Rekha Verma
Chartered Accountant
Pune,MH
Summary
Self-motivated professional (C.A ) with an extensive 10 years+ (Post Qualification) experience in Legal Entity Reporting & Controllership, Treasury Management, Trade operations and Regulatory Reporting, R2R and 3.5 years as Article Assistant in an Audit Firm. Possess excellent analytical skills, strong financial accounting, understanding of entire gamut of banking functions and effective interpersonal skills. Expertise in good spread sheet Analysis and financial modelling skills. A strong Strategist and Innovator coupled with strong leadership, communication, decision making and people skills, willing to accept responsibilities. Solid experience in Auditing which comprises Internal Auditing, Statutory Audit, Forensic Audit, Bank Audit, Stock Audit, Revenue Audit and Financial accounting.
Personable and dedicated with strong foundation in regulatory compliance and customer service. Possesses comprehensive knowledge of security protocols and financial regulations, along with excellent analytical and communication skills. Capable of achieving significant positive impacts through diligent adherence to rules and effective client interactions.
Overview
10
10
years of professional experience
2015
2015
years of post-secondary education
2
2
Languages
Work History
Authorized Officer
UBS India Pvt Ltd.
06.2021 - Current
- Responsible for handling Regulatory Reporting of Real Estate Entity & Broker Dealer Firm in UBS (AM Americas), review of entire financial data, internal & external, handing their end-to-end accounting through SAP and making Ledger reconciliation through Merival, getting all the account sigh-off as GBSOV owner
- Adhering to R2R, responsible for making all the accruals & prepaids journal entry, to substantiate true & fair presentation of Financial Statement
- Preparing Balance Sheets, P&L and notes to account, pertaining schedules w.r.t same as per IFRS & US GAAP
- Preparing Inter-company Settlement working, making arrangements for their settlement, on the same analogy making HRT, HCT, GCT & Payroll & Deferred Compensation processing arrangement for intercompany environment
- Proper substantiation of various Investments of respective entities, their valuation, income & loss accounting
- Preparing Seed reports (Regulatory Reports) for Investments
- Signing off BCS as Certifier GBSOV process at BCS Tool by verifying each and every balance having supporting evidence carefully & diligently
- Flagging suspicious non substantiated balances & posting, marking them as RED
- Taking LTD Red Balances, investigate them in depth, substantiate them with proper evidencing, making them Green after proper AAR & AUI process
- Adhering FINRA regulatory requirement, responsibility of Filing Regulatory FORMS at FINRA Portal including FOCUS PartIIA, SSOI, SIPC & NFA Reporting
- Providing and assisting in Audit of entrusted Entity, making resolution of their query and making minutes of meeting with Auditing Partners to making the auditing process smooth & meaningful
Disclosure
UBS India Pvt Ltd.
06.2021 - Current
- Ensure accurate, timely reporting in compliance with regulatory reporting requirement to trade operations
- Assist in UAT in defining regulatory requirements
- Connect with IT team to explain the system enhancements/changes from business perspective
- Ensure mechanisms are in place to identify report, manage and mitigate risk within defined risk appetite
- Evaluate and update SOP on timely basis
- Was involved in transition process, to migrate regulatory reporting operations across locations
- Streamlined the process of escalation of operational, regulatory and other risks to line manager and functional leads as appropriate; contributed to the development and implementation of mitigation or control solutions
Lead Analyst Finance & Accounting
HCL Technologies India Ltd.
02.2019 - 05.2021
- Company Overview: (HCL-BPO)- UBS (Client)
- Responsibility to disclose correct numbers in Balance sheet and analysis the DOD & MOM variance and deeply drilldown the responsible segments effecting the financial statements as per applicable regulatory framework
- Analysis of all operational aspects in order to evaluate the Entity’s progress toward achieving its goals and to map out future goals and plans and consider economic and business trends, review past performance
- Preparing balance sheet and profit & loss reconciliation
- Preparation of detail analysis to get sign off on MOM,QOQ & YOY basis on the numbers populated in financial statements from the Financial Controllers (FCs) and deeply examining the variance and there drivers specially the material one by providing commentary thereof and comparing the same with past trends
- (HCL-BPO)- UBS (Client)
Audit Manager
M/S UMAKANT MANJU & ASSOCIATES CHARTERED ACCOUNTANTS
11.2014 - 12.2018
- Company Overview: MEERUT
- Conducted internal and external audits, Forensic Audit, Concurrent Audit & Statutory Audit
- Responsible for handling various projects as project lead with other team members and also been part of the team member of various assignments
- Intercompany Accounts Reconciliations, Balance Sheet Open Accounts Reconciliations, Accounts Payable, Accounts Receivable, Vendor Reconciliations, Inter-company sundries accounts reconciliations, Management Reporting and Analyze/ Review General Ledger Accounts for preparation of adjustment entries during Financial close, Investigated discrepancies that were uncovered during audits
- MEERUT
Article Assistant
Mr. SINGHAL MANOJ KUMAR FCA (C.A)
10.2007 - 04.2011
- Preparing and finalizing Accounts for Individual firm, Partnership firms filling of their returns
- Reconciliation of Inter company accounts, passing rectification entries to clear out the mismatch, month end and year end closing statement journal entries
- Assist in Bank Audit, Concurrent Audit, Stock Audit of SME
- Awarded SPORT award at UBS- Getting LTD revenue settlement done & turning Red balances to Green-UBS India Pvt
- Ltd-Pune
- Investigating Revenue Leakage in Concurrent Audit of IOB-Meerut
Education
Chartered Accountant -
ICAI
M.Com - undefined
C.C.S Univ
B. Com - undefined
C.C.S Univ
Skills
Accomplishments
- Awarded SPORT award at UBS- Getting LTD revenue settlement done & turning Red balances to Green-UBS India Pvt. Ltd-Pune
- Investigating Revenue Leakage in Concurrent Audit of IOB-Meerut
Software Tool Proficiency
- MS Office
- Citrix
- SAP
- Merival Consolidation Run (MCR Query)
- Business Office (Web intelligence)
- Analysis Office (AO)
- Firari
- Jetbase
- Socrates
- RAM/GGAT
- ELN Lite/VNA
- GBSOV/BCS
- Tally ERP
Personal Information
- Father's Name: Mr M.K Verma
- Date of Birth: 05/02/88
- Gender: Female
- Marital Status: Married
Passport
Yes Available
Timeline
Authorized Officer
UBS India Pvt Ltd.
06.2021 - Current
Disclosure
UBS India Pvt Ltd.
06.2021 - Current
Lead Analyst Finance & Accounting
HCL Technologies India Ltd.
02.2019 - 05.2021
Audit Manager
M/S UMAKANT MANJU & ASSOCIATES CHARTERED ACCOUNTANTS
11.2014 - 12.2018
Article Assistant
Mr. SINGHAL MANOJ KUMAR FCA (C.A)
10.2007 - 04.2011
M.Com - undefined
C.C.S Univ
B. Com - undefined
C.C.S Univ
Chartered Accountant -
ICAI
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