Kiran Kadam
Dombivali
Summary
Dynamic finance professional with extensive experience at CITI BANK NA, excelling in fund accounting and client relationship management. Proven track record in process improvement and financial reporting, enhancing operational efficiency. Adept at supervising teams and resolving complex issues, consistently delivering results that exceed expectations. Proficient in MS-Excel and skilled in corporate communications.
Overview
17
17
years of professional experience
Work History
Assistant Vice President
CITI BANK NA
INDIA
07.2018 - Current
- Monitored team performance metrics to ensure objectives were met or exceeded.
- Delegated tasks to comprehensively manage administrative projects and align with established objectives.
- Resolved conflicts between staff members while maintaining professional relationships.
- Developed and implemented strategic plans to achieve company objectives.
- Delegated work to the team, setting priorities and goals.
- Evaluated existing processes for effectiveness and recommended improvements when necessary.
- Improved productivity initiatives, managing budgets and accounts, coordinating itinerary and scheduling appointments.
- Review data today at work.
- Ensuring that NAV movements are in line with the underlying portfolio/benchmark.
- Ensure that all SEBI/AMFI regulations, circulars pertaining to valuation, income/expense accruals, and investment restrictions are adhered to.
Manager – Fund Accounting
SBI-SG Global Securities Services Pvt. Ltd
04.2016 - Current
- Manage daily operations of entire fund accounting activities for specific client/s and ensure stringent adherence to regulatory requirements
- Responsible for investment operation activities, income and expense accrual, dividend distribution etc
- Ensuring that NAV movements are inline with underlying portfolio / benchmark
- Independent coordination with various auditors and ensure NIL adverse observations
- Ensure all transactions meet appropriate requirements and complete trade processing accurately and timely according to market and client specific requirements and deadlines
- Maintain and nurture relationship with assigned clientele, understand client requirement, pro-actively explore feasibility and address them deftly to ensure client delight
- Well versed with various regulations pertaining to Mutual Funds
- Ensure that all SEBI/AMFI regulations/circulars pertaining to valuation, income/expense accruals and investment restrictions are adhered to
- Ensuring distributable surplus is correctly computed in accordance with SEBI Regulations / Accounting policies
- Computation of Income equalisation and distributable surplus and ensuring accurate accounting of DDT & Dividend
- Identifying areas of process improvement through automation or otherwise
- Ensuring accurate MIS, both internal and statutory are provided within the stipulated / agreed time
- Reviewing Bank and Holding reconciliations and resolving breaks
- Trial Balance Scrutiny and highlighting the issues to stakeholders in a timely manner
- Preparation & Checking of financial statements in accordance with Regulations
- Handling Audits and liaise with auditors for timely and successful completion of audit
Assistant manager – Fund Accounting
CITI BANK N.A.
04.2013 - 03.2016
- To generate and release NAV as per the regulatory cut-offs on daily basis
- Review of Daily NAV’s, Monthly Fact sheets, Half yearly Portfolio, Half yearly Financial, other adhoc reports as requested from Client’s end
- Resolving the queries of concurrent auditors appointed by client & Citi on daily NAV’s checks
- Ensure seamless delivery of assigned client’s NAV before AMFI’s regulatory deadline
- Liaising with Statutory & Internal auditors for resolving their queries and finalizing the Financial Statement and subsequent Audit
- First point of escalation for all process related issues from internal/external customers
- Acting as a primary backup for other client’s NAV in my cluster
- Tax administration: Review of Form 63A and quarterly TDS returns to be sent to clients
- Vendor management: Review of vendor expense processing for clients and its liaising for query resolution
Assistant manager - Banking Operation
Reliance Capital Asset management company Ltd.
01.2008 - 03.2013
- Monitoring the Scheme Reconciliation - Subscription, Redemption, Dividend, Switch in and Switch out for all Liquid, Non Liquid schemes and all FMP & Interval Funds
- Bank Reconciliation for all the Scheme Bank Accounts (approx 1500 accounts across 16 Banks)
- Ensuring the timely credit updating for all Physical, Online & channel partners transactions
- Monitoring the redemption payout on daily basis with in given respective TAT and analysis for rejection of electronic mode payouts and act action taken accordingly
- Tracking the Redemption & Dividend closing Payables and reason for pending
- Co-ordinating with the Fund Accountant, Banker and Registrar & Transfer Agent
- Managing complete migration and function of RMF Reconciliation Project for 16 Equity schemes (2.68 Cr transaction amounting to Rs 26812 cr)
- Managing and Funding the ATM payout activity to the investors
- Handling Switch Funding from scheme to scheme and publishing fund movement to Fund managers
- Handling banks tie ups and providing relevant information on excess debits like charges information to management and take up the issues with respective banks
- Maintaining funding activity to respective scheme accounts
- Handling Audit queries related to banking operations quarterly, half yearly and yearly
- Ensuring no audit queries open related to Banking operations
- Mapping NFOs bank Final certificate with bank collection to support the UNIT allotment and refund process for reject cases
Education
Bachelor of Commerce -
Mumbai University
Skills
- Fund accounting
- Client relationship management
- Process improvement
- Excel proficiency
- Financial statement preparation
- Problem-solving
Languages
- English
- Hindi
- Marathi
Personal Information
- Date of Birth: 02/04/84
- Marital Status: Married
Professional Overview
An astute professional offering nearly 9 years of extensive experience in Fund accounting, Banking Operations & Reconciliation. Currently working with SBI-SG Global Securities Services Pvt. Ltd as Manager. Work with CITI Bank N.A as Assistant manager. Work with Reliance Capital Asset Management Limited as Assistant manager. Well versed with Fund accounting and Bank Reconciliations.
Languages
Marathi
First Language
English
Proficient (C2)
C2
Hindi
Proficient (C2)
C2
Timeline
Assistant Vice President
CITI BANK NA
07.2018 - Current
Manager – Fund Accounting
SBI-SG Global Securities Services Pvt. Ltd
04.2016 - Current
Assistant manager – Fund Accounting
CITI BANK N.A.
04.2013 - 03.2016
Assistant manager - Banking Operation
Reliance Capital Asset management company Ltd.
01.2008 - 03.2013
Bachelor of Commerce -
Mumbai University
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