Maithilee Karmarkar
Pune
Summary
Demonstrated success in accounts reconciliation and FX settlement, significantly improving client satisfaction through strategic relationship management. Skilled in analyzing Net Asset Value and resolving discrepancies, ensuring compliance and accuracy in financial operations. Reliable management professional with several years of expertise developing top-notch skills in customer service and team leadership in the retail industry. Ready to take on new challenges in an exciting new position. Detailed Client Service Associate known for having great organizational skills.
Overview
1
1
Certification
8
8
years of professional experience
Work History
Associate Manager
Tech Mahindra
05.2026 - Current
- Collaborated with technology teams to implement treasury automation initiatives, enhancing data accuracy and reporting efficiency.
- Developed reports and dashboards that streamlined treasury reporting processes, facilitating timely insights for stakeholders.
- Prepared foreign currency cash flow datasets for FX exposure and hedging analysis, enabling informed decision-making on currency risk management.
- Coordinated with AP, AR, Central Accounts, Payroll, and FP&A teams for treasury data collection and validation.
- Performed data consolidation, variance analysis, and financial reporting.
- Supported the Treasury Head and FX Leader in treasury operations and process improvements.
Financial Specialist, Fund/Client accounting
Bank of New York
11.2020 - 05.2026
- Facilitated US Mutual Fund Accounting by executing daily and monthly cash and position reconciliations to ensure financial accuracy.
- Performed pre-pricing and post-pricing activities, including NAV impact analysis and pricing validation.
- Executed post-pricing controls such as SOC1 generation, transaction edits, valuation edits, and audit checks.
- Investigated and resolved reconciliation breaks between accounting and custody for Mutual Funds and ETFs.
- Researched and resolved outstanding breaks including dividend, FX, corporate actions, coupon payments, expenses, and entitlement issues.
- Ensured reporting accuracy by validating security and derivative pricing against market standards.
- Worked with Middle Office Trade Capture team to validate complex trades as per blotter and advisor instructions.
- Processed and settled trades based on trade date, settlement date, and funding memos.
- Handled derivative products including Futures, Forwards, Options, and Swaps, including end-to-end futures reconciliation and variation margin.
- Generated and delivered MIS reports (daily/weekly/monthly) for cash and position reconciliation, meeting client SLA timelines.
Financial Analyst, Reconciliation- Stock-lending
State Street Syntel Services Pvt. Ltd.
05.2018 - 03.2020
- Managed stock lending income processes for interest, dividends, and settlement of fixed income and equity securities, ensuring accurate and timely transactions.
- Processed foreign exchange (FX) transactions for cross-currency settlements in stock lending, facilitating efficient currency conversion.
- Utilized platforms such as DTCC and EUCLID to verify factor rates, security details, and account information.
- Handled pre-reconciliation and payment processing, monitoring USD and non-USD exceptions to ensure compliance and accuracy.
- Validated payments and settlements through global platforms including SWIFT, CREST, EUROCLEAR, DTC, EQUILEND, and BONDLEND across US, EMEA, and APAC markets.
- India
Education
MBA - Finance
Savitribai Phule Pune University
Pune, IndiaB.com - Accounting & Finance
Savitribai Phule Pune University
Pune, IndiaSkills
- Financial reporting
- Accounts reconciliation
- Foreign exchange settlement
- Net asset value calculation
- Trade analysis
- Income processing
- Data validation
- Financial software
- DTCC
- TLM
- Data analytics
- Bloomberg
- Derivatives
- Transaction processing
- Advanced Excel
Certification
- SAP Finance and Controlling course, Udemy, 2022
- MS-CIT, 2015
- Tally-ERP, 2017
Languages
- English, Fluent
- Marathi, Fluent
- Hindi, Fluent
Timeline
Associate Manager
Tech Mahindra
05.2026 - Current
Financial Specialist, Fund/Client accounting
Bank of New York
11.2020 - 05.2026
Financial Analyst, Reconciliation- Stock-lending
State Street Syntel Services Pvt. Ltd.
05.2018 - 03.2020
MBA - Finance
Savitribai Phule Pune University
B.com - Accounting & Finance
Savitribai Phule Pune University