Deep Bhavesh Shah
Mumbai
Summary
Accomplished Senior Financial Analyst with extensive experience in financial control, product control, and financial planning and analysis within the banking sector. Proven expertise in handling month-end close activities, balance sheet substantiation, P&L reporting, and strategic problem solving for listed derivatives and over-the-counter derivatives businesses. Recognised for process automation initiatives that significantly reduced operational time by 7-8 hours monthly and awarded 'Name & Fame' recognition four times for exceptional contributions. Adept at business analysis, forecasting, data analysis, and maintaining strong relationships with stakeholders to drive operational efficiency. Skilled in Microsoft Excel, Microsoft Outlook, and financial reporting with a demonstrated ability to work under pressure while adhering to strict deadlines.
Overview
5
5
years of professional experience
2
2
Certification
Work History
Senior Financial Analyst
Deutsche Bank
Mumbai
10.2020 - 03.2024
- Managed financial control for listed derivatives business in Germany region.
- Executed month-end close activities, reporting P&L to traders and substantiating balance sheet monthly.
- Maintained relationships with onshore employees and traders to support business operations.
- Prepared forecasts and five-year plans to guide strategic decisions.
- Analyzed variances between forecasts and actuals, providing insights on discrepancies.
- Drafted commentaries addressing significant deviations in planned figures.
- Evaluated balance sheet and P&L changes, adapting to regulatory updates.
- Automated daily position value reporting for client balances, reducing month-end processing time by seven to eight hours.
- Applied advanced Excel skills to manage data using pivot tables, VLOOKSUPs, SUMIFS and Index Match.
- Provided training and mentorship to junior financial analysts, enhancing team skill sets and performance.
- Partnered closely with internal stakeholders across various departments to provide analysis and relevant support.
- Collaborated with cross-functional teams to streamline financial processes, achieving a 20% increase in efficiency within the finance department.
Financial Analyst
Deutsche Bank
Mumbai
02.2019 - 09.2020
- Managed product control for Listed Derivatives in Frankfurt and London regions.
- Prepared daily P&L reports for Listed Derivatives products.
- Communicated with traders to facilitate daily business operations.
- Oversaw financial control and product control for Over the Counter Derivatives in London region.
- Compiled monthly financial statements, including balance sheets and P&L reports.
- Interacted with traders for daily P&L and end-of-month balance sheet substantiation.
- Prepared detailed monthly financial reports for management, highlighting key performance indicators and variances.
- Analysed financial data to identify trends, forecast future results, and recommend investment strategies.
CA Articleship
Bansal Bansal & Co.
Mumbai
08.2013 - 09.2016
- Conducted Statutory & Internal Audit in Corporate entities & Partnership Firms, Tax Computation, Balance Sheet analysis, Tax deductible service and Profit & Loss reconciliation.
- Worked as a Concurrent Auditor in Bank of Baroda & Central Bank of India.
- Worked as Statutory Auditor in Punjab National Bank.
- Well versed in using Tally for the purpose of financial accounting.
- A hardworking and dynamic individual with strong interpersonal skills and ability to handle pressure while adhering to strict deadlines.
- Managed complaints with calm, clear communication and problem-solving.
Education
CFA Level 1 -
CFA (USA) institute
12.2018
CA -
ICAI
06.2018
Bachelor of Commerce -
Narsee Monjee College of Commerce & Economics
Mumbai, India05.2014
Skills
- Business and financial analysis
- Team leadership
- Account reconciliation
- Active listening
- Decision making
- Effective communication
- Financial control
- Financial planning and reporting
Accomplishments
- Automated the reporting of position value of every day client balances by interacting with various teams and lead the process change which was carried out manually before in turn benefiting the team with reduction of 7-8 hours at month end.
Languages
English
Proficient
C2
Gujarati
Proficient
C2
Hindi
Advanced
C1
Marathi
Upper Intermediate
B2
Interests
- Participated as an Event Organizer in Dance & Dramatics Team at NM College's Umang fest in 2010.
- Player of Junior College Football Team in 2011.
- Organised Games in the organisation such as 'PLAY BEFORE MONTHEND' for the team in order to help team building activity & brain storming activities.
Certification
- Microsoft Power BI Course (Completed)
- AI Tools & Automation Workshop – be10x (Certified)
Hobbies and interests
- Dancing
- Music
- Travelling
- Creative Space
Timeline
Senior Financial Analyst
Deutsche Bank
10.2020 - 03.2024
Financial Analyst
Deutsche Bank
02.2019 - 09.2020
CA Articleship
Bansal Bansal & Co.
08.2013 - 09.2016
CFA Level 1 -
CFA (USA) institute
CA -
ICAI
Bachelor of Commerce -
Narsee Monjee College of Commerce & Economics