Lead Auditor
Saudi Aramco Group (Petro Rabigh)
Total years of experience :14 years, 2 Months
Audit Senior in Internal Audit Services.
Senior Auditor in the Advisory services.
Department: Portfolio Accounting & Client Services
Designation: Analyst
I have been a part of Barclays Prime Services India Unit since its inception in Mumbai. Was part of the first 15 members team to start the unit with. I was part of the 5 members team which took the Portfolio Accounting and Client Services function live in India.
Key Highlights:
Played a key role in migrating the entire Portfolio Accounting function from US to India.
I was selected from the team to migrate the Client Services function from US - for which I had to clear the FINRA Series 7 and Series 63 exam of The United States - as a regulatory requirement and cleared successfully.
Currently I am also responsible to train the new joinees on the Portfolio Accounting function.
Have received appreciation for quick learning and smooth migration of functions from the global counterparts (US and ASIA region)
Detailed job profile:
Markets Central COO Function/Risk and Control (Sep’13 - Till Date):
Working with Global COO’s and Business Manager’s team to support the business through managing/contributing to COO driven initiatives.
Producing key business performance reports for the COOs / MDs of Equities and Prime Services division, containing details such as - revenues, profit and loss, balance sheet, client balances, budget vs. actual analysis, budget vs. forecast, revenue trend across industry.
Producing various MIS including end-to-end revenue analysis of Barclays vs. Competitors, its overall rank in the industry over the years, productivity calculation and desk level comparison vs. competitors.
Producing key business metrics for COO office, gather data and analyze to produce a metric summary, which includes desk-wise annual objectives, current status of the objectives, trend, key updates to local management and committees.
Support the operating committees including agenda management and producing meeting material, consolidate and track action items for the committee.
Assist with cost of income analysis and financial planning including staff and headcount planning.
Producing weekly and monthly global headcount analysis report highlighting the overall divisional headcounts, trend over the months and years, budget vs. actual headcount, joiners/leavers, trend of joiners/leavers over the months.
Interact with stakeholders and various product heads globally to keep track of pending operational risk control issues
Timely escalation of the pending issues to the owners/regional stakeholders
Generating MIS reports for the weekly operational control meetings
Preparation of management reports for various divisions - Equities, Fixed Income, Research, etc.
Portfolio Accounting (Sep’11 - Sep’13):
Portfolio Accounting
Responsible for portfolio analysis and accounting for Hedge fund clients handling FX Cash and Commodities Process, reconciliation of FX Trades.
Handling Fixed income and Derivative billing functions and generating Interest statements for Hedge fund clients both in US and Europe
Monitoring and posting of corporate actions.
Daily analysis of stock position of Hedge Funds and covering any short positions by security lending (stock loan)
Trade settlement and reconciliation - i.e. perform reconciliation function between books records and accounting platform.
Work with the technology team to help in automating a part of the Corporate Action function performed on a daily basis by the team
Generating profit and loss reports, margin reports for the clients to retrieve.
Ensuring correct pricing of securities in the accounting platform so that correct profit and loss reports are generated and out on the web.
Managing the daily Client Reporting which goes to Head fund/Fund Admin/Institution for cross products. Should have a indebt understanding of Client Portfolio and Strategy.
Line of Service: Risk and Advisory Services / Internal Audit
Designation: Senior Analyst
Work Details- The audit basically involve review of:
• The overall adequacy and effectiveness of the internal controls systems and procedures to safeguard assets
• Compliance with operating policies, procedures, common laws, regulations and significant contracts
• Risk management consulting
• Risk analysis vis-à-vis objectives of the organization.
• Interviewing clients and various process owners of different functions
• Preparing of Audit reports and presentation for the Audit committee and management
Was part of the Internal Audit Teams and audited companies such as:
1. TRF Limited (Jamshedpur and Kolkata)
2. MSTC Limited
3. IFB Industries Limited (Goa)
4. Oil India Ltd.(OIL) (Kolkata and Bhubaneswar Branch),
5. MCC PTA India Pvt. Ltd (Kolkata HO and Haldia plant),
6. Jessop & Co. Ltd (Kolkata),
7. SPML (Kolkata),
8. Madras Aluminum Company Ltd (Mettur)
Have audited various areas and functions of the organizations such as:
• Sales (Order to Cash)
• Procurement (Procure to pay)
• Logistics Area
• Fixed Assets
• Cash & Bank
• HR & Payroll
• Administration
• Inventory Management
• Statutory Compliance (Service Tax, TDS, PF, ESI, VAT, FBT)
Work Details- The audit basically involve review of:
• The overall adequacy and effectiveness of the internal controls systems and procedures to safeguard assets
• Compliance with operating policies, procedures, common laws, regulations and significant contracts
• Risk management consulting
• Risk analysis vis-à-vis objectives of the organization.
• Interviewing clients and various process owners of different functions
• Preparing of Audit reports and presentation for the Audit committee and management
Have audited various areas and functions of the organizations such as:
• Sales (Order to Cash)
• Procurement (Procure to pay)
• Logistics Area
• Fixed Assets
• Cash & Bank
• HR & Payroll
• Administration
• Inventory Management
• Statutory Compliance (Service Tax, TDS, PF, ESI, VAT, FBT)
Certified Internal Auditor
Cleared FINRA Series 7 and Series 63, which is a licensed certificate for a General Securities registered representative in the US market.
Completed my MBA (Finance) with an overall CGPA of 8.02/10. Specialization Subjects were as follows: 1. Financial Statement Analysis 2. Investment Banking and Financial Services 3. Mergers and Acquisitions 4. Financial Risk Management 5. Security Analysis 6. International Finance and Trade 7. Portfolio Management 8. Strategic Financial management
Completed my B.Com (Hons.) in the year 2007. The honours subjects were as follow: 1. Financial Accounting 2. Direct and Indirect taxes 3. Cost and Management Accounting 4. Indian Financial system and Financial market operations 5. Corporate Accounting 6. Financial Management 7. Financial Statement Analysis 8. Auditing