Sarita Shetty, Chief Manager - Finance India operations

Sarita Shetty

Chief Manager - Finance India operations

Reinsurance Group of Americas Global Shared Services India Pvt. Ltd

Location
India - Dombivli
Education
Master's degree, Business And Finance
Experience
13 years, 2 Months

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Work Experience

Total years of experience :13 years, 2 Months

Chief Manager - Finance India operations at Reinsurance Group of Americas Global Shared Services India Pvt. Ltd
  • India - Mumbai
  • My current job since September 2019

I act as a finance controller and lead the USGAAP and IGAAP financial reporting for the company, ensuring timely and accurate closure of books of accounts, preparation of MIS and board presentations, variance analysis, budgeting, forecasts & reforecasts, and liaison with auditors and regulators. I also support in legal and tax filings, IT returns, and process transformation.

Senior Manager - North America Regional Controller at Tata Communications
  • India - Mumbai
  • September 2012 to September 2019

Profile: North America Regional Controller

1) Monthly/Quarterly/Annual closure of books of account.
2) It includes monthly calendar circulation, discussion with cross functional teams for the accounting requirement, accrual formats and improvement of standard narration and open purchase order analysis.
3) Accrual accounting for accurate financials.
4) Payroll & Prepaid Accounting.
5) Preparation of monthly profit & loss account and variance analysis reporting to the management.
6) Preparation of Balance sheet and schedules and reporting of the same to the management.
7) Open item clearing of all General Ledger accounts in SAP to maintain Hygiene of books of account.
8) Foreign exchange revaluation and analysis of Foreign exchange gain/(loss).
9) Bank Reconciliation - Preparation of bank reconciliation in SAP on daily basis to ensure all open items are genuine.
10) Preparation of monthly Inter-company reconciliations to ensure complete and correct accounting in all entities.
11) Presentation of the quarterly financials to the Board of Directors.
12) Support in Income Tax returns filling, Transfer pricing return & other survey filling in US & Canada.
13) Issue of Debit notes for all Inter-company transactions and ensuring regular settlement.
14) Liaison with Statutory Auditors and SOX Audit for quarterly and annual audits, proving audit requirement in time lines and resolving all queries of the auditors.
15) Regularly participates in projects or activities as a contributing team member. Assists supervisor to identify important issues or risks and providing feedback for improvement/changes in methods & techniques.
16) Working knowledge of SAP. Supported entity creation in SAP & standardized various reports from SAP.

Assistant Manager - Financial Planning & Analysis at Aegis Ltd (Group Company of ESSAR)
  • India - Mumbai
  • March 2011 to September 2012

1) Allocation of the Budget cost in consultation with internal users.
2) Allocation of actual shared unit cost and estimated forecast cost for the remaining period.
3) Monthly tracking of actual performance with the budget / forecast and reporting the same to function head's and Management.
4) Partnering the business team to maintain a strong awareness on the movement of the actuals to enable development of next years budget.
5) Supporting the function head's in product pricing.

Education

Master's degree, Business And Finance
  • at Indian Institute of Chartered Accountants
  • November 2010

Specialties & Skills

Monthly Reporting
Team Leadership
Board Presentations
Budgeting and Forecasting
Cash Flow Management
SAP FICO
Alteryx
Oracle people soft
MS Office
Onestream

Social Profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.

Languages

English
Intermediate
Hindi
Intermediate
Marathi
Intermediate
Kannada
Native Speaker

Memberships

The Institute of Chartered Accountants of India
  • ACA
  • June 2011

Training and Certifications

Diploma in IFRS (Training)
Training Institute:
ACCA (UK)
Date Attended:
June 2019

Hobbies

  • Cricket and many other sports
    I play almost every sports in my liesure time. Lead all team games as a captain and have won many matches under my captaincy. Recently won Cricket, Kabbadi & Throw ball matches under my Captaincy.
  • Trekking & knowing facts about Forts
    I like trekking and almost trekked around 50-60 in & around Sahyadri ranges. Like to go around Forts and know about the facts.
  • Karate & Mixed Martial Arts
    Recently in 2023 represented India in Karate world championship and bagged Silver medal in Karate organized by WKA. In 2021 & 2022, Continously bagged Gold medal in the National Karate Championship.