Mithali Warang

• Organize, lead, and perform operational audits and ensure timely completion of all activities
• Track open audit findings and liaise with stakeholders
• Verify closure of audit findings and maintain related documentation in organized manner
• Actively involved in performing Audits of APAC regions.

Audits Handled during tenure

1. Travel management & employee expense claim in concur system.

2. Plant Audit to ensure plant operations, labour law compliances, HR & legal compliances are functioning properly.

• Broad responsibilities include Assessment of Revenue Contracts for identifying Performance Obligations for Revenue recognition as per IFRS 15
• Creating data base of the same and review of the actual vs planned revenue and direct cost and analysis of the variance between the Planned vs Actual with reasons for the same
• Validation of Revenue, Advance Revenue, Deferred Revenue, and timely closing monthly books
• Preparing Revenue MIS
• Liaise with Auditors and Support Quarterly and Annual Financial Audits
• Engaged in S4HANA implementation related activities.

• Review of existing processes, controls and performing period testing of key controls in each process
• Providing inputs for improvements of internal control systems, possibility of automation, process improvement, fraud detection, avenues for cost savings and profit maximization
• Documentations of Risk Control Matrix (RCM), SOPs and Internal Financial Controls and Preparation of audit work papers detailing the audit findings and recommendations
• Performing timely follow-up of critical recommendations and management responses

Audits handled during tenure

1. Accounts payable process

2. New product Introduction process

3. Service Delivery process

4. Onsite Audit at Srilanka TCL. Process review from order to cash , purchase to pay.

• Assisting in scoping and planning of risk-based internal audits
• Understanding the audit areas and processes
• Conducting internal audits of operational, financial, and compliance areas
• Testing of controls and preparation of work papers and documentation
• Identifying process gaps & improvement areas and drafting the report with implication and recommendation
• Coordinating with the audit team and the auditees & follow-up of the management response and action plan
• Consolidating the material observations and process improvements based on the risk perception, and preparing quarterly presentation to the audit committee
• Audits handled during tenure

1. Employee expense reimbursement audit

2. Legal compliance audit as per companies Act, 2013

3. Petty cash and admin expenses recovery Audit

4. Physical verification of fixed assets across all locations of company

5. Transport audit & physical verification of transport vehicles

6. Certification expense eligibility with reimbursement review

7. Quarterly SOX compliances review in areas such as revenue, payroll, capex, fixed Assets