Olga Chekulaeva

Experience

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  KPMG Russia

  Jun 2000 - Jun 2005

  Senior Auditor, Assurance/Banking department

  • Perform planning, management and control of the audit fieldwork (in-charge/manager responsibilities).• Organization of IAS trainings for audit clients.• Organization of internal KPMG trainings (Banking specifics) for “new hires”.• Preparation of the KPMG Audit Opinion under Russian Accountant Standards (RAS) and International Accounting Standards (IAS).• Performed audit of the following banks’ business areas: treasury operations, corporate/retail lending, tax audit, customer accounts, profit and loss analysis, currency control, ratio analysis.• Performed transformation procedures of RAS financial statements to IAS.• Acted as “in- charge manager” for various audit projects. Show less

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  Deutsche UFG

  Jun 2005 - Aug 2006

  Head of Internal Audit

  • Elaboration and execution of the audit plan, including coverage of Cyprus activities of the company• External audits support (E&Y)• Participation in integration with Deutsche Bank

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  Intesa Sanpaolo Moscow

  Aug 2006 - Sept 2010

  Deputy Head of Internal Audit

  • maintenance of the relationships with ISP audit department• reporting to Audit committee, Board of Directors• elaboration of methodology for internal audit (IA)• organization/conducting of IA trainings• analysis and design of risk map, annual audit plan (together with Audit department)• consultant activities in the Bank’s projects• support in the audit activities of Headoffice auditors, Central Bank inspections, external auditors• 8 employees in direct subordination

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  GE Money Bank Russia

  Sept 2010 - now

  Head of Internal Audit

  1. Leadership• Responsible for developing a vision for the Internal audit function• Development and execution of strategic change within the function2. Senior management interaction• Develop a business partnership with senior management, while maintaining independence• Understand business concerns and risks• Constructive challenge to management on risks and controls• Communication of business risks, audit plans and recommendations• Drive timely closure of all audit recommendations3. Internal Audit Management• Preparation and implementation of Internal audit strategy, risk assessment, internal control environmental assessment• Establish reporting and communication process with Audit Committee and Group senior management (including functional reporting process): provide regular risk assessment of the entity considering environmental and regulatory changes aspects; audit plan execution including participation in global audits, issues follow-up, other external inspections status• Lead and support the communication with relative regulatory authorities• Promote Global audit methodology and best practice into local audit process, ensuring local management and team buy-in• Schedule audit staff in accordance with the annual audit plan and skills set of the available resources4. Audit process• Monitor the progress of the audit against timetable, budget; control audit costs• Review audit work at each stage of the process: planning, risk/control matrix elaboration, fieldwork, reporting• Promote internal audit as consulting function in the business by assessing the embedded internal control mechanisms in the new and under revision processes• Participate in major business initiatives and pro-actively advise and assist the business on change initiatives5. Team development• Develop and maintain motivation program, staff training program• Supervise, develop and coach audit team.6. Extra-curricular activity• Leader for the In-House Charity Program Show less