Anand Unadkat Email & Phone Number

Dubai, Ae

United Arab Emirates

United Arab Emirates

Currently leading Risk Strategy, ESG Risks and Model Validation unit at the United Arab Bank. My role involves establishing Risk Appetite Framework and implementing monitoring systems at the bank level, managing our ESG initiatives and the ESG Risk framework, as well as running our RAROC program. I also supervise model validation to ensure optimal functionality and accuracy.

Abu Dhabi, United Arab Emirates

In my current role as VP, Risk Appetite & Strategy - ERM at First Abu Dhabi Bank, I report to the SVP & Head of Risk Appetite & Strategy.My key assignment includes:• Prepare ERM DataMart with the holistic approach of covering organisation wide multiple dimensions for various internal reporting and regulatory reporting (BRF)• Development and monitoring of Risk Appetite Framework at respective tiers of the organisation from Credit Risk, Market & Liquidity Risk, ESG Risk, Governance Framework, Info Sec Risk perspective• Preparation of Board Risk & Compliance Committee & Group Risk Committee reports as well as GCRO report and maintaining Risk Governance Framework• Review on daily basis the (Risk Adjusted Return on Capital) RARoC calculations for the proposed deals and providing assistance to the Relationship Managers across in close association with Business Mgt.• Preparation of various ad-hoc reports for the head of ERM and GCRO based on the macro-economic situations• Assist in IFRS9 modelling and ECL calculations• Design and development of Impact Assessment framework for FAB based on UNEP guidlinnes from ESG perspective• Assist in Country / Industry / Market & Liquidity Risk Limit framework

Abu Dhabi, United Arab Emirates

• Led the team of accountants and implemented successfully the Epicor ERP solution organisation-wide with close association of IT personnel for materialising the business requirements• Supervised the nature of financial transactions, reporting and policies including budget & forecasting reports• Managed the cash flows, providing summarised presentation of the inflows & utilization of cash in capital & revenue activities• Proactively liaise with Business Partners for business development • Analysed the commercial agreement to be entered with the overseas suppliers and presented to the CEO by highlighting the critical points involved

Surat Area, India

• Analyze varied topics of Indian Income-Tax Act, GST Act and erstwhile VAT laws, corporate law, international taxation and other client specific matters• Preparation and filing of VAT returns and VAT credit management• Conduct VAT audits and representation before appellate authority• Computation of tax liability, preparation and filing of income-tax returns and wealth tax returns• Investigation of operational and financial results of the entity and making recommendations thereupon • Liaison and negotiation with banks for availing term loans, working capital loans and restructuring of banking facilities• Preparation of cash flow to review the cash position and forecast funds required to honour the financial commitments• Preparation, consolidation and analysis of accounts, balance sheet, income statement and reconciliation statements leading to finalization of accounts• Preparation and presentation of MIS Reports• Conduct various statutory audits, internal audits and tax audits. Reconciliation of financial statements and preparation of audit reports with taking into consideration the legal provisions, accounting and auditing standards, guidance notes, CARO etc.• Internal audit with particular focus on assessing the effectiveness of Internal Financial Controls• Verification of various HR related issues such as attendance and leave policies, regularization process, data analysis etc.• Drafting of various deeds & agreements and preparation of tender documents• Assistance in incorporation of Private Limited companies and on other company law matters

Mumbai Area, India

• Conducted various statutory audit assignments in the following sectors:► PSUs working in power sector (Nuclear Power Corp. of India Ltd., Kakrapar, Gujarat) ► Insurance sector (Life Insurance Corp. & General Insurance Corp. of India)► Various manufacturing and trading units (In Textiles Industry, Diamond Industry etc.)• Handled internal audit assignments of hotel industry (Hotel St. Laurn)• Prepared financial statements, consolidation, MIS reports, budgets, cash flow, fund flow and break even analysis.

Mumbai Area, India

• Preparation and review of various reconciliation statements e.g. Bank, Cash & Stock etc.• Preparation of LFAR (Long Form Audit Report)• Verified internal controls and carried out internal audit, providing suggestions for upgrading the internal ERP systems and software which can generate different types of reports for management review.• Analysis of stock & stores i.e. Identification procedures for Slow Moving, Non Moving and Obsolete items and analysis of Purchase Procedure• Conducted concurrent audit of public sector bank (Bank of India) and obtained the functional knowledge of core banking software (Finacle Core Banking)• Conducted various statutory audit, tax audit and internal audit assignments

Chartered Accountant, Accounting And Finance

Bachelor Of Commerce (Bcom), Accounting And Finance

Education record