Assistant Vice President
HSBC
Total years of experience :16 years, 7 Months
Team Management & Reporting
• Identification of opportunity for Process Improvement/ Re-engineering
• Standardization towards ensuing efficient and consistent process
• Ensuring onshore/offshore team integration
• Successfully lead the team forward and manage any people related issues effectively
• Ensure proper control framework is established and managed in the team
• Ensuring SOP’s, PLA’s, BCP’s, RCA are in place and regularly reviewed
• Monthly Dashboard Reporting to client
• Customer Satisfaction & Client integration in case of escalations
Operational Responsibilities
• Conducting Business Impact Analysis on reporting requirement for quarterly changes as requested by Group Finance Team, IFRS change Impact Analysis on books and conducting UAT test before mandatory implementation.
• Analytical Analysis and review of General Ledger post closure from Accounting Team.
• Analytical review and reporting of Profit & Loss A/c and BalanceSheet on IFRS Basis
• Customer Group and supplementary review and reporting.
• Liaisons with other departments ( Settlement, Accounting, Expense Control, Payment Processing )
• Regulatory and compliance with Statutory Reporting ( Compliance with FINREP Reporting, SFC Reporting )
• Collateral Reporting on monthly basis
• Preparing commentary based on the P&L and B/sheet ( Reported on basis of IFRS Reporting …i.e IFRS 4, IFRS 3, IFRS 10, IFRS 9, IAS 12, IAS 39..etc )
• Preparation of manual returns as per the group requirement.
Roles and Responsibilities
Team Management & Reporting
• Team management of 20 members and Managing engagement profitability
• Weekly performance report to management and client
• Weekly conference call with client to discuss the dashboard reporting of work
• Weekly man hour utilization report to management
• Monthly incentive calculation for team
• Quarterly appraisal of team members
• Review escalation issues
Operational Responsibilities
General Accounting, Closing and reporting
• Assisting in compliance with clients accounting policies and Compliance with accounting standards
• Forecasting and budgeting of expenses and Income.
• Analysis of variance & trend analysis, monthly, quarterly, weekly reporting to the top management
• Accrual and prepayment entries as required
• Balance sheet and P&L Analysis
• Intercompany reconciliation after month end
• Bank control account clearance and reconciliation
• Balance sheet reconciliation and reporting to client on monthly basis
• Monthly dashboard reporting to client
• Fixed assets accounting and Capex reporting
• Monthly Balance sheet and P&L Analysis
• Passing monthly accrual and pre-payment entry
• Control accounts reconciliation
• Adjustment entries as required during the month end
• Closing of books
• Intercompany analysis and adjustment entries as required
• Intercompany reconciliation after month end
Chartered Accountant from ICAI, India
B.Com from DU