Overview
Work History
Timeline
Generic

Hitesh Gupta

Senior Insurance Finance Professional
Gurugram

Overview

25
25
years of professional experience

Work History

Vice President

HSBC Global Finance Operations Center
01.2014 - Current
  • Managing financial control and management reporting processes for Insurance business in GFOC.
  • Led Period End Close (PEC) vertical (~100 FTE) in 2015 & 2016 closely monitoring Asset Management and Private Banking along with Insurance processes.
  • Led IFRS17 implementation from finance operations standpoint in GFOC from 2020 till July 2023.

Assistant Vice President

HSBC Global Finance Center
01.2014 - Current
  • Leading a team of Period End Close (monthly, Quarterly, Half yearly and annual) of financial books.
  • Responsible for group reporting and regulatory compliances.
  • Creating a robust change management procedure from the business standpoint.

Lead for IFRS17 Implementation

HSBC Global Finance Operations Center
01.2020 - 07.2023
  • Implementing the design approved by the central program team.
  • Acting a senior team member in the wider program participating in strategic planning from Target Operating Model, Resourcing in the future state, Solutions etc.
  • Acting as Trainer and planning the BAU upskilling from IFRS17 standpoint.

Associate Vice President – Financial Accounting & Reporting

Aviva Life Insurance Company India Ltd.
04.2010 - 01.2014
  • Company Overview: Joint Venture between Dabur and Aviva Plc.
  • Ensuring timely and accurate reporting to regulator and senior management of financials.
  • Liasioning with Aviva Asia Pacific regional Office for periodical reporting requirements.
  • General accounting as per Indian GAAP and US GAAP.
  • Joint Venture between Dabur and Aviva Plc.

Sr. Manager – Finance & Accounts

Tata AIG Life Insurance Company Ltd.
05.2007 - 04.2010
  • Company Overview: Now TATA AIA
  • Responsible for Operations accounting (Premium, Commission and Claims).
  • Build Control mechanism for ensuring controls and putting in system enhancements for new products.
  • Analyzing various incentives payable to channel partners’ basis pricing and budgets.
  • Now TATA AIA

Manager Financial Planning and Analytics

Genpact
06.2006 - 05.2007
  • Making annual and monthly plans / estimates and analyzing the variances.
  • Managing P&L, pricing strategies, and execution of plans in relation to cost containment and capex.
  • Monitoring the major cost drivers and suggesting the corrective actions to control the same.

Regional Manager (Finance & Accounts) North Zone

Shaw Wallace Distilleries Ltd.
09.2000 - 05.2006
  • Company Overview: Amongst India's foremost liquor manufacturers with a turnover of Rs 800 Crores.
  • Management of debtors, cash flow and treasury function.
  • Worked on the pricing strategies and competitor and market analysis.
  • Ensured timely execution of financial reporting, operating forecasts, legal, regulatory and statutory compliances.
  • Amongst India's foremost liquor manufacturers with a turnover of Rs 800 Crores.

Timeline

Lead for IFRS17 Implementation

HSBC Global Finance Operations Center
01.2020 - 07.2023

Vice President

HSBC Global Finance Operations Center
01.2014 - Current

Assistant Vice President

HSBC Global Finance Center
01.2014 - Current

Associate Vice President – Financial Accounting & Reporting

Aviva Life Insurance Company India Ltd.
04.2010 - 01.2014

Sr. Manager – Finance & Accounts

Tata AIG Life Insurance Company Ltd.
05.2007 - 04.2010

Manager Financial Planning and Analytics

Genpact
06.2006 - 05.2007

Regional Manager (Finance & Accounts) North Zone

Shaw Wallace Distilleries Ltd.
09.2000 - 05.2006
Hitesh GuptaSenior Insurance Finance Professional