Mohit Hiwale

State Street

10.2022 - Current

Ensure that income is 99.99% accurately settled, reconcile past-due income, and resolve discrepancies promptly within the specified deadlines
Ensure all standards are met, and that trade settlement information is checked on time
Observing every action, such as pre-matching (Accounting & Custody), cash break (Interest & Dividend), and security validation
Communicating with the accounting team, corporate action, Global income inquiry, and GTP
Collaborated closely with the counterparty and claims team to submit a cash break claim for dated receivables, which included contacting brokers and writing claim letters
Investigate share exceptions daily, ensuring all cash breaks are resolved and settled as soon as possible and within agreed-upon deadlines
Working with sensitive client specification reports on a weekly/Monthly basis to track cash balance related to the respective client
Supervised fund accounting support team operations, ensuring compliance with deadlines and efficiency in task execution
Experienced in end-to-end NAV calculation, fund accounting, mutual funds, and private equity
Enhanced operational efficiency by automating key reporting processes using Excel macros and VBA
Ensure all activities are performed within internal and external deadlines
Passionate about learning and committed to continual improvement.