BIBEKANANDA DHAR
Mumbai
Overview
7
7
years of professional experience
Work History
Senior Manager – Income Accounting
M&G Global Services Private Limited
Mumbai
02.2025 - Current
- Production of accurate accounting and preparation for all trading income within MGG - including fee income, performance related fees, trail commission and rebates.
- Monitored and accounted for income, costs, and changes related to fund launches, share class launches, fund transfers, new investments, and fund setups, ensuring accurate financial reporting for internally and externally managed TIM, OEIC, SICAV, Life and Annuities, and ETF funds.
- Executed monthly, quarterly, and half-yearly accounting close processes for the Revenue Management team, analyzing results.
- Produce Monthly flash report for the business explaining the key drivers for MTM variances within my remit.
- Conducted half-yearly IMA reviews to ensure fees aligned with signed agreements and regulatory standards.
- Produced monthly accruals using NAV from third party administrator supporting timely financial reporting.
- Preparation and posting of month end accounting journal entries using SUN – ensuring nominal, dept codes and counterparty codes are correctly reflected.
- Reviewed and approved invoices from income billing and control, maintaining accuracy and compliance; followed up on debtor and aged analysis reports for management.
- Quarterly and Half yearly Intercompany reconciliation and agreeing figures with counterparties.
Manager – Fund Accounting
Morgan Stanley funds Services
Bangalore
04.2020 - 01.2025
- Prepared monthly Net Asset Value Calculations, perform allocations, and issue investor statements.
- Trained and reviewed work of team of three while managing $5 billion AUM, ensuring compliance and quality in fund accounting practices.
- Managed daily and monthly non-security related accruals, such as management fee and performance fee.
- Identified and resolved trading, operational, and accounting issues by communicating daily with clients, custodians, and prime brokers, ensuring accurate adjustments were made.
- Managed and assisted interim and year end audits for funds under my administration.
- Perform daily and Monthly securities pricing and analysis and validate and process corporate action data.
- Working on sidepocket, Master feeder structure, Mini master and Intermediate structure and exposed to different type of Incentive fee calculation like Hurdle based, Modified and clawback.
- Exposed to several Hedge Fund Strategies that trade different derivatives such as long and short equities, futures, options, swaps, FX, futures and forwards and private investments.
- Created setup checklist from PPM and other agreements and established funds from inception, converting funds to MSFS platform.
Funds Officer
Amicorp India Management Pvt. Ltd.
Bangalore
04.2019 - 03.2020
- Calculated NAV for daily, weekly, and monthly funds to ensure accurate valuation.
- Reconciliation of daily closing balance of different funds.
- Setting up of fund from scratch.
- Preparation of Set Up checklist from PPM and other agreements.
- Working with various products including equities, bonds, swaps, options, FX, futures and crypto currencies.
- Posting accounting entries to ledger.
- Compiled and distributed reports tailored to client requirements.
- Resolved client inquiries to enhance satisfaction with services.
- Miscellaneous management reports.
Education
CA Final Grp - 2 -
ICAI
05.2018
CA Final Grp 1 -
ICAI
05.2017
B.Com (Acct. Hons.) -
RAVENSHAW UNIVERSITY
01.2015
IPCC (Gr-I& II) -
ICAI
11.2013
CPT -
ICAI
06.2012
12th -
D.A.V Public School
01.2012
10th -
Jawahar Navodaya Vidyalaya
01.2010
Timeline
Senior Manager – Income Accounting
M&G Global Services Private Limited
02.2025 - Current
Manager – Fund Accounting
Morgan Stanley funds Services
04.2020 - 01.2025
Funds Officer
Amicorp India Management Pvt. Ltd.
04.2019 - 03.2020
CA Final Grp - 2 -
ICAI
CA Final Grp 1 -
ICAI
B.Com (Acct. Hons.) -
RAVENSHAW UNIVERSITY
IPCC (Gr-I& II) -
ICAI
CPT -
ICAI
12th -
D.A.V Public School
10th -
Jawahar Navodaya Vidyalaya