Piyush Singh

Fund Reconciliation Operation

• Responsible for all middle/back-office support which includes trade upload, reconciliations, payment processing and Daily/month/quarter end operations.
• Manage fund operations for top tier hedge funds including various products like equities, Futures, Swaps, Forwards and Options.
• Maintaining client relationship via email communication & Experience with Reuters.
• Ability to maintain strict confidentiality of client, investment and company information.
• Analyse and make bookings/amendments of corporate action breaks (Stock merger/ Acquisition, Change in ID, Rights offerings, Stock split, Stock Dividend. etc) after comparison with Reuters or PB/Admin.
• Ability to emphasis on timely break resolution and addressing recurring breaks.
• Various types of reconciliations between PB/ Admin for Trade, Cash, Position & Balance For ISDA,FCM & Equities), ISDA Settlement & Open trade Equity.
• To perform manual recons, along with daily checks for data to uninterrupted workflow

Fund Accounting Operation

• Responsible for Month-end NAV performing & reconciling with Admin NAV.
• Posting of Month-end Accruals. (Incomes and Expenses)
• Reconciliation for Realised & unrealised Market value & PnL with Admin.
• Performing Trail Balance & reconciliation with Admin Trail Balance report
• Reconciliation of Month-end Dividend & accrued Dividend with Admin
• Reconciliation of Month-end cash balance with Admin.
• Ability to identify month end breaks and provide resolution to the clients.

• Oversee daily operations of fund accounting department, including review of NAV Calculations, cash and position reconciliations, and investor reporting for 10+ Investment funds.
• Perform complex financial analysis, including performance attribution, benchmarking, and expense analysis, to support investment decision-making process.
• Provided Training on Month end & Daily NAV Calculation.
• Guide a team of 4+ fund accountants, providing guidance, training, and performance Evaluations to ensure high-quality deliverables.
• Collaborate with portfolio managers and investor relations team to address client Inquiries, resolve operational issues, and enhance client satisfaction.
• Liaising with Auditor on annual basis for auditing purpose and provide sufficient Backup for all transactions

• Prepared accurate and timely NAV Package, reconciled cash and positions, and prepared investor allocations for a portfolio of 5+ investment funds.
• Calculated allocation of management fee and other fund fee accruals across funds on monthly basis.
• Identifying the root cause of discrepancies, if any and resolving them by chasing counterparties, clients and custodians
• Managed Corporate Actions and dividend process i.e., Dividend Accruals, spin off, stock split.
• Supported audit engagements by providing requested documentation and assisting in audit inquiries.
• Prepared Financial Statements, footnotes, and management reports for regulatory filings and investor reporting.