Varun Mathur
Piscataway
Summary
Seasoned audit professional with more than 13 years of experience specializing in SOX compliance, GRC, internal audit, risk management, financial compliance, and data analytics. Demonstrated expertise in various business processes, including Requisition to Pay, Order to Cash, Record to Report, and Fixed Assets. Known for strong analytical capabilities and effective communication skills
Overview
16
16
years of professional experience
Work History
Senior Manager-Financial Compliance Corporate & NA
Kenvue Inc
Summit
03.2023 - Current
- Advised business process owners on control requirements, enhancing execution across various workstreams.
- Created and maintained strong internal control environment for North America legal entities.
- Oversaw remediation action plans for SOX and external audit observations.
- Collaborated with management to standardize key controls, improving compliance and process efficiency.
- Executed due diligence reviews for successful transition of key control activities to EBS.
- Partnered with global process owners to review business processes and control documentation for One4 & Fit2 projects.
- Ensured system and process readiness prior to R1 and R2 releases.
- Participated in global compliance initiatives, ensuring consistency in controls across teams.
Associate Director, Novartis Gene Therapies FC&C
Novartis Pharmaceuticals
01.2019 - 02.2023
- Leading the financial controls & compliance function for $1 bn revenue division Novartis Gene Therapies
- Directed compliance activities under Novartis Financial Controls Manual (NFCM) Internal Audit, ensuring satisfaction of external auditors for Division's year-end assertions on financial controls
- Lead the process of ensuring that all relevant controls as defined under the NFCM are identified, implemented, evidenced and remediated as necessary to ensure compliance for the year
- Directed activities to establish and maintain effective controls in accordance with the Novartis Financial Controls Manual.
- Identified, implemented, tested, and remediated all key controls under SOX for the annual attestation by the CFO and CEO.
- Conducted IT risk and control assessments, including ITGC controls for ERP and finance tools, to support effective risk management
- Reviewed and validated SOC 1 reports of business service providers to ensure alignment with compliance standards
Manager, US FC&C, Hyderabad COE
Novartis Healthcare Pvt. Ltd.
Hyderabad
01.2017 - 12.2018
- Deliver and maintain high quality, relevant and timely management of internal controls over financial reporting (including Walkthroughs/Control Assessment/CLC/SOD Matrix, Testing in TP1 and TP2, SOX 404 Attestations)
- Built strong relationships and provided transparent reporting to instill confidence in the NFCM Governance Board and US FSC Leadership Team, facilitating successful SOX 404 signoffs from LE CEO and CFO
- Supported control owners in developing robust remediation plans and monitored progress to ensure timely resolution of control deficiencies
- Partnered with business functions to enhance existing processes, driving improvements in operational effectiveness and compliance
- Track IA and FCCR action items, including accurate and timely resolution of agreed actions.
- Coordinated with Genpact to establish an adequate control environment.
Senior Financial Analyst, FC&C Hyderabad COE
Novartis Healthcare Pvt. Ltd.
Hyderabad
06.2015 - 12.2016
- Led execution of data analytics and dashboards for presentation to MENA compliance committee and subsequent circulation to MENA countries
- Delivered compliance monitoring dashboards (I&C) for areas like sample distribution, HCP payments, T&E testing, and NP4 submissions for Middle East & North Africa (MENA) Cluster.
- Updated the remediation tracker regularly and informed the MENA compliance team
- Led a team of 6 members for Hyderabad NGSC FCCR in 2016 covering BSR, T&E and HR process
- Provided remediation support for NFCM issues and critical SOD risks in Portugal and Slovakia
- Conducted self-assessment of NFCM controls for both FSC and local entity operations in Portugal
Assistant Finance Manager, Access Risk Management Team
Dr. Reddys Laboratories Ltd.
Hyderabad
09.2013 - 06.2015
- Conducted risk analysis and remediation for user and role levels for all DRL users
- Managed and drove the end-to-end segregation of duties process in the SAP GRC tool.
- Confirmed inclusion of all appropriate custom Tcodes in SAP GRC risk library
- Coordinating internal/external audits, SOX audits ensuring compliance
- Led business process improvement projects to enhance process effectiveness and efficiency
SOX Consultant and Team Lead
Capgemini Business Services India Limited
Bangalore
10.2010 - 08.2013
- Conducted Sarbanes-Oxley assessments of controls to evaluate design and operating effectiveness
- Identified controls to mitigate risks and highlighted design deficiencies
- Tested key controls using statistical sampling methods and identified operating deficiencies
- Review and mapping of processes that impact the financial statements and related disclosures therein
- Performing structured walkthrough of business processes
Education
Chartered Accountancy -
Institute of Chartered Accountant of India
India01-2010
Master of Accountancy -
Jai Narayan Vyas University
Jodhpur, India01-2009
Bachelor of Accounting - Accounting
Jai Narayan Vyas University
Jodhpur, India01-2007
Certified Internal Auditor (In Progress) -
Institute of Internal Auditors
03-2026
Skills
- Financial Compliance
- Internal Controls
- Risk Assessment
- Project Compliance
- Stakeholder Engagement
- Process Improvement
- Regulatory Compliance
Languages
English
Hindi
Personal Information
- Passport Number: R5963323
- Date of Birth: 12/09/86
- Marital Status: Married
Timeline
Senior Manager-Financial Compliance Corporate & NA
Kenvue Inc
03.2023 - Current
Associate Director, Novartis Gene Therapies FC&C
Novartis Pharmaceuticals
01.2019 - 02.2023
Manager, US FC&C, Hyderabad COE
Novartis Healthcare Pvt. Ltd.
01.2017 - 12.2018
Senior Financial Analyst, FC&C Hyderabad COE
Novartis Healthcare Pvt. Ltd.
06.2015 - 12.2016
Assistant Finance Manager, Access Risk Management Team
Dr. Reddys Laboratories Ltd.
09.2013 - 06.2015
SOX Consultant and Team Lead
Capgemini Business Services India Limited
10.2010 - 08.2013
Chartered Accountancy -
Institute of Chartered Accountant of India
Master of Accountancy -
Jai Narayan Vyas University
Bachelor of Accounting - Accounting
Jai Narayan Vyas University
Certified Internal Auditor (In Progress) -
Institute of Internal Auditors