Summary
Overview
Work History
Education
Skills
Timeline
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Manasi Parab

Brampton,ON

Summary

Experienced and certified Audit Senior Manager, holding certifications from CPA Canada and ICAI, with a Master's in Commerce. Over 15 years of expertise in conducting internal and external audit engagements, as well as internal control reviews. Proactive leader with excellent organizational, relationship, and leadership skills. Demonstrated ability to multitask efficiently in a fast-paced, ever-changing environment. Committed to continuous learning and improvements. Seeking a role that aligns skills, including the ability to lead and implement regulatory compliance frameworks, manage teams effectively, and provide strategic direction in alignment with industry standards and regulatory expectations.

Overview

7
7
years of professional experience

Work History

Senior Manager

CIBC
08.2022 - Current
  • Led a high-performing team in planning, executing, and reporting on comprehensive internal audit engagements, ensuring alignment with organizational goals and regulatory requirements.
  • Provided strategic direction to the audit team, emphasizing the importance of adherence to relevant laws, regulations, and industry standards.
  • Conducted thorough reviews of complex legal and regulatory documentation, identifying key requirements and ensuring controls, policies, and procedures were in place to address regulatory compliance.
  • Provided effective challenge to the business's self-assessments, ensuring rigorous evaluation and compliance with regulatory expectations.
  • Managed the performance of the internal audit team through fair and accurate formal and informal feedback.
  • Contributed to the strategic planning and development of internal audit processes, procedures, and training to ensure alignment with industry standards and regulatory expectations.
  • Collaborated with various lines of defense to maintain a culture of adherence to laws and regulations within the organization.
  • Communicated regulatory requirements to relevant stakeholders and ensured understanding and adherence.
  • Prepared and presented regular reports to senior management on the status of internal audit projects and initiatives, highlighting areas of compliance and potential improvements.

Senior Manager

CIBC
04.2021 - 08.2022
  • Prepared the Board and Management Reports within the Internal Audit Professional Practice Centre, ensuring accuracy and timeliness in accordance with Board and Senior Management Reporting standards.
  • Utilized excel functions and internal systems to gather appropriate data and information for report creation.
  • Managed projects related to regulatory examinations, interacting with regulators, and maintaining quality control over documentation submitted for regulatory examinations.
  • Accountable for developing, enhancing, executing, and coordinating key audit planning processes across Internal Audit, including audit universe refresh, annual risk assessment, and annual audit planning creation.
  • Monitored and managed the financial and resource budgeting process for internal audit activities, ensuring optimal utilization of resources.
  • Initiated a transformation initiative to incorporate data analytics into the board and management reporting process, enhancing the efficiency and effectiveness of reporting activities.
  • Facilitated knowledge-sharing sessions to improve team capabilities in delivering high-quality data to support audit committee reporting requirements.

Manager

PwC
02.2017 - 04.2021
  • Led the development and execution of comprehensive audit plans, ensuring alignment with organizational objectives and regulatory requirements.
  • Formulated audit strategies to address key risks, utilizing a risk-based approach to maximize audit effectiveness.
  • Cultivated and maintained strong relationships with clients, serving as a primary point of contact during audit engagements.
  • Managed and mentored audit teams, providing guidance and support to ensure the successful execution of audit engagements. Conducted regular performance reviews, identified training needs, and facilitated professional development opportunities for team members.
  • Executed and supervised all phases of external audit engagements, ensuring compliance with auditing standards and regulations.
  • Conducted detailed reviews of audit work papers, financial statements, and reports to maintain high-quality standards and accuracy.
  • Leveraged technology solutions to enhance audit efficiency, reduce manual efforts, and improve the overall audit process.
  • Conducted risk assessments and identified control weaknesses, providing recommendations for risk mitigation and process improvement.
  • Offered valuable insights and recommendations to clients based on audit findings, contributing to their business improvement and risk management strategies.
  • Provided advisory services on accounting, financial reporting, and internal control matters.
  • Assisted in the development of client proposals, showcasing the firm's capabilities and tailored audit solutions. Contributed to business development activities, identifying opportunities to expand client relationships and win new business.
  • Effectively communicated audit findings and recommendations to audit committees and key stakeholders. Prepared and presented comprehensive reports summarizing audit results, observations, and areas for improvement.

Education

Masters of Commerce -

University of Mumbai
04.2008

CPA -

CPA Ontario
12.2017

CA -

ICAI, Mumbai
05.2010

Skills

  • Experience in regulatory compliance audits
  • Proficiency in CIBC Control Framework and applicable regulatory environment
  • Values Driven Leadership and Team Management
  • Relationship Building
  • Transformation initiatives
  • Critical Thinking

Timeline

Senior Manager

CIBC
08.2022 - Current

Senior Manager

CIBC
04.2021 - 08.2022

Manager

PwC
02.2017 - 04.2021

Masters of Commerce -

University of Mumbai

CPA -

CPA Ontario

CA -

ICAI, Mumbai

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Manasi Parab