MANOJ GANESAN
Coimbatore
Summary
Dynamic Fund Accountant with extensive experience and specializing in NAV Calculation and Reconciliation Team. Proven track record in financial statement preparation and managing complex hedge and mutual fund operations. Recognized for exceptional accuracy and leadership, driving process improvements and achieving zero escalations in TA Reconciliation.
Overview
7
7
years of professional experience
Work History
Fund Accountant - Senior Associate 1
APEX FUND SERVICES LLP
Bengaluru
08.2022 - 11.2024
- Responsible for accurate and timely production of the fund's daily and monthly accounting activities and net asset value calculation of the funds for various clients
- Reconciling the Daily Indices, the benchmark of the funds between different applications
- Validating the different type of asset classes inside the portfolios of the funds which includes checking of their prices and their daily fluctuation as per their tolerance
- Resolving Client queries and escalates immediately to the supervisor on any issues/queries/escalations
- Validation of NAV and its daily Fees Accruals calculated in the pricing tool and ensure all the controls and validation is done to ensure the most accurate NAV
- Preparing and delivering of month end financial reports such as Balance sheet, Income statement, trial balance and Movement of funds
- Reconcile cash flows Application and Redemption against transfer agency/Registry and recording in accounting platform
- Ensure that corporate actions have been booked correctly
- Ex: - Dividend, Stock split, spin off & Bonus shares etc
- Validate the movement of Futures & Options against broker statements and check coupon raised/interest accrual have correctly been processed for fixed interest securities
- Responsible to ensure outstanding settlements and Overdrafts have been settled
- Maintaining Daily Reporting of the Funds which includes NAV Tolerance Report, Inter-funding of Funds Reports, Unit Pricing Summary Reports, Daily Fees Reports etc
- On-boarding new funds, Setup in various system and performing testing
Fund Accountant - Specialist
STATESTREET HCL
TidalPark
11.2020 - 08.2022
- Acquired complete understanding of NAV Calculation & its related functions with various parties involved: Stock, Custody, TA, Pricing, Corporate Actions, etc
- Followed by Cash, Stock and TA reconciliation, passing of necessary journal entries to reflect accurate cash balance of the fund
- Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV& Then checking the pricing of securities invested in the fund
- Exceptions in pricing should be verified in Bloomberg terminal
- Performed in various aspects on stock discrepancies like Trade breaks, corporate action breaks like Dividend reinvestment, Repurchase offer, Bonus issue, Merger, Tender offer, Rights
- TA discrepancies like new share-class launch, Reversals, Dividend reinvestment
- Providing support in Audits for funds in the preparation on financial statements
- Complete audit reviews and ensure identified issues are documented and tracked to closure
- Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients
- Used to perform control checks on Long-pending breaks on a weekly basis
Fund Accountant - Associate Level 1
BNP PARIBAS Global Securities Operations
Ekattuthangal
06.2017 - 10.2020
- Subject matter expert in handling the wide range of investment products in Hedge fund & Mutual funds such as Equity, Options, Futures, Forwards, OTC Swaps, Repo
- US Treasury bills, fixed income, bank loans, dividend payments and corporate actions
- Result oriented decisive leader, with in-depth understanding of business processes & methodologies
- Exceptional planning and organizational skills, with demonstrated ability to manage multiple priorities in a rapidly changing environment and ability to work under pressure
- Functional expertise in handling Paxus, Multifond, Pcontrol, Hiport, Bloomberg
- Representing the weekly dashboard calls towards the client and onshore team
- Done process automations in order to achieve 100% accuracy
- Awarded for the “Excellent Commitment on the Performance” for the month of May 2020
- Awarded on TA Reconciliation for “Zero Escalation” for the Month of August 2018
- Had trained FTEs on stock and TA Reconciliation during migration process
Education
MBA - Finance
Sri Ramakrishna Engineering College
Coimbatore01.2017
Bachelor of Arts - Accounting
V.L.B. Janaki Ammal College
Coimbatore01.2014
High School Diploma -
Sri Visweswara Computer Centre
Coimbatore01.2010
Skills
- Financial statement preparation
- NAV Calculation (End to End)
- Reconciliation
- Management Fee Calculation
- Incentive Fee Calculation
- Hedge Fund
- Mutual Fund
Accomplishments
- Awarded for the 'Excellent Commitment on the Performance' for the month of May 2020.
- Awarded on TA Reconciliation for 'Zero Escalation' for the Month of August 2018.
- Had trained FTEs on stock and TA Reconciliation during migration process.
Languages
- English
- Tamil
Personal Information
- Father's Name: Mr. Ganesh R
- Date of Birth: 10/29/92
- Marital Status: Married
Timeline
Fund Accountant - Senior Associate 1
APEX FUND SERVICES LLP
08.2022 - 11.2024
Fund Accountant - Specialist
STATESTREET HCL
11.2020 - 08.2022
Fund Accountant - Associate Level 1
BNP PARIBAS Global Securities Operations
06.2017 - 10.2020
MBA - Finance
Sri Ramakrishna Engineering College
Bachelor of Arts - Accounting
V.L.B. Janaki Ammal College
High School Diploma -
Sri Visweswara Computer Centre
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