I intend to build my career with a progressive organization that gives scope for continuous learning’s and provides application of knowledge and skills that can be aligned to the latest trends and be part of a team that dynamically work towards the growth of the organization and self.
MBA Profession with 13+ years of experience majorly into banking domain, Accounting Functions in Reconciliations, GL R2R Month end close, Investment Securities (Treasury), Fixed Income (broker revenue) Majorly Dealing with Bonds, Financial Planning & Analysis, Budgeting, Forecasting with team handling experience & Transformed carrier to Business Analyst. Ideated and Contributed change Management BA for RPA Project (Robotics Implementation Finance) for daily Hold over Reconciliation activity, Capital Markets P&L Dashboard Project Project & Peoplesoft to Oracle Migration UAT Testing,Implementation of Book My Seat Application project. Highly analytical and detail-oriented Business Analyst with [5+ years] of experience seeking opportunities to leverage expertise in data analysis, process improvement, and stakeholder collaboration to drive business success. Proven ability to translate complex business requirements into actionable insights and solutions.
Overview
14
14
years of professional experience
Work History
Specialist Business Analyst
LTIMINDTREE
12.2022 - Current
Oversaw the project for the Book my Seat application, which allows employees to make flexible bookings, transitioning the outdated system to a new one in alignment with the organization's requirements
Perform Business Analyst role by initiating the active CR for the existing applications
Collaborated with stakeholders to gather and analyze business requirements, translating them into functional specifications for IT development teams
Conducted thorough data analysis using SQL, Excel, and other tools to identify trends, patterns, and insights to support decision-making processes
Preparation of Scope documents for the BRD and executing the CR according to client requirements
Data Analysis and providing the functional solution of the system
Developed and maintained detailed documentation including business process flows, use cases, and user stories
Played a key role in the implementation of new systems and processes, including user acceptance testing and training
Contributed to continuous improvement initiatives by identifying opportunities for process optimization and efficiency gains
Participated in cross-functional teams to support project management and implementation efforts.
Provided expert advice on technical aspects of projects as needed by stakeholders.
Sr. Accounting Analyst
BNY MELLON INTERNATIONAL OPERATIONS (INDIA) PRIVATE LIMITED
Chennai
04.2015 - 12.2022
Collaborated with the robotics team and design architecture authority team to manage the corporate Treasury Business change Management process for the reconciliation project
Throughout the entire process, I gathered requirements from various stakeholders, from the initial setup to the final implementation
Successfully fulfilled the responsibilities of a Business Analyst by creating PDDs, SOPs, SIPOCs, and workflows
Successfully implemented GAP frameworks in change management, ensuring a smooth transition from the current state to the target state
Actively co-ordinate with robotics team, Dev, QA and UAT phases to overcome many challenges In the change
Tracking the testing results & provides necessary changes according to desired result in scrum meetings
Participated in SLA meetings of change & giving continuous updated to stakeholders & management about the current status of completion, upfront time frames & reworking status
Worked into capital market commission PNL Flash upload tool change management project where submitting the manual commission on a daily basis to track the details to auto publish the details for future references & to maintain accuracy with approvals
Aligned to Capital Market CMI Datawarehouse change management project for booking of daily revenue commissions moving to a weekly basis
Preparing daily Hold-Over account manual reconciliation to identify and mitigate cash break risks – between Investment Securities and Cash transactions, analyzing the huge data lines to match at CUSIP level, investigating the unmatched items between systems and clearing them by posting a manual journal in ledgers
Dealing with Fixed Income securities provide a return in the form of Periodic Payments of Interest and Eventual return of principal at maturity
Majorly Monitor the progress of trade settlement and in the case of delayed settlement to ensure the appropriate accounting entries have been posted
Follow up with Middle office which has primary responsibility for identifying settlement issues & failed trades
Daily basis we prepare a revenue accrual of fixed income which we receive from pershing securities Ltd
Pershing acts as a broker for this entire activity by enabling both settlement in the market and providing books and records via Nexus Majorly dealing with fixed income products like bonds, certificate of deposits, mortgage-backed securities, commercial papers & REIT real estate bonds & securities which directly accounting to other comprehensive income
Participated in the transformation project to convert daily reports, reconciliations, and journals to weekly or monthly for Fixed Income Process, liaised with the technology team for setting up parameters, done UAT and completed Production
Reviewing and approving of journals like REIT settlements, Coupon, Principal, Fed Settlement, and Reclassification entries
Supporting onshore counterpart on audit sample requirements requested from KPMG/SOX team
Established appropriate internal controls by creating checklists, SIPOC, and internal review mechanism to enhance the quality of the process
As part of supporting Business continuity scheduling the plan & assigning the activities, cross-training on multiple processes which help during critical times
Providing Daily, Weekly & Monthly KPI Reports to management
Change management of software peoplesoft to oracle cloud implementation participating in End-user testing.
SR, FINANCIAL ANALYST III (FP&A)
HEWLETT-PACKARD (HP)
Chennai
04.2013 - 04.2015
Responsible in monthly closing of books and necessary activities during the month end and after the closure of books of accounts
Provided high-level commentary for the P&L items and analyzing the drivers to revenue and expense
Provided quarterly variance analysis to each sector of the business to the management
Posting of client Journals in SAP and clearing the E - Form queue for month-close
Preparation and distribution of daily sales report to clients enabling them to understand the trend and growth
Working on payroll salary journals, accruals, deduction entries, and posting in SAP
Calculating the pension workings for processing payments
Analyze SG&A cost center (Selling, General, Administrative, and Corporate) expense
Finalization of P&L and booking of tax entries to close the book of accounts
Publishing of MCR Reports during month-close Process.
ANALYST
TATA CONSULTANCY SERVICES LIMITED
Chennai
10.2010 - 01.2013
Performing daily settlement to Association (MasterCard/Visa) and reconciliation of General ledgers (GLs) related to posting
Reconciling of General Ledgers (GL) related to payments, returns, credit balance refunds, and bank advices
Researching the open items and clearing the same, preparing journals and postings.
Skills
Management collaboration
Continuous Improvement
Teamwork and Collaboration
Adaptability and Flexibility
Time Management
Self Motivation
Education qualification
Master of Business administration in Finance – 2009.
Bachelor of Commerce - 2007
Software used
Peoplesoft
Oracle
SAP FI End user
Intrader Application
MYSQL
Service Now Tokyo version End User
Azure DevOps & Jira
Power BI
Achievements and accolades
Innovation Award for process improvement & Automation, which saved Effective FTE hours, Cost Control & Process simplification.
Taken the migration of the process only by WebEx and calls & Simplified most of the activities to reduce the time consumption.
Earned good appreciations from stake holdovers.
Personal Information
Father's Name: M.V. Prasad Rao
Date of Birth: 04/18/87
Gender: Male
Nationality: Indian
Marital Status: Married
Languages
Telugu, English & Tamil
Hobbies and Interests
Movies, Listening Music & Travelling.
Timeline
Specialist Business Analyst
LTIMINDTREE
12.2022 - Current
Sr. Accounting Analyst
BNY MELLON INTERNATIONAL OPERATIONS (INDIA) PRIVATE LIMITED