Shyam Bharath Murugan

Leading a team of finance professionals for an extended team of a Investment Banking division in a Finance Controllership capacity, overseeing month-end closing, reconciliations, Annual Statement reparation, and regulatory filings.

• Directed end-to-end accounting and reporting for an Investment Banking product, spearheading micro projects to streamline reporting processes and reduce reliance on manual methods
• Managed concurrent statutory and head office reporting Played a key role in orchestrating and preparing annual statutory financial statements adhering to UK GAAP
• Collaborated closely with external audit teams during annual statutory audits
• Implemented enhanced organizational processes and policies, resulting in a 20% department-wide productivity increase
• Contributed significantly to finalizing the company's code section and developing a strategic report aligned with FRC (Financial Reporting Council) guidelines
• Experience in risk reporting - Credit quality and Market risk per UK GAAP Launched and oversaw a mentoring initiative for junior finance control staff members
  
  

Financial Reporting Manager of India entity.

• Governed and managed Financial Reporting under IFRS, and month-end closing processes
• Led Business Transformation initiatives like Balance sheet substantiation activity in collaboration with key stakeholders
• Oversaw billing and revenue accounting for the legal entity Acted as control owner, conducting and documenting accounting controls and analyses
• Facilitated the transition and resolution of aged items across multiple high-risk balance sheet accounts, while standardizing the closing and reporting procedures
• Conducted performance appraisals, reviews, and provided mentoring and coaching to direct reports
  
  
  
  

Regulatory Accounting and Reporting of US Healthcare.

• Prepared, reviewed, and finalized financial statements (Balance Sheet, Income Statement, Cash Flow, and Notes to Financials) adhering to US GAAP and Statutory Accounting Standards
• Conducted quarterly Risk-Based Capital analysis and authored Management's Discussion and Analysis (MD&A) Managed intricate quarterly and annual statutory filings, including Audited Financial Statements
• Crafted Balance Sheet and Income Statement flex commentary for quarterly and annual closings
• Facilitated quarterly financial review meetings with senior leadership
  Orchestrated external audits and managed regulatory inquiries and examinations
• Led global learning and development initiatives to meet evolving technical and reporting standards
• Mentored and trained new team members across the organization
• Prepared 8 Audited Financial Statements for regulatory bodies within a 4-year timeframe
• Administered annual performance evaluations, compensation planning, and identified staffing needs

Part of System administrator and Oracle implementation team.

• General Ledger System Admin and Oracle Implementation Presenting operation update with onshore partners on weekly basis
• Played key role in Oracle Implementation team in RBS- Release 3 Global Project
• Closely worked with Oracle Consultants in developing GL functionalities for Fixed Assets, Oracle EBS reporting system
• Lead governance call with multiple stake holder across region on project status

Worked in General Accounting Report team for a Pharmaceutical company.

• Headed the month-end closing and reporting per US GAAP and IFRS standards
• Managing and reviewing GL Operations for Chart of Accounts, System Administration, and Financial Reporting
• Involved in setting up and transitioning of GSK US & France Financial reporting and General Accounting process
• Completed documentation (SOPs), FMEA, Quality Checklists and finalizing SLAs with clients
• Developed End to End process maps, there by identifying and removing NVAs, resulting in saving of $20k

• Retail Branch Banking worked in Liability as well as well-versed with asset and mortgages functions of Bank