Balakrishnan A

Results-driven finance professional with 9+ years of progressive experience in accounting, financial reporting, taxation, and audit operations. Currently serving as Deputy Manager – Finance & Accounts at IDBI Capital Markets & Securities Limited, Mumbai. Demonstrated a consistent record of managing complex AIF fund structures, ensuring regulatory compliance, and delivering accurate financial reporting.

Strong analytical, problem-solving, and critical thinking abilities. Detail-oriented professional with strong logical reasoning and decision-making skills. Effective written and verbal communication with the ability to present information clearly and concisely.

Proficient in financial analysis; skilled in reconciliations, percentages, ratio analysis, and numerical interpretation. Experienced in handling accounting software, financial reporting tools, and ERP-based platforms. Ability to manage multiple tasks efficiently while maintaining accuracy and compliance standards.

Strong understanding of accounting processes and systems, internal controls, and operational procedures. Demonstrated patience and expertise in managing complex cases. Passionate about ethical business practices, process efficiency, and contributing to organisational growth.

Deputy Manager – Finance & Accounts - IDBI Capital Markets & Securities Limited - Mumbai

(2017-06)

Corporate Accounting & Financial Reporting

• Managed IDBI Bank group reporting compliances, including balance confirmations, financial figures in consolidated package formats, and related party transaction disclosures.
• Led quarterly limited reviews and annual finalization of financial statements per IGAAP; provided data to statutory auditors as per audit requirements; holds working knowledge of IND-AS.
• Maintained books of accounts on Tally Prime Gold (with Edit Log Audit Trail); passed accounting entries for income, expenditure, assets, and liabilities with appropriate cost centres.
• Prepared branch expense MIS reports for management decision-making.
• Compiled financial data for CARE credit rating.
• Managed Internal Financial Controls (IFC); reviewed detailed SOPs and Risk Control Matrices across key business functions, ensuring adequacy and operating effectiveness.
• Served as primary liaison with external auditors during annual reviews, ensuring full adherence to statutory and industry standards.
• Conducted regular balance sheet account reconciliations, maintaining accurate records for management and audit purposes.
• Solely responsible for end-to-end accounting of two SEBI-registered Category I & II AIF Funds (Pass-Through Entity) with aggregate corpus of ~₹567 Crores, and two Government of Maharashtra–backed investment funds with corpus of ~₹380 Crores — total AUM ₹947 Crores — under SEBI (Alternative Investment Funds) Regulations, 2012.
• Managed bookkeeping, finalization of accounts, and documentation including workings for NAV computation; ensured NAV Reconciliation data was provided to contributors/unitholders of AIF funds.
• Coordinated vendor payments and investment approvals with the AIF business team; liaised with bank officials for fund-level payments, investments, and transaction documentation.
• Managed Internal and Statutory Audits for all AIF entities and Investment Funds, co-ordinating with audit teams on queries and data requirements.
• Ensured strict adherence to fund documents — Private Placement Memorandum (PPM), Contribution Agreement, Trust Deed, Engagement Letter, and Investment Management Agreement.
• Responsible for handling Income Tax, Advance Tax, and TDS compliances in full — calculations, payments, and timely return filing per statutory due dates; co-ordinated with tax advisors on complex matters.
• Responded to Income Tax notices and managed faceless scrutiny assessments end-to-end.
• Filed annual statutory forms (Form 64D and 64C) for Category I and II AIF funds within due dates.
• Provided financial figures and data for newsletters and status reports for internal management decision-making.

Articleship — Accounts & Audit Assistant - S V A B & Associates, Chartered Accountants

(2012-04 - 2017-06)

• Monitored preparation of statutory books of accounts, bank reconciliations, and consolidated reports within time and accuracy norms.
• Administered financial statements — trial balance, P&L account, age-wise accounts payable and receivable, and balance sheets.
• Detailed analysis of financial data by applying advanced financial management concepts.
• Conducted detailed audit procedures including vouching of income and expenses, verification of assets and liabilities, and physical asset verification.
• Prepared working papers, reports, and supporting documentation for audit findings.
• Conducted technical and analytical reviews of tax returns; identified qualified deductions and resolved tax filing errors.
• Conducted detailed analysis of financial data by applying advanced financial management techniques and concepts.
• Clientele spanned banking, co-operatives, and real estate — both corporate and non-corporate entities.

CA Final – Group II - Chartered Accountancy - The Institute of Chartered Accountants of India (ICAI) (2020-11 - 2020-11)

B.Com - Commerce - V.K.

Krishna Menon

College — Mumbai University (2012-03 - 2012-03)

HSSC (12th Standard) - V.K.

Krishna Menon

College — Maharashtra State Board (2009-02 - 2009-02)

SSC (10th Standard) - Mahila Samiti English High School — Maharashtra State Board (2007-03 - 2007-03)