Abhay Kaul

Summary

Experienced finance professional with a solid 15-year track record in record-to-report and financial reporting for the banking and insurance industries. Skilled in handling diverse products including investments, derivatives, securitization, property and casualty insurance. Proficient in analyzing complex financial data and providing accurate reports to support decision-making processes. Detail-oriented with a strong understanding of industry regulations and compliance requirements. Committed to delivering high-quality results and driving organizational success through effective financial management.

Overview

14

years of professional experience

1

year of post-secondary education

Work History

ASSISTANT VICE PRESIDENT

Swiss Re GBS India Private Limited

06.2021 - Current

Completed Quarterly Return form for Canada Branch in compliance with IFRS 4 and IFRS 17.
Transitioned financial data from IFRS 4 to IFRS 17 with thorough number substantiation in both Sub ledger and General ledger.
Drafted comprehensive variance analysis for the full branch in chief agent reports.
Ensured seamless progression of audit processes by effectively assisting auditors during Quarterly and Annual reviews.
Monitored and confirmed the appropriateness of control systems.
Ensured accuracy in preparing statutory accounts, including branch valuation bookings.
Analyzed financial outcomes while sourcing data from collaborating teams.

MANAGER

Wipro Limited

12.2020 - 06.2021

Managed accounting operations, including journal entries, reconciliations invoice processing for Real estate Mutual Funds
Preparation and review of financial statement of 60 entities as per IFRS, HKRS
Preparation and review of Cash and Net Asset Value (NAV) Analysis and Adjusted Net Income (ANI) and Net operating Income (NOI) Reporting for 17 projects
Evaluated employees' strengths and assigned tasks based upon experience and training

SERVICE DELIVERY MANAGER

GENPACT INDIA PVT LTD

03.2012 - 11.2020

Reporting Change Management: FFIEC 031 (Call Reports) - RC (Reports of Condition for bank's foreign and domestic offices for two Legal Entities), RC-E (Deposit Liabilities), RC-Q (Fair value of Assets & Liabilities measured at Recurring basis) etc
Mapping of new GLs and creation of new reporting lines as per instruction of multiple regulators like OCC, FRB etc on quarterly
Analysing instruction changes for call reports and coordinating with LOBs to assess the impact and creation of IT requirements to implement those changes in accounting schema
Corporate Debt & Securitization Reporting: Responsible for Accounting & Reconciliation of all Asset-Backed Securities (Securitized Debt) & Corporate Debt
(Unsecured) like Bank/Parent Notes, MMDA, FHLB, Certificate of Deposit, 10D filing, Calculation of interest and Principal to be distributed to Investors
Major Activities include: All unsecured Debt and COMET Trust Portfolio Reconciliation, posting and approving entries related to Distribution, Issuance, termination, maturity, and Fees, Bank Note Roll forward report, Borrowing Footnote, Monthly Trust Reporting for all Capital One trusts, Distribution of interest and principal to noteholders, Auto Securitization Reporting etc
Investment Accounting: Responsible for Accounting & Reconciliation of all the investments that Capital One has done in MBS, CMBs, ABS, Government Bonds, Treasury Bills (Portfolios Size $85 Billion)
Major Activities include: AFS and HTM Portfolio Reconciliation, FAS 115 Reconciliation (OCI) & Deferred Tax Entries, Principal loss, FHLB Dividend Accruals & Trade adjustment Entries, Roll Forward reports, Loss Classification, Income Data Analytics & CUSIP Level Analytics and Performing revaluation of Other than Temporary Impairment (OTTI) investments (now as per CECL)
Derivative Accounting: Responsible for Accounting & Reconciliation of Derivatives that includes Fair Value Hedges, Cash Flow Hedges, Net Investment Hedges & free-standing Hedges (Portfolios Size Notional $225 Billion)
Major Activities include FAS 133 Reconciliation & Deferred tax entries, Swap Settlements & Interest Accruals, Pre-terminations & Margin Money Entries, Transaction Gain / Loss Analysis & P/L Analytics, COMET & Broker CD Fair value Analysis etc
Preparing Variance explanation for portfolio on monthly, quarterly, or yearly basis for Capital One Management review
Prepare investment, Debt and Derivative portfolio footnotes for 10K and 10Q reporting
Booking of Regulatory Ledger (Using PIT accounts & Reg
Codes) entries for regulatory team

AUDIT EXECUTIVE

MEHRA GOEL AND CO

01.2011 - 08.2011

Live audit on following critical control points: Purchase Orders Processing, Costing, Billing, HR policies& procedures
Reviewing of management policies and Compliance of Internal Controls
Reporting to Management Team on Monthly Basis
Evaluation of system generated reports

Education

Certification in Applied Finance - undefined

Indian Institute of Management

09.2023 - Current

Executive Post Graduate Diploma in Finance - Finance

Institute Of Management and Technology, Ghaziabad

No Degree: Accounting and Finance

Bachelor of Commerce - Accounting, Finance

Dyal Singh College, Delhi

Skills

IFRS 17

Client relationship management

Operations support

Project creation

Training and coaching

Microsoft Office

Analytical skills

Organization and Time management

Transitions

Operations Management

Accomplishments

Awarded as best team lead in process.
Got Awarded 6 times by Client for Customer Centricity & Outstanding Performance.
Achieved 12 times Team awards.

Visas

Canada Visa Valid till 03/2027

Personal Information

Date of Birth: 04/10/86
Marital Status: Married

Father'sname

Late Shri Avtar Krishen Kaul

Timeline

Indian Institute of Management - Certification in Applied Finance,

09.2023 - Current

ASSISTANT VICE PRESIDENT - Swiss Re GBS India Private Limited

06.2021 - Current

MANAGER - Wipro Limited

12.2020 - 06.2021

SERVICE DELIVERY MANAGER - GENPACT INDIA PVT LTD