Sumit Sharma
Back Office Executive | Reconciliation | Finance & Accounting support . Accountant! Ex SIS GROUP! Ex Dr Bartas! Ex Nectar ! Fintech! Back office FX Trading !Prop trading ! MT4 & MT5 Administrator
- Role
- Assistant Manager at Algomill Technologies
- Location
- Chandigarh, CH, IN
- LinkedIn followers
- 500 followers
About Sumit Sharma
BBA (Finance ), MBA (Finance), M.COM(Finance) Back-office professional with experience…
Experience
Assistant Manager
May 2020 — Present · IN
Fx Brokers and Prop trading backoffice 1. Backup: Set up automatic backups for both the MT4 & MT5 server, Dx trader, match trader, trade locker,cTrader and databases.2. User Account ManagementCreate and manage accounts: Set up new client accounts, monitor activity, and manage permissions.Leverage client groups: Use different groups to apply specific trading conditions (spreads, leverage, etc.).Manage balances and withdrawals: Handle deposits, withdrawals, and balance adjustments for users as required.3. Symbol and Instrument ManagementManage instruments: Add, modify, or remove trading symbols/instruments (currency pairs, CFDs, etc.).Adjust trading conditions: Modify spreads, swaps, and other conditions for trading instruments.Leverage: Set appropriate leverage ratios for different clients or asset classes.4. Plugins and ToolsInstall plugins: Install and configure necessary third-party plugins (bridges, CRM systems, etc.) for efficient operations.Monitor logs: Analyze and manage server logs for suspicious activities or errors.5. Risk ManagementMonitor exposure: Keep an eye on overall market exposure to ensure that risk levels remain within acceptable parameters.Leverage settings: Adjust leverage based on market conditions or client activity.6. SupportTechnical support: Provide technical support to traders and clients for issues related to trading accounts, terminals, and executions7. Reporting and AuditingGenerate reports: Create financial reports, trade logs, and account reports for brokers and regulators.Compliance: Ensure the MT4 & MT5 platform complies with regulatory standards and audits.8. Preparing Affiliate commission9. PSP Management Reconciliation of Payments received and paid (Rise,columius, Bank wire, paypal )
Education
Karnataka State Open University
Master of Business Administration (MBA), Finance and Financial Management Services
2014 — 2016
Himachal Pradesh University
M.com., Accounting and Business/Management
2012 — 2014
Himachal Pradesh University
Bachelor of Business Administration - BBA, Accounting and Business/Management
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