SHWETA PAREEK

• Reporting directly to Group Financial Controller through compilation, analysis, and reviewing financial information
• Liaising with relationship managers and other bank personnel as primary point of contact for Facilities eg. LC's, guarantees, project financing, Bill discounting
• Coordinating with Banks in relation to fund and non-fund based facilities for group, and fulfilling documentation and compliance requirement for the same
• Preparing monthly Treasury Report for Corporate Office and consolidating Treasury reports for all 16 divisions with analysis and key insights for leadership review
• Preparation of monthly MIS reports of corporate entity along with assisting in group consolidation
• Assisting Group CFO & Group Financial Controller in budget preparation and accurate variance analysis
• Monitoring and reporting cash position, financial commitments, and obligations for the group towards ongoing and future projects
• Accounting for group level intercompany adjustments and reconciliations & closing accounting entries monthly
• Interacting with internal and external auditors during audits

Achievements: Received commendations from Reporting Head for business analysis, budget preparation and forecasting for funding requirements.

• Draft Budget preparation (Recurrent and Projects)
• Financial Report Preparation monthly
• Preparing staff monthly time sheet, Delay report and Payroll Preparation
• Maintaining Bank details of all Vendors and updating in system from time to time

• Managing Retail banking operations
• Working on Credit Proposals including Working capital limit, Cash credit, Term Loan, Consumer Loan
• Analyzing applicant’s financial profile, credit rating, and property evaluation to establishing credit worthiness for granting loans
• Improving and implementing internal KYC management and ensuring procedures comply with all key regulations
• Monitoring all bank transactions such as Cash/ Money transfer/DD based on “Money Laundering Prevention Guidelines”
• Preparing proposals for loan disbursement based on debt requirements
• Managing portfolios, limit renewals, and reviewing credit lines on a quarterly basis
• Supervising and training new joiners at the branch
• Maintaining CRM data for all branch customers
• Client site inspection, credit appraisal report writing and quarterly stock statement preparation
• Cross selling insurance, mutual fund and new financial products launched by the Bank

Achievements:

• Appointed Compliance officer for branch, responsible for making sure transactions adhere to banking rules and do not lead to suspicious activities
• Awarded “Federal Ambassador” for gaining high customer satisfaction rating.

• Comparative analysis of financial results of different SBUs of the organization
• Preparing overall report for management of company in Term Ration Analysis
• Verifying repayment track record of various SBUs and studying best course of funding depending upon Cost of Capital
• Understanding concept of excess fund parking and investment of excess fund in a conglomerate.