GAGAN CHHETRI
Pune,MH
Summary
Financial Manager with 13+ years of experience in External reporting, Forecasting, Budgeting, GAAP & Statutory Reporting domains. Strong understanding and knowledge of accounting principles and accounting software. Proficient in communication with all departments. Dedicated to complying with all reporting requirements. Exceptional decision-making and problem-solving skills.
Overview
13
13
years of professional experience
Work History
Team Leader
VOYA India
06.2021 - Current
- Responsible for preparing and compiling US GAAP disclosures included in Forms 10-Q/K for our SEC registrant Voya Financial and its subsidiaries through an execution of companies policies, procedures, and controls.
- Responsible for preparing work papers for multiple disclosures mentioned as follows: 1) Legal Reserves 2) Related Party 3) Commitments & Contingencies 4) Income Taxes 5) CAJE 6) Off Balance Sheet Arrangement 7) Financing Agreements.
- Developing and utilizing various analytical reports and procedures to assist with understanding and validation of certain US GAAP disclosures. Preparing various analytical files to support completeness and accuracy of our financial reports.
- Performing 1st level review of US GAAP disclosures prepared by other GAAP team members and ensuring adherence to reporting protocols. Interacting, communicating and liaising with other functional departments like Tax Team, Treasury Team etc. to ensure quality, accuracy and completeness of financial reporting disclosures included in Forms 10-Q and 10K.
- Interacting with internal and external auditors as needed for any support and queries.
- Apart from BAU deliverables responsible for Managerial duties like approving leaves, approving timesheets, conducting monthly meetings with direct reports, preparing SLA Governance decks and other tasks which are required from Team Leader
Associate Director
UBS
08.2017 - 05.2021
- Responsible for the overall cost allocations of 2 Business Divisions of UBS i.e. Global Wealth Management and Personal & Corporate Banking.
- Responsible for preparing timely and accurate monthly cost reports and investigate significant variances compared to previous months actuals or Plan and coordinate with submitters and onshore teams to resolve all open items.
- Responsible for analyzing estimate vs. actual and prepare M-o-M and Q-o-Q commentaries on monthly and quarterly basis. Highlight quality issues and make summary per provider of significant moves.
- Preparing various analytical reports such as Cost Attributions Report, Business Area Report, Posting Journals etc. to monitor and ensure smooth flow of cost allocation process.
- Responsible for the submissions process required for preparing 3YSP decks for GWM and P&C after liaising with different Service Providers.
- Taking caring of Account and Functional structure hierarchies for Cost Allocation SLAs of 2 Business Divisions (GWM and P&C)
Senior Analyst
Deutsche Bank
04.2016 - 08.2017
- Responsible for preparation of Disclosure/Note 14 i.e. Financial Instruments carried at Fair value under the purview of IFRS13 Fair Value Measurement. Note 14 is a part of notes to accounts for DB’s Balance Sheet.
- Responsible for presenting the numbers for Level 3 assets which is a major check in Note 14 Disclosure to the Global Head.
- Assists KPMG auditors in audit related queries related to Note 14 of the financial statements.
- Handling IFRS13 Tracking process which runs parallel with the Note14 Disclosure timelines. Any individual who is responsible for submitting Level 3 numbers has to perform some assigned tasks in IBM BPM tool. IFRS13 Tracking Process was set up because of the audit point raised by KPMG in 2011 where every business performer has to provide a sign off to their tasks & responsibilities. Teams involved in the process are GVG, FD & PC.
- Coordinating with around 300 task performers over emails, OCS and phone in order to get their tasks completed within the stipulated timelines.
Lead Analyst
American Express
04.2014 - 04.2016
- Worked with "American Express" as Lead Analyst in External Reporting team for 2 years
- Supporting the External Reporting Team in timely delivery of all 10 – Q/K submissions by preparing and consolidating (monthly/quarterly/yearly) in accordance to US GAAP or SEC Instructions.
- Supporting Regulatory & SEC Reporting team by preparing and consolidating all regulatory requirements for Bank Holding Company such as Basel II Cash, Y-11, Y-009, Y- 9C and CF-15 reports
- Responsible for preparing and filling surveys such as Annual survey, Debt survey, International trade survey etc for Singapore market which requires analysis of financial statements.
- Responsible for preparing yearend tax packages for all the markets, which involve maintaining and analysis of every account of financial statements.
- Responsible for maintaining / drafting the SOP’s or Desk instructions of the processes.
Senior Analyst
Genpact
01.2011 - 03.2014
- Worked with "Genpact" as Senior Analyst for GE clients in a Financial Spreading profile under Credit Risk Team for 3 years & 3 months
- Independently managing a portfolio of 80 companies by tracking the financials in HSF, a customer provided model
- Detailed analysis of the financial statements of past three years of the companies including the current year statements and after considering the companies' future plans
- Detailed analysis of the financial statements on a monthly / quarterly basis. Analysis involves financial spreading on HYPERION STRATEGIC FINANCE (HSF), ratio analysis, reconciliation of the actual EBITDA and the compliance EDITDA, monitoring the Covenants
- Responsible for quality check of the output of the financial spreads done by the team and to ensure compliance to the process performance standards
- E2E process includes managing the portfolio for GE clients; receiving the financials through public (SEC)/Private Sites/E-Mails; Spreading those financials on the tool (Hyperion); preparing EBITDA excel spreadsheets; analyzing the net result and communicating the same to the Client
Education
MBA - Finance
Institute of Management & Technology
Ghaziabad, UP06.2014
BCOM (Pass) - Finance
National School Of Open Learning, University of Delhi
New Delhi, DL11.2010
Skills
- Expertise in GAAP accounting
- Data Analysis
- Financial Planning
- Variance Analysis
- Cost Data Analysis
- Management experience
Accomplishments
- Awarded with many Bronze awards(Genpact) and Blue Rewards (American Express) for good customer connect and meeting process deliverables on time
- Genpact: Won "Shooting Star Award" for the best performance across the SDO level within all the new joiners in the year 2011
- American Express: Our 7 members team was awarded with 'Blue Rewards' for successful completion of 'Tax Packages' Project.
- Deutsche Bank: Received Spot award for exemplary performance within third month of joining
- Got promotions in Genpact, American Express and UBS
- Given multiple improvement ideas in all the organizations that I worked with
- Member of Corporate cricket teams for Genpact, Deutsche Bank and UBS
Personal Information
- Father's Name: Mr. Tilak Chhetri
- Notice Period: 90 days
- Date of Birth: 11/07/89
- Nationality: Indian
- Marital Status: Single
Languages
English
Advanced (C1)
Hindi
Advanced (C1)
Timeline
Team Leader
VOYA India
06.2021 - Current
Associate Director
UBS
08.2017 - 05.2021
Senior Analyst
Deutsche Bank
04.2016 - 08.2017
Lead Analyst
American Express
04.2014 - 04.2016
Senior Analyst
Genpact
01.2011 - 03.2014
MBA - Finance
Institute of Management & Technology
BCOM (Pass) - Finance
National School Of Open Learning, University of Delhi
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