Nancy Kalra
Faridabad
Summary
Results-oriented professional with 7+ years of experience in financial reporting, regulatory reporting,auditing and IRRBB finance change delivery. Quick and eager learner with acute attention to detail and consistent track record of identifying process improvements to drive quality, accuracy and efficiency.
Overview
7
7
years of professional experience
Work History
Manager
HSBC EDP India Private Limited
11.2022 - Current
- Leading the change requests through the discussions with stakeholders, preparation of solution documents and managing the business queries for getting the approvals for implementation of the change requests.
- Involvement in the crucial projects like SDI onboarding, rate index changes etc. During these projects- Facilitated the batch run requests, analyzed the batch outputs, prepared various analytical workings, involved in discussions with multiple stakeholders, managed the issues/queries etc.
- Preparation of reference data tables for execution of the batch run request in system.
- Implementation of the business changes in the test environment and processing of EVE and NII post execution of changes.
- Analyzing the changes and the output reports extracted from the test environment before execution of the changes in the live environment.
- Preparation of project presentations for stakeholders’ discussions and executions.
- Preparation of EVE and NII dashboard for the business review, highlighting and explaining the major movements.
Assistant Manager
Macquarie Global Services Private Limited
08.2022 - 11.2022
- Preparation of month end close activities along with variance analysis and reviewing supports.
- Involved in reconciliations of accounts.
- Involved in audit queries and global financial submissions.
Financial Analysis Manager
American Express Banking Corp.
11.2018 - 07.2022
- Reviewed IGAAP period close (daily / fortnightly / monthly) by posting GAAP adjustments to USGAAP books.
- Performed financial deep dive and the GAAP reconciliation periodically.
- Prepared and presented the monthly analysis to the team members by giving them a reasonable understanding on the subject matter.
- Being a spoke to statutory audit, internal audit and concurrent audit, managed the operational delivery audit requirements in timely manner.
- Handled effectively multiple queries from audit team by gaining detailed understanding of subject matter and collaborated with various functions across the organization to ensure timely availability of the information to auditors.
- Lead in finalizing long form audit report and various certifications after discussions with auditors and various teams in organization.
- Prepared & finalized IGAAP Annual financial statements of the bank along with working supports and in-depth analysis.
- Ensured adequate review with all relevant information and audit thereon.
- Performed variance analysis and reviewed various reconciliation supports.
- Lead in finalization of fixed asset schedule as per schedule II guidelines.
- Preparation and Submission of various regulatory returns applicable on foreign banks as per RBI guidelines like capital adequacy, liquidity coverage , NSFR, exposure returns, financial position , CRR/SLR maintenance, CRILC reporting, card returns, IRR etc.
- Preparation of return tracker and track on all returns for due submission.
- Interacting with various teams for the data inputs on returns.
- Handled all the regulatory asks and providing with the data on time.
- Governance of all applicable RBI circulars and timely implementation of all required changes.
- Monitoring of daily capital adequacy and daily liquidity position (LCR) as per RBI norms and circulating to the relevant team.
- Monitored the maturity structure of cash inflows and outflows as per ALM guidelines.
- Preparation and presentation of quarterly disclosures as per Basel III guidelines.
- Involved in the regulator inspection through sharing the data requirements on time and involved in various discussions.
- Finalizing the provisioning as per IRAC norms in IGAAP books and keeping the same updated with the relevant RBI circulars on COVID, stressed assets etc.
- Deciphered the new RBI circular; defined the end-to-end process, established operating framework for the new RBI return -Large exposure framework independently and got awarded for it.
- Preparation of IND AS financial statements and supported in diagnostic study for first time IND AS implementation.
- Contributing in deciphering and listing down detailed disclosure requirements through obtaining the detailed understanding of bare act and other reference material as part of IND-AS implementation study and presenting the same to team members.
- Supported in implementation of new RBI liquidity ratio-Net Stable Funding Ratio (NSFR) by gaining understanding on the RBI guidelines and requirements over the same, drafting the NSFR supporting workings, preparation of the SoPs.
- Involved in automation of NPA reports as part of RBI guidelines by creating logics/rules, had discussions with tech teams and various stakeholders, conducting UATs, drafting the policy changes and final implementation testing.
- Supported automation of returns while creating rules, performing UAT and helped implementing the same.
Senior Associate
MSKA & Associates (BDO International member firm)
02.2017 - 11.2018
- Conducted Statutory Audit and drafted Audit Reports as per the reporting requirements of Companies Audit Report Order, 2016
- Involved in planning, work strategy, team leading, key client discussions, overall team and client coordination
- Preparation and Finalization of Financials as per Schedule III of Co
- Act, 2013, compliance of various accounting standards, standards of auditing and guidelines of MCA and CA Institute
- Independently handled various areas like Revenue, Trade Payable, Trade Receivables, Cost of goods sold , taxation, Inventory, fixed assets, provision, computation of depreciation as per Schedule II of Companies Act 2013, litigation etc
- Performed overall analytical review w.r.t significant accounts i.e
- Variance analysis.
Education
Chartered Accountancy -
ICAI
11-2016
B.com Hons -
Gargi College, Delhi University
01-2013
12th Grade -
DAV Public School
01-2010
Skills
- Team Leadership
- RBI Regulatory Submissions
- Regulatory Compliance
- Month-End and Year-End Closings
- Variance Analysis and Reconciliations
- GAAP Knowledge
- Financial Reporting
- Project Management
- Automation of regulatory returns
- UAT Testing/Dashboard/Test Cases
- Stakeholder Collaboration
- Change implementation
- MS Word/MS Excel/MS Powerpoint/Axiom/QRM/Oracle
- MIS Reporting
- Accounting
Personal Information
Date of Birth: 02/14/93
Accomplishments
- Got Promoted from Associate to Senior Associate in MSKA & Associates in just 9 months of joining.
- Implementation of new RBI liquidity ratio-NSFR in the reporting framework and got nominated for the prestigious award of finance visionary in American express.
- Automation of the regulatory returns.
- Automation of NPA reports and successful handling of internal audit on the automation part.
- Supported in the delivery of the crucial project of Site SDI onboarding onto the system.
Timeline
Manager
HSBC EDP India Private Limited
11.2022 - Current
Assistant Manager
Macquarie Global Services Private Limited
08.2022 - 11.2022
Financial Analysis Manager
American Express Banking Corp.
11.2018 - 07.2022
Senior Associate
MSKA & Associates (BDO International member firm)
02.2017 - 11.2018
Chartered Accountancy -
ICAI
B.com Hons -
Gargi College, Delhi University
12th Grade -
DAV Public School
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