Sakshi Mangla
Summary
Dynamic finance professional with extensive experience at Northern Operating Services Private Limited, specializing in Net Asset Value calculation and audit coordination. Proven track record in regulatory compliance and client relationship management, leading teams to enhance fund reporting accuracy and optimize investment structuring. Committed to delivering results through advanced financial modeling techniques.
Overview
7
7
years of professional experience
1
1
Certification
Work History
Technical Coordinator
Northern Operating Services Private Limited
Pune
03.2024 - Current
- Regularly calculate and ensure accurate Net Asset Value (NAV) for private equity and hedge funds, including investments, fees, and capital calls, in line with market conditions and accounting standards (US GAAP/IFRS).
- Perform detailed reconciliations of fund positions, cash balances, and transactions, resolving discrepancies in a timely manner.
- Fine-tuned waterfall analyses alongside managing capital calls and distributions for reliable depiction of fund outcomes.
- Assist in setting up fund structures, including limited partnerships, AIVs (Alternative Investment Vehicles), and special purpose entities, ensuring seamless integration into accounting systems.
- Manage investor communications, respond to audit and investor queries, and produce ad-hoc reports tailored to investor needs.
- Perform detailed reconciliations of fund positions, cash balances, and transactions, resolving discrepancies in a timely manner.
- Lead a team of 10+ fund accountants, providing mentorship, training, and support to new joiners, while ensuring smooth service delivery for clients.
- Conduct regular training sessions for new hires and team members, facilitating knowledge transfer, and ensuring adherence to best practices.
- Coordinate audit processes for clients, ensuring all financial activities are accurately recorded and compliant with accounting standards. Handle external and internal audit queries promptly.
- Manage investor communications, respond to audit and investor queries, and produce ad-hoc reports tailored to investor needs.
Senior Fund Accountant
Northern Operating Services Private Limited
Pune
02.2022 - 03.2024
- Led the calculation of Net Asset Value (NAV) for multiple private equity funds, ensuring accurate valuation, and strict adherence to regulatory standards (US GAAP/IFRS).
- Conducted detailed reconciliations of cash, fund positions, FX, and derivative transactions, identifying and resolving discrepancies to maintain data integrity.
- Led monthly fund reviews, analyzing positions, expenses, and valuations to enhance the accuracy and reliability of fund reporting.
- Managed the fund audit process, collaborating with custodians, pricing teams, and portfolio managers to ensure timely and accurate financial reporting.
- Calculated performance fee, hurdle rate, benchmarking fee.
- Trained junior analysts, fostering a knowledge-sharing environment, and enhancing team productivity and accuracy in fund accounting tasks.
- Acted as a pivotal member of the NAV Analysis POD within the 3-POD Model, driving process optimization, and improving the accuracy and timeliness of fund reporting.
- Performing fund administration activities, including expense allocation, budgeting, and cash allocation.
- Analyzing fund metrics and ensuring compliance with regulatory specifications.
Finance Executive
Mount International
Indore
03.2021 - 12.2021
- Maintained accurate records of financial transactions, ensuring compliance with Generally Accepted Accounting Principles (GAAP), and internal financial policies.
- Regularly reviewed and updated financial statements, ensuring accuracy and timeliness in reporting.
- Established and maintained strong relationships with vendors and clients to facilitate smooth, prompt financial transactions.
- Coordinated audits with external auditors, preparing audit schedules, reviewing findings, and developing actionable plans to address issues identified during audits, resulting in improved financial controls.
- Identified discrepancies, and ensured timely resolution of issues to maintain accurate financial reporting.
- Conducted comprehensive transaction monitoring and KYC analysis to ensure compliance with regulatory requirements, and mitigate financial crime risks.
- Identified and flagged suspicious transactions, coordinating with relevant teams to initiate investigations, and ensure adherence to anti-money laundering (AML) protocols.
Accounting Analyst
Vineeta & Co.
Bhopal
02.2018 - 02.2021
- Verified and posted account transactions, providing weekly and monthly reporting of AP aging to senior management to maintain accounting ledgers.
- Prepared monthly, quarterly and annual reports for management review.
- Reconciled or entered report discrepancies found in financial records.
- Performed financial calculations for amounts due, interest charges and balances.
- Assisted with external audit requests including preparation of supporting schedules and documentation.
- Reconciled computer reports with manually maintained ledgers.
- Performed detailed reconciliations of balance sheet accounts such as cash, accounts receivable, inventory, fixed assets.
- Gained exposure to RBI concurrent audits and statutory audits for various banks, ensuring compliance with regulatory standards, and identifying areas for improvement in internal controls and financial processes.
- Conducted government audits for Bharat Heavy Electricals Limited (BHEL) and various educational institutions for two consecutive years, ensuring financial integrity, and compliance with government regulations.
Education
Master of Commerce - Finance
Barkattullah Univeristy
Bhopal05-2020
CA Intermediate - Accounts And Audits
The Institute of Chartered Accountants of India
Delhi05-2018
Bachelor of Commerce - Commerce
Barkattullah University
Bhopal05-2018
Skills
- Net asset value calculation
- Fund Administration Strategies
- Audit coordination
- Investment structuring
- Performance fee calculation
- Regulatory compliance
- Advanced Financial Modeling Techniques
- Investment Risk Assessment
Accomplishments
- Recognized for outstanding performance by Offshore & Onshore management for exceptional NAV analysis and process improvements
- Got awards like- Best Dancer and Best dressed and also for the best team
Certification
- Power Bi Tool - Udemy
- Advanced ITT - Institute of Chartered Accountants of India
- Management and communication skills(MCS) - ICAI
Timeline
Technical Coordinator
Northern Operating Services Private Limited
03.2024 - Current
Senior Fund Accountant
Northern Operating Services Private Limited
02.2022 - 03.2024
Finance Executive
Mount International
03.2021 - 12.2021
Accounting Analyst
Vineeta & Co.
02.2018 - 02.2021
Master of Commerce - Finance
Barkattullah Univeristy
CA Intermediate - Accounts And Audits
The Institute of Chartered Accountants of India
Bachelor of Commerce - Commerce
Barkattullah University
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