Prasad Hattikudur

Currently

Works at:
JP Morgan Chase
Location in:
Birmingham, United Kingdom

Prasad has worked/studied in

  • India
  • United Kingdom
  • United States of America

Prasad speaks

  • English
  • French
  • Hindi
  • Konkani
  • Marathi

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Work

2005 – 2010

Team Specialist/ Analyst, Controller

JP Morgan Chase , India
  • Team Specialist/ Analyst, Controller - Treasury & Securities Services Administration (Sept 2008 – Aug 2010)
  • Proposed and implemented standardisation of scorecards across different products and lines of business which facilitated ease of reading the reports and saved time
  • Conceptualised and prepared the Global and Regional balance sheet and income statement for the treasury line of business
  • Improved the month end close process by tracking and efficiently following up the clients thereby reducing the number of post close adjustments
  • Reconciled $91 Million under assets and $16 Million under liabilities between the corporate ledger and the sub ledger
  • Defined technical spectrum which assisted technology team in automating the process
  • Created the retention metrics for all aged items
  • Produced monthly metrics and scorecards of the EMEA (Europe, Middle East and Africa) balance sheet which assisted senior controllers in taking informed business decisions
  • Senior Team Member, General Ledger Operations (Aug 2007 – Aug 2008)
  • Rectified reference mapping issues to clear 55,000 errors of $8.7 trillion
  • Displayed exemplary problem solving and co ordination skills and resolved $50 billion from suspense
  • Involved in clearing 25,000 transactions from suspense account amounting to $3.8 billion and ensured a smooth close
  • Appreciated by senior management for maintaining high level of performance and quality of deliverables while working under tremendous pressure
  • Liaised with internal and external auditors along with operation teams, to meet auditor requirements and clarify queries raised
  • Formulated suspense clearance Op Model write off process which was approved by senior management
  • Coordinated testing, mergers and SAP system enhancements. Created testing plans, managed and executed user acceptance tests
  • Imparted process and system training to new joiners
  • Reviewed work of other members of the team
  • Documented Standard Operating Procedures
  • Monitored and reconciled the flow of financial information
  • Team Member, General Ledger Operations (Apr 2005 – Aug 2007)
  • Based in USA and India, worked on the merger between JP Morgan Chase and Bank One
  • Trained in SAP system and successfully stabilised the Corporate General Ledger process in India
  • Achievements and Awards
  • Successfully built various variants in SAP, macro’s, info shares and training teams which have resulted in time savings of approximately 1500 hours annually
  • Successfully migrated functions from UK in short span of 4 weeks
  • Corporate Finance Recognition and Reward Program, Team Award in recognition of partnership, control enhancements and process improvements –Quarter 2009, 4th Quarter 2007, 3rd Quarter 2007 & 4th Quarter 2006
  • Champ of Quarter, Team Award in recognition of partnership and process improvements – 4th Quarter 2008
  • GFO Pillar Award, Team Award in recognition of partnership, quality and supporting firms principals – 3rd Quarter 2007, 4th Quarter 2006 & 3rd Quarter 2006
  • Spot Individual Award in recognition of partnership, quality and training – 2nd Quarter 2007

Education

2000 – 2005

Mumbai University

Bachelor in Commerce, Majors in Accountancy & Audit (Bachelors)

Clubs

Not a member of any clubs