Abhijeet Vishnu Bondre

I am working in Finance Domain in Fund Accounting Vertical and i am working with IISDCS Team. I have total 3+year experience in this field. Our main responsibility is to calculate and send correct NAV prices of Funds to record keeper and client on daily basis.

Responsibilities-

• Reconciliation and Dissemination of NAV on daily basis for various funds group of Unites States of America.

Reconciliation & Data Validation

🔹 Cash & Position Reconciliation: Match fund holdings with custodians to detect discrepancies.

🔹 Trade Reconciliation: Ensure executed trades are correctly recorded and settled in the system.

🔹 Dividend & Interest Accruals: Validate correct calculation and recognition of accrued income.

Expense & Fee Allocation

🔹 Management Fees: Accurately compute and allocate fund management fees as per the prospectus.

🔹 Performance Fees: If applicable, validate calculations based on fund performance metrics.

🔹 Operational Expenses: Allocate custody fees, legal fees, and administrative costs appropriately.

Asset Valuation & Pricing Accuracy

🔹 Market-Traded Securities: Ensure latest market prices are applied using approved pricing vendors (Bloomberg, Reuters, etc.).

🔹 Fair-Valued & Illiquid Assets: Apply valuation models for securities without active market quotes, following regulatory guidelines.

🔹 Foreign Currency Assets: Convert non-domestic investments using accurate FX rates at the valuation point.

Error Prevention & Quality Control

🔹 Tolerance Checks: Identify NAV fluctuations beyond predefined thresholds.

🔹 Benchmark Comparisons: Cross-check NAV with industry benchmarks for reasonableness.

🔹 Automation & Process Improvements: Leverage technology to minimize manual errors and enhance efficiency.