Akshatha Shetty
Chartered Accountant (CA)
Mumbai
Summary
Versatile Senior Manager with an impeccable academic record, good interpersonal, communication skills, varied experience with specialization in Financial Planning and analysis and skilled at planning, implementing and overseeing key improvements to drive business growth and efficiency. Pursuing new professional challenges with a growth-oriented company.
Overview
9
9
years of professional experience
Work History
Senior Manager, Finance
SBFC Finance Limited
09.2021 - Current
- Managed the entire loan portfolio of the company and applied expert analytical skills and financial acumen to provide active support in developing organizational strategies by contributing financial & accounting information, analysis and recommendations
- Calculation of Credit cost by Expected Credit Loss (ECL) model in accordance with Ind AS 109 and monitored the health of the portfolio by analysis of Non Performing assets, regulatory ratios and its trends.
- Prepared Product P&L statements , Branch P&L Statements to assess current and projected financial performance relative to benchmarks as well as to evaluate the impacts of alternate strategies
- Achieved operational excellence by streamlining processes , introduced new systems, tools, processes and lead various automation projects to achieve challenging objectives
- Ensured smooth implementation of Oracle ERP and spearheaded change management efforts for seamless adoption of new systems or processes among employees
- Managed large scale projects like implementation of new Loan Management system across the organization and integrating the same with Oracle ERP,
- Collaborated closely with peers from other departments to drive organizational success jointly as one cohesive unit.
- Coordinated with Statutory auditors, Internal auditors, Regulators to address all queries and ensured smooth completion of audits.
- Assisted in preparation of DRHP and applying for Initial Public Offer of the company and part of the core team that worked towards getting the company listed on the stock exchange
- Consistently met or exceeded annual performance targets set by senior leadership.
- Improved team performance by providing comprehensive training and fostering a collaborative work environment.
Assistant Manager
HDFC Asset Management Company
09.2019 - 08.2021
- Managing Investment administration functions such as the settlement of Equity, Gold, Debt, and Futures & options deals, creating value addition in the fund accounting process.
- Executing Pay In and Payout of funds to the tune of 1 billion and more for deals in the stock market and accounting for those trades.
- Preparation and monitoring of cash flows, MIS reports, and ensuring timely provision of cash-related information and reports to various functions for optimizing utilization and enabling timely investment- related decisions.
- Valuation of securities across all Scheme portfolios and ensuring accurate computation of Net Asset Value of schemes.
- Managing relationships with Stakeholders, Outsourced vendors such as Custodians and Registrar & Transfer Agents for smooth coordination of all functions.
- Liasioning with the Banking and Channel partners for Seamless utilization of funds.
- Coordinating with auditors, regulators, compliance, legal team for completion of audits and for enabling accurate financial reporting
- . Preparation and filing of GST return along with timely payment of all statutory liabilities.
Audit and Accounts Assistant
NBS & Co. Chartered Accountants
01.2015 - 08.2019
- Central Statutory Audits of various Banks, trained and managed a team of 5 people along with being instrumental in examining, analysing, and reporting key findings and enhancing the internal processes.
- Statutory inspection of various Mutual Funds on behalf of regulators like the Securities and Exchange Board of India (SEBI).
- Handled Internal as well as Concurrent audits of companies and banks and analyzed the effectiveness of Internal Controls through risk assessment and monitoring of control components.
- Statutory Audit under the directions of Comptroller and Auditor General of India (CAG) of Listed Public Sector Companies as well as examined the financial statements of listed Private Sector Companies.
- Handled Income tax matters of 30 plus clients and filed their IT returns and helped them in making smart financial decisions and tax planning.
- Filed and prepared GST returns of clients, assisted with registration for the same, and conducted tax audits of diverse companies and individuals
Education
Certified Public Accountant -
CPA Australia
04.2001 -
Chartered Accountant (CA) -
The Institute of Chartered Accountants of India
04.2001 -
Skills
Financial Planning and Analysis
Team Management and Leadership
Interpersonal Relations
Decision-Making
Analytical Thinking
Interpersonal Relations
Accomplishments
- Awarded "Platinum Award" in Finance by the company for outstanding performance and being instrumental in organizational growth.
- Awarded "Emerging Star" Award for contributing to the profitability and growth of the organization.
- Participated and won prizes in Debates, Elocution at the university level and in varied competitions for topics ranging from socioeconomic issues to policy issues
Timeline
Senior Manager, Finance
SBFC Finance Limited
09.2021 - Current
Assistant Manager
HDFC Asset Management Company
09.2019 - 08.2021
Audit and Accounts Assistant
NBS & Co. Chartered Accountants
01.2015 - 08.2019
Certified Public Accountant -
CPA Australia
04.2001 -
Chartered Accountant (CA) -
The Institute of Chartered Accountants of India
04.2001 -