1. Kunal Jayendra Shah
Phone: +91 9833657789
E mail: shah.kunal88@gmail.com
Address: - 1608, New Pakiza CHS, Sai Nagar, Kandivali (W), Mumbai-400 067.
CAREER OBJECTIVE.
Looking forward to a work place that provides professional challenge and satisfaction as well as an opportunity to
enhance my skill set, while putting to practice my academic knowledge and expertise in the field of Internal Audit &
Risk Assurance Services and contributing to the organization in meeting its own objectives and mission.
PROFESSIONAL PROFILE.
 A Semi Qualified Chartered Accountant having 7 years of working experience in the field of risk based internal
audits, finance & accounts and indirect taxation (including 3 years and 6 months as an Audit Trainee).
 Experience of understanding the organization and its environment, including the documentation and the process
flow, evaluating the risk and recommending appropriate controls to mitigate the identified risks.
 Proven ability to work independently as well as team member and manage various audit assignments concurrently.
 Experience of auditing in ERP environment.
WORK EXPERIENCE.
Employer Designation Period
Suresh Surana & Associates.(RSM India) Officer - Audits Dec 2015 till date
Jayant & Associates.(Bhandari Dastur Gupta & Associates) Audit - Executive Nov 2013 to July 2015
Sonejee & Gandhi, CA. Audit - Trainee June 2008 to May 2011
Hemant P. Puri & Associates. Audit - Trainee Oct 2007 to May 2008
During the said tenure I have gained experience in managing wide spectrum of internal audit and risk advisory services as
listed below:
Company Experience
 Executed 100% Stock Audits of various units and 3P Cells (including Stock
Reconciliation and tagging process).
 Stock Movement and Process understanding and Analysis.
 Fixed Assets Verification at 3P cells.
 Identifying the non-value adding processes and weaknesses in the internal control
to improve the efficiency of the system and relevant controls.
 Development Fees Audit: The scope of assignment included verification of :
 The quantum of DF bills raised by MIAL on various Domestic and International
Airlines.
 The actual amount received by MIAL from various Airlines and its deposit directly
into AAI (CSIA) DF Escrow Account.
 To verify certificate issued by MIAL that the DF amount utilised is for the purpose
of costs of up-gradation, expansion or development of the airport as per section 22A
of Airports Authority on India Act, 1994.
 Revenue Audit: The scope of assignment included verification of :
 The income generated from the Aero and Non-Aero revenues
 Creating a master file to cross verify and reconcile the Aero-revenues which
includes landing charges, parking charges, aerobridge charges, etc.
 Examining the contracts entered with the trade concessionaries and ensuring proper
compliance with the same as far as income recognition is concerned.
 Analytical review of the revenue trial balance for various periods.
 Understanding the internal control developed over the operations carried on by
MIAL for various activities.
 Leading the risk based internal audit assignments covering the following areas:
 Purchase to Pay- raw materials and stores.
 Supply chain Management
 Just in Time implementation review.
 Internal Financial controls testing.

2. Kunal Jayendra Shah
Phone: +91 9833657789
E mail: shah.kunal88@gmail.com
Address: - 1608, New Pakiza CHS, Sai Nagar, Kandivali (W), Mumbai-400 067.
 Leading the risk based internal audit assignments covering the following areas:
 Corporate Governance covering the aspects of Internal Financial Controls (IFC),
Risk Control Matrix (RCM), Risk Registers (RR) and SOP for all processes at
company level.
 Logistics function and CPCM review.
 Order review.
 Quality Control.
 Admin expenses review.
 Physical verification of stock at the year end.
 Forensic Investigation pertaining to operational fraud by employees:
 Conducting the audit with investigative and anomaly-oriented mind-set.
 Understanding the operations and controls developed by company to identify
weaknesses in internal control system.
 Critical evaluation of the financial and non-financial data maintained by the
company.
 Identifying the fraud risk factors and the material control deficiencies or operational
inefficiencies exposing the company to threats.
 Reckoning of the financial loss to the company on account of fraud
 Trace the blueprint of the activities undertaken by the suspects and the linkage
between various departments to uproot the cause and take necessary fraud risk
mitigation measures.
 Leading the risk based internal audit assignments covering the following areas:
 Purchase to Pay- raw materials and stores.
 Inventory management.
 Security Gate Control.
 Scrap Management.
 Quality Control.
 Order to receipt cycle.
 Accounts ledger scrutiny.
 Leading the risk based internal audit assignments of Energy Products Division
(EPD), covering the following areas:
 Purchase to Pay function.
 Review of dispatch process.
 Workmen related legal compliances.
On Time International
Logistics Private Limited
 Vouching and verification of job files maintained for each and every assignment
which includes all the documentation with respect to the incomes and expenditures
accrued/incurred for the particular assignment.
 Verification of contracts with respect to the profit sharing for internal jobs raised by
the group company.
 Verification of rate contracts entered into with the vendors and the customers and
giving suggestions for improvement wherever possible.
 Analysing the revenue loss transactions due to various reasons and recommending
an appropriate action for the same.
The Third Eye Qualitative
Researchers Private Limited
 Leading the overall internal audit including the development of an audit programme
and actual implementation and finalising the draft internal audit report. It included
review of following key functions:
 Direct Taxes Review
 Indirect Taxes Review
 Accounts ledger scrutiny
 Job-wise profitability analysis
 Sales to receipt cycle
 Expenses review and its re-imbursements from customers.
 Evaluation of controls deployed over cash collections at the lounges and its
transmission to the HO,
 Sales vouching and reconciliation between various MIS prepared by the
management.
 Reconciliation of sales with the raw materials consumed and analysing the
differences therein.
 Assessing the possible fraud risk factors and evaluating deficiencies in the internal
controls.

3. Kunal Jayendra Shah
Phone: +91 9833657789
E mail: shah.kunal88@gmail.com
Address: - 1608, New Pakiza CHS, Sai Nagar, Kandivali (W), Mumbai-400 067.
Angel Financial Advisors Pvt.
Ltd.
 Conducted the core Internal Audit practices for Insurance, Mutual funds and IPO
distributed by the company.
 Prepared the master file to reconcile the income generated from the said businesses
and that received by the company.
 Identifying the revenue loss situations for the company by way of short commission
received.
 Analysing the customer complaint database and root cause review of long
outstanding open complaints.
 Conducted Internal Audit which majorly included verification of sale of property
and the documentation thereof.
 Evaluating the deviations from the rate per unit charged vs. the rate chargeable as
per the authorised rate chart.
 Adherence to various policies developed by the company.
 Documentation and review of internal process relating to following processes:
 Sales function.
 Purchase function (domestic and international transactions)
 Review of cash and banking transactions.
IT Skills.
 Working Experience of MS Office, Tally and SAP
Technical Qualification.
 Course on General Management and Communication Skills conducted by WIRC, ICAI.
 Compulsory Computer Training from conducted by WIRC, ICAI.
Professional Qualifications.
Qualifications Institute/University Year Marks (%)
PCC Institute of Chartered Accountants of India. 2010 50.00
CPT Institute of Chartered Accountants of India. 2007 66.50
Academic Qualifications.
Qualification Institute/University Year Marks (%)
B.Com Mithibai College of Commerce- Mumbai University. 2010 74.71
Higher Secondary Certificate. Mithibai College of Commerce- Mumbai University. 2007 70.17
Secondary School Certificate. St. Francis D’Assisi High School and Junior College 2005 75.86
OTHER PERSONAL DETAILS.
 Date of Birth: 13th
July, 1988
 Languages Known: English, Hindi, Gujarati, Marathi and French.
 Co-curricular Activities:
 Hobbies include playing cricket.
 Played cricket under Pressi Sports Club.
 Listening to music.
 Teaching-Experience of giving lectures on Costing at CS-Executive level and conducting private
tuitions for B.Com and CA-CPT level.
 Conduct professional dance classes.