Summary
Overview
Work History
Education
Skills
Projects
Interests
Timeline
Generic
Shilpa Aggarwal

Shilpa Aggarwal

Summary

Highly skilled Finance Manager with extensive experience in the Financial Services Industry (FSI) at Deloitte Singapore. Over 10 years of international expertise in Financial Advisory, forecasting and budgeting, audit and Internal Controls & Process Review. Developed a strong focus on finance transformation within the insurance market.

Successfully worked in diverse countries and cultures, showcasing adaptability and cross-cultural communication skills.

Excited to relocate to Ireland by the beginning of 2025, seeking new opportunities to contribute expertise and drive financial success.

Overview

10
10
years of professional experience

Work History

Finance Manager

Deloitte
12.2022 - Current
  • Designing RFP responses
  • Perform the duties of PMO for the projects including financial reporting, budget and stakeholder management
  • Performed End-to-End IFRS 17 implementations for leading insurance companies
  • Performed defect triage and analysis, reviewed sub-ledger process, controls & system integration
  • Identifying system and operational defects

Finance Manager

Deloitte
09.2021 - 12.2022
  • Prepared revenue budgets and growth forecasting during business acquisition
  • Identifying WCGWs in the system process, analyzing their financial impact and provide controls for the same
  • Designed Control Framework with IT team to automate the financial process during initial files input

Audit and Financial Advisory Consultant

Annansys Inc
01.2020 - 09.2021
  • Reporting on control deficiencies to management and making recommendations to mitigate risk and add value
  • Development of key controls and guide risk assessments to enhance organizational resilience
  • Conducting risk analyses for financial plans
  • Preparation of SOP (Standard Operating Procedures) and maintain set of workflow

Audit and Compliance Senior

Amazon
01.2018 - 12.2019
  • Managing a team of juniors in maintaining timely risk management reports for compliance and internal audit procedures
  • Support the production, validation and analysis of data to fulfill the Company's reporting obligations in line with the GAAP
  • Working on managing audit pipeline to execute and report on audit outcomes

Audit Lead

Ernst & Young LLP
10.2015 - 12.2017
  • Supervising team of associates in performing statutory and compliance audit procedures for clients including life insurers, general insurers and other industries
  • Testing of client's internal control system and assessing the effectiveness of controls while suggesting measures for upgrade and detecting potential errors

Insurance Associate

DXC Technology (Xchanging Technologies)
08.2014 - 08.2015
  • Working with underwriters and clients in Lloyds of London Insurance market
  • Verification of premium including outstanding premiums and agent's balance
  • Review of claims and commissions

Education

Institute of Company Secretaries of India
India

Bachelor of Commerce -

DDUC, Delhi University
India

Masters of Commerce -

IGNOU
India

Skills

  • Finance Transformation
  • IFRS 17 implementation
  • Budgeting and Forecasting
  • IFRS and US GAAP
  • Project Management
  • Stakeholder Management
  • Internal Audit
  • Accounting and Reporting

Projects

Finance Transformation

Eka Lloyd Jaya, Indonesia (Deloitte, Singapore)

Jan 2024 - Present

Understanding client's current progress in PSAK 74 (IFRS 17) implementation journey. Working with Finance and Actuary team to identity the data flow and architecture of the systems. Review technical accounting papers, preparing methodology specification documents, working with actuary and system team to implement PSAK 74 and handling the team during SIT/UAT and training workshops.


STBD, Brunei (Deloitte, Singapore)

Jan 2024 - Present 

Understanding Takaful business and drafting TPP and Meth Specs, validating Financial results as per PSAK 74 (IFRS 17) requirements, preparing the disclosures list, final Trial Balance analysis, assisting client during external audit. 


Skuld Norway (Deloitte, Singapore)

Jan, 2023 - June, 2023

Working as a compliance and IFRS 17 expert for marine insurer. Handling Singapore branch compliance matters with MAS including but not limited to MAS submissions, compliance & statutory audit, financial statements presentations as per IFRS 17. Working with Norway headquarters for monthly closure. 


Prudential Corporation, Asia (Deloitte, Hong Kong)

May, 2022 - Sept, 2022

Managing the finance team for PLAI (Prudential Indonesia) for SIT and UAT testing. Building the scope for testing including test case inventory. Working with SAS VA and SUN GL to provide the final numbers for IFRS 17 Financials including Balance Sheet, Comprehensive Income and disclosures. Supervising the ETL testing. 


FWD Insurance, Asia - (Deloitte, Hong Kong)

Nov, 2021 - April, 2022 

Development and implementation of IFRS 17 using Aptitude solution. Designed the control framework for AICE and AAH framework. Validating the implementation using SQL. Oversee UT, SIT and UAT progress. 


Audit

Munich Re (EY, India)

Analyzing key performance indicators (KPIs) to assess the effectiveness of risk management strategies and internal controls, conducting procedures for TOC (Test of Control) and TOD (Test of Details), testing ITGCs and manual internal controls, drafting audit findings memorandum 


Other Projects

Carbon Care Asia - Deloitte (Hong Kong) 

October 2022

Actively involved in business acquisition of CCA, a core ESG company. Forecasting the future revenue growth of the arrangement, working on ROI and business finance, compliance checks for the prospective clients, finalizing on the budget and team hire decisions. 


Lloyd's of London (Insurance) - DXC, India 

Verification and review of premiums and claims along with recalculation and analysis of various related taxes.

Interests

Eager to explore and embrace new cultures, thrive on learning and meeting diverse people. My travels across Europe and Asia have been nothing short of transformative. I've hiked under the stars to witness a live volcano in Indonesia, stayed in a cave hotel in Cappadocia, soared through the skies while skydiving in Dubai, and immersed myself in the vibrant underwater world while scuba diving in the Maldives. Each experience has enriched my perspective and deepened my appreciation for nature and people from different walks of life.

Timeline

Finance Manager

Deloitte
12.2022 - Current

Finance Manager

Deloitte
09.2021 - 12.2022

Audit and Financial Advisory Consultant

Annansys Inc
01.2020 - 09.2021

Audit and Compliance Senior

Amazon
01.2018 - 12.2019

Audit Lead

Ernst & Young LLP
10.2015 - 12.2017

Insurance Associate

DXC Technology (Xchanging Technologies)
08.2014 - 08.2015

Institute of Company Secretaries of India

Bachelor of Commerce -

DDUC, Delhi University

Masters of Commerce -

IGNOU
Shilpa Aggarwal