Kartik Kolluri, CA, CFA

Bloomfield NJ *****

Email: adhonj@r.postjobfree.com

Mobile: +1-347-***-****

US Permanent Residentmailto:adhonj@r.postjobfree.com with Green Card

SUMMARY

Qualified CA/CFA professional with 13 years’ experience in corporate accounting, financial planning and analysis, financial system implementation, financial reporting, and product control in banking and Retail/CPG industries. Strong analytical, project management, planning skills focused on reducing cost and have led projects to setup consolidated financial reporting and planning teams in Australia, Mumbai, USA and Canada.

PROFESSIONAL EXPERIENCE

Capri Holdings Limited (Retail/CPG), East Rutherford, NJ April 2019 to Present

Director – Corporate FP&A and Finance Systems

Manage team of 3 managing overall budgeting, forecasting and reporting to align with strategic priorities in the company.

Support quarterly earnings release by conducting brand margin analysis for all 3 brands (Michael Kors, Jimmy Choo, Versace), including revenue, gross profit, and SG&A lines in evaluating trend effects in the retail, e-commerce, and wholesale markets.

Draft earnings release scripts and external press communications for investor relations.

Manage enhanced Operating Expense dashboard to monitor Jimmy Cho and Versace acquisition expenses and other Non-GAAP adjustments in reporting to CFO.

Partner with regional/divisional stakeholders on providing variance explanations, and annual view bridging previous budget submissions to current view.

Provide guidance on a $10m capital budget to create priority lists for new stores and renovations to review with senior leadership, resulting in a balanced capital spend and an expected ROI of at least 15%.

Manage capital and operating expenses for a $350m five-year SAP and Hyperion Planning implementation, including presenting detailed multi-year financial forecasts using zero-based budgeting concepts.

Documented business requirements for Hyperion Planning upgrade to include Jimmy Choo and Versace, and built post go-live governance process to define approval chain for all 3 brands.

Currently managing transformation initiatives in Tax & Treasury, Legal, IT and Store Design with savings of ~$37m in FY23, while ensuring SEC compliance of acquisition, transformative and integration costs.

Developed FP&A process to lift ~$23m of operating costs into corporate for FY21.

Created alternative financial solutions for transacting entities in Jimmy Choo and Versace, liaising with tax team to ensure local tax legislature compliance.

BNP Paribas USA, Jersey City, NJ February 2016 to April 2019

Vice President – US Financial Reporting (September 2016 to April 2019)

●Prepared the IFRS and USGAAP Intermediate Holding Company (IHC) Financial Statements of BNP Paribas’ US operations (~$150 bn in assets generating ~$1.2 bn in revenue), and Forms 10-K, 10-Q and 8-K as per SEC requirements.

●Managed the consolidation scope and legal entity structure (~50 entities) of BNP Paribas USA.

●Held weekly updates with CFO/Controllers in various US entities to review impacts of major account policy changes (IFRS 9, IFRS 16, etc.)

●Conducted impact analysis of merger of broker dealer and security corporation, with savings of $20m.

●Provide monthly impact analysis of funding, repurchase agreements, inter-company transactions and external borrowing facilities to CFO.

●Led companywide initiatives including Finance Transformation and Shared Services, estimated to save $30m over 2 years.

Vice President – Finance Systems and Data, IHC Program (February 2016 to September 2016)

●Managed team of 5 consultants in the completion of in-scope deliverables such as financial referential data (chart of accounts, product, legal entity, business line and cost centre hierarchies), project status updates and KPIs, business / functional specifications, and change request forms.

●Led finance system implementation projects form Hyperion Financial Management and Hyperion Planning (~$10m budget), including conducting Systems Integration Testing, assist in User Acceptance Testing, and provide functional support during financial closings to ensure smooth production cycles and reduce manual interventions.

●Maintained the detailed IHC Chart of Accounts (IHC CoA) mappings and product structure in line with IFRS and USGAAP reporting standards and led the implementation for Oracle DRG/DRM change management process to preserve audit trail.

●Designed and documented processes, runbooks and operational control framework around consolidated financial reporting and financial planning and analysis, while interfacing with members of senior leadership and IT.

●Negotiated licensing agreements/budgets and implemented Workiva WDesk to manage annual report production, projected to save ~$1m over 2 years.

●Supported the Regulatory Reporting team by building reconciliations between IHC Financial Statements and Regulatory Reporting (FR Y-9LP, FR Y-9C, FRY-12, FRY-15, FRY-11 and TIC reports), saving both teams 3 days of work.

●Spearheaded setting up Head Office reporting teams in both onshore/offshore sites (Mumbai and Canada), including define control framework for finance data flow, and documentation of SOPs and SLAs around consolidated financial reporting.

Commonwealth Bank, Sydney, Australia November 2010 to December 2015

Manager Interest Rate Derivatives – Institutional Banking & Markets (May 2014 to December 2015)

●Managed team of 3 product controllers to produce daily and weekly Interest Rate Derivative risk positions reporting, constituting ~60% of total P&L generated by Institutional Banking & Markets division.

●Prepared monthly commentary on interest rate swap positions to financial reporting and accounting policy teams in accordance with AASB 139 financial instrument recognition and measurement accounting standard.

●Managed the performance of mid-month and monthly price verification calculations, including verifying structured finance product models to ensure accuracy of evaluations.

●Reviewed valuation adjustments to ensure that balances reflect the correct exposure based on correlation, volatility, and model inefficiencies.

●Performed in-depth market research to determine the liquidity of various products in order to revise current liquidity reserve policies and develop new ones.

●Drove changes with operations and technology to ensure proper trade flows, including revamp of existing Access Database to improve retrieve of front office interest rate derivative positions.

●Other product exposure included bonds (treasury, investment grade, high yield, and emerging markets), structure finance products (CDO, CMBS and ABS), derivatives (equity swaps, interest rate swaps, equity options and credit default swaps) and equities.

●Additional month-end duties included posting of journals to attribute P&L across various business units and balance sheet attestation.

Group Reporting Manager – Financial Operations (November 2010 to May 2014)

●Managed team of 5 analysts to manage month-end close process, annual report and profit announcement for Bank Holding Company and Consolidated Group.

●Slashed month-end turnaround time by 40% by building cross validation excel models to reconcile Hyperion Financial Management submissions with Annual Report and month-end work files. This resulted in all month-end journal entries being finalized by WD4.

●Performed impact analysis and provided commentary on BankWest acquisition (~A$2.1 bn deal) for executive management.

●Developed comprehensive trend analysis charts and forecasts to guide customers across Retail Banking Services (RBS) and Business & Private Banking (BPB) in product pricing decisions.

●Prepared various monthly and quarterly reports for Australian Prudential Regulatory Authority (APRA), including Bank’s Balance Sheet and Profit & Loss Statements.

Ernst & Young, Sydney, Australia February 2009 to November 2010

Associate – Financial Services Division

●Audited banking and insurance clients in the Financial Services division in accordance with IFRS, including performing controls and substantive testing, developing a strong knowledge in Equity Operations, Insurance and Product Control business areas.

●Designed and conducted testing strategies to efficiently perform sample testing and obtained deep knowledge of front office trading and back office reconciliation systems.

●Successfully project managed financial year-end compliance work in relation to APRA, ASX and SFE, and provided guidance to clients in classifying derivative instruments to meet key regulatory reporting deadlines.

●Mentored graduate accountants in managing Work-In-Progress templates to track budget and expenses of engagement team members.

EDUCATION

University of New South Wales, Sydney, Australia November 2008

Bachelor of Commerce (Accounting and Finance Double-Major)

Institute of Chartered Accountants Australia, Sydney, Australia Chartered Accountant (CA) Certification April 2012

CFA Institute, Sydney, Australia

Chartered Financial Analyst (CFA) Certification June 2014

TECHNICAL SKILLS

SQL – retrieving data from Oracle Financial Services Analytical Application (OFSAA) database.

PeopleSoft GL / LAP – source ledger (banking)

SAP S/4HANA ERP and Master Data Management (MDM)

JDE – source ledger (retail)

Oracle EPM / ERP – Hyperion Financial Management (HFM) / Hyperion Planning (HP) / Oracle Data Relationship Management (DRM), OFSAA and Oracle Business Intelligence Enterprise Edition (OBIEE)

Teradata GDW – global data warehouse

Tableau – data extraction and analysis on unmapped balances and data visualization

JIRA - prioritize monthly sprints and milestones for Finance Projects using agile project methodology.

Microsoft Excel, Access, Word, PowerPoint, and Macro coding.

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