Nilesh Middha
Jaipur
Summary
Hedge Fund professional with over 5 years of experience in NAV calculation and fund accounting. Expertise in managing complete NAV cycles, complex fee structures, and capital activities while ensuring regulatory compliance. Proven track record in mentoring teams and enhancing processes to improve accuracy and efficiency in high-pressure environments.
Overview
6
6
years of professional experience
Work History
Executive Manager
NAV Consulting (Back Office IT Solutions Private Limited)
02.2020 - Current
- Oversaw end-to-end NAV production for Hedge Funds and FOF structures, guaranteeing timely and precise delivery of daily, monthly, and quarterly NAVs.
- Orchestrated, coordinated, and executed daily workflows for all client deliverables across various structures including stand-alone, master-feeder, FOF, side pocket investments, CTA and daily liquidity funds.
- Overseeing and coordinating monthly team of 12 members, evaluating and approving completed work.
- Managed capital activities including subscriptions, redemptions, transfers, and equalization calculations.
- Evaluating and approving fund-related payments to investors, vendors, and management company.
- Supporting preparation of MIS reports, OKRs, etc. for management.
- Performed independent price verification (IPV) and analyzed valuation discrepancies with pricing vendors and investment managers.
- Prepared and reviewed investor allocations along with NAV support schedules. Calculated and evaluated management fees, incentive fees, and performance fees based on high-water mark and hurdle rate structures.
- Served as primary point of contact for hedge fund clients, addressing NAV, valuation, and operational inquiries with professionalism and efficiency.
- Facilitated external audits and regulatory reporting, managing audit deliverables and addressing auditor inquiries.
- Evaluated NAV fluctuations and performance drivers, delivering clear insights to clients and internal stakeholders
- Facilitated monthly client review calls to assess satisfaction levels, pinpointed service gaps, escalated urgent issues, and collaborated with internal teams to implement effective resolutions and enhance client retention.
- Core Competencies
- Directed and supervised team of fund accountants
- Consistently provided precise NAVs under tight deadlines while overseeing intricate hedge fund structures and guiding high-performing team.
- Client communication regarding NAV inquiries, error resolution, and SLA compliance
- Facilitated process automation, UAT testing, and system migration support
- Driving process optimization initiatives to minimize NAV TAT & operational risk
Education
Chartered Accountant - undefined
ICAI
08.2019
M.Com - undefined
MGSU (Bikaner) University
03.2018
Higher Secondary - undefined
03.2012
Secondary - undefined
03.2010
Skills
Proficient with Microsoft Applications (Excel, Word, Outlook etc)
Award and Recognition
Certificate of Appreciation for a record of outstanding performance as a leader, Certificate of Appreciation for consistently meeting and exceeding performance targets.
Timeline
Executive Manager
NAV Consulting (Back Office IT Solutions Private Limited)
02.2020 - Current
Chartered Accountant - undefined
ICAI
M.Com - undefined
MGSU (Bikaner) University