VALLIAPPAN PONNAIAH

Domain: Reconciliation & Trade Investigation:

• Perform Recon for outstanding breaks in TLM
• Investigate aged exceptions in RKS & TLP to understand outstanding breaks
• Reach out to custody to provide valid documents for processing trade
• Posting entry in RKS if particular Trade has been cancel and rebooked by Custodian
• Knowledge in both Accounting Recon (trade basis) & Custody recon (settlement basis)
• Handling feed issues and clearing operator interventions for reconciliation
• Worked on new accounts set-up from custody migration to reconciliation
• Liaising with oversight and client service team to clear third-party dependent breaks
• Research and resolution of breaks using PLM with case notes.

Cash Flow:

• Responsible for Cash posting on Client-side Transfer, Fee, Distribution & dividend, Bank cash interest, STIF interest, Redemption, and subscription
• Responsible for monitoring and processing daily TA files in RKS
• Responsible for uploading daily cash files through RMG
• Maintain fund Matrix
• Responsible to monitor and process daily Ad-hoc Request

Key Responsibilities:

• On-the-job training for new employees
• Stabilized process by implementing best practices, training, and team development among team members
• Discussing breaks over the calls with the onsite teams & clients on governance calls
• Ensuring the daily Cash and Position recon deadlines are met and all queries are being responded to on time
• Investigating high values and aged trade discrepancies on a priority basis
• CASH file report,KPI, SOD & EOD reports. Preparing EOD reports as per whole-day activities with checklist
• Preparation of necessary SOP and training documents for current process, and periodical review and recertification of same
• Conduct team hurdles on weekly basis

Cross-training in FX settlement

• Cash Fails - Every day will receive failed breaks from recon team, based on that file will reach out to Custody for payment copy and Broker to confirm receipts, work on Cash non-receipts Maintain report, and will send report to client on daily basis
• FX Fails -Broker or Custody reached out to us for non-receipts, based on mail will reach out to Broker or Custody for payment copy if any one of them paid fund to incorrect SSI details, and will request to repay fund to correct SSI details based on client request
• CLS - Pre-Matching will be done, if some trades are unmatched will reach out to Custody and Broker for exact status of transaction whether it is match or Needs to settle in Gross As per their confirmation, will work on maintaining report and will send report to client on daily basis
• MT103 (individual transaction) MT 202 (bank-to-bank transaction)

Domain: Auditing

• Analysis of Draft Financial Statements including notes to accounts
• Ensuring compliance with TDS,PF,and GST.
• Inventory valuation as per Accounting Standard 2
• Depreciation as per Accounting Standard 10 and as per Schedule II of Companies Act 2013
• Scrutiny of ledgers, debtors & creditors reconciliation, verification of BRS and Bank/ Cash Balance
• Bank Audits & Mutual Funds
• Responsible for developing and maintaining auditing plan of bank
• Review of loans & advances account, NPA verification
• Preparation and Verifications of all regulatory reports as required by SEBI
• Processing and Verification of Fund expenses and ensuring that expenses are within SEBI Limit

Other Ancillary Activities

• Responsible for bookkeeping, file & document maintenance, maintenance of accounts, finalization of books for audit
• Preparation of Income computations of various assesses and filing of income tax returns
• Planning and execution of various statutory audit procedures including vouching of income and expense items, obtaining debtors, creditors, and bank balance confirmation, various logic tests, etc
• Investigated irregularities and discrepancies and provided remedies.

• Conducted audits on financial processes and transactions to identify discrepancies.
• Planned optimal allocation of budgets and funding to maximize Return on Investment (ROI).
• Maintained up-to-date working knowledge of legislative changes within corporate finance.

• Conducted verification inspections to verify implementation of corrective actions and minimise risks of future audit failures.
• Prepared comprehensive audit reports, facilitating accurate measurement of audit findings against set KPIs.
• Interpreted financial statements, account records and detailed numerical data to make accurate audit assessments.
• Researched discrepancies and operational problems to stay up to date with guidelines.

• Preparation of Computation of Income and Income Tax Returns for Various kinds of assesses.
• Preparation of submissions against notices received from income-tax authorities during assessment and appeal proceedings.
• Projecting tax liability and calculation of advance tax payable
• Prepared Reconciliation Statements of Banks, Debtors, Creditors, etc
• Expertise in working with MS Excel spreadsheets