Service Delivery Manager
Cognizant Technology Solutions
Total years of experience :21 years, 0 Months
Company Silhouette: CTS is an IT giant with over 50 delivery centers worldwide. CTS is a member of the NASDAQ-100, the S&P 500 and the Forbes Global 2000.
CTS have strategic partnership with UBS Investment bank for providing services to their Wealth Management & Investment Banking division.
UBS is one of the world’s leading investment banking and securities businesses, providing a full spectrum of services to institutional and corporate clients, governments and financial intermediaries globally.
Working as Global Fair Value Hierarchy Controller in Pune, CTS office for UBS.
Key Deliverables:
•Manage the Fair Value Hierarchy categorization process as per IFRS, ensure compliance with valuation control and other fair value hierarchy governance policies.
•Instrumental in Prudential Valuation reporting to PRA Authority, liaising with controllers to complete the Form 82, 105B, E201 & E202 required submitting regulators as quarterly disclosure requirement.
•Continuously engage stake holders on Basel II/ III requirements gathering especially on credit, market, liquidity risk and stress testing.
•Preparation of valuation packs comprising results of month-end price testing, reserve movements, valuation issues including related commentary in a global valuation report for each Business Area & also report to CFO’s & management desk
•Liaising with valuation controller for IPV, Reserves & FVH submissions & prepare various business reports as per management & legal Requirement.
•Verifying the valuation of bonds and UBS collaterals by performing “Independent Price Verification” of the trader’s positions against independently obtained external market levels (extracted from sources like Bloomberg, Reuters etc.)
•Involved in process reengineering and implementing several controls to enhance efficiency and effectiveness of the deliverables.
Company Silhouette: Viteos is a hedge fund administrator and operational outsourcing service provider offering tailored solutions to hedge funds and institutional investors around the world.
Key Deliverables:
•Manage 6 people team responsible for providing shadow accounting and Fund administration services to different funds.
•Calculation of NAV, P & L and Balance Sheet on a daily, monthly and on a periodic basis.
•Instrumental in new client on-boarding, Product Implementation, Fund Accounting and Administration.
•Responsible for managing all daily reconciliation activities related to trade, Cash, Positions, Accruals and other expenses.
•Instrumental in accounting treatment of various instruments such as equity, derivatives, fixed income instruments, treasury instruments, debt, FX, etc.
•Experience in generation financial accounting reports, handling audit, preparation of financial statement as per US GAAP & IFRS. Interacting with regulatory authorities, responding to questions, filing reports.
•Conduct training of new hires with regard to the process & products.
•Active member of Interview Panel.
Accomplishments:
•Won New Face of year for 2013 within 3 months of joining.
•Successful conversion of first London Based Hedge Fund Client on Viteos Platform
Key Deliverables:
•Performed detailed analysis of Accounts, general ledger reconciliations, MIS report, CMA report and numerous analyses including P&L variance, inter-company accounts, and aging.
•Instrumental in ratio analysis and analysis of common size financial statement.
•Assignments undertaken to refined operational controls in the management reporting process.
•Conducted Tax Audits of various firms, private limited companies and proprietary firms required under Income Tax Act.
•Preparation of computation & filing Income Tax returns for firms & individuals.
•Liaisoning with the department of sales tax & income tax for assessment work of clients.
Company Silhouette: Morgan Stanley is a global financial services firm and market leader in securities, investment management and credit services. We work with the top hedge funds.
Key Deliverables:
•Responsible for providing Hedge Fund clients with end-to-end accounting services on a daily basis.
•Headed a project for implementation of G/L Reconciliation along with managing a team of 5 Executives specialized in Hedge Fund Accounting.
•Liable for review and analysis of Daily PnL of Hedge fund clients and send the detailed variance analysis report to respective client.
•Instrumental in preparing reconciliations for cash, derivative positions and all types of structured products like CDs, MBS, IRS ensuring individual valuations and investor transparency.
•Liable for finalizing month-end Net Asset Value (NAV) of portfolio, bond, CDS interest validations adjusting accounts.
•Accountable for delivering solutions like Roll forward Reconciliation, G/L Reconciliation, NAV Variations and Balance Sheet Analysis as per clients’ specifications.
•Instrumental in training new hires with regard to the process ensuring early completion of priority tasks.
•Responsible for managing all activities related to critical reconciliation processes, P&L Allocation on PTPLUS and NTAS and daily & monthly team performance.
•Accountable for analyzing daily & monthly securities pricing, monitoring and controlling daily operations of the cash market.
•Responsible for achieving daily SLAs adherence to process time frames and quality standards.
Key Deliverables:
•Handled all activities related to Statutory and Tax Audits of various Companies, Firms & Banks
•Ensured all financial statements are in conformity with professional accounting standards
•Prepared annual reports of companies and filing various forms/returns with ROC
•Handled financial activities like C C Limit, Term loan cases and prepared ETDS returns
ARTICLES
Undertook assignments like conducting statutory / internal / cost audits and special assignments giving thorough exposure to accounting including finalization of accounts
Management Accountant
Chartered Accountancy