1. Curriculum Vitae
DIPEN .U. SHAH
C.A., C.S., M.COM-I,B.COM
Contact Details:
802,Jay shivaTower,
Nr. Azad Society,
Ambawadi,
Ahmedabad-380015
Mob: +91- 97250 53938 / 98204 17975
E-Mail: cadipenshah@gmail.com
shah_dipen1988@yahoo.co.in

2. Curriculum Vitae
DIPEN.U. SHAH
C.A., C.S., M.Com-I, B.Com
Career Objectives
A young, ambitious, highly motivated and result-oriented individual seeking to work in Finance & Accounting,
AuditingFieldwhereinone canlearntodeal withdayto day situationsandchallenges in the work environment and
contribute through knowledge, analytical and interpersonal skills.
Professional Qualification
(1) Chartered Accountant from the Institute of Chartered Accountants of India.
(2) Company Secretary from the Institute of Company Secretaries of India.
Academic Qualification
Level Year of Passing Board Result (%)
C.A.Final Nov -2010 ICAI 51.37%
C.A. P.E.-II May -2007 ICAI 53.50%
C.A.P.E-I May -2006 ICAI 50%
C.S. – Final June -2010 ICSI 54.37%
C.S. – Inter June -2009 ICSI 61.67%
M.Com – I April -2009 Gujarat University 62.50%
B.Com March -2008 Gujarat University 67.78%
H.S.C March -2005 Gujarat Board 81.67%
o Registered for CIA (Certified Internal Auditor) Course.
Mentorship & Certifications
 Worked as Mentor for 5 months at CA Coaching classes. (2011)
 Computer Training Course which involved training in basics of operating computer, Microsoft Office, Tally
and using Internet. (CCIT)
 Attendedafull-time course on General Management & Communication Skills (GMCS) held by ICAI. (A’BAD
BRANCH)
 Certificates on Audit Methodology, Professional Skepticism and Report writing From CAS Bank
(ING Bank Corporate Audit Services – Netherland).
Professional Experience :
 Currently working in Business/Process Audit wing of Internal Audit – Kotak Mahindra Bank
(e ING Vysya Bank) (Sept-11 to till date) (Chief Manager):
Role & Responsibilityincludes carryingout the End to End Process / businessaudit involves;
o Preparationof AuditplanningMemorandum(APM) includingscope &objectives,StandardAuditGuidelines
(SAG), Termsof Reference (TOR) includingAuditclientInitial Meeting.

3. o ConductAuditFieldworkasperTime lines includingtoensure coverage of entirescope,preparationof
Control Testsheet(CTS) andpreparation of Initial Issue list&discussionof final issuewithauditclient.
o Preparationof Draft & Final ReportwithExecutivesummary,Auditrecommendation,Risktype &Risk
Ratingsof issues.
o Complete FileinAuditSoftware(Trace) ateachstage wise (I. e Planning,Fieldwork,Reporting)
o Responsible forclosure of issue of particularaudit,basedonthe auditrecommendation&management
action& due date of issue.
Retail Banking Audits -
o Business Banking – Account Management , Monitoring & Exit (Process Audit)
o Consumer Finance –Personal Loan Product
o Consumer Finance & ARB Lending -Gold Loan Product
o Depository Participants Operations (DP Business)
o Overdraft Against / Loan Against Term Deposits Product
Wholesale Banking Audits -
o Process audit of BFIG (Banks & Financial Institutions Group Business)
o Trade Finance Operation (TF ops)
o Lending Priorities - Covenant Monitoring & Documentation
Other Assignments:
o Fraud & Investigation project -
Retail Advances Portfolio of 2500 Crores (One of the Product) and
Retail Liability (Certain sets of CASA accounts)
o Concurrent Audit (Business Banking): Closure of concurrent auditor issues and Recommended to
Audit Manager for closure of report.
 Previously Worked in Branch Audits wing of Internal Audit – Kotak Mahindra Bank (ewhl ING
Vysya Bank)
 Handled Risk Based Audits of Large Branches – covering Operational & Credit Risk.
 Reviewed the Audit Files for releasing the Branch Audit Final Reports.
 Updating Risk Based Audit Checklist for the Branch Audit Department on continues basis.
 Worked on Project for Designing the New Risk Based Audit Methodology for Branch Audit (2013)
o Drafting Standard Audit Guidance (SAG) Document.
o Defining Scope
o Designing Sampling techniques
Articleship & CA Firm Job Experience:
ISK & ASSOCIATES , AHMEDABAD _ (CA Firm Job)
(From June, 2011 to September,2011)
 Preparationof Techno– Economic FeasibilityReports.(EFR)
 Preparationof Projectionforthe Term Loan requirements.
 Assistedin Corporate Debt Restructuring(CDR) Proposal.
 Statutory Auditsof PublicLimitedCompanies.
AJAY CHHAYA & CO., AHMEDABAD
(August 2007 to June 2011)
 Preparationof CMAdata for Workingcapital requirements.
 Assistedin Preparation toReplyof Scrutiny& AppealsunderIncome Tax Act.
 Assistedin Lease or Buy DecisionProposal.
 Assistedin Private EquityProject. (Due Diligence requirements).
 Statutory Auditsof Banks, Govt.unitsand Companies andPreparationof Balance SheetandFinalizationof
Accounts and AuditreportunderCARO,2003.

4.  Internal Auditsof VariousEntities &Firms
 Physical Stock verification accordance withAccountingStandardissuedbyICAI.
 Tax Auditsundersection44AB of Income Tax Act, 1961.
 Preparation & Fillingof Returns ( Income Tax Returns , TDS Returns,Service Tax Returns) andpreparationof
Form 15CB basedonremittance.
 Industries based Experience :
Industry Exposure / Companies
Banking& Financial ServicesIndustry Statutory,Internal &ConcurrentAuditsexposure
Textile Industry Shree ParshwanathTextile,Shree Mahalaxmi Textile
Manufacturing Industry Encore Natural PolymerPvtLtd.,RenownEngineering,Fieldworthy
PvtLtd.
Service Industry Gujarat AgroIndustryCorporation(GAIC), Anmol Finsec,Samay
Trade link,Xpertz Marketing
Hospitality Industry NeeshaGroupof Hotels – Cambay Hotels& resorts
Pharmaceutical Industry HalcyonLabs Pvt Ltd.,U square PvtLtd.
Professional Achievements
o Identified Governance Gap, suggested Governance Controls & implemented guidelines in line with Risk /
regulatory guidelines, which are recognised by COO. (Gold Loan, Personal Loan, Depository Participants,
Covenants Monitoring Audit)
o Identified IT Application (DEBOS Application) Gaps in Depository Participants business audit which is
recognised by MD & CEO.
o Found Leakage of income and Excess payment made to outsourced agencies.(Branch Audits & Process /
Business Audits)
o Received average 4rating(outof 5) forAuditclient satisfaction / feedback. (For Business / Process Audits).
Computer Knowledge
 Good proficiency in application package MS Office and Internet skill.
 Knowledgeof DARVIN& otherbasic Software usedinRBA.
 Customisedsoftware/applications – Core Banking Application-Profile,ConsumerFinance Application- Fin
one,Depository Participants - DEBOS, Documents- DPM, Advance/ Lending- Nucleusapplication.
 Good proficiencyinAccountingSoftware i.e. TallyAccounting(includingTallyERP)
 Knowledgeof Software forpreparationof Income Tax returns ,Tax deductionSource &Service Tax returns-
Kitret and Computax, Computdsand Compuserve resp.
Personal Information
Date of Birth : 19th
March 1988
Languages : English, Hindi and Gujarati
Marital Status : Married
Hobbies : Playing Cricket & Golf, Listening Music, Reading, Photography