Surya Narayan Singh

Experience

• 

  OM LEISURE HOLIDAYS PRIVATE LIMITED

  Apr 2010 - Mar 2012

  Account Executive

  - Maintained accurate and up-to-date records of all the financial transactions of the company- Verified all the transactions with vouchers, managed petty cash expenses- Reconciliation of accounts receivable/payable, all ledgers and banks- Prepared invoices & remittances, followed-up with clients & vendors- Maintained all the books of accounts and Provided support to Auditors- Supported department’s goal setting, provided accurate, timely and relevant reports

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  Diamond India Limited

  Oct 2012 - May 2024

  - Pricing of Gold and Silver with suppliers & Cover Forex positions on spot and forward- Developed Bullion Market & set-up procedure to provide export Gold in small denomination - Efficiently managing inventories across Centre and placing NOC for stock transfer with suppliers- Sustaining long-term relationships with clients for smooth business operations across India- Validating and placing release request of metals for different locations with suppliers- Tracking Price Moments of Precious Metals in order to analyse and understand daily markets trends- Generated more revenues by amending and early utilizing of trades with suppliers and banks.- Negotiating Premiums with International Suppliers while sourcing Precious Metals - Administering KYC for the customers, managing on-boarding, negotiating terms with clients- Maintaining P/L Statements of Trading Desk on monthly basis and enhance the sales productivity- Understanding the Risks associated with various financial transactions & control the same- Reconciled Daily Buy and Sell Transactions of supplier and clients to ensure the net position- Leading and Monitoring the performance of team members to ensure efficiency in operations - Providing regular market view and policy updating to clients for ensuring client’s satisfaction- Well experienced in handling the front desk, operation and back end Show less - Handled the Invoicing of Trades & arranged of funds for remittance on Value date- Submission of Compliance Reports to GJEPC, Stock and Bond Report to Customs on monthly basis- Processed for clearance of consignments, approval of BOE checklist & payment of custom duty- Verified KYC documents for account opening, BGs and draw down letter for Metal loan of clients- Submitted Remittance Papers to banks and settled payments to overseas suppliers- Export Activity like Export Scrutiny, Updating export documents & Margin Refund to Exporters- Worked on Metagrid Software from A to Z Bullion Business and performed daily system EOD- Custom Duty funding on behalf of clients and charged interest to them as mutually agreed Show less - Reconciliation of logistic Bills, Stock Position & Client’s Ledger on regular basis- Preparation and reporting of Daily & Monthly MIS of all operational activities- Funding and Refunding of Client's Margin Account and Issuing Delivery Orders of Metals- Monitoring MTM Positions of clients for trading and made margin calls to clients regularly- Bill of Entry Knock off, Booking letter of USD for Spot & Forward submitted to Banks- Prepared Stock Transfer Papers for inter/intra state stock movement and coordinate with logistic- Checked Daily Trades from deal slips and reconciled the same with suppliers Show less

  • Manager (Bullion & Forex)

    Apr 2016 - May 2024

  • Deputy Manager - Bullion

    May 2014 - Apr 2016

  • Assistant Manager- Bullion

    Oct 2012 - Apr 2014
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  Reliance Retail

  Dec 2023 - now

  Assistant General Manager

  . Leading the Bullion Treasury team of Reliance Retail Ltd (Reliance Jewels).. Managed pricing of Bullion and currencies in Spot, Futures, and Forward with banks.. Led the bullion hedging strategy across OTC and MCX platforms to mitigate the pricing risks.. Oversaw the purchase and sale of gold and silver from bullion dealers across India.. Handled the Murex Software and managed daily MTM and Bullion Position on MCX.