Rohit Chandak

• Overseeing the preparation of standalone and consolidated financial statements in compliance with Ind AS, RBI guidelines, and SEBI’s LODR requirements
• Finalizing annual accounts and disclosures in accordance with the Companies Act and RBI guidelines
• Liaising with statutory auditors for quarterly limited reviews and annual audits
• Presenting monthly financial analysis to senior management, covering key metrics such as AUM growth, Cost of Borrowings (CoB), CRAR, NIM, Opex, GNPA, and NNPA
• Coordinating with Finance function stakeholders to ensure timely and accurate monthly financial closures
• Enhancing internal controls through GL data review, substantiation, and transaction monitoring
• Leading automation initiatives and process improvements to enhance operational efficiency

• Played a key role in setting up the Finance & Accounting function by establishing processes, policies, and systems
• Developed and presented annual budgets, forecasts, and strategic financial plans to support business objectives
• Collaborated with the Treasury Front Office team on debt fundraising, providing financial data and due diligence information
• Worked closely with the Collections team to track early delinquencies, analyze delinquency bucket flow, and assess the credit cost impact on financials
• Managed liquidity planning, ensuring timely loan repayments, seamless disbursements, and a strong Asset-Liability Management (ALM) framework
• Ensured accurate and timely financial statement closures, adhering to regulatory requirements
• Monitored key financial ratios, ensuring compliance with financial covenants.

Career Progression: Promoted from Manager to Associate Vice President-2, transitioning from an individual contributor to a team leadership role.

Financial Reporting & Compliance

• Led the preparation and review of monthly financial statements per IGAAP and RBI guidelines
• Finalized annual accounts and disclosures in compliance with the Companies Act and RBI requirements
• Ensured compliance with RBI guidelines, including IRAC-P, Restructuring Guidelines, BASEL-III, and financial statement disclosures
• Managed accounting for securitization transactions, ensuring regulatory compliance
• Coordinated with statutory and regulatory auditors to complete audits in a timely manner

Regulatory Reporting

• Led the preparation and submission of key regulatory returns, including: Capital Adequacy Return (RCA-1), Return on Asset Quality (RAQ), Asset Liability Exposure (ALE), Return on Operating Result (ROR), CRR, and SLR
• Automated NPA & Standard Asset provisioning to comply with RBI guidelines
• Provided financial impact analysis of regulatory changes
• Handled automation projects for regulatory returns

Financial Planning & Analysis (FP&A)

• Prepared annual forecasts and strategic financial plans to support business objectives
• Conducted variance analysis, identifying deviations and insights
• Analyzed key financial metrics such as NIM, Cost of Funds (CoF), and RoA
• Developed Board presentations for quarterly meetings and investor reporting
• Represented Finance function during due diligence conducted by Big 4 firms.

• Assisted in monthly and quarterly financial statements preparation, financial analysis, and variance reporting
• Supported finalization of books, including period-end adjustments
• Helped design accounting processes for trade products, covering accounting events, MIS development, and reconciliations
• Maintained accounting manuals for trade products such as Bank Guarantees (BG), Letters of Credit (LC), and Bill Discounting
• Performed reconciliation between SAP and I-Core balances
• Monitored office accounts for transactions, deviations, and exceptional entries.