Head Operations and Product Management
Reliance Securities Limited
Total years of experience :25 years, 1 Months
Qualified Chartered and Cost Accountant with over 15 years of experience. Currently heading operations, both in house and outsourced activities and product management. Also responsible for web portal and payment integration.
Part of IT initiatives team for implementation of mobility.
Profile encompasses day to day operations from client on boarding, online trading experience, revenue sharing with partners to regulatory compliance and audit.
Implemented systems from ground up due set up stage.
Migration of systems to a new backoffice, trading portal and a new CRM in line with business objectives
First in India to bring in flat free structure for online debit card transactions, an outcome of succesful pitch to VISA.
Implemented IVR and mobile app based online money transaction for financial services with in built validation in line with SEBI regulations.
Conceptualised use of psychometric validation of KYC information which will now become a reality as this is being pushed under the AADHAR initiative.
Company Felicitations :
-Felicitated with Employee Innovation Award for the year 2010-11 & 2011-12,
-Awarded for Max project implementation for 2 consecutive years, 2011-12 & 12-13
May 04 - Aug 05 K R Choksey Shares and Securities: Head Accounts
⇨Administered the complete Accounting Operations upto finalization of accounts
Handled sub-broker payments and commission payout for all business verticals
Fronted the introduction and implementation CMS, a new concept in 2004.
Automated accounting through uploads to backoffice and optimised manpower utilisation and brought in cost savings
Finalised submission for PMS license in 2004
Facilitated commodity tradingempanelment with MCX and NCDEX in 2005.
Dec 02 - Apr 04 Magna Graphics Limited as Head Finance
Primarily into publication of film magazines and printing.
⇨ Spearheaded the implementation process and systems for tracking of job orders starting from the bid to collection, which resulted in timely execution of orders and better tracking.
⇨ Led the implementation of costing systems to speed up the process, and reduce the reworking of final quotes.
⇨ Managed credit collection and evaluation of customers for credit.
⇨ Directed the migration of accounting package & ISO implementation
Apr 99 - Dec 02 CESC Limited as Finance Executive
⇨ Managed the complete collection activities for South Calcutta covering 25 offices and 2 zonal offices and handled daily collection amount to INR 4 crores approx.
⇨ Handled the cheque encoding to reduce TAT in clearing, an activity normally handled by banks themselves
⇨ Completed the pending accounts & audit of 2 gratuity funds, pending for 7 years.
⇨ Brought down the TAT for pension payment from 20 days to 1 day for retired employees averaging 1600 employees pa; this was treated as a positive sign wrt labour relations.
ICWAI is focused on providing training in Cost Accountancy Management Accounting along with exposure to Operation Management.
Chartered Accountancy is the premeire qualification in Accountancy and related fields like corporate law, taxation and costing. It is recognised worldwide, some contries may need additional tests to be at par with local laws.
Graduated from Bhawinipur Education Society College, ranked 3 then in Calcutta for Commerce under Calcutta Univeristy. Major subjets were Econnomics, Accountancy, Law & Business Management.