Akhil Sagar
Dahisar East
Summary
As an Associate at Morgan Stanley, my focus lies in ensuring precision in financial reporting, aligned with US GAAP/IFRS standards for our Hedge Fund clients. My journey with Morgan Stanley began as a contractor, which evolved into a full-time role, reflecting my commitment to excellence and adaptability in dynamic environments. With a strong educational foundation in Accounting and Finance from Narsee Monjee College and CA-IPCC from the Institute of Chartered Accountants of India, my core competencies include report writing, financial forecasting, and budgeting. My dedication to accuracy and timely delivery underscores our team's success in facilitating smooth annual and interim audits.
Overview
7
7
years of professional experience
Work History
Associate
Morgan Stanley
Mumbai
05.2024 - Current
- Company Overview: Morgan Stanley Fund Services.
- Associated with Morgan Stanley (Morgan Stanley Fund Services) as client on contract basis, since December 2023 and converted to full time employment with Morgan Stanley on May 2024.
- Worked efficiently with financial reporting team to support them in timely delivery of financial statements to the Hedge Fund clients of MSFS, which will comply with US GAAP/ IFRS, for both annual audits, and interim reports.
- Prepared financials from supporting documents.
- Prepared Condensed Schedule of Investments (CSoI).
- Prepared Statement of Cash Flows.
- Assisted auditors and ensured the smooth audit of the financial statements by providing valid backup data for every figure presented in the financial statements.
Financial Analyst (Contractor)
Horizontal Integration India Private Limited
Mumbai
12.2023 - 04.2024
- Associated with Morgan Stanley (Morgan Stanley Fund Services) as a client on a contract basis and converted to full-time employment with Morgan Stanley on May 1, 2024.
- Worked efficiently with financial reporting team to support them in timely delivery of financial statements to the Hedge Fund clients of MSFS, which will comply with US GAAP/ IFRS, for both annual audits, and interim reports.
- Prepared financials from supporting documents.
- Prepared Condensed Schedule of Investments (CSoI).
- Prepared Statement of Cash Flows.
- Assisted auditors and ensured the smooth audit of the financial statements by providing valid backup data for every figure presented in the financial statements.
Accounts Associate
Artech L.L.C.
Mumbai
01.2023 - 12.2023
- Client- JP MORGAN & CHASE, Mumbai.
- Worked on a contract basis with JP Morgan Chase in ITS - Asset & Wealth Management Division.
- Major work & expertise focused on International Trusts & structures situated in Bahamas, Singapore & Euro-Asia.
- Handled book-keeping and Financial Statements preparation within given SLA & turnaround time.
- Client and stakeholder's communication, query resolutions and onshore management resolutions.
- Worked with 5 SERIES (new accounting tool replacing legacy platform) team to generate. Financial statements from CONNECT software.
- Passing Journal entries as per statements provided by Banks.
- Preparation of balance sheet, income statement and distribution schedules.
- Preparation of Director's report disclosing net income/loss and dividends paid for the year.
- Preparation of expense allocation between income & principal and Capital schedules for detailed information regarding inflows and outflows of funds.
- Passing resolutions in case of important events happening in companies.
- Preparations and reconciliations with respect to Cash & bank and positions.
Accountant
Datamatics Business Solutions Ltd.
Mumbai
02.2022 - 10.2022
- Jurisdiction of Work - Canada based trusts and companies with work area of Canada financial statements (US GAAP based), Analysis, Bookkeeping, Compilation, Finalization of Accounts through Caseware software.
- Filing of T2 Company Tax returns and T3 Trust returns of Canadian Processes.
- Cash, GST, Payroll compilations and and their over-all impact on financial statements.
- Documents & attachments scrutiny, sorting and attachment viz. Workpapers, tax, General Ledgers, permanent documents
- Coordination with onshore clients to understand their requirements and provide them with desired outcomes.
Article Assistant
J. J. Ganatra & Co. Chartered Accountants
Mumbai
07.2018 - 07.2021
- Industry Under Work - Service, Manufacturing, Traders, Heavy Machinery, Credit societies, Poultry, Construction.
- Book-keeping, Financial Statements & Finalization of entities in above mentioned Industries.
- Experience in Audits of various types viz. Statutory audits, Tax audits and Internal Audits.
- Computed and filed Income tax and GST Returns across various range of entities.
- Created multiple accounting & reconciliation worksheets.
- Prepared reports and materials to assist with audits.
- Maintained and enhanced internal controls to preserve confidentiality of records.
- Maintained records and files to furnish reliable documentation.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
Education
Bachelor of Commerce - BCom - Accounting and Finance
Narsee Monjee College of Commerce and Economics
04.2016
CA - IPCC - Accounting and Finance
The Institute of Chartered Accountants of India
Skills
- Financial statement preparation
- Financial Reporting
- Fund Reporting
- Advanced Excel
- Financial Modeling
- IFRS, GAAP, and statutory reporting
- Cash Flow analysis
- Report writing
- Financial forecasting
- Budgeting
Languages
Gujarati
First Language
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Marathi
Advanced (C1)
C1
Timeline
Associate
Morgan Stanley
05.2024 - Current
Financial Analyst (Contractor)
Horizontal Integration India Private Limited
12.2023 - 04.2024
Accounts Associate
Artech L.L.C.
01.2023 - 12.2023
Accountant
Datamatics Business Solutions Ltd.
02.2022 - 10.2022
Article Assistant
J. J. Ganatra & Co. Chartered Accountants
07.2018 - 07.2021
Bachelor of Commerce - BCom - Accounting and Finance
Narsee Monjee College of Commerce and Economics
CA - IPCC - Accounting and Finance
The Institute of Chartered Accountants of India