MOHIT K VERMA
Summary
Seasoned Chartered Accountant with over 12 years of extensive experience in finance, regulatory reporting, treasury operations, controllership, and audit. Successfully led teams at American Express in balance sheet assurance and global treasury, spearheading automation, risk control, and strategic transformation initiatives.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Service Delivery Leader - Balance Sheet Assurance
American Express India Pvt. Ltd.
11.2024 - Current
- Leading a team of 14 individuals ensuring balance sheet accuracy and regulatory integrity
- Responsible for review, analysis, and reporting of AXP and segment balance sheet
- Drive audit preparedness and regulatory compliance, including SOX and PRSA standards
- Ensuring compliance with SLAs, internal guidelines, accounting policies, and regulatory requirements
- Collaborated with key stakeholders like regulators, entity/segment controllers
Service Delivery Leader - Global Treasury Controllership
American Express India Pvt. Ltd.
10.2020 - 10.2024
- Led a diverse team of 10 in managing daily FX Trade Support, including end-to-end execution across validations, settlements, accounting, and risk/control reporting
- Oversaw governance of the Quantum Treasury Management System (TMS) and managed $165B in global intercompany loans and deposits spanning EMEA, APAC, and US regions
- Provided strategic treasury advisory for enterprise initiatives such as M&A, dividend distributions, capital restructuring, and infusions
Sr. Financial Analysis Manager - Credco Controllership
American Express India Pvt. Ltd.
06.2017 - 10.2020
- Owned SEC filings (10Q/10K) and led Record-to-Report for funding entity
- Spearheaded annual audits and US GAAP financial preparation
Financial Analysis Manager - SEG and Trsco Controllership
American Express India Pvt. Ltd.
06.2014 - 06.2017
- Preparation of various regulatory reports like Y9LP, Y-9C, and Y11-2314 by leveraging technology
- Preparation & review of US GAAP financial statements, trend analysis, variance analytics, commentary and BHC quarterly/ annually submissions like CF16B, FFEC009, and CF14
Education
Chartered Accountant -
ICAI
Delhi05-2011
B.Com (H) - P.G.D.A.V
Delhi University
Delhi06-2009
Skills
- Professional Skills
- Financial Analysis & Reporting
- Stakeholder Collaboration
- Treasury Middle Office operations
- Leadership & Team development
- Audit & Compliance Management
- Critical Thinking & Solution Oriented
- Fin-Tech Skills
- AI - Copilot, ACE BOT, Tableau, Python, MS Office, Oracle, Essbase, Power Query etc
Accomplishments
- Designed an exception log to track reconciliation discrepancies
- Bombarded with 20000+ Blue Reward points in 2023-2024 for successfully completing enterprise wide initiatives impacting FX, Inter-co loans, TMS etc
- Successfully complied with FX Derivatives regulatory requirements for Dodd Frank, EMIR Refit and ASIC reporting in US, EU and Australia market
- Led migration of AFS Investment securities from APS2 to Quantum (TMS) system extensive UAT testing, reconciliations, valuations, accounting, and reporting
- Sub-Ledger Automation - Automated Intangible asset 200 MJEs per quarter, reconciliation process, CF-16B regulatory report
Certification
US GAAP
Timeline
Service Delivery Leader - Balance Sheet Assurance
American Express India Pvt. Ltd.
11.2024 - Current
Service Delivery Leader - Global Treasury Controllership
American Express India Pvt. Ltd.
10.2020 - 10.2024
Sr. Financial Analysis Manager - Credco Controllership
American Express India Pvt. Ltd.
06.2017 - 10.2020
Financial Analysis Manager - SEG and Trsco Controllership
American Express India Pvt. Ltd.
06.2014 - 06.2017
Chartered Accountant -
ICAI
B.Com (H) - P.G.D.A.V
Delhi University
Similar Profiles
Mayank UniyalMayank Uniyal
Sr Lead Analyst at American Express India Pvt. Ltd.Sr Lead Analyst at American Express India Pvt. Ltd.
Reena ChauhanReena Chauhan
Lead Customer Service Executive at American Express India pvt ltd.Lead Customer Service Executive at American Express India pvt ltd.
Kush AroraKush Arora
Senior Customer Service Analyst at American Express India Pvt. LtdSenior Customer Service Analyst at American Express India Pvt. Ltd
Tamala Westry-ScottTamala Westry-Scott
Remote PB Coding Supervisor-Contract at GHR Rev CycleRemote PB Coding Supervisor-Contract at GHR Rev Cycle
Ashley GratwickAshley Gratwick
SR Specialty Leasing Coordinator - Revenue Service at WPGSR Specialty Leasing Coordinator - Revenue Service at WPG