Raman Arora
Chief Manager at Punjab & Sind Bank- Claim this Profile
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Bio
Credentials
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Forensic Accounting and Fraud Detection
The Institute of Chartered Accountants of IndiaJan, 2021- Nov, 2024 -
Diploma in Information System Audit (DISA)
The Institute of Chartered Accountants of IndiaJun, 2016- Nov, 2024 -
Certified Associate of Indian Institute of Banking and Finance (CAIIB)
Indian Institute of Banking and FinanceJan, 2015- Nov, 2024
Experience
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Punjab & Sind Bank
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India
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Banking
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100 - 200 Employee
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Chief Manager
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Apr 2021 - Present
• Currently heading a team 5 people for the Financial Accounting, Planning and Analysis role.• Analyze financial data and use financial models for forecasting for submission to various agencies for compliance.• Preparing reports and presentations for the Board Members after analyzing the budgeted figures with the actual figures on various parameters i.e Profits, Sales and Profit Margins.• Enabled the senior management in strategic decision-making by providing concise financial reports on financial performance, fund management, cash flow and liquidity management, profitability, etc.• Preparing project and ad-hoc reports as per the requirement of the management/board on urgent matters.• Submit reports on the reasons for deviations from budgeted and actual and corrective actions required.• Scenario Planning considering various scenarios for projects level and for company as a whole.• Produce models to project long-term growth, accounting for factors that will impact performance.• Analyzed financial and operational results of the company to better understand the company’s overall financial health.• Submit results and recommendations to senior management that will lead to revenue generation, cost reduction and more efficient operations.
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Senior Manager
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Jun 2018 - Mar 2021
• Currently heading Financial Accounting, Planning and Analysis.• Analyze financial data and use financial models for forecasting for submission to various agencies for compliance.• Preparing reports and presentations for the Board Members after analyzing the budgeted figures with the actual figures on various parameters i.e Profits, Sales and Profit Margins.• Enabled the senior management in strategic decision-making by providing concise financial reports on financial performance, fund management, cash flow and liquidity management, profitability, etc.• Preparing project and ad-hoc reports as per the requirement of the management/board on urgent matters.• Submit reports on the reasons for deviations from budgeted and actual and corrective actions required.• Scenario Planning considering various scenarios for projects level and for company as a whole.• Produce models to project long-term growth, accounting for factors that will impact performance.• Analyzed financial and operational results of the company to better understand the company’s overall financial health.• Submit results and recommendations to senior management that will lead to revenue generation, cost reduction and more efficient operations.
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Manager
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Jun 2014 - May 2018
• Have handled large corporate credit, MSME Credit Proposals of different sectors/Industry (NBFC, Project Financing, Infrastructure, Export Credit/Import Credit) with a team of 10 people.• Credit appraisal by analyzing Financials, CAM, CIBIL, Legal, Technical, FCI, and FCU Reports and assigning rating to the borrowers on the basis of various parameters including industry scenarios, profitability, DSCR, TOL/TNW, probability to default etc.• Non fund based assessment (LC and BG) both domestic and foreign in compliance to UCPDC guidelines.• Sensitivity analysis of projected financials submitted by the borrowers and achieving at true financial positions of the borrowers in terms of profitability and other financial aspects.• Assisting in making debts covenants and defining positive and negative debt covenants.• Doing discussions with Customers regarding their requirement and understanding their business/workings.• Detailed rent roll analysis for accessing revenue generation probabilities and matching that with repayments of the borrowers.• Foreign Exchange Credit appraisals including import credit and export credits.
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SKA INFRASTRUCTURE PRIVATE LIMITED
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India
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Construction
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1 - 100 Employee
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Accounting Manager
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Sep 2013 - May 2014
• Prepared statutory books of accounts, financial statements, reconciliation statements & fixed assets registers to ensure compliance with time and accuracy norms • Checked and drafted responses to notices served by Service Tax and Value-Added Tax departments • Supported the IT team in the implementation of accounting process improvements • Enabled the senior management in strategic decision-making by providing concise financial reports on financial performance, fund management, credit control, administration, profitability, etc. • Identified opportunities for continuous improvements in revenue growth by compiling and analyzing business performance data through MIS reports • Examined and exercised control over local/interstate purchases & sales registers, and stock transfer details • Compiled and consolidated accounts and financial statements • Interpreted cash flows of projects and identified effective mechanisms to curtail financial risk • Independently managed all taxation activities pertaining to filing income tax returns, value-added tax, service tax, tax deducted at source, and tax collected at source • Evaluated end-of-year physical stock in accordance with accounting standards set by the ICAI • Reviewed and computed TDS for deposit with the government
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Education
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2008 - 2013
The Institute of Chartered Accountants of India
Chartered Accountant, Accounting and Finance
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