Summary
Overview
Work History
Education
Skills
Certification
PERSONAL DETAILS
Timeline
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Deepak Singhal

Deepak Singhal

Delhi

Summary

Results-driven Finance and Audit professional with over 25 years of experience in Finance Operations, Audit, Process Management, and System Implementation within large financial institutions. Expertise in Statutory Reporting, Financial Controls, Accounts Payable/Receivable, Reconciliations, and ERP systems under IGAAP, IND AS, and US GAAP frameworks. Proven track record in strengthening internal controls, driving audit readiness, and ensuring accurate and compliant financial reporting across multiple entities. Skilled in process optimization, cost control, and implementation of Oracle Financials (R12) and Oracle Fusion ERP, aligning finance functions with organizational goals.

Overview

30
30
years of professional experience
1
1
Certification

Work History

Assistant Vice President – Finance

CLIX Capital Services Pvt. Ltd.
05.2012 - Current
  • Company Overview: formerly GE Capital Services India
  • Lead Finance Operations and Accounts Payable for two legal entities under CLIX Capital, ensuring control, accuracy, and compliance.
  • Conduct statutory audits and limited reviews for expenses, payables, receivables, and income areas, ensuring compliance and timely closure.
  • Manage OPEX analysis and reporting under IGAAP and INDAS.
  • Implemented Oracle Financials (ERP) in 2017 and Oracle Fusion Cloud ERP in 2021, embedding automation and audit traceability.
  • Drive income recognition and monthly schedules for management reporting.
  • Manage inter-company transactions, reconciliations, and corporate reporting.
  • Supervise fixed asset accounting and reconciliation per IGAAP and US Accounting Policy, including capitalization, verification, and insurance.
  • Enforce accounting policies, control procedures, and regulatory compliance, maintaining audit readiness.
  • Evaluate processes, identify control gaps, and implement improvements to enhance operational efficiency.
  • Formerly GE Capital Services India
  • Key member of GE Center of Excellence, managing reconciliations for CDF China Business.
  • Delivered cost-benefit and productivity reports, improving financial visibility.
  • Awards: Apr’17: Achievers Award – $50K cost savings through alternate payment solution post-GE separation.
  • Dec’17: Achievers Award – Successful implementation of Oracle ERP.
  • Mar’22: Achievers Award – Successful Oracle Fusion implementation.

Assistant Vice President - Finanace

CitiFinancial Consumer Finance India Ltd.
09.2008 - 05.2012
  • Managed RBI regulatory reporting with full adherence to NBFC and compliance norms.
  • Oversaw statutory audits and limited reviews within prescribed timelines.
  • Led P&L and Balance Sheet reporting and analysis as per IGAAP.
  • Performed OPEX and revenue reconciliations, aligning IGAAP and US GAAP results.
  • Ensured accurate customer transaction accounting and sub-system integrity.
  • Managed fixed asset accounting and reporting per IGAAP and US policy.
  • Ensured timely, accurate financial submissions to Citi Bank and RBI.
  • Highlight: Bravo Award – Completed statutory audit ahead of deadline with zero audit exceptions.

Senior Finance Manager

GE Capital Business Process Management Services Pvt. Ltd.
05.2000 - 09.2008
  • Conducted variance analysis of CapEx and OpEx vs budgets for financial control.
  • Managed balance sheet reconciliations per GE corporate standards.
  • Led CMP and Vision Plus reconciliations across 27 collection centres.
  • Oversaw cash flow and VISA/MasterCard settlements exceeding ₹500 crores monthly.
  • Developed process maps for Accounts Payable, Fixed Assets, and Third-Party Billing.
  • Key contributor to Oracle Migration (11.03 → 11i → R12), Buy-to-Pay, and Bank Reconciliation System projects.
  • Automated lease rental payments, telephone tracking, and balance transfer systems, improving efficiency and control.
  • Highlights: Multiple recognitions including Achievers, Extra Miler, Management, and Spot Awards for statutory audit completion, US books closing, and system automation.
  • Consistently achieved audit readiness and compliance excellence through process standardization.

Accounts Assistant

Jonson Rubber Industries
03.1998 - 05.2000

Accounts Trainee

Chander Parkash & Co. (Chartered Accountants)
08.1995 - 02.1998

Education

Bachelor of Commerce (B.Com) -

Delhi University
Delhi
01.1998

Skills

  • Financial & Management Accounting
  • Internal Controls & Audit Compliance
  • Accounts Payable / Receivable Operations
  • Financial Reporting (IGAAP / IND AS / US GAAP)
  • ERP Implementation (Oracle R12 / Fusion)
  • Fixed Assets & Capex/Opex Management
  • Stakeholder & Cross-Functional Collaboration

Certification

  • Developing Leadership Excellence Program – Leadership Skills & Qualities
  • Foundation of Leadership Excellence
  • Operational Accounting Training – GE Way of Operational Accounting & Reporting

PERSONAL DETAILS

  • DOB - 21 November 1978

Timeline

Assistant Vice President – Finance

CLIX Capital Services Pvt. Ltd.
05.2012 - Current

Assistant Vice President - Finanace

CitiFinancial Consumer Finance India Ltd.
09.2008 - 05.2012

Senior Finance Manager

GE Capital Business Process Management Services Pvt. Ltd.
05.2000 - 09.2008

Accounts Assistant

Jonson Rubber Industries
03.1998 - 05.2000

Accounts Trainee

Chander Parkash & Co. (Chartered Accountants)
08.1995 - 02.1998

Bachelor of Commerce (B.Com) -

Delhi University

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Deepak Singhal