Bhanu Venkata Prasad Gatti

Key Result Areas:

• Collaborated with the Project Lead to architect the enterprise-wide Target Operating Model for Balance Sheet account reconciliation and substantiation, ensuring alignment with best practices and regulatory requirements.
• Spearheaded transformation initiatives, including process automation and continuous improvement projects, to drive operational efficiency and support scalable growth across the organization.
• Enhanced audit readiness and reinforced the control environment by implementing robust governance frameworks and risk mitigation strategies.

Highlights: As AVP - BSRS

• Conducted a comprehensive review of the current Balance Sheet Account reconciliation and substantiation process, identifying technical challenges and collaborating with the Project Lead to design a bank-wide Target Operating Model. Perform multi-dimensional data analysis to evaluate existing account ownership and recommend optimized ownership structures.
• Analyzed account behavioral patterns to pinpoint automation opportunities.
• Developed a robust, automated Management Information (MI) model to enhance the effectiveness of the Balance Sheet Reconciliation and substantiation (BSRS) process.
• Evaluating tooling requirements and capabilities to select optimal solutions for end-to-end BSRS and process automation.
• Executed assurance reviews, conducting in-depth process analysis to validate account balance integrity, aged balance Clearance, exception reporting, and resolution.
• Oversaw system reviews, validated data, maintained accounts, and ensured compliance with policy frameworks.
• Liaise with Financial Controllers, subject matter experts, and stakeholders to present analytical findings and drive remediation initiatives.
• Collaborate with cross-functional teams-including Finance Operations, Finance Change, Finance Controllers, and the Finance Chief Control Office-to ensure alignment with project objectives.

Key Result Areas:

• Monitored service delivery based on performance level agreements (PLAs) with business partners.
• Conducted client engagement calls to clarify requirements and resolve issues.
• Implemented strategies to enhance customer satisfaction and reduce manual errors.
• Provided first-line customer support by addressing queries within service level agreements (SLAs).

Highlights: As Manager

• Created and reviewed standard operating procedures, ensuring annual sign-off of all PLAs.
• Participated in month-end close activities, including journal reconciliations and reporting.
• Designed and managed US funds and equity performance reports with monthly, quarterly, and annual reviews.
• Evaluated trial balance movements, recognizing abnormalities and providing commentary.

Projects Managed:

• Project: Xceptor (Automation Tool) implement for Severance accounting
• Transition: USA Migration for Private Equity Accounting, Severance, SBP

• Led team of six members in managing financial and accounting operations.
• Prepared and reviewed month-end close activities, including journal reconciliations and reporting.
• Authorized and processed daily accounting transactions while maintaining effective controls.
• Completed daily bank reconciliations for main and subsidiary accounts, ensuring accuracy.
• Managed payroll control and advance salary accounts, monitoring compliance.
• Supervised audit processes to ensure smooth execution and compliance with group policies.
• Scheduled workflows and job roles for team to enhance operational efficiency.
• Responded to queries from offshore and onshore controllers, assisting with ad hoc requests.

Projects Managed:

• Global Finance Center Reconciliation Improvement Project (GRIP)
• MOSAIC - Automation /Elimination of redundancies

• Monitored accounts receivable and payable, ensuring timely collections and payments in SAP environment.
• Managed service tax, TDS liability accounting, and VAT calculations, ensuring accurate record-keeping.
• Evaluated general ledger accounting for assets, stock, bank, and insurance.
• Supervised reconciliation of open items in insurance receivable ledger with financial records.
• Conducted business performance analysis through cost comparisons and income leakage trend identification.
• Led budget tool projects in SAP, focusing on WMS & DMS and COPA report development.
• Drafted MIS reports on service tax liabilities and statutory compliance, filing necessary documentation.
• Maintained asset registers and performed inventory verifications through surprise counts and monthly checks.