Kaustubh Prashant Sastikar

* Sucessfully transitioned and set up Banking administration process for NORAM, USA.

* Order credit card equipment directly from our vendor.

* Update and maintain User records in third party websites

* Support new and existing vendor relationships with partners and Sodexo management.

Implement programme requirements that support the accurate and timely operation of cash and credit card services.

* Follow protocol to onboard new and existing locations in a timely manner.

* Monitor activity for each solution to ensure compliance with Sodexo standards.

* Coordinate the closing of solutions with the vendor and local managers to ensure proper settlement of final deposit activity.

* Responsible for following procedures for all active programs

* Provide process improvement recommendations to Management

* Perform special projects as needed.

• Prepared detailed reports on weekly sales, expenses, and staff productivity for management review.
• Prepared statements detailing operational detail and key performance indicators.

• Bank Treasury & Reconciliations - Maintaining Banking payment instructions, Money movement, bank recs.
• Email correspondence with the clients for follow up of signatory approval of the online payment requests.
• Preparation of the weekly cashbooks of the client accounts on HSBC and various banking platforms used in the system.
• Preparation, collection, payment and follow up of invoices, Debit or Credit Notes.
• Input of fixed financial figures of Budget and forecast sheet in accounting systems as provided by the group for various financial entities. Finalization of P&L and Balance Sheet.
• Journal entries for Petty cash, incomes, prepaid & accruals, deferred revenue, intercompany journal entries, payroll, management fees, recharges fees to clients.
• Processing Premiums, Claims, Management fees, recharges invoices, audit fees, actuarial fees, employee reimbursements, Issuing cheques, various other invoices on banking systems.
• Assisting client accounting team in preparation of P&L and Balance sheet, preparing audit confirmations, assisting auditors in resolving audit queries.
• Preparation of US GAAP audit compliance and STAT files. Filing tax returns for companies in ESFR for Bermuda Domicle.
• Cash break reconciliations, adding bank accounts to systems as treasury person.
• Solving treasury related queries on platform, banking system and pending payment requests.
• Raising payment requests on various banking platforms for processing the payments.
• Accounting of Credit card expenses, immigration fees, various employee expenses, staff welfare, entertainment expenses accounting, intercompany payments and transactions, loans.
• Maintenance of Client register, KYC, updating banking details, Change in Address of Client.
• Attending time to time Anti Money Laundering trainings for Banking and Compliance.
• Preparation of board book and minutes of meetings and PPT for teams as and when required.

• Handling corporate client accounts of mid-market segments for US Pension Funds with Assets under Management of up to $800 million.
• Daily reconciliation of the cash breaks, stock breaks, past due incomes, fail trades, domestic and international corporate actions and mutual fund investments in accordance with department objectives and standards.
• Accounting for Purchase & Sale of Securities, Incomes, Dividends and Corporate Actions.
• Calculating Daily NAV for mutual funds Mutual funds/pricing Processing Daily Dividends/dividend reinvestments trades/trades/trade tie outs/Processing Wires/Corporate Bonds Government Bonds/Treasury bills income settlements
• Maintaining the Accrual is correct updating & Resolving Accrual error for fixed income funds.
• Pricing of securities & calculating Daily Net Asset Values for various entities.
• Calculating Coupon dates & income dates settlements for Hybrid funds.
• Calculation Daily Cap stock (Comparing Transfer agent Data with Outstanding shares balance) should be equal.
• Responsible for booking monthly Dividend income reinvestment trades for Allianz.
• Booking daily Dividends which are later pushed as dividend income reinvestment trades on 1st Business Day.
• Transferring of Shares from one account to another Client account.
• Processing Corporate Actions, Dividend's payments, online wire payments.