Saket Agte
Mumbai
Summary
A focused Financial professional with more than 15 years of experience in Management accounting, Corporate Finance, Budgeting, P&L Management, Cost Management, regulatory changes, Analytics and Automation. I am committed and hard working individual who enjoys to accept challenges. I would like to be an asset of the company where I can utilize my skills and experience for advancement and growth.
Overview
18
18
years of professional experience
Work History
Head- FPnA
HDB Financial Services Limited
10.2020 - Current
- Handling Financial Planning & analysis function of the Company (AUM 10 bn $)
- Submission of various decks for Management Review
- Disbursement & Book MIS
- Branch level profitability MIS for Business Heads
- Cost management report
- CTI control and measurements
- Developed MIS through Tableau for bird’s eye view of an organization
- Submission of Annual budget, discussion with Business heads for strategy, manpower planning, productivity analysis for Board committee
- Forecasting Balance sheet, Profitability at PAN India level on rolling basis
- Liase with business heads for Targets, Crucial metrics, PnL management for their respective business.
- KRA’s covered earlier:-
- Liquidity Risk Management, Regulatory Compliances and stress testing
- Preparation of ALCO Framework, Review of ALCO Deck for ALCO Committee meeting every month
- Handling automation of various ALCO / Liquidity related processes, monitoring LCR month on month as well as Balance sheet disclosure
AVP
HDFC Bank
Mumbai
06.2011 - 10.2020
- PnL Management
- Forecasting P&L statements, balance sheet forecast
- Analysis of fees, commission income of the bank, which constitutes majority part of Bank’s other income
- Analysis of FX income of the bank and ensuring the accuracy of P/L reported in financials
- Forecasting commission income of the bank basis various fee income drivers
- Tracking the income of the bank on monthly basis and check for revenue leakages, ensuring bank policies are adhered to.
- Preparation of ALCO deck for Top management review.
- Projecting and analyzing liquidity requirements based on business plans
- Preparation of Audit Committee & Board Presentations for Quarterly Results.
- Updating of all important MIS reports for Top Management review.
- Peer bank analysis which involved analyzing peers performance through the information provided in public domain as well as research reports
- Investor relations
- Had been the support for investor relations which involved providing required data points to analyst, investor community
- Support to vendors for developing IR app on android as well as Apple platform.
- Updated the app with latest financials, news articles of Top Management and relevant set of information which investor needs.
- Compliance
- RBI Reporting - DSB-O VI , RMD, RPT, AFI etc.
- To prepare NII Statement in compliance with US GAAP.
- To provide various set of data point (Financial/ Non- Financial) to Outside institutions, Corp
- Communication team, analysts
Manager
Indusind Media & Communication Limited
Andheri (E)
05.2010 - 05.2011
- Execution of Internal Audit of Head office, branches, Joint ventures & Headends.
- Verifying Statutory Compliances, legal agreements, and checking major constituents of financial statements & reporting of process Lapses, if any.
- Preparation of audit report for Management Review
S. S. Rane & Co
Dadar
05.2009 - 04.2010
- Internal, Compliance Audits of various corporate clients:-
- Tata Motors Finance Ltd, Thane - Process audit
- India Infoline limited - Concurrent audit pertaining to the portfolio management services
- Diageo India Limited
- Handled various supply chain assignment such as stock take, trade spends.
- Reliance Retail Audit -Internal audit of front end stores as well as distribution centers, hyper stores
Trainee
HDFC Bank Limited
Lower Parel (Fincon)
06.2008 - 03.2009
- Preparing ‘BDP Reports' (Business Division wise Profitability) for Top management review
- Preparation of NII Statements (Net Interest Income) & Net Income statement of each division
Trainee
S.M. Prabhudesai & Co
Dombivli (E)
06.2007 - 03.2008
- Handling various types of Taxation of Private Ltd
- Cos as well as partnership firms, accounting of various Companies
- Conducted VAT audit of clients.
Mittal & Associates
CST
04.2006 - 05.2007
- Statutory Audits of Banks (Jammu & Kashmir Bank) & Listed Companies - Sakuma Exports Ltd, Mumbai
- Tirupati Udyog Pvt Ltd (Pvt
- Co
- Based at Hyderabad)
- Concurrent Audits of Banks: State Bank of Indore - Fort Branch, Dombivali Branch, Central Bank of India - Mumbai Main Office, CDSL (Central Depository Services Ltd)
- Internal Audit of Broking firms.
Education
CA Final -
ICAI
11.2008
M.Com I -
Mumbai University
01.2007
B.com -
MCC College, Mulund
01.2006
Graduate -
MCC College, Mulund West
01.2006
CA P.E – II -
ICAI
11.2005
CA P.E - I -
ICAI
05.2004
H.S.C -
MCC College, Mulund
01.2003
S.S.C -
TVM, Dombivali
01.2001
Skills
- Financial Acumen
- Performance Improvement
- Growth planning
- Business Planning
- Strategic Planning
- Internal Communications
Skills Achievements
- Had been part of Talent Pool for consecutive 2 years in HDFC Bank – Finance
- Effective communication and the ability to manage competing priorities and a high volume workload.
- Able to multi-task and prioritize effectively and able to work well with people at all levels.
- Energetic, positive and self-motivated.
- Ability to easily grasp new software and accounting packages.
- Scored 100 Out of 100 marks in Management Accounts Subject in TY B COM.
Personal Information
- Date of Birth: 10/25/85
- Nationality: Indian
- Marital Status: Married
Disclaimer
I, Saket Agte, hereby declare that the information contained herein is true and correct to the best of my knowledge and belief.
Languages
English
First Language
Marathi
Advanced (C1)
C1
Hindi
Advanced (C1)
C1
Gujarathi
Elementary (A2)
A2
Timeline
Head- FPnA
HDB Financial Services Limited
10.2020 - Current
AVP
HDFC Bank
06.2011 - 10.2020
Manager
Indusind Media & Communication Limited
05.2010 - 05.2011
S. S. Rane & Co
05.2009 - 04.2010
Trainee
HDFC Bank Limited
06.2008 - 03.2009
Trainee
S.M. Prabhudesai & Co
06.2007 - 03.2008
Mittal & Associates
04.2006 - 05.2007
CA Final -
ICAI
M.Com I -
Mumbai University
B.com -
MCC College, Mulund
Graduate -
MCC College, Mulund West
CA P.E – II -
ICAI
CA P.E - I -
ICAI
H.S.C -
MCC College, Mulund
S.S.C -
TVM, Dombivali
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