Punit Mundra
Mumbai
Summary
Chartered Accountant with 10+ years of experience in Finance, Management Reporting and Planning and Analysis.
Logical and analytical approach towards solving problems and achieving targets. Stronghold on the Finance, knowledge of fundamentals of accounting with the ability to apply those in diverse situations. Resourceful and proactive with a willingness to learn and a strong determination to succeed.
Hands-on experience in process improvement and re engineering of the existing process which resultant increase in efficiency by saving working hours.
Overview
10
10
years of professional experience
Work History
Manager (C11)- Financial Planning & Analysis
Citi Bank (Citi Corp Services India Pvt. Ltd.)
2018.10 - Current
- Handled the Quarterly Forecasting processes for Base and Stress scenario and review results against Annual Operating Plan for ICG Deposits and Net Interest Income.
- Preparation of various reports, ad-hoc and review Decks and getting into discussions with Senior stakeholders in Business and Finance to provide financial analysis.
- Support Quarterly Outlook process and provide inputs for Daily Flash for Month end Deposits estimate.
- Provide the inputs related to Deposits and NII for the Quarterly Board review and earnings release.
- Prepare and track Monthly Interest Rate Sensitivity (Beta Tracking) for USD and LCY currencies by calculating COF and using the currencies interest rates.
- Working as part of diverse team spread across the region, interaction with a wide range of people including Regional/Global Finance owners.
- Evaluation and reporting of deposit movements on daily basis for all Institutional Businesses globally and ascertain clients driving the movements, validation of client activity observed with business.
- Tracking deposits against monthly / quarterly targets. Coordinating with regional treasury / business teams for tracking future deposit inflows / outflows to achieve the monthly / quarterly targets.
- Engage with senior members in Treasury and associated Businesses to explain drivers of variances for Deposit movement by performing variance analysis.
- Identify potential process improvements and digitalization through ‘KNIME’ platform which resultant to generate efficiency and cost saving to the firm.
Assistant Manager- Financial Reporting
Citi Bank (Citi Corp Services India Pvt. Ltd.)
2016.10 - 2018.09
- Submission of the country's Financials on a monthly basis, this includes preparation, review, and posting of Financial Adjustments using the Citi reporting systems, investigating any major variances, review on the reasonableness of the balances, and ensuring US GAAP have been properly applied in the financial reports.
- Performing Variance Analysis for Month end and Quarter end reporting, providing explanations for additional issues to clear breaks for all the parties involved thereof.
- To keep Country Financial Controllers updated on any month end communications and process progress.
- Preparation, review, and submission of the country's other head office reports such as Foreign Currency reports, Country Exposure Reports, Quarterly cash flows, etc.
- Actively participated in various projects for making process smooth & standardized across different teams
Assistant Finance Manager
Modern Woollens (A Unit Of Modern Threads India Ltd)
2013.08 - 2016.09
- Finance - Controlling over payments, Preparation of documents for foreign remittance i.e. filling of Form 15 CA & 15 CB, Liaison with Bank officials.
- Accounts - Day to day Accounting,Bank transactions, Preparation of Bank reconciliation Statement, Cash Book, Bank Book, Depreciation related working, Balance sheet finalization working etc.
- Taxation - Income tax related working, Sales tax & Entry Tax Matters.
- Other - Preparation of details and submission of explanation for Assessment under section 143(3) of Income Tax Act, 1961 Preparation and submission of Appeal to CIT (Appeal).
Education
CA -
Institute of Chartered Accountants of India
07.2013
B.Com -
M.L.V. Govt.College, Bhilwara
05.2010
S.S.C. -
Govt. Sr. Secondary School, Bhilwara
05.2007
H.S.C. -
A.V.M. Secondary School, Bhilwara
05.2005
Skills
- Working knowledge and proficiency in Microsoft Office - Word, Advance Excel, PowerPoint
- Working knowledge of tools like Pearl Essbase, Hyperion, IFW, Full suite, Ruby, Dashboards etc.
- Exposure to automation tools like KNIME
- Financial Management
- Verbal and Written Communication
- Team Leadership
- Cross-Functional Teamwork
Accomplishments
- Received Silver Award in CITI (FP&A) for the contribution towards delivering significant values during QMMF cycle despite of the tight deadlines and multiple challenges.
- Received Silver Award in CITI (FP&A) for the contribution towards process improvement and reengineering of the existing process which resultant increase in efficiency by saving working hours.
Languages
English, Hindi
Personal Information
- Father's Name: Indra Chand Mundra
- Date of Birth: 11/07/90
- Gender: Male
- Nationality: Indian
- Marital Status: Married
Hobbies and Interests
Music, Cricket
Timeline
Manager (C11)- Financial Planning & Analysis
Citi Bank (Citi Corp Services India Pvt. Ltd.)
2018.10 - Current
Assistant Manager- Financial Reporting
Citi Bank (Citi Corp Services India Pvt. Ltd.)
2016.10 - 2018.09
Assistant Finance Manager
Modern Woollens (A Unit Of Modern Threads India Ltd)
2013.08 - 2016.09
CA -
Institute of Chartered Accountants of India
B.Com -
M.L.V. Govt.College, Bhilwara
S.S.C. -
Govt. Sr. Secondary School, Bhilwara
H.S.C. -
A.V.M. Secondary School, Bhilwara
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