Sumeet Awaghade
About Sumeet Awaghade
Sumeet Awaghade is a Product Controller at Cognizant Technology Solutions, where he has worked since 2018. He specializes in managing discrepancies on the trading desk and providing risk-based analyses for senior management.
Work at Cognizant Technology Solutions
Sumeet Awaghade has been employed at Cognizant Technology Solutions since 2018, serving as a Process Executive. His role involves acting as a control function for the trading desk, where he collaborates with the front office, middle office, and operations to address any discrepancies. He is based in Teaneck, New Jersey, and has accumulated six years of experience in this position.
Education and Expertise
Sumeet Awaghade studied at Sinhgad School of Business Studies in Narhe, Pune, where he focused on Financial Management and Finance. He earned a Master of Business Administration, which has equipped him with the necessary skills for his current role in finance and risk management.
Responsibilities and Functions
In his role as Product Controller, Sumeet Awaghade is responsible for providing risk-based commentaries to senior management regarding daily production fluctuations of +/- 0.5 million. He manages month-end activities and the closing of books, ensuring that there are no variances between the control system and the general ledger. He also ensures that the portfolio is marked to its fair value to uphold the integrity of financial statements.
Investigation and Resolution of P&L Estimates
Sumeet Awaghade plays a critical role in the investigation and resolution of discrepancies between profit and loss (P&L) estimates and actual results. His work ensures accurate financial reporting and helps maintain the reliability of financial data within the organization.