RAJENDRA RANE
Senior Associate
Mumbai
Summary
Detail-oriented Senior Associate specializing in fund accounting and reconciliation. Enhanced operational efficiency through standardized procedures and timely issue resolution, ensuring accurate cash position reporting and effective investment product setups. Delivering impactful results in fast-paced environments.
Overview
3
3
Languages
7
7
years of professional experience
Work History
Senior Associate
Incedo
04.2025 - Current
- Completed custody reconciliations and performed model- and sleeve-based trading to support accurate execution and alignment with portfolio strategies.
- Tracked reconciliation cycles and resolved breaks, escalating issues to ensure timely reporting and adherence to deadlines.
- Supported end-to-end reconciliation of cash positions and income across multiple custodians, maintaining accuracy and completeness.
- Reviewed new accounts and set up investment products (IP) in Vestmark to support same-day trading, smooth account setup, and accurate reconciliation.
- Ensured timely file uploads across multiple custodians; raised system enhancement requests (JIRA) to proactively address onshore site issues affecting deliveries and visibility.
- Standardized and updated standard operating procedures to enhance process consistency and reduce manual intervention.
Associate
TLG India Pvt Ltd (Publicis Groupe)
06.2024 - 10.2024
- Closed monthly accounts receivable collections process.
- Coordinated with regional department on daily collection activities to ensure timely processing.
- Working with macro and cleared the due payment to vendors.
- Preparing cash flow (receipt register) to send to head office on a weekly basis.
- Coordinate with vendors and resolve the issue, like verifying invoice accuracy and completeness.
- Handled vendor inquiries to ensure timely resolution.
- Followed up on overdue invoices to expedite collections and maintain cash flow.
- Maintained detailed records of payment transactions.
- Created a tracking template for vendor statements and invoices to streamline reconciliation process.
- Generating reports to identify discrepancies or outstanding invoices.
Senior Associate
Incedo
01.2022 - 04.2024
- Created and reconciled reports for same-day trading activities, supporting traders' account management and facilitating timely decision-making.
- Reconciled accounts and tagged for rebalance during processing of 100% and partial asset transfer requests, ensuring accuracy in asset allocation.
- Managed client emails to resolve queries and enhance communication, improving client satisfaction through timely responses. and queries to address issues related to our designated work, enhancing client communication and satisfaction.
- Posted confirmations on Access Billing platform for received and delivered assets based on custodian: received, delivery, addition, and funding confirmed.
- To reconcile the closed accounts between custodian and APL, if an account received assets from other source after termination,
- If some accounts are not traded so we can check, the account drift portfolio cash.
Senior Analyst
State street HCL
12.2019 - 12.2021
- Performed daily/monthly cash and position reconciliation reviews and escalations between fund, custody, and prime broker to ensure accurate financial reporting.
- Coordinated with custody and accounting teams for hedge fund reconciliation, resolving all breaks to maintain data integrity.
- Analyzed cash and position income breaks, posting requisite trades, income, and expenses, and correlated cash positions in accounting application with trade file and broker custody report.
- Managed daily accounting tasks, which included booking trades from fund managers and reconciling fund activity, ensuring data accuracy through thorough daily checks.
- Managed subsidiary operations for State Street HCL Services (India) Private Limited since its incorporation in 2012. It's a private unlisted company and is classified as a company limited by shares. It has been (remove) in the Business Services business for the last 10 years.
Education
BCom - finance
Nirmala Memorial College of Science & Commerce
Mumbai12-2017
HSC - undefined
Nirmala Memorial College of Science & Commerce
Mumbai03-2014
SSC - undefined
Maharani Saibai Vidyamandir
Mumbai04-2012
Skills
Portfolio reconciliation
Trade analysis
Trade settlement and Vestmark setup
Financial software usage
Microsoft Office and Excel proficiency
Process improvement
Deadline orientation
Time management
Critical thinking and problem-solving
Interests
Traveling, Reading
Timeline
Senior Associate
Incedo
04.2025 - Current
Associate
TLG India Pvt Ltd (Publicis Groupe)
06.2024 - 10.2024
Senior Associate
Incedo
01.2022 - 04.2024
Senior Analyst
State street HCL
12.2019 - 12.2021
SSC - undefined
Maharani Saibai Vidyamandir
HSC - undefined
Nirmala Memorial College of Science & Commerce
BCom - finance
Nirmala Memorial College of Science & Commerce