Sr. Consultant
EY
Total years of experience :15 years, 4 Months
Reporting directly to Finance Head
•Regulated Finance operation including financial accounting and reporting, treasury, MIS, monitored branch operation and reporting and regulatory reporting
•Ensuring internal control and compliance to all established policies and procedures within the Finance and accounting, compliance to Corporate and other laws (CMA) applicable to General & Life Insurance Companies
•Grounding of monthly financials and management reports apart from quarterly and annually financials (IFRS) and filing the preliminary results and annual results to the Regulators
•Ensure completion of statutory and internal audits, declaration of financial results, tax assessments, Statutory returns within standard time norms and ensure speedy closure of any issue highlighted in the audits
•Other commercial responsibility including supervise receivable and payable, Claim payment, Utilities, bank.reconciliation, control of branch operation and performance.
•Implement on the job training for new starters.
•Maintaining excellent peer relation within the dept and within the organization to achieve the targeted results on time.
Key Achievements
•Successfully submitted annual reports and returns of 2018 to CMA
•Leading IFRS 17 implementation and VAT project
•Successfully prepared Investment module, receivable management and Reinsurance payments and MIS control module which include branch performance, and which are more effective, automated, permissive reporting and detailed
Reported directly to Country Head
•Prepared IFRS financial statements on monthly basis and performed monthly dashboard and discussed it with Group on various matter like accounting process issues and action, Summary P&L, variance analysis on financial statements.
•Regulated Management accounting and reporting, Consolidation, Re-insurance, Investment Assets and Regulatory reporting team, setting objectives, taking regular 1-2-1 with direct reports, appraisal discussion and finalization and handling queries
•Compliance of various IFC controls, Variance analysis and reporting, Multi-GAAP accounting and reconciliation
•Reviewed of Payable and Receivable, Intercompany transaction, expenses accounting and reporting
•Performed Budget and forecasting, submission of various MIS and management reports to the management. Track progress against budgets and forecast by partners and team on monthly basis.
•Prepared investment asset reporting, supervised maintenance of Fixed Register, Consolidation of financials and non-financial data and disclosure along with activity indicator
•Liaised with Group auditors & risk team for any queries and analyzed & resolved it in a time bound manner
Key Achievements
•Successfully implemented and stabilized first time live run of Solvency II Pillar 3 reporting for AXA Asia without any error and adhere with the regulator’s timeline.
•Contributed towards the establishment of Investment Assets, Regulatory reporting and Reporting and Governance process of AXA Asia as a part of PBR Asia.
•Was a part of IFRS 9 implementation project. Also offered trainings to other colleagues of PBR Asia on ongoing projects about economic Balance Sheet and financial reports preparation.
•Achieved ‘Excellent Rating’ for Yearly Performance Review and got appreciation from higher management
Reported directly to VP-Finance.
•Prepared financial statements and schedules of UL funds, also, prepare various analysis reports of Investment for management discussion.
•Managed Treasury and Finance function including cash flow management, credit control of investment operation, managing cash flow, loans, working capital, deal settlement, Investment holding comparison, MIS reporting.
•Liaised with FO and Mutual Funds for daily Investment and other corporate finance actions like short term and long-term investment.
•Computation of NAV and implementation Traditional NAV in the system. Prepare master NAV file of Unit Linked portfolios for cross verify with system
•Reviewed securities valuations & accounting of securities, managing of trade settlement, dealing with FO, Custodian, Concurrent auditor and other finance team on daily basis.
•Monitored & prepared various reports & exposures and Compliance as per guidelines set by IRDA
•Analyzed expenses & provision on MTD/ YTD basis, Variance analysis, settled year-end queries
•Conducted appraisals and performance reviews.
Key Achievements
•Successfully executed of various projects of accounting and reporting, benchmarking of financials, Funds Cash Flows, successfully engineered traditional NAV in system & pioneered the UL NAV process.
•Formulated projects like product testing and implementation, revamped & simplified the various reports and process like pricing automation, restructure the cash flow process, corporate action automation.
•Earned promotion and various prestigious awards in this journey for my dedication and hard work
Reported directly to Partner.
•Examined, preparation & finalization of clients’ financial statements, conducting & finalizing various type of Audit.
•Handled Income tax cases along assessed computation of total income including preparation & filing of returns under Income Tax Act
Key responsibilities included corporate / individual taxation, Accounting & Auditing processes and ROC filings.
•Prepared Audit plan and lead Audit team, done internal and Statutory auditing including service tax audits
(A&F)
Chartered Accountant