Fenil Samani
Chartered Accountant
Mumbai
Summary
Chartered Accountant with over 3 years of post-qualification experience in internal audit and risk advisory, specializing in the financial services sector. Strong exposure to NBFCs, Asset Management Companies (AMCs), and listed entities, with expertise in audit planning, risk assessments, internal financial controls (IFC), regulatory compliance, RCM documentation, and stakeholder reporting. Proven track record of managing CXO-level discussions, leading audit closures, and building internal capabilities through trainings and process frameworks
Overview
7
7
years of professional experience
4
4
Languages
Work History
Associate
PwC
12.2024 - Current
- Led engagement for a key NBFC client, managing audit execution across business and enabling functions.
- Led internal audit of a leading listed AMC, managing end-to-end responsibilities from planning to report closure.
- Prepared and reviewed Risk Control Matrices (RCMs) for key NBFC and AMC functions.
- Conducted Capital Market Group file audits for a leading bank to evaluate documentation controls and compliance.
- Played a key role in developing the Internal Audit Manual for the AMC to standardize audit practices
- Executed the Internal Audit of a Construction Finance NBFC, focusing on underwriting, disbursement, and monitoring processes.
- Executed audits covering Investment, Compliance and risk management for Mutual Funds, AIFs, and PMS, along with a detailed PPM compliance review for AIFs.
- Collaborated with stakeholders for issue resolution and control improvements across business and support functions.
Consultant
KPMG Assurance & Consulting Services LLP
04.2024 - 11.2024
- Held discussions with CXOs and senior management for closure of critical observations and attended Audit committees.
- Conducted compliance reviews for AMCs and intermediaries including Mutual Funds, AIFs, PMS, Investment Advisors, and NBFCs, focusing on SEBI/RBI regulatory adherence.
- Reviewed Related Party Transactions (RPTs) for listed entities including Jio Financial Services, ensuring proper disclosures and approvals.
- Conducted internal trainings and knowledge-sharing sessions, building team knowledge on audit methodology, compliance frameworks, and industry best practices.
Associate Consultant
KPMG Assurance & Consulting Services LLP - Consultant
09.2022 - 03.2024
- Executed internal audits for NBFCs across lending products such as Housing Finance, Construction Finance, LAS, Gold Loans, Digital Loans, and Unsecured Loans.
- Reviewed processes for Sourcing, Credit, Operations, Collections, Legal Recovery, Treasury, F&A, HR, Admin, Marketing, Compliance, and Secretarial functions.
- Performed IFC testing, RCM validation, control design reviews, and process walkthroughs.
- Conducted branch audits and pre-verification reviews for NBFC clients to ensure field-level control compliance.
- Independently handled fieldwork, issue identification, and draft report preparation with minimal supervision.
- Supported senior team members in stakeholder meetings and coordinated across departments for data collection and clarifications.
Articled Assistant
Mayur Jain & Co.
08.2018 - 01.2022
- Represented clients in assessment matters before CIT(A) and ITAT for corporate and non-corporate cases.
- Supervised a team of 10+ articled assistants, handling Tax Audits (3CA-CD), ITRs, TDS/TCS returns, and indirect tax compliances.
- Filed GST refund claims under LUT/Bond, responded to SCNs, and conducted GST audits.
- Handled GSTR-3B, GSTR-1, and ITC reconciliations; assisted in registration and migration procedures.
Education
Chartered Accountant -
ICAI
Mumbai 04.2001 -
Masters of Commerce -
Usha Pravin Gandhi College
Mumbai, India 04.2001 -
Bachelor of Commerce -
Narsee Monjee College
Mumbai, India 04.2001 -
12th -
Narsee Monjee College
Mumbai, India 04.2001 -
10th -
Swami Vivekanand International School
Mumbai, India 04.2001 -
Skills
Project Management
Process Improvement & Documentation
Risk based Internal Audit
Internal Controls over Financial Reporting
Stakeholder Relationship Management
MS Office
Problem-solving abilities
Accomplishments
- Rewarded Catalyst Appreciation Award at PwC for effectively handling clients.
- Awarded Kudos twice at KPMG for consistently delivering high-quality work.
- Second-Degree Black Belt in ASAI Karate, demonstrating discipline and perseverance.
- Actively participated and performed in dance events during school and college years.
Timeline
Associate
PwC
12.2024 - Current
Consultant
KPMG Assurance & Consulting Services LLP
04.2024 - 11.2024
Associate Consultant
KPMG Assurance & Consulting Services LLP - Consultant
09.2022 - 03.2024
Articled Assistant
Mayur Jain & Co.
08.2018 - 01.2022
Chartered Accountant -
ICAI
04.2001 -
Masters of Commerce -
Usha Pravin Gandhi College
04.2001 -
Bachelor of Commerce -
Narsee Monjee College
04.2001 -
12th -
Narsee Monjee College
04.2001 -
10th -
Swami Vivekanand International School
04.2001 -
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