CA HEMANTA PATNAIK

Mobile: +91-97312 05533|E-mail: cahp1989@[Link] | Location: Hennur, Bangalore

LinkedIn Profile: [Link]/in/cahemantapatnaik

Internal Controls | Sarbanes Oxley Compliance (SOX) |Internal Audit | Operational Risk Management

Seasoned highly committed finance professional with distinguished career spanning over 11 years of post-qualification experience in
SOX compliance, Risk Based Internal Audit including reporting experience to the Audit Committee of listed company. In-depth
experience across areas of Procure to Pay, Order to Cash, Record to Report, Fixed Assets, Manufacturing Operations, Inventory and
Revenue Assurance. Expertise in improving financial and operational practices by evaluating selected sample work and management
systems, creating corrective action plans, and providing change recommendations. Experience of leading and executing overseas audits
as part of a global internal audit team. An effective communicator with good presentation skills, strong analytical, problem solving and
organizational abilities.

CORE SKILLS
Internal Audit SOC/ISAE 3000/3402 Team Management
SOX / ICFR/IFC ITGC/ITAC Audit Committee Reporting
COSO Framework Manual Controls Management Consulting

CAREER HIGHLIGHT
. Recognized with 4 Assurance awards (Weaver of client success stories, Extra miler, Spot Award and Assurance Luminary) at PwC
for exceptional contribution in executing critical engagements and driving new business opportunities
. Awarded with Individual Excellence Award at General Motors for implementing new approach for SOX testing and setting up
Information Lifecycle Management review process.

PROFESSIONAL EXPERIENCE
PwC SDC Kolkata| Since Dec 2021
Manager III-Digital Assurance and Transparency Bangalore
. Managing a team of 6 members directly and client portfolio of 8000 hours as part of PwC Stakeholder assurance service
. Exposure to controls environment of various clients and industries such as Asset and wealth management, Banking and Financial
Services, Insurance, and manufacturing.
. Experienced in leading the engagements across multiple territories from UK, Belgium, Luxembourg, and Canada
. Experienced in conducting audit of service organizations (SSAE) as per ISAE 3402 and ISAE 3000, ITGC and Manual controls testing
for SoX engagements of various clients into manufacturing and financial services.
. Successfully Onboarded services for Belgium to PwC Service Delivery Centre
. Liaised with territory PMO for onboarding new services and as part of transition to Remote team member (RTM) model from
Activity based model.
. Acted as coach/relationship leader for the team members, involved in performance management and appraisals
. Prepared monitoring dashboards for engagement administration
. Imparted trainings related to SoX, SoC, COSO, Manual controls and ITGCs as a certified Train the Trainer (TTT) Manager at PwC
. Involved in new hirings as an

3M INDIA LIMITED (NYSE: MMM) | May2019 till June 2021

Corporate Audit Senior Specialist Bangalore
. Operated as India Audit Lead of 3M India listed subsidiary with direct reporting to Audit committee and APAC Audit Manager
. Prepared and presented the annual audit plan to the India Management and Audit Committee
. Presented quarterly and annual internal audit status update to the Board of Directors and Audit Committee for the India as per the
Companies Act
. Led internal audits in the areas of Manufacturing and Supply chain, Taxation, Sales and Marketing, Finance, Compliance, Corporate
Social Responsibility, Post Acquisition Assessment, Human Resource and Organization realignment.
. Liaised with external auditors as part of the pre-board meeting reviews
. Engaged with the India Leadership team in transitioning PTP, OTC and RTR controls to Global Shared Service Philippines as well as
implementation of related controls
. Provided counselling to the process owners and IT team in setting up application and manual controls during role out of new
applications to support various business processes.
. Identified frauds in the areas of Human resource and payroll payments amounting to INR 4 million.
. Assessed ToD and ToE of SOX (manual, application and ITGC) and Internal Financial Controls (IFC) including follow up for
remediation plan closure
. Coaching and mentoring junior auditors in various aspects related to audit, SOX control assessment and documentation

CONDUENT BUSINESS SERVICES (NASDAQ: CNDT) | Dec 2017 till May 2019
Manager-Global Internal Controls Bangalore
. Internal Controls Manager responsible for the design and implementation of Global SOX controls at India Shared Service and legal
entity
. Responsible for leading the control walkthrough and testing performed by India internal controls team including review of work
papers, deficiency identification and remediation plan monitoring.
. Prepared and presented control testing results and dashboards to Internal controls management and CAE based out of US
. Performed control rationalization for various processes and reduced number of Key SOX controls by leveraging related application
controls and ITGCs.
. Led discussions related to control reliance strategy and testing to minimize external audit hours
. Recommended process improvements for PTP, OTC and RTR process migrating to India Shared Service
. Reviewed global PTP accrual threshold to reduce the non-accrued invoices to below materiality threshold
. Tested Application controls and IT General controls as part of SOX testing
. Led India site audit and identified gaps in the areas of employee hiring, procurement and expense reimbursement.
. Reviewed vendor contracts for India and recommended improvements for better risk management and process efficiency
. Interviewed prospective candidates for internal control and SOX roles and imparted training on various topics related to internal
controls, SOX, COSO, ICFR, ITGC, application controls and IPE.

JUNIPER NETWORKS INDIA PRIVATE LIMITED (NYSE: JNPR) | Jun2015 till Nov 2017
Senior Internal Auditor Bangalore
Sarbanes Oxley (SOX) Review:
. Directed process walkthroughs and control testing; evaluated the design and operating effectiveness of controls.
. Recommended action plans for deficiencies identified during SOX testing and followed up for implementation.
. Assisted management in leveraging global SOX control framework for IFC to comply with The Companies Act, 2013.
. Liaised with external auditors and SOX PMO to run SOX scoping for worldwide controls.
Internal Audit:
. Led and executed internal audits of various corporate functions/processes such as Contract manufacturing, Contingent workforce
management, Worldwide Commissions, Marketing development fund, and Channel audits.
. Audited the largest contract manufacturer for Juniper Networks based out of China and identified risks in areas of contract
compliance and vendor reimbursements, procurement, inventory management, grey marketing, physical and logical access
. Experienced in handling integrated audits including Planning, Risk Assessment, Fieldwork and Reporting
. Utilized data analytics to derive meaningful inputs and recommendations for management
. Followed up with action owners for timely closure of audit recommendation
. Published monthly performance indicators to CAE including project status, resource allocation and utilization, budget, open
recommendations, and training hours
. Gathered inputs from Senior Leaders and Process owners to support annual risk assessment

GENERAL MOTORS TECHNICAL CARE INDIA PRIVATE LIMITED (NYSE: GM) | Jul2013 till Jun 2015
Deputy Manager – Internal Controls Bangalore
. Performed ToD and ToE of SOX controls for APAC and EMEA region
. Saved approximately 10 hours testing time per control by initiating centre level testing instead of business unit wise testing.
. Developed a process for annual information life cycle compliance at GBS India centre for physical and electronic records.
. Created a bank access management policy for new access creation and deletion to ensure access control.
. Performed user access review for various GM applications such as SAP, ODM, banking applications, and GMIDs.
. Monitored internal audit (transaction, disbursement, expense report and master data) activities performed by Xerox audit team
including review and analysis of weekly reports to streamline audit findings of repetitive nature.
. Directed EUCA Inventory maintenance and quarterly testing to comply with GM policy related to Spread sheets
. Validated root cause analysis, preventive, detective controls to remediate transactional errors at Shared Service
. Validated process risks and implementing controls for newly migrated process at GBS
. Monitored compliance related to Information life cycle management (ILM-GM Record retention) by way of audit and training.

XEROX BUSINESS SERVICES, CLIENT- GENERAL MOTORS | Dec2012 till Jun 2013
Supervisor- APAC Internal Controls Bangalore
. Engaged in SOX control testing, walkthrough documentation and sample testing, deficiency identification, drafting action plans for
deficiency identified during walkthrough interviews.
. Created and trained employees about End User Computing Applications policy for the Shared Service Centre
. Developed an incident report governance model for systematic closure of incidents and to meet SLAs.
. Revisited all internal control activities that Xerox performed for GMIO region and created/updated process documentation.
. User access review for various applications such as SAP, ODM, banking applications, and GMIDs.
. Assessed controls for newly migrated processes to identify possible internal control deficiencies during transition.

EDUCATION
Chartered Accountancy - Final | 2012 Chartered Accountancy - PCC | 2010
Institute of Chartered Accountants of India Institute of Chartered Accountants of India

Bachelor of Commerce (Correspondence) | 2010

University of Madras

TECHNICAL SKILLS
 SAP Oracle JD Edwards  Audit Board
 Metric Stream Archer  Data Snipper
IBM Open Pages  Microsoft Office (Excel, Word, PPT & Visio) Power BI
ADDITIONAL INFORMATION
Languages known : English, Hindi, Odia, Telugu, and Tamil
Passport & Visa : M6435312 (US B1/B2 Visa)