Mayank Sethi
Chartered Accountant
Faridabad,Haryana
Summary
A proficient analyst with expertise in strengthening companies to lead in highly competitive situations. A competent professional with 7 plus years of experience in Legal Entity Controllership, Financial Reporting and Auditing. Effective communicator with exceptional relationship management skills and abilities in maintaining cordial professional relations with the stakeholders.
Overview
7
7
years of professional experience
9
9
years of post-secondary education
1
1
Language
Work History
Manager
Macquarie India Services Pvt Ltd
Gugurgram
04.2022 - Current
- Leading CoE team of financial reporting for ASIA region.
- Involved in financial reporting of USA and EMEA region.
- Supporting management fee process which majorly includes review and preparation of invoices.
- Managed and streamlined financial reporting process of additionally acquired funds.
- Review of funds financial statements as per Australian Accounting Standards.
- Coordinating and managing auditor's queries.
- Preparation of board decks.
- Finalization of Proforma Financial Statement.
- Management of critical processes in year end like DAS, fund accounting, legal etc.
- Automated couple of processes which results in major time savings of 5 hours at each month end which we were utilizing on additional work that we transitioned.
Financial Analysis Senior Manager
American Express Banking Corp.
Gugurgram
06.2019 - 01.2021
- Managed closing of books of accounts as per USGAAP & ensure compliance to internal policies & USGAAP rules.
- Preparation and review of Deposits and Investment reconciliations.
- Preparation of Monthly Financial Statements (Flash Report), analysis of each financial line item, business KPI and preparing commentary for same.
- Monthly deck review and presentation to top management.
- Analysis of accounting entries passed by other teams & enabling identification of unusual entries & escalating same on timely manner.
- Quarterly preparation of call reports and various regulatory ratios like common equity tier 1/ 2 , Leverage etc.
- Quarterly preparation of audit and compliance committee and board meeting decks.
- Quarterly submission of FFIEC templates.
- Preparation of P&L, B/S, Cash flow statements and Footnotes & analysis for each financial line item of P&L and B/S by linking same with business movement and other justifiable supports along with business rationale for such movements.
- Handling USGAAP audit, Statutory audit and SOX audit independently.
- Supporting multiple governance committees of bank including board of directors, ACC etc and providing financial updates / insights in those committees.
- Managing receivable and payable ageing tracker and ensuring nothing is overdue without any adequate justification.
- Managing and governing deposits, borrowings and investment portfolio of bank along with approving daily funding transactions for bank.
- Automated couple of process for team which results in major time saving.
Senior Associate
MSKA and Associates, a BDO Member Firm
Gugurgram
07.2017 - 06.2019
- Lead multiple audits: Statutory audit, Tax audit, Group audit, Desktop reviews etc
- Team management, opening balance testing, review of secretarial and statutory compliances, execution of complex areas like revenue, trade receivables, related party transactions, payroll, fixed assets, inventory, COGS etc
- Preparation of tax audit reports, analysis of ICDS impact, finalization of books of accounts
- Clients handled- Kinapse India Services Private Limited, Medicover Healthcare Private Limited, Rockman Industries Limited, SMS India Private Limited, Roulunds Braking India Private Limited, Alliance Friction Technology Private Limited, Applect Learning System Private Limited.
Education
Chartered Accountant - Accounting And Finance
ICAI
Delhi 05.2010 - 01.2016
B.COM (P) -
Delhi University
School Of Open Learning 05.2010 - 05.2013
Skills
Payable/Receivable Management
Intercompany Management
Consolidation
Compliance Management
Leadership and Team Handling
Accountancy
SLA Reconciliation
MIS Reporting
Statutory Audits
Colloaboration with Business
Financials Review
Oracle
HFR
Essbase
Quantum
Tally ERP9
Personal Information
- Location Preference: Delhi/ NCR
- Date of Birth: 04/04/93
Accomplishments
Macquarie India Services Pvt Ltd
- Lead first year closure for ASIA financial reporting CoE.
- Successfully completed acquisition of new business and managed the first year-end close effectively.
- Automated couple of processes.
- Promoted to Manager in 2 years.
- Bagged SPOT awards for each achievement.
American Express Banking Corp.
- Successful automation related to deposit process which helped saving a lot of time spent in manual process. It's one of the biggest accomplish as this benefited the other counter party as well.
- Process improvement relating to financial statement review, accrual process, receivable tracking, ratios and investment reconciliation process.
- Bagged with blue rewards for achievements and excellent performance.
MSKA and Associates, a BDO Member Firm
- Brought new business for the firm.
- Promoted in 9 months from Associate to Senior Associate on account of the exceptional performance delivered.
Timeline
Manager
Macquarie India Services Pvt Ltd
04.2022 - Current
Financial Analysis Senior Manager
American Express Banking Corp.
06.2019 - 01.2021
Senior Associate
MSKA and Associates, a BDO Member Firm
07.2017 - 06.2019
Chartered Accountant - Accounting And Finance
ICAI
05.2010 - 01.2016
B.COM (P) -
Delhi University
05.2010 - 05.2013