Venkatesh Acharya, Assistant Manager Business Analyst

Venkatesh Acharya

Assistant Manager Business Analyst

BNP Paribas

Location
India - Mumbai
Education
Master's degree, Cost and Management Accounting
Experience
10 years, 5 Months

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Work Experience

Total years of experience :10 years, 5 Months

Assistant Manager Business Analyst at BNP Paribas
  • India - Mumbai
  • My current job since December 2018

Business Analyst for Chart of Accounts and Operational Accounting Schema  Three broad work streams of the project; chart of accounts exception remediation, accounting schema library & preparing memo documents for new business & trade activities  Gathering information from multiple sources & critically evaluating it, reconciling conflicts, disseminating high-level information into details and distinguishing user requests from their true needs, with regards to account set up and drafting/maintenance of accounting schemas  Establishing the technical vision & analyzing tradeoffs between usability & performance needs by teaming up with developers & subject matter experts  Scope of work is broadly into the aspect of “Change the bank” and “Run the bank”  Provide solutions and/or consult business on the associated requirement  Documenting the entire work flow & the actions taken along with necessary signoff

Senior Finance Analyst at Deutsche CIB Centre
  • India - Mumbai
  • November 2017 to December 2018

Product Controller for European Credit Trading Flow business; covering Bonds, Repos & CDS  Validation of daily & new transaction P&L of desks within predetermined SLAs - book running as well as supervisory  Interacting with Traders, middle office and business managers for timely sign-off, escalation and/or remediation of issues in the P&L figures  Attribution of P&L basis the P&L Greeks, having little/no unexplained P&L being published to Traders  Allocation of various agency fees to books/desks  Providing commentaries to Market Risk/Valuations teams, when queried on unusual P&L/spread movements  Identifying market news/trends driving daily P&L for the desk/business  Remediation of Cash breaks, if any Projects : Involved in Ideation, testing & execution of global projects like  Frankfurt Legal Entity Migration as a result of Brexit - wherein books/position are being transferred from London
to a new legal entity based out of Frankfurt
 P&L valuation and reporting platform migration for Swap and Swaption products from legacy system to a
strategic platform called dBPalace

Financial Analyst at J P Morgan Services India Pvt Ltd
  • India - Mumbai
  • February 2015 to November 2017

Products covered : Fixed Income (SME) & Futures and Options
 Intra-month and month end reconciliations ensuring company general ledger balances are in agreement with
product system balances (Sub-Ledger). Research, escalation & clearances of differences in timely manner
 Executing and/or reviewing daily/monthly reconciliations
 Certification of balances in General Ledger on monthly basis, with regards to its validity & genuineness
 Allocation/apportionment of cost of funding, EuroClear bond borrowing & lending fees, Collateral Usage Fees
from a general purpose Cost Center to valid Business Cost Centers
 Prevention & Clearances of Inter-Entity discrepancies with regards to Balance Sheet & Revenue
 SOX facilitator & other Audit related activities
 Led a team of two in Fixed Income accounting process
Projects : I have been involved in Ideation, testing & executing both self-initiated & global projects like
 Amending accounting schema for withholding tax settlements for Fixed Income in Singapore Entity which had
an inherent systemic limitation since the inception
 Corrected the set-up for Nostros settlement for OECD & Non-OECD currencies in the product system for Fixed
Income, resulting in appropriate reporting & disclosure
 Played a pivotal role in enhancing the data integrity controls in balances against various counterparties in
General Ledger in Asia region
 Designing & building COFe (cost of funding engine) process, this was eventually handed over to the business FC,
since the process was being done by the team without much clarity in scope & ownership
 Rationalized the coupon settlements in Asia region bringing it in line with EMEA region, benefitting various
teams
 Involved in GLS Merit/Oracle to SAP migration project from Accounts mapping, conversion reference data,
Business Unit/Cost center setup & override related deliberations

Junior Financial Analyst at CMC Limited
  • India - Mumbai
  • December 2013 to February 2015

Bloomberg Equities
 Analyzing & extracting financial data (Earnings Estimate) from annual, semi-annual, quarterly broker reports of
a particular company or industry as the case maybe.
 Publishing the same on Bloomberg Terminal with accuracy.
 Quality, Completeness & Promptness being the key essentials of the job.
 Area of Coverage/Specialization: Financial Earnings, Oil & Gas & Financial Services Metrics.

Education

Master's degree, Cost and Management Accounting
  • at Institute of Cost Accountants of India
  • June 2017

All India Rank - 24

Master's degree, Accountancy
  • at University of Mumbai
  • August 2015

Masters of Commerce in Accountancy

Specialties & Skills

Reconciliation
Accountancy
Credit Derivatives
Fixed Income Products
Financial Analysis
Financial Analysis
Fixed Income Business
Reconciliation
Credit Derivatives

Languages

English
Expert
Hindi
Expert
Marathi
Expert
Tamil
Native Speaker

Memberships

Institute of Cost Accountants of India
  • Associate CMA
  • October 2017