Karan Bhawsar

- Performing Market Risk and Credit Risk reconciliation, data analysis, and risk reporting for EMEA & APAC regions, guided by BCBS 239 for Loans, Issued Debt and OTC Products.
- Conducting root cause analysis for open issues and high-risk trade differences impacting risk reporting.
- Liaising with MRM and CRM to understand VAR and RWA impacts and documentation.
- Month-on-month consolidation and reporting of EMEA & APAC region performances, providing insights on achievements and challenges.
- Attribute reconciling: Market Amount, Notional Amount, Counterparty Info, Maturity Date, Currency, Entities, Department IDs, and other trade details.
- Maintaining reference data sets for Risk, Finance, and Treasury, ensuring consistency and governance.
- Ensuring integrity of data for Risk, Finance, and Treasury metrics and reporting.
- Reviewing and proposing strategic changes and performing testing for accurate results.
- Liaising with stakeholders to resolve breaks between systems through strategic changes.
- Good understanding of reconciliation design, platforms, and normalization techniques.
- Working with tools/applications: Intellimatch, CTC/Gresham, SQL database, Business Objects, Oracle OBIEE, Anaconda/Python, JIRA, MS-Access.
- Identifying data quality/data sourcing issues and driving resolutions.
- Involved in training, development, and process improvement.
- Leading daily conference calls with stakeholders, handling client queries and escalations, and presenting reports.
- Performing and overseeing daily validations and reconciliations.

• Followed up with delinquent accounts to obtain funds and reduce aging balances.
• Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
• Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
• Prepared balance sheets, cash flow reports and income statements.
• Managed outstanding balance amounts & GRIR by evaluating reports and determining collection statuses.
• Produce financial MIS reports, including Overheads report, COGM & COGS report, and upload site reports on Bayer SharePoint monthly.
• Conduct stock verification in-person and perform month-end cut-off reviews; carry out inventory reconciliation and aging analysis of FG, RM, and PM.
• Advocate for capitalization of fixed assets and maintain relevant documentation; manage asset retirement and scrapping from books.
• Perform Black line BSR reconciliation & SOX compliance for different GL accounts and upload results in the Black line system.
• Assist treasury team with import payment documentation.
• Support statutory and internal auditors during stock-taking and provide required documents; assist third-party auditors for asset verification.
• Review the cockpit weekly for stuck invoices and coordinate with departments for resolutions.
• Examine consumption of RM, PM, and FG through COID report and circulate findings

• Data extraction, analysis, and crunching for creating and reporting dashboards to senior management using charts and graphs in PowerPoint.
• Analyzing company performance details on a monthly, quarterly, half-yearly, and yearly basis.
• Worked on cost-saving projects and generated, maintained, consolidated, and tracked various reports daily.
• Data extraction from SAP modules (PP/QM/MM/SD/FI) and transforming data into meaningful outputs.
• Conducted stock valuation and aging analysis; provided timely feedback to management regarding the organization's health.
• Analyzed various reports (Production, Sales, Inventory, Maintenance) for an overview of the organization in different formats.
• Prepared daily plan vs. execution reports with forecasts and supply accuracy reports.
• Planned manufacturing activities, delivery schedules, ran MRP and created new methodologies to improve planning process and results.
• Devised sales plans and inventory plans for customers by product.
• Monitored processes and procedures, making sure company met compliance regulations.
• Checked and controlled inventory levels to identify risks and opportunities.
• Assisted with internal financial planning, analysis and budgeting.
• Evaluated employee performance and conveyed constructive feedback to improve skills.

• Analyzed financial statements against forecasts to prepare high-level variance analysis.
• Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
• Reduced process discrepancies through measured implementation of performance reporting and data systems.
• Enhanced internal control systems and procedures to mitigate risk and support opportunities.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
• Supported financial director with special projects and additional job duties.
• Created financial dashboards to provide insights into key performance indicators.
• Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
• Prepared internal and regulatory financial reports, balance sheets and income statements.
• Improved overall financial reporting by streamlining control processes and reporting structures.
• Managed all petty cash expenses and prepared salary sheets.
• Prepared invoices, cheques, and daily/monthly reports.

• Responsible for daily account transactions and bank reconciliations in Excel.
• Reconciled debtors' statements and coordinated with debtors.
• Prepared and processed stored and received invoices, cheques, statements, and reports for accounts receivable and payable.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
• Performed banking, business administration and financial tasks
• Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
• Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.

• Communicated regularly with clients to understand needs, evaluate current product use and cross-sell new products.
• Developed and cultivated lucrative relationships with both new and existing clients through effective communication and exemplary interpersonal skills.
• Achieved goals for sale of bank products and services and exceeded performance metrics for customer service.
• Built and maintained relationships with new and existing clients while providing high level of expertise.
• Responded to customer inquiries and resolved complaints to establish trust and increase satisfaction.
• Maintained knowledge on banking products and distribution to provide optimal service support.
• Achieved sales goals and service targets by cultivating and securing new customer relationships.
• Demonstrated products to show potential customers benefits and advantages and encourage purchases.
• Built relationships with customers and community to establish long-term business growth.