Mukul Babbar
Summary
Finance professional experience in investment operations, reconciliation, and financial reporting. Skilled in managing complex portfolios, resolving data discrepancies, and supporting audits across global financial institutions. Proficient in tools like Oracle, Bloomberg, and GIM, with strong knowledge of capital markets and accounting processes. Known for accuracy, process improvement, and effective cross-functional collaboration.
Overview
10
10
years of professional experience
Work History
Lead Financial Data Associate
Clearwater Analytics
08.2023 - Current
- Performed daily reconciliation of investment portfolio transactions and holdings with accuracy and timeliness using advanced web-based platforms.
- Provided clients with clear and timely updates on portfolio status, consistently meeting strict daily reporting deadlines.
- Investigated and resolved reconciliation breaks to maintain data integrity across multiple systems and sources.
- Streamlined workflows by identifying inefficiencies and implementing targeted process improvements.
- Mentored and supported junior analysts, offering subject matter expertise in reconciliation tools and procedures.
- Served as a liaison between leadership, clients, and cross-functional teams to resolve operational concerns and improve service delivery.
- Utilized industry knowledge and reconciliation expertise to handle client inquiries and inform strategic decisions.
- Participated in client calls and meetings alongside leadership to strengthen client relationships and ensure high-quality service.
Finance Executive
Tower Research Capital India Pvt. Ltd.
06.2022 - 08.2023
- Prepare bank reconciliation across US and European entities.
- Invoice allocations and vendor payments.
- Prepare fixed asset register, depreciation schedule and asset retirements etc.
- User fee calculations and posting intercompany journal’s.
- Maintain general ledger accounts and prepare journal entries for accruals & prepayments.
- Support controllers and auditors in conducting internal and external audits.
- Perform intercompany accounts reconciliation and ensures that inter-company invoicing follows inter-company agreements.
- Review Balance Sheet clearing accounts on periodical basis and prepare reconciliation for any open and clearing items.
- Employee reimbursement review and approvals on Concur.
Assistant Manager
Citicorp Services India Pvt. Ltd.
09.2019 - 06.2022
- Security creation/updation in accounting system based on trade ticket provided by trade settlement team.
- Principle paydown updation in accounting system.
- Review and validate the prices for capital market instruments i.e. Corporate Bonds, MBS, Equity, Futures, Options etc.
- Evaluating the integrity of vendor supplied pricing data against market movements and alternative sources.
- Review securities requiring additional research due to various corporate actions or other market and significant events.
- Assist in identifying and implementing desirable systems or procedures enhancements.
- Provide effective maker/checker function to ensure data quality and accuracy.
- Ensure adherence to all audit policies and procedures.
Sr. Accounting & Reconciliation Analyst
Ameriprise Financials LLP.
06.2016 - 09.2019
- Reconciliation of cash balances, transactions and positions between our records vis-a-vis banks and researching for the discrepancies.
- Preparation of cash reports, market valuations, holding reports etc. for different accounts.
- Reconciliation of all corporate actions between GIM with Bank records.
- Processing manual entries in GIM for incomes, expenses, bank fees, litigations, currency repatriations, re-balancing transactions etc.
- Delivery of various kinds of month-end tasks which helps the Reporting team to complete their ME/QE/YE reporting obligations viz., preparation of month End Reconciliation’s, Trial balance review etc.
Analyst
Exl Service India Pvt. Ltd.
08.2015 - 06.2016
- Processing vendor invoices within the given timeline.
- Make payments to vendor’s on time.
- Posting closing entries in oracle for monthend reconciliation.
- Preparing documentation for all transactions recorded.
- Esclating the issues/concerns and responding vendor queries.
- Reconciling/validating vendor payments on bank portal.
Education
MBA - Finance
Kurukshetra University
06-2015
B.B.A -
Maharishi Dayanand University
06-2013
Skills
- Fund Accounting
- Nav Calculations
- Corporate Actions
- Security Pricing
- Security Creation
- Portfolio Reconciliation
- General Accounting
- Bloomberg
Awards
Copper Award, Thinking Cap Award, Ammy Gold Award, Customer Excellence Award, Spot Award
Timeline
Lead Financial Data Associate
Clearwater Analytics
08.2023 - Current
Finance Executive
Tower Research Capital India Pvt. Ltd.
06.2022 - 08.2023
Assistant Manager
Citicorp Services India Pvt. Ltd.
09.2019 - 06.2022
Sr. Accounting & Reconciliation Analyst
Ameriprise Financials LLP.
06.2016 - 09.2019
Analyst
Exl Service India Pvt. Ltd.
08.2015 - 06.2016
MBA - Finance
Kurukshetra University
B.B.A -
Maharishi Dayanand University
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