Gaurav Verma
Chartered Accountant
Gurugram,HR
Summary
Versatile Senior Manager specializing in Finance/Accounting and Product control skilled at planning, implementing and overseeing key improvements to drive business growth and efficiency. History of cultivating an open culture with free exchange of information. Pursuing new professional challenges with a growth-oriented company. I have successfully led projects, managed teams, and implemented solutions that drive efficiency and savings. I am committed to excellence, bringing sincerity and a results-driven attitude to every role I undertake.
Overview
17
17
years of professional experience
3
3
Languages
Work History
Senior Manager
Bank of America
08.2019 - Current
- Responsible for the consolidation and analysis of variable interest entities submission for 10-K/10-Q in Note 6 (Securitization and Other Variable Interest Entities) for U.S. global markets.
- Discussion with the accounting policy and legal team to make decisions on special purpose vehicles.
- Responsible for the consolidation of fair value opted loans held for sale and held for investments for global markets for submission to the Reg team to be disclosed in the Y9C report.
- Responsible for SOX meetings with Corp Audit, the SOX team, and Accounting policy.
- Responsible for providing the FTP estimates for global markets, and posting collateral allocation and netting entries.
Deputy Manager
HCL Technologies
04.2015 - 08.2019
- Validating commentaries on BS and P&L lines for banking products on a monthly and quarterly basis.
- Analyzing various components of the daily P&L for accuracy using various reports, curves, and bips, including market color.
- Preparation of monthly, quarterly, and yearly BS and P&L packs for submission to financial controllers.
- Extensive contact with senior members of Product Control, Accounting Policy, Regional Control, Financial Control, Valuation Control, and the Structured Product Desk.
- Monthly meetings with the onshore team to address any changes in the commentary requirements.
- Mentored junior staff members on best practices for project management and team collaboration skills, fostering a supportive work environment.
- I went to London on an international assignment for the transition of work for close to two months.
Associate I
The Royal Bank of Scotland
05.2012 - 04.2015
- Balance sheet substantiation of the intercompany balances on a monthly basis. Receiving the balance confirmation from counterparties on a regular basis.
- Ensuring the timely production of all the month-end work. Investigation and resolving day-to-day P&L issues.
- Establishing a close working relationship with the respective trading personnel while maintaining strong internal control mechanisms.
- Responsible for supporting and coaching less-experienced members of the team.
- I went to Dublin on an international assignment for the transition of work for three months.
Executive
Hongkong and Shanghai Banking Corporation
12.2009 - 05.2012
- Preparation of daily reconciliation, wherein we ensure that all the trades entered on a particular trade date in the front office system are properly accounted for in the general ledger.
- Investigation and correction of reconciliation breaks involving communication with other operations, IT, and posting the manual journal to correct the GL to make it consistent with front office figures.
- Preparation of the daily dashboards, wherein we report to the management all the cash, and the mark-to-market breaks for all the products.
- I went to London on an international assignment for the transition of work for close to three months.
Sr. Associate Finance
Accenture services
10.2008 - 12.2009
- Analyzing the artist ledger in the RAS and VRS system, and tracking the movement in the ledger accounts.
- Preparation of cash flow statements, comparing the actuals with the forecasted amounts, and analyzing the variances.
Education
Chartered Accountant -
ICAI
India05.2008
B.Com - undefined
Delhi University
India01.2004
CBSE - undefined
India01.2001
Skills
Product/Accounting and financial control
Timeline
Senior Manager
Bank of America
08.2019 - Current
Deputy Manager
HCL Technologies
04.2015 - 08.2019
Associate I
The Royal Bank of Scotland
05.2012 - 04.2015
Executive
Hongkong and Shanghai Banking Corporation
12.2009 - 05.2012
Sr. Associate Finance
Accenture services
10.2008 - 12.2009
B.Com - undefined
Delhi University
CBSE - undefined
Chartered Accountant -
ICAI