Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Timeline
Generic

Rahul Vulchi

The Fund Accountant
Chennai

Summary

Dynamic Lead Fund Accountant with over 8 years of experience in fund administration and reconciliation, delivering precision and efficiency in high-pressure environments. Demonstrated expertise in overseeing complex fund operations, ensuring accurate NAV calculations, and enhancing client onboarding processes. Proficient in streamlining workflows and driving team performance while maintaining compliance with regulatory standards. Strong skills in financial securities and reconciliation strategies, leveraging exceptional communication and coordination to cultivate lasting client relationships. Committed to fostering continuous improvement and excellence in financial management.

Overview

7
7
years of professional experience
5
5
years of post-secondary education
4
4
Certifications
3
3
Languages

Work History

Lead Fund Accountant (supervisory)

BNY
07.2022 - Current
  • Led complex fund operations, ensuring accurate NAV calculations and compliance with regulatory standards.
  • Managed daily fund reconciliation, including cash, stock, and equity, while investigating aged breaks and coordinating with utilities for resolution.
  • Oversaw client onboarding and handled daily ad hoc requests, enhancing client relations and service delivery.
  • Streamlined performance fee calculations and budget variance adjustments, improving financial accuracy and reporting efficiency.
  • Works on Corporate actions like DRP, Script , Rights etc..
  • Prepared comprehensive NAV packs for 38 monthly hedge funds, facilitating informed decision-making for stakeholders.
  • Reviews the Team work and conducting training sessions to new joiners and team members.
  • Investigating the Aged breaks outstanding and following escalation matrix.
  • Publishing data to management on a daily, weekly, and monthly basis.
  • Posting / reviewing necessary adjustments like WHT, INT, and Fees etc. to clear the cash breaks.
  • Coordinating with all the utilities to get backups and necessary information of the mismatches.
  • Delivered timely month-end reports with a focus on data integrity and thorough analysis.
  • Maintained accurate transaction processing record.
  • Increased transparency within the organization through clear documentation of accounting policies and procedures.

Senior Analyst (Reconciliation)

Enfusion
09.2021 - 07.2022
  • Execute daily middle office trades, ensuring accurate position and cash reconciliations.
  • Manage booking of corporate actions and option exercises/assignments.
  • Conduct monthly trial balance reconciliation (NAV) with fund administrators.
  • Implement process improvements to enhance team efficiency and operational accuracy.
  • Adjust commissions and prices in alignment with prime brokers.

Senior Fund Administrator

State Street
12.2020 - 09.2021
  • Led new client migration initiatives, ensuring seamless transition and integration of funds.
  • Oversaw NAV accuracy by validating components prior to stakeholder release.
  • Conducted thorough verification of securities, collaborating with pricing teams to resolve discrepancies.
  • Managed monthly variance analyses and budget preparations, optimizing expense tracking.
  • Implemented new fund setups and share class configurations to meet client specifications.
  • Verifying Corporate Actions (Stock & Cash dividend, Bonus issue, Stock split, Reverse stock split, name change or ISIN change, Mergers, Spinoff, Rights issues and Tender offer etc.) to avoid NAV errors.
  • Preparing and posting reinvestment.
  • Calculation of NAV impacts and decision making.

Fund Accountant

BNP PARIBAS
04.2018 - 12.2020
  • Ensure accuracy of the funds 'trades, cash transactions and corporate actions and verified Securities prices to properly value portfolios.
  • Calculation of NAV daily, by recording movements ranging from debit and credit entries to complex rollovers and also reconciling broker statements and cash movements with respect to a fund.
  • Research and delivered specific client request such as daily net asset value impacts of late trades and reconciliation of portfolio holdings, helping division to surpass NAV accuracy goal of hundred percent.
  • Manual booking of trades (Future trades, Option trades, Equity trades, Corporate Actions, TAs)
  • Provides Support to existing Management Information System (MIS) by generating management reports in accurate and timely manner. Also, participates in cross-functional meetings to resolve client issues.
  • Securing financial information and reconciling discrepancies by analysing information to update in database backup.Also, supports Month End & Year End process.
  • Quarterly spotlight award for client appreciation and the same has been published BNY quarterly magazine.
  • Four times spark awards for aged recon breaks Clarence and finding the errors.
  • Bravo award for BAU manage on BCP situation.

Education

PGDM - Business Administration

Emeralds advanced institute of management
06.2016 - 09.2018

B.com - Accounts and Finance

SV University
06.2013 - 03.2016

Skills

  • Financial Securities

  • Accounting

  • Hedge Funds

  • Fund Accounting

  • Trading

  • Net Asset Value

  • Microsoft Office

  • Decision Making Skills

  • Geneva

  • Multifunds

  • MCH

  • TLM

  • IDC

  • BBG

  • Eagle

Accomplishments

  • Employee of the quarter 2025 Q1
  • Employee of the quarter 2023 Q3
  • Several Spotlight awards for break resolution , error findings and BCP manage.

Certification

NISM-Series-VIII: Equity Derivatives.

Timeline

Lead Fund Accountant (supervisory)

BNY
07.2022 - Current

Senior Analyst (Reconciliation)

Enfusion
09.2021 - 07.2022

Senior Fund Administrator

State Street
12.2020 - 09.2021

Fund Accountant

BNP PARIBAS
04.2018 - 12.2020

PGDM - Business Administration

Emeralds advanced institute of management
06.2016 - 09.2018

B.com - Accounts and Finance

SV University
06.2013 - 03.2016

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Rahul VulchiThe Fund Accountant