Kaustubh Hendre Hendre, Assistant Manager Finance

Kaustubh Hendre Hendre

Assistant Manager Finance

Al Ahli Bank of Kuwait

Location
Kuwait - Al Kuwait
Education
Higher diploma, Financial Risk Manager
Experience
13 years, 5 Months

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Work Experience

Total years of experience :13 years, 5 Months

Assistant Manager Finance at Al Ahli Bank of Kuwait
  • Kuwait - Al Kuwait
  • My current job since March 2019

• Preparation of Group financial statements in compliance with IFRS
• Identification and analysis of impact, if any, of new IFRSs or amendment to existing IFRSs on a timely basis
• Review of IFRS 9/16 ECL provisions and lease accounting workings of prepared by various departments and components
• Preparation of monthly Group performance pack along with key messages for submission to ABK’s management to help them make rationale business decisions
• Working closely with Risk, Retail Banking, Corporate banking and various other departments for various tasks
• Implementation of adequate control over financial reporting to ensure accuracy and consistency in various reporting layers and continuously hunt for improvement and value creation opportunities
• Identification and implementation of automation opportunities in the area of financial reporting
• Managing quarterly/annual audit with external auditors

Assistant Manager at Deloitte
  • Kuwait - Al Kuwait
  • April 2015 to March 2019

Audited Banking, Financial Services Industry and NBFC
clients.
Managed a team of 3 personnel.
Key responsibilities as follows:
· Lead, manage and supervise:
a. External audit,
b. Limited review,
c. Assurance services for Bond issues worth USD 750M,
d. IFRS 9 ECL Audit engagements and
e. Basel III AUP assurance services
· Implement/utilize technical standards to the high quality
· Understand entity and industry in which it operates to
develop expectations of its financial performance
· Resource Planning in-charge for Kuwait Practice
· Business valuations advisory engagements of entities worth
USD 450M

Senior Associate at KPMG
  • India - Pune
  • February 2014 to April 2015

Audited General Insurance, OEM and service industry clients.
Key responsibilities as follows:
· Execution of:
a. External audit,
b. Tax audit and
c. Limited review engagements
· Form sound professional relationships with client staff
· Respond to clients in an efficient and professional way
· Identify client issues, convey these to management and
Partners promptly and accurately

Article Assistant at PwC
  • India - Pune
  • August 2010 to August 2013

Audited OEM and service industry clients.
Key responsibilities as follows:
· Execution of
a. External audit,
b. Tax audit and
c. Limited review engagements
· Respond to clients in an efficient and professional way

Education

Higher diploma, Financial Risk Manager
  • at Global Association of Risk Professionals (GARP)
  • June 2017

Financial Risk Manager (FRM) involved great deal of understanding of the quantitative measurement of risk, markets, products and valuation techniques was essential.

Higher diploma, Accounting and financial management
  • at Institute of Chartered Accountants of India
  • February 2014

This degree course involved higher and complex level of knowledge in accounting, cost accounting and financial management. This degree course involved a great deal of independent research, requiring initiative, self-motivation and a wide range of skills.

Bachelor's degree, Commerce
  • at University of Pune
  • April 2013

Degree in commerce and accounting

Specialties & Skills

Financial Reporting
Accounting
Auditing
Risk Management
Cost accounting
Risk management
Auditing
Accounting
Financial management
Financial Reporting

Languages

English
Expert

Memberships

Global Association of Risk Professionals
  • Associate
  • August 2017
Institute of Chartered Accountants of India
  • Associate
  • August 2014

Training and Certifications

Chartered Accountant (Certificate)
Date Attended:
January 2014
Financial Risk Manager (Certificate)
Date Attended:
August 2017

Hobbies

  • Sports