Mohammed Farook
Chennai
Summary
A highly organized and detail-oriented Documentation Manager with 5+ years of experience in Banking Industry, proficient in managing and maintaining complex documentation process and systems. Expert in handling Document drafting and execution checking along with Limit activation for corporate clients.
Passionate about streamlining documentation processes and ensuring compliance with industry standards, with a strong track record of improving efficiency and reducing errors.
Experienced Accountant and Financial Analyst with 10+ years of experience managing full accounting cycles and enhancing financial processes to increase efficiency. Proficient in QuickBooks and Excel, skilled in financial analysis and report preparation.
Overview
19
19
years of professional experience
Work History
Assistant Manager – Credit Risk Operations
BNP Paribas India Solutions Pvt. Ltd.
11.2023 - Current
- Managing a Team handling credit risk process such as Reviewing Credit applications and memos submitted by Relationship Managers, Evaluating and assessing creditworthiness of the Borrowers, Checking executed Facility Letter, Limit activation and Reporting.
- Managing the mail box and allocation of daily work to team members based on the accounts allocated.
- Reviewing corporate facility & security documentation, to ensure full compliance with the bank's internal credit and legal policies, procedures & guidelines applicable to documentation.
- Checking valuation report and updating valuation details (CMV & Insurance Value) in Collateral Management System.
- Liaise with Relationship Managers to understand requirements of clients and support the Documentation accordingly.
- Liaise with counterparts in Singapore to understand & implement changes in the process. Also, to update the process notes and get them approved form the management.
- Review EOD Control Sheets shared to country heads and management team.
- Managing appraisals and providing feedbacks for the team members.
Associate Manager – Credit Risk Control
Standard Chartered Global Business Services Pvt. Ltd.
10.2019 - 11.2023
- Managed a 6-member team handling credit documentation - Facility Letter (Banking Facility Letter) preparation and its supplements and Security document preparation, Security Compliance Certificate (SCC) issuance & Collateral Management System (CMS) input & Collateral Valuation), and reviewing BCA – Business Credit Application of borrower.
- Managing the mail box and allocation of daily work to team members.
- Preparing & reviewing corporate facility & security documentation, to ensure full compliance with the bank's internal credit and legal policies, procedures & guidelines applicable to documentation.
- Checking valuation report and updating valuation details (CMV & Insurance Value) in Collateral Management System.
- Liaise with Relationship Managers to understand requirements of clients and support the Documentation accordingly.
- Liaise with counterparts in Hong Kong to understand & implement changes in the process.
- Review EOD Control Sheets shared to country heads and management team.
- Monitoring the preparation of Referral Analysis in order to reduce the number of referrals on document preparation.
- Managing appraisals and preparation of feedback forms for the team members.
Finance Analyst - Financial Analysis & Reporting
Ford Motor Private Ltd.
12.2015 - 05.2017
- Liaised with Operating Team to get transaction details and prepared transaction summary for Fixed Marketing and Variable Marketing expenses.
- Prepared accruals /actuals for booking liabilities for expenses that are incurred.
- Formulated and posted journal entries in general ledger; verified the journal entries with the payments/ invoices to support forecast submission for the remaining months.
- Populated information into Variable Marketing Systems with actual sales volumes and variable marketing spending, which will need to get reported in the financial statements of the company.
- Collaborated with Operating Team to prepare budget & forecast that will need to get reported in the financial statements of the Company.
- Ensured the reserves were adequate for future payments so that Treasury was prepared for huge/bulk payments.
- Assisted with preparation of the budget and implemented financial policies and procedures.
- Advised management about measures to improve business performance/ reduce costs, coordinate process improvements, staff development, and policy implementation to increase ownership and enhance employee competence for cross functional responsibilities.
- Established and maintained cash controls and reconciled the general ledger, monitored cash reserves and investments and prepared bank statements, issued cheques for all accounts due, ensured security for all credit cards and verified charges.
- Reviewed internal controls, reporting systems, overall performance of Finance Department, ensured transactions were recorded into the computerized accounting system.
- Prepared monthly financial statements, quarterly reports and reports on variances, responsible for closure of Books on a monthly basis by scrutinizing the ledgers.
- Reconciled subsidiary ledgers with General Ledgers, keeping receivables under check by weekly reviewing the customers aging report.
- Analyzed business processes & financial planning; conducted benchmarking study/ trend analysis and used various business tools to assist the critical decision-making process.
- Enabled delivery of high-quality customer experience, elevating customer satisfaction, while adhering to the SLAs and work processes, with effective resolution of escalations within turnaround time.
Process Specialist / Sr. Team Leader – Accounts Receivables / Procurement Process
Ford Motor Private Ltd.
04.2012 - 11.2015
- Issued invoices and maintained accounting reports for Receivables.
- Created exhaustive spreadsheet to enhance tracking of receivables, followed up on open accounts and negotiated with clients during collection calls.
- Reduced aged receivables through effective follow-up.
- Work proactively with other departments in identifying and resolving accounts receivable related issues.
- Provided internal and external support with updated reports and current notes using company databases.
- Identified and resolved un-cleared receivables over 90 days past due.
- Examined, prepared and processed chargeback notifications with valid back up to the customer for payment in order to avoid releasing debt to outside collection agency.
- Led a 5 member team for managing procurement activities; prepared work schedule and allocated to team members.
- Reviewed daily and monthly metrics with the team and business owners.
- Liaised with buyer and vendor for the initial preparation of documents and completion of order processing.
- Contacted vendors for negotiation on pricing & payment duration; prepared evidence to support the procurement.
- Verified contracts/agreements with vendors.
- Conducted verification of status of deliverables and followed up with vendor for closing of Purchase Order.
- Managed periodic meetings with clients in reviewing the metrics.
- Reviewing team members’ performance and nominating them for the monthly awards.
- Prepared documentations for Team member’s appraisals and promotions.
Sr. Team Member - Accounts Payables
Ford Motor Private Ltd.
03.2009 - 03.2012
- Journalized accruals, adjustments and reallocations for month-end closing and ensured all journal entries comply with internal and external audit specification.
- Prepared year-end files for audit purpose, interface with external/internal auditors for queries.
- Identified reconciling item, recommended appropriate action plan and followed up stakeholder to clear reconciling item on time as per corporate FM.
- Held recon tracking review meetings with management on a monthly basis, discussed about getting support for clearance of reconciling item and issues of un-reconciled accounts.
- Printed disbursement checks, ensuring all necessary documentation is attached and obtaining supervisors' approval according to departmental procedures.
- Trained new hires and made sure their 'on boarding' process ran smoothly.
- Assisted supervisor with special projects.
- Maintained files and documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices.
- Functioned as backup in the absence of Team Leader and made sure the invoices are processed by the team on time.
- Special Payments like Check requests were done timely for the vendors on a monthly basis.
- Submitted requested invoice copies and documents during the periodic audit and answered appropriately for the questions raised by the Auditors.
- Post Audit discussion held with the team to discuss on the outcomes from the Audit.
- Extended support provided during the holidays in clearing the backlogs.
Team Member - Accounts Payables
Ford Motor Private Ltd.
07.2006 - 02.2009
- Processed payment entries against Purchase Orders in payable system.
- Processed 200 invoices per day and benchmarked the performance.
- Emails relating to queries were handled on time with appropriate responses.
- Followed up with business owner for approval and pending invoices query clarification; responded to buyer and vendor queries relating to payments and purchase orders.
- Liaised with Payment Disbursement team and Vendors for submission of payment details and remittance copies.
- Addressed issues relating to unpaid invoices, clarifying vendors with the reasons and clearing them on time.
- Managed late payment fees or rejection of payments related queries.
- Submitting aged reports to management for escalations and further proceedings.
- Led electronic fund transfers/ cheque rejections; re-processed the transfers and cheques; liaised with the EFT Team and vendor’s bank.
Education
B.Com. -
The New College, University of Madras
Chennai, India05-2005
Skills
- Reporting and documenting
- Team collaboration
- Decision-making
- Operations management
- Team leadership
- Performance evaluation
- Task delegation
- Process improvement strategies
- Problem-solving
- Orientating and training
Languages
English
Tamil
Urdu
Hindi
Notable Accomplishments
- Successful transition of Checker role for Singapore and Hong Kong documentation activities ahead of targeted deadline.
- Traveled to Shanghai, China during 2016 to transition a new job in Financial Reporting of Ford Motor China and Lincoln.
- Successfully completed Six Sigma (Green Belt) Project in Accounts Payables in 08/11.
- Accomplished Six Sigma (Yellow Belt) project in 09/11.
- Completed Kaizen Project for Accounts Payables process in 06/10.
Awards And Accolades
- 2023, Business Excellence Award for migrating key documentation activities from Hong Kong.
- 2021, Spot Award for efficiently handling IBOR Re-pricing project.
- 2021, Spot Award for Error-Free handling of Making process.
- 2013, Award for launching Marketing & Service Procurement desk.
- 2008, Award for significant role in managing Ford Credit Britain activities.
Personal Information
- Date of Birth: 11/07/83
- Nationality: Indian
- Marital Status: Married
Key Impact Areas
- Credit Application Review
- Credit Documentation Drafting
- Document Execution Checking
- Compliance Certificate Issuance
- Limit Activation
- MIS/ Reporting
- Month-end Closing
- Continuous Business Process Improvement
- Training
Timeline
Assistant Manager – Credit Risk Operations
BNP Paribas India Solutions Pvt. Ltd.
11.2023 - Current
Associate Manager – Credit Risk Control
Standard Chartered Global Business Services Pvt. Ltd.
10.2019 - 11.2023
Finance Analyst - Financial Analysis & Reporting
Ford Motor Private Ltd.
12.2015 - 05.2017
Process Specialist / Sr. Team Leader – Accounts Receivables / Procurement Process
Ford Motor Private Ltd.
04.2012 - 11.2015
Sr. Team Member - Accounts Payables
Ford Motor Private Ltd.
03.2009 - 03.2012
Team Member - Accounts Payables
Ford Motor Private Ltd.
07.2006 - 02.2009
B.Com. -
The New College, University of Madras
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