Dharmesh Lalla

Experience

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  KPMG South Africa

  Mar 2003 - Feb 2006

  Article Trainee

  RESPONSIBILITIES- Audit and attestation function for statutory AFS.- Exposure to financial institutions audits – Unit Trust funds, asset management, pension funds, medical aid schemes, short-term insurance and life assurance clients.- Planning, budgeting, risk analysis, designing audit procedures, evaluation and testing of controls, review, supervision and appraisals of junior team members, preparing management reports detailing areas for improvement.

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  Old Mutual LFund Administration

  May 2006 - May 2007

  Fund Accountant

  RESPONSIBILITIES- AFS for UT Funds- Completion of SARB returns for funds- Income tax NIL returns for Funds- Uploading of funds pricing information to Finswitch and Silica.

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  Goldman Sachs

  Jun 2007 - Dec 2007

  Project Analyst

  OVERVIEWLiaising and collection of long outstanding loans from various banks across Europe (Societe Generale, Credit Suisse, UBS).RESPONSIBILITIES- Cleaning up the ledger book by receipting cash received against debtors raised.- Assessing loan recoverability.- Recalculating interest on loans issued based on contract information and comparing to the loan administration system.- Updating and correcting static loan information and trade instructions on the system.- Timeous follow up with banks for the timely settlement of interest due. Show less

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  Metropolitan

  Feb 2008 - Jun 2008

  Financial Accountant

  OVERVIEWAnnual Financial Statements and income tax returns for the 2007 financial year end audit for group subsidiaries as well as fixed asset revaluations.

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  Catalyst Real Estate Financial Services

  Sept 2008 - Nov 2008

  Financial Accountant

  OVERVIEWPreparation of financial statements and income tax returns for dormant entities as part of their deregistrations.

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  State Street

  Jun 2009 - Mar 2012

  Fund Accountant

  OVERVIEWDaily pricing performance review of unitized life & pension funds and segregated portfolios. Reported to the Fund Accounting Manager.RESPONSIBILITIES- Daily fund attribution analysis against benchmark performance and investigation of significant deviations.- Review and analysis of all security pricing information for accuracy and completeness, along with all fund transaction activity for reasonableness.- Reconciliation of the State Street pricing system to the record system of the client.- Manual recalculation of fund NAV prices in the event of pricing errors, recalculating values of underlying instruments (bonds, derivatives) in the portfolio and subsequent adjustment to client transactions.- Processing and paying out all monthly management fees out of the portfolio to the fund manager.- Liaising with the client liaison officers of Investec when delivering prices, dealing with ad hoc queries, and managing SLA expectations.- Overseeing the transactional management teams- Documentation of all processing functions and pricing functions highlighting controls.- Liaising with external auditors. PROJECT a. Implementation of the restructured Capital Alliance funds- Setup and implementation of new building block portfolios- Transferring of static fund data- Parallel testing of fund transactions and performances.- Documentation of the “as-is” structure and the “to-be” structure. SYSTEMSMCH (State Street pricing system) Show less

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  Sanlam Investments

  Feb 2013 - now

  Investment Management & Financial Accountant

  OVERVIEWMy current role involves monthly financial and management reporting to the executive of the Collective Investments Schemes. Reporting provided includes profitability analysis against budget and forecasting for the year. Prepare and compile the monthly financial management information, scorecards, analytics to the SCI business and investment cluster. Report to the Financial Manager and manage 2 financial assistants.RESPONSIBILITIES- IFRS reporting - Inter-group company confirmations - Tax compliance - Regulatory compliance - Annual budgeting and forecasting.- Monthly general ledger review and accruals.- Analytical reviews - Administrator and authoriser on ABSA and FNB banking applications.- Collaborating with management and stakeholders (internal and external) - Continuous review and assessment of all operational controls to minimize any business and reputational risk.- Liaising with external and internal auditors- Overseeing and supervision of 2 financial assistants.PROJECTSa. Automation of management reporting processb. Walker to JDE Migration c. Automation of service fees and rebates uploadsd. Cost analysisSYSTEMSWalker, JDE, HFM, MS Office. Show less