Summary
Overview
Work History
Education
Skills
Additional Qualifications
Personal Traits
Disclaimer
Software
Timeline
Generic
shyam verma

shyam verma

finance & Accounting
chipiyana bujurg gautam budh nagar

Summary

Experienced Assistant Manager specializing in cash applications and reinsurance with a proven track record in accurate cash receipt processing, reconciling accounts, and managing reinsurance transactions. Adept at financial analysis, reporting, and optimizing accounting processes to enhance efficiency and accuracy. Strong communicator with the ability to collaborate effectively with internal teams and external stakeholders to resolve discrepancies and implement best practices. Committed to maintaining compliance with industry regulations and improving financial operations through meticulous attention to detail and innovative problem-solving

Overview

9
9
years of professional experience

Work History

Assistant Manager in Finance

AWP Assistance Pvt Ltd
01.2019 - Current
  • Reinsurance Contract Management:Expertise in managing and interpreting various reinsurance contracts, including excess of loss, quota share, and facultative agreements.
    Ability to ensure accurate recording and reporting of reinsurance transactions in compliance with contractual terms.
  • Financial Reporting and Analysis:Proficiency in preparing and analyzing reinsurance financial statements, including reserves, recoverables, and premiums ceded.
    Experience in generating detailed reports and financial summaries to support decision-making and regulatory compliance.
  • Reinsurance Premium and Claim Processing:Skilled in processing and reconciling reinsurance premiums and claims, including the calculation and validation of recoverables.
    Knowledgeable in managing the settlement process and ensuring accurate and timely payments to and from reinsurers.
  • Regulatory Compliance and Reporting:Familiarity with industry regulations and standards related to reinsurance accounting, including statutory and GAAP reporting requirements.
    Capable of preparing and submitting regulatory filings and ensuring adherence to compliance guidelines.
  • Risk Management and Analysis:Experience in assessing the financial impact of reinsurance arrangements on overall risk management and capital allocation.
    Ability to conduct risk assessments and analysis to evaluate the effectiveness of reinsurance programs.
  • System Implementation and Improvement:Proven track record in implementing and optimizing reinsurance accounting systems and processes to enhance accuracy and efficiency.
    Experience in leveraging technology and automation tools to streamline reinsurance accounting functions and improve data integrity.

Accounts Receivable Specialist

Axcess Inc Pte Ltd
10.2017 - 12.2018
  • Process accounts and incoming payments in compliance with financial policies and procedures,
  • Prepare bills, invoices and bank deposits, Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted,
  • Preparation of the age wise accounts receivable statements, Doing the day end processing, sending invoices through EDI or manually

Accounts Executive

INDOSAM INFRA PVT LTD
04.2017 - 10.2017
  • Book keeping by way of Journal Vouchers for the transactions other than Sales and purchase of the Company, Maintaining Petty cashbook, Maintaining All Type of Ledger Books, Doing the bank reconciliation on daily basis, To calculate and deposit the EPF and ESI for the month, To calculate the TDS, Service Tax, GST, Sale Tax of the company and deposit the same, To prepare data for filing various returns, Prepare bills, invoices and bank deposits, Processing salary for the staff and maintaining payroll sheet, Provided the reports related to the discrepancy in trial balance
  • Coordinated month-end closing activities to ensure timely completion of financial statements for executive review and decision-making purposes.
  • Increased client satisfaction by effectively managing accounts receivable and payable processes.

Accounts Executive

Radhika Green Home Pvt. Ltd
12.2015 - 02.2017
  • Bookkeeping by way of Journal Vouchers for transactions other than Sales and purchases of the Company.
  • Maintaining Petty cashbook, Maintaining All Types of Ledger Books.
  • Doing the bank reconciliation on a daily basis, To calculate and deposit the EPF and ESI for the month.
  • To calculate the company's TDS, Service Tax, GST, Sale Tax and deposit the same.
  • To prepare data for filing various returns, Prepare bills, invoices and bank deposits.
  • Processing salary for the staff and maintaining payroll sheet, Provided the reports related to the discrepancy in trial balance

Education

B.COM - undefined

P.G.D.A.V College (DU)

12th Class - undefined

10th Class - undefined

M.B.A -

Amity University

Skills

Cash Application and Reconciliation

Additional Qualifications

  • Good Knowledge of MS-Office
  • Good Knowledge of Tally ERP 9.0
  • Good Knowledge of Sage ERP 300

Personal Traits

Single, 01/03/94, English, Hindi, Indian

Disclaimer

I hereby declare that the details and information given above are complete and true to the best of my knowledge.

Software

Sage 300

Oracle

Power BI

Timeline

Assistant Manager in Finance

AWP Assistance Pvt Ltd
01.2019 - Current

Accounts Receivable Specialist

Axcess Inc Pte Ltd
10.2017 - 12.2018

Accounts Executive

INDOSAM INFRA PVT LTD
04.2017 - 10.2017

Accounts Executive

Radhika Green Home Pvt. Ltd
12.2015 - 02.2017

B.COM - undefined

P.G.D.A.V College (DU)

12th Class - undefined

10th Class - undefined

M.B.A -

Amity University

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