Front Office Accounting

CURRICULUM VITAE

PERSONAL PROFILE

Name : Taher Ahmed Ghori

Date of birth: 19th July, 1979

Nationality: Indian

Language proficiency: English, Hindi

Passport no.: J 7172979

Contact Details +91-998******* / *****.*****@*****.***

PERSONAL SNAPSHOT

A committed and highly focused Team leader (Global Reconciliation Services), with comprehensive experience in the Accounting & Financial Operations, Wealth management & Asset Management. Presently associated with INVESCO Asset Management as Team Leader - GRS. Proven expertise in handling and managing complete life cycle of the trade, from trade date through to final settlement and will include the ultimate reconciliations, confirmation of the resultant securities and cash. Hands-on-experience in Financial Reporting, Market value billing, Accounts Receivable, Accounts Payable, General Ledger Reconciliation, and General Accounting. Professional with critical thinking continues improvement and outstanding problem solving skills.

EMPLOYMENT PROFILE

Since Nov`08 INVESCO Asset Management Team Leader

(Global Reconciliations services)

Responsibilities

Managing positions and cash reconciliations for all types of securities Fixed Income, Equities, Money Market, & Derivatives for U.K, U.S & Canadian Clients.

Reconciling and resolving trades exceptions, working with counterparties and other business areas

Reviewing daily FX, cash inflow/ outflow, income & expenses, money market trades, market value reconciliations and dividend & coupons settlements

Maintaining existing relationships with brokers/investment banks as well as develops new trading arrangements.

Ensuring all breaks are investigated and tracked on daily basis.

Reviewing daily reconciliations of securities & nostros cash accounts

Liaise with custodian, brokers and internal support groups for pending/unsettled trades, dividends, cash flows and VM & commission differences.

Ensuring timely process of cash and securities instructions and also transmitted same to the custodians.

Ensuring error free and timely daily support/ deliverables to Fund managers

Strategized and communicated actions required to resolve breaks with the Front Office, IT, Corporate action, Trade Processing and Ledger Reporting Teams.

Preparing MIS reports to provide feedback to top management. Conducting exceptions analysis age wise & cause wise.

Strategizing and executing quality control initiatives to enhance accuracy of information and data.

Involved in cash & stock audit across the reconciliation groups on monthly & quarterly basis

Train team members on business products & processes; assist them to resolve exceptions and investigate breaks

Played major role in continuous improvement project, to bring manual accounts on TLM and streamline existing procedures to increase team productivity & Involved in resource selection, appraisal, documentation and client relationship management

Member of organization initiatives like Innovation committee, Interview panel, Internal assessment panel and Fresher’s mentor group

Accomplishments

Spearhead accounts and finance operations with assistance of a team.

Successfully identified and escalated of potential risk and exposure on regular basis.

Efficiently evolved client reports including reconciliation summery, MV billing, and monthly and weekly holdings statements.

Certificate of Appreciation for outstanding performance and contribution to North America Equity Funds for commitment to Fostering Teamwork and consistent performance in Retail Equity group.

Key role in adherence of all control procedures and in recording and maintaining full audit trail.

Key role in the completion of the Van Kampen/Morgan Stanley combination project, Mergers, custody change, IBOR & ABOR projects are represent the most significant Milestones in the evolution of INVESCO.

Selected for U.S Migration for Aladdin trading and recon system training for INVESCO. Got 10years B1 visa

Accredited with the Best employee award’.

Mar’08 – Sep’08 Wipro for (UBS Investment Bank) Senior Analyst

(CDS process for UBS Investment Bank)

Responsibilities

Administered complete trade lifecycle including from trade date through to final settlement including the ultimate reconciliation of the resultant security/cash positions.

Ensured timely resolution of trade discrepancies with agents, clients, market participants and internal trading desks.

Managed various pre-settlements responsibilities viz.:

oSending pre-settlement confirmation e-mails to counter party for all settlement value date.

oResponding to all counterparty pre-settlement queries and raising QMS for any discrepancies in trade.

oPreceding all confirmation exceptions before currency cut-off.

oEscalating all unconfirmed EMK & established SI for all the counterparty.

Supervised several post-settlements responsibilities including:

oTallying payments and journals.

oHandling pass payments, refund and journal entries & verifying and matching un-auto matched debits.

oRecognizing all new breaks with the counterparties.

oChasing counterparty on ETA & escalating breaks over USD5M and with emerging market currencies.

oRaising QMS for any settlement discrepancies.

Accomplishments

Successfully maintained TAT of 24 hours for answering client queries.

Distinguished efforts in managing complete Trade lifecycle.

Selected for U.K. Migration for credit derivative TIW process.

Feb`06-Mar`08 HSBC Bank (Wealth Management) Finance Executive

(Operations)

Responsibilities

Determine ways to improve financial performances.

Worked on different payment desks viz. Department, Branch and Foreign currency along with accounting operations.

Supervised TT operations including Telegraphic Transfer / Demand Draft forms by Electronic Transfer.

Involved in invoice processing (Local & Foreign Currency) in HUB Application with GWIS.

Handled set maintenance obligation for rent (office/staff Quarter /ATM) payments.

Examined economic trends and how competitors are doing to looking for ways to expand into new opportunities.

Managed:

oNastro Account Settlement (using Selling / Buying rates).

oDaily overseas allowances/ business claim forms / corporate card.

oTimely payment for foreign currency set up instalment for foreign currencies.

oCorporate Cards Payments and reversal to the respective GL accounts.

oTenancy agreement, deposit payment and refund reversal enters etc

oRecoveries of various suspense accounts and cost centres recoveries (month-end).

oDevelopment of provisions & Fixed Asset maintenance, depreciations and deletions.

Answered business area / Supplier queries through e-mail / telephone.

Accomplishments

Distinguished efforts in migrating complete accounts payable and receivable process from Dubai.

Successfully provided assistance in:

oVerifying amount in suspense account in SSR for other desk of payments and account team.

oClearing outstanding items in suspense account and posted accounts & clearance of un-posted entries.

Expertly created several control reports such as error and accuracy reports.

Key role in initiation of several controls and in streamlining entire process to enhance accuracy from 92% to 97 % within time span of just 6 months.

Adeptly maintained process documentation for the process as per six sigma quality standards.

Managed financial operations entire Asia Pacific and Middle East process.

Accredited with `Highest invoice processing and best quart of the team awards’.

Jul`04-Feb`06 ADA Cell Works/ Wireless Engineering Pvt Ltd Accountant

Responsibilities

Interfacing with taxation authorities for timely filing of TDS, Service Tax and Income Tax assessments, filing of various Forms and Returns, etc required under various Statutes.

Making journal, cash & bank entries, sales & purchases by utilizing focus international accounting package.

Prepared asset, liability, and capital account entries by compiling and analyzing account information.

Documented financial transactions and recommending financial actions by analyzing accounting options.

Summarizes financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.

Developing of Bank Reconciliation statements monthly basis.

Involved in:

oPayroll calculations and disbursement of salaries; accounting Ratio & Analysis reporting.

oPreparation of income tax, sales tax, reconciliation of tax payable and tax deducted at source including filing of annual returns.

oDisbursement of various payments including accounting, preparation of audit schedules, account reconciliations, confirmation for balances and preparing monthly & quarterly funds flow and cash flow statement.

Accomplishments

Capably handled all tax related activities including indirect & direct taxes viz. TDS, Service tax, Profession tax etc.

Provided advisory services to clients for enhancing accounting systems, internal controls & internal control measures.

ACADEMIC OVERVIEW

2006 – 2007 M.B.A. in Finance and Systems from Vinayaka Missions University

2000-2001 Certificat in Practical Accountancy from IPA & Diploma in computer aided in finance & accounts

1997 - 2000 Bachelors Degree in Commerce with Computers from Osmania University

1995-1997 Board of intermediate from M N R Jnior College

1987-1995 St. Peter‘s High school

TECHNICAL PROFICIENCY

Accounting Packages: Tally, Wings, Focus International, Ex-NGN, Sage

Operating Systems: Windows (Communication futures), MS Office advance user computing

(Word, Excel, Power point, Access), Basic Oracle & VB

Domain worked: Accounts Payable, Receivable, Trade Processing, Fund Accounting, Billing, Data Management, Reconciliations, Equity, Fixed Income, Corporate Actions, Fund Accounting & Derivatives.

Projects: Custody change, Mergers, Change of Accounting system, Audit, Trading systems Migration, Recons tools and Continues Improvements

Banking & IB Applications: TLM & Kasymir (Reporting & Reconciliation System), Pega Rules (Creating & sending swift Messages) Flex Cube (Manual Payment System), Laredo (Front office Trade Booking System), Bloomberg, Aladdin (Trading & Reconciliation System), OWX (Settlement system for Cash & Asset flows), Memphis (Settlement System for Cash & Asset flows), DTCC & GTSS (Trade Matching System with counterparties), Open Image (Confirmation system for documentations/ agreements), Portia, PAS, FMC, CRD, Business objectives, PAS, OBS, HUB, Eagle Star .

Contact this candidate