Ekta Agarwal Email & Phone Number

Mumbai, Mh, In

Kharghar

Mumbai, Maharashtra, India

> Spearheaded critical projects, including the implementation of SAP automation for cash flow systems and IRDA form processing, resulting in process optimization.> Led a seamless transition of custodian services, ensuring operational efficiency, and risk management.> Led the end-to-end setup and implementation of back office processes for REIT & Equity ETFs settlement and accounting, ensuring seamless operations.> Successfully orchestrated the end-to-end integration of a payment aggregator solution, leading to enhanced online collection success, cost reduction, and improved customer experience.> Currently responsible for overseeing the implementation and automation of hierarchical life cycle management systems and commission, Incentive & RnR calculations, ensuring operational efficiency.> Distributor Engagement: Engaged with distributors for agency, CAB, Banca Partners, etc., and their strategic implementation. This included monthly balance reconciliation with exceptions reporting and top 10 partners' balance confirmation.> Efficient Calculations and Controls: Ensured timely and accurate calculations, procurements, payments, statements, and controls related to distribution and commission. > Automation: I also played a key role in automating manual tasks through the use of SheetKraft application, enhancing efficiency and reducing the risk of errors.

Mumbai, Maharashtra, India

> Oversaw board resolutions on investments and banking, providing valuable suggestions for necessary changes. I also played a pivotal role in strategic negotiation with Fintech, leading to a significant cost savings by optimizing payment gateway processes.> Streamlined payment gateway processes, achieving the substantial cost savings mentioned above through strategic negotiation and tie-ups with new gateways. I also analyzed and optimized payment modes, resulting in reduced costs while maintaining the highest standards of compliance.> Managed payment gateway escalations and collaborated with operations, IT, Persistency and sales teams to optimize collections. Additionally, I introduced and implemented various payment solutions and payment modes, including payment gateway aggregators, penny drop, auto-debit options, QR code solutions, UPI, premium financing, and CBDC, driving substantial business growth and revenue optimization.> Bank Relationships: Conducted RFPs with banks to secure setups with the lowest cost and best services. I also facilitated seamless transactions for new branches through CMS, swipe machine, and . petty cash card tie-ups while efficiently handling queries for existing setups.> Compliance: Oversaw banking activities, including account opening/closure, bank balance confirmations, fund transfers, and compliance with RBI circulars. I ensured compliance with FC-GPR filing requirements for FDI investments and successfully managed foreign capital infusion.

Mumbai, Maharashtra, India

> Proficiently handled Cash flow management, Back Office, and Mid Office operations. Conducted Bank Reconciliations and Holding Reconciliations while overseeing the entire debt settlement process.> Successfully handled Internal/Concurrent Audit and Statutory audit related to investment function, ensuring zero audit points in the report.> Ensured compliance with Investment Risk Management System & Process Audit requirements by IRDA, promptly addressing any open points. > Monitored daily investment limits as mandated by IRDA. Prepared and automated Quarterly Forms and public disclosures for submission to IRDA.> Expertly managed IRDA Inspection for Investment and Banking Function, ensuring compliance and adherence to regulations.

Mumbai Area, India

> Managed fund Cashflows both equity as well as debt funds.> Managed Reconciliations pertaining to Cashflows.> Handled entire debt settlement and equity settlement of the AMC.> Communicated with custodian, broker, counter parties, arrangers and issuers for smooth settlement.> Managed placements and maturities of margin as well as normal fixed deposits.> Handled processing of proxy instructions and timely submissions of quarterly and annual reports as per regulatory requirement.> Ensuring control over positions reflecting as per books and as per custodian.> Handled EBP implementation single – handedly.> Active Participation in handling Tri – Party Repo Implementation.

 Tutored students of standard CBSE 12th Grade for Economics

 Gave Private tuitions to students of standard 12th CBSE for Accountancy and Economics.

 Filed Tax returns of private companies, partnership firms & individuals. Prepared financial accounts of private companies, partnership firm and Individuals. Filed various forms required by company law of private companies. Conducted Tax audits and filed form 3CA/3CB and 3CD.

Over 2 years of experience in Audit & Assurance experienced execution of various financial audit engagements across diverse sector including art, IT Software services, Security solutions, Petrol dispenser hose manufacturer, Digital advertising etc. Worked as a member of the engagement team for statutory Audits and Limited reviews of companies. Headed a team of article trainees conducting statutory audit engagement of digital advertisement company. Handled areas like Revenue, Operating expenses, Payroll, Finance cost, Fixed asset, Borrowings, Loans & Advances, related party transactions, Receivables & Payables, Cash & bank etc. Performed substantive audit procedures such as vouching, verification, Bank reconciliation statement testing, cut off procedures, salary rationalisation, depreciation & amortisation, recomputation, compliance testing etc. in order to reduce the risk of material misstatement of financial statements to any acceptably low level. Also worked as member of engagement team conducting statutory audit of company following US GAAP and conducted audit of fixed Asset as per US GAAP. Performed analytical review of financial statements using various tools and methods including ratio analysis, trend analysis, variance analysis etc. Conducted Walkthroughs to verify operating effectiveness, internal controls to understand the system and also assess the overall risk to financial statements. Conducted cash counts and inventory counts in the year end.

 Worked as an executive & was trained in usage of customized software applications including workflow & income tax return application systems & special aspects to be considered in process of preparation and filing of ITR.

Masters Of Commerce, Accounting And Finance

Chartered Accountant

Graduation, Accounting And Finance, 73.5%

-Completed HSC Examination in the year 2010 and scored 86.6 -Graduated with specialization in Accounting and Finance. -Volunteered.

87.38%

Activities and Societies: -Was Part of School Basket Ball team -Was Part of School Band -Represented school in various inter-school dance.

C A Final Group 1, Accountancy,Auditing And Taxation

-Passed Common Proficiency Test (CPT) i.e. entry level exam of Chartered Accountancy Course in 2010 -Passed Integrated professional.