Ankur Kirit Shah
Summary
Dynamic Auditor with a demonstrated track record of success in financial auditing, analysis, and reporting. Experienced in evaluating financial records and operations, identifying discrepancies, and proposing solutions. Possesses strong communication, problem-solving, and organizational skills.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Assistant Manager
Life and General
05.2022 - 06.2022
- Audit, Risk Compliance and Fraud, Develop internal audit scope and audit plans – risk based approach and regulatory requirements
- Identify the financial risk of the organization and suggest recommendations to reduce risk
- Identify loopholes and share risk aversion methods and cost savings Engaged in process review, data analysis and branch audits
- Document process and prepare audit findings memorandum
- Prepare and present internal audit reports that reflect audit results and document process and recommended action plan
- Ad hoc investigations into identified or reported risks related to policy holder and financial frauds
- Prepare and present fraud investigation reports
- Imparting accurate and timely audit information to Management and/or Risk Committees
- Preparing agenda item for Risk Management Committee and regularly
- Follow up with stakeholders for implementation on Audit recommendations Coordinating, Monitoring and Follow up of with external audit firm for timely completion of audits
- Manage resources and audit assignments
- Conducting investigations into allegations of fraud, waste or abuse committed by person against our company (excluding technical/ claims frauds)
- Preparing and coordinating field assignments to obtain relevant evidence and information
- Prepare and present fraud investigation reports that reflect results and document process and recommended action plan
- Conducting process review and data analysis
- Prepare a report and present it to management for their action.
Manager
State Bank of India General Insurance Company
08.2016 - 05.2022
- Conducting investigations into allegations of fraud, waste or abuse committed by person against our company (excluding technical/ claims frauds) Reviewing and researching evidence/documents to analyze the overall fact pattern of claim and synthesize data into a professional report with recommendations
- Preparing and coordinating field assignments to obtain relevant evidence and information
- Prepare and present fraud investigation reports that reflect results and document process and recommended action plan
- Conducting process review and data analysis
- Prepare a report and present it to management for their action.
- Accomplished multiple tasks within established timeframes.
Deputy Manager
Universal Sompo General Insurance
02.2013 - 07.2016
- Develop internal audit scope and audit plans – risk based approach and regulatory requirements
- Identify the financial risk of the organization and suggest recommendations to reduce risk
- Identify loopholes and share risk aversion methods and cost savings Engaged in process review, data analysis and branch audits
- Document process and prepare audit findings memorandum
- Prepare and present internal audit reports that reflect audit results and document process and recommended action plan
- Ad hoc investigations into identified or reported risks related to policy holder and financial frauds
- Prepare and present fraud investigation reports
- Imparting accurate and timely audit information to Management and/or Risk Committees
- Preparing agenda item for Risk Management Committee and regularly
- Follow up with stakeholders for implementation on Audit recommendations Coordinating, Monitoring and Follow up of with external audit firm for timely completion of audits
- Manage resources and audit assignments.
Audit Executive
Aneja Associates
01.2011 - 01.2013
- Develop internal audit scope and audit plans – risk based approach and regulatory requirements
- Identify the financial risk of the organization and suggest recommendations to reduce risk
- Identify loopholes and share risk aversion methods and cost savings Engaged in process review, data analysis and branch audits
- Document process and prepare audit findings memorandum
- Prepare and present internal audit reports that reflect audit results and document process and recommended action plan.
Audit Assistant
Sanjay Shah & Associate
06.2004 - 10.2009
- Account Writing and finalization Service Tax working
- Develop the forecasting models (P&L, Balance Sheet and Cash flow) Assist in preparation of stock report.
- Physical Stock Verification and Valuation
- Statutory, Internal and Tax Audits
- Income Tax Assignments
Education
Bachelor for Commerce - Accountancy
KPB Hinduja College of Commerce, Mumbai University
Mumbai, India04.2001
Skills
- Regulation and Compliance
- Fraud Investigations
- Report Creation
- Policy Compliance
- Written and Oral Communications
- Control Recommendations
- Accounting Systems and Controls
- Creating Workflows
- Critical Thinking and Analysis
- Microsoft Office
- Reports and Documentation
- Staff Oversight and Leadership
- Investigation Scope Determinations
- Goal Development
Volunteer Experience
Customer Service Representative - Geelong, Victoria - September 2024 until today
- Provided exceptional customer service to ensure customer satisfaction.
- Developed strong customer relationships and loyalty through effective communication.
- Remained open to feedback from supervisor and peers to build and improve skills set.
Certification
- Certified Chartered Accountants, Institute of Chartered Accountants of India - Completed
- Certified Insurance Associate, Insurance Institute of India - Completed
- Certified Company Secretary Intermediate, Institute of Company Secretary of India - Completed
- Certified Internal Auditor, The Institute of Internal Auditor - In Progress
- Certified Public Accountant, Australia CPA - In Progress
Hobbies
- Yoga
- Cooking
- Cycling
- Reading
Languages
English
Professional Working
Hindi
Native or Bilingual
Gujarati
Native or Bilingual
Marathi
Professional Working
References
References available upon request
Timeline
Assistant Manager
Life and General
05.2022 - 06.2022
Manager
State Bank of India General Insurance Company
08.2016 - 05.2022
Deputy Manager
Universal Sompo General Insurance
02.2013 - 07.2016
Audit Executive
Aneja Associates
01.2011 - 01.2013
Audit Assistant
Sanjay Shah & Associate
06.2004 - 10.2009
Bachelor for Commerce - Accountancy
KPB Hinduja College of Commerce, Mumbai University
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