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Amit KUMAR, Assistant Vice President-Accounts and Finance

Amit KUMAR

Assistant Vice President-Accounts and Finance·HSBC

India

Master's degree, Finance and Accounts

Work experience

Total years of experience: 18 years, 10 months

Assistant Vice President-Accounts and Finance

May 2016 - Present

HSBC

Gurgaon, India Hybrid

May 2016 - Present

 Led Group & Management Reporting (R2R), delivering monthly/quarterly board packs with deep variance analysis, enabling data-driven strategic decisions at executive level.
 Drove enterprise FP&A function, including budgeting, rolling forecasts, and scenario modelling; improved forecast accuracy and business planning effectiveness.
 Managed end-to-end P&L and Balance Sheet oversight across multi-entity operations, ensuring financial integrity, accurate close, and actionable performance insights.
 Strengthened working capital management by overseeing AP (P2P), AR (O2C), bank, and intercompany reconciliations across UAE, Saudi Arabia, Egypt and other GCC countries, improving liquidity management and cash optimization.
 Aligned financial planning with statutory and regulatory reporting, supporting disclosures via Workiva (Wdesk) and enabling accurate and timely regulatory submissions (including PRA).
 Delivered Group-level IFRS 2 accounting (share-based payments), ensuring accurate valuation, reporting transparency, and executive-level clarity on financial impact.
 Led Finance Transformation / CoE initiatives, implementing automation and standardization, resulting in 36+ hours/month efficiency gains and improved scalability.
 Acted as FP&A and Reporting SME, partnering with senior stakeholders across Finance, Risk, HR, Compliance, and regulators to drive cross-functional alignment and insights.
 Built and led high-performing finance teams of 12 FTEs, fostering a culture of analytical rigor, governance discipline, and performance accountability.
 Managed global stakeholder relationships for GCC countries, consistently recognized with awards for exceptional delivery and collaboration.
 Led Big4 audits and internal control reviews, ensuring strong governance, risk mitigation, and audit readiness across multiple jurisdictions.
 Spearheaded process standardization (SOPs, RACI, controls documentation), enabling smooth transition/migration of global processes and improved control environment.
 Drove process harmonization and operational excellence, improving reporting quality, turnaround time, and decision-support capability

Company industry:
Accounting

Assistant Manager

March 2014 - May 2016

Samsung India Electronics Limited

Noida, India Hybrid

March 2014 - May 2016

 Led financial operations including FP&A, cost control, management reporting (R2R), general ledger, payables (P2P), and period-end close using SAP FI.
 Developed annual operating budgets and rolling forecasts; performed detailed variance and trend analysis on Income Statement and Balance Sheet.
 Oversaw accrual accounting, supplier reconciliations, invoice processing, payment execution, and AP ageing management.
 Produced financial MIS, dashboards, and executive reports for overseas headquarters in South Korea within stringent timelines.
 Administered fixed asset accounting and strengthened internal controls and risk management practices.
 Partnered with cross-functional leaders and auditors to ensure audit readiness and timely issue resolution.

Company industry:
Consumer Electronics

Assistant Manager

December 2010 - March 2014

KEC International Limited

Gurgaon, India

December 2010 - March 2014

 Led a team of 8 FTEs managing budgeting (FPnA), Accounts Payable (P2P), Accounts Receivable (O2C), General Ledger, and taxation activities.
 Owned end-to-end AR/AP operations and P&L and Balance Sheet finalization, ensuring accuracy and compliance.
 Improved cash flow by strengthening collections, reducing ageing, and resolving customer disputes.
 Delivered regular financial updates, analysis and reports (R2R) to CEO, CFO, and project leadership.
 Supported budgeting and forecasting cycles, analyzing variances and recommending corrective actions.
 Enhanced internal controls, SOP adherence, and audit readiness across finance operations.

Company industry:
Telecommunications

Executive - Finance & Accounts

September 2008 - December 2010

ZTE Telecom India Private Limited

Gurgaon, India

September 2008 - December 2010

 Managed end-to-end Accounts Payable (P2P) and Accounts Receivable (O2C) operations including vendor payments and Customer collections, invoice processing, reconciliations, and ageing analysis.
 Manage external audits with Big4 firms and coordinate internal, risk, and controls audits, ensuring timely resolution of audit queries and strong governance.

Company industry:
Telecommunications

Industrial Trainee

January 2007 - January 2008

Power Finance Corporation Limited

New Delhi, India

January 2007 - January 2008

 Supported payment (P2P) processing, bank reconciliations, vendor reconciliations, and ledger reviews ensuring accuracy and compliance.

Company industry:
Financial Services

Education

IIBM

March 2012

March 2012

Master's degree, Finance and Accounts

India

The Institute of Cost Accountants of India

December 2008

December 2008

Master's degree, Accounts, Finance, Costing, Tax, Law, Economics.

India

DAV College, Maharshi Dayanand University

March 2008

March 2008

Master's degree, Commerce

India

Shaheed Bhagat Singh College, University of Delhi

March 2006

March 2006

Bachelor's degree, Commerce

India

Skills

AUDIT MANAGEMENT
Intermediate
AUDIT MANAGEMENT
Intermediate
AUTOMATION
Intermediate
AUTOMATION
Intermediate
BUSINESS OPERATIONS
Intermediate
BUSINESS OPERATIONS
Intermediate
FINANCE
Intermediate
FINANCE
Intermediate
FINANCIAL ANALYSIS
Intermediate
FINANCIAL ANALYSIS
Intermediate
GOVERNANCE
Intermediate
GOVERNANCE
Intermediate
INTERNATIONAL FINANCIAL REPORTING STANDARDS
Intermediate
INTERNATIONAL FINANCIAL REPORTING STANDARDS
Intermediate
REGULATORY COMPLIANCE
Intermediate
REGULATORY COMPLIANCE
Intermediate
RELATIONSHIP MANAGEMENT
Intermediate
RELATIONSHIP MANAGEMENT
Intermediate
STAKEHOLDER ENGAGEMENT
Intermediate
STAKEHOLDER ENGAGEMENT
Intermediate

Languages

English
Expert
German
Intermediate
Hindi
Native Speaker

Training and Certifications

Certifications
German Language Knowledge (B1 Level)
Six Sigma
Financial Management, Corporate Governance, Project Management

Hobbies

  • Playing Cricket, Chess