Senior Operation Analyst
BLOMINVEST Saudi Arabia
Total years of experience :17 years, 5 Months
Reporting to the CFO, my responsibilities include:
• Prepare Quarterly and Monthly Financial reports.
• Cash Management: Reconciliation of various client stock & Cash recon portfolios. Perform reconciliation between investment accounting and asset servicing system and the various custodians and to ensure the timeous resolution of recon differences. Process of all cash related transactions on the Investment system. Capture/up load third party payments on banking systems.
• Daily/ Weekly/Monthly reconciliation of Stock & Cash portfolios.
• Budgeting & Planning: Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses and capital expenditures. Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance. Manage the continued development of Budgeting, Financial Forecasting, Operating Plan and Modeling tools. Develop detailed spreadsheets to identify trends and develop forecasts. Consolidate and analyze monthly results and budgets. Develop financial models and analyses to support strategic initiatives
• Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
• Supporting Senior Management Team and Departments heads with in-depth analysis.
• Make sure all activities are in line with the internal and regulatory (CMA & SAMA) rules and guidelines.
• Supervise all activities related to Back Office Operations related to 3 Public Mutual Funds & 12 Public Real Estate Funds.
• Manage operations staff including coaching, directing, and performance appraisals.
• Update Clients' accounts and portfolios including proper registration of Clients Holdings and maintenance of Clients information.
• Establish new relationships with brokers and custodians and maintains existing ones.
• Cash & Accounts Management including Funds & Stocks transfers, payments (withdrawals and deposits), and cash transfers.
• Handle new projects related to Back Office ensuring that all processes and reconciliations are done correctly and on a timely manner.
• Corporate Actions distributions and following up.
• End of Day processes, reconciliation, netting and paying/receiving net trading amounts and commissions to the respective A/C's.
• Perform Foreign Exchange transactions.
• Manage the processes of purchases, redemptions, subscriptions and reconciliation related to Asset Management activities.
• Client Reporting, Management Reporting, CMA & Regulatory Bodies Reporting, Compliance Reporting (Error Incidents)
• Actively participated in Internal & External Audit.
• Performing Fund & Discretionary Portfolio Accounting - 2 ETF’s, 7 Fund’s & 11 DPM’s
• Fund reporting internal & external (CMA & TADAWUL)
• Preparing Financial Statements of 7 FALCOM Fund.
• Performing Portfolio, Cash, and Market Value & International Brokerage Reconciliation.
• Preparing Daily NAV’s and process all fund transactions.
• Experienced in SS&C PORTIA - Currency structure & cash balances, Portfolio Setup, Broker Setup, Custodian Setup, Client Setup, Security Setup, Static & Dynamic List, Security Setup, Corporate Actions, Transactions - Cash & Automatic, System Configuration Settings.
• Ensuring daily prices and custodial files are implemented on a timely and accurate basis. (Tadawul-IFSAH).
• Actively participated in Internal & External Audit.
• Converse and liaise with internal service departments to resolve miscellaneous fund issues.
• Assisting Client Service Managers, Relationship Managers, and Product Specialists.
• Resolving local & international trade settlement issues in a timely manner.
• Gained understanding of IPO and secondary offering process by assisting in updating and gathering data for pricing models.
• Extensively used TRADENET, PORTIA, ORACLE advanced Excel & Visual Basic for Application (VBA) (MACROS).
Selected Accomplishments
• Prepared Financial Statement of FALCOM funds and collaborated with external auditors in successfully closing the funds, since last 4 years.
• Assisted in successful integration of PORTIA with FACTSET.
Reporting to the CFO, my responsibilities include:
• Designing the Monthly Management Accounts by business unit (Brokerage, Asset management and Investment Banking) and linking it to the Trial Balance generated from Oracle.
• Bank reconciliation of all accounts
• Designing the Fixed Asset Register on excel and calculating depreciation.
• Transaction due diligence of the Real Estate Fund subscription account.
• Identify control procedures used to ensure each key risk and transaction type is properly controlled and monitored.
• Assist to implement the annual audit plan, as approved, including as appropriate any special tasks or projects requested by Chief Internal Auditor.
• Examine and evaluate the firms' financial and information systems, and internal controls to ensure that records are accurate and controls are adequate to protect against fraud and waste.
• Reconciliation of major debtors and creditor accounts.
• Designed a tracking sheet for Investment Banking Revenues.
• Murabaha financing tracking and revenue accrual calculations for Brokerage Division.
• Working on the budgeting model for 2011.
• Project Expenditure reporting and monitoring for 2010.
• Cost analysis and cost comparisons of subscription, business travelling, staff salaries and benefits, marketing & media and business related costs.
Housing Development Finance Corporation Ltd (HDFC BANK)
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. Bank's distribution network was at 1, 725 branches and 4, 232 ATMs in 779 cities as against 1, 412 branches and 3, 295 ATMs in 528 cities and total customer base touched 19 million as of March 31, 2009.
Mumbai, India, Sept 2007 - Dec 2009
Assistant manager
• Perform thorough fundamental analysis of a company's business and financial position; including cash flow analysis, balance sheet and income statement evaluations.
• Analyze industry trends and company financials.
• Excellent excel spreadsheet skills with experience of complex financial models.
Hanmer MS&L
Hanmer MS&L (former Hanmer & Partners) was founded in 1999, and over a period of years has established its reputation as one of the top multi-disciplinary communications firms in India, which has serviced and developed many prestigious clients. India's largest independent multi-disciplinary communications company offering 360 degree communications solutions to a prestigious clientele comprising over 150 top Indian conglomerates and MNCs. 'Hanmer MS&L' - a part of PUBLICIS GROUPE, which happens to be the third largest PR firm in the world.
Mumbai, India, June 2005 - May 2006
Management trainee
• Developing in-depth expertise in client's business and markets.
• Developing workable budgets, work plans and realistic timetables.
• Staying alert for opportunities to grow client business and billings.
• Keeping Account Director informed of/involved with client activities and opportunities.
• Collaborating with Account Director on preparation of marketing recommendations, strategies and actions for the client.
• Submitting ideas and cost estimates to client (s) for approval.
• Monitoring all budget, research and production activity on assigned accounts and communicates status of each project to appropriate agency and client personnel.
• Maintaining communications with appropriate agency and client personnel to ensure positive workflow.
• Maintaining effective communications in all areas of work i.e. Internal and External.
• Develop/Maintain relationships within the organization through Newsletters and Notices.
• Drafting of Press Releases, Press Notes, Pitch Notes, Media Invites.
• Working on presentations, Weekly review reports, Dossiers, Monthly analysis.
• Brand building/Reputation management.
• Client Servicing for Multi Commodity Exchange of India (MCX), Religare Enterprise Ltd, Bharti-AXA Investment Managers, Religare AEGON Mutual Fund, AEGON Religare Life Insurance, AXIS Private Equity, IL&FS, Union Bank of India.
• Maintaining Good Media Relations
• Handling Media during Crisis.
• Handling Events, Exhibitions, and Advertisements.
• Strengthening existing communication channels and develops new channels for greater effectiveness.
• Digital PR.
Master of Business administration in Financial Management (2006-2008) GOA UNIVERSITY, India
Bachelor of Engineering - Electronics & Telecommunication (2001-2005) GOA UNIVERSITY, India