Abhay Agrawal

Experience

• 

  Bank of America Merchant Services

  Jan 2006 - Jan 2009

  Associate
• 

  MetLife

  Jan 2008 - Jan 2010

  Sr .Associate

  Accounting & Reporting for Financial Instruments

• 

  EXL

  Jun 2011 - May 2014

  AM

  Onsite US/U.K Taxation accounting closing and reporting as per US GAAP(FAS 109/ASC 740)• Analysis of profit statements between current quarter & previous quarterand prepare explanation for the material variances• Variance Analysis (actual v/s budgeted) for the client in order to calculateprojection figures for the coming quarters• Filing of completed work papers and consolidated files with client’s highermanagement and addressing to their questions after discussion withaccounting & tax controllers• Handling audit queries and Binders (PWC and KPMG); proposing JournalEntries• Updating G/L viz. Tax stream; Comshare• Reviewing of import file updated from Perm/Temp adjustments workpapers for One Source Tax Provision application & validate the numbers.• Responsible for quarterly submission by local offices (APAC, EMEARegion) to NY head quarters, performing key accounts reconciliation, andpreparation of Regional Analytics documentation as a part of SOXcompliance• Preparation of process SOPs and discrete items. (FIN- 48, ValuationAllowance, Remediation, True-Ups) dashboards, Effective Tax RateAnalysis Show less

• 

  BT Group

  May 2014 - Dec 2015

  Finance Analyst

  Successfully transitioned 2 FTE process outsourced to third party, back toBT India• Performing monthly P&L and B/S review-variance analysis along withcommentary• Month End Accruals, follow up and Monthly connect with various Stakeholders.• Worked on quarterly forecasting by partnering with the business segmentsand marketing teams to understand the outlook of revenue, reporting thesame to senior leadership and the Global Finance team• Preparation of Monthly & Quarterly Business update decks consisting ofVariance to Budget/Forecast with commentary• Organizing monthly review calls with country controllers. Discuss teamperformance and next steps• Build strong partnership with UK onshore team and minimize/manageescalations• Working very closely with the Senior Management to define SLAs, metrics,process improvement measures etc… Show less

• 

  MetLife

  Jan 2016 - now

  Aligned with FMG handling different asset classeslike Debt Syndication, Private Securities, Public Foreign Securities & PAMData Integrity• Currently involved in Alteryx implementation. Workflows implementedcreating savings of 60 hours per year.• Three YB projects related to Suspense Aging, Private Securities Break inAladdin & Bank Loans Open items closed giving client a benefit of morethan 2 FTE.• Team of 11 in 2016 grown to 20+ FTE over 4 years, is responsible forcomplete accounting of daily cash, interest & principal payments, trades,etc…• Responsibility for monthly GL Variance Analysis, Late entries, Auditqueries, etc..• Reconciliation between PAM(Ledger), Aladdin(Trading) & Bank to maintainasset positions, cash positions at portfolio level• Developing & reporting Control Reports, Key metrics & Monthly ControlPackages. Show less

  • Unit Manager

    Nov 2020 - now

  • Assistant Manager

    Jan 2016 - Nov 2020