Memane Parth

A competent professional with nearly 8 years of extensive experience in SOX Compliance Control & Testing, Internal Control, Project Management, Risk & Compliance Management, Internal & Statutory Audit, Quality Assurance and Vulnerability Assessments. Expertise in developing, implementing & maintaining Sarbanes-Oxley (SOX) Compliance framework; ensuring alignment of Internal Controls with SOX requirements. Rich experience in assessing existing internal control systems and identifying areas for improvement, implementing enhanced internal control procedures to mitigate risks and conduct periodic reviews to evaluate effectiveness of internal controls.

Skilled in executing Internal Audits pertaining to compliance and internal controls, defining audit plans, schedules, and reports, ensuring compliance with regulatory requirements. Capable of working with external and internal auditors, coordinating audit responses, and ensuring timely closure of audit observations. Hands-on experience in vulnerability assessment & mitigation strategies for marquee clients including Hasbro, Adidas, Mars Inc., and Party City Inc.

In-depth understanding of financial control, risk, and governance frameworks, ensuring accuracy, transparency, & regulatory compliance across reporting and valuation functions. Showcased excellence in stakeholder engagement, documentation standards, and reporting to senior management and compliance committees.

Associate Consultant at EXL Service (2025-03 – Present)

• Evaluating the design and operating effectiveness of key controls across business processes to ensure alignment with SOX 404 requirements.
• Coordinating the SOX compliance program across processes, conducting ongoing risk assessments and mapping associated controls to address potential vulnerabilities within business operations.
• Conducting walkthroughs and control evaluation procedures to validate the design and operating effectiveness of key financial and operational controls across process cycles.
• Documenting control evaluation results — including narratives, test scripts, and supporting evidence — to maintain audit-ready documentation and ensure clear traceability.
• Driving continuous process enhancements by identifying gaps and implementing industry best practices across functional areas.
• Addressing audit findings independently and steering them toward timely resolution and closure.
• Liaising with internal and external auditors to facilitate seamless execution of process reviews and SOX testing activities.
• Reviewing and updating organizational policies and procedures in alignment with current internal standards and statutory mandates.
• Supporting ICFR implementation and monitoring, driving process maturity and enabling continuous improvement.
• Leading audit planning sessions, including defining scope, conducting risk analysis, and formulating documentation strategies for client engagements.
• Ensuring compliance with accounting principles (GAAP, IFRS) and statutory requirements during control evaluations.
• Maintaining accuracy and transparency in SOX 404 quarterly attestations and reporting activities.

Process Specialist at Infosys BPM Ltd. (2023-02 – 2025-02)

Internal Control Evaluation

• Executed end-to-end Sarbanes-Oxley (SOX) control evaluations for Procure-to-Pay (PTP), Record-to-Report (RTR), and Order-to-Cash (OTC) cycles across multiple engagements, ensuring strict compliance with regulatory standards and internal protocols.
• Supervised testing operations across APAC, EMEA, LATAM, and North America, tailoring methodologies to align with region-specific compliance requirements and business nuances.
• Partnered with cross-functional stakeholders to assess internal control design and performance, capturing observations and proposing actionable recommendations to reduce risk and improve efficiency.
• Compiled and preserved comprehensive test documentation such as narratives, test scripts, and result logs, ensuring audit readiness and clear traceability.
• Spearheaded risk and vulnerability assessment projects for prominent clients like Hasbro Inc., Mars Inc., CSG Inc., Party City Inc., Curries Inc., and Adidas Inc., pinpointing control gaps and areas of exposure.
• Delivered well-structured risk analysis reports to senior leadership, outlining key vulnerabilities, risk categorizations, and strategic recommendations to reinforce enterprise-wide risk resilience.

Audit Associate at Shashank Patki & Associates Chartered Accountant (2017-06 – 2022-09)

• Assessed the design and operating effectiveness of key financial controls during statutory audits, identifying gaps and strengthening compliance.
• Orchestrated preliminary audit planning for a portfolio of 10 clients, including 4 publicly listed firms, by customizing strategies aligned with regulatory requirements and client-specific objectives.
• Executed statutory audits for multiple bank branches, performing vouching, verification, and drafting of Long Form Audit Reports (LFAR) to ensure thorough compliance and reporting accuracy.
• Directed financial analysis and account preparation for mergers, acquisitions, and amalgamations of private companies, while collaborating with cross-functional teams to enable seamless transitions and transparent financial disclosures.

Post-Graduation Diploma in Public Accounting – Amity University (2024)

B.Com. – M.E.S Garware College (2016)