Chetan Sehgal

Experience

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  ARTICLESHIP

  Jan 1992 - Jan 1995

  Pune Article Clerk Price Waterhouse

  Successfully handled the following assignments:Statutory auditsManagement audits / Internal AuditsLimits review Packages Due diligence reviews Tax auditsRoyalty certificates

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  Höganäs AB

  Jan 1993 - Jan 1995

  Auditor
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  Anand Mehta & Co

  Jan 1997 - Jan 1998

  Office in charge

  In charge of the Pune officePlayed a key role in setting up the office at Pune.Conducted and supervised various statutory auditsInvolved in planning the assignment schedules in coordination with clients.Conducted and supervised management audit assignments.Carried out various Tax related matters including liaison with tax authorities.

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  Mega Ace Consultancy

  Nov 1998 - Mar 2003

  Manager Finance

  LtdManager Accounts and Financial PlanningAdministered various accounting activities functions and preparation of MIS reports.Handled Advance Tax Planning for the company and assisted in the representation of block assessment case under the income tax act.Successfully executed an assignment for formulating initial "User requirement Definition " for the Banque National de Paris, Mumbai towards the development of an "Expense management System"Executed the preparation of an Accounting Manual for setting up accounting system & reporting formats.Devised and effectuated various financial plans for project Advisory assignments. Led the project for representing the Company to the Government of Orissa - Education department; an assignment for introducing I.T. education in school curriculum in Orissa at all levels.Acted as a branch coordinator between the branch/ head office in regards to MIS & operational reports. Monitored the cash flows as regards the Operations. Show less

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  HDFC Bank ltd

  Mar 2003 - Dec 2003

  Assistant Manager

  Monitored the overall payment processing operations encompassing vendor revenue payments foreign payments and payments to internal customers. Ensured all processing as per the six sigma parameters.Verified TDS and Service Tax related compliance for payments.Synchronized activities to facilitate smooth end to end functioning of the Payment desk.

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  ICICI Bank Ltd

  Jan 2004 - Apr 2006

  Assistant Manager

  Monitored cash balances of branches towards weeding out & identifying areas of waste and requirement.Interfaced with other departments for resolution of issues if any. Successfully handled internal cash related branch returns / reports.Successfully monitored the Inter branch reconciliation accounts of the bank.Coordinated resolution of the outstanding entries for minimizing the aging of the entries.

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  Royal Sundaram Alliance Insurance Co. Ltd

  Apr 2006 - Jun 2007

  Manager Accounts (Western Region)

  Directing the overall accounts & finance operations for 5 branches across western region.Remarkable efforts towards providing inputs for regional financial results.Facilitating the implementation of business strategy, with respect to financial plans and targetsEnsuring appropriate service to internal customers in line with quality standards.Major role in reviewing, developing and improving the financial business processes thereby optimizing efficiency and improving customer satisfaction.Ensuring implementation of appropriate procedures to maintain the security and confidentiality of financial records (paper, electronic, etc.) Monitoring business performance, analyzing variances against plans/ budgets, and recommending appropriate action to support delivery of agreed performance targets.Resourcefully managing the following accounting functions:Receipting of premiums.Processing claim payouts.Expense payments.Bank reconciliations.TDS payments and returns.Actively involved in following up and co-ordinating with other insurance companies regarding co-insurance transactions.Preparing and submitting monthly reports to management (accruals and reconciliations Show less

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  Zensar Technologies

  Jun 2007 - Aug 2015

  Manager - Treasury

  Accountable for monitoring the currency (USD, GBP and ZAR) and booking forward contracts.Taking spot rates on the basis of available balances, accomplishing FOREX related formalities with the respective Banks.Formulating the MIS related to FOREX, interfacing with Company's FOREX Consultants & Banks for fund / non-fund based requirements (LCs, BGs and SBLCs).Co-ordinating and implementing accounting policies and the RBI certifications with the statutory auditors related to forex hedging Co-ordinating the working capital meeting between various units for tracking receivables and collections Conducting the valuation of properties & assets for fulfilling Bank requirements of maintenance of limits and funding.Inviting competitive quotations for company's insurance policies.Developing the data for proposals / questionnaires for renewals and processing the insurance claims.Liaising with the AD (Authorized Dealers - Banks) for completing the RBI compliance formalities with respect to Foreign Branches and Subsidiaries (Filing Form ODI, APR, etc.).Played a pivotal role in interfacing with:PF Team and intermediaries for competitive quotations and investment of funds on timely basis.Various Departments for the provision of information to Rating Agencies (ICRA) for sanctioned bank limits. Zensar has been given LAA for long term sanctioned fund non fund based bank limit and A1+ for short term sanctioned bank limit).Successfully aligned the meeting of the PF Trustees for their review and approvals. Show less

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  Capgemini

  Nov 2015 - Nov 2016

  Lead Consultant Global Treasury

   Handled Banking relationship management.  Handling Treasury Function for Capgemini FS GBU including Collection, Banking Relationships, Reporting, Credit Risk analysis, Forex Conversion, Forward hedging, limit sanctioning, Workingcapital Management, and acting as Cash Controller Review with Receivables team to monitor aged receivables to ensure timely collection. Managed to meet the agreed Business cash flow. Working Capital/long term loans.  Controlling Bank Liaisons for regulatory compliances  Inputs to Invoicing, Revenue, accruals, reinstatement, Forex and closing. Piloting streamlined collection and review of AR Ageing invoices, Chasing Collections Steering cash flows for the entire Global BU extending operations in various countries including entire North America, India, UK, Europe, Middle east and many APAC countries. Controlling inter-company funding, statutory compliance and governance, operational working capital, funding and investment optimizing any arbitrage opportunity. Daily Global cash position reporting by currency, by legal entity, by bank along with reasons for changes in daily cash balances. Inter-company and Intra Company transactions Show less

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  Tata Technologies

  Jul 2017 - now

  Treasury Manager

  Corporate , Receivables, Payables and Treasury : Daily Cash flow monitoring (liquidity and cash position, globally) Processing and Vaildation of Foreign Currency Payables , Query resolution & related month end activities  Banking relations- Setting up, review of Fund and non-fund limits, national and international  Insurance renewals – Liaising with Insurance brokers, internal customers (D&O, CGL, PI, Aviation Liability, Transit, Property, etc.)  Audit and accounting related to Investments and Treasury MTM Borrowing related activities with banks – compliances, negotiations covenants PCFC – Packing credit foreign currency related banking activities  Co-ordinating and conducting the Credit rating exercise for the Company RBI compliances – Annexure I and III,FLA, APR, UFCE Managing Investments and surplus funds – short term and long term (Mutual funds, etc.) Inputs for formulation of investment policy and hedging policy Overall responsible for statutory and internal audit fulfillment  Support the delivery teams for insurance related inputs to RFP Bank Guarantee and letter of credit processing Supporting the receivables team in improving the run rate (debtors aging) Supervising and co-ordinating the EDPMS reporting process  Retiral Trust investments planning , approvals and processing Forex related activities: Hedging policy inputs Dealing with banks for forward contracts Annual RBI certification of Statutory auditors and other related compliances  Responsible for Overall treasury management for the company Show less