Summary
Overview
Work History
Education
Skills
Accomplishments
Visa And International Exposure
Languages
Websites
References
Timeline
Generic
Geetha Prakash

Geetha Prakash

Bangalore

Summary

Finance professional with extensive experience at AXA XL, specializing in IFRS implementation and financial reporting. Demonstrated success in driving process improvements and managing audit engagements. Proficient in HFM, with strong leadership skills to mentor teams and enhance financial analysis. Committed to delivering accurate and timely financial insights.

Overview

15
15
years of professional experience

Work History

Group Reporting Finance Manager

AXA XL Business Services Pvt Ltd
Bangalore
12.2020 - Current
  • Customized ERP products for corporate financial consolidations and disclosures under GAAP, and implemented IFRS 17 and IFRS 9.
  • Reviewed the preparation of IFRS Consolidated Financial statements, ensuring accuracy in the notes, and prepared commentaries.
  • Implemented a system of internal controls that improved compliance based on regulations.
  • Collaborated with internal and external auditors during annual audits to ensure the accuracy of financial statements.
  • Created quarterly performance metrics that tracked key performance indicators, and conducted detailed KPI analysis.
  • Coordinated cross-functional teams to drive efficiency and effectiveness in financial operations.
  • Managed XL Bermuda reporting and financial statements in compliance with BMA requirements using Workiva tool.
  • Prepared and analyzed financial statements to inform executive decision-making.
  • Created and updated financial reports on frequent basis to present information to leadership teams.
  • Planned and led team meetings to review business results and communicate new and ongoing priorities.
  • Drove automation and process improvements, creating workflows and SOPs to reduce dependency on personnel.

Deputy Manager

AXA XL Business Services Pvt Ltd
Bangalore
06.2018 - 12.2020
  • Transitioned reporting standards from US GAAP to IFRS and updated HFM application with new account hierarchy structures.
  • Executed multiple reconciliations for trial balance preparation.
  • Played a key role in HY and FY close processes, traveling to US and London offices for financial statement finalization.
  • Conducted equity analysis and prepared SOCI & SOCE, automating elimination of shares and translation reserve calculations through HFM rules.
  • Managed financial transformation process for small business unit integration post-AXA & XL acquisition, automating historical transaction movements and topside JEs for FX or reclassification.
  • Enhanced financial reporting processes, consistently meeting divisional and local reporting deadlines.
  • Served as subject matter expert in HFM and SAP Magnitude, automating balance sheet reconciliation at group consolidated level for AXA XL.
  • Provided guidance and support to team members to help them achieve goals.

Assistant Manager

AXA XL Business Services Pvt Ltd
Bangalore
06.2016 - 06.2018
  • Led local ledger projects, facilitating seamless transition from Peoplesoft to HFM reports for several jurisdictions.
  • Automated reporting process using HFM following Peoplesoft decommissioning, ensuring compliance with UKGAAP, SWISSGAAP, Bermuda, and Canada reporting standards.
  • Created HFM rules, conducted data loads, and implemented FX overrides according to Parent BU functional currency in HFM Consolidation tool.
  • Prepared local statutory reports in HFM aligned with specific regulatory requirements.
  • Collaborated with jurisdiction owners to gather reporting requirements and developed new HFM dimensions and hierarchies for regulatory compliance.
  • Trained local reporting team members on HFM applications, enhancing their analytical skills and confidence in the reporting process.

Senior Financial Analyst (FP&A Role)

IGATE Global Solutions Ltd
Bangalore
07.2013 - 06.2016
  • Conducted financial reporting and performed comprehensive analysis of general ledger accounting, cost reporting, and P&L estimation.
  • Prepared post-mortem analyses for P&L reports, detailing variances and comparisons with budget forecasts.
  • Managed monthly financial reporting, including account reconciliations and manual journal entries.
  • Processed invoices and inter-company transactions, ensuring accurate records across regions and BUs.
  • Compiled various inventory reports by analyzing and summarizing inventory data for finance leadership.
  • Designed and developed financial reports by extracting data from SAP, BOXI, COGNOS, HYPERION, and ORACLE.
  • Led a team of 3 members as acting team lead, overseeing audits and reviewing performance appraisals.
  • Facilitated team meetings to provide status updates and monitor activities within turnaround times.

Tax Analyst

Goldman Sachs
Bangalore
08.2012 - 03.2013
  • Computed re-claimable and creditable rates to prevent double taxation for clients and Analyzed client attributes to determine eligibility for re-claimable rates.
  • Conducted cost basis reconciliation for stocks and mutual funds, reporting on US Form 1099-B.
  • Provided relief at source from withholding tax on income from Canadian and Korean securities.
  • Calculated withholding tax according to tax treaty rates while verifying necessary documentation.
  • Collaborated with clients to clarify tax obligations and optimize financial outcomes.
  • Prepared detailed reports to summarize findings and recommendations for tax strategies.

Audit Assistant

G. Bagrodia & Co., Chartered Accountants Firm
Bangalore
02.2011 - 08.2012
  • Prepared online filing of Income Tax Returns, TDS, and VAT Returns.
  • Created Bank Reconciliation Statements for multiple clients and summarized details for audit purposes.
  • Verified vendor bills, cash receipts, purchase orders, sales reports, credit memos, and reconciled accounts receivable and payable.
  • Identified double payments and duplicate transactions while ensuring accuracy of account books.

Process Executive

Infosys BPO Ltd.
Bangalore
06.2010 - 02.2011
  • Analyzed estimated financial statements of major clients for completeness and accuracy.
  • Identified demand needs of various investors to provide timely information.
  • Interpreted client requirements and updated Bloomberg Terminal profiles for investor visibility.

Education

MBA - Finance & Accounting

Periyar University
Salem, TamilNadu
05-2023

Bachelor of Commerce - Finance

Christ College
Bangalore
12.2010

Skills

  • Financial reporting
  • Audit management
  • Team leadership
  • Accounting tools: HFM, SAP, PeopleSoft, QlikView, Hyperion Essbase
  • KPI analysis
  • Financial analysis
  • Account reconciliations
  • Consolidation accounting

Accomplishments

  • You have earned it for successful completion of year-end and HY close for good performance and without any issues or missing any deadlines
  • Positive AXA XL commitment for the 2019 period for being an important member during the integration of AXA and XL
  • Pat on the back award, received in various organizations for exceptional performance

Visa And International Exposure

Having B1 visa for US, worked there for around 6 months.

Languages

English
First Language
Tamil
Proficient (C2)
C2
Kannada
Proficient (C2)
C2
Telugu
Upper Intermediate (B2)
B2
Hindi
Upper Intermediate (B2)
B2

References

References available upon request.

Timeline

Group Reporting Finance Manager

AXA XL Business Services Pvt Ltd
12.2020 - Current

Deputy Manager

AXA XL Business Services Pvt Ltd
06.2018 - 12.2020

Assistant Manager

AXA XL Business Services Pvt Ltd
06.2016 - 06.2018

Senior Financial Analyst (FP&A Role)

IGATE Global Solutions Ltd
07.2013 - 06.2016

Tax Analyst

Goldman Sachs
08.2012 - 03.2013

Audit Assistant

G. Bagrodia & Co., Chartered Accountants Firm
02.2011 - 08.2012

Process Executive

Infosys BPO Ltd.
06.2010 - 02.2011

MBA - Finance & Accounting

Periyar University

Bachelor of Commerce - Finance

Christ College
Geetha Prakash