organizational) & safety standards and mitigation of fraud risks• Shared critical findings with senior management after conducting frequent project reviews of all active tasks• Tested controls of ERP-based Environment as well Process Automation Projects• Created, reviewed & modified SOPs for different domains to bring in internal control systems and implement best practices• Recognized enterprise-wide cost efficiencies provided strategic insights to improve business performance as well as key insights to focus on the risks that matter by administering Process Audits across Procurement, Treasury, Taxation, Marketing and Retail Promotions• Developed a system to identify red flags using Audit Command Language (ACL) in coordination with 1st & 2nd level of defence• Worked as a key member of Internal Financial Controls (IFC) Team to test internal controls• Implemented Control Self-Assessment (CSA) Tool across Home Centre stores Pan India along with training retail team & monitoring performance Show less

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  MGC Global Risk Advisory LLP

  Dec 2020 - now

  Associate Partner - Leader of Risk and forensic practice

  I am leading the charge of growing practice of MGC Global Risk Advisory (‘MGC Global’) in South India. Rated as the leading risk advisory services firm in India and one of the ‘top exceptional organizations’ to work for, MGC Global is a member firm of the US$ 4.2 billion, Atlanta headquartered - Allinial Global. MGC Global specializes in providing solutions to its clients in the areas of enterprise wide risk management, control assessments, internal audits, fraud investigations, process re-engineering, governance frameworks, IT risks, GDPR assessments, cyber assessments, VAPT, board evaluations and research. • Heading Risk advisory operations for the southern region involving planning and execution of audits, end to end client management, people management and training. • Led and executed risk advisory assignments, ICFR testing, fraud risk management framework implementation, fraud investigation & forensic audits pre-dominantly covering IT and pharma sectors across India and the US. Show less