Arpit Khetawat

o Internal Audit, Statutory Audit and Tax Audit o Oversee accounting for clients under complicated business model and managed firm’s finance especially closely tracking and realization of receivables and timely payment of regulatory dues o E-filing and Preparation of TDS, Income tax and GST Return o Preparation and finalization of Tax Audit Reports viz Form 3CB, 3CD, Annexure and Statutory Audit Reports

Cross Border Remittances: ➢ Leading Concurrent Audit project of Fund Transfer unit (cross border remittances) of a multinational bank and published Draft and Final report to the Top Management, highlighted gaps identified in the process. ➢ Drove the project right from scratch i.e., audit planning in line with the audit scope, identifying guidelines, circulars applicability, checklists preparation in line with the identified guidelines and mapping them with scope of work, initiating discussions with multiple process owners to understand covered processes/areas, review them with internal process note, refine the checklists as appropriate. Worked closely with team members and guided them to resolve the challenges faced during the course of the audit. Treasury Operations: ➢ Conducted Concurrent Audit of International Treasury Operations of a leading private sector Bank which involves review of various aspects such as Deal Validation, Deal Confirmation, Deal Modification, Deal Cancellation, Rate Reasonability of various products such as Forex, Derivative, Fixed Income, etc. ➢ Reviewed regulatory returns submitted and verified accuracy in line with respective country regulatory guidelines and also verified that figures populated therein are in line with related Indian Accounting Standard (IND AS)/IFRS as applicable. Other Assignments: ➢ Managing the finance of Project Management Office (PMO) for Senior Partner having more than 30 projects in the bucket valuing more than 15Cr. Responsible to closely track receivables and ensure timely realization of outstanding bills, also proper approval in place for reimbursement of Out of Pocket and travel related expenses ➢ Conducted audit of multiple branches of multinational bank in line with the RBI circular on branch audits and Fraud Investigation. Published report to concerned stakeholders highlighting the observations noted. ➢ Assisted in setting up of regulatory department of newly incorporated office of an international bank in India in terms of compliance with rules and regulations prescribed by Reserve bank of India.

➢ Managing processing of Cross border outgoing and incoming payments via SWIFT mechanism for all set of clients and overseeing Regulatory Reportings handled by the team. Working closely with a team of 35+ outsourced staffs and guiding them on FEMA related matters ➢ Closely managing finance for the unit with special focus on timely realization of fee for A2 remittances and FIRA issuances which represent sizeable revenue of the unit. Also, assisting in cost allocation exercise of the unit; forecasting volumes across different products within the cross border vertical which involves forecasting of organic growth and new business offerings. ➢ Developed various MIS reports for management to expedite closure of RBI and regional submissions. ➢ Responsible to closely monitor Nostro exceptions, Scrub account (on client’s base) balances, Sundry accounts exceptions and ensuring timely closure of the same; positive/negative balances, if any. ➢ Assisting leadership team of the unit on various strategic decisions viz, inputs on automation aspects of processes; regulatory reporting with detailed background, risk involved and related potential productivity saves of FTE& process costs on account of automation. ➢ Coordinating with Tech partners to automate various regulatory reporting. This involves end to end monitoring and coordination during the project life cycle including preparation and review of Business Requirements Documents (BRDs) ➢ Responsible to identify risk involved in processing, creating a suitable ARCM thereby ensuring monitoring of such identified risk as part of Manager Control Assessment (MCA) ➢ Driving end to end automation project on Foreign Inward Remittance Advices to ensure all FIRAs request are timely, accurately issued to clients through a systemic solution (thus helping them for quick submission to various regulators, govt. authorities) with saves on productivity, courier and paper costs. ➢ Handling end to end concurrent audit and Internal audit of the unit in terms of data submissions, query management and discussions, MAP on observations, if any and responsible to ensure timely closure. ➢ Handling compliances related to Business Continuity Management (BCM) which includes Call Tree test, Denial of Access, Denial of service, semi-annual update of Disaster Recovery Plan, BIA/BRP document and handling gaps identified by regional quality review team in entity BIA/BRP document.