Prachi Chandak
H4 EAD | Jersey City
Summary
A qualified Chartered Accountant and a seasoned audit and assurance professional with over 8 years of experience in risk-based auditing, SOX compliance testing, and enterprise risk management, specializing in the development of internal control frameworks and control monitoring, demonstrating robust business acumen across diverse industries. Proven track record of implementing effective process improvements, providing strategic recommendations, and fostering cross-functional collaboration.
Overview
8
8
years of professional experience
Work History
Audit Lead/Assistant Manager, Operational Audit
Hewlett Packard Enterprise
Bangalore
02.2019 - 02.2021
- Led a team of 6 to 8 auditors and conducted high-impact, risk-based audits across business units and geographies, while working with cross-functional teams.
- Owned end-to-end risk assessments, developed audit scopes, and planned test programs based on organizational and regulatory requirements.
- Identified potential audit and accounting issues through substantive and analytical audit procedures, and quantification of material misstatements.
- Prepared formal reports summarizing audit findings for senior management review, and to align on recommended risk mitigation plan.
- Coordinated the preparation of audit work papers with team members to document the results of testing procedures performed.
- Analyzed key performance indicators to identify effective strategies.
- Provided training and mentorship to junior team members on various aspects of auditing techniques.
Senior Associate/Associate, Risk & Assurance
Singhvi, Dev & Unni (SDU)
Bangalore, India
09.2012 - 01.2019
- Performed the Internal Audit function for (a) manufacturing companies across sectors such as pharmaceuticals, automobile parts, textiles, etc., and (b) service companies like health, travel solutions, etc. (c) IT and ITES companies.
- Executed financial (SOX compliance) and operational audits across business processes (Q2C, P2P, C&C, etc.) for the identification and assessment of risks, recommend solutions and track implementation of corrective actions.
- Drove advisory engagements to analyze complex business processes, and developed process flowcharts (MS Visio) and Statements of Procedures (SOP).
- Performed a test of internal financial controls (IFC) and prepared a risk and control matrix (RCM) for financial processes.
- Reported and presented the audit report to the management and audit committee.
- Managed team resources, including assigning tasks, monitoring progress, mentoring junior associates, and ensuring deadlines were met.
- Managed relationships with clients to foster collaboration and project support.
Chartered Accountant
R. Bose & Associates
Siliguri
05.2015 - 10.2016
- Performed an internal audit for a wholesale dealer.
- Statutory audits of companies registered under the Companies Act of the Kingdom of Bhutan, 2000.
- Prepared financial statements for client review and compliance.
- Provided guidance on financial reporting and internal controls.
- Engaged and assisted in managing statutory audits including review and preparation of standalone and consolidated financial
statements under Indian GAAP, Ind AS and IFRS.
Education
CPA -
AICPA
02-2024
Bachelor of Commerce -
India
India07.2010
Chartered Accountant -
India
India05.2012
Executive level -
India
India06.2012
Skills
- Risk-based audit
- Internal control Framework
- SOX compliance testing
- Enterprise risk management
- Risk assessment and mitigation
- Policy/process documentation
- Data mining and analysis
- Project management
- Team leadership
- Interpersonal communication
- Stakeholder management
- Continuous improvement mindset
- Agile methodologies
- Experienced with the MS Office suite, Power BI, MS Visio, Audit Board, Tally, and SAP
Accomplishments
Recognized by HPE leadership for standout contributions in key audits and projects.
Affiliations
Active member of the HPE India Finance ambassador group. Assisted in organizing site events and engagement with members across different finance functions.
Timeline
Audit Lead/Assistant Manager, Operational Audit
Hewlett Packard Enterprise
02.2019 - 02.2021
Chartered Accountant
R. Bose & Associates
05.2015 - 10.2016
Senior Associate/Associate, Risk & Assurance
Singhvi, Dev & Unni (SDU)
09.2012 - 01.2019
CPA -
AICPA
Bachelor of Commerce -
India
Chartered Accountant -
India
Executive level -
India