Harsh Panchmia
Kolkata
Summary
Dynamic finance professional with extensive experience in hedge fund and private equity fund accounting at prestigious firms including Goldman Sachs. Expert in automation and operational efficiencies, achieving over 1,000 hours of savings. Skilled in Geneva and portfolio valuation, with a proven track record of 4 years in enhancing financial processes and investor relations.
Overview
8
8
years of professional experience
Work History
Senior Analyst - Hedge Fund Accounting - Fin Ops
Arcesium India Pvt Ltd
Hyderabad
04.2023 - Current
- Reconciliation support in terms of finalizing net asset value (NAV) and reconciling cash balances with the street or stock exchange.
- Allocation of profit to the investors with respect to their class, series, or bundle, along with computing management fees and incentive fees for the same.
- Performed allocations of profits and losses among investors in a complex fund of funds hedge fund business.
- Gained experience in posting journal entries (double-entry system) for hedge fund accounting, and helped the team in financial statement preparation.
- Work closely with Consumer Investment Management and the Investor Relationship desk based out of the United States in delivering/presenting fund performance, projections, variance analysis, and cash sufficiency.
- Worked extensively on NAV pricing, NAV valuation, trades, and cash settlement reconciliation.
Senior Analyst - Private Equity Fund Accounting
Goldman Sachs
Bangalore
04.2021 - 04.2023
- Responsible for preparing and reviewing quarterly and annual audited consolidated financial and capital statements for multiple entities domiciled in the United States, as per U.S. GAAP and IFRS requirements and disclosures.
- Systematically perform an analysis to calculate the management, administration, and incentive fees earned through managing the fund.
- Continuously improving operational efficiencies (automation, process improvements, and technological upgradation) resulted in a net savings of over 1,000 hours within a span of a year and a half.
- Updating and maintaining SOPs of various fund accounting processes. Preparation of NAVs quarterly, and management fees monthly, on the basis of Assets under Supervision (AUS).
Articleship Trainee
GP Kedia and Associates
Kolkata
03.2017 - 03.2020
- R2R - Responsible for the end-to-end process from recording a transaction to reporting the same to various statutory bodies in the county.
- Management Consultancy Services: Preparation of Risk Control Matrix (RCM), Standard Operating Procedure, and testing of Internal Financial Control (IFC).
- Maintaining and analyzing databases, such as the Logistics Cost Report, Sales, and Volume Report.
- Forensic Audit Services: Worked for the Income Tax Department of India.
- Conducted GST audit and detailed checking as part of the process for GSTR 9C preparation.
- Rendered advisory and consultancy services in respect of tax planning to various clients.
Education
Chartered Accountant -
The Institute of Chartered Accountant of India
11.2020
Bachelor of Commerce (B.Com Hons) - Accounting And Finance
St. Xavier's College
Kolkata05.2018
CFA Institute
Skills
- Geneva
- Automation
- Tally
- Microsoft Office
- Investran
- Ignite Pad
- Portfolio valuation
Accomplishments
- Awarded with Best Commerce Graduate by M.C Kejriwal Vidyapeeth for securing 2nd Rank(95% - ISC) in the batch of 300 students.
- Secured 9th Rank in International English Olympiad.
Timeline
Senior Analyst - Hedge Fund Accounting - Fin Ops
Arcesium India Pvt Ltd
04.2023 - Current
Senior Analyst - Private Equity Fund Accounting
Goldman Sachs
04.2021 - 04.2023
Articleship Trainee
GP Kedia and Associates
03.2017 - 03.2020
Chartered Accountant -
The Institute of Chartered Accountant of India
Bachelor of Commerce (B.Com Hons) - Accounting And Finance
St. Xavier's College
CFA Institute
Similar Profiles
Himanshu GoyalHimanshu Goyal
Financial Analyst - Trade Accounting and Operations at Arcesium India Pvt LtdFinancial Analyst - Trade Accounting and Operations at Arcesium India Pvt Ltd
ABHIJEET NAIBABHIJEET NAIB
Lead Engineer at Arcesium India Pvt LtdLead Engineer at Arcesium India Pvt Ltd
Shubham SinghShubham Singh
Product Manager at Arcesium India Pvt LtdProduct Manager at Arcesium India Pvt Ltd