JAY AMBAJI
Santacruz, Mumbai
Summary
Confident individual with track record of accurate reporting and analysis, strong worth ethic, adaptability and exceptional interpersonal skills. Adept at working effectively unsupervised and quickly mastering new skills. A highly organized and hard-working finance professional with desire to take on new challenges in a reputable organization.
Overview
6
6
years of professional experience
Work History
Associate
Deutsche India Pvt. Ltd.
Mumbai
06.2023 - Current
- Preparing flash, forecast and annual Plan of P&L and FTE after discussion with business, desks and product CFOs for Corporate & Other segment.
- Analyzing P&L for Corporate & Other (C&O) segment on regular basis to identify drivers for variance, trends and opportunities for improvement.
- Reviewed Financials of US & Europe banks to identify opportunities for cleaning up of "Others" segment on the request of Joint Supervisory Teams (JST).
- Drafting various presentations and reports illustrating the monthly performance of C&O business for use in CFO & CEO reviews.
- Created and automated various reports used by extended team during flash, forecast & plan cycle.
- Preparing various reports for senior management during flash and forecast after discussion with sub-product heads to help them identify detailed reasons for variance.
- Assisted in conducting thorough analysis of RWAs for Capital Release Unit thereby resulting in release of capital which was better utilized in other businesses.
- Preparing Financials data supplement with detailed commentaries for C&O used by senior management during quarterly earnings release.
- Preparing Legal fees and Litigation expense tracker on monthly basis after discussions with Legal team to identify potential downside and status of various cases.
Sr. Financial Analyst
Citi Corp Services India Pvt. Ltd.
Mumbai
06.2021 - 06.2023
- Prepared quarterly forecast and annual operating plan for expenses & headcount for Fixed Income products after discussion with product LFOs and business heads.
- Analyzed expenses and headcount at Global level for Fixed Income Currency and Commodities (FICC) segment and identifying drivers for variances vis-à-vis the outlook/ plan.
- Created presentations with detailed commentaries to deliver financial data on regular basis to CFO's/ Business heads.
- Collaborated with Regional teams to understand expense base and thereafter develop regional quarterly forecast and long-term strategic plan.
- Calculated various ratios and prepared grids basis agreed drivers for charging out expenses to other products after discussion with business heads.
- Partnered with product LFO's in preparing various presentations to help them drive calls with business heads and Citi CEO/CFO during Plan/Outlook.
- Identified cost-saving strategy and developed an innovative method for Travel & Entertainment expense line to maximize profitability and reduce expenses.
- Prepared various summarized reports to help business heads understand Expense story and to ensure expenses are within Budget.
Controllers Associate
JM Financial Services Ltd
Mumbai
10.2019 - 06.2021
- Calculating finance cost and Average Lending rate on monthly basis after allocating borrowings to various businesses/sub-products.
- Calculating product and client net income on monthly basis for reporting the same to Senior Management.
- Preparing Asset-Liability Management (ALCO) report of JM Group Companies for submission to Group CFO's
- Preparing quarterly Board report, status sheets of NPAs, branch, segment & cluster P&L on monthly basis for submission to business heads & Board.
- Forecasting P&L for NBFC after discussions with Branch & Product CFOs and presenting the same to CFO during yearly Planning cycle.
Senior Audit Associate
S H R & Co
Mumbai
06.2018 - 09.2019
- Performing Risk Management assignments for entities engaged in Pharmaceutical, Industrial fasteners, Chemical, education, banking and water distribution services.
- Preparing Financials and notes to accounts, Tax Audit reports and computation, Statutory Audit, Internal Audit and other reports as required by the client in conformance with applicable laws.
Education
CFA Level 2 & ACCA -
CFA Institute & ACCA Institute
05-2025
CFA Level 1 -
CFA Institute
07.2021
Chartered Accountant -
Institute of Chartered Accountants of India
08.2019
Bachelor of Commerce -
Mumbai University
06.2016
Achievements & Extra-Curricular
Achievements:
- Recognized with "Name and Fame" certificate and monetary reward for exceptional performance as a new joiner (Dec'23).
- Recognized with Silver Award at Citi for key contribution during newly implemented forecasting cycle and efficient co-ordination with Fixed Income CFOs (Jun’22 & Nov’22).
- Recognized with ‘Employee of the Month’ for performing scenario & cluster analysis during yearly forecasting cycle (Jan’21).
Extra-Curricular:
- Participated in Cricket camp at Sandeep Patil Cricket Academy.
- Represented JM Financial in inter-office cricket tournament and SHR & Co in CTC Annual football competition.
- Received participation certificate for completing Netflix Binging & Rating competition
Languages
English, Marathi, Hindi, Gujarati and Sindhi
Timeline
Associate
Deutsche India Pvt. Ltd.
06.2023 - Current
Sr. Financial Analyst
Citi Corp Services India Pvt. Ltd.
06.2021 - 06.2023
Controllers Associate
JM Financial Services Ltd
10.2019 - 06.2021
Senior Audit Associate
S H R & Co
06.2018 - 09.2019
CFA Level 2 & ACCA -
CFA Institute & ACCA Institute
CFA Level 1 -
CFA Institute
Chartered Accountant -
Institute of Chartered Accountants of India
Bachelor of Commerce -
Mumbai University
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