Summary
Overview
Work History
Education
Skills
Volunteer Experience
Timeline
Generic

Bhavin Malkan

Summary

Results-oriented Fund Accounting Manager at Kotak Mahindra Bank, specializing in NAV calculations and regulatory compliance. Attained 100% NAV accuracy while mentoring team members, significantly enhancing operational efficiency. Optimized month-end processes, achieving a 40% reduction in reporting time. Demonstrated effective communication skills and adeptness in resolving discrepancies, ensuring punctual financial reporting.

Overview

9
9
years of professional experience

Work History

Fund Accounting Manager

Kotak Mahindra Bank
02.2022 - 07.2025
  • Prepare daily, monthly, quarterly, and annual reports on NAV calculations for clients.
  • Ensure all transactions are accurately recorded, reconciled, and reported in a timely manner.
  • Identify discrepancy between internal records and external sources, investigate the cause of discrepancies and worked with the relevant parties to resolve the issue.
  • Managed the preparation and review of all financial statements and regulatory filings Ensuring compliance with of SEBI, CRISIL & PREQIN reporting requirement
  • Led a team of 5 fund accountants responsible for the accounting and Financial reporting of 8 Alternative Investment Funds with aggregate AUM exceeding Rs 800 cr .
  • Served as Primary contact for auditors during the year-end audit .Managing and resolving Complex accounting issues
  • Maintain a relationship with the client, providing clear and concise reports on fund operations, transactions, and NAV changes.
  • Delivered training and walkthroughs to new joiners on the system and reporting requirements.
  • Ensured 100% NAV accuracy for funds across multiple reporting cycles, with zero compliance breaches.
  • Streamlined month-end close processes, cutting reporting time from five days to three days.
  • Automated reconciliation processes using Excel reduce manual workload by 40%.
  • Participated in UAT (User Acceptance Testing) for system updates, ensuring smooth transitions without disruption to daily processing.

Transaction Process Analyst

Accenture
06.2021 - 02.2022
  • Monitored daily banking activities across multiple entities to ensure accuracy and compliance, proactively identifying and reporting any irregular transactions or discrepancies.
  • Prepared and reviewed monthly bank reconciliations and cash clearing reports, ensuring timely resolution of outstanding items and alignment with general ledger balances.
  • Generated and submitted financial reports, data extracts, and reconciliations in accordance with internal deadlines and client requirements, ensuring completeness and accuracy.
  • Identified and flagged irregular banking transactions, contributing to the prevention of potential financial misstatements and improving internal controls.
  • Achieved 100% on-time submission of monthly reconciliation and reporting deliverables supporting compliance with internal audit

Tax and Audit Associate

NPV And Associates
09.2016 - 03.2020
  • Preparation of Income tax Returns of Private companies, Firms, Individuals and their Compliance Form.
  • Attendance before IT Authorities in connection with Assessment Proceedings.
  • Consulted in TDS related matters and filing of TDS Returns.
  • Ensuring application of GST law while drafting GST working, claiming ITC and tax Payments.
  • Statutory Audit of State Bank of India & Mogaveera Bank.
  • Preparation of the Tax Audit report for Various Companies, Firm and Individuals.
  • Handling the operational audit of the various branches of Panasonic Company and presentation of the audit reports.
  • Identified and communicated problems during an engagement and proposed solutions.
  • Stock Audit of various company Including Larsen and Toubro India.

Education

Chartered Accountant -

Indian Institute of Chartered Accountant of India
01-2021

Certification - Securities Operations And Risk Management

National Institute of Securities Markets
03-2019

Master Of Commerce -

Mumbai University
03-2018

Skills

  • NAV calculations
  • Financial reporting
  • Regulatory compliance
  • Time management
  • Audit coordination
  • Team mentoring
  • Attention to detail
  • Effective communication
  • Bank reconciliation

Volunteer Experience

  • Hari Prabodham Foundation, Spiritual Organisation works closely with the youth through the youth. Conducting seminars and volunteer as a speaker.
  • Prabodham Cricket Carnival, Organizing & Managing an annual cricket championship for 250+ youths.

Timeline

Fund Accounting Manager

Kotak Mahindra Bank
02.2022 - 07.2025

Transaction Process Analyst

Accenture
06.2021 - 02.2022

Tax and Audit Associate

NPV And Associates
09.2016 - 03.2020

Chartered Accountant -

Indian Institute of Chartered Accountant of India

Certification - Securities Operations And Risk Management

National Institute of Securities Markets

Master Of Commerce -

Mumbai University

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Bhavin Malkan