SACHIN B BALAK
NASHIK
Summary
Accomplished finance and accounts professional with extensive experience in financial operations, regulatory compliance, and customer support. Currently serving as a Manager at HDFC Bank Ltd, overseeing cheque clearing operations and managing NEFT and RTGS transactions with precision. Previously held the position of Head-Finance & Accounts at BLVD HOTEL and Restaurant, where financial performance was optimised through strategic budget development and rigorous compliance oversight. Demonstrated leadership in managing financial processes at The SSK Solitaire Hotel & Banquets. Skilled in transaction verification, risk assessment, and IT proficiency, with a proven track record of enhancing operational efficiency. Aspires to leverage expertise in finance to drive organizational success and innovation. Accomplished Banking Professional with expertise in Financial Operations, Regulatory Compliance, and Customer Support. Managed inward and outward clearing operations, ensuring accuracy and compliance through rigorous transaction verification. Led the inwards return process for sub-member banks, driving operational excellence while delivering exceptional service to customers and stakeholders.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Manager
HDFC Bank Ltd
05.2021 - Current
- Manage responsibilities associated with inward and outward clearing of cheques, including signature verification, communication with customers regarding rejected cheques, and confirmation of relevant transactions.
- Address inquiries from customers, branches, and other financial institutions with professionalism and efficiency.
- Provide support to other business units as required, handling additional duties assigned by the manager.
- Maintain a rigorous segregation of controls, conducting daily pre-checks before scanning cheques for processing.
- Execute call-back activities and verify reports, ensuring the accuracy of entries in deposit/challan/instruments/electronic data.
- Organize and maintain records, including supporting statements and vouchers, with a focus on accuracy and completeness.
- Ensure the timely processing of all cheques within designated cut-off times and adhere to permissible return timelines.
- Manage the processing of NEFT and RTGS transactions in accordance with established procedures.
- Oversee the ENet System, ensuring its effective functioning and addressing any issues that may arise.
- Handle government calls and negotiations for sub-member banks, facilitating smooth processes and compliance.
- Head the inwards return process for sub-member banks, combining and overseeing the necessary procedures with precision and professionalism.
Head-Finance & Accounts
BLVD HOTEL and Restaurant
05.2018 - 05.2021
- Oversaw and analyzed the financial performance of the company, implementing robust maintenance and monitoring practices.
- Conducted regular weekly and monthly assessments, and prepared comprehensive reports for submission to higher authorities.
- Collaborated with individual departments to develop tailored budgets that aligned with their specific requirements, optimizing financial planning.
- Ensured meticulous adherence to legal and regulatory standards to maintain the company's compliance framework.
- Conducted in-depth cost and profit analyses to provide valuable insights into past financial trends and areas for improvement.
- Established secure processes to safeguard the confidentiality of company data, implementing measures to mitigate potential risks and threats.
Head-Finance & Accounts
The SSK Solitaire Hotel & Banquets
08.2015 - 05.2021
Management Trainee (Finance & Accounts)
Sula Vineyards
08.2014 - 08.2015
- Nasik
Account Assistant
Yogesh Sawant (Tax Consultant)
05.2011 - 08.2012
- Nasik
Education
MBA - Finance & Marketing
2015
B.Com -
01.2012
Skills
- Financial operations
- Regulatory compliance
- Customer support
- Inward and outward clearing operations
- Leadership
- Academic research
- Financial analysis
- Budget development
- IT proficiency
- Project management
- Performance monitoring
- Transaction verification
- Compliance oversight
- Risk assessment
PAPER PRESENTATION
Mutual Fund as an Investment Option: Case Study of Reliance Mutual Fund, KRSCMS Management Journal, 2230-8607, 04, 2014
Projects
Evaluating Equity Diversified Fund Performance, 2 Months, Reliance Capital Asset Management Limited (RCAM), Financial Services
Training
- Emerging Trends in Management and Management Education, 2014
- Government Economic Initiatives: A Matter of Sustainability, 2013
Languages
Marathi
Proficient
C2
English
Proficient
C2
Hindi
Proficient
C2
Certification
- NISM deposit operations
Interests
- cricket
Timeline
Manager - HDFC Bank Ltd
05.2021 - Current
Head-Finance & Accounts - BLVD HOTEL and Restaurant
05.2018 - 05.2021
Head-Finance & Accounts - The SSK Solitaire Hotel & Banquets
08.2015 - 05.2021
Management Trainee (Finance & Accounts) - Sula Vineyards
08.2014 - 08.2015
Account Assistant - Yogesh Sawant (Tax Consultant)
05.2011 - 08.2012
Sapkal Management College - MBA, Finance & Marketing
Kr. VN Naik Arts, Commerce & Science College - B.Com,