Subramanya Shetti

Experience

• 

  Reliance Infocomm Limited

  Jul 2003 - Jul 2005

  Commercial Executive

  Customer ServiceBank reconciliationsStock ManagementReporting and Validation

• 

  HDFC Bank

  Jul 2005 - Sept 2007

  Junior Officer

  Banking OperationsCustomer ServiceKYC and customer document validation

• 

  Reliance Communications

  Sept 2007 - Oct 2009

  Operations Executive

  Customer ServiceBank reconciliationsStock ManagementReporting and Validation

• 

  Tesco HSC

  Nov 2009 - Dec 2014

  Senior Officer

  -Process and Experience - Payroll Operations and Analysis for UK Addressing queries Locum payroll operations for UK Reporting and validation

• 

  Standerd Chartered, SCOPE International

  Dec 2014 - May 2015

  Senior Officer

  -Process and Experience - Payroll Operations and Analysis for China Scheduled Payroll run and validation Addressing queries

• 

  IBM

  Jun 2015 - now

  • Leading and Developing Teams: Directing training initiatives, facilitating team meetings, updating processes, & spearheading personnel management.• Preparing Internal Reports: Compiling and analyzing key control objective (KCO), service level agreement (SLA), and cost metric reports.• Producing Financial Reports: Ensuring compliance with SOX controls through comprehensive financial reporting.• Engaging Stakeholders: Coordinating and leading client meetings to review deliverables and address concerns.• Ensuring Regulatory Compliance: Preparing statutory and audit reports according to stakeholder schedules.• SOD and SOW: Developed and implemented SOD (Segregation of Duties) and SOW (Scope of Work) metrics to enhance operational efficiency and compliance.• Managing Stakeholder Relations: Maintaining regular communication with stakeholders to understand requirements and address issues.• Implementing Projects: Conducting user acceptance testing (UAT) and implementing new project deliverables. Show less • Engaging Stakeholders: Coordinating and leading client meetings to review deliverables and address concerns.• Conducting Financial Reconciliations: Performing monthly and quarterly balance sheet reconciliations and P&L control reporting.• Performing Flux Analysis: Conducting in-depth flux analysis of P&L and balance sheet accounts on a monthly, quarterly, and annual basis.• Managing Intercompany Activities: Spearheading intercompany activities for the EMEA region, including transfer pricing calculations, journal entries, flux analysis, and reconciliations across nine countries.• Executing True-Up/True-Down Activities: Carrying out quarterly and annual intercompany true-up and true-down procedures.• Collaborating with Accounts Payable: Working closely with the AP team to manage intercompany invoice accounting and quality assurance.• Coordinating with Banking Teams: Liaising with the banking team to process payments and reconcile settlement journal entries.• Resolving IC Imbalances: Analyzing and addressing discrepancies in intercompany imbalance reports.• Prepaids and Accruals: Validating APD file to fix the coding and propose the corrections for further actions. Also preparing amortization schedule for release of expenses.• Spearheading Journal Entries: Managing journal entries for payroll, tax refunds, intercompany transactions, transfer pricing, and accruals.• Ensuring Reconciliation Compliance: Making sure reconciliations conform to US GAAP and local ledger standards. Show less

  • Deputy Manager

    Jul 2018 - now

  • Assistant Manager

    Jun 2015 - Jul 2018