Analytical and results-driven Senior Financial Operations Associate and CMA Finalist (Cleared Group IV with 79% Distinction) with extensive institutional experience in multi-asset servicing, cash/trade reconciliation, and Net Asset Value (NAV) governance at State Street Corporation. Proven track record of mitigating valuation risks across complex portfolios—including Equities, FX (Spot/Forwards/Swaps), Futures, and Options—interfacing directly with trading middle offices and global custodians. Expert in architecting UAT test scenarios for reconciliation automation, executing statutory and bank NPA audits, and engineering Credit Monitoring Arrangement (CMA) models that drive capital deployment and ensure 100% regulatory compliance.
State Street Services Pvt Ltd • Pune, Maharashtra, India
Multi-Asset Reconciliation: Executed daily cash and position reconciliations across \$500M+ in multi-asset institutional portfolios (Equities, FX Spot/Forward/Swaps, and Derivatives), resolving breaks under strict T+0/T+1 SLAs.
Exchange Derivatives Oversight: Managed daily futures and options trade reconciliations, eliminating margin calculation discrepancies and ensuring precision in collateral and position reporting.
NAV & P&L Attribution: Validated daily Net Asset Value (NAV) and P&L by accurately capturing asset servicing components, corporate actions, dividend entitlements, and currency fluctuations.
Custody & Trading Desk Collaboration: Partnered with trading middle offices and international depository custodians to investigate and resolve trade breaks, reducing break resolution cycle time by 35%.
FX Deal Monitoring: Monitored high-volume foreign exchange transactions (spot, forward contracts, and swap structures), verifying cash settlements and mitigating counterparty settlement risk.
Reconciliation Automation & UAT: Spearheaded User Acceptance Testing (UAT) for enterprise reconciliation automation engines, designing test cases that enhanced auto-matching throughput by 25%.
Audit Assistant08/2022 – 03/2023
Vikash Goel & Co., Chartered Accountants • Rourkela, Odisha, India
Banking & NPA Audits: Executed statutory and concurrent audits for commercial banks and corporate entities, auditing loan assets against RBI prudential norms to identify NPA classifications and revenue leakages.
Corporate Tax Audits: Led statutory tax audits for private corporations, cross-reconciling general ledgers with GST returns (GSTR-1, 3B, 9C) and verifying corporate tax deduction compliance.
Treasury & Cash Cycle Control: Audited corporate treasury functions including A/P, A/R registers, payroll journals, and multi-bank reconciliations, maintaining 100% variance resolution prior to final ledger freeze.
Audit Documentation & Reporting: Prepared comprehensive audit working papers, financial statement notes, and compliance disclosures under Indian Accounting Standards (Ind AS).
Key Impact Metrics
$500M+
Daily Portfolio Reconciled
99.9%
Daily NAV & P&L Accuracy
35%
Break Cycle Reduction
79%
CMA Final Grp IV Score
Certifications
ICWA / CMA Finalist
Institute of Cost Accountants of India (ICMAI) • Dec 2020
Cleared Group IV: 79% (Distinction)
Specialization: Strategic Performance Mgmt & Business Valuation, Cost Audit. Group III in progress.
ICWA / CMA Intermediate
Institute of Cost Accountants of India (ICMAI) • Dec 2017
Credit Syndication & CMA Modeling: Prepared comprehensive Credit Monitoring Arrangement (CMA) data packets and 5-year financial forecasts for credit facilities, bill discounting, and working capital loans.
Statutory & Cost Audit Support: Participated in Statutory Audits of Private Limited entities and Cost Audits of manufacturing firms, verifying Bill of Materials (BOM) and overhead allocations.
Tax & ROC Compliance: Prepared and filed corporate GST returns, TDS returns, and Registrar of Companies (ROC) statutory forms, maintaining 100% adherence to statutory filing calendars.
Team Leadership: Guided 3 junior interns in revenue reconciliation and voucher audit procedures, introducing quality assurance checklists that minimized audit rework by 30%.
Tech Stack: Automated Matching Engines, UAT Test Matrices, Swift MT5xx Feeds, Control Rules
Accomplished 35% reduction in break cycle time: Co-designed and validated rule-based auto-matching logic for cash, position, and corporate actions during enterprise UAT rollout.
Standardized Margin Controls: Formulated systematic verification matrices for futures and options exchange positions, resolving valuation discrepancies across \$500M+ in daily books.
2. High-Precision NAV & Multi-Currency FX Valuation EngineState Street • Valuation Governance
Tech Stack: Fund Accounting Engines, Multi-Currency FX Spot/Forward/Swaps, P&L Analytics
Maintained 99.9% NAV calculation precision: Instituted rigorous daily controls reconciling spot/forward FX deals and derivative asset servicing components against global depository custody feeds.
Eliminated Valuation Restatements: Established proactive middle-office escalation protocols that resolved trade discrepancies prior to fund cut-off times.
Tech Stack: Banking Audit Protocols, RBI NPA Norms, Loan Asset Verification, Ind AS
Prevented Regulatory Penalty Exposures: Executed structured audit procedures across corporate credit facilities, uncovering interest calculation anomalies and asset stress signals.
Enhanced Audit Velocity: Developed standardized sampling templates for collateral and loan asset verification, expediting bank branch audit sign-offs by 25%.
4. CMA Working Capital & Credit Syndication FrameworkS.S. Sonthalia & Co. • Financial Advisory
Accelerated Loan Sanction Timelines by 40%: Engineered standardized 5-year CMA financial projection models and Maximum Permissible Bank Finance (MPBF) schedules for 15+ corporate clients.
Validated Debt Service Capacity: Modeled ratio sensitivity and cash flow debt coverage ratios (DSCR), securing 100% bank compliance.
Architecture & Practices
T+0/T+1 Break Resolution: Strict SLA-driven investigation frameworks across trade middle offices and custodian depositories.
SOX & Internal Controls: Segregation of duties, four-eye verification principles, and audit trail retention.
UAT Test Engineering: Test scenario design, edge-case validation, exception handling, and regression testing.
Statutory Compliance: Ind AS financial statement preparation, GST reconciliation, and ROC annual returns.
Prudential Norms: RBI banking guidelines on Asset Classification, Provisioning, and Non-Performing Assets (NPA).
Education
Bachelor of Commerce (B.Com)
Accounting Honors • Sambalpur University
Rourkela Municipal College, Odisha
Completed: 03/20191st Class Distinction (70%)
Higher Secondary (+2 Commerce)
Council of Higher Secondary Education (CHSE)
Rourkela Municipal College, Odisha
Completed: 03/20161st Class (82%)
High School Certificate (ICSE)
Pragati Public School, Rourkela, Odisha
Completed: 03/20141st Class (83%)
Personal & Languages
Location: Pune, Maharashtra 412308
Languages: English (Professional), Hindi (Fluent), Odia (Native)
Interests: Fitness & Wellness, Strategic Gaming, Community Volunteering