Senior Manager
Credit Suisse
مجموع سنوات الخبرة :15 years, 6 أشهر
Project Management:
Ambassador of Change - Member of one of the biggest change projects with firm wide impact globally (Project TOM - Target Operating Model).
Drove the process landscape & taxonomy for Finance Operations and FMAR teams within CS Group Finance.
Presently driving the process design and modeling of different departments within CFO division for process improvement to generate efficiencies and improve stakeholder management (SSO projects).
SSO Project Lead for Automation of Manual Journals firm wide posted into Ledger by various teams across Credit Suisse Group Finance.
SSO Project Lead for Eliminating / Decentralizing the ‘Non-Core Activities’, to bring about efficiencies having dollar impact to the firm.
SSO Project Co-Lead for Centralization / Standardization of ‘Analytical Review’ process within Group Finance globally.
Accounting:
Preparing and reporting monthly and quarterly financials as per Swiss & US GAAP for Zurich entities.
Participation / Investment accounting, consolidation.
Regulatory Reporting:
SOX compliance & substantiation for Zurich regulated entities.
Controlling:
Analytical Review of balance sheet and P&L monthly and quarterly moves (in compliance with all the applicable GAAPs)
Balance Sheet substantiation (CH / US GAAP).
Ad-hoc management reporting like book / desk / product wise analysis.
Reporting Function:
Preparing and reporting monthly and quarterly financials. Including notes to financial reports (e.g. FAS 140, FAS 161, FAS 157). Presenting the same to clients & users of the financial reports.
Accounting Function:
Internal accounting control over investment funds, including Accounting Schema review.
Posting manual entries & other accounting adjustments to comply with relevant GAAPs.
Trading Ledger to General Ledger reconciliations & various accounting sub-system to trading ledger reconciliations.
Treasury Function:
Managing treasury functions such as control of investment funds, cash balances and efficient management of funds.
Verification & Control of investments funds (trade set up of FX Swap, Swaptions, Bonds & other Exotic Products).
Analytics Function:
Analytical Review of balance sheet and P&L; NAV movement analysis of investment funds.
Benchmark Curve & FX analysis, comparing the same with Investment NAV movement.
Preparing various MIS reports dealing with investments & asset allocation.
Using Bloomberg to add analytics to various reports.
Communication & Interaction:
Interacting with the senior management in Washington and end to end ownership of business issues under hand and its resolution.
Monthly signing off financials & investments’ number.
Profile Synopsis:
Legal entity control department is a key area for management and regulatory reporting. My team was handling 14 entities with the business of private equity, principal investment, properties and commodity trading & broker-dealer. All entities follow UK GAAP for accounting and statutory audits and US GAAP for regulatory reporting. Worked with a new & more challenging profile of Financial Controlling of regulated Indian street facing entities. This includes controlling of Indian NBFC, Primary Dealer, Broker Dealer & Infrastructure entities.
Responsibilities:
Accounting:
Preparing and reporting monthly and quarterly financials as per UK & US GAAP for EMEA entities; as per I-GAAP for Indian regulated entities.
Derivative accounting and reporting (FAS - 157 level & hierarchy analysis)
Investment accounting, provisions and impairment (including FAS 157 fair value disclosures), Variable Interest Entity - VIE movement analysis as per FAS 166/167
Fixed assets and depreciation schedules
Regulatory Reporting:
Publishing Capital Adequacy Ratio / Concentration Ratios (Investments to Net Owned Funds) for Indian regulated entities.
Basel II Reporting for EMEA regulated entities.
SOX compliance & substantiation for EMEA regulated entities.
RBI reporting & filing for Indian regulated entities, such as ALM I, II & III. PD (Primary Dealer) reporting.
Sign off from statutory auditors on financial statements under UK GAAP (Annual statutory accounts & sign offs of BS & PL) for EMEA entities & under I-GAAP for Indian entities.
Controlling:
Analytical Review of balance sheet and P&L monthly and quarterly moves (in compliance with all the applicable GAAPs)
Balance Sheet substantiation (both at local as well as global account level).
Ad-hoc management reporting like book / desk / product wise analysis.
Achievements:
Promoted to Senior Analyst level from Analyst in period of one & half year.
Moved to more challenging profile of controlling Indian regulated, market facing entities.
Worked in Financial Controlling - LEC (Legal Entity Control) dept.
Financial Reporting & Analytical review of Balance Sheet & P&L
Became a member of system testing team relating to bringing about a change in financial transparency at Global level.
Completed Chartered Accountancy in first attempt with flying colors. Helped me to get onboarded at one of the best European Banks, namely Deutsche Bank with elite profile of Finance Controlling.
Completed Commerce Graduation form Mumbai University with 77.86% (Management Accounting - 95%). Had been a competitive Finance student with ever lasting learning approach.
Completed Higher Secondary education with 70.83% (Accountancy - 86%). Secured 2nd Rank in college.