{"id":8765,"date":"2023-12-28T13:00:17","date_gmt":"2023-12-28T13:00:17","guid":{"rendered":"https:\/\/jobnetix.in\/index.php\/candidate\/caarpit2027\/"},"modified":"2024-01-23T10:05:34","modified_gmt":"2024-01-23T10:05:34","slug":"caarpit2027","status":"publish","type":"candidate","link":"https:\/\/jobnetix.in\/index.php\/candidate\/caarpit2027\/","title":{"rendered":"Arpit Khetawat"},"content":{"rendered":"<p>Chartered Accountant with more than 3 years of experience in banking and consulting industry.<br \/>\nCurrently working with a foreign bank and managing the team responsible for processing cross border<br \/>\nremittances and submission of regulatory reportings. Also, handling all governance related matters of<br \/>\nthe unit. Worked with an MNC firm in their Risk Advisory division and handled concurrent audit&amp;<br \/>\ninternal audit projects of multinational banks and corporates.<\/p>\n","protected":false},"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","candidate_category":[],"candidate_location":[475],"candidate_tag":[],"aioseo_notices":[],"jetpack_sharing_enabled":true,"metas":{"_candidate_founded_date":"","_candidate_gender":"Male","_candidate_age":"","_candidate_phone":"8949597639","_candidate_email":"caarpit2027@gmail.com","_candidate_qualification":"Master\u2019s Degree","_candidate_experience_time":"5 Year","_candidate_languages":"","_candidate_salary_type":"","_candidate_salary":"","_candidate_category":[],"_candidate_show_profile":"show","_candidate_job_title":"","_candidate_socials":[{"network":"facebook"}],"_candidate_address":"Mumbai, Maharashtra","_candidate_location":{"475":"Mumbai"},"_candidate_cv_attachment":{"9158":"https:\/\/jobnetix.in\/wp-content\/uploads\/wp-job-board-pro-uploads\/_candidate_cv_attachment\/2024\/01\/Arpit-Khetawat-1.pdf"},"_candidate_education":[{"title":"SSC","academy":"CBSE","year":"2011","description":""},{"title":"HSC","academy":"CBSE","year":"2013","description":""},{"title":"B.Com","academy":"MDSU University of Ajmer","year":"2013-2016","description":""},{"title":"M.Com","academy":"MDSU University of Ajmer","year":"2018","description":""},{"title":"CPT","academy":"ICAI","year":"Dec 2013","description":""},{"title":"IPCC","academy":"ICAI","year":"Nov 2015","description":""},{"title":"CA Final","academy":"ICAI","year":"Nov 2018"}],"_candidate_experience":[{"title":"Article Assistant","start_date":"Feb-15","end_date":"Jan-18","company":"\u27a2 Jain & Jain Chartered Accountants, Mumbai (Maharashtra) \u27a2 Amit Surana & Associates, Ajmer (Rajasthan)","description":"o Internal Audit, Statutory Audit and Tax Audit\r\no Oversee accounting for clients under complicated business model and managed firm\u2019s finance especially \r\nclosely tracking and realization of receivables and timely payment of regulatory dues\r\no E-filing and Preparation of TDS, Income tax and GST Return\r\no Preparation and finalization of Tax Audit Reports viz Form 3CB, 3CD, Annexure and Statutory Audit \r\nReports"},{"title":"Assistant Manager (Team lead) - Risk Advisory","start_date":"April-19","end_date":"June-21","company":"Deloitte Touche Tohmatsu India LLP \u2013 Mumbai","description":"Cross Border Remittances:\r\n\u27a2 Leading Concurrent Audit project of Fund Transfer unit (cross border remittances) of a multinational bank \r\nand published Draft and Final report to the Top Management, highlighted gaps identified in the process.\r\n\u27a2 Drove the project right from scratch i.e., audit planning in line with the audit scope, identifying guidelines, \r\ncirculars applicability, checklists preparation in line with the identified guidelines and mapping them with \r\nscope of work, initiating discussions with multiple process owners to understand covered processes\/areas,\r\nreview them with internal process note, refine the checklists as appropriate. Worked closely with team \r\nmembers and guided them to resolve the challenges faced during the course of the audit.\r\nTreasury Operations:\r\n\u27a2 Conducted Concurrent Audit of International Treasury Operations of a leading private sector Bank which \r\ninvolves review of various aspects such as Deal Validation, Deal Confirmation, Deal Modification, Deal \r\nCancellation, Rate Reasonability of various products such as Forex, Derivative, Fixed Income, etc.\r\n\u27a2 Reviewed regulatory returns submitted and verified accuracy in line with respective country regulatory \r\nguidelines and also verified that figures populated therein are in line with related Indian Accounting \r\nStandard (IND AS)\/IFRS as applicable.\r\nOther Assignments:\r\n\u27a2 Managing the finance of Project Management Office (PMO) for Senior Partner having more than 30 projects \r\nin the bucket valuing more than 15Cr. Responsible to closely track receivables and ensure timely realization \r\nof outstanding bills, also proper approval in place for reimbursement of Out of Pocket and travel related\r\nexpenses\r\n\u27a2 Conducted audit of multiple branches of multinational bank in line with the RBI circular on branch audits\r\nand Fraud Investigation. Published report to concerned stakeholders highlighting the observations noted.\r\n\u27a2 Assisted in setting up of regulatory department of newly incorporated office of an international bank in \r\nIndia in terms of compliance with rules and regulations prescribed by Reserve bank of India."},{"title":"Assistant Manager- Cross border Remittances","start_date":"June-21","end_date":"Till Date","company":"Citibank N.A. \u2013 Mumbai","description":"\u27a2 Managing processing of Cross border outgoing and incoming payments via SWIFT mechanism for all set of \r\nclients and overseeing Regulatory Reportings handled by the team. Working closely with a team of 35+ \r\noutsourced staffs and guiding them on FEMA related matters \r\n\u27a2 Closely managing finance for the unit with special focus on timely realization of fee for A2 remittances and \r\nFIRA issuances which represent sizeable revenue of the unit. Also, assisting in cost allocation exercise of\r\nthe unit; forecasting volumes across different products within the cross border vertical which involves\r\nforecasting of organic growth and new business offerings.\r\n\u27a2 Developed various MIS reports for management to expedite closure of RBI and regional submissions.\r\n\u27a2 Responsible to closely monitor Nostro exceptions, Scrub account (on client\u2019s base) balances, Sundry \r\naccounts exceptions and ensuring timely closure of the same; positive\/negative balances, if any.\r\n\u27a2 Assisting leadership team of the unit on various strategic decisions viz, inputs on automation aspects of \r\nprocesses; regulatory reporting with detailed background, risk involved and related potential \r\nproductivity saves of FTE&amp; process costs on account of automation.\r\n\u27a2 Coordinating with Tech partners to automate various regulatory reporting. This involves end to end \r\nmonitoring and coordination during the project life cycle including preparation and review of Business \r\nRequirements Documents (BRDs)\r\n\u27a2 Responsible to identify risk involved in processing, creating a suitable ARCM thereby ensuring monitoring \r\nof such identified risk as part of Manager Control Assessment (MCA)\r\n\u27a2 Driving end to end automation project on Foreign Inward Remittance Advices to ensure all FIRAs request\r\nare timely, accurately issued to clients through a systemic solution (thus helping them for quick \r\nsubmission to various regulators, govt. authorities) with saves on productivity, courier and paper costs.\r\n\u27a2 Handling end to end concurrent audit and Internal audit of the unit in terms of data submissions, query \r\nmanagement and discussions, MAP on observations, if any and responsible to ensure timely closure.\r\n\u27a2 Handling compliances related to Business Continuity Management (BCM) which includes Call Tree test, \r\nDenial of Access, Denial of service, semi-annual update of Disaster Recovery Plan, BIA\/BRP document and \r\nhandling gaps identified by regional quality review team in entity BIA\/BRP document."}],"custom-text-38577601":"Governance& Compliance \u27a2 Budgeting& Forecasting \u27a2 Auditing \u27a2 MIS Reporting \u27a2 Analytical skills \u27a2 Regulatory Reporting \u27a2 Team Management \u27a2 Problem-solving abilities \u27a2 Financial Analysis& Management","_candidate_portfolio_photos":"","_candidate_award":"","_candidate_video_url":""},"_links":{"self":[{"href":"https:\/\/jobnetix.in\/index.php\/wp-json\/wp\/v2\/candidate\/8765"}],"collection":[{"href":"https:\/\/jobnetix.in\/index.php\/wp-json\/wp\/v2\/candidate"}],"about":[{"href":"https:\/\/jobnetix.in\/index.php\/wp-json\/wp\/v2\/types\/candidate"}],"replies":[{"embeddable":true,"href":"https:\/\/jobnetix.in\/index.php\/wp-json\/wp\/v2\/comments?post=8765"}],"wp:attachment":[{"href":"https:\/\/jobnetix.in\/index.php\/wp-json\/wp\/v2\/media?parent=8765"}],"wp:term":[{"taxonomy":"candidate_category","embeddable":true,"href":"https:\/\/jobnetix.in\/index.php\/wp-json\/wp\/v2\/candidate_category?post=8765"},{"taxonomy":"candidate_location","embeddable":true,"href":"https:\/\/jobnetix.in\/index.php\/wp-json\/wp\/v2\/candidate_location?post=8765"},{"taxonomy":"candidate_tag","embeddable":true,"href":"https:\/\/jobnetix.in\/index.php\/wp-json\/wp\/v2\/candidate_tag?post=8765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}