Prashant Jangam

• Lead month-end closing activities, ensuring timely posting of accruals, provisions, reclass, depreciation, and recurring entries.
• Handle end-to-end intercompany including confirmations, mismatch resolution, ageing analysis, FX impacts, and elimination entries.
• Perform Balance Sheet Reconciliations (Bank, GRIR, Prepayments, Accruals, IC, Fixed Assets, Payroll).
• Prepare P&L and Balance Sheet reports with commentary on major variances.
• Execute fixed asset accounting – additions, disposals, transfers, depreciation run, asset roll-forward.
• Support statutory and internal audits by providing schedules, explanations, and documentation.

• Support IFRS and US GAAP reporting requirements.

• Collaborate with the FP&A and AP/AR teams to resolve open items and ensure the accuracy of financials..
• Identify process gaps, update SOPs, and implement continuous improvement initiatives.
• Work in high-volume, multi-entity environments with strict SLAs & quality compliance.

• Identify process gaps and drive process improvements and automation.

• Mentor junior team members and review their work for accuracy

• Processed funds up to finalization, prepared financial reports, and income tax returns.
• Maintained books of accounts on a daily basis related to general ledger, accounts receivable, and accounts payable.
• Processed bank transactions coding and reconciliation.
• Prepared payroll processing and STP filing.
• Prepared BAS, IAS, and TPAR (Taxable Payments Annual Report)
• ATO Reconciliation (GST, PAYGW, Income tax) with ICA/ITA.
• Posted monthly closing journals and preparation of monthly MIS reports.
• Maintained a fixed asset register, running depreciation every month, and reconciling with the balance sheet.
• Sending queries to clients regarding the information required.
• Perform daily accounting activities for multiple hedge funds, including reconciliation of portfolio transactions, calculation of net asset value (NAV), and valuation of securities.
• Review and process hedge fund expenses, including management and performance fees.

• Posted journal entries and performed GL accounting activities.
• Prepared balance sheet reconciliations and cleared open items.
• Assisted in month-end and year-end close activities.

• I have effectively led a team of 10 members, ensuring smooth coordination and achieving project milestones.
• Supervised and managed a team of 10 Super Fund Clients Representatives, ensuring exceptional service delivery to all clients and fostering a culture of excellence.
• Mentored and coached team members to foster professional growth and improve performance.
• Developed and implemented new policies and procedures to improve team productivity and efficiency.
• Analyzed current processes and identified areas for improvement, resulting in increased customer satisfaction.
• Coordinated closely with other teams to ensure that customer needs were met and exceeded.
• Developed and delivered team training sessions to ensure team members were up to date on the latest processes and procedures.
• Assisted in the recruitment, selection, and onboarding of new team members.
• Provided monthly, quarterly, and annual reports to the management regarding the site's performance.
• Preparation of funds for each financial year of various clients.
• Processed funds up to finalization, prepared financial reports, and income tax returns.
• Recording and classifying bank transactions.
• Maintaining accurate and up-to-date financial records.
• Reconciling errors or discrepancies, prepare financial reports and income tax returns.
• Saved all supported documents in Workpaper file as supporting evidence.
• Review the queries of the funds raised by the team members, and forward them to the clients for further clarifications.
• Review the funds of the team members for system and process improvements.
• Preparation of Trial Balance, Profit & Loss A/c, Balance sheet.
• Maintaining a relationship with the Front Office by handling queries regularly and effectively via conference call, meeting, and email.

• Review the queries of the funds raised by the team members, and forward them to the clients for further clarifications.
• Review the funds of the team members for system and process improvements
• Prepare financial reports and income tax returns.
• Record and manage daily cash transactions to ensure accurate financial reporting and cash flow management.
• Accurately record financial transactions, including invoices, receipts, journal entries, and conduct regular reconciliations to ensure that financial data in the general ledger matches.
• Perform end-to-end Record to Report (R2R) activities, including variance analysis and preparing reports for clients, ensuring accurate delivery of financial information.
• Bank Reconciliation with Daily, Monthly, and Annually.
• Prepare accurate financial statements, including balance sheets, income statements, and cash.
• Preparing and posting journal entries for accruals, deferrals, and other adjustments as needed.
• Invoice Processing. Month-end task and reporting.
• General Ledger, as well as Balance Sheet Reconciliation.
• Responding to client queries, and following up on any outstanding information and documentation required.
• Prepared report: Trial Balances, General Ledger, Financial Statements, and Balance Sheet.
• Recording and maintaining various processes related to Accounts Receivable and Payable.
• Managing fixed asset accounting, including recording acquisitions, disposals, and calculating depreciation expenses.
• Investigate and resolve any discrepancies identified during the reconciliation process.
• Coordinate year-end closing processes, ensuring all financial activities are accurately recorded within the required timeframes.
• Processing and posting of journal entries for all kinds of transaction adjustments into the general ledger system.
• Subsidiary ledgers, bank statements, and other external records.

• Company Overview: A leading innovator in SMSF service, delivering seamless and cost-effective solutions. An expert and proven partner for thousands of trustees and professionals.
• Passing Journal Entries (Revenue Accrual, Expense Accrual, Prepaid Setup, Prepaid Amortization, Correcting entries, Deferred Revenue, and Inter-company Accruals).
• Inter-company process, Accounts Receivable Invoicing, and Accounts Payable Invoicing.
• Preparation of Trial Balance, Profit & Loss A/c, Balance sheet.
• Retrieve web docs from registry, i.e., Computer Share, Link Market, Board Room.
• Conducted data review and followed standard practices to find solutions.
• Bank reconciliation (Handle daily fund account & reconcile with bank & if any query fund, then raise to client for an error & bank reconciliation with daily, monthly, and yearly).
• Follows up with the banks to clear any reconciling items requiring bank adjustments.
• The basic job is to ascertain the validity and reliability of the various items appearing on the financial statements, i.e., the trial balance and the general ledger.
• Processing various corporate actions in different software's, like BGL 360, Supermate, and Class Super.
• Managing receivables and payables and maintaining daily, monthly, quarterly, and annual records.
• Processing derivatives shares (listed, unlisted, overseas) associated unit trust, NAV (net asset value) calculation.
• Ensure figures flow into the financial statement are accurate for the whole year's financial data and record their position.
• Create fund as per client software requirement and assign cost base to take over fund and newly commence fund.
• Perform classification and identification of dividend, distribution accounting fees, management fees, deductible and nondeductible fees, and auditors' fee, etc.
• As per the client's investments. Perform shares, trust-managed investments, commercial property, residential property rent, gross-up property investment.
• Escalate unresolved variance to client ops with proper research.
• Save all supported documents in the Workpaper file as supporting evidence.
• Reviewing funds that have been completed by junior team members.
• Troubleshoots team members' issues and queries while processing the fundraising query to the client for required documents.
• Communicate with clients and discuss their tax issue and processing query part, which will help to reduce tax penalties.
• Maintain record of Investments, Realised, and Unrealised capital gain/loss.
• Releasing funds to onshore review team for release to client.
• A leading innovator in SMSF service, delivering seamless and cost-effective solutions. An expert and proven partner for thousands of trustees and professionals.
• Passing Journal Entries (Revenue Accrual, Expense Accrual, Prepaid Setup, Prepaid Amortization, Correcting entries, Deferred Revenue, and Intercompany Accruals, coding of AR and AP invoice)
• Intercompany process, Account Receivable Invoicing, and Account Payable invoicing process for intercompany have been transferred through a net meeting.
• Maintaining a relationship with the Front Office by handling queries regularly and effectively via conference call, meeting, and email.