Meghna Singhania
FUND ACCOUNTANT
Bangalore
Summary
Detail-oriented Private Equity Fund Accounting professional with experience in fund and partnership accounting, NAV review, financial reporting, audit coordination, and regulatory compliance. Successfully managed migration of 10+ funds independently while delivering quarterly reporting within strict timelines. Experienced in solvency analysis for distributions and end-to-end financial statement preparation, with a strong focus on accuracy, controls, and process efficiency.
Overview
4
4
years of professional experience
2
2
Languages
Work History
ASSOCIATE III – Fund Accountant
APEX FUND SERVICES INDIA
07.2024 - Current
- Managed private equity fund and partnership accounting, ensuring accuracy and integrity in financial reporting.
- Handled the migration of 10+ funds single-handedly while simultaneously managing quarterly reporting deliverables, ensuring a seamless transition without impacting client timelines.
- Worked extensively on fund migration projects, including data validation, reconciliations, parallel runs, and system setup, to ensure accurate financial continuity.
- Worked on capital calls and distributions, ensuring correct investor allocations, and proper accounting treatment.
- Performed solvency calculations and compliance checks in relation to distributions, ensuring adherence to fund governing documents, and regulatory requirements.
- Reviewed and approved NAV calculations and financial statements; prepared monthly, quarterly, and annual reports, along with comprehensive client reporting.
- Coordinated with auditors during audit cycles, providing schedules and supporting documentation to ensure timely completion.
- Prepared and supported regulatory reporting requirements in compliance with applicable standards.
- Demonstrated proficiency in E-front and Paxus, enhancing efficiency in fund administration and reporting processes.
- Trained and mentored new hires, ensuring smooth onboarding, and consistent quality standards.
STAFF II – Fund Accountant
EISNERAMPER INDIA
12.2021 - 07.2024
- Oversee and execute daily, monthly, quarterly, and annual Fund Accounting functions for PE Funds, including bank reconciliations, valuations, expense accruals, investor allocations, and the calculation of interest accruals, management fees, and capital allocations.
- Reconcile cash balances for multiple accounts daily, and calculate quarter-end final and estimated NAVs.
- Review and prepare calculations for investor allocations, capital calls, distributions, and various fees (management, commitment, etc.). according to defined schedules.
- Prepare and review NAV packages, investor statements, and ensure rigorous quality assurance as the primary reviewer.
- Support the year-end audit process, collaborating with clients, auditors, and the team, while addressing ad-hoc client and audit queries.
- Create and update SOPs, maintain detailed checklists, and timesheets, and escalate issues as needed.
- Provide mentorship and training to new team members, and manage intercompany transactions and reconciliations to ensure accuracy and compliance.
- Contributed to the formation of new funds, assisting in the setup processes tailored to clients' needs.
Education
Post Graduate Program in Management - PGPM
ICFAI Business School
Bengaluru, India01.2022
Bachelor of Commerce - H
Calcutta University
Kolkata01.2018
Skills
Financial reporting
Audit coordination
Real estate funds
Fund accounting
Teamwork and collaboration
Yardi software
Timeline
ASSOCIATE III – Fund Accountant
APEX FUND SERVICES INDIA
07.2024 - Current
STAFF II – Fund Accountant
EISNERAMPER INDIA
12.2021 - 07.2024
Post Graduate Program in Management - PGPM
ICFAI Business School
Bachelor of Commerce - H
Calcutta University