CA Abinash Kund

Experience

• 

  The World Bank

  Nov 2013 - Nov 2014

  Financial Assistant

   Carrying out quality assurance reviews of updates made on Trust Fund’s masters & contribution ledgers, manual COFs and generating & reviewing monthly exception reports. Reviewing of the refunds to the donor initiated through credit memo module.  Handling the application contributions from the banks development partner’s towards various projects of the bank and other receipts to individual trust fund ledgers in a timely & accurate manner. Closely coordinating with the task team of the bank across the world, assisting in the Trust Funds Single Audit exercise and the Annual Letter of Representation exercise. Assisting in preparation of periodic operations reports, various metrics & analysis to measure the progress of trust funds accounting operations at Chennai. Participated in special projects on system changes, enhancements and testing. (e.g. – Trust fund financial Report and Letter of Representation) Assisted in providing analysis of deferred administration fees for the purpose of financial reporting to enable periodic remittance of deferred fee to IBRD. Initiating the process of granting or modifying of SAP access to fresh & existing employees in the trust funds and periodical monitoring of SAP TST access.  Assisting in preparation of monitoring report for manual charges to trust funds and reactivation of trust funds. Performed TF-IBRD weekly settlements. Show less

• 

  JPMorganChase

  Dec 2015 - Jun 2019

  Senior Financial Analyst

  - Monitoring integrity of the US GAAP ledgers of JP Morgan chase entities - Carrying out Month close activities e.g Nos-Vos re-class, Un-naturals balances analysis and other accruals - LOB and product wise - performance reporting for executive committee meeting - Performing detailed analysis of the balance sheet and P&L variances - Reporting numbers for month end capital hedging and it’s adjustments on events affecting capital - Daily Liquidity and exposure reporting as per the central bank regulation - Preparation and review of US federal standalone reporting process - Management of real time and appropriate responses to client queries - Highlights: - Made pivotal contributions to projects on Oracle to SAP migration & Process automations - Continuously migrated critical LEC processes and functions from Onshore locations and then standardized/automated these processes resulting in saving of 800 annual hours - Groomed multiple fresh hires to be able handle their responsibilities independently and meticulously - On boarded newly set up legal entities to Oracle financial system, monitored and resolved number of issues related to its submission to corporate ledger. Show less

• 

  Olam Information Services Private Limited

  Jun 2019 - now

  Financial Planning and Analysis Manager

  A Versatile professional with Strong professional ethics, successful in achievingbusiness objectives in a dynamic environment with core competence in FP&A, Business finance and finance controlling.- Lead annual budgeting activity and preparation of rolling monthlyforecasts for business review meeting- Track record of leading financial analysis; e.g analysis of AR factoring,currency exposure that led to long-term improvements in cost savingsand profitability-Playing a key role in ensuring that the business decisions are grounded,providing insight and analysis to support management, leading keyinitiatives in finance to support overall strategic goals-Wealth of expertise entailing planning and forecasting the requirementof funds for working capitalSteered efforts in:● Monitoring AR & AP outstanding of the SBU & Controlling the entireexpense payment process of the BU● Customer Credit and counter-party limit management and controlling● Reviewing Month end closing processes e.g. Direct/Indirect Costreview, Gross contribution reversal, PnL and BS review- Strong experience in business planning interfacing with commercial andbusiness teams-Working with Business Unit heads to build their annual budgets andforecasts, consolidating them into one overall budget.-Manages monthly reporting such as variance analysis vs plan and forecastfor both PnL and working capital-Participate & Drive standardization & automation projects for improvingprocess efficiency.-Enable and drive periodical connects among logistics and businesspartners to identify various process bottlenecks and aligning on solutions.-Understanding Tax implications on cross borders export transactions(VAT/Customs) and arranging for its compliance on invoicing, accounting,reconciliation & reporting.-Initiated and driven several system implementation/change requirementsto meet evolving business landscape. Show less