Abhilash Pawar

About Abhilash Pawar

As an experienced finance professional at TIAA, I specialize in Internal Finance Control,…

Experience

1. Financial Controller Analyst

   TIAA

   Jul 2021 — Present · Pune, IN

   Design and operating effectiveness of controls in compliance with Indian Companies Act and Sarbanes Oxley Act (SOX).• Managing the process of ICFR testing to ensure existence of adequate internal controls in the finance function and mitigations of risk involved.• Managing SOX compliance testing of controls for TIAA Entities, Nuveen, Broker Dealer entities.• Responsibilities include conducting process understanding & walkthrough, identifying risk and existing controls within the processes, identifying control gaps / deficiencies, and providing recommendations for process improvements.• Oversaw and reviewed Auditor Independence Engagements and new hires, ensuring compliance with regulatory standards.• Supported planning, analysis, and management reporting for Business Finance Teams, enhancing reporting efficiency and accuracy.• Played a pivotal role in the creation of daily, monthly, and quarterly regulatory reports, ensuring adherence to regulatory standards and deadlines.• Prepared and submitted various reports to regulatory bodies, including the Department of commerce and Treasury, Bureau of Economic Analysis, and Federal Reserve Bank, meeting different reporting frequencies.• Monitored and adapted to changes in regulatory requirements, coordinating with multiple affiliates to ensure accurate and timely reporting.• Managed legal entity hierarchies in CSC, DRM, overseeing data integrity and collaborating with cross-functional teams.• Updated Standard Operating Procedure (SOP) documents and created detailed process guides, ensuring consistency and accuracy in reporting procedures.• Developed system controls to enhance data integrity and prevent future discrepancies.• Documented existing and new reports in accordance with regulatory guidelines, ensuring.• Enhanced organizational decision-making through consistent, accurate reporting and effective communication channels.