NAVEEN KUMAR BOBBURI
Guntur
Summary
Detail-oriented and results-driven finance professional with over 4 years of experience in trade settlements claims, accounting, and audit support. Proven expertise in managing cash flow, performing reconciliation of accounts, and maintaining accurate financial records. Adept at handling client communications, resolving escalations, and ensuring compliance with regulatory standards. Skilled in process optimization, with a strong track record of identifying and implementing improvements to enhance operational efficiency. Known for excellent problem-solving abilities, attention to detail, and the ability to work collaboratively across departments to achieve organizational goals.
Overview
4
4
years of professional experience
Work History
Senior Associate
STATE STREET BANK & TRUST
09.2022 - Current
- Conducting thorough investigations and analysis of trades that have failed to settle in the market according to the contractual settlement date across various products such as FX, Equity, Fixed Income, Collateral and Security Lending.
- Responsible for claiming CSDR Penalties from Brokers and Custodians & ensuring all the claims are processed within Specified TAT
- Processing payments Via MT 202, MT 103, MT 199 and MT 299 SWIFT messages.
- Effectively managed client communications, including responding to inquiries, providing updates, and addressing concerns via calls and reports.
- Performed daily reconciliation of cash and position discrepancies to ensure accurate client record-keeping and compliance with financial reporting standards.
- Identified opportunities for process improvements and participated in UAT testings.
- Delivered high-level process overview to external audit teams provided required samples.
ACCOUNTANT & AUDIT ASSISTANT
SUNEEL REDDY BHAVANAM & ASSOCIATES
10.2020 - 04.2022
- Assisted in planning and coordinating stock audits, ensuring thorough preparation and adherence to audit timelines and guidelines.
- Posted journal entries accurately and timely, ensuring proper documentation and alignment with financial reporting standards.
- Supported the preparation and execution of statutory audits, ensuring compliance with legal and regulatory requirements and the accuracy of financial statements.
- Collaborated with auditors to gather and verify necessary documentation, addressing audit findings and implementing corrective actions as needed.
Education
CMA-Semi Qualified
ICWAI
04.2001 -
M.Com - Insurance & Banking
THE HINDU College
04.2001 -
B.Com - Accounts & Taxation
AMM Degree College
04.2001 -
Skills
- Tally
- Inquiry Management Tool
- Microsoft Excel
- Microsoft Word
- Adaptability to computerized works
- Transaction Lifecycle Management (TLM)
Areas Of Knowledge
- Basic understanding of capital markets, corporate actions, Derivatives
- Professional knowledge in accounting, Mutual funds
Timeline
Senior Associate
STATE STREET BANK & TRUST
09.2022 - Current
ACCOUNTANT & AUDIT ASSISTANT
SUNEEL REDDY BHAVANAM & ASSOCIATES
10.2020 - 04.2022
CMA-Semi Qualified
ICWAI
04.2001 -
M.Com - Insurance & Banking
THE HINDU College
04.2001 -
B.Com - Accounts & Taxation
AMM Degree College
04.2001 -
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