Ashish Jasuja
Katni
Summary
Post-Graduation in Banking & Finance from SIBM Pune and CA-Finalist (Cleared IPCC both groups, CA finals both group appeared).
Forward-thinking team leader skilled at operating departments efficiently to meet goals. Successful background matching employees with roles for maximum performance. Proactive and hardworking individual focused on continuous operational improvement.
Results-driven Associate with 11 years (3 years Articleship and 8 Year of industry) of experienced in financial statement review, experience in auditing, accounting, taxation, finance, controllership roles, business management and good hands on IFRS and US GAAP, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach.
Overview
8
8
years of professional experience
Work History
Associate
JP Morgan Chase
07.2022 - Current
- Validating and reviewing Daily P&L/Risk process (i.e. T0-T1 : Actual vs Estimates) and Regional/Global management reporting.
- Validating & reviewing daily system to system reconciliation and monitoring various corporate feeds relating to CIO & Treasury.
- Worked on Market Risk related monitoring & controls- includes updating/monitoring of risk limits, report clean P&L for VaR back testing, various risk reporting.
- Contributed to New Business initiatives including active participation to on-board a new product & defining MO work flow, analysis/advice around booking strategies & operational procedures.
- Worked in close partnership with Market Risk, Business Management, Trade support, Financial controllers, VCG, Technology, PMO & other regional MO to ensure adequate controls on overall P&L & Risk numbers.
- Participated and contributed to firm-wide initiatives which includes global projects (Digitization) on re-engineering risk management & back office system, improvement on reporting analytics on market, credit & country related.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Responsible for monitoring/reporting for AWM business which includes key business metrics and includes Revenues, Balances, Client, headcount, and expenses.
- Providing profitability analysis for Asset Management business by creating relevant, Profitability maps, Interview Maps, Sponsorship Maps and Report category maps at cost center level and reporting to CFO’s PnA.
- Calculating month end actual results and forecasting for remainder months, which further contributes in comparison analysis between Budget, Forecast and Actuals scenarios.
- Responsible for creating various business models (used for exp allocation) and testing its result and reporting expense allocations to stakeholders.
- Continuously supported and consulted Digitization projects across AWM with Alteryx, Tableau, Python etc.
- Reporting Quarterly Profitability analysis to various CFO’s.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
Product Control
UBS
01.2021 - 07.2022
- Performing P&L analytics and providing P&L explanation and commentary to senior management, FA and PC reporting team
- Provided financial oversight of profit & loss to ensure accurate financial reporting to business and accurate and timely forecasting
- Improved ongoing processes and ensured implementation of overall financial architecture by hosting a monthly Accounting and Control meeting
- Provided analytical support to business CFO, business managers and other cross functional teams
- Provided senior management with insightful commentaries on business performance through interface with traders, business line management and operations personnel
- Trained and supervised staff on various daily and monthly controllership functions
- Served as business lead for strategic Pnl automation projects & completed 100% DIY (Alteryx) front to back Pnl automation & consolidating multiple month end reconciliations with optimized control reports and reporting processes
- Participated in strategic systems design, testing and implementations.
Senior Associate
PricewaterhouseCoopers Pvt. Ltd. (PwC)
11.2019 - 01.2021
- Involving in all stages of audit (planning, execution, and completion) and the ability to guide a team of junior staff on engagements
- Conducting test of details and controls of fixed asset, inventory, other asset additions, interest income/expense, NAV calculations, distributions fees and dividends including understanding policies, auditing procedures, and evaluation of qualitative terms of various Asset Wealth Management entities and Hedge Fund entities
- Prepare document based on audit policy and standard templates, including information gathering and population of templates and documents
- Working with various automation tools (Alteryx, Tableau, UI Path) to incorporate efficiency in various assurance testing
- Working on Audit 360, enhance reporting tool to perform FSTO, Derivatives testing for various Master and Sleeve funds.
Legal Entity Controller
Credit Suisse Services (India) Private Limited
08.2016 - 10.2019
- Performing the monthly accounting, analysis and financial reporting of CS entities, Asset management entities, their Holding Companies and other Companies as a Legal Entity Controller (USGAAP)
- Analyzing LOCOM adjustments and Swiss GAAP adjustments schedules for tax calculations for PE entities
- Impairment analysis on investments and accounting for Reparenting of subsidiaries and Dividend distribution
- Equity Pick up analysis of Investments and quarterly investment schedule filling to senior stakeholder
- Analytical review and preparation of various management reports, Board packs, Tax pack and Reg-reports (Ro Packages) for the Luxemburg Asset management entities
- Analytical review and variance analysis with detailed commentary over the months and quarters for all the entities
- Performing Intercompany reconciliation and break investigation to report material variance and coordinating with appropriate team to perform root cause analysis
- Reporting of reviewed numbers on the reporting platform and commentaries on variances for various MIS, internal and regulatory reporting
- Analyzing the exposure standing in the books and working for hedging instructions to the business
- Working on IFRS 9 impairment for CS Finance Guernsey and other entities
- Performing in-depth financial analysis of monthly performance of CS Invest Lab, SVC Investments, Merban Equity, CS LP holding, CS Finance Guernsey, CS Fund Management, CS Fund Services, Multi-concept Fund Management, Hotel Savoy, Real estate Tivoli and Fides Treasury Services
- Prepared weekly and monthly status reports in various deferred tax calculations (DTA & DTL) to the stakeholders
- Active participation in Projects such as manual journal entries and SOP standardization.
ARTICLE ASSISTANCE
R Venkatakrishnan & Associates, D.K. Asawa & Co.
- Planning, Team management, Finalization of Statutory Audit, Internal & Tax Audit
- An excellent understanding of the technical aspects of accounting and taxation
- Conducting verifications of various books of accounts to detect any possible fraud and ensuring that accounts prepared conform to Accounting Standards
- Evaluating internal control systems / procedures/ processes, with a view to highlight short comings and implement necessary recommendations
- Assessing the client’s exposure to various risks, identifying major risk areas and evaluating the strategies for risk management
- Generating reports on internal controls, audit findings and recommendations to the management
- Guidance to clients on compilations of Standard Operating Procedures & policies
- Internal audit area Supply chain management Sales to collection Monthly financial KPI review IT Implementation of education institute IT security review IT access rights review Inventory review HR and Payroll Logistics
- Industry Covered: Splash Gain Technology Ltd., AMC cookware India Pvt limited., Electron Digitals Hong Kong Ltd., Appear Inc., Stay On LLP, Tewton Edu-system LLP, DSMG department of ICICI bank: - Internal audit of 4 states (A.P, T.N., Kerala, Karnataka), General Insurance, APIDC venture capital limited, Coslight India Pvt Ltd (Manufacturer of lithium ion).
Education
IPBA Program On Data Analytics With IIMs Indore. -
Indian Institute of Management (Indore)
Post-Graduation in Banking & Finance - undefined
Symbiosis institute of business management, SIBM, Pune
Academics in Chartered Accountancy - undefined
Institute of Chartered Accountants of India
Bachelor’s in commerce - undefined
Indira Gandhi National Open University
Higher Secondary Certificate - undefined
CBSE (Central Board of Senior Education)
Skills
- Alteryx & Power BI Expertise (Certified Expertise)
- Well versed with Hyperion Essbase, MS office, Advanced Excel
- Basic Knowledge on SQL, XML and Python
- Working knowledge of Oracle & SAP
- Stakeholder Management
- Profitability analysis
- Internal Controls
- Critical Thinking
- Decision-Making
- Prioritizing and Planning
- Relationship Building
Languages
English
Hindi
Sindhi
Timeline
Associate
JP Morgan Chase
07.2022 - Current
Product Control
UBS
01.2021 - 07.2022
Senior Associate
PricewaterhouseCoopers Pvt. Ltd. (PwC)
11.2019 - 01.2021
Legal Entity Controller
Credit Suisse Services (India) Private Limited
08.2016 - 10.2019
ARTICLE ASSISTANCE
R Venkatakrishnan & Associates, D.K. Asawa & Co.
IPBA Program On Data Analytics With IIMs Indore. -
Indian Institute of Management (Indore)
Post-Graduation in Banking & Finance - undefined
Symbiosis institute of business management, SIBM, Pune
Academics in Chartered Accountancy - undefined
Institute of Chartered Accountants of India
Bachelor’s in commerce - undefined
Indira Gandhi National Open University
Higher Secondary Certificate - undefined
CBSE (Central Board of Senior Education)