Lalita Pali
New Delhi
Summary
Results-driven Fund Accounting Manager with 15 years of experience in financial services. Demonstrates expertise in process efficiency and high-quality output, consistently exceeding client expectations. Skilled communicator with strong analytical and organizational capabilities, adept at leading teams and managing change. Seeking a challenging management role to leverage extensive background in fund accounting.
Overview
16
16
years of professional experience
Work History
Business Partner
Blackstone
New Delhi
04.2017 - Current
- Prepared quarterly financial statements for investors, including balance sheet, income statement, cash flow statement, and changes in partners' capital, enhancing transparency and accountability.
- Calculated and reported monthly assets under management and management fees to ensure accurate financial tracking.
- Preparation and Review of Flash and Final Monthly NAV Files, includes calculation of management fee, Admin Fee, incentives, Fund expenses and treatments of profit & Loss and ending Nav/Gav.
- Reconcile month end package provided by Admin in the month with our Nav files, tie one-o-one everything, opening capital (GAV/NAV), subscription, distributions, expenses, management Fee, audit Fee, Incentives and ending GAV/ NAV.
- Reconciled profit and loss accounts for each fund provided by Admin at month end and researched discrepancies.
- Review Distribution notices prepared by Admin (Calculation of the amount going to distribute investors).
- Prepare Regulatory reporting documents like Form PF, US pension request, Form ADV.
- Developed board materials for New York team, facilitating effective discussions during investor meetings and supporting strategic decision-making.
- Handle weekly calls with business partners for discussion work quality and any Ad-hoc request, any new transition or transformation of the work.
Fund Accountant
CITIBANK
New Delhi
11.2010 - 03.2017
- Record all accounting transactions of the fund and ensure all Transactions like Dividend, Interest, trades are booked accurately.
- Reconcile various accounts and research on the breaks & outages between CITY & Custody and book adjustments for the clearing the differences.
- Identify exceptions and differences (Derivatives, Equity, Corporate action, Fixed Income, Foreign Exchange) affecting accounting records and prices, work on these differences with Custody, Trade processing team and with client.
- Research on dividend, Interest, Corporate Actions (Stock split, stock dividend, DRP) etc.
- Shareholder work processing and income Distributions.
- Prepare timely and accurate NAV also performing NAV Reconciliation, yields, distributions and other fund accounting output for subsequent review.
- Pricing of securities, calculation and analysis of NAV.
- SWAP verification, Future verification & Forwards verification for some of the funds.
- Review reconciliations prepared by others as Quality checker.
- Write reports periodically to management on Fund activities and other related issues and also Auditing the work of team members for maintaining quality standards.
- Maintaining records for all the Trade processing, Trade Clearance, Subscription and Redemption of mutual fund units to the Release of NAV justifying the breakage.
- Prepare Portfolio report daily, weekly & monthly basis, format according requirement and send file globally to the requestors, Managers.
- Reconciled discrepancies in accounts and transactions efficiently.
- Managed daily accounting operations for client funds and investments.
- Reviewed and reconciled financial documents, such as bank statements and investment accounts.
Team Lead (Fund Accountant)
TCS
Gurgaon
11.2010 - 03.2017
Education
Master in Business Administration - FINANCE
All India Management Association
New DelhiBachelors of commerce - HONS
Delhi University
XII - Commerce stream
CBSE
X -
CBSE
Masters in Commerce - Accounting & Finance
Annamalai University
Skills
- Client relationship management
- SunGard
- Geneva
- Frontier
- Aexeo
- Enterprise
- Microsoft Office
- NAV reconciliation
- Fund accounting
- Performance analysis
- Effective communication
- Problem solving
- Financial reporting
- State Street Bank
Languages
- English
- Hindi
Key Highlights
- English
- Hindi
Personal Information
- English
- Hindi
Timeline
Business Partner
Blackstone
04.2017 - Current
Fund Accountant
CITIBANK
11.2010 - 03.2017
Team Lead (Fund Accountant)
TCS
11.2010 - 03.2017
Master in Business Administration - FINANCE
All India Management Association
Bachelors of commerce - HONS
Delhi University
XII - Commerce stream
CBSE
X -
CBSE
Masters in Commerce - Accounting & Finance
Annamalai University