Assistant Manager
Bank of Bahrain and Kuwait
مجموع سنوات الخبرة :18 years, 11 أشهر
Financial Control, Internal Control and Planning:
•Oversee the preparation and validation of all monthly, quarterly and year end financial reports.
•Ensure all financial reports and financial statements are prepared and submitted in an accurate and timely manner with full compliance to policies and procedures and the IFRS.
•Plan and oversee month end closing activities such as monthly expensing of prepaid expenses, accrual entries etc.
•Oversee the preparation and submission of MIS reports for both internal customers and HO.
•Participate in the preparation of strategic plans and budgets and ensure timely submission of data as per the Budget time table.
•Coordinate internal and external audits; respond to routine queries on business transactions and provide appropriate explanation and justification.
•Examine and analyze audit reports and submit observation to the Manager for review.
•Resolve or rectify discrepancies highlighted by external and internal Auditors, CBK etc.
•Ensure internal customer queries and requests are answered promptly and accurately.
•Monitor the Daily Balance Sheet and report significant movements for necessary actions.
•Monitor the entire reconciliation process including but not limited to Nostro Reconciliations, Suspense A/c, Clearing a/c etc.
•Monitor internal control activities such as Cash Counts, Department Proofing, Voucher Verification and ensure full compliance to policies and procedures.
•Monitor the actual performance against the budget and highlight the reason for variances and recommend desired corrective action.
•Serve as a point of contact for the flow of information from HO and BBK-Kuwait and vice versa.
•Control and monitor fixed assets recording and deprecation.
•Oversee the preparation and submission of LCT & FCTR reports to CBK on a daily basis
•Coordinate with IT in the automation of MIS reports.
CBK Reporting (Mainframe & TBS)
•Oversee the preparation and timely submission of Mainframe reports & TBS reports to CBK on a Monthly\Quarterly\Yearly basis.
•Update the TBS Reports as per the TBS specification document as and when changes are communicated by CBK.
•Work on the automation of sub reports/schedules of Mainframe reports & TBS Reports and thereby reduce the process cycle time.
People Management:
•Assign duties and examine work for accuracy, neatness, and compliance to policies and procedures.
•Assign goals and objectives to staff and monitor achievement of team objectives.
•Provide on the job training and coaching to staff and provide information and necessary material to staff to carry out the jobs.
•Provide training on new processes as and when necessary.
•Conduct performance appraisal and identify training and development needs.
•Make requisite attempts to handle all grievances raised by subordinates in a prompt and effective manner
•Prepare annual leave plan for employees and overtime requests for management approval
Company: Bank of Bahrain and Kuwait, Kuwait
Company: Bank of Bahrain and Kuwait, Kuwait
•Monitor the Customer Loans Balances Vs Securities Market Value and report it to the department head in case of shortfall in coverage ratio.
•Co-ordinate and obtain Balance Confirmations from customers.
•Assist the Finance Manager in the preparation of the Group budget.
•Comparison of actual performance with budget, forecast; analysis and interpretation of variances.
•Representative for ISO 9001:2000 for the Finance Department.
Company: Citi Financial (A unit of Citi Group), India
Position Held: Credit & Risk Officer
Dates: June 2006 to August 2006
Duties: • Analysis of delinquency data for 9 branches.
• Report the findings of delinquent data to State Head (Credit & Risk) for action.
• Surprise branch visits so that proper authority matrix is followed and random verification of customer files.
Computer Literacy:
• Proficient in MS Office - MS Word, Excel, PowerPoint & Visio
• Ready made packages: I-Loan & Auto - management
• Banking Packages - Phoenix, Avantguard Quantum, Global FS.
Achievements and major responsibilities held:
• Winner of the Finance game in a National Level Management Fest conducted by JGI-MATS, India.
• Student Co-coordinator of Verve 2006 - a national level management Festival conducted by Aloysius Institute of Business Administration.
•Analysis of delinquency data for 9 branches.
•Report the findings of delinquent data to State Head (Credit & Risk) for action.
•Surprise branch visits so that proper authority matrix is followed and random verification of customer files.
• Captain of the college cricket team which won the inter-collegiate championship (2004)
• Best Batsman Award 3 times in a row in TDL Tournaments organized by TACK, Kuwait
• Awarded "Batsman of the Year" for season 2012-13 by Kuwait Cricket, an affiliate of Asian Cricket Council (ACC) and International Cricket Council (ICC)
• Represented India X1 in the year 2013 and 2014
Company: Bank of Bahrain and Kuwait, Kuwait
Position Held: Assistant Manager
Department: Financial & Internal Control
Reporting to: Head, Financial & Internal Control
Number of subordinates: 5
Dates: February 2007 till date
Duties:
Financial Control, Internal Control and Planning:
• Oversee the preparation and validation of all monthly, quarterly and year end financial reports.
• Ensure all financial reports and financial statements are prepared and submitted in an accurate and timely manner with full compliance to policies and procedures and the IFRS.
• Plan and oversee month end closing activities such as monthly expensing of prepaid expenses, accrual entries etc.
• Oversee the preparation and submission of MIS reports for both internal customers and HO.
• Participate in the preparation of strategic plans and budgets and ensure timely submission of data as per the Budget time table.
• Coordinate internal and external audits; respond to routine queries on business transactions and provide appropriate explanation and justification.
• Examine and analyze audit reports and submit observation to the Manager for review.
• Resolve or rectify discrepancies highlighted by external and internal Auditors, CBK etc.
• Ensure internal customer queries and requests are answered promptly and accurately.
• Monitor the Daily Balance Sheet and report significant movements for necessary actions.
• Monitor the entire reconciliation process including but not limited to Nostro Reconciliations, Suspense A/c, Clearing a/c etc.
• Monitor internal control activities such as Cash Counts, Department Proofing, Voucher Verification and ensure full compliance to policies and procedures.
• Monitor the actual performance against the budget and highlight the reason for variances and recommend desired corrective action.
• Serve as a point of contact for the flow of information from HO and BBK-Kuwait and vice versa.
• Control and monitor fixed assets recording and deprecation.
• Oversee the preparation and submission of LCT & FCTR reports to CBK on a daily basis
• Coordinate with IT in the automation of MIS reports.
CBK Reporting (Mainframe & TBS)
• Oversee the preparation and timely submission of Mainframe reports & TBS reports to CBK on a Monthly\Quarterly\Yearly basis.
• Update the TBS Reports as per the TBS specification document as and when changes are communicated by CBK.
• Work on the automation of sub reports/schedules of Mainframe reports & TBS Reports and thereby reduce the process cycle time.
People Management: • Assign duties and examine work for accuracy, neatness, and compliance to policies and procedures.
• Assign goals and objectives to staff and monitor achievement of team objectives.
• Provide on the job training and coaching to staff and provide information and necessary material to staff to carry out the jobs.
• Provide training on new processes as and when necessary.
• Conduct performance appraisal and identify training and development needs.
• Make requisite attempts to handle all grievances raised by subordinates in a prompt and effective manner
• Prepare annual leave plan for employees and overtime requests for management approval
Position Held: Assistant Manager
Department: Financial & Internal Control
Reporting to: Head, Financial & Internal Control
Number of subordinates: 5
Dates: February 2007 till date
Duties:
Financial Control, Internal Control and Planning:
• Oversee the preparation and validation of all monthly, quarterly and year end financial reports.
• Ensure all financial reports and financial statements are prepared and submitted in an accurate and timely manner with full compliance to policies and procedures and the IFRS.
• Plan and oversee month end closing activities such as monthly expensing of prepaid expenses, accrual entries etc.
• Oversee the preparation and submission of MIS reports for both internal customers and HO.
• Participate in the preparation of strategic plans and budgets and ensure timely submission of data as per the Budget time table.
• Coordinate internal and external audits; respond to routine queries on business transactions and provide appropriate explanation and justification.
• Examine and analyze audit reports and submit observation to the Manager for review.
• Resolve or rectify discrepancies highlighted by external and internal Auditors, CBK etc.
• Ensure internal customer queries and requests are answered promptly and accurately.
• Monitor the Daily Balance Sheet and report significant movements for necessary actions.
• Monitor the entire reconciliation process including but not limited to Nostro Reconciliations, Suspense A/c, Clearing a/c etc.
• Monitor internal control activities such as Cash Counts, Department Proofing, Voucher Verification and ensure full compliance to policies and procedures.
• Monitor the actual performance against the budget and highlight the reason for variances and recommend desired corrective action.
• Serve as a point of contact for the flow of information from HO and BBK-Kuwait and vice versa.
• Control and monitor fixed assets recording and deprecation.
• Oversee the preparation and submission of LCT & FCTR reports to CBK on a daily basis
• Coordinate with IT in the automation of MIS reports.
CBK Reporting (Mainframe & TBS)
• Oversee the preparation and timely submission of Mainframe reports & TBS reports to CBK on a Monthly\Quarterly\Yearly basis.
• Update the TBS Reports as per the TBS specification document as and when changes are communicated by CBK.
• Work on the automation of sub reports/schedules of Mainframe reports & TBS Reports and thereby reduce the process cycle time.
People Management: • Assign duties and examine work for accuracy, neatness, and compliance to policies and procedures.
• Assign goals and objectives to staff and monitor achievement of team objectives.
• Provide on the job training and coaching to staff and provide information and necessary material to staff to carry out the jobs.
• Provide training on new processes as and when necessary.
• Conduct performance appraisal and identify training and development needs.
• Make requisite attempts to handle all grievances raised by subordinates in a prompt and effective manner
• Prepare annual leave plan for employees and overtime requests for management approval
Company: Kuwait & Middle East Financial Investment Co (KMEFIC), Kuwait
Position Held: Junior Risk Officer
Dates: November 2006 till January 2007
Duties:
• Monitor the Customer Loans Balances Vs Securities Market Value and report it to the department head in case of shortfall in coverage ratio.
• Co-ordinate and obtain Balance Confirmations from customers.
Company: Bank of Bahrain and Kuwait, Kuwait
Position Held: Assistant Manager
Department: Financial & Internal Control
Reporting to: Head, Financial & Internal Control
Number of subordinates: 5
Dates: February 2007 till date
Duties:
Financial Control, Internal Control and Planning:
• Oversee the preparation and validation of all monthly, quarterly and year end financial reports.
• Ensure all financial reports and financial statements are prepared and submitted in an accurate and timely manner with full compliance to policies and procedures and the IFRS.
• Plan and oversee month end closing activities such as monthly expensing of prepaid expenses, accrual entries etc.
• Oversee the preparation and submission of MIS reports for both internal customers and HO.
• Participate in the preparation of strategic plans and budgets and ensure timely submission of data as per the Budget time table.
• Coordinate internal and external audits; respond to routine queries on business transactions and provide appropriate explanation and justification.
• Examine and analyze audit reports and submit observation to the Manager for review.
• Resolve or rectify discrepancies highlighted by external and internal Auditors, CBK etc.
• Ensure internal customer queries and requests are answered promptly and accurately.
• Monitor the Daily Balance Sheet and report significant movements for necessary actions.
• Monitor the entire reconciliation process including but not limited to Nostro Reconciliations, Suspense A/c, Clearing a/c etc.
• Monitor internal control activities such as Cash Counts, Department Proofing, Voucher Verification and ensure full compliance to policies and procedures.
• Monitor the actual performance against the budget and highlight the reason for variances and recommend desired corrective action.
• Serve as a point of contact for the flow of information from HO and BBK-Kuwait and vice versa.
• Control and monitor fixed assets recording and deprecation.
• Oversee the preparation and submission of LCT & FCTR reports to CBK on a daily basis
• Coordinate with IT in the automation of MIS reports.
CBK Reporting (Mainframe & TBS)
• Oversee the preparation and timely submission of Mainframe reports & TBS reports to CBK on a Monthly\Quarterly\Yearly basis.
• Update the TBS Reports as per the TBS specification document as and when changes are communicated by CBK.
• Work on the automation of sub reports/schedules of Mainframe reports & TBS Reports and thereby reduce the process cycle time.
People Management: • Assign duties and examine work for accuracy, neatness, and compliance to policies and procedures.
• Assign goals and objectives to staff and monitor achievement of team objectives.
• Provide on the job training and coaching to staff and provide information and necessary material to staff to carry out the jobs.
• Provide training on new processes as and when necessary.
• Conduct performance appraisal and identify training and development needs.
• Make requisite attempts to handle all grievances raised by subordinates in a prompt and effective manner
• Prepare annual leave plan for employees and overtime requests for management approval
Company: Kuwait & Middle East Financial Investment Co (KMEFIC), Kuwait
Position Held: Junior Risk Officer
Dates: November 2006 till January 2007
Duties:
• Monitor the Customer Loans Balances Vs Securities Market Value and report it to the department head in case of shortfall in coverage ratio.
• Co-ordinate and obtain Balance Confirmations from customers.
Company: Al - Sayer Group, Kuwait
Position Held: Accountant
Dates: August 2006 till October 2006
Duties:
• Assist the Finance Manager in the preparation of the Group budget.
• Comparison of actual performance with budget, forecast; analysis and interpretation of variances.
• Representative for ISO 9001:2000 for the Finance Department.
MBA (Finance): Master of Business Administration from St. Aloysius Institute of Business Administration.
B.Com: Bachelor of Commerce from St. Mary's College, Mangalore University