Ramesh Vishwakarma
Ulhasnagar
Summary
Finance professional with extensive experience at BNP Paribas, specializing in fund accounting and NAV calculations. Demonstrated ability to enhance client relationships and lead high-performing teams. Expertise in portfolio valuation and cash reconciliation, consistently delivering precise results while promoting employee engagement.
Overview
12
12
years of professional experience
Work History
Assistant Manager
BNP Paribas
04.2024 - Current
- Supervising the overall function of the fund and providing accounting services to assigned clients, including determining net asset values (NAV) for each measurement cycle.
- Calculating fund performance, allocating expenses, and preparing reports and resolving escalated issues from clients/IM.
- Performing research on cash and position exception for equity, fixed income, and derivative products & liaising like corporate action, Settlements, Collateral and Sales.
- Ensured clients receive needed information in a timely manner and that all accounting support needs are met.
- Researching, analyzing and performing Market Valuation for client’s portfolio related to Equities, Fixed income and derivatives and providing accurate data to Client, Stakeholders and Custodian banks.
- Providing effective resolution to customer/client queries and improving relationships with the customer by anticipating customer future requirements, thereby ensuring a positive customer experience.
- Identifying improvement areas and implementing adequate measures to maximize clients queries and improving relationships with the customer by a positive customer experience clients satisfaction level.
- Monitoring utilization of existing resources and manpower; planning targets, monitoring numbers and achievement of overall targets on a daily, weekly & monthly basis.
- Keeping TAT & SLA commitments, handling escalations and monitoring Quality Standards of team through constant monitoring and providing feedback.
- Recruits, directs, motivates and develops staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team and contributes to the.
- Managed daily nav calculations, journal entries and fund accounting operations for mutual funds and hedge funds.
- Supervising/Performing cash and stock reconciliations (custody VS accounting) for any discrepancy including performance fees, MTM, and swap adjustments.
- Research and resolved pricing exceptions, tolerance break and discrepancy in nav related transactions.
- Handled collateral reconciliations (cash and security) and maintain accuracy of the corporate actions maintaining the checklist for the same to check total cost and market cost change etc.
- Processing dividend distributions and also track the monthly dividend.
- Ensuring the correct fund onboarding and offboarding, mergers, liquidation of fund also save checklist for the same for audit proofs.
- Preparing key documents and reports for month end, year-end Nav closures, supported various ad-hoc activities.
- Maintain and updated SOP, DPM to align with evolving client’s requirement ensure zero tolerance policy adherence in Nav release.
Associate I (Supervisor)
Bank of New York Mellon
07.2022 - 04.2024
- Preparing & reviewing NAV for the fund on monthly & quarterly basis.
- Ensuring fund income and expenses including fees are accrued on the funds.
- Posting Trades, Fees, Accrual, Paydowns & settlement entries on accounting side post checking with IM, Broker and Custody.
- Verify corporate action for the fund with BBG & DTC.
- Identifying exceptions & perform reconciliation from Broker & IM for cash & position breaks.
- Investigating issues in capital activity, cash balance, cost and valuation of NAV.
- Verify accruals booking & its payments post receipt of invoice from IM.
- Reviewing statement and finalizing Nav pack for the client.
Financial analyst (Senior Associate)
Hexaware Technologies Limited
06.2020 - 04.2022
- Reviewing and preparing the cash & position reconciliation.
- Working on capital activity, posting the subscription/redemption entries as per the client instructions on daily basis.
- Working on dividend and income exceptions & reconcile with BBG.
- Working on weekly activities like future/swap recon and verifying cash and position with broker statement.
- Researching and analyzing Clients’ portfolios and data’s of accredited stakeholder.
- Applications used in daily recon process - CTC, ACE, PMS, APEX, BOSS, AB Advantage system.
- Performing research on cash and position exception for equity, fixed income, and derivative products & liaising with internal teams like corporate action, Settlements, Collateral and Sales.
- Researching, analyzing, matching, coding and sourcing exception in clients system.
- Working on corporate action breaks & resolving them.
- Overdraft activity is performed on daily basis in order to avoid O/D charges occurring in client’s portfolio and managing base/domestic account on timely basis.
- Repatriation activity is performed on client demand or due to exception occurring in cash by filling accurate details with authorized signatures sent to Custodian via FAX.
- Performing Rebalancing activity for Clients Parent and Sub accounts.
- Daily Cash flow posting (Inflow / Outflow) for Future dated transactions in ACE at 7 AM, 11 AM and 2 PM EST.
- Researching, analyzing and performing Market Valuation for client’s portfolio related to Equities, Fixed income and derivatives and providing accurate data to Client, Stakeholders and Custodian banks.
- Reviewing multiple Custodian portal as State Street, JP Morgan, Northern Trust, BNY Mellon, BBH, MS,GS for custody reports for accurate information.
- Daily recon call with Client regarding cash & position exception queries in order to maintain TAT.
- Preparation of Daily processing manuals, updating SOP, Training materials, Root cause analysis, Allocation of activities, Daily hurdle, Error note, MIS, Checklist, Internal & external Error log etc.
Financial analyst (Sr. Associate cum SME)
State Street Syntel Services Pvt LTD
01.2015 - 02.2018
- To verify all types of trades which are booked and processed those are accurate as per the Market Price through Bloomberg.
- Verifying the Corporate Action summary report which includes the Daily Corporate Action Processed in a fund with the Bloomberg.
- Reconciliation of Trial to check for any discrepancies.
- Reconciliation of Ledger and Sub-Ledger’s.
- Updating of the portfolio to current Market Value on Daily basis and calculation of Unrealized Gain or Loss.
- Processing activity which is allocated to us on or before deadline.
- Reconciliation of the impacts.
- Researching of the impacts with the application used (NAV Alert) & MCH (Accounting Database).
- Verifying the impacts with the Bloomberg.
- Checking the Corporate Action if any in the reports.
- Verifying Price Fluctuation in currency.
- Resolving the query raised by the Client.
- Coordinating with other team members.
- Migration of Activities from Client and sharing it with other teams.
- Preparing and verifying monthly Proofs, working & checking exception reflect in reports.
- Verifying daily mark to market.
Accountant
Jai Bharat Auto electric works & Pvt Ltd
06.2013 - 07.2014
- Finalizing of Accounts on a daily basis.
- Generating Accounting reports as a when required.
- Actively participating in collection of debtors & payments of creditors.
- Actively participating in finalizing A/Cs.
Education
M.COM - Accounts And Finance
Mumbai University
Kurla 02-2013
B.COM - Commerce
RKT College, University of Mumbai
Ulhasnagar 03-2010
H.S.C - Commerce
Netaji Jr. College, Maharashtra State Board
Ulhasnagar02-2007
High School Diploma -
Bhartiya Hindi High School, Maharashtra State Boar
Ulhasnagar03-2005
Skills
- Fund accounting and NAV calculations
- Performance reporting and portfolio valuation
- Cash reconciliation
- Client relationship management
- Team leadership and motivation
- Employee engagement
Languages
Hindi
First Language
English
Upper Intermediate (B2)
B2
Marathi
Upper Intermediate (B2)
B2
Sindhi
Upper Intermediate (B2)
B2
References
References available upon request.
Timeline
Assistant Manager
BNP Paribas
04.2024 - Current
Associate I (Supervisor)
Bank of New York Mellon
07.2022 - 04.2024
Financial analyst (Senior Associate)
Hexaware Technologies Limited
06.2020 - 04.2022
Financial analyst (Sr. Associate cum SME)
State Street Syntel Services Pvt LTD
01.2015 - 02.2018
Accountant
Jai Bharat Auto electric works & Pvt Ltd
06.2013 - 07.2014
M.COM - Accounts And Finance
Mumbai University
B.COM - Commerce
RKT College, University of Mumbai
H.S.C - Commerce
Netaji Jr. College, Maharashtra State Board
High School Diploma -
Bhartiya Hindi High School, Maharashtra State Boar
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