Yusuf Ahmed
Vice President, Finance Transformation
Summary
Top-notch finance professional with over 15 years of experience in Finance & Business Management. Builds strong work relationships and partners well with internal teams to facilitate quick resolution of issues and deliver superior client service. Assess, construct, and execute sound decisions when faced with challenges with minimal supervision. Skilled in identifying opportunities and implementing practical business strategies with commitment to staying informed about latest trends, technologies and best practices.
Overview
16
16
years of professional experience
4
4
Languages
Work History
Vice President, Finance Transformation
Citicorp Services India Pvt. Ltd.
06.2022 - Current
- Revamping fixed asset sub processes, leading to a yearly saving of 2 consultants and 1 full-time employee equivalents.
- Implementing advanced data analytics tools for decision-making across all levels of the organization for intercompany matching process
- Develop from scratch a new daily intercompany process for the company to strengthen internal controls, achieve an efficiency rate of over 80%, and decrease month-end breaks.
- Leveraged technology to automate workflows and streamline processes, resulting in increased productivity and cost savings across the organization.
AVP, Regional CTI & CRS Controller, Asia O&T Business
Citicorp Services India Pvt Ltd
01.2020 - 05.2022
- Being responsible for a $1.8 billion balance sheet.
- Providing monthly financial, risk, and mitigation updates to the Asia Controller.
- Collaborating with over 12 country teams, FP&A and country controllers to maintain accurate P&L and Balance sheets.
- Implementing process transformation using tools like Knime and Power Bi.
Manager, Charge Out Controller, Asia
Citicorp Services India Pvt Ltd
11.2017 - 12.2019
- Responsibility for inter-company charge-outs amounting to over $130 million to various units within Citi.
- Collaborate with a charge-out team and global controllers to mitigate risks and ensure that allocations follow the internal citi service agreement.
- Receiving a Gold Award from APAC Controller for developing a new Charge out governance process associated with charge-outs in the APAC region, leading to enhanced control, increased transparency, and reduced escalations.
Assistant Manager, Regional Controller
Citicorp Services India Pvt Ltd
10.2015 - 10.2017
- Conducting EBIT analysis for the CTI & CRS segments with the APAC region.
- Establishing a new governance process for system reconciliation concerning intercompany allocation.
- Providing assistance to O&T Controllers with month-end financial closing procedures, which include journal entry reviews, balance sheet analysis, and income statement reviews.
- Collaborating with Controllers to reduce Balance Sheet & P&L risks during the month-end financial closing period.
Senior Analyst, Financial Analysis, Global Investment Banking, Planning & Analysis
J.P. Morgan Services India Pvt. Ltd.
01.2014 - 10.2015
- Dual role in managing the Corporate Finance Market Analysis & Client Revenue Reporting process for Emea, which serves as center of expertise for Market performance and client revenue reporting to senior management across Products, regions & Industries
- Produce Market performance EMR: Analysis & commentary presented in the J.P Morgan earning and press releases
- Preparing & Presenting the Product, Industry & Country performance packs to product, industry & country heads on a monthly basis
- Produce the forecast revenue summary for Investment Banking on a weekly basis
Financial Analyst, Middle Office, Client Billing
JP Morgan Services India Pvt Ltd.
01.2012 - 12.2013
- Travel to New York for 2 months for Liaison Role Migration to Mumbai
- Provide support to a wide range of areas such as Debt Capital Markets, Global Emerging Markets, ECM and Syndicated Leverage Finance in managing the billing and expenses for their deals by increasing their reimbursements and decreasing the firm's expense base, and ensure projects adhere to accounting controls and company policies
- Product & Industry Level Reporting & Analysis on outstanding invoices, Accruals, Reserves, un-billed expenses & On Account Payments.
- Re-Engineered the Liaison Role process which has generated an additional revenue of $600,000 annually for the firm
Senior Team Member, CIB, Client Billing
J.P. Morgan Services India Pvt. Ltd.
04.2010 - 12.2011
- Responsible for Payments, End of Day Process, reviewing the journal entries, Project Set-Ups, Expense Upload, Rejects
- Responsible for Inter Entity Cash Settlement Process for North America.
- Reconciliation between Sub-Ledger & Ledger and resolving the breaks within the stipulated time.
- Producing meaningful commentary and analysis of financial data.
Team Member, Global Investment Banking, Control
JP Morgan Services India Pvt. Ltd
04.2008 - 03.2010
- Project Set-Ups, Data Quality Analysis, Project Expense Analysis & Expense Reject clearance.
- Reconciliation between Sub-Ledger & Ledger and resolving the breaks within the stipulated time.
Education
Bachelor of Commerce with Specialization in Accounting - Financial Accounting
M.M.K. College of Commerce, University of Mumbai, Maharashtra
Mumbai, India06.2008
Skills
Proficient in Microsoft Office, Visual Basic Applications (Excel Macro), Python, Microsoft Power BI, KNIME Analytics
Competitor & Market Analysis
Accounting & Controllership Functions
Reporting
Accounts Receivable Process
Business Planning & Analysis
Automations
Process Transformation
Intercompany Matching Process
Intercompany Matching Process
Risk Management
Team Leadership
Accomplishments
- Citigroup: Global FRSS Employee of the month award Aug'22, Gold Award Dec'22, Platinum Award Dec'2020, Gold Award Jun'18, Praise Award 2016
- JP Morgan: 2 times Team of the Quarter, GFO & IS (Biggest Finance Award in JP Morgan) Individual award winner Q4,13 for generating $600k yearly revenue for the firm, 3 times Quarterly Spot awards.
Timeline
Vice President, Finance Transformation
Citicorp Services India Pvt. Ltd.
06.2022 - Current
AVP, Regional CTI & CRS Controller, Asia O&T Business
Citicorp Services India Pvt Ltd
01.2020 - 05.2022
Manager, Charge Out Controller, Asia
Citicorp Services India Pvt Ltd
11.2017 - 12.2019
Assistant Manager, Regional Controller
Citicorp Services India Pvt Ltd
10.2015 - 10.2017
Senior Analyst, Financial Analysis, Global Investment Banking, Planning & Analysis
J.P. Morgan Services India Pvt. Ltd.
01.2014 - 10.2015
Financial Analyst, Middle Office, Client Billing
JP Morgan Services India Pvt Ltd.
01.2012 - 12.2013
Senior Team Member, CIB, Client Billing
J.P. Morgan Services India Pvt. Ltd.
04.2010 - 12.2011
Team Member, Global Investment Banking, Control
JP Morgan Services India Pvt. Ltd
04.2008 - 03.2010
Bachelor of Commerce with Specialization in Accounting - Financial Accounting
M.M.K. College of Commerce, University of Mumbai, Maharashtra