Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Timeline
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VENKATESWARA RAO CHIMUTURI

CHARTERED ACCOUNTANT
Chennai

Summary

Results-driven Internal Auditor with a proven seven-year track record of enhancing governance and reducing audit findings. Experienced in financial analysis, risk assessment, and policy enforcement across diverse industries. Proficient at identifying control weaknesses and spearheading remediation efforts, providing actionable insights that enhance compliance, efficiency, and stakeholder confidence.

Overview

11
11
years of professional experience
4
4
Certifications
4
4
Languages

Work History

Lead - Internal Audit & IT

Cavinkare
03.2023 - Current
  • Planning and performing Internal audits for all group companies (Cavinkare, CIPL, CK's Foods, Jangoz, Sanchu & Trends).
  • Identification of policy gaps.
  • Preparation of audit observations presentation with the root cause, recommendation and implementation plan and effectively communicated findings to senior management.
  • Played a key role in drafting and implementing Standard Operating Procedures (SOPs) within the organizational processes.

Internal Audit Manager | South-1 (AP, TS, TN)

Blue Dart Express Limited
10.2021 - 03.2023
  • Planning and performing internal audits for South 1 regional operation locations (Service centres, Air Hubs, Surface Hubs, NBDOs).
  • Planning and performing functional audits (HR, Admin, Security, Customer Support, Finance & Systems) quarterly.
  • Identification of policy gaps.
  • Preparation of audit observations presentation with the root cause, recommendation and implementation plan. This will be presented to all functional heads in the region including the internal audit head. All critical audit observations will be presented to senior management at the head office.
  • Handling of internal projects (Report access to all auditors, Data Analysis, preparation of content for media awards).
  • Actively participated in the investigation of whistleblower cases.

Internal Audit Manager | AP&TS

Cholamandalam Investment and Finance Company Limited
05.2018 - 09.2021
  • Planning Internal Branch Audits for Andhra Pradesh and Telangana Vehicle Finance, Home Loans, Loan against Property and Rural Finance branches.
  • Performing internal branch audits for Andhra Pradesh branches.
  • Identification of Business policy gaps.
  • Developing recommendations and reports based on audits and presenting them to the senior management for taking corrective and preventive actions.
  • Recruitment of Branch Audit Managers for Andhra Pradesh and Telangana.
  • Reviewing the work of Branch Audit Managers and providing training on a timely basis.
  • Participated in testing 'CURA' Audit software and successful implementation in Internal Audit.
  • Successfully implemented External Audit partners' concept for conducting long-distance Internal Branch Audits in AP and TS.
  • Critical Analysis of MIS data from various angles to identify potential risks/frauds involved in any of the processes.
  • Detection of fraud and fraud risk factors during branch audits.
  • Actively participated in investigations carried out by FCU (Fraud Control Unit).

Articleship Trainee

N.K. Surana & Co.
03.2014 - 03.2017
  • Conducted various types of audits like statutory audits, Internal audits, Stock audits and Bank Statutory audits.
  • Experience in the filing of Income Tax, Service Tax, and TDS Returns at various levels (Corporate, Firms, and Individuals).
  • Involved in performing physical verification of cash, security items, stock, and related records, fixed Assets registers, and depreciation thereon.
  • Prepared Tax Audit Reports for Corporate and Non-corporate Assessments.
  • Maintained various books of accounts, affected finalization of accounts periodically, and prepared year-end financial statements in compliance with accounting standards.
  • Monitored and managed day-to-day accounting operations including maintaining income, expenses, interest & tax ledgers, and other Journal, cash, and bank vouchers for data entry.
  • Resolved Expenses Vouching, Cash/ Bank Vouching, Journals, and Statutory Dues, Tax Audit, Statutory Compliances related issues.

Education

CA - Accounting And Finance

Institute of Chartered Accountants of India
04.2001 -

BCOM (A&F) - Accounting And Finance

Indira Gandhi National Open University
Chennai
04.2001 -

Skills

  • Power BI
  • SQL coding
  • SAP HANA/FICO/B1 expertise
  • IT Audit Expertise
  • Proficient in generative AI principles
  • Compliance Audit Expertise
  • Data-driven decision making
  • Computer skills
  • Teamwork and collaboration
  • Friendly, positive attitude

Accomplishments

  • Automated High-Risk Exceptions Reporting: Partnered with KPMG on the K-Prism platform to script and automate exception reports for high-risk areas at CavinKare, reducing manual review time by over 40%.
  • Rapid Findings Remediation: Led a cross-functional task force at CavinKare to resolve 30+ high-risk audit findings in just three months—achieving a 95% closure rate two weeks ahead of schedule.
  • Revenue Leakage Recovery: Reconciled media-buy plans with BARC reports to uncover ₹83 lakh in unrecognized media spend at CavinKare, driving process changes that closed the gap.
  • Data-Lake Audit Platform: Spearheaded the Data Lake project to centralize audit data at Bluedart, enabling auditors to self-serve key analytics and slashing ad-hoc data requests by 60%.
  • Branch Audit Tool Development: Contributed to the design and implementation of the CURA audit tool for Chola Finance branch auditors, cutting audit preparation time by 30% and standardizing checklists across 200+ branches.

Certification

Artificial intelligence for CA - Level 1 (ICAI)

Timeline

Complete Guide to Generative AI for Data Analysis and Data Science

04-2025

Artificial intelligence for CA - Level 1 (ICAI)

11-2024

Diploma in Information Systems Audit (ICAI)

07-2023

Lead - Internal Audit & IT

Cavinkare
03.2023 - Current

Internal Audit Manager | South-1 (AP, TS, TN)

Blue Dart Express Limited
10.2021 - 03.2023

Google Data Analytics

06-2021

Internal Audit Manager | AP&TS

Cholamandalam Investment and Finance Company Limited
05.2018 - 09.2021

Articleship Trainee

N.K. Surana & Co.
03.2014 - 03.2017

CA - Accounting And Finance

Institute of Chartered Accountants of India
04.2001 -

BCOM (A&F) - Accounting And Finance

Indira Gandhi National Open University
04.2001 -

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