Ashique K.K
Abu Dhabi
Summary
Results-driven Reconciliation Manager experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings, AOV verification, data visualization, data analysis, Card and Acquiring channel reconciliation, Excel financial modeling.
Overview
14
14
years of professional experience
Work History
Reconciliation Manager
Deem Finance
Dubai, United Arab Emirates
04.2023 - Current
- Regular monitoring of the General Ledger for any unusual movements or long outstanding items.
- Collaborating with the Business Owner to resolve outstanding items and ensure proper documentation of unusual movements in the GL account.
- Distributing the General Ledger on a monthly basis to the business owner, ensuring they remain informed about account movements and underlying transaction details.
- Collaborating with the Finance department to implement necessary controls to ensure the appropriateness of all entries and avoiding unusual movements
- Lead internal reconciliation process and establish effective partnerships with relevant internal departments.
- Monitor the daily reconciliation of NOTRO BANK,Product related receivable(Cards and Loan) and other internal suspense accounts.
- Monitoring and creating Amortization scheduler for Deferred Acquisition Cost and Prepaid Payments.
- Recovery Income Monitoring and reconciliation.
- Interest Accrual Validation for both Loan and card product.
Senior reconcilation officer
First Abu dhabi Bank
05.2015 - 03.2023
- Reconciliation of internal GL accounts, settlement and suspense account related to Card and Acquiring Business
- Create reconciliation process for newly opened accounts and products
- Reconciliation of Card system(external) transactions vs internal core banking system Transactions
- Loyalty transactions reconciliation
- Report outstanding transactions as per escalation matrix
- Escalate to higher management for unusual transaction
- Maintaining monthly MIS on the income and expenses for cards to monitor any unusual trends/movements in income/expense lines
- Managing monthly provisions to meet the expenses by maintaining an up-to-date excel tracker with invoice details
- Coordinating with Card Business and Merchant Business on new product launch and set up accounting entries and reconciliation
- Preparation of departmental SOP and process notes
- Reconciliation of all scheme settlement like Master visa, JCB, CUP, Mercury etc
- Identify and resolve the exceptions and interruption in data
- Conduct periodic gap analysis to identify the Gaps/area to improvement in the department
- NOSTRO account reconciliation
- KPI, MIS and monthly dashboard report preparation.
Roaming Tarrif analyst
Emirates Data Clearing House (EDCH)
01.2012 - 01.2015
- Monthly preparation of Cost and Revenue summary and reported to Revenue assurance team
- Quarterly base accounting statement Preparation for each client
- Discount Calculation based on PRA Terms
- Communicating with Roaming Partners for Discount Calculation
- Preparing Monthly Provisioning report against PRA Term on behalf of PRA Client
- Preparing statement, Invoices and Summary for Clients.
Retail operation associate
National Bank of Abu Dhabi
01.2010 - 01.2012
- Processing of Standing order instruction
- Processing of Foreign currency collection Cheque
- Reconciliation all GL a/c for FCY chq
- ICCS (image Clearing CHQ system).
Education
Master of Business Administration -
T.John Institute Of Management studies
Bsc computer science -
Kannur University
Skills
- MS Excel-Macro
- MS Access
- MS Power BI
- VBA
- Process automation
Finance
- Data Analysis
- Telecom Roaming and interconnect
- Digitization
- RPA
- Team Building Leadership
Accomplishments
- FAB Stars of Operations Award-2017
- TASC outsourcing Best employee award-2011
Languages
English
Hindi
Malayalam
Projects
Card GL Reconciliation Automation through INTTELIMATCH system Automated reconcilation process for Card internal GLaccount using intellimatch system. Activly particpated in whole project cycle from BRD to liveActively Participated in System Integration Testing and Migration Activities (NBAD &FGB Merger During the merger involved in recon System migration activity, day 1 recon checking, UAT E dirham-E11 implementation Implementation of new E dirham cards(issuing, Acquring and channel acceptance) worked on automating reconciliation, settlement and accounting Acquring multy currency merchant Reconciliation and settlement of multy ccy merchant acquring for etihad Acceptness of wallet in FAB pos Reconciliation and settlement automation for wallet like Alipay, payby, we chat pay etc Payby wallet recon Work on auto recon and settlement for payby wallet Auto escalation of exception to business owner Created auto escalation tool in excel to notify the business and higher management for aged transactions
Timeline
Reconciliation Manager
Deem Finance
04.2023 - Current
Senior reconcilation officer
First Abu dhabi Bank
05.2015 - 03.2023
Roaming Tarrif analyst
Emirates Data Clearing House (EDCH)
01.2012 - 01.2015
Retail operation associate
National Bank of Abu Dhabi
01.2010 - 01.2012
Master of Business Administration -
T.John Institute Of Management studies
Bsc computer science -
Kannur University