Accounting, Investment, Operations, Reconciliation

Shiju Ravindran

E-mail : *********.*****@*****.*** Whatsapp: +965-********

To work in a professional, dynamic and vibrant environment and to keep value adding to the organization, which I represent and serve, and to myself, while concurrently upgrading skills and knowledge. I would welcome an opportunity to consolidate and expand this quest for knowledge and in the process develop methods and solutions resulting in improved, efficient and effective work process.

ORGANISATIONAL EXPOSURE

Feb’10 to Dec’17 Hayat Invest Co K.S.C.C, Kuwait

July’05 to Feb’10 ICICI Bank Ltd., Mumbai Assistant Manager

June’02 to July’05 Reliance Logistics Ltd., Mumbai Accounts Executive

Nov’01 to June’02 Cymbionic Mkt. Pvt. Ltd., Mumbai Branch Co-coordinator

Feb’01 to Nov’01 Cymbionic Mkt. Pvt. Ltd., Pune Accounts Assistant

Aug’98 to Dec’00 Agrawal Steel Re-rolling Mill, Jabalpur Trainee

PROFICIENCY FORTE

Accounting and Finance

Monitor day to day financial operations of the Company.

Management Accounts as per IFRS schedule.

Analyzing annual and monthly accounts.

Timely preparation and review of financial statements - Balance Sheet, Statement of Profit and Loss, Cash Flow Statement and other financial reports etc.

Petty Cash Management.

Online Salary process and disbursement.

Ratio Analysis.

Working Capital Management.

Budget Forecasting and analysis of real verses actual variance.

Bank Reconciliation.

Monitoring Fixed Assets and depreciation provision adherence.

Managing expenditure, credit, payroll and investments.

Ageing analysis for outstanding monthly payments and receipts.

Advanced computer skills in MS Office, Accounting Software and databases.

Review of contract notes for Vendor Payment and payment processing.

Improve system and procedures.

Update management about loan repayment schedule.

Receivables Management

Supervising and monitoring receivables on a daily basis from Associate Company in Saudi Arabia.

Cash Inflow & Outflow Projection review for Associate Company in Saudi Arabia.

Commission process and payment schedule.

Supervising timely collection of receivables based on the contract notes and due dates.

Refund and disbursement of security refunds as per request.

Preparing monthly, quarterly, annual and ad-hoc forecasting reports.

Ageing Report for collections receivable for reconciliation and MIS purpose.

Bank Reconciliation with respect to deposits made and refund done from operations Accounts.

Forecasting and planning for future cash inflows.

Compliance and regulatory reporting

Regulatory reporting pertaining to Central Bank of Kuwait (CBK) and Capital Market Authority (CMA).

Verify data entered for CMA and CBK is as per Balance Sheet and Income & Revenue Statement.

Documentation and filing of Management Statements is in order.

Delivery of regulatory statements within the stipulated time lines.

Receipt of duly acknowledged reports from CMA and CBK.

FATCA Compliance.

Monitoring and conducting KYC reviews of Hayat’s Client.

Initiate the follow-up exercise with Relationship Managers for completeness and update of KYC.

Ensure Investment of securities is as per the Sharia Compliance requirements list.

Respond to issues raised by CMA and CBK.

Forex and Banking Operations

Efficient and timey inflow and outflow of FX transfer instructions.

Liaising with custodian banks for forex and remittance team for currency conversion on a regular basis.

Monitor FX flow and timely execution and follow-up for any variances if any.

Monitor local transfer, wire transfer, RTGS, NEFT and Internal bank transfer instruction.

Ensure compliance with documentation /authorization process

Co-ordinate with bank for any lag in execution of transfer instruction.

Internal and External Auditing

Complete pre-audit preparation to define overall scope of review to be undertaken.

Liaise with internal and external auditors on any inspection, queries and audit review.

Track the status of open audit observations if any.

Review progress and ensure issues identified are addressed and relevant controls enhanced.

Closure of outstanding audit issues within the stipulated time period.

Applying internal control for accounting methods with secure audit trails.

Perform sample quality control checks for KYC/AML documents.

Management Skills

Able to work in a fast paced environment.

Ability to work under pressure and meet deadlines.

Excellent written, oral and presentation skills.

Analytical approach with good eye for detail.

Strong in strategic planning.

Ability to build rapport with other colleagues, managers and vendors and maintain strong relationships.

Pro-active approach; take personal responsibility and initiative to prevent or resolve problems.

Fund Accounting

Handled entire investment accounting of HNI, FII’s, Mutual fund and PMS (Portfolio Management Services) and In-house funds.

Exposure to market instruments-Derivatives, Futures, Equity markets-primary & secondary.

Money market Instrument-Commercial Deposits, Commercial Papers, Non-convertible debentures, call deposits,

Subscription and redemption of PMS and mutual fund clients.

Review of timely and accurate preparation of Net Assets Values, yields, distributions, and other fund accounting output for subsequent review.

Brokerage Income earned on client transaction.

Recovery of Management fees, Performance fees and fund administration charges.

Deal confirmation.

Portfolio evaluation summary and fund performance.

Verification of NAV’s and uploading in AMFI.

Depository participants operations-timely execution of settlement reports, delivery receipts and payment instructions.

Review and analysis of international and domestic corporate action postings.

Monitored bank reconciliation, holdings reconciliation, fund reconciliation & trade reconciliation.

Cash flow statement-projection, analysis and reporting to Clients.

Variance analysis-Portfolio, fund, currency market, stale price etc.,

Trading and settlement operations

Placing of trade orders-external and in-house through Bloomberg terminal.

Follow up with custodians for timely trade settlement.

Fund confirmation for pay-in and payout for custody clients and MTM settlements.

Brokerage settlement for cash settlement and derivative markets.

Process and Operations Management

Periodically reviewed SOP improvement initiatives via process flow and job cards.

Preparation and analysis of Process Approval Committee (PAC) notes.

SOX Documentation.

GAP analysis.

UAT testing –sample data checking and opening balance sign off and test case preparation

Human Resource Management

Screening resumes and conducted interviews for in-house department.

Identified and imparted measurement of effectiveness by conducting training sessions for team members.

Productivity trackers review and half-yearly and yearly performance appraisal.

Providing feedback to higher management and fellow associates regarding appraisal.

Stock Controller

Forecasting supply and demand to prevent overstocking and running out-of-stock(OOS).

Conduct regular inventory audits.

Check and compare goods received with the invoice bills and Purchase order placed.

KEY DELIVERABLES

With Hayat Invest Co.

Cost Control from 15,000KD to 1,500KD.

Revenue recovery of unsettled amounts to the tune of KD 10,000.

Web portal development for Hayat Clients.

Automation and customization of trade confirmation.

Data migration from manual to fund accounting software.

With ICIC Bank Ltd, Mumbai

Successful initiation and deployment of BCP.

Liaised with various vendors for advance version of Fund Accounting Software.

Automation of Fund Accounting transaction process in Mfund Software.

Man hour savings (up to 50 %).

With Reliance Logistics Ltd, Mumbai

Deployment of excess idle fund.

Highest number of lorry receipts processing ( 3000/day).

Process flow for documents required for ISO certification.

Instrumental in implementing medical coverage for off payroll employees.

With Cymbionic Marketing Pvt. Ltd (Head Office), Mumbai

Development and maintaince of strong trusting relationship between branch and Head Office.

Timely submission of Management report.

Resolved conflict relating to work and infrastructure with the branch offices.

With Cymbionic Marketing Pvt. Ltd (Branch Office), Pune

Best employee award.

Ideation for process flow improvement.

Recommendation to Head Office as Branch Co-Ordinator.

SCHOLASTICS

PROFESSIONAL

Master in Business Administration –Banking & Finance

Association of Mutual Funds in India(AMFI)-Mutual Funds module

NSE’s certificate in Financial Markets (NCFM)-Financial Markets module

ACADEMIA

Masters of Commerce (M.Com)-Business Administration

Bachelor of Commerce (B.Com-Statistics, Income tax & Audit

Accounting Package: Ex & Tally, SAP

Fund Accounting Software: BNIS and Mfund

Conversant with Windows Operating System and MS-Office Applications (outlook, Word, Excel) and Internet Applications.

TRAININGS ATTENDED

Annual IFRS Course-KPMG, Kuwait

Anti-Money Laundering-Team Powers, Kuwait

Project Management Professional (PMP)-Team Powers, Kuwait

Security Awareness-Diyar United, Kuwait

In-house training for personal effectiveness, communication skills, effective organization skills from ICICI Bank

PERSONAL DOSSIER

Date of Birth : 05th Nov 1975

Marital Status : Married

Languages Known : English, Hindi and Malayalam

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