Aarthi Somasundaram

• Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
• Managed quarterly and annual NAV packs, ensuring timely submissions and compliance with regulations.
• Spearheaded a team of junior accountants, providing mentorship and guidance to improve efficiency and accuracy in their work.
• Facilitate conversion of Private Equity Funds from other accounting applications to Investran.
• Facilitate and assist with onboarding new Private Equity Funds in the accounting platform (Investran).

• Onboarding of new clients and streamlining the process
• Managing day to day process with 6 team members (Work Assignment followed by Clarifications/Followups and responsible for SLA)
• Responsibilities include Property, Entity & Lease Setup in Yardi | Acquisition Entries Setting up schedules for Amortization | Deferred Assets & Depreciation | Setting up ROU (Right of Use Assets) and Deferred lease liability per IFRS 16 | Review of NAV packages Review of day to day cash entries | Bank Recs and month end journal entries | Communicate with local office & clients |Training new hires

• Manage and review property accounting / fund accounting activities of a RE Investment Management company in the US
• Responsible for review and delivery of Cash Transactions (Property Level & Fund Level) | Work Papers | NAV Packages | Variance Analysis/Flux
• Manage client call agenda/minutes and followup closure of open items

• Manage & Review deliverables for leading Real Estate Funds, Office/Retail Owner operators in the US
• Knowledge Transfer for 5 new clients spread across Fund Accounting, Property Accounting, AR, AP, GL, CAM & Budgets
• MIS Reporting
• Managing day to day deliverables of 4 to 5 team members
• Preparing SOP documents
• Analyze and prepare CAPA for process level escalations Training New Hires

Preparation of CAM Reconciliation, Cash Receipts for Office/Retail Owner Operator in Irvine, CA

• Accounts Receivable & Accounts Payable Entries
• Journal Voucher Preparation and Entry Creation
• Validation of Final Accounts