Snehal Shetty
Gothenburg
Summary
Expat from Mumbai, India living and working in Gothenburg, Sweden. Auditing professional and leader with experience primarily in the automotive industry, specializing in serving large public and private multinational manufacturing and telecom companies based in India and Sweden. Has expertise in IGAAP, IFRS technical accounting matters, SEC reporting, Internal controls, SOX, and Internal audit. Brings quality, innovation, enthusiasm, and a focus on developing talent.
Overview
13
13
years of professional experience
Work History
Senior Manager
Deloitte AB
09.2020 - Current
Manager
Deloitte AB
05.2018 - 09.2020
- Reporting Line to: Partners
- Reporting by: Associates, Senior Associates, Assistant Managers, Deputy Managers & Managers
- Technical Specialization: Internal Controls over financial reporting, implementation of shared service centre approach, and IFRS
- Assignments Handled:
- Audit of Swedish multinational manufacturing companies headquartered in Gothenburg
- Work profile highlights
- Led first-year audits, with focus on executing centralized audit approach tailored to client’s way of working.
- Responsible for overseeing and coordinating global component work of approximately 20 international audit teams, ensuring compliance with IFRS.
- Passionately worked with Delivery Centre team and driving insights of how business can best utilize work of shared service centre
- Worked extensively with process leads to identify controls and implement them
- Lead shared service centre approach including understanding delivery centres, building relationship with Delivery centre heads, understanding feeder systems, assisted client in control identification, reviewing control documentation
- Implemented usage of Deloitte analytics Iconfirm, Tableau, Icount and Powerbi
Manager
Deloitte India
02.2014 - 04.2018
Deputy Manager
Deloitte India
02.2012 - 02.2014
Assistant Manager
Deloitte India
02.2011 - 04.2012
- Reporting Line to: Directors and Partners
- Reporting by: Associates, Senior Associates, Assistant Managers and Deputy Managers
- Technical Specialization: Internal Controls over financial reporting under PCAOB standards, IFRS and IND AS - IFRS equivalent Indian Accounting Standards)
- Assignments Handled:
- Audit of India’s largest automobile conglomerate with global presence in commercial & passenger vehicle markets
- Work profile highlights
- Has been part of core engagement team since 2011 and Manager since October 2014 on engagement handling team size of approximately 25 people
- Establishing effective and timely communication and coordination with client’s management including planning and executing audit
- Involved in process of identifying and assessing risk of material misstatement
- Engaged in planning procedures including Identification of significant risks and developing planned procedures to address those risks
- Conducted engagement team based learning on engagement to enhance audit quality
- Planning and supervision of internal controls over financial reporting as per PCAOB standards
- Engaged in effective implementation of Data Analytics on engagement
- Proactively addressing potential accounting and reporting issues including specialist involvement where necessary
Education
Chartered Accountant -
The Institute of Chartered Accountants of India
India02.2011
Company Secretary - Law
Institute of Company Secretaries of India
India02.2011
Bachelor - Commerce
Mumbai University
India03.2007
Skills
- Conducted risk assessments and developed comprehensive audit plans
- Evaluated internal controls, identified deficiencies, and recommended improvements
- Led cross-functional audit teams, delegating tasks, and ensuring project timelines were met
- Documented findings, and presented results to senior management
- Collaborated with process heads to implement process enhancements and control improvements
Accomplishments
- Rated as a high performing employee in Deloitte Sweden
- Consistently rated as “Exceeds Expectations (EE)” in 4 year’s annual appraisal with Deloitte, India
- I have maintained Through Knowledge level accreditation for last 3 years in accordance with DTTL Deloitte Policies Manual - Accreditation Requirements for Audits of SEC Registrants.
Additional Information
- In an initiative to strength control documentation and reliance within the Swedish practice, I volunteered to be an ‘Internal Control Coach’ for listed entities, performing an in-flight quality review of key control documentation.
- Assisted in various recruiting events both in India and Sweden.
- Facilitated multiple internal trainings for the Swedish practice, Gothenburg office, and Polish Audit Delivery Centers on topics related to technical excellence, risk assessment and internal controls.
Timeline
Senior Manager
Deloitte AB
09.2020 - Current
Manager
Deloitte AB
05.2018 - 09.2020
Manager
Deloitte India
02.2014 - 04.2018
Deputy Manager
Deloitte India
02.2012 - 02.2014
Assistant Manager
Deloitte India
02.2011 - 04.2012
Chartered Accountant -
The Institute of Chartered Accountants of India
Company Secretary - Law
Institute of Company Secretaries of India
Bachelor - Commerce
Mumbai University
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