Rohit Kumar

• Leading and improving the organization’s governance and control over all aspects of financial management, including corporate accounting, regulatory and financial reporting, tax operations & compliance, treasury, and cash management.
• Developing and ensuring the efficacy of internal control policies and procedures.
• Ensuring preparation and closing of monthly and annual consolidated financial statements.
• Lead, prepare and manage group/regional annual statutory audits across regions. Ensure timely, accurate and high-quality financial reporting to Executive management and stakeholders.
• Support forecasting and budgeting exercise to prepare for regular board reviews.
• Coordinate and liaise with internal stakeholders, Providing realtime financial data to business finance teams to support strategic business partnering.
• Optimized cash flow management, improving liquidity positions for business expansion initiatives. Managing all Bank dealings and relationships.
• Standardized financial reports across business units for easier consolidation and comparison of results at the corporate level.
• Consolidated financial statements, ensuring timely reporting to executive management and stakeholders.
• Collaborated with executive leadership on strategic planning initiatives, providing expert insights into potential financial implications of proposed actions.
• Enhanced cross-functional communication between accounting, finance, and other departments to improve overall efficiency.
• Advised executive leadership on financial risks and opportunities, contributing to informed decision-making processes.
• Developed strategic plans for day-to-day financial operations.
• Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
• Analyzed business processes to identify cost savings and operational efficiencies.
• Reduced overhead costs by identifying inefficiencies in existing processes and implementing cost-saving measures.
• Streamlined the budgeting process for improved financial planning and forecasting.

As a ‘Legal Entity Controller’

• Team Lead - Managing team of qualified professional for monitoring and control activities including Regulatory and Financial legal compliances for Macquarie group entities.
• Handling Central Projects such as ‘Dividend Upstreaming’ and ‘Impairment Analysis’ for group entities.

· Comprehensive review of Statutory consolidated and standalone Financial Statements and Notes to Accounts of high-risk Australian and Asian Legal entities

· Managing Disclosure requirements as per IFRS and GAAP reporting.

· Submission of Compliance andRegulatory data to Singapore and Hong Kong Regulatory bodies.

· Establishment of Audit framework, facilitation of audit closure, Lead discussions with Audit Partners and leading Annual Board meetings with board members and directors.

· Management Reporting and variance analysis, Quarterly Board meetings.

As part of Global Design team - ‘Project ERP (New Ledger) Implementation’

· Design Lead - LEC for implementation of a new cloud-based Oracle ERP solution (General Ledger).

· Re-designing existing processes and systems, In-depth analysis and Impact assessment

· Designing New Reporting Framework for Regulatory and Statutory submissions

· Providing Strategic Solutions to complex reporting requirements and owing management and board approvals. Managing Approvals from Senior management on the new design.

· Lead multiple stages for GL testing as proof of concept across multiple platforms and automations throughout the journey of implementation - SIT, UAT, Parallel run and post Go live Hyper care period for the function.

· Providing extensive trainings to the program team including Oracle/Deloitte teams and to the wider business teams for sharing process knowledge.

As part of ‘Legal Entity Rationalization’ (LER) project team

· Lead manager/Process owner - GL Ledger clean-up process for group liquidated entities, involving in-depth analysis of Trial Balance across multiple ledgers (Balance sheet and Profit and Loss Account)

· Process step re-designing and successfully implementing automation opportunities.

· Facilitation across cross functional teams (Finance and Operations, Business Teams, Corporate Treasury, Tax, Group Reporting etc.) and adherence to approved documentation and workflow.

· Defining FX and FCTR balance treatment across ledgers, hedging exposures.

· Providing Extensive training across teams and new hires on various internal and operation processes including new GL ledger.

As a Front-Line Manager

· Profit and Loss Account management of a critical F&A engagement covering headquarters division of a leading financial services major based out of USA

· Leading teams with a group size of 28 qualified professionals and responsible for people development and employee engagement

· Providing services in domain of closing & reporting, global consolidations and external reporting, accounting ops and reconciliations.

· Work with clients on operations, their goals and strategic initiatives.

As a Senior Analyst

· Preparation and analysis of ‘Summary balance sheet’ package (SEC Reporting) including critical reporting (10-Q and 10-K, MD&A) and annual Statutory reportingfor US Major ‘General Electric’ Company and ‘General Electric Capital Services’, Inc. (GECS).

· Disclosure requirements around Revenue streams, Investment Securities, Financial Receivables, Insurance and Shareowners’ Equity.

• Providing complete financial accounting package, doing analytical reviews for clients spread across Europe UK and India.
• Complete ERP implementations, Audit and Tax Support, Budget and Forecast Accounting.
• Handling Transitions and Migrations for new and existing clients, ensuring Quality for both structured and unstructured client environment.

• Leading team of qualified professionals for preparation of key notes to financial statements and coordinating for Internal and Statutory audit.
• Intercompany accounting and Management Reporting.
• Doing month end closing for set of 8 US entities and Balance attestation.

• Posted in Ludhiana branch in Home Loan operations division and leading team of accountants for booking the loan deals and customer record maintenance.
• Managing Customer Operations Desk - (Front desk), Preparation of various MIS reports, Bank Reconciliations.
• Regular co-ordination with Concurrent Audit Team and maintaining various Process and Procedure notes for ‘SOX’ Audit, Internal Audits and to ensure compliance with policies, procedural and legal requirements.