Machavarapu Naga Manikumar
Senior Executive
Guntur
Summary
To obtain a significant and challenging position as a financial analyst advisor wherein I will learn and excel in finance operation processes. A job that provides me with a scope for growth in the finance vertical.
Overview
8
8
years of professional experience
3
3
Certifications
5
5
Languages
Work History
Senior Consultant
Ernst & Young LLP
11.2024 - 09.2025
- Client: HSBC - Bought Model - NCCR Team:
- Reconciliation of CR 10 (Pillar 3) and IRB 08.06 (Corep).
- Analysis of the top 50 and top 25 counterparties monthly on an incremental basis.
- Ensuring consistency in Finrep vs. Corep exposure classification.
- Prioritized projects and project tasks depending upon key milestones and deadline dates.
- Collaborated with internal teams to support other ad hoc activities.
BA4 Analyst - Counterparty Credit Risk Regulatory Reporting
BARCLAYS GLOBAL SERVICE CENTRE PRIVATE LIMITED
05.2022 - 11.2024
- Counterparty credit risk reporting - Derivatives Portfolio:
- Finalizing CoRep and Pillar 3 regulatory reports for Counterparty Credit Risk.
- Worked on the submission of the Quantitative Impact Study (QIS) for the items below, including group and solo items.
- 1. CCR RWA.
- 2. CCR Sovereigns.
- 3. CCR Crypto
- 4. CCR Leverage.
- Worked on automating the manual adjustments made by the Line team, either through strategic or tactical solutions, by communicating with the data development team.
- Regulatory reports like C7, C8, and C34 (all templates) for counterparty credit risk.
- Consolidate inputs from source teams, adjust DQ issues manually, and finalize the underlying data feed and templates for submission.
- Analysis of gaps during reporting, identifying the root cause for the same, liaising with IT for the required fix, and performing UAT-based testing on the acceptance criteria provided.
Senior Lead Representative
BNY Mellon, Chennai
07.2019 - 04.2022
- Sec-Mod - Regulatory reporting :
- Identify research, and resolve discrepancies and reconciliation issues for all breaks between the Ledger vs. sub-ledger and Nexen.
- Performing a quality review of reconciliation issues to ensure minimum tolerance for error.
- Review and validation of the Manual Journal accounts processed by the team to ensure consistency between Eagle and Nexen.
- Resolving clients' comments and troubleshooting the issues raised by the onshore team.
- Extensive discussion with the onshore and data management teams to modify and tweak existing reports to reduce time and increase quality.
- Helping clients in filing N-PORT and N-CEN to the SEC.
- Extracting security information from Bloomberg for scrubbing purposes and uploading it to the accounting platform.
Associate 2
State Street corporate Services Mumbai Private Ltd. Bangalore
01.2018 - 07.2019
- Regulatory Reporting (N-PORT and N-CEN Filings):
- Being part of the pilot project, I was involved in learning and migrating the process from onshore.
- Involved in automations using SQL, improving the process controls, and reducing manual interventions.
- Handling a team and actively involved in allocations and their skill enhancements.
- Set up for the filing of new financial reporting for mutual funds as per SEC guidelines, viz., N-Port and N-CEN, replacing the existing reporting of NQ and NSAR, respectively.
- Data authentication and data validation from various sources for base formation for filing the reports.
- Basic overview of Structured Query Language (SQL) for User Acceptance Testing (UAT) for extracting desired results to meet the requirements.
- Review of monthly reconciliations of cash, stock, FX, income, and OTC products on funds.
Education
B.COM - GENERAL
Acharya Nagarjuna University
01.2013
INTERMEDIATE - undefined
Mattupalli Junior college
01.2011
SSC - undefined
Z P High school
01.2009
Skills
- Solid knowledge of capital markets
- Understanding of trade life cycle
- Financial accounting expertise
- Knowledge about General ledger accounting process (Financial Statement Analysis, Cash Flow Statement, Reconciliation, Ratio Analysis)
- MS office
- Bloomberg Terminal
- Enterprise accounting platform
- Tally
- SQL
- Advanced Excel
Certification
The Institute of Chartered Accountants of India
Interests
Listening to Music, Playing Cricket
Disclaimer
I hereby declare that the above-mentioned information is correct up to my knowledge and I bear be Responsibility for the correctness of the above-mentioned particulars. Date: 2024-07-05 Place: Chennai
Achievements
- Brought a new initiative by Post processing the reports which helped the whole team by saving 4 days in the process.
- Created the Excel Tie-outs to reduce the manual Intervention and for scrubbing the securities.
- Received 4 WOW and 2 Bravo awards for outstanding performance.
- Appreciated by senior management for suggesting automation ideas for process improvement.
AUDIT & ACCOUNTING EXPERIENCE
- Audit Firm: B. SREENIVASAN&CO., ADITYA CHOPRA&CO.
- Period: 2014-04-27 to 2017-04-27
- Tax Audit, Vat Audit, Internal Audits &Miscellaneous Accounting Experience
- Title: Articleship
- Period: 3 Years
- Description: Worked as a team member/ led the team in conducting audits and special assignments.
- The major skills gained during three years of training period are:
- Vouching of cash book, bank book, purchase and sales ledgers.
- Ledger Reconciliations.
- Preparing audit programs in consultation with client.
- Preparation of Financial Statements i.e. Balance Sheet, Profit & Loss Account and accompanying schedules.
Timeline
Senior Consultant
Ernst & Young LLP
11.2024 - 09.2025
BA4 Analyst - Counterparty Credit Risk Regulatory Reporting
BARCLAYS GLOBAL SERVICE CENTRE PRIVATE LIMITED
05.2022 - 11.2024
Senior Lead Representative
BNY Mellon, Chennai
07.2019 - 04.2022
Associate 2
State Street corporate Services Mumbai Private Ltd. Bangalore
01.2018 - 07.2019
INTERMEDIATE - undefined
Mattupalli Junior college
SSC - undefined
Z P High school
B.COM - GENERAL
Acharya Nagarjuna University