Kunal Shetty

Current responsibilities:

o Handle complete reconciliation of client’s transactions

o Multiple entity Bank and Inter-company Reconciliation on monthly basis

o Preparing and Passing Journal entries for Accrual, Re-class to settlement account, Expense Allocation, etc

o Doing research, investigations and analysis, hence trying to analyse things in detail with an underlying

logic

o Preparing Inter company accounting and financial reports.

o Coordinating with treasury team and making statement of the transaction of inter-company by which

treasury make the payment accordingly.

o Managed two successful new transition processes, ensuring seamless integration and minimal disruption.

o Preforming reconciliation of cash to identify the reasons one variance and assisting management to develop

appropriate action plan

o Daily interactive with US / UK clients on working part.

o Checking and review of bank and inter-company reconciliation in a team.

• Working as custody side for reconciliation with Transfer agent fund statement.
• Doing research on discrepancy of positions between TA vs Custody.
• Coding breaks to the concern dept. for example corporate action, settlements, Transfer team.
• We need to perform the monthly reconciliation of mutual funds and hedge funds on the basis of frequency set by fund TA we receive the month end funds statement for monthly, Quarterly, semi-annually & Annually funds.
• Capture the breaks in Database for position discrepancies assign it to concern departments according to the nature of transactions.
• Chasing with Transfer Agents for statement via emails and phone.
• Raising the requests for New BBH ID and updating Recon Frequency for new funds.
• Manual match activity before daily swift allocation for position difference above 5th and 6th decimal breaks need to me manual matched in TLM application.
• I have reconciled the Daily transaction as well as position breaks with help of TLM software, as I know the TLM software in good Manner.

• Reconciliation of Dividend payments earn by client on their investments & receipting the distribution funding received from trustees.
• Reviewing overdrawn account balance of Management company. If account overdrawn a part of involving investigation to resolve.
• Daily updating position of distribution account and updating TB for Management company.
• Preparation of trustees reconciliation reports for every month and inform them about outstanding payments & transferring payments back to the trustees.
• Perform the task of 6 month & 6 year trustee reconciliation which involve the fund which is older than 6 months & 6 year monies in distribution account are transferred to unclaimed account & trustees account.
• There are various scenarios/cases that we investigate on daily basis and aim to clear outstanding transaction.
• Handle client and other team queries relate to payment of client via mail and paper work.
• Quality checking of daily work & Trustee reconciliation perform by other team members.
• Performing month end task as per All management company requirements.
• Adhere to strict timelines to meet deadlines, escalation and follow up with oversight team for any issue.
• Conduct process training of new joiners.
• Working under deadlines for a transfers and completion of allocated task.

• Reconciliation of Dividend payments earn by client on their investments & receipting the distribution funding received from trustees.
• Reviewing overdrawn account balance of Management Company. If account overdrawn a part of involving Investigation to resolve.
• Daily updating position of distribution account and updating TB for Management company.
• Perform the task of 6 month & 6 year trustee reconciliation which involve the fund which is older than 6 months & 6 year monies in distribution account are transferred to unclaimed account & trustees account.
• There are various scenarios/cases that we investigate on daily basis and aim to clear outstanding transaction.
• Bank book to cash book matching reconciliation.
• Passing journals follow up on mail and resolving queries.