Ajit Bothra

Managing Director - Global Accounting Operations at State Street

Role
Managing Director - Global Accounting Operations at State Street
Location
Bengaluru, KA, IN
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Ajit Bothra

As a seasoned finance professional with a passion for driving efficiency and excellence, I am dedicated to leading and transforming finance shared services for organizations of all sizes. With 20+ years of experience in the financial sector, I have successfully streamlined and optimized financial processes to augment controls, enhance productivity, reduce costs, and improve overall performance. I have hands on experience in accounting operations, controllership, financial planning & analysis and change management.My journey in finance has been marked by a commitment to innovation and a relentless pursuit of best practices. I have had the privilege of leading diverse teams in the shared services organizations like State Street, Macquarie, JP Morgan, HSBC & Genpact, where we\'ve leveraged cutting-edge technology and automation to deliver exceptional results. Whether it\'s process improvement, cost reduction, or implementing state-of-the-art financial systems, my focus has always been on delivering tangible value to the organizations I\'ve served.In an ever-evolving business landscape, I believe in the power of adaptability and continuous learning, ensuring that my teams stay ahead of the curve. My leadership style is built on the principles of collaboration, empowerment, and open communication, mentoring and nurturing talent and fostering an environment where individuals can thrive and contribute their best.I am enthusiastic about connecting with like-minded professionals, industry peers, and thought leaders who share a passion for finance excellence. Let\'s collaborate, share insights, and explore opportunities to drive transformation and growth within the world of finance shared services.

Experience

  1. Managing Director - Global Accounting Operations

    State Street

    Jan 2022 — Present · Bengaluru, IN

    As a leader responsible for overseeing a team of over 200 professionals spanning various functions within our organization, including Expense Accounting, Balance Sheet Substantiation, Strategy and Execution, APAC Service Delivery, and all accounting teams based in GAO Poland, I am dedicated to driving transformation across our operations. My focus remains steadfast on re-engineering initiatives and enhancing controls to ensure the highest efficiency and compliance standards.I am also deeply involved in strategic partnerships with our Technology department, particularly in the implementation of an Enterprise Resource Planning (ERP) system across EMEA, North America and APAC. This initiative is instrumental in streamlining our processes and elevating our capabilities.In addition to our in-house teams, I provide diligent oversight of processes managed by our partner, HCL JV. It\'s essential to ensure seamless collaboration and performance in achieving our goals.I actively participate in the Balance Sheet Substantiation Council meetings, where I engage in continuous reviews of critical issues that could impact our Profit and Loss (P&L). This is integral to maintaining the financial health of our organization.Furthermore, I play a key leadership role in driving our overall Strategy and Execution mandate for Global Accounting. These strategic initiatives are essential for the continued growth and success of our organization.In summary, my role encompasses a comprehensive array of responsibilities aimed at optimizing our operations, fostering innovation, and ensuring financial integrity across the organization.

Education

  • The Institute of Chartered Accountants of India

    Chartered Accountant

  • Prince 2

    Prince 2 Foundation, Project Management

  • University of Calcutta

    Bachelor of Commerce (B.Com.)

Skills

  • Analysis
  • Leadership
  • Corporate Finance
  • Investment Banking
  • Banking
  • Risk Management
  • Team Management
  • Strategic Financial Planning
  • Business Analysis
  • Financial Services
  • Auditing
  • Process Improvement
  • Financial Modeling
  • Change Management
  • Mis
  • Business Process Improvement
  • Financial Analysis
  • Financial Planning
  • Financial Reporting
  • Management
  • Accounting
  • Vendor Management
  • Finance

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Ajit Bothra — Managing Director - Global Accounting Operations at State Street in Bengaluru, KA, IN | Unifers