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Jaspreet Kaur Virdi
Location
A-102, Orchid C.H.S ltd, Mirchandani Garden, Suncity, Off 100 Feet Road, Vasai Road, Vasai West., 401202 Mumbai, India
Phone
+919930438811
LinkedIn
linkedin.com/in/jaspreet-kaur-virdi-08bb60161
Profile

An ambitious, self-motivated internal auditor with significant experience in the financial services sector, particularly banking. Have a proven record of planning and executing audits from initiation to completion with meticulous documentation. My expertise includes process understanding, risk assessment, and internal controls enhancement.

Professional Experience
Consultant, Protiviti India Member Pvt Ltd
  • •Performed SOX compliance testing for a financial services and investment advisory firm to evaluate internal control effectiveness over financial reporting.
  • •Audited risk operations of a trusteeship business, evaluating internal controls and regulatory compliance.
    • 2024 Feb – presentMumbai, India
  • •Conducted functional audit of Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance function, ensuring alignment with the SEBI Master Circular and regulatory requirements.
  • •Performed testing for the Trusteeship business, covering key areas such as debenture trustee, security trustee, AIF and securitization products, ensuring proper governance, compliance, and risk mitigation measures were in place.
  • •Conducted test checks on loan documents for Non-Banking Financial Companies (NBFCs) to ensure compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, in alignment with the RBI Master Circular and Fair Trade Practices as issued by RBI
  • •Independently tested and validated various operational controls within US Bank, including conducting control testing, performing detailed walkthroughs, and preparing comprehensive walkthrough narratives and Control Design Assessment (CDA) templates.
  • •Conducted Procure-to-Pay (P2P) audits for a U.S.-based bank, including performing walkthroughs, preparing Design Effectiveness Assessment (DEA) and Operating Effectiveness Assessment (OET) documents, and executing control testing.
  • •Developed and maintained a comprehensive compliance repository for a payments bank, ensuring adherence to regulatory requirements and facilitating efficient tracking of compliance documentation.
  • •Led external review engagement for a Private Limited Bank, analyzing business processes across various products, and providing strategic insights aimed at positioning the bank as a market leader.
  • •Conducted internal reviews of financial accounts for a Private Limited Bank, ensuring accuracy and compliance with internal controls and industry regulations.
    • Associate Consultant, Ram Agarwal & Associates
  • •Conducted and reviewed multiple site audits for a facility management company, finalizing audit findings and submitting detailed audit reports, with a focus on data hygiene and operational efficiency.
  • •Developed Risk Control Matrix (RCM) and performed Internal Financial Controls (IFC) testing for a facility management company, ensuring compliance with established financial and operational controls.
    • 2022 Nov – 2023 NovMumbai, India
  • •Led an internal audit for a private limited bank, including risk assessments for critical areas such as Depository Participant operations, Portfolio Investment Scheme operations, and Custody operations.
  • •Prepared detailed process notes, Standard Operating Procedures (SOPs), and flowcharts for an NBFC’s various operations to improve operational transparency and efficiency.
  • •Conducted preliminary research on labor law compliance, assisting in ensuring the company’s adherence to relevant labor regulations.
    • Audit Assistant, R. Devendra Kumar & Associates
  • •Generated various reports and accurately recorded invoices using SAP ERP, ensuring seamless financial operations and adherence to internal controls.
  • •Provided tax consultancy services, offering guidance on tax planning, compliance, and effective strategies for reducing tax liabilities.
    • 2021 Dec – 2022 SepMumbai, India
  • •Delivered GST consultancy services, advising clients on compliance with Goods and Services Tax regulations.
  • •Conducted a Statutory Audit for a government bank, ensuring compliance with regulatory standards and providing detailed audit reports for management and stakeholders.
    • Article Assistant, A. Bangani & Associates
  • •Prepared financial statements in accordance with Schedule III of the Companies Act, 2013, ensuring accuracy, compliance, and transparency in financial reporting for stakeholders.
  • •Prepared and filed GST, TDS, and Income Tax returns for individuals, firms, and companies, ensuring compliance with tax regulations and minimizing the risk of penalties.
    • 2019 Jan – 2021 AugMumbai, India
  • •Conducted internal audits for a production house, evaluating financial processes, internal controls, and ensuring compliance with regulatory requirements.
  • •Performed tax audits under Section 44AB of the Income Tax Act, 1961, ensuring accurate reporting and adherence to tax laws.
    • Article Assistant, K.S. Mahadik & Co.
  • •Conducted internal audits for a trading company, reviewing financial statements, operational processes, and ensuring compliance with relevant regulations and internal controls.
  • •Filed TDS returns accurately and on time, ensuring compliance with tax laws.
    • 2018 Jan – 2018 DecMumbai, India
  • •Assisted in the preparation and submission of digital signatures for clients to facilitate secure electronic filings and transactions.
  • •Managed GST return filings, including for companies covered under LUT (Letter of Undertaking) bonds, ensuring timely compliance with GST regulations.
    • Education
    Chartered Accountant, The Institute of Chartered Accountants of India
    2015 Jun – 2025 MayMumbai, India
    Bachelors of Commerce, Annasaheb Vartak College of Arts, Commerce and Science
    2013 Jun – 2018 MayMumbai, India
    Skills
    DPM

    Being NSDL software, it was used for verification of details as inputted into the back-end system.

    Financial Condition Report (FCR)

    Mainly used in the banking industry, it was used for generation of various reports and scrutiny of GL.

    Tally ERP

    Generating various reports and finalization of books of account.

    KDK

    Software for income tax returns and TDS returns.

    WebGST

    Used for the purpose of GST returns and raising GST invoices.

    DP Secure

    Back-end software for depository participants, it was used for generation of various reports and client master views.

    SAP ERP

    Generating various reports and invoice entry.

    Microsoft office suite

    Excel, word, power point, and visio.

    Mprofit

    Software for calculation of capital gains and stock quantity.

    Visio

    Used for preparation of flowcharts for drafting SOPs.

    Languages
    English
    Punjabi
    Hindi
    Certificates
    Advance ITT and MCS course

    Under regulation 29(c)(iv) of Chartered Accountants Regulations, 1988.

    Orientation course

    Under regulation 37C/45 of Chartered Accountants Regulations, 1988.

    Information Technology Training

    Under regulation 45 of Chartered Accountants Regulations, 1988.

    Elementary Certificate

    A first level course designed to enhance drawing skills.