PRASAD JITTABOINA
Hyderabad
Summary
Thorough Fund Accountant talented at preparing profit and loss statements and providing daily, monthly, and quarterly analysis of fund performances. Assisting with taxation requirements and calculating the net asset value and gross asset value of fund assets.
Overview
5
5
years of professional experience
1
1
Certification
Work History
Senior Process Executive
Cognizant Technologies Solutions
Hyderabad
08.2022 - Current
- Responsible for processing and maintaining work papers for various types of funds including Private Equity, Real Estate, Credit, and Health Care Funds in the role of Senior Fund Accountant.
- Created two types of work papers: Investment Roll Forward File and Capital Roll Forward File.
- Ensuring the accuracy of Investment roll forward by applying thorough assessments every quarter.
- Capital roll forward: Roll forward of capital on a quarterly basis.
- Preparation of Capital Calls & Distributions and processing the wire instructions for the participants who are enrolled in the company Loan Program.
- Capital Calls & Distributions are prepared and processed based on the Fund Allocation percentages, which are determined by the respective Fund Managers.
- Monitored transactions of Capital Call through the Bank portal.
- Generating FMV/NAV calculations for the Funds by analysing Capital Calls & Distributions activities in each quarter.
- Posted the JEs for Capital Calls & Distributions on Oracle platform.
- Will Create Taxes Payable Tracker, which reflects all tax payments and Expenses tracker, which shows all fund level expenses.
- Performed Cash reconciliation on a daily basis and presented the reports to Fund Managers at month-end.
- Conducted routine four-eye-checks for verification of various client's net asset value and fund calculations.
- Responded to client escalation calls, fulfilled front office audit requests, and ensured accurate resolution of inquiries.
- Provided support to the team by assisting with various ad-hoc tasks and activities as assigned.
- Prepared and updated SOPs, ensuring they reflect new changes as needed.
US Accountant
Finacct Solutions India Pvt Ltd
Hyderabad
01.2022 - 08.2022
Process Associate
FMS Solutions India Pvt Ltd
Hyderabad
09.2020 - 01.2022
Accounts Executive
Sri Naga Krishna transport company
Hyderabad
06.2019 - 09.2020
Education
MBA-Finance -
Osmania University
Hyderabad, Telangana01-2019
B.com(cs) -
Mahatma Gandhi University
Kodad, Telangana01-2016
Skills
- Comprehensive Fund Accounting
- Private Equity Investment
- PCAPs
- GP/ LP Accounting
- Carried Interest Accounting
- Journal Entries Posting
- Reconciliations
- Accruals and Prepaids
- Month end activities
- Quarter-End Reporting
- Accounts receivable
- Accounts Payables
- Asset accounting & AUM
- Payroll Postings
- Financial Statements & Analytics
- Client-Specific SOP Updates
Personal Information
- Title: Senior Process Executive
(Fund Accountant)
- Date of Birth: 01/11/1996
Certification
- SAP S/4 HANA Finance & Controlling, Present, Hendry Harvin education- Chennai, 2342/IND/1481
- SAP ERP online training, 12/2023
- Tally ERP9, 05/2022, CAT computers- Kodad
- Microsoft office 365, 05/2016, CAT Computers Kodad
Languages
- Telugu
- English
Timeline
Senior Process Executive
Cognizant Technologies Solutions
08.2022 - Current
US Accountant
Finacct Solutions India Pvt Ltd
01.2022 - 08.2022
Process Associate
FMS Solutions India Pvt Ltd
09.2020 - 01.2022
Accounts Executive
Sri Naga Krishna transport company
06.2019 - 09.2020
MBA-Finance -
Osmania University
B.com(cs) -
Mahatma Gandhi University