Rakesh Sharma

About Rakesh Sharma

MBA in Finance over 19 years of corporate experience encompassing various facet in…

Experience

1. Vice President Finance

   Citi

   Sep 2013 — Present · Mumbai, IN

   Country Finance Transformation lead and Controller - VP (EMEA)Finance Controller responsible for analyzing and assuring accuracy and completeness of Legal Entity and Management financials for EMEA region managing Bank Chain and Broker Dealer entitiesProvide monthly and quarterly insight on financial statement in Country Controller, Regional Controller, US regulatory Team and Financial Planning and Analysis (FP & A) TeamPartnership with Country Finance to provide Analytical and Assurance support to Countries\\Clusters Finance and execution of Core Financial Reporting Processes. Analyze Revenues/ Expenses per business like Investment Banking, Private Banking, Markets and other businesses. Prepare analytics like Private Bank summary per client and identify main drivers of business and ensure bookings are as per PLAN/ Budget Co-ordination with multiple stakeholders like Controllers, FP & A, Product Control, Operations and various business units in countries and regionFinancial Reporting - Manager Submission of the country\'s Financial Data Load on a monthly basisPreparation, review, and submission of the country\'s other head office reports, Managing Internal AuditPerforming Variance Analysis (between Budgeted and actual numbers) for Month end and Quarter end reporting and to comment on the drivers of the movementEquity Compensation Accounting – Assistant ManagerAccounting and Reporting for Share based payments amortization (Equity linked Awards) granted to Citi EmployeesVariance analysis by businesses and controllers between PLAN vs ActualDaily P&L report checking the total compensation numbers keep check on expected postingReconciling on monthly basis between Citi NA N.Y (HO) and Citi subsidiaries ensuring unvested liability is correctly recorded in subsidiaries Balance SheetChargeback: release of awards on a yearly basis as per the vesting schedule agreed between CITI and the employee as per US GAAP, Disclosure as per IFRS 2 for the unvested awards

Education

• Welingkar Institute of Management

  MBA Finance, Finance and Financial Management Services

  2009 — 2011

• ICFAI Distance Education

  Diploma in Business Management, Business Administration and Management, General

  2004 — 2006

• University of Mumbai

  Bachelors of Commerce, Accounting and Finance

Skills

• Excel
• Banking
• Adnanced Excel, Macros
• Auditing
• Access
• Ms Office Tools
• Account Reconciliation
• Microsoft Excel
• Mis
• Analysis
• Accounts Payable
• Balance
• Reconciliation