Hari Narayanan Email & Phone Number

Ernakulam

AuditAccountingTax ConsultancyBusiness Setting UpIFRS TrainingLoan Syndication

Saudi Arabia

• Reporting to Country General Manager and Head of Finance for International Banking Group in Kuwait Overall supervision of finance and accounts division on a day to day basis.  Responsible for preparing quarterly and annual financial statements in accordance with IFRS. Established product controls for treasury derivatives and debt instruments. Responsible for preparation of budgets.  Maintaining the general ledger.  Reporting of segment wise profitability. Established and maintained internal controls. Responsible for accounting policies and procedures for the branch and ensured compliance with the accounting policies and procedures. Ensuring accuracy of daily profit and loss account for various business units. Ensuring monthly MIS reports are prepared accurately and submitted within the deadline. Monthly submission of regulatory reports to SAMA and Central Bank of Kuwait. Developing and automating new MIS reports to suit the requirements of the Management. Liaising with External Auditors, Tax consultants and Regulators.  Tax planning and submission of corporate and withholding tax returns. Part of project team in implementation of Islamic banking products. Representative of the Bank in SAMA CFO Committee.

Uae

• Reporting to Head of the Dept.Financial & Regulatory Reporting Preparation of Quarterly and Annual financial statements of the Bank as per IFRS regulations within the timeframe set for review of External Auditors and Management of the Bank and disclosures to ADSM (Stock Exchange). Prepare GAP reports between Bank’s present reporting and IFRS requirements for Accounting and disclosure requirements as per BASEL II regulations and recommend changes as required for management approval and compliance. Verifying accounting and disclosure requirements as per IFRS 7 and IAS 39 have been complied with for Investments, Derivative Products and other Financial Instruments. Consolidation of Financial Statements of Subsidiaries and Branches in accordance with IFRS.  Prepare monthly and quarterly UAE Central Bank Returns. Coordinate and liaise with External Auditors and Central Bank Inspectors for completion of Annual and Quarterly Audit within the time frame.Management Accounting Monthly analysis of Segment wise profitability and Cost Centre Accounting and computation of Funds Transfer Pricing. Preparation of asset quality sheet for loans and advances and asset quality ratios. Preparation and analysis of Key Ratios. Prepare Reports/Statistics for Board and ALCO meetings, Central Bank inspection, and Exter-nal and Internal Audit requirements.  Assist in the preparation of annual business, profit and strategic plans of the Bank. Prepare vari-ance reports of actual with Projections. Monitor income and expenses versus budget, track variances, recommend corrective actions and follow up on remedial actions to ensure adherence to Budget. Suggest ways for improvement and enhancement of quality of MIS reporting.Others Involved in the implementation of Basel II software project as Finance Dept representative.  Responsible as ‘B’ Group signatory for signing of Bank’s cheques.

Education record

Bachelor’S Degree, Bachelor Of Commerce, First Class