Prashant Ajgaonkar

Citibank: Oracle Cloud

• Played a key role in developing the COA, by creating Chart of Accounts for EMEA entities and Global P2P Accounts.
• Provided expertise in analyzing historical data and compliance for setting up new Chart of Accounts (COA) in Oracle System.
• Spearheaded creation of 7K+ accounts and descriptions in Oracle system, addressing complexities across multiple systems and ensuring accurate mapping in downstream to upstream IT systems.
• Facilitated the DSMT upload into Oracle Cloud during UAT testing.
• Assisted QA team in doing SIT & also performed UAT Testing to validate daily data integration of different attributes between Fullsuite vs Oracle Cloud platforms

Broadridge

• Led Cost Plus Model Project Enhancement Rollout: Partnered with India operations team for requirement gathering in BRD & FSD and enhance MVP by designing detailed 'As-Is' and 'Future State' process flowcharts for finance (AP, AR, IC, HC); prepared weekly status reports for global CAO and facilitated daily configuration update meetings.
• Streamlined client mapping for revenue reporting with BroadGPT and Dun & Bradstreet report, enhancing accuracy of global consolidation.
• Designed Test Scenarios and Plan, where I created standardized test formats for all India Finance processes to support robust validation and quality assurance

• Lead a Global Shared Service Centre for 70 members, Transitioned 42 legal entities & 18 countries – Accounts Payable, Accounts Receivable, T&E, Fixed Assets, Reconciliation & Multiple Projects.
• Drove transformation of shared services operations for finance processes including accounts payable, travel expense management, receivables, fixed assets, general accounting, journal entries, bank reconciliation, and mergers & divestitures for multiple legal entities across countries.
• Provided strategic and transformational capabilities and expertise to improve financial transparency and regulatory compliance to position financial operations as a strategic business partner.
• Strictly adhered to IGAAP & USGAAP guidelines, managing invoice processing, supplier payments, vendor master-data, T&E, Cash Application, Fixed Assets Management, Bank reconciliation and General Ledger Accounting and functions for a $16B organization.
• Enhanced internal control environment to more effectively monitor transaction risk and financial exposure.
• Updated governance meetings with India CFO, controllers, compliance director, and local CFOs globally to ensure alignment on financial operations.
• Concept-to-execution leader of sub projects and programs related to Shared Services Transformation – led due diligence and project planning for data and process transition for the mega Finance SSC transition.
• Collaborated cross-functionally and with Business Leaders & local CFO’s to seamlessly transition project scopes and corporate governance.

• Balance Sheet Certification & Substantiation, MIS Reporting.
• Leading 5 members team for overall Global Supplier Services (GSS) Controls team for General Ledger Reconciliation & Substantiation (GLRS) & MIS process, understanding controls paradigm and contribute to strengthening risk/controls environment for all account reconciliation.
• Performed monthly certification and substantiation of balance sheet accounts for liability & fixed assets accounts under the General Ledger Reconciliation and Substantiation (GLRS) process tool, including account owner certification, risk assessment, and red-status reporting in the GLRS tool.
• Monitoring sign-off of all certification records of AP, T&E, FA accounts & reporting of aged outstanding balances.
• Developing various reports with reconciliation status, aging open items, & others for management reporting.
• Oversaw MIS reporting and facilitated the availability of tools for efficient data reporting to GSS users.
• Mumbai

• HR Recruitment & Associated with different business consultant.
• Partnered with consultancies (TR Manpower, Ashtivinayak) to deliver recruitment services and manage HTML tagging projects, overseeing candidate sourcing, coordination, and end-to-end hiring support.
• Managed full recruitment lifecycle, including candidate research via job portals (Naukri, Monster), conducting interviews, coordinating with hiring managers, and ensuring timely feedback and offer closure.

• Led team of 35 FTE, supervising 2 Assistant Managers and 4 Team Leaders in finance functions including P2P, R2R, general ledger accounting, month-end activities, journal entries, budgeting entries, cash management, intercompany accounting, variance analysis, and balance sheet reconciliations for motor company, while managing transitions and projects.

• Executed cash and non-cash reconciliation, facilitated Hyperion Financial Management Reporting (HFM) uploads, created journal entries, performed intercompany reconciliation, and prepared documentation for SOX compliance and ISO-9001 auditing.

• Global Financial Operations (GFO): Post Audits, Invoice Processing.
• Engaged in diverse projects in addition to routine business tasks, such as processing invoices, conducting post audits, reconciling accounts, clearing credits, and integrating for Apex audits.
• This process was initiated in January 2004 as an out-sourced function through Intelenet Global Services Pvt. Ltd. and was in-sourced back to JP Morgan with continuity of service from 10 Oct-04.

• Retail Home Loans: Reconciliation.
• Reconciliation accounting entries between FoxPro & Miracle (Oracle Product) for Pre-EMI, EMI, prepayment, & Loan closure, check bounce for Customer ledgers relating to home Loans.