RAKSHITHA M.D.
Bangalore
Summary
Finance and Audit professional with 5+ years of experience in Alternative Assets, Private Equity operations, reconciliations, financial reporting, and quality assurance. Experienced in client servicing, fund accounting support, process enhancement, regulatory adherence, and team coordination with a strong focus on accuracy and operational efficiency
Overview
5
5
years of professional experience
Work History
Senior Analyst
Northern Trust
04.2023 - Current
- Facilitated financial close activities, performed variance analysis, and prepared KPI and management reports for senior stakeholders.
- Reviewed and reconciled capital account statements, fund statements, and market values to ensure reporting accuracy and compliance.
- Prepared and reviewed monthly and quarterly financial reports, portfolio accounting reports, and reconciliations for private equity clients.
- Prepared year-end audit support files and coordinated with external auditors during audit cycles.
- Handled high-priority and sensitive client accounts while maintaining strict turnaround timelines and service quality.
- Partnered with cross-functional and offshore teams to identify and implement process improvements, enhancing operational efficiency.
- Mentored new joiners on reconciliation processes, reporting standards, client procedures, and operational controls, fostering team competency.
Analyst
Northern Trust
04.2021 - 04.2023
- Prepared consolidated GAAP-based reports to enhance monthly client deliverables and facilitate informed decision-making.
- Reviewed cash activity, asset details, income, and expense reports to ensure accuracy for private equity and hedge fund investments.
- Performed reconciliations and updated market values to ensure accurate financial records and reporting.
- Researched wire distributions and posted transactions accurately in line with client procedures.
- Supported audit and control activities by maintaining accurate reporting, comprehensive checklists, and organized documentation.
- Monitored team mailboxes, managed client queries, and coordinated timely resolutions with relevant stakeholders.
- Extracted and allocated DSM cases to auditors and tracked closure status to maintain operational efficiency.
- Prepared aging and reconciliation reports for the EMEA team and ensured pending items were resolved within deadlines.
Education
MBA - Finance & Business Analytics
Dayanand Sagar College of Engineering (Autonomous)
01-2020
Bachelor of Business Administration -
Seshadripuram Institute of Commerce and Management
01-2018
Skills
- Financial Reporting & Analysis
- Financial Analysis
- Variance Analysis
- Investment Analysis
- Compliance Analysis
- Performance reporting
- SAP FICO
- Advanced Excel
- Risk management
- Process Improvement
- Cross-Functional Collaboration
- Stakeholder Management
- Client Servicing
Accomplishments
- Recognized as Star Performer and received Best Overall Performance awards in 2022 and 2023.
- Achieved self-approver access within one year based on exceptional performance and accuracy.
- Handled high-value global assets and highly sensitive client procedures with strong operational controls.
- Received multiple client appreciations for exceptional service delivery and process support.
- Participated in implementation and training support for the ALE application migration project.
Quality Control And Operational Experience
- Ensured operational controls and procedures were followed for sensitive reconciliations and client-specific requirements.
- Validated transaction postings, security classifications, and market value updates to maintain reporting accuracy.
- Supported business continuity and compliance processes in alignment with organizational policies and standards.
- Tracked team statistics, audit checklists, and control reports for external audit readiness.
- Reviewed reconciled statements and monitored return-of-rate (ROR) controls to ensure process accuracy and risk mitigation.
Timeline
Senior Analyst
Northern Trust
04.2023 - Current
Analyst
Northern Trust
04.2021 - 04.2023
MBA - Finance & Business Analytics
Dayanand Sagar College of Engineering (Autonomous)
Bachelor of Business Administration -
Seshadripuram Institute of Commerce and Management