Raj Kumar Arora Email & Phone Number

Gurgaon, India

Ensure the onus for a smooth transition of the RWA Risk engine for the US which was moving from Platfora Risk Engine to Finance on the CloudPerform RWA calculations as per Capital requirement regulations under Basel 3 approachPerform Compliance testing in FOTC derivation rules built based on existing CRR (Basel3) and B3.1 and support output floor design requirements in FOTC (Finance on the Cloud)Perform and review variance analysis on Risk-weighted assets & IFRS9-based Primary financial statements and notes to accounts which will be published as annual or interim results for the accounting periodReview RCAs including global RCA consistency from a scoping, risk assessment, and controls perspectiveAutomation tool built for GRCA Reconciliation for US and Group regulatory reporting with Macro enabled automation to improve the time-consuming manual process and to streamline the existing process with better controlsPerform the validations to correct the numbers on Monthly / Quarterly IFRS and Finrep reporting using the early detection tools to improve data quality and inconsistency among the sites for HSBC Europe and provide assurance sign-off to the numbers reported to GroupBuilt an excel based early detection tool for performing logical checks and validations on financial data per IFRS and Finrep to ensure the accuracy and completeness of data reportedWork on the Cognos applications like SARACEN with smart view excel functionality to perform the assurance process.Ensure timely Regulatory & IFRS reporting and Financial Reporting (Finrep), preparation and review of Finrep templates and reports as governed by local regulators EBA and BOE whilst reviewing its adherence to applicable reporting standardsPerform User Acceptance Testing (UAT) for the implication of change requests submitted for any group reporting chart of accounts (GRCA) to cater requirements of EU RegulatorsImpart sessions at the global finance center level to help and make aware sites

New Delhi, India

 Manage Monthly, Quarterly & Yearly Financial Reporting and Closing on a timely basis and report to the HQ in Japan and locally to CFO & CMD in India using ERP-SAP Prepare MIS (Budgeting & Reporting to Local Management) like Profitability Reports based on Business Units, Inventory Ageing Analysis, Variance Analysis Report, O/S Payables Analysis & Sharing cost with Mitsubishi India and Metal One Japan Lead for managing and coordinating for IGAAP Audit & Finalization of Balance Sheet with Notes to Accounts & Tax Audit Ensure JSOX Compliance with Internal Rules & Regulations for the smooth working of the Internal Control process in Trade and Finance Activities Profit Centre based analysis of the Financial Statement for India BU to ensure correct cost and revenue capturing & Financials for Transfer pricing report Statutory Compliances for VAT, TDS, Service Tax, Professional Tax, Advance Corporate Tax, etc. Supervise Payroll Accounting including PF matters for Trust & RPFC Lead and Control the General Accounting & Payable Team & Billing Process function of the Trade Division Provide interpretive guidance on financial regulatory matters to business units within the firm

Gurgaon

 Ensure Monthly, Quarterly & Yearly Financial Reporting and Closing on a timely basis and report to the HQ in the US Prepare MIS (Monthly reporting & timesheets for billing purposes in the US) and manage corporate taxation, STPI & Custom Compliances and liaise with Bankers for Opening Bank Guarantees, and Foreign Remittances (Inward and Outward). Prepare Monthly & Quarterly budgets & Cash flows with variance analysis, Preparation of Tax returns & T.D.S. returns, and Payroll Accounting including PF matters with RPFC, Tax Calculation & Tax Planning of the Employees of the company. As a Lead for IGAAP Audit & Finalization of Balance Sheet with Notes to Accounts& Tax Audit

Chartered Financial Analyst, Finance And Financial Management Services

Associate'S Degree, Costing And Finance

Bachelor’S In Commerce, Accounting And Finance

Senior Secondary Education, Business/Commerce, General