Achin Mathur
Alwar
Summary
To achieve a distinguishing place in a dynamic environment that, besides offering me a job, would also provide opportunities for growth where I can prove my optimum potential, expand my professional horizons, and grow along with the organization, and to work in a creative and challenging environment where I can constantly learn and successfully deliver solutions to the problem. To touch the heights through my continuous endeavor and smart working.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Assistant Manager - RTA - Payments - Hedgefund
NAV Backoffice
12.2021 - Current
- Responsible for reviewing wires/ach for all the PE (Private Equity) & FOF (Funds of Fund) payments on the Activity window of NAVRTA application
- Examining the client-provided documentation and verifying the data needed to handle Wire transfers, ACH transfers, and BKT payments
- Reviewing capital distributions for investors, reconciling figures from client or accounting team with booked activity
- Getting work done from the responsible teams and ensuring that the wire instructions are updated, validated, audited, and compliance is cleared, as well as activities being booked, reviewed, and approved by the accounting manager
- Booking subscription in subscription window of NAVRTA application
- Providing custodian file to broker for distribution payment
- Notifying bank in case of transaction rollback
- Identify and map unrecognized transactions in the system
- Doing mapping for any credit received of distribution payments or underlying payments and get it mapped and processed
- Working on same-day wires and getting it ready with the required procedures.
- On a regular basis, follow up with counterparty teams to ensure wires are ready by the due date.
- Performing an independent wire verification procedure and validating by checking various websites and executing GIACT; if no results are found, we can confirm the wire instructions by calling and mailing regular mail.
- Senior Rta work where in case of any new vendor update in system for payment.
- Adding new banks by searching through ABA/SWIFT/BSB on search engines & updating it in internal software (Navrta).
- Tracking hourly work completion and ensuring allotted tasks are completed within the stipulated time frame.
- Experience working with Asian clients and ensuring timely payment processing.
- Answering calls from clients and helping them with payment-related questions during live hours for teams.
- Having one-on-one conversations with team members, resolving their problems, updating them on upcoming tasks and deadlines, and assisting them in taking remedial action for past mistakes.
- Analyzing prior mistakes and reporting them to superiors in order to control them.
- Provided suggestions for system development, identified bugs, and resolved them with the IT department.
- Teaching newly hired employees about the system and the tasks we conduct will help them become familiar with it.
Investment Assistant
Shriram General Insurance Company LTD.
06.2018 - 12.2021
- Fund Management: Debt & Equity (Short & Long term)
- Managing day-to-day treasury funding operations by dealing with the banks, mainly fund transfers and rtgs
- Dealing in Fixed Income Securities: G-Sec, Corporate Bonds, T-Bills, Bank CD, CP
- Dealing in Capital Market Securities: Equities Primary &Secondary
- Responsible for corporate cash investments, including fund recommendations and selections, fund monitoring, and investment execution, while ensuring counterparty limit compliance
- Fulfillment of Regulatory Requirement: Limit Check, Categorization of Investment, Submission of IRDAI (bap) Periodic Returns, etc
- Accounting in SAP Treasury Module & Oracle (premia)
- Reconciliation of Investment Accounts & Custodian Accounts
- Preparation of Reports, Presentations & MIS
- Taking Quotations of different securities from the brokers, sorting them out, reporting it to the committee and shortlisting the securities Deal execution and settlement on CBRICS
- Deal confirmation to the counter party and custodian (Stockholding Corp
- Of India)
- Executing various primary market deals on NSE, BSE
- Creating issuers, counterparties, and securities in SAP
- Determining the liquidity needs of the company based on daily, monthly, quarterly and yearly transactions to effectively borrow and/or invest as needed
- Organize and prioritize daily cash and long-term projects in a highly time-sensitive environment
- Analyzing daily MTM exposure on Repos, derivatives and TBA transactions and responding to counterparty collateral
- Preparing income calculation sheet for unclaimed amount
- Supported improvements/enhancements to sap treasury module, including the addition of new company codes, implementation of upgrades and other projects
- Perform integration and validation testing
- Utilize extensive accounting background to ensure treasury accounting entries are posted accurately.
US Taxation & Portfolio Management (HedgeFunds)
NAV BACK OFFICE
03.2016 - 06.2018
- Working Area: Taxation Service to Hedge Fund Investors
- Portfolio Management of Hedge Fund Investors
- KEY Responsibilities: Maintenance of Hedge funds (Partnerships) tax clients based on IRS regulations
- Preparation of 1065 returns & K-1’s, 1099, 1042,8865,8621 etc
- Finalization of PFIC, PTP’s which refer to securities & trades
- Working closely with the client to set up the process and services provided to them, especially in case of new and takeover funds
- Working on CCH software of Wolters Kluwer for tax return preparation and Filing of tax return with the IRS
- Reconciliation of Forms 1099s issued by broker Houses
- Handling of MLP (PTP) Minimum Liability Partnership Investments K1’s and FOF (Fund of Fund) Investments K1
- Filling of applicable state and federal extensions
- Checking the investor database for any address and tax id related changes and their related implications for investor K-1s.
- Creating securities for hedge funds using Bloomberg and Reuters machines
- Foreign exchange rate comparison on the basis of previous day exchange rates
- Use Bloomberg, Reuters, etc
- For cross-verifying security pricing, checking corporate actions for equities, checking Bond interest income and dividend income of stocks, etc
- Audit of various hedge Funds, Maintain a healthy and good relationship with investors, investment managers, and other third parties.
GENPACT
03.2015 - 02.2016
- Working with GENPACT, a leading Business consulting and strategic IT Services outsourcing and partner for global 2000 companies, Since March 2015, with total experience of 1 Year, in Cross Functional departments
- KEY OPERATIONAL RESPONSIBILITIES Producer Licensing Being a part of Producer licensing process, Work profile contains maintaining database of agents/ Producers check their credentials and verify license to sell policies of property and casualty (P&C) Verifying producer’s insurance company appointment with state department database
- Reconciliation of records present in database and state database
- Making sure that the producers who sell insurance products in US are compliant with the federal and state rules and regulations
- Media Clipping Preparing a Newsletter which is published on ACE (American Casualty Access) Insurance official website.
Education
Master in Commerce - ABST
Jain Commerce College, University of Rajasthan
01.2014
Graduation - B.Com
Raj Rishi Govt. College, University of Rajasthan
01.2012
H.S.C - Commerce
Central Academy, CBSE
01.2009
S.S.C -
Central Academy, CBSE
01.2007
Skills
- MS-Office Software
- Operating System and Internet
- RS-CIT certified
- SAP Treasury Module
- CCH Software for US taxation return filling
- Continuous striding to achieve goals
- Value the importance of being a team player
- Zeal to learn new things and take on challenges
- Friendly, good interpersonal skills
- Calm and pleasant nature with an upbeat attitude
- Team motivation
Rewards Recognitions
Awarded with Genpact Rising Star award for outstanding performance in just 3 months.
Additional Responsibilities Handled
- Responsible for taking up the weekly client calls.
- Co-ordinate with entire account FLMs in setting up their respective team’s 1X1 discussion.
- Providing development ideas for betterment of the team.
Corporate Trainings
- Lean Training
- Presentation Skills
- Interpersonal Skills
Certification
- Excellence Award rta wire pe & fof.
- Emerging star award by genpact.
- RSCIT
- Working knowledge of SAP Treasury.
- Working knowledge of CCH Software for tax return.
Personal Information
- Father's Name: Late Mr. Mukesh Mathur
- Date of Birth: 01/09/1991
- Gender: Male
- Nationality: Indian
- Marital Status: Single
Language
- English
- Hindi
Hobbies and Interests
- Playing Outdoor Games
- Exploring different places
- Watching Movies
Disclaimer
I hereby declare that the information furnished above is true to the best of my knowledge.
Timeline
Assistant Manager - RTA - Payments - Hedgefund
NAV Backoffice
12.2021 - Current
Investment Assistant
Shriram General Insurance Company LTD.
06.2018 - 12.2021
US Taxation & Portfolio Management (HedgeFunds)
NAV BACK OFFICE
03.2016 - 06.2018
GENPACT
03.2015 - 02.2016
Master in Commerce - ABST
Jain Commerce College, University of Rajasthan
Graduation - B.Com
Raj Rishi Govt. College, University of Rajasthan
H.S.C - Commerce
Central Academy, CBSE
S.S.C -
Central Academy, CBSE
- Excellence Award rta wire pe & fof.
- Emerging star award by genpact.
- RSCIT
- Working knowledge of SAP Treasury.
- Working knowledge of CCH Software for tax return.
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