Ca. Sankalp Agrawal Email & Phone Number

Hyderabad, In

Hyderabad, In

Hyderabad, Telangana, India

Hyderabad, Telangana, India

India

Few Clients:➤ DocTutorials Edutech - EduTech Start-up➤ Shangrila Infocon - Real Estate Developer➤ FinTech Start-up➣ Advise Founders in building a strong foundation during the initial stage to make it future-ready for Growth and Expansion Stages.➣ Design Business Model entailing business strategy, product piloting, revenue model, cost drivers, and capital allocation for effective business decisions➣ Prepare Investor Deck for raising Seed Capital and Growth Capital (Series 1) from Angel Investors➣ Help in forming a strong Executive team to run key functions effectively and designing ESOP plan to attract intact talent➣ Implement a system for Strong regulatory compliance management and GAAP➣ Streamline the strong accounting processes to manage AP, AR, flux analysis, revenue recognition, and monthly Financials➣ Cashflow analysis and identify short-term and mid-term cash requirements and effective cash utilization➣ Prepare cost model for projected budgeted cost and variance with actuals for residential real estate projects

Hyderabad Area, India

➤ Indirect Team: 25 | Budgeting | Internal Financial Controls | Operational & Financial Risk Analysis➤ Finance & Assurance | Financial Process Improvement | GL & Accounting Best Practices➣ Strengthened internal financial controls, compliance and risk frameworks for the institution with multiple thousand crores in assets under management.➣ Led GL accounting across 2500 branches, while adhering to GAAP guidelines.➣ Complied with RBI’s Income Recognition and Asset Classifications (IRAC) norms (including monitoring NPAs and Write-offs).➣ Revamped collection and accounting process for CASA (Current Account Saving Account) and TD (Term Deposit) to boost overall organizational revenues.➣ Led efforts to amass long-term capital appreciation by adhering to regulatory compliance for issuance and post-issuance of Non-Convertible Listed Debentures (NCDs).➣ Saved several lacs in costs by centralizing and shifting several branch costs to HO – renegotiated contracts centrally – astutely managed NPAs – halted losses from loan non-payments by tailoring flexible payment schemes.➣ Grew BFIL commission, post IndusInd bank acquisition; encouraged customers to open bank accounts and book deposits, thus increasing digital transactions.➣ Key member of the team developing an Integrated Report covering how Environmental, Social & Governance (ESG) principles create value.➣ Integrated automated flow of information from three Loan Management Systems to Finacle & Oracle GL System for over 9 products. ➣ Led 8-member cross-functional re-engineering and innovation team (REIT): Re-engineered financial processes, replaced cash disbursements with 100% direct-to-account disbursements and reduced errors during loan disbursement process via maker - checker process.➣ Rescheduled loan accounts to ensure moratorium grant to bank clients - currently, collection efficiency is on track with minimal NPAs.➣ Authored accounting manual with best practices and circulated across all branches.

Hyderabad Area, India

➤ Team: 15 | Financial Reporting | Financial Analysis | Budget and Variance Analysis➤ SAP Implementation | General Ledger Accounting | Flux Analysis | Financial Forecasting➤ Awarded with “Outstanding Performers Award” for implementing best processes and controls for the integrated organization.➣ Provided leadership and strategic direction to the general ledger team in managing complex, high volume accounting operations, adhering to USGAAP, IFRS, and Indian GAAP guidelines.➣ Streamlined financial controls and reporting, restructured operations, and unified disparate functions with other Group Companies of NTT DATA to ensure business success.➣ Performed periodic variance analysis of budgeted, forecasted and actual financial performance, while clearly interpreting and documenting variance drivers affecting profitability.➣ Reduced accounting errors to 0% and maintained corporate integrity by leading Flux Analysis.➣ Optimized support to deploy SAP 6.0 and new chart of accounts for the integrated entity.➣ Implemented control for submission of “90 days balance sheet analysis”.➣ Led the process of intercompany accounts reconciliations, including all the balance sheet accounts for submission to corporate on monthly basis.

Hyderabad Area, India

➤ Greenko Group | Fundraising | Cash & Operations Projections | Treasury Operations➣ Combined expert strategic planning and F&A qualifications with strong analytical acumen to manage financial statement consolidation of entire group under IFRS, as well as effecting accounting differences for submissions.➣ Laid a strong foundation for organization to list equity shares in Indian Stock Exchanges by developing consolidated financial statements as per Indian GAAP & SEBI regulations for the period of last 5 years.➣ Cultivated strong ties with investment bankers to ensure business continuity and raise funds in alignment with cash and operating projections – raised funds through Further Public Offering (FPO), debt and hybrid instruments.➣ Evaluated impact of change in the functional currency of the Group from EURO to USD / GBP.

Hyderabad Area, India

➤ Financial Impact Analysis | Client Engagements | Financial Statement & Balance Sheet Analysis➣ Led engagements with key clients, such as Astra Microwave Products Limited, Visaka Industries Limited, and Mahindra Satyam Computer Services Limited.➣ Advocated adoption and compliance with IFRS standards, evaluating several key points of internal controls and accounting systems – orchestrated IFRS training for client on Revenue recognition, PPE, Employee Benefits, and GAAP differences.➣ Led IFRS impact analysis for Astra Microwave Products Limited and Visaka Industries Limited – helped companies understand the impact on – recognition, measurement and disclosure on revenue, expenses, assets and liabilities to an entity, when a new standard or revision in existing standards taken place.➣ Investigated cash and bank to identify possible diversion of fund, as well as managed 3-year financial statements reinstatement and fraud/error remediation for Mahindra Satyam Computer Services Limited.

➣ Complied with NPA provisioning and other prudential norms applicable to NBFC while leading financial statement review, ratio analysis and internal control review & compliance of accounting standards.➣ Verified compliance of covenants for secured & unsecured loan agreements, along with direct and indirect taxation laws.➣ As a statutory and tax auditor, reviewed internal control structures, performed special reviews, conducted internal audits, made recommendations for corrective actions of unsatisfactory conditions and reported findings to the senior management.➣ KEY CLIENTS: SKS Microfinance Limited (NBFC), Statutory Audit and Limited Review, Share Microfin Limited (NBFC), Statutory Audit, Fullerton India Credit Company Limited (NBFC), Tax Audit, and RBI Certification

- Statutory Audit- Tax Audit- Advisory services- Company Law Compliance- Audit Report

Chartered Accountant, Finance, Accounts, Auditing, Etc

Assurance, Taxation, Financial Management, Accounting, etc

Independent Directors Data Bank, 78%

Diploma In Ifrs, International Financial Reporting Standards

Mba Finance (Distance Learning), Finance, Project Finance, International Finance, Etc

Financial Statements Analysis, Management Functions, Strategic Management, Financial Institutions

Company Secretary, Corporate Laws, Banking Regulations, Etc

International Laws, Financial Laws, Labour Laws, Company Laws, Taxation Laws, etc

B.Com (Computers Application), Accounts, Commerce, Etc

Financial Accounts, Company Accounts, Income Tax, Management, Economics, etc

Certification - Business Responsibility And Sustainability Reporting, Sustainability Reporting And Assurance

Sustainability Reporting, Business Responsibility Reporting (BRR), Business Responsilibility and Sustainability Reporting (BRSR), SEBI.