ANURAG KUMAR YADAV

Department- Finance & Accounts

Future Generali India Life Insurance Company Ltd.

Roles & Responsibility:-

• Monitoring of all Bank reconciliations and action on the items that require attention.

• Prepare bank reconciliations for multiple bank accounts on a timely basis.

• Obtain bank statements from the respective banks.

• Confirm account balances by comparing company records with bank statements.

• Collaborate with the finance team to ensure accurate and timely reconciliation adjustments.

• Enhance bank reconciliation processes for efficiency and accuracy.

• Confirm account balances by comparing company records with bank statements.

• Perform regular balance confirmations with banks to ensure accuracy and reconcile any discrepancies.

• Collaborate with the finance team to ensure accurate and timely reconciliation adjustments.

• Enhance bank reconciliation processes for efficiency and accuracy.

• Prepare monthly MIS reports, providing valuable financial insights.

• Analyses financial data and present findings to senior management.

• Contribute to strategic financial planning and performance evaluation.

• Oversee authorized signatory documentation, ensuring compliance with banking regulations and internal policies.

• Maintain confidentiality and handle sensitive information discreetly.

• Supporting the implementation of Cash management module and building quick sight dashboard and report building to ease out daily BAU activities and for cash flow analysis.

• Tracking and ensuring that the ageing and line items of Bank reconciliation statement are in control, identifying and fixing root cause, coordinating with various stakeholders for closure of open BRS items.

• Ensuring that all audit requirements are provided on time and first time right; thus contributing to clean audit reports.

• Day to day treasury operations and proper accounting of Insurance technical accounts like Premium, Commission, Claims etc.

• Support ad-hoc financial analysis and reporting tasks.

• Handling queries of stakeholders with respect to premium receipts as well as pay-outs. Engaging with banks and vendors for issues.

• Ensuring proper documentation of processes, implementation of adequate controls with respect to receipts and payouts so that there are no surprise control lapses which will have financial impact on the organization.

Tracking and ensuring that the ageing and line items of Rank reconciliation .

Department - Treasury Operations and Finance & Accounts.

PNB MetLife India Insurance Company Ltd.

Roles & Responsibility:-

• Monitoring of all Bank reconciliations and action on the items that require attention.

• Currently reconciliation for all account codes and matching of trial balance has been done by Revenue accounting team for entries flowing from Life Asia to Sun GL on each working day. This matching also includes all bank accounts balances.

• Relationships team at T+1, Reconciliations team to escalate the case to Deputy Director- Finance at T+3 and to Controller after T+5.

• An open transaction report is generated from Life Asia on each working day, and is analysed by Treasury (Reconciliations) team and intimated to Operations /Treasury Relationships team for necessary action to be taken (cancellation of receipts /amount mismatches / re-credit cases or follow-up with banks)

• Co-ordinating with vendor for timely realisation of receipts and payments in system.

• Co-ordinating with Bank for any issues being faced by vendor and other stakeholders.

• Co-ordinating with Bank to ensure Bank Charges are at minimum and best in the industry.

• Co-ordinating with Bank to update Signatories as and when required.

• Active Support in closure of Audits of above treasury operations and accounting area.

• Funds transfers, bank charges, inter-bank rectifications and manual CSI uploads require CSI preparation based on the nature of transaction and bank account.

• Bank statement is downloaded from the bank site. The details are forwarded to Group operation team for receipting in group Asia.

• Monthly Bank Account Reconciliation and Suspense Account Reconciliation and Clearing the same for respective Branches.

• Ensuring timely reconciliation and closure of open items pertaining to various Control accounts in General Ledger

• Simultaneously we have asked bank to confirm on this so that we can credit back all this type of balance to Bank’s account.

• Also getting process set to refund all these cases to bank after 30 days if there is any non-receipt of complete information from Bank side.

• Active Support in closure of Audits of above treasury operations and accounting area.

• Manage day to day fund flow for the Indian entities and liaise with the bankers where needed.

• Ensure that idle funds are parked in approved safe investment, with the intention to maximize
returns from idle /surplus cash.

• Prepare bank reconciliations for multiple bank accounts on a timely basis.

• Support for closure on all forward exchange transactions.

• Ensuring that all statements for investments made are obtained from the financial institutions.
On periodical basis.

• Maintain strong relationships with the company’s bankers and ensure that banking forms to support various transactions are completed accurately and in timely manner.

• Support all documentary requirements of banks.

• Accurate and timely preparation of short- and medium-term cash flow forecasts including daily analysis of bank balances and preparation of the weekly and ad hoc cash position reports; Compliance reporting for treasury in accordance with statutory, regulatory, and regional reporting requirements.

• Support for closure on all forward exchange transactions.

Department-Banking Operations

TATA CAPITAL FINANCIAL SER LTD.

Roles & Responsibility:-

• Handling RTGS &NEFT UPI Reconciliation.

• Daily CF& SME Open data Reconciliation.

• ALL RTGS open Credit data MIS.

• Daily Follow up Book debit RTGS & NEFT Open data.

• Daily and month end reconciliations of operations core trade capture systems to the firms’ books and records.

• Daily Monitoring UTR Miss matches case.

• All transactions RTGS, NEFT, UPI Only HDFC, ICICI Reconciliation.

• Preparing MIS on daily basis in relation of Pending Buckets and Reconciliation.

• Weekly open data RTGS data MIS.

• NACH (National Automated Clearing House) transactions Reconciliation.

• ECS (Electronic Clearing Service transactions) Reconciliation.

• Bill Desk Payment Gateway Reconciliation On daily basis.

• Monthly UTR Miss Match data MIS

• Auto Debit & Direct Debit Reconciliation.

• Weekly MIS Bank opens credit & Debit.

• Daily Verify Double entry in system.

• Daily RTGS Sweep & Bank Charges Verify and manually Punch in system.

• Cash Reconciliation on daily basis.

Trail Balance & General ledger Reconciliation and matching daily basis

Department-L&T Finance service Limited.

Roles & Responsibility:-

• Monitoring Micro Loan (ML) Collection& Disbursement Reconciliation.

• BRS Handling of ML Collection & Disbursement

• Preparing the Bank charges Data on Monthly Basis and Sharing to Treasury Team

• Solving the Queries from IT Team regarding the system reconciliation issues

• Monitoring the Auto Recon Percentage on Daily basis.

• Delivery ideas for a better process efficiency or costs savings opportunities.

• ML Collection reconciliation of bankbook and bank statement against the receipt flow in System.

• Preparing monthly wise MIS for Audit purpose.

• Preparing the Bank charges Data on Monthly Basis.

• Preparing MIS on daily basis in relation of Pending Buckets and Reconciliation.

• Preparing MIS reports to provide feedback to top management on Business operations.

• Driving the Projects of ICICI Bank -I Pay Sure and Axis Bank Easy Pay Deposition for Increasing the Auto Percentage and running the daily process smoothly.

• Part of Migration from BR.NET System to ONELMS.

• Manual Recon Activity of Disbursement move to Reconciliation Tool for Automation

• Performing the UAT and providing the suggestion for adding new functionality in Recon tool for Automation and Process Improvement.

• Preparing the Quarterly & Monthly Submission file for Higher Management

• After downloading the Bank Statement, the closing balances are verified.

• All General Ledger Reconciliation.

• Reconciliation with Monthly Expenses viz Monthly Budget.

• Collating bill-wise details from the clients and handover the same to Accounts Department for punching.

• Flash Insta credit report on daily basis to MCM’s, RM, SH, BH & Treasury to relate all the open entries in BRS, with aging bucket & remark.

• Contra transactions are identified manually and pass the entries thru Any recon System for further closure.

• Disbursement reconciliation against the payment flow in system.

• Monthly Bank Account Reconciliation and Suspense Account Reconciliation and Clearing the same for respective Branches.