Amol Karmalkar Email and Phone Number
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What would I write in my memoir at the end of my working life ? Will it be a story worth reading ? Will it offer some encouragement or guidance to someone who has just begun their career? This is the question I ask myself. Well, this is me. My career over 21 years has taken me from Mumbai to Singapore & now in Pune. From the grueling travel to work daily in Mumbai during initial years at ICICI bank & JP Morgan to the comfortable Subways & Plush offices in Singapore over 11 years in offices of Barclays Capital, Royal Bank of Scotland (RBS), Credit Suisse and then working in Office-Home mix at my own venture MYNEWCAR.IN with frequent travels between Pune-Mumbai-Bangalore, it has been an eventful journey thus far. Each day brings forth new challenges and opportunities which I love. Mynewcar is growing leap & bounds and so is my journey. A Chartered Accountant & Certified Treasury Manager by academics. Managed APAC level projects in RBS (ledger integration, trade finance, reconciliations, Basel 3), supporting global business heads in business strategy (Financial Planning & Analytics) at Barclays and running the show at MYNEWCAR across all departments has exposed me to all forms of management and at all levels from internal stakeholders to external Vendors & Shareholders.I have been lucky enough to fulfil my hobbies alongside. From travelling across South East Asia & Europe, to trying my hands at brewing Beer and playing Badminton semi-professionally, it has definitely added to my patience, perseverance and an understanding of people & behaviour.As Co-Founder of Mynewcar, I am lucky enough to be working with a dedicated and enthusiastic team to scale business and deliver value to my customers & stakeholders. The market is ripe with opportunities and one has to stay committed and find a way through the posing challenges. Hope what I have achieved to date and my plans for the future will be an exciting read !
Mynewcar India
View- Website:
- mynewcar.in
- Employees:
- 34
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Chief Executive OfficerMynewcar India Sep 2024 - Present -
Chief Financial Officer (Cfo)Mynewcar India Jan 2016 - PresentMumbai Area, IndiaMYNEWCAR.IN is India's first multi-brand one-stop shop for buying new cars and related services. Car buying is an emotional journey that should be accompanied by joy and happiness. Our mission is to simplify the car buying process to a joyful experience. visit our website: www.mynewcar.inResponsible for overseeing all the financial activities of the company. Achieved over 2Mn Website visitors, 200K Customer Enquiries & USD 35 Mn Online Car Sales (GMV). Built a network of 22 car brands, 100+ dealers, 2 banks, 5 leasing companies & 2 subscription companies. Scaled business operations to 7 cities.• Ranked among the most promising ‘Auto E-commerce & Content Startups 2020’ by Tracxn -
Head Of Partnerships & StrategyMynewcar India May 2017 - Nov 2024Mumbai Area, India -
Co-FounderMynewcar.In Feb 2016 - Present
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Business PartnerShuttle Masters Badminton Coaching Center Jan 2021 - Jul 2024Pune, Maharashtra, IndiaOrganise tournaments, Revenue Management, Business Partnerships -
Project Manager - Finance ChangeCredit Suisse Jul 2015 - Nov 2015- Overseeing the impact of Regional initiatives on the Liquidity & Capital reporting for Singapore & Japan entities.- Regional Finance Change interface for Private Banking COO team for initiatives having an impact on Liquidity & Capital reporting. -
Vice President: Corporate & Institutional Banking Finance ChangeRbs Nov 2008 - Jun 2015SingaporeProjects involved:1. Implementing the Basel 3 Liquidity Reporting model for Asia Pacific.2. Strategic ledger implementation for India trade finance. 3. Strategic ledger implementation for Fixed Income Products for integrating RBS & ABN. 4. Implementing a daily cash reconciliation system for Asia Pacific between accounting and settlement systems. 5. Conceptualised & implemented the Asia Pacific Cost Analysis solution. 6. Re-engineered and enhanced the existing MI suite for the regional management. -
Project Manager: Cost Decision Support ChangeBarclays Capital May 2007 - Oct 2008Singapore- Global staff payment system upgrade – Assistant project manager: A global initiative to upgrade staff payments to SAP platform. - Expense and Invoice payment KPI’s process. -
Business Manager: Cost Decision SupportBarclays Capital Feb 2005 - Dec 2007Singapore- Migration of the cost control process from London to Singapore for Capital Projects business.- Led task segregation between Client facing and accounting ops teams. - Streamlined process as part of the shared service centre operating model.Financial Planning & Analysis: - Coordinate and review regional budget process. - Global finance business manager for capital projects (which includes Facilities and IT). Created governance design for project approval process.- Present critical trends and suggest remedies, analyzing Capex and P&L for finance management.- Review monthly project cost to identify potential operational and cost synergies. - Preparation of monthly Executive Committee packs with commentaries on key variances and other adhoc management packs on focussed analysis. -
Financial Information And Risk Management Division.Jpmorgan Chase Jun 2003 - Jun 2004- Migration of the financial reporting function from Sydney to Mumbai. - Monthly regulatory reporting for Jardine Fleming Ord Minnett group. - Manage and monitor P&L including the associated reporting, variance & trend analysis and the key activity drivers. -
Officer: Trade Finance Department.Icici Bank Jan 2003 - May 2003Mumbai Area, India- Verification of accounting transactions (Inward and Outward remittance) in Finacle.- Implemented an internal projects relating to an advanced work platform “Staffware” to enhance the end to end transaction flow of remittances.- Review of policies and procedures to ensure proper controls over remittances authorisation. -
Audit ManagerN.M. Raiji & Company Pvt Ltd Jun 2001 - Mar 2002Mumbai Area, IndiaAudits managed:- Morgan Stanley: Headed the Internal Audit team for two quarters.- HDFC Mutual Fund: Team member for the audit for internal controls system for brokerage income
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Audit AssistantM.V.Bhide & Co Pvt Ltd Aug 1997 - Jul 2000Mumbai Area, IndiaAudits managed:- Banks.- Indian Hotels pvt ltd.- Audit Bureau of Circulation
Amol Karmalkar Skills
Amol Karmalkar Education Details
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Institue Of Chartered Accountants Of India -
Apmg InternationalProject Management -
Insti Of Chartered Financial Analyst Of IndiaTreasury Mgmt -
Padukone Sports Management (Psm)Badminton Sports
Frequently Asked Questions about Amol Karmalkar
What company does Amol Karmalkar work for?
Amol Karmalkar works for Mynewcar India
What is Amol Karmalkar's role at the current company?
Amol Karmalkar's current role is Business Leader with over 20 years of experience in the BFSI Industry in Singapore & India. Banker turned Entrepreneur & early stage startup investor.
What is Amol Karmalkar's email address?
Amol Karmalkar's email address is am****@****hoo.com
What is Amol Karmalkar's direct phone number?
Amol Karmalkar's direct phone number is +65945*****
What schools did Amol Karmalkar attend?
Amol Karmalkar attended Institue Of Chartered Accountants Of India, Apmg International, Insti Of Chartered Financial Analyst Of India, University Of Mumbai, Padukone Sports Management (Psm).
What are some of Amol Karmalkar's interests?
Amol Karmalkar has interest in Diving, Roller Blading, Tennis.
What skills is Amol Karmalkar known for?
Amol Karmalkar has skills like Finance, Business Analysis, Financial Analysis, Internal Audit, Strategic Financial Planning, Business Process Improvement, Trade Finance, Accounts Payable, Basel Iii, Budget Forecasts, General Ledger Conversions, General Ledger.
Who are Amol Karmalkar's colleagues?
Amol Karmalkar's colleagues are Shreya Wagle, Rohit Sable, Vishal Varma R, Arvind Sinha, Saiprasad Geete, Surendhar Raj, Maitri Shah.
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