Summary
Overview
Work History
Education
Skills
Languages
Accomplishments
Timeline
Generic
SATISH SINGLA

SATISH SINGLA

Blackrock

Summary

Highly accomplished Chartered Accountant with 16 years of experience in Regulatory Reporting: COREP, Finrep, Basel III, GSIIB, ESG disclosures (GRI, UNB, TCFD), adherence to CRR and CRD capital/liquidity regulations. Technical Accounting: IFRS, UK GAAP, PL, BS, month end activities (reconciliation, adjustment, consolidation) Audit & Compliance: Statutory audits (planning to reporting), management reporting, and financial decision-making. Software Proficiency: SQL, OneSumX, Oracle, SAP, Hyperion, ERP systems, Python, Excel Macro (VBA), automation tools. Global Exposure: Work experience across the UK, Hong Kong, India, Philippines, Poland, Ireland. Team Leadership: Managing diverse teams, process optimization, and driving operational excellence.

Overview

19
19
years of professional experience

Work History

Business Consultant- Regulatory reporting expert

Maveric Systems
01.2024 - Current
  • Lead a team of regulatory reporting professionals responsible for timely and accurate submission of regulatory reports and Financial Statements for HSBC's EU regional financial and regulatory operations.
  • Ensure preparation and review of disclosures and reports required by prudential regulatory authorities (BOE, EBA, PRA)- Basel3, COREP, FINREP, GSIIB.
  • Analysis of regulatory requirements for disclosures under the EBA disclosure framework, CRR and other regulations while adhering to internal policies, guidance, and specific implementation details.
  • Also, involved in projects on IFRS 9, 16 and 17 implementations. This included end to end UAT, creating working papers to meet incremental reporting requirements, review of accounting policies.
  • Additionally, performed monthly, quarterly, and annual closing procedures including preparation of period-end close accounting entries, tax adjustments, accruals, G/L maintenance, and reconciliations.
  • Preparation of financial statements (P&L, Balance sheet, and notes to the accounts) in compliance with IFRS and accounting policies.
  • Consolidation of full P&L forecasts, annual budgets, and financial management results At HBEU region.
  • Monitor regulatory developments and changes and provide guidance to internal stakeholders on the potential impact of regulatory changes on the business.
  • Review and analyze financial data and information to ensure accuracy and completeness of regulatory reports and identify and resolve any discrepancies or issues.
  • Key Stakeholder Management
  • Developed and maintained strong relationships with regulatory agencies, internal stakeholders, and external auditors to ensure compliance with regulatory requirements and to facilitate effective communication.
  • Internal Controls
  • Implemented and managed internal controls and processes to ensure compliance with regulatory requirements and minimize risks.
  • Developed and implemented financial policies and procedures, resulting in improved financial controls and reduced operational risks.
  • Process Optimization and improvements
  • Identification of automation and optimization opportunities in the end-to-end processes and suggesting ways to eliminate complexity and standardize processes.
  • Team Management
  • Lead and managed a team of employees, overseeing daily operations conducted regular team meetings, performance reviews, and training sessions to promote professional development and continuous improvement.
  • Project Management
  • Also involved in project management methodologies (Scrum) and Jira, streamlining workflows and ensuring efficient project delivery.

Banking Advisory

Deloitte Ireland LLP
01.2023 - 01.2024
  • Lead a team of regulatory reporting professionals responsible for timely and accurate submission of regulatory reports and Financial Statements for HSBC's EU regional financial and regulatory operations.
  • Ensure preparation and review of disclosures and reports required by prudential regulatory authorities (BOE, EBA, PRA)- Basel3, COREP, FINREP, GSIIB.
  • Analysis of regulatory requirements for disclosures under the EBA disclosure framework, CRR and other regulations while adhering to internal policies, guidance, and specific implementation details.
  • Also, involved in projects on IFRS 9, 16 and 17 implementations. This included end to end UAT, creating working papers to meet incremental reporting requirements, review of accounting policies.
  • Additionally, performed monthly, quarterly, and annual closing procedures including preparation of period-end close accounting entries, tax adjustments, accruals, G/L maintenance, and reconciliations.
  • Preparation of financial statements (P&L, Balance sheet, and notes to the accounts) in compliance with IFRS and accounting policies.
  • Consolidation of full P&L forecasts, annual budgets, and financial management results At HBEU region.
  • Monitor regulatory developments and changes and provide guidance to internal stakeholders on the potential impact of regulatory changes on the business.
  • Review and analyze financial data and information to ensure accuracy and completeness of regulatory reports and identify and resolve any discrepancies or issues.
  • Key Stakeholder Management
  • Developed and maintained strong relationships with regulatory agencies, internal stakeholders, and external auditors to ensure compliance with regulatory requirements and to facilitate effective communication.
  • Internal Controls
  • Implemented and managed internal controls and processes to ensure compliance with regulatory requirements and minimize risks.
  • Developed and implemented financial policies and procedures, resulting in improved financial controls and reduced operational risks.
  • Process Optimization and improvements
  • Identification of automation and optimization opportunities in the end-to-end processes and suggesting ways to eliminate complexity and standardize processes.
  • Team Management
  • Lead and managed a team of employees, overseeing daily operations conducted regular team meetings, performance reviews, and training sessions to promote professional development and continuous improvement.
  • Project Management
  • Also involved in project management methodologies (Scrum) and Jira, streamlining workflows and ensuring efficient project delivery.

Senior Manager Regulatory Reporting

HSBC Bank
01.2013 - 01.2022
  • Lead a team of regulatory reporting professionals responsible for timely and accurate submission of regulatory reports and Financial Statements for HSBC's EU regional financial and regulatory operations.
  • Ensure preparation and review of disclosures and reports required by prudential regulatory authorities (BOE, EBA, PRA)- Basel3, COREP, FINREP, GSIIB.
  • Analysis of regulatory requirements for disclosures under the EBA disclosure framework, CRR and other regulations while adhering to internal policies, guidance, and specific implementation details.
  • Also, involved in projects on IFRS 9, 16 and 17 implementations. This included end to end UAT, creating working papers to meet incremental reporting requirements, review of accounting policies.
  • Additionally, performed monthly, quarterly, and annual closing procedures including preparation of period-end close accounting entries, tax adjustments, accruals, G/L maintenance, and reconciliations.
  • Preparation of financial statements (P&L, Balance sheet, and notes to the accounts) in compliance with IFRS and accounting policies.
  • Consolidation of full P&L forecasts, annual budgets, and financial management results At HBEU region.
  • Monitor regulatory developments and changes and provide guidance to internal stakeholders on the potential impact of regulatory changes on the business.
  • Review and analyze financial data and information to ensure accuracy and completeness of regulatory reports and identify and resolve any discrepancies or issues.
  • Key Stakeholder Management
  • Developed and maintained strong relationships with regulatory agencies, internal stakeholders, and external auditors to ensure compliance with regulatory requirements and to facilitate effective communication.
  • Internal Controls
  • Implemented and managed internal controls and processes to ensure compliance with regulatory requirements and minimize risks.
  • Developed and implemented financial policies and procedures, resulting in improved financial controls and reduced operational risks.
  • Process Optimization and improvements
  • Identification of automation and optimization opportunities in the end-to-end processes and suggesting ways to eliminate complexity and standardize processes.
  • Team Management
  • Lead and managed a team of employees, overseeing daily operations conducted regular team meetings, performance reviews, and training sessions to promote professional development and continuous improvement.
  • Project Management
  • Also involved in project management methodologies (Scrum) and Jira, streamlining workflows and ensuring efficient project delivery.

Audit and Assurance Experience

Big4 (EY and KPMG)
01.2007 - 01.2013
  • Plan and execute financial statement audits of publicly traded and private companies in various industries, including manufacturing, retail, and technology.
  • Coordinate and supervise the work of audit team members, including associates and interns, to ensure timely and high-quality completion of audit procedures.
  • Communicate with clients to obtain relevant financial and operational information, as well as to discuss audit findings and recommendations for improvements to their internal controls and processes.
  • Analyze financial statements and audit evidence to identify areas of potential risk and material misstatement and provide recommendations for appropriate audit procedures to address those risks. Prepare and review audit reports, including management letters and financial statements, for accuracy and completeness.
  • Maintain up-to-date knowledge of audit standards and industry regulations and share that knowledge with colleagues and clients as needed. Strong technical knowledge of auditing and accounting principles, as well as regulatory requirements, including UK GAAP, IFRS, and Company laws.

Education

Chartered Accountant (ACA) -

Institute of Chartered Accountants of India

ACCA Global - undefined

12.2025

Bachelor of Commerce - undefined

Punjab University
04.2002

Skills

  • Accounting and Reporting Software: Hyperion, Oracle, SAP4na, IBM Cognos, SQL queries, SAS, OneSumX
  • Automation tools: Python MS Office, Chat GPT & VBA
  • Audit tools: GAMx (audit tool)

Languages

English (C1 Level) & Hindi

Accomplishments

  • Participated in the recruitment process of Audit Associates and seniors in campus recruitment drive.
  • Aug'11-May'12: International Financial Reporting Standards (IFRS) - Basic, intermediate, and advanced from KPMG.
  • Yellow Belt Training (LSS) and completed the project for the reduction of manual adjustments in PL and BS for HSBC sites.
  • Leadership development program (GCB5) in HSBC for next level.
  • 2015-2017: Received Top Performer Rating as Manager in HSBC; 2018: Promoted to Senior Manager
  • Conferred with “EY Annual High Impact Award” in 2008 for showcasing strong leadership.

Timeline

Business Consultant- Regulatory reporting expert

Maveric Systems
01.2024 - Current

Banking Advisory

Deloitte Ireland LLP
01.2023 - 01.2024

Senior Manager Regulatory Reporting

HSBC Bank
01.2013 - 01.2022

Audit and Assurance Experience

Big4 (EY and KPMG)
01.2007 - 01.2013

ACCA Global - undefined

Bachelor of Commerce - undefined

Punjab University

Chartered Accountant (ACA) -

Institute of Chartered Accountants of India

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