System Financial

V i re n d r a ( V ic ) P a r i k h **

H o me: 7-32-583-**** / Cell: 732-***-****

R acine Lane

M atawan N J 07747

V ********@*****.***

Finance/administration professional with experience in control of financial database including

chart of accounts, fiscal closing cycle and reporting hierarchies. Participate in project planning,

financial systems implications of merger/acquisition initiatives, financial system implementations

and development; develop internal compliance and control, business process improvement, and

provide training.

PROFESSIONAL EXPERIENCE

AIG INC. New York 2006 – Oct 2009

Director Financial Systems, Corporate Comptrollers

Managed development of global master chart of accounts for the implementation of a corporate

SAP general ledger and reporting application. Developed master data file for chart of accounts for

cost centers, profit centers, products, distribution channels, affiliated trading partners activities,

project planning etc. Coordinate with business units to develop use of code block dimensions to

minimize discrete accounts for reporting and analysis. Supervise user acceptance test (UAT) for

implementation of financial system and document the process as well as create user training

material. Managed professional staff of eight and attended SAP as well as other management

training seminars. Develop standard operating procedures for various quarterly and annual

government filing reports.

Prudential Financial 1978 – 2006

Finance Process Management

Upon completion of conversion Prudential Securities’ financial data into Wachovia Securities LLC,

financial platform joined Prudential Equity Group of Prudential Financial to manage processing of

GEAC/MSA general ledger system. Worked with Financial Information System (FIS) project team

to convert financial data on to Oracle general ledger and participated in user acceptance test.

Finalized the establishment of structures for legal entities, chart of accounts, profit centers, cost

centers for management reporting and consolidation for domestic and international operations.

Attended training for oracle financial applications including general ledger processing,

consolidation, and reporting hierarchies.

Prudential Securities Inc. / Wachovia Securities LLC (Merged with Wells Fargo in 2008)

Manager, Financial Systems

Managed processing and control of the GEAC/MSA financial application system for finance

division including chart of accounts, reporting hierarchies, and controlled security for user access

for over 130 legal entities. Coordinated merger and acquisition related business issues affecting

financial systems implementation for smooth transition for general ledger system. Managed

development and implementation of online journal entry input system and user financial reporting

requirements. Maintained general ledger database in compliance of Sarbanes-Oxley and

supervised staff of seven professionals.

Specific achievements included:

• Coordinated with the information system group to develop and implement a fully secured

interactive online general ledger input (GLIN) transaction application and management

reporting system.

• Supervised development of an online budget/reforecast module. Supported the processing

of multiple currencies

• Created the interface of the general ledger security system to the Human Resources

system. Provided an automated mechanism for eliminating user access upon termination

or inter-unit departmental transfers. Improved controls via security structures in granting

access by company, profit center, and at reporting line level.

• Coordinated development of an online general ledger maintenance system for

establishment and update of legal entities, chart of accounts, and reporting hierarchies.

• Worked on the establishment of the general ledger control system (GLCS) to provide

managers with quarterly account activities and balances for sign-off.

• Coordinated with the international finance units for the processing of our multi-currency

sub ledger (Smart Stream general ledger system) data into corporate system.

• Reduced firm overhead costs by increasing automation. Fostered business users’ ability to

generate analytical reports from the Financial Data Warehouse while maintaining security

control at the corporate level.

• Continuously provided training to users at various levels for general ledger, reporting and

data warehouse (SQL) systems.

Merrill Lynch Company, New York 1973 - 1978

Senior Accountant

Responsible for preparation and supervision of monthly, quarterly and annual consolidated

financial reports of over two hundred legal entities. Prepared and analyzed internal/external

analytical reports for the senior management. Supported automation process for financial

consolidation and maintaining reporting hierarchies. Reviewed and analyzed variance reports

effecting balance sheet, income and expense categories.

Education:

MBA - Accounting - Long Island University, NY

M.Com (Cost Accounting) and LLB (Law) - University of Bombay, India

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