Navratan Sethi
Chartered Accountant
Jaipur
Summary
Professional in fund accounting with strong background in financial management and reporting. Proven ability to deliver impactful results through strategic planning and effective fund administration. Known for fostering team collaboration, adapting to changing needs, and reliable execution of tasks. Expertise in financial analysis, regulatory compliance, and client relationship management.
Overview
14
14
years of professional experience
6033
6033
years of post-secondary education
1
1
Certification
2
2
Languages
Work History
Fund Account Manager
NAV Fund Services India Private Limited
02.2022 - Current
- Company Overview: A subsidiary of NAV Consulting Inc., United States). Website: www.navfundservices.com.
- Managed end-to-end accounting for private equity, real estate, credit, crypto, and venture capital funds, ensuring compliance with client and regulatory requirements.
- Oversaw accounting for capital activities, including capital calls, distributions, management fees, NAV calculations, and carried interest across multiple funds.
- Reviewed and posted journal entries, including recurring JEs, accruals, and prepayment adjustments, with supporting documentation.
- Performed and reviewed complex waterfall calculations and investor allocations.
- Prepared and finalized books of accounts on a monthly/quarterly basis, ensuring accuracy and timely delivery of financial statements, investor capital statements, and other client deliverables.
- Led fund audits by coordinating with auditors, providing accurate documentation, and resolving audit queries within defined timelines.
- Acted as a primary liaison with clients, handling fund-related queries, and ensuring high-quality service delivery.
- Designed and implemented process improvements, including workflow optimization and automation initiatives, reducing month-end closing timelines, and enhancing reporting accuracy.
- Supported the creation and review of SOPs, and cheat sheets for knowledge transfer, and onboarding of new activities, or transitions.
- Conducted peer reviews and internal quality checks to identify process gaps and training needs, contributing to enhanced team performance.
- Managed and mentored a team of fund accountants by monitoring daily activities, resolving escalations, and ensuring knowledge upgrades through regular training sessions.
- Strengthened client relationships through proactive communication, timely updates, and resolution of operational concerns.
- Collaborated cross-functionally with operations and compliance teams to ensure seamless workflow integration and compliance.
Assistant Manager - Finance & Accounts
Bell Sonica Auto Component India Private Limited
07.2018 - 01.2022
- Company Overview: Joint Venture of Maruti Suzuki India Limited and Bell Sonica Corporation, Japan. Website: www.bellsonica.co.jp/english/e_subsidiaries.html.
- Prepared and presented Financial Statements as per Ind-AS and Schedule VI, including supporting schedules (Related Party, Financial Instruments, Employee Benefits, etc.).
- Coordinated with statutory and internal auditors, ensuring timely audit completion and compliance.
- Reviewed GL and bank reconciliations, accounts receivable/payable aging, and project cost monitoring.
- Managed vendor/customer accounting, booking of sales, royalty computation, credit/debit notes and fixed asset accounting.
- Oversaw direct tax compliance, including ITR filing, advance tax computation, and handling assessments & appeals.
- Prepared and filed Form 3CD (Tax Audit), 3CEB (TP Compliance), and 3CEAA (Master File) in coordination with consultants.
- Managed indirect tax compliance, including filing of GSTR-1, GSTR-3B, GSTR-9/9C, and responding to GST notices.
- Prepared monthly MIS reports, cash flow analysis, and P&L variance analysis for senior management.
Internal Audit Executive
Prem Shankar & Company
01.2017 - 07.2018
- Company Overview Mehsana District Co-operative Milk Producers' Union Ltd. (Dudhsagar Dairy), Manesar.
- Industry: Dairy.|Field: Compliance and Audit.
- Conducted internal control audits and ensured adherence to company policies and statutory compliance (TDS, GST, PF, ESI).
- Reviewed third-party agreements for compliance, and reported discrepancies.
- Verified milk transportation bills and chilling centers, PR/PO/GRN documents, and established a clear audit trail.
- Performed physical verification of inventory and fixed assets on a quarterly basis.
Article Assistant
Vijay Garg and Associates
02.2012 - 02.2015
- Industries Handled: Power, Oil, Banking.|
- Work Field: Audit, Tax Compliance, Accounting.
- Conducted asset audits and physical verification of stores, plant and machinery, and MBO assets.
- Handled statutory compliance, including TDS, PF, ESI, and conducted inter-bank and cash reconciliations.
- Executed bank audits, including NPA classification, compliance with RBI norms, and preparation of LFAR reports.
- Performed credit appraisals, verified FIRC/BRC, ensured KYC compliance, and flagged revenue leakage.
- Prepared and filed tax returns, assisted in stock audits, and supported partnership reconstitution procedures.
Education
Bachelor in Commerce - Commerce
University of Rajasthan
Jaipur, IndiaHigher Secondary - Commerce
Rajasthan Board of Secondary Education
Jaipur, IndiaSenior Secondary -
Rajasthan Board of Secondary Education
Jaipur, IndiaSkills
Hands-on experience with NAV-India in-house systems including NAV-FAS (Accounting), NAV-RTA (Investor Services), and NAV-MDM (Master Data Management)
Certification
Chartered Accountant, Institute of Chartered Accountants of India, Nov, 2017, Exemption in FR, SFM and ISCA
Achievements & Extra Curricular Activities
- Best Performer Award (2023) and promoted twice within a short span for exceptional contributions in NAV Fund Services.
- Former Organising Committee Member of CAFY – event featured in the Limca Book of Records.
- Active volunteer at Paudha Foundation and NSS; participated in seed bombing and plantation drives.
- Selected as student speaker at National CA Conventions (2014 & 2015) on TDS and Risk-Based Audit.
- 1st rank in Rajasthan – Samagra Swasthya Gyan Pratiyogita by International Naturopathy Organisation.
- Volunteered at multiple National CA Student Conventions (2011–2013) hosted by ICAI, Jaipur.
Timeline
Fund Account Manager
NAV Fund Services India Private Limited
02.2022 - Current
Assistant Manager - Finance & Accounts
Bell Sonica Auto Component India Private Limited
07.2018 - 01.2022
Chartered Accountant, Institute of Chartered Accountants of India, Nov, 2017, Exemption in FR, SFM and ISCA
11-2017
Internal Audit Executive
Prem Shankar & Company
01.2017 - 07.2018
Article Assistant
Vijay Garg and Associates
02.2012 - 02.2015
Bachelor in Commerce - Commerce
University of Rajasthan
Higher Secondary - Commerce
Rajasthan Board of Secondary Education
Senior Secondary -
Rajasthan Board of Secondary Education
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