Devrup Das

Fund Accounting for Private Credit focused funds, sponsored by Goldman Sachs.

• Review of quarterly financial statements, capital statements, management and incentive fee calculations, capital calls/drawdowns, distributions and other calculations for several funds.
• Review NAV Calculation for funds.
• Review valuation of funds on Quarterly basis.
• Calculating and booking accruals.
• Booking/Reviewing all cash related entries into the accounting system and doing monthly cash recs.
• Work Closely with other divisions like Regulatory Reporting, Operations, FMG.
• Coordinate with auditor for any query for the year end audit cycle for the funds.
• Lead automation projects with the help of self service tools.
• Helped the team in testing to migrate into a new accounting platform.
• Liase with the Fed Reporting Team and provide them data for filling FRY 11 & FR 2314 Fed forms.
• Helped the team in recruitment and taking interviews for Analyst.

• Performing daily and monthly NAV calculation for UK traditional funds
• Perform Fund manager reconciliation
• Posting capital activities & accruals, amortization
• Validating Corporate Actions & analyzing impact on NAV.

• Ensuring timely and accurate delivery of NAV to Clients.
• Identifying Exceptions & justifying significant movement in NAV.
• Posting adjustment of fee accruals on a Month on Month basis.
• Preparing ONS return for pension funds on a quarterly basis(~20 per annum).
• Ensure adequate knowledge transfer to promote team work and accountability.
• Also ensure identifying risk areas, enhancement of controls to mitigate the same.
• Perform reviewer roles for key functions & high risk areas across the team Training new team members.
• Been awarded Star Performer of the month award four times

• Involved in Statutory audit for EMTA Coal Ltd, Oriental Insurance Ltd, and Food Corporation of India. Also involved in other audits like Concurrent audit, Bank guarantee audit, Stock and receivable audit for entities like Electro steel Ltd, EMC & Johnson & Johnson