Vinayak Pai

Vinayak Pai Email and Phone Number

Vice President- Finance Controller @ Citi
Mumbai, MH, IN
Vinayak Pai's Location
Mumbai, Maharashtra, India, India
About Vinayak Pai

As the Vice President of Finance Controller Function at Citi, my focus is on maintaining fiscal integrity and driving financial innovation. My competencies in financial risk management and business analysis are demonstrated through my recent work, where I have facilitated complex intercompany transactions and provided critical variance analysis for management reporting.Collaboration with finance controllers and business heads has been central to my role, ensuring ethical standards and audit compliance. My certificate in GBS underscores my commitment to optimizing business processes. At Citi, we strive for excellence, leveraging a blend of strategic insight and operational efficiency to empower the organization's financial landscape.

Vinayak Pai's Current Company Details
Citi

Citi

View
Vice President- Finance Controller
Mumbai, MH, IN
Website:
citigroup.com
Employees:
196387
Vinayak Pai Work Experience Details
  • Citi
    Vice President- Finance Controller
    Citi
    Mumbai, Mh, In
  • Citi
    Vice President- Finance Controller Function
    Citi Aug 2024 - Present
    Mumbai, Maharashtra, India
  • Citi
    Assistant Vice President
    Citi Jun 2021 - Aug 2024
    Mumbai, Maharashtra, India
  • Citi
    Manager
    Citi Apr 2017 - Jun 2021
    Mumbai, Maharashtra, India
    o Partner with Finance controllers and business heads to facilitate the intercompany transactions.o Investigate on month end accruals bookings and communicate the resolution to Bookings team.o Perform UAT testing o Partnering with Stakeholders and Technology to drive process re-engineering, automation and change management.o Ensuring adherence to audit and control policies, where processing and decisions are always made to the highest ethical standards.o Managing escalation… Show more o Partner with Finance controllers and business heads to facilitate the intercompany transactions.o Investigate on month end accruals bookings and communicate the resolution to Bookings team.o Perform UAT testing o Partnering with Stakeholders and Technology to drive process re-engineering, automation and change management.o Ensuring adherence to audit and control policies, where processing and decisions are always made to the highest ethical standards.o Managing escalation of operational or identified errors / potential risks to line manager /stakeholders upon discoveryo Provide variance analysis and prepare management reporting packs on monthly/quarterly basiso Manage Plan, budgeting and forecast cycle for Consumer technology business.o Knowledge on tools like EDW/COGNOS, APS, DSMT, IFW (Business Objects), TM1, ITBM, MS office, Power BI Show less
  • Citi
    Manager
    Citi Sep 2016 - Apr 2017
    Mumbai, Maharashtra, India
    o Partnered with various stakeholders and controllers to drive the project deliverableso Collaborated with technology team to resolve all issue logs and test all UAT scenarios.o Facilitated smooth transition of processes for consumer business from CITIBANK N.A Jacksonville to Mumbai in Jan 2017
  • Citi
    Assistant Manager
    Citi May 2013 - Sep 2016
    Mumbai, Maharashtra, India
    o Liaising with all Inter-company FDL owner to map the accounting request to source tableo Updating all key reference data attributes pertaining to WHT and MKP Tableso Analysing month on month and YTD variances and providing clear, accurate and meaningful commentary for key varianceso Worked on R&C related Issues for the team while ensuring adherence to audit and control policies.o Worked on various Project Initiatives to streamline the process by performing UAT Testing
  • Bank Of America
    Team Developer- Structured Trade Review Middle Office
    Bank Of America Jun 2011 - May 2013
    Hyderabad Area, India
    • Reviewed term sheet, confirmation for all Historical OTC derivatives trades in liaison with internal risk management Application; raised trade discrepancies based on source documents (ISDA agreement & Termsheets)• Reviewed subsequent trade amendments that have been done post initial review, to ensure that the trade accurately reflects the agreed /revised terms• Managed ad hoc activities; executed day-to-day BAU work allocation, managed escalations and acted as SPOC for updating and… Show more • Reviewed term sheet, confirmation for all Historical OTC derivatives trades in liaison with internal risk management Application; raised trade discrepancies based on source documents (ISDA agreement & Termsheets)• Reviewed subsequent trade amendments that have been done post initial review, to ensure that the trade accurately reflects the agreed /revised terms• Managed ad hoc activities; executed day-to-day BAU work allocation, managed escalations and acted as SPOC for updating and managing leave tracker • Managed Vanilla Products including different types of forwards (Binary/Digital, Barrier Options), VarSwaps, Straddles, Structured Trade Review for rates and equity asset class• Prepared Review Checklist, containing all the key parameters which assisted at the time of reviewing trade• Worked on R&C related Issues for the team while ensuring adherence to audit and control policies Show less
  • J P Morgan Chase Pvt India Limited
    Analyst- Deal Review
    J P Morgan Chase Pvt India Limited Mar 2010 - Jun 2011
    Mumbai Area, India
    Highlights:• Perfrmed reconciliation of term sheet ( T+1) and confirmation ( T+5/ T+10 ) details against risk management systems; reviewed all Asset Classes from plain vanilla OTC calls to multi-legged exotic options, barrier options, securitized products, dispersion, volatility swaps (VSW) & equity swaps (ESW)• Provided analytical and administrative support to Front Office Sales and Trading with derivatives and securities transactions• Assisted team during peak volume periods and… Show more Highlights:• Perfrmed reconciliation of term sheet ( T+1) and confirmation ( T+5/ T+10 ) details against risk management systems; reviewed all Asset Classes from plain vanilla OTC calls to multi-legged exotic options, barrier options, securitized products, dispersion, volatility swaps (VSW) & equity swaps (ESW)• Provided analytical and administrative support to Front Office Sales and Trading with derivatives and securities transactions• Assisted team during peak volume periods and other absences and provided training to the new employees• Reviewed existing processes / applications and identify opportunities for improvement and support the development of Monthly Service Packs Show less
  • Australia & New Zealand Banking Group Limited
    Credit Assessment Officer
    Australia & New Zealand Banking Group Limited Mar 2009 - Mar 2010
    Bengaluru Area, India
    Highlights: • Assessed financial reports of the business and gained understanding about the nature of the business to raise funds.• Analyzed customer’s behavior by their account conduct with ANZ Bank and from other financial institutions in Australia• Attended customer requests, gathered relevant information, assessed creditworthiness and ensured that applications are prepared in accordance with customer requirements; ensured sound credit decision-making and maintained compliance… Show more Highlights: • Assessed financial reports of the business and gained understanding about the nature of the business to raise funds.• Analyzed customer’s behavior by their account conduct with ANZ Bank and from other financial institutions in Australia• Attended customer requests, gathered relevant information, assessed creditworthiness and ensured that applications are prepared in accordance with customer requirements; ensured sound credit decision-making and maintained compliance with Group Credit Policies Show less
  • Infosys Bpo Ltd
    Process Executive
    Infosys Bpo Ltd Jan 2006 - May 2007
    Bengaluru Area, India
    • Vendor Management of around 100 recognized vendors like Apple, Nortel, Nec, Polycom, Borland and updating the key product Specifications on the tool for Ingram Micro.• Attended calls and emails from the Canadian buyers and sales representatives & solved the queries as per their request.

Vinayak Pai Education Details

Frequently Asked Questions about Vinayak Pai

What company does Vinayak Pai work for?

Vinayak Pai works for Citi

What is Vinayak Pai's role at the current company?

Vinayak Pai's current role is Vice President- Finance Controller.

What schools did Vinayak Pai attend?

Vinayak Pai attended Bharati Vidyapeeth, Dr. Nitte Shankara Adyanthaya Memorial First Grade College, Bharati Vidyapeeth.

Who are Vinayak Pai's colleagues?

Vinayak Pai's colleagues are Glennys Corniel, Diplina Dienst, Jonathan Donoghue, Nitish Prabhu, Igor Monteiro, Ram Kalai, Kirstie Smith.

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