THIRUPATHI NALLA

AVP - Financial Accounting & Regulatory Reporting

• Accomplished finance professional with extensive experience in general ledger accounting, financial reporting, and regulatory reporting (BoE/FCA).
• Currently serving as an Assistant Vice President at HSBC, demonstrating expertise in managing complex month-end closures, balance sheet reconciliations, and supporting internal and external audits.
• Proven track record of driving process improvements through automation (Xceptor, Power Query), resulting in significant, quantifiable time savings (over 950 hours yearly).
• Recognized for strong analytical skills, team leadership, mentoring capabilities, and effective stakeholder management.

• Financial Accounting & Reporting: Manage end-to-end accounting processes, including the creation, documentation, and posting of daily and month-end journal entries (accruals, interests earned, write-offs).
  Prepare monthly and quarterly balance sheet accounts, and support business partners in completing P&L monthly statements.
  Perform rigorous bank reconciliations for cash books and control accounts, monitoring, and resolving open items.
  Review, investigate, and correct errors in financial entries, documents, and reports.
• Regulatory Reporting (BoE & FCA): Prepare and submit monthly BoE returns (AD, AL, BE, BT, EL), and provide commentary for monthly movements.
  Prepare BoE monthly returns for Cards spend and Loans (IC, IO, ER), with commentary.
  Handle quarterly BoE returns (P&L, WO) and FCA returns (PRA108, CCR002, CCR003, FIN066, FSA029, and FSA030).
  Organize and lead review calls with in-country teams for sign-off before submission to Beeds and FCA sites.
  Present financial reports to senior stakeholders, such as BoE, BT return, vs. Saracen balance sheet analysis.

Leadership & Change Management:

• Participated in IT change projects initiated by country teams related to M&S, such as Sun GL and Datastore upgradation projects.
• Manage people by setting up pre-close and post-close calls to resolve month-end issues.
• Mentor new joiners, prepare training calendars, and guide colleagues on quality and risk management issues.

Key Achievements & Automation Successes:

• Saved 600 hours yearly by automating 5 daily bank journals using the Xceptor application.
• Saved 289 hours yearly by automating Daily Imports & People Soft imports using the Control M tool with the Chester IT team.
• Saved 60 hours yearly by automating Monarch-017 customers credit card payments report through Xceptor.
• Saved 30 hours yearly by automating the Warehouse weekly report and Monthly Visa Accrual journal.
• Saved 15 hours yearly by automating the Jersey and Guernsey sales and refund payment request.
• Played an active role in Change Management for the "ABC Project in M&S Bank," transforming physical cheque clearing to Automated Bulk Clearing via image scanning.
• Simplified Saving and investment processes, reducing daily banking reconciliation issues.

Financial Accounting & Regulatory Reporting (BoE)

• Create, document, and post journal entries for daily & month end.
• Performing bank reconciliation for cash book and Debtors' and creditors control accounts.
• Booking accruals, interests earned, and write-off journals.
• Reviews, investigates, and corrects errors in financial entries, documents, and reports.
• Preparing Monthly and Quarterly Balance sheet accounts.
• Monitor and resolve open items in account reconciliations.
• Assist with Month end & Quarter end and Year-end close.
• Support business partners to complete the Balance sheet and profit and loss account monthly statements.
• Regular interacting with business partners to improve the daily and month end reconciliations.
• Support internal and external audits by providing information and answers to auditors.
• Minimize waste work hours and maximize process efficiency by providing new ideas and suggestions to process activities.
• Good analytical skills, statistical skills to study trends, understand, and interpret numeric data.
• Participated in all IT change Projects initiated with Country Teams related to M&S, like Sun GL & Datastore upgradation projects.
• Reviewing all critical activities performed by team members and have placed appropriate controls.
• Process control documents are maintained & reviewed on regular intervals.

GENPACT India Pvt. Ltd., Hyderabad Process Associate - General Ledger Accounting and BS Reconciliations.

General Ledger Accounting:

• Maintaining the Clients Accounts in Oracle.
• Financials closing for each month.
• Hands-on reconciliations, both Liability accounts and Bank Reconciliation.
• Doing regular audit and clearing the issues relating to the audit. Reviewing the Trial Balance and making the necessary changes.
• Doing simulation and making necessary correction entries.
• Informing the client if any changes need to be made or about payment related issues by seeing the flow of account.
• Regular communication with Controllers of US.
• Setting recurring entries for Prepaid and operating equipment. Attend regular trainings on Communication skills and excel training classes.
• Analyzing the Financial statement with the Hyperion statement to rectify the Accounts and department combination errors.
• Giving suggestions to the client regarding Account reconciliations improvement for every month.

• The job profile included handling vouching, a verification of transactions related to cash, bank, purchases, and sales.
• Preparation of cash payment vouchers, general vouchers, and the preparation of the monthly bank debtors and creditors statement.
• Prepare the CST, VAT monthly statements, and BRS statement. Verification of daily inventory movements.
• Quarterly verification of fixed assets.
• Assisting in preparing the monthly P&L and balance sheet for auditing.