Ashwini Jadhav

Operational Responsibilities:

• Preparing and performing 1st level reviews on private equity and hedge fund financial statements in accordance with relevant GAAP, IFRS, and regulatory requirements, and assisting with drafting and supporting distribution to clients and auditors, ensuring that all deliverables are completed accurately and within the agreed-upon time.
• Accounting Standards-1 US GAAP: ASC 820 (Fair value measurement : Level 1 2 3 ), ASC 810 (Consolidation), and IFRS 19 (Financial Instruments) 3.Tax Compliance :
• Preparing financial statements, Statement of Assets & Liabilities, Statement of Operations, Cash Flow Statement, Schedule of Investments, Partner Capital Statements, and Waterfall Schedules.
• Preparing and reviewing partner capital activity - capital calls, distributions, and IRR, FiHI, 5%.
• Prepare and review various fee calculations, e.g. Management fee calculations, carried interest allocations in accordance with the Fund documentation.
• Provide on-the-job training and coaching to all staff. In addition, provide performance feedback to the manager for review.
• Responsible for risk management by ensuring staff understands all Standard Operating Procedures, Key Controls, and Client Specific Procedures/Checklists.
• Responsible for assigning work, overseeing short-term deliverables, coordinating workflow, and maintaining working knowledge of the overall process operating model while assisting with the deployment of operational changes.
• Participating in the research and resolution of client issues.ng
• Volunteer for ad-hoc projects and help with last minute requests
• Assist with coordination of activities between multiple departments within the organization, including our global offshoring partners.
• Draft and update task lists for offshoring partners, ensure all supporting documentation is available to them, and act as the primary contact to answer their questions and issues.
• Resolve issues and prioritize actions in the absence of the direct manager.

• Preparing and Reviewing Financial Statements, in accordance with local accounting standards for the respective country, i.e
• IFRS or US GAAP or Local GAAPs as applicable and within strict timelines
• Supporting the audit / review process as and when required
• Also, support on other ancillary activities to the preparation of FS and/or audit process
• Ability to understand client and jurisdiction requirements and conform to them for all deliverables
• Support the Manager in the process and to work in perfect harmony to ensure service level excellence
• Identifying and Implementing opportunities for process efficiencies
• Regularly update all related management reporting checklists and templates
• Major tasks undertaken in respect of above: a) Financial Reporting for Mutual Funds, Hedge Funds and Private Equity
• B) Preparation of Statement of Investments and Statement of Assets and Liabilities and other financial statements,Preparation of investments Roll-forward,Purchase and Sales Reconciliation with regards to Fair value Accounting
• C) Reconciliation of Statement of Investments with Balance Sheet, Statement of operations and Statement of Changes in Partners Capital,Statement of Cash Flows and Notes to Accounts for all hedge funds and Private Equity Clients
• D) Preparation of Financial Highlights For mutual fund
• C)Allocating tasks among the team members & Preparing MIS for work allocation
• D) Preparing Minutes of meeting & EOD Report.

• Capturing unmatched transaction between custody and accounting with the help of Bloomberg and custody backup
• Working on variances such as Interest Income , Divided Income etc and payment cycle used by the custody and Bloomberg
• Experiencing Bloomberg, Multi Currency Horizon(MCH), NAV Alert and Resolve NAV Alerts while verifying the reason for NAV difference between custody and accounting
• Calculating the NAV for fund & Calculation Paydown
• Communicating & Resolving the Queries from Onshore Clients through
• Conducting process training for team members and new joiners
• Allocating tasks among the team members in absence management accurately and on time
• Supporting team lead in preparing reports and updating database
• Mutual fund Cash Reconciliation between Custody and accounting
• Fixed Income Expertise - Resolving accrual and amortization exceptions in fixed income funds. Verifying all accrual parameters (Income dates, Basis, Coupon frequency, settlement date) with Bloomberg for different kinds of bonds like corporate bonds, Zero coupon bonds, T-bills, and money market bonds in the fund. Ensure purchased on discount/premium.

• Ensuring invoices received from multiple clients are processed and paid accurately and on time
• Analysing the nature of invoices received and implementing a quality check
• Maintaining client specific instructions and preparing SOP's for the vendor and fund accounts
• Interacting with clients regarding process updates or any complex issues
• Handling escalations from clients end and ensuring timely feedback
• Delivering process reports to our onshore team and providing them with updates received from clients
• Evaluating the performances of processors every month as per process performance
• Taking care of internal error discussions as well as process improvement discussions with the team to ensure reduction of client comebacks.

• Data Entry Operator