Puly R L Vara Prasad
Hyderabad
Summary
- Dynamic finance professional with extensive experience at State Street Corporate Services, excelling in cash & Custody management and reconciliation also working closely with NAV team. Proven track record in optimizing capital activities and enhancing client communication. Adept at leveraging analytical skills to resolve discrepancies and drive operational excellence in fast-paced environments. Committed to delivering flawless outputs and fostering team collaboration.
- Collaborative professional with strong communication skills, fostering teamwork and cooperation in diverse environments. Demonstrates flexibility and open-mindedness, effectively integrating feedback and diverse perspectives. Proven ability to listen actively and adapt to changing situations, enhancing team dynamics and project outcomes.
Overview
5
5
years of professional experience
Work History
Associate-2
State Street Corporate Services Pvt. Ltd.
12.2022 - Current
- Managing a team of 8 people and making sure the outputs are flawless
- Manage a functional/oversight team's daily operations by keeping an eye on, evaluating, and verifying every action to guarantee precision and promptness in computations and processing, as well as compliance with controls
- Preparing client (Limited Partners) cash files that includes the contribution, Distribution notices, Limited partner capital calls, Return of capital, Gain/Loss, Management fee and Other expenses
- Keeping track of several prime brokers' daily cash and position, as well as accounting records for several currencies
- Monitoring all corporate action operations, such as bonus issues, dividends, and the amount of money needed to carry out the necessary pricing action
- Checking and preparing investor allocations and capital calls, payouts, and equalizations projections
- Booking all cash in-flows and outflows of an Investor which is either due to General Partner or due from Limited Partners into the systems
- Bank reconciliations for various funds are prepared, custody data is extracted, cash accounts are detailed, general ledger entries, posted and unseen entries are manually matched, and if an accounting breakout occurs, research, investigation, and solutions are found to close the break
- Maintain accurate daily and monthly activity logs by scheduling journal entries
- Reconcile and resolve discrepancies with other Shared Service teams, external clients and client operations as needed
- Reconcile and settle disagreements with external clients, client operations, and other Shared Service teams as necessary
- Review management fee calculations, including offset amounts, management fee waiver contributions
- Booking entries in Investran and IAI after posting notices in Ecfm (Electronic Cash Flow Module) pending approval
- Review and coach junior staff assists in the resolution of day-to-day issues
- To resolve any outstanding difficulties by professionally collaborating with interdepartmental teams, such as middle office, accounting, relationship management, and business solutions clients
- Processing Capital Calls, Daily Cash Reconciliation, Daily Trade bookings and Daily Expense Postings, Booking Interfund Cash transfers
- Performing Daily Cash Sweep Postings
- Reviewing Daily and Monthly Position Reconciliation and Monthly Expense Rolls
- Having working knowledge on Investran in booking general entries and pulling reports from reports wizard
Reconciliation analyst
FactSet systems India private limited.
03.2020 - 07.2022
- The main moto of the process is client should get the Analytics
- Dealing with instruments like Bonds, Options, Futures, Derivatives, Credit default swaps and interest rate swaps
- Portfolio Reconciliation is process of dealing with fixed income securities analytic movements
- Portfolio management is responsible in maintaining the accurate level to reconcile client data, using a combination of various benchmark tools (IDC, EDI and SIX)
- Reconciliation of FIXED income securities
- The activities will include:
- Dealing with instruments like Bonds, Options, Futures, Derivatives, Credit default swaps and interest rate swaps
- Dealing with fixed income security analytics like yields, spreads, duration
- Dealing with Terms and Conditions of securities and corporate actions
- Dealing with ISIN, CUSIP and SEDOL
- Adding coverage of different types of securities from vendors like TELEKURS and S&P Muni to gain coverage of US and Non-US fixed income securities and Municipal securities and also dealing with structured securities like Notional and Interest only and Mortgage securities
- Escalating the differences to the concerned team/entity for resolution
- If any of the client data (price, income or dividend, maturity date) is not matching with the vendor we will escalate to the client
- Investigated account discrepancies to ensure accurate data and meet client expectations
- Evaluated internal communication procedures and made suggestions for improving process
- Performed ad hoc analysis effectively in response to client inquiries every day
- Conducting effective testing procedure for new clients
- Day to day monitoring of analytics in client date central
- Effective in performing comprehensive portfolio analysis with Factset’s extensive coverage and reliable data history
Education
Master of Business Administration - finance
Osmania University
07-2019
Graduated - commerce
Osmania University
06-2017
Skills
- Data analysis
- Cash management
- Accounting software
- Client relationship management
- Cash management
- Cash Reconciliation
- Capital Activities
- Investran Accounting
- Cash Contributions & Cash Distributions
- Cash & Custody Reconciliations
- eFront Reconciliation
- Waterfall Calculation
- Private Equity
- Inkind / Stock Distributions
- Financial Research
- Investment Research
- Equity Research
- Research Analyst
- Primary Research
- Capital Market
- Portfolio Reconciliation
- Client communication
- Derivative Market
- Equity Analysis
- Portfolio Reconciliation
Disclaimer
All the details given above are true to the best of my knowledge. I would strive hard to bring credit to your esteemed organization.
Languages
- Telugu
- English
- Hindi
Personal Information
- Father's Name: Puly Ashok Kumar
- Date of Birth: 07/25/95
- Gender: Male
- Nationality: Indian
Timeline
Associate-2
State Street Corporate Services Pvt. Ltd.
12.2022 - Current
Reconciliation analyst
FactSet systems India private limited.
03.2020 - 07.2022
Master of Business Administration - finance
Osmania University
Graduated - commerce
Osmania University
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