ASHWINI R DHUMAL

Global Finance Management Co.

• Calculation of monitoring fees as per the fees agreement with the portfolio company, and invoicing them for quarterly fees, also accounting for these fees and cash in the system.
• Working on quarterly management fees on the basis of call notices and the accrual file for various PE funds, and booking revenue into S4.
• Analyzing fund expenses to see whether they are entity-specific or fund-specific, and settling them to the respective GL accounts.
• Variance analysis of management fees.
• Variance analysis of different non-creditable expenses borne by the management company.
• Calculations of portfolio expenses and invoicing to the portfolio company.
• Booking cash inward and outward journal entries in S4.
• Receivable tracking with the Treasury team for PE funds.
• Placement fee Booking and Cash Tracking
• Process improvisation and review work done by team member

Automation

• Built a macro that creates JEs for cash inward and outward for at least 80% of the population.
• Formulate multiple activities to minimize manual intervention, and for internal control.

Handled fund operations (reconciliation, accounting, and operations).

Responsible for the projects listed below on a quarterly basis (production and review).

• Book JE for unrealized gain/loss of investment in Investran on a quarterly basis (operational), and review the entries made as per the supports provided.
• Assist the onshore team in updating the reference guide they use to track key metrics, e.g., fund performance trend chart, update gross/net IRR and MOIC, fund-level updates, upcoming cap call, and new investments.
• Consolidate the deal-level cash flow template in W-Desk (web-based Excel).
• Run the 'LPAC - Monitoring & Transaction Fees' report from SAP, updating various fees (syndication) in the LPAC reporting file for transparency reporting.

Responsible for the projects listed below on a monthly basis (Production and Review).

• Reconciliation of ROC, ROI commitment contribution on a deal level with an Excel-based tracker and Investran report.
• Post JE for purchase, sale, interest income, dividend income in Investran, and reconcile the same with Geneva reports.
• Prepare and analyze the general and administrative expense report of the EMEA region to ensure expenses are in line with or better than the budget amount.

Also handled key tasks, including:

• Prepare an exceptional tracker to eliminate errors for process efficiency, automation ideas.
• Find different ways to avoid manual work (converting data into formula-driven data).
• Interaction and regular communication with on-site partners for clarifications.
• Training for new joiners.
• Update the latest updates in SO.

Performed the following core functions:

• Calculate the average remaining investments and commitments for GPs and LPs, and perform interest calculations using proper allocations.
• Uploading multiple batches, journal entries for capital calls, distributions, and valuations in the accounting system with different allocation rules.

Key Result Areas: Process Coach, and Authoriser.

• Fails Management: Root cause analysis and resolution of any and every trade that has not settled at a specific time in the market.
• Covering short positions and taking steps to mitigate any risk around the fail.
• Monitoring Security exceptions like Indonesian govt Security, Canada residency check and trades failing when receiver cancelled its side(RAD cancelled) in DTC market
• Monitoring High Penalty Market Trends- Alert client for potential Buy-in Deliveries , trades that feed in without any field missing form a part of exception queues
• Chasing IM for aging buy fails (broker fails to deliver security on SD+5).
• Chase the client to contact the counterparty to set up matching instructions.