Amit R.

Chavan Contact
Tel:+91-9820891102/0251-2491493
email:amitchavan.7@gmail.com

Citizenship : Indian ▪ Date of birth : 28th May 1981

Address
 24/26,Shrikalpa CHS , Everest Colony, Vishnunagar , Dombivli (West), Thane 421202, INDIA

Profile
Objective Seeking a Middle management position within the Operations, Compliance, Internal Control &
Audit Division in the financial services industry, utilizing over 8 years of demonstrated success and
accomplishment, an experienced manager and effectual leader with a strong ability to manage
projects from conception through to successful completion, with a focus on compliance reporting,
Internal control, composing and implementing procedures, in depth internal examinations and staff
supervision.

Education
2007 Post Graduate Diploma in Business Administration (Financial Management)Securing 64%
Symbiosis Centre of Distance Learning, Pune.
2001 Passed T.Y.B.Com exams held by University of Mumbai.
Model College of Commerce, Thane.
1996 Passed SSC exams held by Maharashtra State Board securing 62% marks
SVVM HIGH SCHOOL, Thane

Work Experience
BDO India Consultancy Private Limited. Mumbai
Team Leader – Risk Advisory Division Since Dec-05
Areas of Expertise
 Risk & compliance Review
 Operational review
 Internal Audit
 System, Control & Process Review

Industry Expertise
 Insurance
 Bank & NBFC
 FMCG
 Telecom
 Energy
 Advertising

Major Client Handled/Served

 Reliance Energy Limited.
 Max New York Life Insurance Co. Ltd.
 Bajaj Alianz Life Insurance Co. Ltd.
 ICICI Bank Ltd.
 Vodafone
  Hindustan Unilever Ltd.
 Mudra Communication & Whistling Woods International
 Dawnaday Financial Services.

Professional Experience
Over 4 years of experience with Risk Advisory Division of BDO India. • Playing a leadership role in planning,
resource allocation implementation and reporting in various assignment of Banks, Infrastructure, Financial
Institution, FMCG, Telecom & Insurance co. Work experience includes specialisation in Risk, Compliance &
operational Reviews of insurance co. & areas of financial Services, Compliance based Operational reviews,
business process reviews & internal audits.
 Risk & Compliance review: (Max New York Life Insurance Co. Ltd. & Bajaj Allianz Life Insurance Co.
Ltd.):. It consist team handling & coordinating with associates on PAN India basis. This process having
evaluation of total branch operations and compliance issues. The key areas for the analysis are Cash
Management, AML Guidelines, Agency Management, IRDA Guideline and Legal Compliance. The major
evaluation pertaining to Operations, Finance & Administration, Underwriting, Information security. It consist
process review & giving recommendation for the Risk Areas.
 Inventory Funding, Stock Audit & Unit Inspection: (ICICI Bank) was engaged in Calculation of Drawing
Power on monthly basis, Quarterly/ half yearly information analysis on the individual customers, quarterly
Site/Unit inspection and analysis of all Corporate and Individual Customers. This process consist Annual
Stock Audit of Corporate and Individual Customers, Search report with Registrar of Companies, Scrutiny of
general ledger, Scrutiny of debtor’s ledger and creditors ledger, Stock valuation, Stocktaking, Checking of
Fixed Assets schedule.
Inventory Funding Audit of two wheelers and three wheelers of TVS Motors, Hero Honda Motors and Bajaj
Dealers.
 Internal Audit: (Reliance Energy Limited.) The exercise involved Process Mapping, Risk Identification,
Setting up Key Control Standards and verification of controls of various business processes of the company.
It involves process review & documentation of Statutory Compliance, Power procurement, Vendor payments,
billing process. This process having activity of Scheduling, planning, implementation and reporting.
(Mudra Communication, Dawanday Financial Services & Whistling Woods International): was engaged
in process review, payment process, Evaluation of computation & payment of taxes (TDS, FBT,ST,VAT),
Scrutiny of Creditors ledgers, Loan & advances, Scrutiny of bank Payments.

IDBI Bank Limited, Mumbai

Financial Consultant Dec-04 to Nov-05
 Verification of documents of NRE, NRO, Saving & Current Account.
 Setting up meetings with clients, explaining details of products so that clients can make informed choices.
 Keeping clients regularly updated about their investments
 Keeping up to date with new products and changes in the law.
 Researching financial products
 Negotiating with providers of financial products.
Shriram Transport Finance Co. Limited, Mumbai
Commercial Officer July-01 to July-04
 Handling the team of four people. Monitoring all the operational activity at branch level. The Activity consist
Monthly Cash & Bank Reconciliation (CRS & BRS) at Branch level (HP & FD only),Reconciliation of other
books of accounts, Quarterly Preparation & Presentation of Schedules/Ledgers for Audit Purpose, Monthly
Preparation of MIS Reports to review the performance of Branches & Field Officers in respective months,
Calculation of Foreclosure figures of various HP & SL Agreements as per requirements of Customers.
 The work areas include Co-ordination with EDP department to develop or modify software so as to fulfil the
needs at branch level for Accounting Transaction
 Responsible to check Legal Documents like RC Book, Insurance Policy, NOC by RTO and Form-35 & 22.
Also Keep track of insurance of the entire hypothecated Vehicle.
Other Achievements
 Certification of EDGE Auditor (Every Day Great Execution) from Hindustan unilever Limited.
 Trained of ISO for compliance audit requirements
 Actively participated in training for the Communication Skills & Presentation Skills held in BDO India.

Computer Proficiency
 Complete Knowledge of MS office , Windows and Internet
 Have worked on Accounting & Back office Software – such as PROBOS , Lotus notes, Mboss , Tally , EX ,
SAP , MMS , OPERA etc.
 Operational awareness of ERP Financial package Oracle 11i (Fixed Assets Module, Accounts Payable
Module, Inventory Module, Purchase Module & General Ledger Module).

Languages
 English, Hindi, Marathi and Gujarati