Vaibhav Madan

• Manage Finance and Operations across six locations in South East Asia. Management of the S&EA Finance operations to meet internal and external accounting and reporting obligations
• Drive the PMO team to focus on projects, execution and delivery to manage KPIs on projects and drive business KPIs
• Reduced overall DSO from 118 days to below 60 days by active management of AR & WIP
• Improved negative variance on projects by putting project review structure across SEA projects
• Drive financial planning effort for the BU including developing analyses that effectively measure progress against Budget and Market Share objectives.
• Successful rejig of finance and controls for ERM India, Singapore and Indonesia. Established operational role for ERM India and instituted control structure.
• Primary business partner to the S&EA BU Managing Partner, helping to define financial operating priorities and providing the business analytics and insight to drive sustainable business growth.
• Work closely with Regional and BU Commercial teams to assess sales performance.
• Provide visibility of current and future performance to Regional and Global leadership.

• Manage Finance and Operations for five locations across India to meet external and internal financial and reporting obligations as well as work on bringing operating efficiencies for business
• Established Operational role for business with controls and delegation of authority
• Set up procurement function and reduced overall cost of procurement on big capital projects by 20%
• Create efficient team structures in-house and if necessary, outsource
• Ensured strong alignment of business to Group Reporting and policies around contracts, procurement, internal audit, treasury matters
• Lead cost efficiency efforts for business by improving process, increasing efficiency, identifying opportunities

• Involved in estimation, forecast and compliance of annual budgets for vertical; participating in strategy planning and preparing road maps and goal plans in tune with overall company growth
• Identify new opportunities for more verticals to be added in terms of assurance services, internal audit and other areas by establishing onshore team relationship, anticipating their needs, responding to their queries and being alert to both commercial concerns and technical accuracy and referring upwards if necessary
• Worked successfully leading Regions team of UK as manager which was highlighted by first KRC team doing senior level work with direct client interaction, successful completion of engagements like vets 4 pets which was showcased on KPMG worldwide partner conference.
• Managing transition of Regions team of UK from Gurgaon to Bangalore, which involved setting up a team of 90 staff, coordinating for both locations and responsible for management of operations and onshore relationship.
• Single point of escalation for entire Australia audit function. First manager at KRC working as a local leader for a country with entire responsibility of business and onshore relationship.
• Experience includes travel to US to work on large SOX implementation project in US and offshore some work to KGS.
• Managing some key projects from India which includes direct interaction with the client and project management

Sarbanes-Oxley (SOX) section-404 compliance and testing for AIG Insurance Company at onshore client locations in US and Europe

- Focused on key operational, accounting, and financial reporting controls within the assigned areas and scope for SOX reviews.

- Scheduled testing of operating effectiveness in compliance with tests plans. Detected operating deficiencies and proposed ways to remediate control failures.

Internal Audit and Sarbanes-Oxley (SOX) section 404 compliance for Travellers Insurance Company based in US

Internal Audit for Prestolite battery, which entailed developing standard operating procedure for the operations and implementing SOP on branches across India.

- Created narratives and process flow charts utilizing Microsoft Visio documenting the budgeting and financial statement review process, operational processes, mitigating controls, financial reporting processes, and controls.

- Implemented controls across 7 locations in India basis SOP developed centrally

Compliance and legal project for EXL operations

Audit assistant and in-charge on statutory and tax audit on International and Indian companies. Special assignments and limited review exposure on external clients.

Well versed with Indian GAAPs and reporting requirements.

Internal audit of world's leading Beverage Company – Coca Cola.

Responsible for independent handling of audit assignments during period of internship

Execution of external audit engagements within agreed budgets and deadlines, and explaining variances from budget.

Arranging and attending meetings with clients including audit planning, audit close meetings and making presentations to management during audit close meetings on issues identified

Reviewing audit files and ensuring working papers were complete and of a quality to ensure efficient Partner review and appropriate to support the final audit opinions or recommendations