SAHIL JAIN

• Managing a team and overseeing daily fund operations, ensuring smooth workflow and operational efficiency in hedge fund accounting.
• Reviewing and approving hedge fund NAV calculations, ensuring accurate valuation of securities, derivatives, and alternative investments.
• Posting accrued fees, including management fees, performance fees, accrued income, FX postings, and monthly expenses.
• Calculating and validating management fees and performance fees in accordance with hedge fund agreements.
• Performing daily cash and holdings reconciliation with prime brokers and custodians.
• Reviewing investor activities, including subscriptions, redemptions, profit and loss allocations, investor reporting, and performance fee calculations.
• Reviewing financial statements, investor reports, and fund expenses to ensure accuracy and compliance.
• Verifying trade settlements and corporate actions to maintain transactional integrity.
• Collaborating with IT teams to enhance automation and system efficiencies.
• Utilizing Power BI, VBA macros, and advanced Excel templates to automate processes, streamline workflows, and reduce manual effort.
• Ensuring accurate financial reporting and operational efficiency in hedge fund operations.
• Handling auditor queries and ensuring smooth audit processes.
• Overseeing resource management, optimizing workforce allocation, and ensuring team efficiency.
• Managing team performance appraisals, setting clear goals and objectives, and fostering professional development.
• Driving business expansion by transitioning new tasks and identifying opportunities to transfer processes from the Vancouver office to the Gurugram office.

• Lead a team of six, reviewing and approving their work to ensure quality and accuracy.
• Manage and maintain financial records, ensuring the accurate calculation of fund Net Asset Values (NAV).
• Oversee and review end-to-end accounting processes for private equity funds, including journal entry bookings in Investran to ensure accuracy and compliance.
• Prepare and conduct in-depth reviews of quarterly and audited annual financial statements, providing detailed analysis of the Balance Sheet, Income Statement, Partners’ Capital Accounts, and Cash Flow statements across multiple funds.
• Supervise the preparation and review of quarterly NAV packages, incorporating all fund activities such as investment transactions, capital activities, management fees, performance fees, and waterfall calculations to ensure precision and transparency.
• Lead the preparation and review of fund-related capital activities, including LP contributions, distributions, and management fees, ensuring alignment with investor agreements and financial policies.
• Oversee investor allocations for capital calls, distributions, and equalizations.
• Ensure accuracy in partner capital account statements and related reconciliations.
• Conduct performance appraisals and one-on-one discussions with team members to assess performance, provide feedback, and drive professional development.
• Define team goals and objectives, aligning them with business priorities while ensuring operational efficiency.
• Facilitate the transition of new tasks, ensuring seamless integration and process optimization.
• Drive the expansion of operations in the Gurugram office by identifying growth opportunities and implementing strategic initiatives.
• Contribute to special projects aimed at process improvement and business growth.

· Managing a team as a Subject Matter Expert (SME), reviewing the work of juniors and ensuring accuracy in fund accounting processes.

· Fund accounting and multi-currency reconciliation for mutual funds.

· Performing daily cash and holdings reconciliation with prime brokers and custodians.

· Verifying trade settlements and corporate actions.

· Calculating and reviewing daily NAV for various mutual funds.

· Posting management fees, custody fees, and other fund-related accruals in the accounting system.

· Calculating and posting accrued management fees while ensuring compliance with fund agreements.

· Preparing and delivering weekly and monthly client reports, including reconciliations for cash, holdings, market value, accruals, NAV, and fund performance.

· Performing daily transaction and position reconciliations, ensuring accurate valuation of securities, and resolving discrepancies with custodians, corporate action teams, or trade support teams in a timely manner.

· Collaborating with IT and process improvement teams to enhance automation and operational efficiencies in fund accounting and reporting.

• Acting as a Subject Matter Expert (SME), reviewing processes, and ensuring accuracy in institutional portfolio accounting and reconciliation.
• Performing daily cash and holdings reconciliation with prime brokers and custodians, conducting research on breaks, and liaising with respective teams for timely resolution.
• Investigating trade breaks, corporate actions, and pricing discrepancies to ensure accurate reporting of portfolio positions.
• Reviewing and validating portfolio valuations, accruals, and fund expenses to maintain accurate accounting records.
• Posting management fees, custody fees, interest income, and other fund-related accruals in the accounting system.
• Calculating and reconciling accrued income, FX postings, and corporate action entitlements for institutional portfolios.
• Preparing and reviewing daily, weekly, and monthly client reports, including cash, position, NAV, and fund performance reconciliations.
• Ensuring timely settlement of trades and verifying corporate action events to maintain accurate portfolio positions.
• Coordinating with auditors and internal stakeholders to ensure compliance with accounting standards and operational controls.
• Collaborating with IS and process improvement teams to enhance automation and operational efficiencies in fund accounting and reporting.

• Performing daily reconciliation of cash and positions for mutual funds.
• Conducting fund accounting and calculating NAV.
• Handling audit requests and ensuring timely responses