Assistant Vice President at Kotak Mahindra Bank (2024-07 – Present)
Business FP&A role focused on financial analysis, management presentations, and business planning & budgeting
- Prepare and present monthly and quarterly KPI scorecards covering Spreads, Asset Book, and Fees to the Business Head, enabling data-driven performance reviews.
- Tracked deal pipeline and conducted spread analysis to support forward-looking financial projections and revenue planning.
- Published monthly RM/SRM Leaderboards tracking Financial and Non-Financial KRAs, driving performance visibility and accountability across the team.
- Performed red zone checks to proactively identify risk exposures and operational concerns, enabling timely corrective action.
- Prepared executive-level management presentations consolidating business performance insights for senior leadership and strategic decision-making.
- Led annual budget preparation in collaboration with business and cross-product stakeholders, ensuring alignment across functions.
- Managed current year estimates and rolling budget processes across multiple regions, ensuring accuracy and timeliness.
- Allocated regional budgets based on strategic priorities and historical performance trends, ensuring equitable and goal-aligned distribution.
- Defined, communicated, and monitored KRAs for Relationship Managers, fostering a culture of accountability and performance excellence.
Finance Controller at Kotak Mahindra Bank (2020-02 – 2024-06)
Senior Manager role in financial control and reporting
- Prepared Monthly and Quarterly P&L and Balance Sheet analysis, identifying MoM/QoQ variances and presenting findings to support strategic decision-making
- Developed comprehensive CFO Board Pack covering BSPL, NIM, CASA, and exceptional items with granular-level insights for board-level review.
- Led Annual Budgeting and Financial Planning cycle, ensuring full compliance with RBI regulatory norms and strategic business alignment.
- Managed end-to-end NIM calculation and yield analysis, delivering actionable insights on interest income trends and cost of funds optimization.
- Ensured strict compliance with RBI provisioning norms by accurately computing Standard Asset Provisions on a periodic basis.
- Played a key role in Core System Migration, partnering with the IT team to enhance financial reporting accuracy, data integrity, and internal controls.
Deputy Manager at HDFC Life (2018-11 – 2020-02)
Accounts Payable role focused on provisions, variance analysis, and cross-functional coordination
- Coordinated with cross-functional teams to finalize monthly provisions, ensuring accuracy and timely closure
- Conducted monthly variance analysis comparing actual spending against budget and provisions, highlighting key deviations for management review
- Prepared and reported Old Provisions Ageing analysis to Senior Management, supporting timely write-off and clean-up decisions
- Guided cross-functional teams on provisioning concepts and methodology to improve estimation accuracy across departments.
Articled at S.P. Kanekar & Co. (2015-08 – 2018-09)
Articleship experience in audit, internal audit, and taxation
- Audit under Companies Act- Audits of taxes, payroll, ageing analysis, and statutory compliances
- Internal Audit of Cooperative Bank- Examining areas of revenue leakage, routine banking operations, and RBI compliance
- Direct Taxation- Upkeep of accounting records, income calculation, and submission of income taxes
