Naveen Kumar
Bengaluru
Summary
Focused, diligent, goal- and process-oriented professional, with a proven performance record in the financial industry. Successfully accomplished 5+ years in financial roles, received an elevation in current organization, along with appreciation awards. Intentional learner, with a holistic and exhaustive understanding of Dividend, Bond, Equities and Miscellaneous Journals. Fund Accounting, Process Development, NAV calculation, Reconciliation (Stock, Cash, FX). Skills and Areas of Proven Performance: Fund Accounting (FA), NAV Calculation, Reconciliation, Process improvement, Training & Development, Quick Learner, Strong analytical skills, Team player with detail-oriented approach towards process execution, Compliance Assurance, MS Office exhaustive hands-on, Proficiency in English, Kannada, and Telugu languages.
Overview
5
5
years of professional experience
1
1
Certification
Work History
Senior Analyst
Northern trust operating services PVT.LTD
Bengaluru
04.2019 - Current
- Key responsibilities: End-to-end fund accounting (FA), managing UK funds.
- NAV calculation of traditional pooled funds (CCF, UCIT, NURS - Retail Funds, and COB)
- Intraday NAV calculation for Portfolio.
- End to End Fund Accounting (FA): Calculating NAV on a timely basis for the Fund Managers with zero errors.
- NAV Cycle, working in close coordination with the Trade, Corporate Action, Custody, and Transfer Agency Teams.
- Reconciliation between fund accounting, transfer agency, fund accounting, corporate action team, and fund accounting custody.
- Daily accrual booking for expense.
- Accrual booking for corporate action on XD.
- To monitor and ensure that all breaks are validated thoroughly and chased/followed up with respective departments.
- Experience in working of FIS Sungard Application (InvestOne, Exception Management System, and Fund Master).
- Experience in TLM-Premium Application, Workflow Management tool (OWM).
- Decision making (minimizing team escalation by prioritizing and executing the right workflow).
- Product and process training delivery to new team members.
- Maintained accurate records of all fund assets including securities, derivatives, options, futures contracts.
- Identified discrepancies between account activity and general ledger entries; researched issues with custodians or brokers when necessary.
- Performed ad hoc analysis on portfolios as requested by clients or internal departments.
- Generated weekly, monthly, quarterly performance summaries for clients along with commentary highlighting key changes in the market environment.
- Documented processes related to the reconciliation of trades and settlements with custodians.
- Participated in projects aimed at improving operational efficiencies within the department.
- Reviewed and reconciled daily cash balances to ensure accuracy of fund accounting records.
- Developed and implemented procedures for ensuring the accuracy of financial data in a timely manner.
- Ensured accurate processing of all security transactions related to funds under management.
- Conducted detailed reconciliations between custodian bank statements and internal accounts.
- Collaborated with external auditors during year-end audit process to ensure accuracy of financial reporting standards.
- Reconciled cash and stock portfolio, generating shareholder allocations, incentives and fee calculations for financial management.
Education
MBA (Finance) -
https://bangaloreuniversity.karnataka.gov.in/
Bengaluru, IndiaB.com -
http://tumkuruniversity.ac.in/
Tumkur, IndiaSkills
- Fund Accounting
- NAV Calculation
- Reconciliation
- Derivatives, Bonds and Equity related depth knowledge
- Process improvement
- Training & Development
- Quick Learner
- Strong analytical skills
- Team player
- Detail-oriented approach
- Compliance Assurance
- MS Office 360
Certification
NSS - National Service Scheme; participated in NSS while pursuing B.Com, and took leadership on Entire one week Camp management.
Timeline
Senior Analyst
Northern trust operating services PVT.LTD
04.2019 - Current
NSS - National Service Scheme; participated in NSS while pursuing B.Com, and took leadership on Entire one week Camp management.
MBA (Finance) -
https://bangaloreuniversity.karnataka.gov.in/
B.com -
http://tumkuruniversity.ac.in/
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