Shiv Kumar Email & Phone Number

Toronto, On, Ca

Toronto

I work in the Shareholder reporting department within Chief Accountant's managing the process of Management's Discussion and Analysis (MD&A) for the Bank's quarterly and annual reporting. My previous roles in the Bank within finance included:Working on a project for corporate allocations as part of an enterprise wide initiative to streamline segment reporting.Regional controllership with responsibility for accounting and reporting for consolidation entities supporting wholesale banking using PSGL, Hyperion, Cognos and various source systems.Independently mapping and setting up financial statements from end-to-end for all of Asia Pacific and UK entities.Leading a team in processing accounting adjustments based on analysis & accounting guidelines and provide commentary on financial statements articulating drivers contributing to variances.Providing concise business analytic to senior management to support executive decision making by focusing on key performance drivers.Accounting & reporting equity pick up income and shareholding ownership relating to Bank’s significant investments in unconsolidated subsidiaries including investment in TD Ameritrade.Responsibility of proper maintenance of g/l accounts, ensuring accuracy of mapping, monthly closing and sign offs. Preparation and review of notes to financial statements, MD&A and Supplementary package disclosures that include for derivatives, impact of accounting hedges, fair value of hedges.Reviewing information for regulatory returns to OSFI, Bank of Canada, and Stats. Canada and interacting with internal and statutory auditors for quarterly and annual audit of financial reporting.Control ownership of SOx processes in the group with strong overview of operating environment.Coordinating implementation of IFRS standards for wholesale banking and provide advising on PSGL enhancement projects, testing of the upgrade prior to live conversion.Solid knowledge of financial statements.

Toronto, Canada Area

- Managed a team of 3 people with1 direct report and my function included:Providing senior management with performance measurement reports including analytics for supporting key business decisions.Working closely with product group in implementing products and addressing accounting issues.Leading the planning and forecasting team for business and commercial banking and working closely with senior leadership in evaluating strategic initiatives and determining the impact on P&L. Providing adjustments based on the business variance analysis and accounting issues. Working closely with treasury operations for identifying and reporting the impact of interest rate and fx hedges for management reports and providing the P&L statement using the matched maturity funds transfer pricing methodology. Perform adhoc scenario and what if analysis including presentation to senior management on monthly performance and business issues.Supervise and work on adhoc projects like identifying and analysing growth capacity for products and business lines and designing reports for business heads based on requirements.Coordinating SOx and other regulatory compliance issues for the business line.

Toronto, Canada Area

- Managed a team of 3 people with 2 direct reports and my function was:Responsible for preparing annual business plan and forecast P&Ls for Canadian banking business including calculation of economic capital of the division and with funds transfer pricing methodology.Provide senior management with variance analysis on actual versus plan and forecast and commentary on key business indicators at product levels.Supervise a team in the detailed calculation of interest margins, non interest revenues, equity and value of capital calculation of the business segment.Perform sensitivity and scenario analysis to provide value added information and inputs to business managers to enhance net product margin and pricing of new products.Provide Corporate Finance Department with some of the key calculations that drive interest yield forecast for various products.

- Managed a team of 3 people with 2 direct reports and my function was:Quarterly forecasting and budgeting performance of the bank’s key business divisions based on strategic vision using funds transfer pricing.Analyzing and explaining variances between actual and budgeted performance, commenting on performance of peers and providing key performance indicators to facilitate decision making process including preparation of business case reviews. Associated with annual audits of the bank by statutory auditors.Preparing daily product profitability reports, assisting in development of new products by analysing product contribution and ensuring adequacy of systems and procedures.

Completed Cpa

Bachelor Of Commerce (B.Com.), Accounting And Finance