Ruchika Singh

The role involved in working on project management of different clients:

• Engaged in the Silicon Valley Bank (SVB) migration project of database handling like transitioning, cleaning and alignment into HSBC Innovation Banking (HINV) data and systems for Bank of England reporting purposes.
• Worked on the consolidation of data, comparison of trend analysis, data quality checks for migrated data and fixation of the same by highlighting the gaps.
• Supported in the monthly returns workings through extraction and drill down of data and preparing of the manual journals to fix the errors into reporting system, where the monthly returns were reported.
• Preparation and review of notes and other disclosures for the Interim Report & Accounts, quarterly management information through variance commentary analysis on BS for PWC and on ad hoc information/reports.
• Gathered financial data from various sources such as system sources, sub-ledgers and manual inputs to ensure data accuracy and consistency across systems and understanding of data flows/systems.
• Supported quarterly reporting in consolidation of results for HSBC Holdings plc for reporting, financial information, analysis and commentary that fully describes and explains the financial performance of the Group.
• Provided support relating to data assurance of the balances posted in the ledger for errors and performed reconciliations and lead data governance, ensuring compliance, data quality and integrity.
• Prepared, maintained and updated Standard Operating Procedures documentation for master data activities on periodic basis.
• Knowledge of key processes of data capture and flow for internal/external reporting and analytics.
• Coordinated with delivery/project team on billing and supports invoicing team for accurate, timely billing, etc. and ensures documentation requirement for invoicing.
• Prepared and raised timely customer billing and submission of invoices to customer/client.

Worked in the scope of Closing and Reporting group for Production mining entities, where supported, monitored and lead the delivery of financial accounting processes was performed as part of the global shared services team.

• Performed Month end close process which includes different accounting aspects like closing SAP/HFM, as applicable along with resolving HFM queries.
• Supported the adjacent teams and stakeholders like Product Groups, Controllers, Finance business partners, Reconciliation, Consolidation and Statutory Accounting team to address their queries and provide them with accurate financial reporting to meet disclosure requirements.
• Managed and monitored of off-shore services delivered from India, to ensure day to day Finance Services is performed in accordance with established SLAs, quality.
• Delivered the financial accounting processes throughout the monthly cycle (including the delivery of the financial statements on month end).
• Adhered to the basic principles, by ensuring strong review mechanism over PL/BS/TB, respective journals and month end process as a whole.
• Measured performance against defined KPIs for your scope and presenting the monthly review of process to stakeholders.
• Supported and liaised with Internal and External Auditors during audits, so as to ensure a fully compliant environment.
• Ensured documentation is appropriately maintained and compliant with Group's Sarbanes Oxley and Standard Policy and Procedures of offshore activities and onshore activities.

The role supported financial reporting functions undertaken, responsible for core financial control & reporting including ledger close, balance sheet substantiation, supplementary data packs, production of statutory & management information pack.

• Responsible for the delivery and integrity of monthly financial information with value added commentary/analysis for the division supported within key risk indicators, raised process/relevant risks in the process and timely closure.
• Performed detailed review of Balance sheet reconciliation to identify and understand the open/reconciling items along with interpretation and analyzing the flow of information and purpose of reconciliation, aging of open items, tracking open item action owner, action needed and due date, checking of appropriate back up.
• Established strong relationships with key stakeholders, facilitating effective communication across departments and teams.
• Facilitated training sessions for new employees, ensuring smooth onboarding process.
• Worked on Variance Analysis of FD packs and providing comments with meaningful explanations on the movements and prepared the Analytical Review /Group Review Schedules for regional submission on quarterly basis.
• Experience on working and submission of KPIs, MI dashboard to franchise Finance Director on a monthly basis with engaging with key stakeholders in a timely manner, both via structured regular engagement and ad-hoc when required.
• Responsible for executing client related engagements in the areas of governance, risk and compliance, internal audits, process reviews, standard operating procedures and SOX 404.
• Managed the resolution of reconciliation break/exception items which will include investigation, follow-ups, challenging the status quo, explanation and timely escalations.
• Responsible for monthly analysis and review of Balance Sheet account for the division supported and prepared Balance sheet reconciliations for associated accounts to ensure all balance items are settled within defined time.
• Ensured system controls validation/substantiation is in place and highlighted risk associated with in the process and performed control testing along with review of reconciliation as an internal control measure.
• Good understanding of flow of data from the source systems to the Final Reporting tools.
• Experience on Oracle based platform for ledger reporting and submission (review data, run reports), reconciliation and attestation of the balances, preparing reports through ledger reporting cube data store, Hyperion Smart view.
• Proactively identified, resolved and provided solutions to issues arising from financials produced for the division supported, using analytical and technical accounting skills.

• Involved in Record to report(R2R) process ensuring accurate and timely financial reporting,compliance with accounting standards and efficient close processes.
• Worked on Regulatory and Statutory Reporting and responsible for consolidating financials and commentaries from groups via submission of webforms in Hyperion.
• Engaged to fulfill adherence of SOX Compliances and risk policies and procedures associated in the process. Having a strong knowledge about understanding of internal controls and compliance regulations.
• Streamlined financial reporting processes, significantly reducing time required for monthly close.
• Facilitated smoother internal audits, standardizing documentation and evidence collection procedures.
• Prepared and Presented PowerPoint presentations, MI Reports and other Functional dashboards for senior management/stakeholders.
• Prepared monthly closings and preparation of financial statements to prepare entries to accounts and ensured proper accounting procedures have been followed and worked on GL functionalities, reconciliations.
• Prepared detailed analysis of monthly financials of the entities and variance analysis before GL close.