SWATI BHOWMICK
Bengaluru
Summary
Results-oriented finance reporting professional skilled in managing comprehensive financial reporting cycles. Expertise in ensuring compliance with US GAAP and international standards, while driving efficiencies in month-end close processes. Proven track record in delivering accurate financial statements and regulatory reports within tight deadlines.
Overview
2027
2027
years of professional experience
Work History
Legal Entity Control-Associate
JPMorganChase
Bengaluru
2025 - Current
- Conduct month-end analytical reviews of legal entities to ensure completeness and accuracy of financial statements, prepare various reports, and deliver legal entity and line of business financial commentary in line with regulatory reporting requirements.
- Perform legal entity accounting and control on a monthly basis, including month-end close processes, parent/child accounting, equity pick up, review of inter-entity breaks, and monitoring of unnatural general ledger balances.
- Controlled intercompany activity and provided variance commentary to ensure accurate financial reporting.
- Monitor the general ledger, including consolidation and netting activities.
- Investigate, analyze, and resolve issues, and respond promptly to ad-hoc queries.
- Assisted in booking model reviews and supported compliance monitoring with Legal Entity Control Standards.
- Participated in firmwide legal entity reporting projects, contributing to infrastructure improvements and process enhancements.
Manager
Haleon (GSK)
Bengaluru
2023 - 2024
- Managed month-end P&L and balance sheet activities, ensuring accurate and timely financial transactions for period-end close.
- Oversee month-end control processes, ensuring alignment with Group Internal Control Framework and policies.
- Oversaw outsourced team (Genpact) to ensure effective management of General Ledger, period-end close, and balance sheet reconciliation.
- Managed trial balance, prepared journal entries, and created analyses, schedules, and summaries for stakeholders.
- Provided detailed explanations for significant month-over-month and year-over-year variances in trial balance items to inform stakeholders.
- Ensure compliance with accounting standards, SOX controls, and global financial processes.
- Ensure SOX compliance, including preparation and review of documentation.
- Assist in statutory accounts preparation and audit deliverables.
Senior Financial Reporting Analyst
Ernst & Young
Bengaluru
2019 - 2023
- Executed multiple end-to-end financial reporting cycles for mutual and private equity funds, ensuring compliance with US GAAP, Lux GAAP, and IFRS.
- Managed accounting processes for private equity funds, guaranteeing compliance with US GAAP and industry regulations.
- Reviewed NAV calculations and capital allocations, ensuring compliance with fund agreements and waterfall models for accurate financial reporting.
- Demonstrated expertise in complex fund structures by reviewing and validating financial statements and disclosures.
- Conducted financial analysis, preparing investment schedules and realized/unrealized gain/loss roll-forwards to support accurate reporting.
- Ensured strict adherence to internal control frameworks and corporate policies, maintaining accuracy across all deliverables.
- Collaborated with external auditors, preparing audit schedules and addressing queries to facilitate efficient year-end audit processes.
Associate - 2
State Street
2018 - 2019
- Drafted and reviewed financial and regulatory reports in adherence to US GAAP standards on weekly, monthly, quarterly, and annual reporting cycles, ensuring accuracy and timely submission to external stakeholders.
- Prepared accurate and complete responses to regulatory inquiries, meeting all required timelines.
- Utilized automation tools, including Fund Suite, MCH, and Excel Macros, to streamline reporting workflows and enhance operational efficiency.
- Managed last-minute requests and high-priority tasks for ad-hoc projects, ensuring timely delivery and support.
Audit Associate
KPMG (Global delivery center)
2014 - 2018
- Conducted tests on financial statement accounts (investments, revenue, debt, cash, PPE, AP, AR, payroll), including rolling forward prior year data, updating current year figures, testing math accuracy, preparing lead sheets, and vouching selected samples.
- Drafted and finalized financial statements, verifying math accuracy and prior year figures while performing internal tie-outs between financial statements and notes.
- Collaborated with engagement team to complete Management Discussion & Analysis (MD&A) and press releases, ensuring math accuracy and consistency with prior year documents through internal tie-outs.
- Updated analytical files for the audit planning process.
- Facilitated onshore engagement team with audit matters by rolling forward e-Audit workbooks and files from prior year to current year, ensuring continuity and accuracy in documentation.
Education
MBA - Finance
West Bengal University of Technology
Kolkata, West Bengal01-2014
B.Com (Hon) -
Burdwan University
Asansol, West Bengal01-2010
Skills
- US GAAP and IFRS
- Regulatory reporting
- NPORT compliance
- Audit and Compliance
- Financial analysis
- GL reconciliation
- Stock reconciliation
- ERP and reporting tools (SAP, Alteryx, Tableau)
- Mutual funds and private equity
Accomplishments
- Managed end-to-end accounting for private equity funds, ensuring accuracy and full compliance with US GAAP and industry regulations.
- Led the preparation and submission of Form N-PORT filings for asset management firms, ensuring accurate data aggregation from multiple internal and external sources in compliance with SEC regulations.
- Played a key role in ensuring 100% compliance with NPORT and other regulatory reporting requirements for private equity and mutual fund clients.
Timeline
Legal Entity Control-Associate
JPMorganChase
2025 - Current
Manager
Haleon (GSK)
2023 - 2024
Senior Financial Reporting Analyst
Ernst & Young
2019 - 2023
Associate - 2
State Street
2018 - 2019
Audit Associate
KPMG (Global delivery center)
2014 - 2018
MBA - Finance
West Bengal University of Technology
B.Com (Hon) -
Burdwan University