VICKY BAID
Mumbai
Summary
Objective finance leader with demonstrated success leading financial systems and programs. Knowledgeable about regulatory requirements and successful strategies for maintaining optimal controls. Well-organized, proactive and adaptable to changing markets.
Overview
17
17
years of professional experience
Work History
Group Treasury Manager
Puma Energy
2023.04 - Current
- Optimized group cash flow by implementing effective cash management strategies and monitoring daily liquidity positions.
- Implemented robust cash flow forecasting models to accurately predict future cash needs and inform decision-making within the organization.
- Developed strong relationships with banking partners for improved service levels and competitive pricing negotiations.
- Collaborated cross-functionally with other departments such as finance, accounting, tax, legal, and procurement to ensure seamless integration of treasury-related activities.
- Provided valuable insights to senior management on matters related to cash, investments, and risk management for informed decision making.
- Contributed to annual budgeting processes by providing accurate projections of interest income, expenses, and capital expenditures related to treasury operations.
- Prepared and presented financial reports to inform senior management and board of directors.
Assistant Vice President of Finance
JP Morgan Chase
2019.09 - 2023.04
- Strategic Leadership: Adept at providing visionary leadership and direction to FP&A teams, guiding the development and execution of financial strategies aligned with corporate objectives
- Skilled in setting clear goals, fostering innovation, and driving continuous improvement
- Financial Planning & Forecasting: Demonstrated expertise in leading the development of robust financial models, budgets, and forecasts to support short-term and long-term planning efforts
- Proficient in leveraging industry insights, market trends, and business intelligence to drive accurate projections and informed strategic decision-making
- Planning for flows through productivity model, balances, revenue, expense, and spreads for credit & deposit banking products over a 2-year planning period
- Active participant in monthly Risk & Opportunities (R&O) forum and assessed delinquencies
- Evaluated risk metric (PD, LGD, EAD) & analyzed credit cost impacting Balance Sheet capital & income statement (P&L), for quarterly allowances using US GAAP CECL method, managing a global credit portfolio of $219Bn
- Developed a credit surveillance model for global Chief Risk Officer (CRO) summarizing delinquent client information for strategic discussion and decision making
- Collaborated as finance representative with Legal Entity Controllers (LEC), Risk and legal team to assess periodic financial impact for troubled debt restructuring (TDRs)
- Crafted board-level, senior management, and CFO decks, showcasing financial performance and highlights across varied metrics such as legal entity, regional presence, business segmentation, product pallet, and client penetration
- Conducted & reviewed quarterly/yearly regulatory reporting of financials for SEC submissions, Office of Comptroller of Currency (OCC), Federal Reserve Board (FRB), European Central Bank (ECB), and IFRS9 reviews
- Oversaw controls for private bank finance, representing finance reviews by internal auditors & ensuring SOX compliance
- Highlights: Partnered with product CFO in a project worth $10Bn aiming towards client penetration into deposit business globally
- Capacity Model of lending product showing the growth in business vs
- Headcount and market penetration
- Analysis of credit portfolio during economic slowdown including negative revenue SVA and its collateral impact to understand the drivers for informed strategic decision-making
- Owned global risk adjusted revenue (RAR) metrics for bankers & advisors, showcasing their revenue scorecard and performance assessment
- Produced periodic financial decks offering detailed representation by business, product, and risk-based for all regional heads (RPL), highlighting regional performance along with market level impacts.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
- Created financial dashboards to provide insights into key performance indicators.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Supported executive decision-making with ad-hoc analyses, highlighting potential risks, opportunities, and areas for improvement.
- Improved financial forecasting accuracy by developing advanced models and utilizing historical trends.
- Enhanced stakeholder understanding of financial performance through clear and concise presentations.
- Implemented a robust financial planning system, allowing for more efficient data collection and analysis.
- Played an instrumental role in annual budget development by working closely with department heads to establish realistic projections based on historical data analysis.
- Drove increased profitability through rigorous cost control measures and strategic resource allocation decisions informed by comprehensive financial analysis.
- Collaborated with cross-functional teams, ensuring alignment between financial plans and business goals.
Regional Financial Controller
Citibank
2015.08 - 2019.09
- Collaborated with senior leadership & CFOs to develop strategic financial plans, forecasts & budgets aligned with corporate objectives.
- Collaborated closely with regional sales teams to establish revenue forecasts based on historical trends and market conditions.
- Coordinated successful external audits by preparing all required documentation and addressing auditor inquiries in a timely manner.
- Promoted a culture of accountability within the organization by regularly reviewing financial results against target metrics like budgets and addressing variances as needed.
- Facilitated improved decision-making by providing senior leadership with detailed ad hoc financial analyses & presentations upon request.
- Identified cost-saving opportunities through comprehensive expense analysis, resulting in significant operational savings for the company.
Senior Financial Reporting Analyst
Deutsche Bank
2011.11 - 2015.08
- Developed robust data validation procedures to ensure the highest level of accuracy in reported figures.
- Developed customized financial reports tailored to specific business unit needs, enabling better decision making.
- Managed the month-end close process efficiently, ensuring timely and accurate submission of financial statements.
- Enhanced internal controls for financial reporting, reducing risk of errors and discrepancies.
- Coordinated with external auditors during annual audit process, providing necessary documentation and support.
- Established strong working relationships with stakeholders across various departments to foster collaboration on finance projects.
Senior Tax Consultant
Deloitte
2010.01 - 2011.04
- Maintained positive relationships with both existing and prospective clientele through excellent customer service and responsiveness.
- Evaluated client financial records to identify opportunities for reducing taxable income through strategic planning.
- Facilitated smooth communication between clients and taxing authorities during inquiries or disputes, achieving favorable outcomes.
- Prepared accurate federal, state, and local tax returns for individuals and businesses within required deadlines.
Senior Audit Analyst
PVC Financial Advisory
2007.08 - 2009.04
- Strengthened client relationships through regular communication, timely delivery of results, and professional demeanor during meetings.
- Assisted external auditors during annual audits by providing necessary documentation and addressing inquiries promptly.
- Improved internal control systems for financial reporting by conducting thorough audits and providing actionable recommendations.
- Maintained up-to-date knowledge of industry best practices and emerging trends to ensure accurate assessments of client operations.
Education
MBA - Finance
Mumbai University
Skills
- Financial Controller
- Financial Planning & Analysis
- Strategic financial planning
- Budget Compliance
- Policy Planning
- Internal control management
- Stakeholders Management
- Cash Flow Management
- IFRS Knowledge
- Organizational Skills
- Financial statement review
- Bank Relationship Management
- ERP System Experience
- Cash Management Expertise
- Asset Allocation
- Cost Control
Websites
Awardsrecognitions
- AWM Finance “Achiever of Year - Finance” for 2020 exceptional business contribution
- Recognized as “Best Manager” in 2020 for excellent leadership qualities within GF&BM India.
- AWM Finance “Business Excellence for 2Q20” Team Award for Transformation & Critical Projects.
- Recognized with Galaxy of Thanks Award for excellent performance & consistency.
- Achieved cost saving worth $1.9M by resolving critical foreign exchange variance impact on P&L.
Softtechnicalskills
- Collaboration
- Change Agent
- People Management
- Alteryx & Tableau
- Power BI
- SAP & ERP
Timeline
Group Treasury Manager
Puma Energy
2023.04 - Current
Assistant Vice President of Finance
JP Morgan Chase
2019.09 - 2023.04
Regional Financial Controller
Citibank
2015.08 - 2019.09
Senior Financial Reporting Analyst
Deutsche Bank
2011.11 - 2015.08
Senior Tax Consultant
Deloitte
2010.01 - 2011.04
Senior Audit Analyst
PVC Financial Advisory
2007.08 - 2009.04
MBA - Finance
Mumbai University
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