Kumaravel_Resume Final_v5
- 1. Curriculum Vitae KUMARAVEL MUNUSAMY No.54, 1st Floor, Meenambal Street, West Tambaram, Chennai – 600 045, Ph: +91 9941642915 & 7092060980 Email: kumaravel.mr@gmail.com CAREER SUMMARY: A certified Cost Accountant with a zest for knowledge and learning to make a mark in profession and life. An ambitious person with a total experience of 8.5 years, of which 6 years worked in Banking and Financial services industry. To secure a position which will make optimum use of my strengths in regulatory, financial reporting and interpersonal skills that enhances in the advancement of the professional career. REPORTING SKILLS & AREA OF INTEREST: Regulatory Reporting (BASEL and RWA) Financial Reporting and Controls (IFRS) Management Reporting Balance sheet Management (ALCO Reporting) Group Reporting – Consolidation Oracle People Soft Financials (General Ledger) MS Excel & Word PROFESSIONAL EXPERIENCE: Organization : Scope International Private Ltd, Chennai Designation : Specialist Period : Oct 2011 to till date Reporting steam : Regulatory and Financial Reporting Company Profile: Scope International Private Limited is based in Chennai (wholly owned subsidiary of Standard Chartered Bank PLC UK) They offer various captive services such as Finance and accounting, Wholesale and Consumer banking Operations, HR Services and Software Development to Standard Chartered Bank group across the globe. Job Responsibilities: Currently handling Central bank submissions and financial control processes for UAE branch of Standard Chartered Bank PLC. This involves the preparation of weekly, monthly and quarterly reports for Central Bank of the UAE which includes various Banking Return Forms (BRFs) • Balance sheet & Income statement • Memorandum Accounts
- 2. • RWA & BASEL reporting requirements • GSAM Loans classification & Local provision calculation • Month end close activities of various business units • Review and control of General Ledger • Review of weekly, monthly and quarterly reporting deliverables • Trend and Variance analysis • Liaising with Business Teams/Product Control/GSAM team to ensure booking of deals/transactions • Large Exposure reports for Federal/Emirates and GRE and Private Sector • Monitoring of Capital base on Special Large exposure/Intergroup/Interbank. • Disclosure of Debt securities, Real estate, Intergroup & Interbank exposures • Classification of Loans & Advances by Assets classes, Sector & Past dues • Maturity-wise and Currency-wise classification of Assets and Liabilities • Emirate-wise classification of Loans & Advances and Deposits • Computation on specific ratios: CAR, CRR, AD Ratio & Liquid Assets Ratio • Inter Company balances Reconciliation among Group (Standard Chartered UK) & other business units • Reconciliation of PSGL (General Ledger) with other Transaction Processing systems • Reconciliation of IFIS Vs PSGL on account and currency wise on daily basis till the closure of financial journals in GL • Participated in UAT, supported Central Bank reporting on the parallel run • Involved in the process of audit documentation • Preparation & updation of Dash board (KCSA, KRI) on monthly basis Additionally handled some of the ALCO (Asset & Liability Committee) reporting processes and financial control activities for the UAE branch of Standard Chartered Bank. This involves • Preparation of contractual and behavioral liquidity profiles • Preparation of LCY, FCY and ALL CCY balance sheet • Preparation of Top 10 depositors and borrowers Job Profile: (From Sep 2010 to Sep 2011- Management Reporting) Handled management reporting for the Singapore Branch of Standard Chartered Bank. This involved: • Preparation of Journals and their posting to the ledger • Preparation of Cost, Revenue & Balance sheet schedules • Budgeting and Forecasting Support Organization : Mobius Knowledge Services Private Ltd, Chennai Designation : Financial Analyst Period : Sept 2008 – Sept 2010 Job Responsibilities: • Worked on Mergers and Acquisitions, Hedge Fund firm analysis: Analyzing and understanding the strategies behind fund. Analyzing the portfolio employed by the fund and thereby studying the returns yield by the fund
- 3. • Company valuation and analysis of financial statements • Operation Leadership: Process transformation from planning to finalization. • Reports and Follow-ups: Maintenance of Performance Reports, Production Reports, Error Analysis and Preventive Measures, Process Review Organization : Calibre Financial Services Ltd, Chennai Designation : Management Trainee Period : June 07 – Aug 08 Job Responsibilities: • Evaluate the project feasibility • Preparation of CMA data and Loan Processing • Financial Planning and Analysis of a company • Preparation of financial projections for the proposals based on their future cash flow of a company PROJECT DETAILS: Project Name : Migration of Regulatory BRFs reports Client : Standard Chartered Bank, UAE (Dubai) Duration : 2 Months (In Oct’13 & Jan’14) Reporting stream : Regulatory Reporting Project Description : The Central bank of the UAE had revised Monthly Banking Return Forms (BRFs) by replacing their old BRF returns during the month of September 2013. The implementation of new BRF returns proposed to migrate the new monthly, quarterly and large exposure activities to FSSC Chennai and migrated the entire activities within the short span of time. The process has been stabilized and well appreciated by the customers for handling the migration portfolio independently. The core activities are, • Involved in formulating the mapping files for Old/Existing Central Bank (CB) Codes to its corresponding new CB Codes as per BRF Explanatory Notes provided by Central Bank of the UAE. • Preparation of Process Notes for each BRF Report ensuring reporting requirements are followed especially in terms of Account Type, Product Type, Customer class and its Market Segments. • Understanding of entities classification like Governments, Public Sector Entities, GREs-Government Related Entities, NBFI and HNIs etc., • Setting up of Base working files as per the requirement of new Central Bank templates. • Successful implementation of the monthly parallel run for June, July, & August Reporting months. • Systems/tools used: PSGL, IFIS & Microsoft Office. Project Name : Half Year & Full Year end onshore support Client : Standard Chartered Bank, UAE (Dubai) Duration : 2 Months (In Jul’15 & Jan’16) Reporting stream : Regulatory & IFRS reporting Project Description : In the month of July 2015 & January 2016, I travelled to Dubai for assisting half yearly & full year end regulatory reporting and IFRS reporting. The portfolio that are involved in handling the preparation of Monthly, Quarterly, Large exposure reports and worked in finalizing Group Financial Review Analysis that comprises of significant movements in Income, Cost, Assets, Liabilities and Contingents.
- 4. EDUCATIONAL QUALIFICATION: 2010 Certified Cost Account The Institute of Cost Accountants of India, Chennai 2007 M.B.A in Finance Magnus School of Business, Chennai affiliated University of Mysore 2005 Bachelor Degree in Commerce (B.Com) Tirukoilur College of Arts & Science, Tirukoilur Under University of Madras Associate Company Secretaryship – Pursuing Final The Institute of Company Secretaries of India APPLICATION SKILLS: Proficiency in • PeopleSoft General Ledger – Oracle 9.2 version • Integrated Financial Information System – a tool for handling Regulatory & ACLO reporting • Hyperion Essbase & ALMMOD (Asset Liability module for ALCO reporting) • Microsoft Office (Excel, Word & Power Point) • Familiarity with US GAAP and IFRS accounting for Banking and Financial Services CURRICULAM PROJECT: Project Title : A study on the psychology of the investors in the present scenario of share market crashes Company : India Infoline AWARDS & RECOGNITIONS: Scope International – Played a key role in stabilizing the newly migrated process, duly acknowledged by a Value Champ - Customer Delight award Won Business Star & Extra Miler award for the consistency in quality in 2013 and June 2015 respectively ICWAI (Final Both Groups) – Completed in 1st Attempt and got all over India 89th rank. Secured first place in overall academic performance in B.Com and scored centum in Cost Accounting in third year PERSONAL INFORMATION: Father's name : S.Munusamy Mother name : M.Devaki DOB : 02-05-1985 Passport No. : K4336056 Marital status : Single Languages known : Tamil & English Hobbies : Internet Surfing, Playing cricket and watching movies
- 5. DECLARATION: I do hereby declare that the particulars of information and facts stated here in above are true and complete to the best of my knowledge and belief. PLACE : SIGNATURE : sDATE : NAME: KUMARAVEL MUNUSAMY
- 6. DECLARATION: I do hereby declare that the particulars of information and facts stated here in above are true and complete to the best of my knowledge and belief. PLACE : SIGNATURE : sDATE : NAME: KUMARAVEL MUNUSAMY