Akshay Agrawal
Mumbai
Summary
Finance expert with more than 6 years of experience specializing in financial reporting, fund accounting, and financial planning & analysis. Proven track record of optimizing financial operations and providing actionable insights. Dedicated to achieving excellence in finance and supporting organizational objectives.
Overview
9
9
years of professional experience
1
1
Certification
Work History
ASSOCIATE MANAGER - PRIVATE EQUITY FUNDS
SS&C GLOBEOP FINANCIAL SERVICES INDIA PVT. LTD.
10.2022 - Current
- Identified and resolved discrepancies by building checks in Financial Statements (FS), leading to an increase in accuracy.
- Prepare and review financial reports in conformity with US GAAP, IFRS, and compute net asset value (NAV) on a quarterly and annual basis.
- Computing management fees and carried interest.
- Computing investment valuation in conformity with ASC 820 and classifying them in Levels 1, 2, and 3 in accordance with the Fair Value Measurement principle.
- Processed capital calls and distributions using the waterfall model.
- Developed a template for the Partner's Capital Statement (PCAP's) and ILPA Statements that resulted in a reduction in time by 70-75%.
- Led the team in managing daily operations and financial reporting processes.
- Trained staff on daily operations in private equity fund accounting and best practices in financial reporting.
- Handled auditors' and investors' queries in a timely manner.
DEPUTY MANAGER - FINANCIAL PLANNING & ANALYSIS
MANIPAL CIGNA HEALTH INSURANCE CO. LTD.
04.2022 - 10.2022
- Quarterly collation of financial and non-financial information for competition based on public disclosure, other market information, and preparation of a detailed analysis presentation.
- Prepare a detailed financial presentation of monthly segment-wise business figures for the industry.
- Prepare a Channel Level, Product Level, and Partner Level premium presentation report to track performance versus Plan and Forecast.
- Prepare organizational KPIs to measure the performance of various functions.
- Assist in the preparation of the P&L on a channel/partner level.
BUSINESS ANALYST & REPORTING ANALYST - TEAM LEADER / CA INTERN
J.P. MORGAN SERVICES INDIA PVT. LTD.
04.2018 - 03.2022
- Preparation of Financial Reports for the Private Equity & Mutual Fund in conformity with LUX GAAP, IFRS.
- Preparation of financial highlights, notes to accounts, and appendices disclosures like SCNS, SI, TER, SFTR, securities lending, etc.
- Undertook process automation of notes to accounts and appendices to build a process that is more efficient, less error-prone, and repeatable using Alteryx software.
- Coordinating with the onshore team for any business requirements and client queries.
CA ARTICLE
CHATURVEDI & CO., CHARTERED ACCOUNTANTS
04.2016 - 04.2018
- Assisting in the concurrent audit of various financial institutions, like IDBI Federal Life Insurance Company, IDBI Bank, Axis Bank, SBI, and Muthoot Housing Finance Ltd. (MHFL).
Education
CHARTERED ACCOUNTANT (CA) -
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (ICAI)
12.2021
COST & MANAGEMENT ACCOUNTANT (CMA) -
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (ICMAI)
12.2019
BACHELORS IN COMMERCE (ACCOUNTING & FINANCE) -
BIRLA COLLEGE OF ARTS, SCIENCE & COMMERCE
12.2016
ACCA -
Association of Chartered Certified Accountants
Skills
- Financial reporting and compliance
- US GAAP and IFRS standards
- Microsoft Power BI expertise
- Private equity and hedge funds
- Alternative investment strategies
- Financial planning and analysis
Projects
Alteryx: Process Automation - The project was for process automation of notes to accounts and appendices to build the process to be more efficient, less error-prone, and repeatable using Alteryx software My role was to coordinate with Alteryx Team and give them walkthrough of process of how Notes to Accounts are prepared and how it can be automated and then test on UAT and Prod once automated.
Systems Software
- Investran
- Unity
- MS Office
Accomplishments
- Received Newbie Star Award in SS&C Globeop for taking ownership of the activities immediately after joining the company with minimal training requirements and demonstrated a broad and deep understanding of the business and displayed high professional skills.
- Received a Certificate of merit from the Institute of Cost Accountants of India for passing the final examination in the first attempt in a single sitting.
Certification
- Complete guide to Power BI for data analysts by Microsoft Press.
- Using ChatGPT and generative AI in fintech.
LANGUAGES
- English
- Hindi
- Marathi
Affiliations
- I am a trekking enthusiast and have led various treks and campaigns around Mumbai, Maharashtra.
Timeline
ASSOCIATE MANAGER - PRIVATE EQUITY FUNDS
SS&C GLOBEOP FINANCIAL SERVICES INDIA PVT. LTD.
10.2022 - Current
DEPUTY MANAGER - FINANCIAL PLANNING & ANALYSIS
MANIPAL CIGNA HEALTH INSURANCE CO. LTD.
04.2022 - 10.2022
BUSINESS ANALYST & REPORTING ANALYST - TEAM LEADER / CA INTERN
J.P. MORGAN SERVICES INDIA PVT. LTD.
04.2018 - 03.2022
CA ARTICLE
CHATURVEDI & CO., CHARTERED ACCOUNTANTS
04.2016 - 04.2018
CHARTERED ACCOUNTANT (CA) -
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (ICAI)
COST & MANAGEMENT ACCOUNTANT (CMA) -
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (ICMAI)
BACHELORS IN COMMERCE (ACCOUNTING & FINANCE) -
BIRLA COLLEGE OF ARTS, SCIENCE & COMMERCE
ACCA -
Association of Chartered Certified Accountants
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