Ankur Garg

Experience

• 

  MTNL

  Aug 2002 - Nov 2005

  Accounts Executive

  MTNL is a Public Sector undertaking providing telecommunication services in Delhi. As an accounts executive handled various finance and accounting activities like revenue & cost accounting, maintenance of Fixed Assets Register, preparation of monthly Trial Balance, management of Comptroller and Auditor General of India (CAG), Internal and Statutory audits.

• 

  Genpact

  Dec 2005 - Dec 2009

  Managed the offshore team of 10 people supporting the financial control process of the business. As an individual contributor supported the Impairment provisions finance team. Went on an onsite transition for four months to United Kingdom and helped the business in setting-up an off-shore team in India. Onsite posting in United States in the Marketing Finance team of the business. Key responsibilities include compliance with US GAAP, monthly closure of books, performing P&L analysis by products, providing monthly overview of the business, interaction with the leadership and work on the project in closing down the business sale. Managed the offshore financial planning and analysis team of 5 people for the HQ functions of GE Money Americas. Individually supported as Finance analyst for Risk, Decision science & collections functions of the business. Key responsibilities include finalization of accounts, budgeting & forecasting, MIS reporting.

  • Manager, GE Money U.K Home lending

    Oct 2008 - Dec 2009

  • Manager, GE Money Americas Partnership Marketing Group

    Oct 2007 - Sept 2008

  • Assistant Manager, GE Money Americas HQ

    Dec 2005 - Sept 2007
• 

  Bank of America

  Jan 2010 - Mar 2012

  Senior Manager

  Managed the Global Wealth & Investment Management team of 15 people providing Management Reporting & Controllership support to the Bank’s Wealth & Investment Management Business (Bank of America Merrill Lynch) for US, Latin America & Asia regions. Activities vary from financial accounting, reporting, reconciliations, financial planning & analysis.

• 

  NatWest Group

  Apr 2012 - now

  Managed a team of c.60 people responsible for Balance Sheet substantiation of key divisions of the Bank including Retail, Corporate, Private Banking and, Support functions. Key responsibilities include • Define and build a Target Operating model for Balance Sheet Substantiation which involves consolidation & transition of multiple functions across the Bank into Balance Sheet Hub, alignment of substantiation process with the external reporting timelines, framework for Reasonable Enquiry of upstream controls. • Delivery of Financial Control responsibilities as regard substantiation including Balance Sheet analysis at franchise and legal entity level, identification of risks and issues through risk assessment, reporting and presentation of a substantiated and materially accurate Balance Sheet to the divisional CFOs in the organization.• Management of the Finance Transformation Project for Balance Sheet Substantiation to make the process more efficient & effective through process standardization, implementation of technology tools and process improvement. • Identify improvement opportunities around cost, customer experience and risk mitigation and define solutions, run pilots and help in execution where required.• Maintaining Process adequacy through effective and adequate controls per SOX perspective; getting the same audited by Risk team. Liaising with statutory/ external auditors to ensure statutory audit compliance• Training/Mentoring team leads to ensure successful delivery of processes and development of skillset and talent.• Driving initiatives across organisation like Risk culture and Awareness, Building business knowledge and learning culture. Show less Worked with Group Finance and Treasury Internal audit team providing audit coverage to the Finance Function of the Bank. Key responsibilities include• Leading audits including planning, testing and writing audit reports as well as discussing and agreeing audit findings and remedial action plans with key business contacts.• Providing functional leadership to regional and divisional audit teams performing local audits.• Developing the understanding of the audit universe and basis that proposing the annual risk based global audit plan for finance.• Providing bi-annual audit opinion on the offshore finance function, and articulating this to stakeholders.• Stakeholder relationship management to understand new developments, identify vulnerable areas and support risk based audit planning.• Representation of Internal audit in various business and risk forums of the Bank. Show less

  • Director, Risk and Controls

    Jul 2018 - now

  • Associate Director, Financial Control

    Jul 2015 - Jun 2018

  • Assistant Vice President, Internal Audit

    Apr 2012 - Jun 2015