1. SANJEEV KUMAR TIWARI
(Chartered Accountant)
Contact Number(s): 9560701198, 9650730867
Email: - casanjeevtiwari@gmail.com
CAREER GOAL: Seeking a challenging position in an organization wherein my skills are effectively
utilized to contribute organizational success, growth and goal.
SYNOPSIS
 Currently handling process of Wealth Management, Investment Banking & Assets Management for GL
closing, month end close, Fund accounting, financial review, variance analysis, VAT and cash management
& reconciliation as legal entities controller for a leading Swiss bank for EMEA region.
 Worked with The World Bank group under controllers’ department.
 An incisive professional with over 9 years of post qualification experience in Financial Reporting & Analysis,
Business Operations & MIS Reporting, Preparation of Financial Statements (under US-GAAP) and
Management Discussion & Analysis (MD&A), Variance Analysis.
 Well versed with controller’s function and reporting with respect to financial accounting, GL closing and
variance analysis.
 Advanced knowledge of IFRS reporting standards and practices to meet client requirements.
 Working experience in different financial and accounting systems.
 Preparation & Development of stringent control framework wherein KPCs are mapped with PCs.
 Possess analytical and research skills combined with a solid understanding of business issues and
processes. Ability to move the business forward through continuous improvement efforts.
 Effective communicator with excellent numerical abilities & ability to work under pressure. Possess a
flexible & detail oriented attitude.
AREAS OF EXPERTISE
- Financial Reporting - Financial instruments Analysis - US GAAP reporting
- MD&A Reporting - MIS Reporting - MBR/QBR presentation
- 10Q & 10K Reports - External reporting - IFRS reporting
ORGANISATIONAL DETAILS
Currently working as Sr. Manager with HCL group for the client UBS AG pioneer in Wealth
Management, Investment Management and Assets Management from 15th
November’13 till date.
Roles and Responsibilities in HCL for banking client:
- Adhering IFRS for closing the GL on monthly basis in R2R process.
- Finalization of balance sheet and P&L as Legal Entity Controller (LEC).
- IFRS knowledge on IAS 16, IFRS 15, IFRS 09, IFRS 10 – 12, IAS 19, IFRS 2.
- Handling legal entities controller’s role for more than 25 legal entities falls under 7 different countries
(Luxembourg, France, Germany, Sweden, Netherlands, Spain and Jersey) in EMEA Region.
- Currently handling 29 team members in Legal Entity Control team for WM, IB & AM processes with
respect to GL closing, month end close, financial review, Sox balance sheet and P&L pack, VAT accruals
and declaration and cash management & reconciliation process, cash settlements (Hard cost
transfer)of intercompany balances.
- Review of variances on daily P&L and Balance Sheet for the variances more than 5% or EUR 50K
whichever is lower.
- Review of Flash expense report on weekly basis for Luxembourg, Germany & France locations
- Monthly review of financial close package (FCP) for final submission of GL close to client.
- Weekly governance and monthly VC discussion with client to obtain feedback.
- Stringent adherence of EMEA control framework, reviewing and improving processes, controls and
systems that impact the financial information related to legal entities.
- Client handling, SLA preparation, governance calls, minutes of meeting, responsibility & ownership
over the work performed within the team, ensuring adherence to timetable and work plan while
maintain interaction calendar and maintaining high quality of the deliverable.
- Reviewing the accruals of expenses and income for legal entities during month end close for Journal
Entries more than EUR 50K.

2. - Reviewing the accruals of fund fees income and database of fee income falls under Assets Management
vertical.
- Reviewing of ETF fees plausibility check with custodian bank as per IFRS 15.
- Reviewing of whole sale, institutional and administrative fund fees.
- Deferred tax and CIT review during month end close cyle.
- GCRS (Group Consolidation and Reporting System) sign-off based on which onshore controller of EMEA
region will sign-off the numbers.
- BCS sign-off which allows Balance Sheet control group to substantiate the numbers for group
controlling.
- Working closely with 7 controllers of UBS and assisting them in signing-off financial close pack.
- Successful support in implementation of Single Cost Ledger in SCL.
- Successful implementation of workflow tool Toscana.
- Addressing issues related to processes with team in daily huddles.
- Maintaining C-SAT on half-yearly.
- Consistent maintenance of SLA with client delight.
- Close co-ordination with SSAE16 auditors, Group internal auditors and external auditors for supports in
conducting audits.
- Assigning the Goals to the team for the whole cycle of appraisal.
- Feedback and mid-year appraisal close for the team.
- Year end appraisal and performance feedback along with rating (i-success) .
Current Accomplishment:-
- Handled FIRST pilot project while leading the team of 8 FTEs in history of banking client for EMEA
region.
- Process went live on target date without significant escalation.
- Best Manager and Team award for Q3’15 and Q2’16.
- First manager to open the offshore door for the UBS for EMEA region.
- Additional revenue to HCL while adding 21 FTEs rom 8 FTEs.
- First country lead who led down foundation of control framework consists of Interaction calendar,
SOPs, KPIs, KPC-PC and change management for offshore activities.
- Prepared new control templates during onshore KT for Balance Sheet and P&L sox files.
- Based on performance and best track record, gained the position of lead for entire EMEA region.
PAST EXPERIENCE
Worked with The World Bank group (International Bank for Reconstruction &
Development/International Development Association) from 5th
September’11 to 7th
November’13
Joined The World Bank on 5th
September 2011 as a Manager in Financial Reporting & Analysis under controller’
VPU (CTRFA).
Process- Financial Reporting & Analysis (CTRFA)
The Financial Reporting and Analysis Group are responsible to act as an oversight body for the IBRD & IDA.
The group is the final authority to review, analyze, prepare and publish the results in Financial Statements for
its Management and stake holders. The CTRFA team is also responsible to analyze the Assets and Liabilities of
IBRD & IDA. The CTRFA team is submitting the following monthly reports to its Management; - Flash Report,
Monthly Financial Report, and Finco report. The team is also responsible to produce following quarterly and
annual reports: - Quarterly condensed MD&A and Financial Statements, Annual MD&A and Financial Statement
under US-GAAP and Audit Committee letter.
Accountabilities with World Bank:-
Financial Reporting & Analysis department:-
Month End Closing, Reporting and Analysis along with quarter/year end reports:-
- Currently handling two business units i.e., Investment and Credits as oversight function for IDA.
- Month end analysis of Net Assets Value (NAV) of Investment portfolio of IDA held for trading with
respect to bench mark returns.
- Analysis of yield curves which are primary drivers for investment portfolio held for trading.
- Analysis of Translation adjustment (TA) due to movement in foreign exchange rates.
- Analysis of Mark-To-Market unrealized gains/losses arrived due to movement of yield curves and forex
rates.

3. - Finalization of monthly Flash Reports for lending data and commentary.
- Review of Trial Balance of Investment BU and other inputs for the month end close.
- Review of reconciliation of Treasury accounting system submitted by IDA Investment accounting team
with Chart of Account of Investment maintained under SAP-FI.
- Review the reconciliation of Treasury data operating system (TODS) with Treasury accounting system.
- Review the securities trades which are pending at the end of month.
- Review the consistency of Investment portfolio under fair value guidelines approved by Board.
- Review the cash flow movement of Investment NAV related to cash received on investment sold and
check whether cash is properly utilize to disburse the Credits.
- Variance analysis of Investment Trial Balance impacting the Balance Sheet and Income statement of
IDA.
- Preparation of Investment Trial Balance summary for monthly sign off meeting.
- Analysis of Trial Balance and input data received from Business Unit for IDA Credits (Loans & Credits
Business Unit).
- Review the consistency of service charges (75 bps) income on IDA Credits portfolio.
- Review the accrual and non-accrual status of borrowers.
- Review the IDA’s credits and grant commitment, gross and net disbursement with the lending
projections.
- Review the Trial Balance and lending inputs received from Loans BU with the Chart of accounts
maintained in SAP-FI.
- Preparation of Trial Balance summary & analysis for IDA Credits for month end close meeting.
- Performed as Task Team Lead for Monthly Financial Reports (MIS of IBRD & IDA).
- Resolve the queries and questions of team members related to monthly financial reports.
- Review and auditing of Monthly Financial Reports.
- Team handling, co-ordination and co-operation to meet the deadline for monthly financial reports.
- Analysis of Monthly Financial Reports and discussion of key drivers/information with HQ TTL.
Quarter/ Annual Reporting (similar to 10Q and 10K):-
- Preparation and Analysis of Condensed Management Reporting and Analysis (MD&A) for IBRD.
- Preparation of Selected Financial Data for quarter end MD&A.
- Overview of IBRD on the operations, results, risks and management of all of them.
- Preparation of Managements’ explanation on key drivers which are impacting results, assets, liabilities
and obligation of IBRD in MD&A.
- Explanation on fair value income and allocable income and the key drivers of those incomes.
- Reconciliation of Balance Sheet and Income Statement presented under MD&A with the Balance Sheet
and Income Statement presented under FS.
- Analysis of Fair value Balance Sheet and Income Statements along with commentary in MD&A.
- Reconciliation of Fair value Balance Sheet and Income Statements with Reported Basis Balance Sheet
and Income Statements.
- Explanation of Management’s intention on Borrowings and Investments Portfolio in MD&A. Why the
size of the portfolio increased or vice versa.
- Explanation on management of liquidity, interest rate, foreign exchange and counter party risk related
to Loans, Investment, Borrowing and Swaps portfolio.
- Explanation on strategy of IBRD to bear the risk presented in the form of Equity to Loans ratio (23% to
27% is target risk bearing capacity).
- Preparation of relevant Notes to Condensed Financial Statements of IDA (e.g., Note C for Investment,
Note D for Derivatives and Note E for Credits).
- Review disclosure under FAS-157, 161 and 140 related to IDA investment portfolio.
- Review of fair value of collaterals received under Reverse Repo and collaterals pledged under Repo.
- Review of notional exposure related to different investment products with the counter parties.
- Detailed review of financial instruments falls under Level 3 for FAS-157 & 161.
- Pricing review of investment securities showing price variance of 10% or more.
- Review of FAS-91 related to loan origination costs for IDA Credits and its amortization.
- Segment reporting of IDA Credits under six different zones presented under Note E.
- Analyzing the borrowers who are contributing 10% or more in IDA’s service charge income.
- Review of Credits loss provisions charged against the Credits disbursed to borrowers.
- Five years information of key drivers of IBRD related to lending data, Equity-to-loans ratio, total
Assets, transfers out of World Bank, operating income, Borrowing portfolio & Investment portfolio.

4. Past experience other than World Bank group
- From 25th
May 2009 to 31st
August 2011 with Infosys BPO Ltd. Team Lead (Band JL-4)
- Leading a team of six team members for US based Client (Charles Schwab Corporation) engaged in
Broker-Dealer and Banking Operations in US.
- From 5th
April’08 to 13th
May’ 09 worked with SMC Global Securities Ltd. (Indian Broker
House)
- Leading a team of three personnel in Reporting Department to handle the Financial Reporting and
Analysis, preparation and filing of Financial Statements per Indian GAAP.
- From April’04 to June’07 Completed Three years Articleship from M/s G.M. Kapadia & Co.
Chartered Accountants, New Delhi and from June 2007 to March 2008 continued as Assistant
Manager-Audit Division with G.M. Kapadia & Co. (Chartered Accountants).
PAST ACHIEVEMENT
The World Bank
- Washington DC team asked to visit HQ for value additions in terms of streamlining Monthly Financial
Reports (FMIS)
- First member in the reporting team who visited HQ within the joining of three months.
Infosys BPO Ltd.
- Received the “Individual Extra Miler-Appreciation Certificate” for the Charles Schwab process in
Infosys BPO Ltd for quarter ending December 2009.
- Received the Top performer-“Star Performer-Appreciation Certificate” for Quarter June 2010 from
Chief Operating Officer.
- Successful completion of Onsite Training from 16th
Jan 2010 to 19th
Feb 2010.
- Client called for Second Onsite training being best performer in Reporting process.
- Process improvement and process re-engineering.
- Process Templates preparation for effective and efficient work.
ACADEMIA
 First Attempt Chartered Accountant from The Institute of Chartered Accountants of India in May 2007.
(Group I Marks obtained 66% & Group II Marks Obtained 60%).
 B.Com (P) from Delhi University -Ram Lal Anand College (Marks obtained 55%) in 2000.
 Pursuing IFRS Diploma from ACCA.
IT SKILLS
Software : Operational knowledge of ERP i.e., SAP, Oralce and Tally
MS Tools : MS Office (Extensive use of MS-Excel for reporting & analysis), Macros recording for
streamlining of Process, Power Point presentation.
PERSONAL DETAILS
Date of Birth : May 16, 1979
Father’s Name : Mr. S.N. Tiwari
Marital Status : Married
Permanent Address : RZ-93/A, Madan Puri, Street No. 9, West Sagar Pur, New Delhi-46
Present Address : T1/206. Paras Tierea, Sector-137, Noida, U.P.-201301
Passport No. : H4299074
VISA : Holding G4 Visa (secured stamping from The World Bank) and USA
B1/B2 Visa (Expiry of B1/B2 Visa June 2019)
Expected Salary : Negotiable
Place: Noida
Date: SANJEEV KUMAR TIWARI