FINANCIAL CONSULTANT
ACORN SOLUTIONS INC.
Total years of experience :20 years, 5 Months
• Member of a consulting team, specialized in Time driven activity based costing technique
• Provide cost improvement solutions to firms based on the historical data with the help of activity based costing
• Support the firms to ensure smooth transition in implementation of the software
• Data Analytics assistance to provide key insights into the operations of the firm
• Remote working with multi-cultural team spanning across 6 time zones
• Dealing with large data sets and pivot tables
Led a team of 8 direct reports with responsibilities in financial reporting, planning, forecasting, accounts payable, payroll, fixed assets, and general ledger.
Liaised with lending institutions for sanction of Term loan and Working capital requirements.
Introduced new accounting and payroll systems that improved tax reporting.
Saved USD 700, 000 to the company through competitive quotes from various suppliers during the project construction
Successfully completed project construction on time without any cost or time over run.
STATE BANK OF INDIA - Hyderabad, Andhra Pradesh, India (2004-2010)
CREDIT ANALYST & Asset Maintenance Officer (2008-2010) Handled a portfolio of 25 Mid Corporate Group accounts covering total fund and non-fund based exposure of USD 38 million.
Monitored the drawing power based on the Monthly statement of operational data and stock statements, statement of debtors.
Conducted consortium meetings, where SBI is the leader of consortium.
Ensured compliance of Inspection & audit and Credit audit remarks.
Drafted Title investigation report, Valuation reports, Search report from ROC, Upto date Encumbrance certificate.
Submitted Monthly monitoring report, Irregularity reports for effective follow-up by Relationship
Managers.
Prepared structured review report for submission to Processing centre.
Highlights as Deputy Manager & AMO:
Ensured timely collection of fee-based income of over USD 1 million for two years consecutively
(2008-2010).
Introduced the Turnaround time (TAT) concept in Documentation process and received accolades for
the same.
Certified Insurance facilitator for SBI Life, won rewards for cross-selling SBI Life and SBI Mutual
funds products.
ASSISTANT MANAGER & CREDIT OFFICER (2006-2008) -Suryapet, Andhra Pradesh, India
Prepared Credit Appraisals for necessary sanction at Head office, recommending sanction of SME
proposals as per the extant instructions.
Handled NPA management at the branch. Prepared and submitted Credit Information Systems (CIS)
on monthly basis, a MIS tool for top management.
Liaised with Insurance authorities, Government Authorities and other agencies for back office
operations.
Highlights:
Developed new business of USD 7 million within a span of two years apart from maintaining the
existing business, awarded twice for achieving budgeted goals consecutively for 2 years Mar 2007 &
Mar 2008, State Bank of India
Received Certificate of Appreciation and Cash Reward for achieving targets under Deposit
mobilization “Triple D campaign”,
State Bank of India.
ASSISTANT MANAGER & RELATIONSHIP MANAGER (2004-2006) - Andhra Pradesh, India
Liaison Officer attended to queries to Correspondent banks in Middle East namely UAE, Kuwait and
Bahrain. Managed Inter office accounts reconciliation.
In-charge of the Clearing house and CMS (Cash Management System) operations.
Handled Forex transactions at the branch relating to Purchase / Sale of Foreign currency, foreign
travel cards, Cheques/D.Ds of foreign banks, Communicating SWIFT messages and maintenance of
NRI business at the branch.
Received Letter of Appreciation from Chief General Manager of Hyderabad Circle for achieving targets
in Inter Office Reconciliation
Involved in day to day operations of the branch.
Marketing and Opening the salary accounts of employees of Vizag steel plant and other Government companies.
Maintained two ATMs attached to the branch.
Responsible for recovery of dues by Personal visits and telephonic reminders from defaulters.
A Global MBA program aimed at imparting learning through Experience, Action project and Executive Speaker Series. World's # 1 ranked institution for diversity and global exposure. - Dean scholarship and Global Ambassador for Hult. - Volunteer for Hult prize regional finals. - Worked with Aramex for Action Project
1. CAIIB from Indian Institute of Banking and Finance (2006). 2. Certificate in KYC and AML from IIBF (2008). 3. Recipient of National Merit Scholarship for National level best score in intermediate, studied at NLVRGSRV junior college, Nimmakuru, Krishna (Dist), AP (1997).
