Maulik Shah Email & Phone Number

Bangalore

Global Head – Regulatory Reporting Assurance (RRA), Billing Assurance and Global Finance Centre lead for Finance Business Risk Functioning as the “key member” of the Business Risk Global Leadership Team as well as managing Financial Controls Oversight - SOX (FCO) Team in India. Structurally reporting to the Head Business Risk. My role includes providing tactical, industry and managerial insight in directing and executing the monitoring and testing activities (control and substantive)… Show more Global Head – Regulatory Reporting Assurance (RRA), Billing Assurance and Global Finance Centre lead for Finance Business Risk Functioning as the “key member” of the Business Risk Global Leadership Team as well as managing Financial Controls Oversight - SOX (FCO) Team in India. Structurally reporting to the Head Business Risk. My role includes providing tactical, industry and managerial insight in directing and executing the monitoring and testing activities (control and substantive) supporting the following enterprise-wide programs across all geographies:- Sarbanes-Oxley Compliance / Internal Control over Financial Reporting (ICFR)- Internal Control over Global Regulatory Reporting- Basel independent validation- Assurance on key global regulatory reports [(e.g. FRY14Q, FRY9C, FINREP, COREP, Capital Adequacy (CCAR) and Liquidity Coverage (LCR)]I establish / upgrade the required infrastructure to enable best-in-class testing model in partnership with the RRA Leadership Team and provide thought leadership on department practices such as the execution of internal control monitoring and reporting capabilities. Hiring best-fit talent and people management is also a crucial aspect of my role. I head cross-geo staff of over 120 professionals across the hub teams in Poland, Bangalore, Hyderabad and the Joint Venture staff in Coimbatore and Chennai. Also, participate in recruitment and retention of appropriately qualified accountants/ controllers. Show less

India

I largely contributed in controlling and directing entirety of legal entity standard reporting, providing leadership to a team of 70+ Chartered Accountants across Pune and Raleigh engaged in preparing over 150 financial statements annually as per local GAAP, IFRS or US GAAP.I directed preparation of financial statement under 15 GAAPs ( e.g. IFRS, US GAAP, Dutch GAAP, UK GAAP, SWISS GAAP, Australian GAAP and Singapore GAAP) spread across 20 jurisdictions in addition to developing and… Show more I largely contributed in controlling and directing entirety of legal entity standard reporting, providing leadership to a team of 70+ Chartered Accountants across Pune and Raleigh engaged in preparing over 150 financial statements annually as per local GAAP, IFRS or US GAAP.I directed preparation of financial statement under 15 GAAPs ( e.g. IFRS, US GAAP, Dutch GAAP, UK GAAP, SWISS GAAP, Australian GAAP and Singapore GAAP) spread across 20 jurisdictions in addition to developing and presenting the monthly and quarterly dashboards to stakeholders. Reviewing the impact of new accounting standards (for example IFRS9, IFRS 15 and IFRS 16) and inculcating them in financial statement. Leveraging timely delivery outputs and solid relationship management skills I developing profitable business relationship with control owners, independent risk management, audit and regulators as well as with stakeholders. Value additions to the company: ✔Led innovation for financial statements production processes and implemented “Wdesk" tool for preparation and review of financial statements for internal stakeholders and auditors.✔ Key lead within standard reporting for facilitating auditor rotation from KPMG to PwC. Led audit acceleration project which ensured timely exit of KPMG which was appreciated by the Group CFO. Show less

Pune Area, India

Career Progression⚫ Audit Senior Associate (2005 – 2005) ⚫ Assistant Manager (2006 – 2010) ⚫ Manager - Financial Sector Assurance Services (2011 to 2014)During the progressive stint, I led, persuaded and executed various IFRS accounting and regulatory advisory assignments (Client Money and Assets) for multi-industry clients i.e. large private sector banks, investment managers, sovereign wealth funds, multinational fund houses, information technology companies with operations… Show more Career Progression⚫ Audit Senior Associate (2005 – 2005) ⚫ Assistant Manager (2006 – 2010) ⚫ Manager - Financial Sector Assurance Services (2011 to 2014)During the progressive stint, I led, persuaded and executed various IFRS accounting and regulatory advisory assignments (Client Money and Assets) for multi-industry clients i.e. large private sector banks, investment managers, sovereign wealth funds, multinational fund houses, information technology companies with operations across the globe.Projects Executed for KPMG UK - Accounting Advisory / External Audit / Regulatory Advisory✔ Managed £1 million fee worth project “IFRS convergence of a sovereign wealth fund” for a span of 2 years.✔Managed statutory audits of listed entities under IFRS encircling timely completion and issue of audit opinions, budget v/s actual monitoring, people management and presentation to audit committee. ✔ Co-led the Client Money and Assets (CASS) service line and registered active involvement in identifying opportunities, leading client meetings and resolving client queries with the FCA. Projects Executed for KPMG INDIA - IFRS Advisory / External Audit and SOX 404 / Due-Diligence: ✔ Led audit involving risk based audit approach adopting auditing standards (ISA, AICPA, PCAO-B and Indian Standards of Auditing) to ensure compliance and true & fair presentation of financial statements being audited in accordance with IFRS/ US/ UK/ Indian GAAP. ✔ Assisted a Private Equity firm in acquisition of Software Solutions firm, the largest publishing services and content processing company in India. Show less

Mumbai Area, India

Ca, Finance,Accounts, Audit, Sox 404, Tax

Bachelor Of Commerce (Bcom)

Activities and Societies: Founder member of society for business awareness and research, alliance franciase

Education record