Shruti Tandale
Mumbai,Maharashtra
Summary
A dynamic, result and process oriented seeking a position in the area of Management and Finance. Success driven and ambitious Finance Professional with 5.5 years of experience in the Banking Industry across Internal Audit, Credit Team and Business Loan Group. Ability to thrive in a team oriented environment and add significant value to clients. Strong analytical and problem solving skills complemented by a passion for Credit analysis. To be the Best in whatever I do and to work in an environment which adds value to my Professional Life.
Overview
14
14
years of professional experience
Work History
Manager II
ICICI Bank Ltd
02.2016 - 08.2021
- Relationship Manager (July 2019 - August 2021), Business Loan Group: Evaluate loan applications for Working Capital and Term Loan upto 10 Cr Portfolio Size.
- Access the creditworthiness and risk in compliance with the bank's policies and industry regulations.
- Collaborate with the Credit and Underwriting Teams to ensure accurate and timely loan approvals.
- Facilitate the disbursement of funds once the sanction is in place, through coordination with various internal groups.
- Complete post-disbursement documentation activities in coordination with control groups such as Legal, Compliance, Lending, and Service Operations, etc.
- Ensure the stability of income from the existing set of clients, and explore avenues for new income generation from both existing and new clients.
- Use credit knowledge and knowledge of various products for deal structuring.
- Maintain relationships with business banking to originate business.
- Manage relationships with the customers by increasing the book size.
- Area Credit Manager (April 2017 - June 2019), Personal and Business Loan Credit Team: Analyzing the creditworthiness of the applicant.
- Due diligence of the borrower through CIBIL, CPCS, and de-dupe checks.
- Preparing a credit pitch based on the policies.
- Investigating and visiting the premises of the applicant.
- Accepting or declining the loan application based on the investigation done.
- Handled a staff size of 10 people.
- Coordinating with the sales and disbursement teams, undertaking a non-discrepancy check before loan disbursements.
- Internal Auditor (February 2016 - March 2017):
- Conducting internal audits of the Wholesale Banking Group for the South India Zone.
- Assisting in audit planning, conducting risk assessments, identifying controls in place to mitigate identified risks, and performing audit procedures to verify that controls are operating effectively.
- Areas of audit covered include the appraisal of credit facilities such as cash credit, overdraft, buyers' credit, packing credit, export credits, bills discounting, external commercial borrowing, letter of credit, bank guarantee, standby letter of credit, etc., sanctioned to the corporate borrowers.
- Analysis of financial ratios, assessment of borrower needs, cash flow analysis, sources of repayment, existing charges with other lenders, analysis of projections whether in line with past trends and assumptions made for projections are realistic
- Due diligence of the borrower and the controlling persons through CIBIL, other de-duplication checks, and site visits for fresh cases.
- Sanction and disbursement of the credit facilities, in line with the internal process and RBI guidelines.
- In the case of renewal, monitoring of the borrower's accounts to identify the end use of funds and to find early warning signals, and report the same to the management.
- Verifying the security creation in favor of the bank, with all stipulated conditions as per the facility agreement.
- Verification of compliance with the Banking Regulation Act of 1949, RBI Act of 1934, Negotiable Instruments Act of 1881, SARFAESI Act of 2002, New Companies Act of 2013, and other relevant laws for the time being in force.
- Preparation of the half-yearly audit report, presenting the 'Key Audit Findings' on a quarterly basis, and circulating the same to the management.
Audit and Accounts Associate
J.D.Jhaveri and Associates
Mumbai, Maharashtra
06.2014 - 09.2015
- Performed a detailed analysis of the collected accounting data for various client organizations, along with tax audits, concurrent audits, and internal audits of various diversified fields.
- Provided recommendations on internal control and process improvement while maintaining high standards of bookkeeping for the clients.
- Prepared and e-filing of income tax, TDS, and VAT returns of various assessees while writing accounts of individual and partnership concerns, and presenting the annual information return to the management.
- Mentoring junior auditors and boosting team productivity
Accounts Executive
Maharashtra Minerals Corporation Ltd
06.2013 - 01.2014
- Streamlined bookkeeping using Tally ERP 9.
- Compiled and analysed financial information to prepare financial statements.
Accounts Executive
Jayaleela Corporation Pvt. Ltd
05.2011 - 12.2012
- Performed detailed financial analysis and presented findings to senior management, influencing key strategic decisions.
- Assisted in the preparation of annual budgets and quarterly forecasts.
- Assisted in month-end close processes and reconciliation.
- Assisted in payroll processing, reducing payroll errors by 5% through meticulous reviews.
- Coordinating in the finalization of accounts with the statutory auditors.
- Implement systems, procedures and manuals for preparation and maintenance of statutory books of accounts, financial statements and ensuring compliance with the statutory requirements.
Article Assistant
B.V.Shah and Associates
10.2007 - 04.2011
- Monitor preparation of statutory books of accounts, bank reconciliation and consolidated reports with time and accuracy norms.
- Administer financial statements including Trail Balance, Profit & Loss Accounts, age-wise payables and receivables statements and balance sheets.
- Determine financial objectives , desiging and implementing systems, policies and procedures to faciliate financial control, guiding preparation of cash flow statements and bank reconciliation statements.
- Handled statutory and tax audits of various clients while maintaining financial accounts of corporate and non corporate entities.
- Conducted Tax and internal management audits for income tax reporting of several clients.
- Contributed to multiple audits and preparation and filing (both manual and e-filing ) income tax returns of countless individual firms and statutory audit of companies.
Education
Certificate of Technical Studies - Web 3, Blockchain Technology, Digital Currency
UNIC
Cyprus, Nicosia01-2025
Chartered Accountant - Accounting And Finance
The Institute of Chartered Accountants of India
Mumbai05-2015
Master of Commerce -
University of Mumbai
Mumbai04.2015
Bachelor of Commerce -
University of Mumbai, Narsee Monjee College of Commerce & Economics
Mumbai03.2010
H.S.C -
Narsee Monjee College of Commerce & Economics
Mumbai03.2007
S.S.C -
St. George High School
Mumbai03.2005
Skills
- Financial Analysis, Valuation Analysis, Risk Assessment, Portfolio Management, Cost-Benefit Analysis, Financial Reporting, Cross-functional teamwork, Regulatory compliance
- Accounting Software: Tally ERP Versions, TaxBase LAN, VATXpress, Service Tax Express
- Banking Software: Finacle System Proficiency, Ambit CBS, Valtool, APS, I - Disburse
Personal Information
Date of Birth: 06/19/1989
Languages
- English
- Hindi
- Marathi
- Tamil
Areas Of Interest
- Blockchain, Digital currencies
- Accounting
- Internal Audit and Tax Audit
- Credit assessment
Timeline
Manager II
ICICI Bank Ltd
02.2016 - 08.2021
Audit and Accounts Associate
J.D.Jhaveri and Associates
06.2014 - 09.2015
Accounts Executive
Maharashtra Minerals Corporation Ltd
06.2013 - 01.2014
Accounts Executive
Jayaleela Corporation Pvt. Ltd
05.2011 - 12.2012
Article Assistant
B.V.Shah and Associates
10.2007 - 04.2011
Certificate of Technical Studies - Web 3, Blockchain Technology, Digital Currency
UNIC
Chartered Accountant - Accounting And Finance
The Institute of Chartered Accountants of India
Master of Commerce -
University of Mumbai
Bachelor of Commerce -
University of Mumbai, Narsee Monjee College of Commerce & Economics
H.S.C -
Narsee Monjee College of Commerce & Economics
S.S.C -
St. George High School
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