Rahul Jhunjhunwala
Liluah
Summary
Dynamic finance professional with over 9 years of extensive experience, excelling in financial reporting and team leadership. Proven track record in driving process automation and enhancing client relationships. Recognized for outstanding performance, including multiple awards, while effectively training and developing teams to achieve operational excellence.
Overview
10
10
years of professional experience
Work History
FSR Manager
CITCO Fund Services
Hyderabad
11.2021 - Current
- Leading a team in the Financial Statements and Regulatory Reporting department at Citco Fund Services.
- Managing 5 (Five) clients that had exposure to Private Equity and Hedge Funds.
- Driving training programs for new joiners.
- Leading the scheduling process for the coming busy season to ensure each team has adequate clients and is utilized appropriately.
- Review the fund during a busy cycle to support the team, involved in troubleshooting as and when required, and managing deliverables to the client to ensure the team delivers within the allocated TAT.
- During my tenure with CITCO Fund Services, I have been recognized with Quarterly Best Performer awards, the Best Team award, and Monthly Spot awards.
Team Lead
CITCO Fund Services
Hyderabad
11.2021 - 06.2023
- Leading financial and regulatory reporting processes for U.S. and U.K.-based hedge funds, private equity funds.
- Involved in communication with clients, onshore business partners, and internal teams like the middle office (reconciliation), fund accounting for gathering relevant data, and resolving real-time queries related to financial statement reporting.
- Review of financials, resolving client and audit queries.
- Involved in FSR tool (FRAN) automations to drive efficiencies.
- Successfully migrated three (3) hedge fund and two (2) private equity clients from different administrators.
Senior Associate II
PwC IAC
Kolkata
12.2019 - 11.2021
- Involvement in daily workflow management, allocating resources to the assigned work, and monitoring performance against standards.
- Acting as a senior client and key contact point for a platinum client of the firm. Responsible for coordinating and maintaining productive relationships with key engagement team counterparts. Performing a qualitative review of all deliverables and providing reviewer sign-off.
- Testing of controls in engagements where an integrated audit is performed. Performing substantive audit procedures over various financial statement line items, as considered relevant by engagement team members.
- Performing audit assertions, like mathematical accuracy and internal consistency of financial statements, by using digital tools. Processing the qualitative disclosure checklist to ensure that financial statements have been prepared in accordance with relevant accounting standards.
- Conducted a test of details and controls for interest income/expense and dividends, with policies, auditing procedures, and evaluation of qualitative items.
- During my tenure, I have been awarded the Spot Award and the Lighthouse Award for my performance.
- I have audited funds from multiple territories, including the UK, the USA, Canada, and Australia.
Assistant Manager, Statutory Reporting
HSBC Securities Services
03.2015 - 10.2019
- Fund Accountant: HSBC Security Services, March 2015 - Nov 2016. Preparation of financial statements for funds in accordance with applicable Statement of Recommended Practice in an efficient and timely manner, in accordance with departmental and regulatory standards and procedures.
- Carrying out income and expenses analysis, various reconciliations for the funds, and preparation.
- Extracting data from the request builder.
- Assistant Manager, HSBC Security Services, December 2016 – October 2019. Reviewing financial statements of various UK-based funds administered by HSBC Security Services, following the guidelines of UK SORP (Statement of Recommended Practices).
- Being a part of RPA (Robotics Process Automation) in the year 2019, and having completed the project successfully, this helped the team reduce 3 FT counts.
- Liaising with operational teams to resolve queries, and standardizing procedures.
- Liaising with the business on an ongoing basis for improvement in templates and procedures.
- Supporting the audit/review process as needed.
- Regularly updating all related management reporting checklists, adhering to risk and compliance protocols.
- Training new joiners to develop their skills and knowledge levels, foster the development of co-workers, and participate in the development of cohesive teams.
- Special Dividend - To determine whether a special dividend declared by the company is income or capital.
- WD 1 – Clearing of accounts on the first working day of the period.
- Amortization - To review the amortization done by the accounts and the valuation team.
- Posting and reviewing year-end journals.
Article Assistant (Trainee)
Ajay Misra & Associates
- Nature of Work: Accounts, P/L accounts preparation, balance sheet preparation, cash book verification, consolidation of B/S, audit, statutory audit, tax audit, internal audit, stock audit, and tea garden audit.
Education
PCC (CA Inter) -
The Institute of Chartered Accountants of India
Kolkata11.2010
Executive Programme (CS Inter) - Company Law & Fianance
The Institute of Company Secretaries of India
Kolkata12.2011
Bachelor Of Commerce (HONS) -
Calcutta University
Kolkata01.2010
Higher Secondary Education (ISC) -
Rose Bud Liluah
Howrah01.2007
Secondary Education (ICSE) -
Rose Bud Liluah
Howrah01.2005
Skills
- Financial reporting
- Team leadership
- Performance monitoring
- Training development
- Process automation
- Client relationship management
- Adaptability and flexibility
- Time management
- Team collaboration
Hobbies and Interests
- Tracking Financial Markets
- Playing Cricket
Languages
- Hindi
- English
- Bengali
Personal Information
Date of Birth: 09/26/89
Timeline
FSR Manager
CITCO Fund Services
11.2021 - Current
Team Lead
CITCO Fund Services
11.2021 - 06.2023
Senior Associate II
PwC IAC
12.2019 - 11.2021
Assistant Manager, Statutory Reporting
HSBC Securities Services
03.2015 - 10.2019
Article Assistant (Trainee)
Ajay Misra & Associates
PCC (CA Inter) -
The Institute of Chartered Accountants of India
Executive Programme (CS Inter) - Company Law & Fianance
The Institute of Company Secretaries of India
Bachelor Of Commerce (HONS) -
Calcutta University
Higher Secondary Education (ISC) -
Rose Bud Liluah
Secondary Education (ICSE) -
Rose Bud Liluah
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