Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
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Sathish Kumar N

Manager
Bangalore

Summary

A competent professional, offering 14 years of proven track record in managing Fund Accounting and Financial planning services including contributions in streamlining operations, possess excellent analytical, troubleshooting and inter-personal skills with ability to drive quality enhancement, process improvement and cost savings initiatives.

Overview

14
14
years of professional experience

Work History

Manager

State Street Corporation
10.2020 - Current
  • Financial planning & analysis for mutual funds
  • Expense management: Monitor daily expenses posting and cap check. Ensure that variable expenses are correctly posted and process the payment monthly. Forecasting & prepare fixed expense budget monthly, Quarterly & Annual. Initiate payment process based on original invoice provided by client/vendor, follow-up the payment status & accounting system posting.
  • Distribution: Proficiency in calculating income projections to determine expected income for certain period. Calculate per-share distribution amount using outstanding shares as of record date, which are also approved by client and processed through accounting system.
  • Performance: Once NAV published make sure all nightly performance files are delivered to respective parties. Reconcile daily performance between accounting system vs performance system. Calculate and report monthly performance to client along with index performance comparison.
  • Reporting: Experienced in preparing supporting document for prospectus & Financial reporting.
  • Served as primary point of contact for any inquiries from clients and stakeholders, ensuring timely and accurate responses to all requests.
  • Applications worked on: MCH(Multi Currency Horizon) - Accounting system & eHorizon - Expense & Budget management

Operation Lead

Societe Generale Global Solutions Pvt. Ltd.
01.2015 - 10.2020
  • Validating NAVs (Net Asset Value) as per defined timeliness & accuracy
  • Expertise with wide range of investment products which include Equity, Fixed income instruments (various type of bonds), Derivatives, TCN, Term deposits & CDS.
  • Resolving routine problems independently & reducing dependency on onshore partners
  • Implementing controls / procedures as defined in SOPs; reviewing existing SOPs regularly.
  • Identifying training needs and facilitating / conducting training programs along with assessments
  • Tracking productivity and quality metrics/measurements (KPIs) to ensure optimum operational efficiency.
  • Managing escalations of team and providing correct feedback to analysts for improving their performance.
  • Turning-around and stabilizing business operations through continuous training, equal spread of portfolio, process enhancement and job rotation
  • Applications worked on: GP3 - Accounting system & Accurate - Cash reconciliation.

Senior Associate

Tata consultancy services Ltd.
09.2012 - 12.2014
  • Processed day-to-day operations of Hedge fund accounting & deal settlements, while ensuring that procedures for NAV calculations were adhered to and NAV for day was computed accurately.
  • Processed fund accounting including unit capital accounting, interest accrual, Cash reconciliation, position reconciliation, settlement of equity / fixed income deals and valuation of securities
  • Managed accounting of manual trades booking and verify integrated trades and trade related activities with supporting documents from custody and client.
  • Ensured that all corporate actions are accounted and reconciled with custody statement and verify backup from vendor (Bloomberg)
  • Calculate fixed expenses and posting journal entries for respective funds and verify accrual and payable accounts.
  • Processed invoice for payments after checking on invoices, in-case of difference between accrual and invoice, make adjustment as per agreement.
  • Co-ordinate with Onshore team for exceptional events or breaks, Cash, position, Price and Expenses and same will be followed up until breaks are fixed
  • Applications worked on: Geneva - Accounting system

Relationship Manager

HDFC securities Ltd.
09.2010 - 08.2012
  • Managed Equity investors portfolio and portfolio advisory services based on research reports.
  • Tracking HNI client's portfolio and communicate market condition at right time
  • Diversifying investor's portfolio by investing in other financial products, Mutual funds, fixed deposit, corporate bond and tax planning with life cover insurance planning

Dealer

India Bulls Commodity Ltd.
12.2009 - 09.2010
  • Monitoring Commodity market investors advice & explain them benefit of equity investment than commodity investment in order to ensure minimize loss in commodity and create diversified portfolio.
  • Accompany with relationship managers to meet clients in order to explain benefit of equity market investment when its required.

Education

MBA - Finance & Marketing

University of Madras
Chennai
06.2007 - 2009.05

Bachelor of Commerce -

Madurai Kamaraj University
Sivakasi
06.2004 - 2007.05

Skills

    Fund Accounting - Hedge Fund & Mutual Fund

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Accomplishments

  • Traveled to France for a month as the lead of the migration process
  • Awarded three years as team's best performance at Societe Generale
  • Developed an automated expenditure calculation template to boost efficiency at TCS

Timeline

Manager

State Street Corporation
10.2020 - Current

Operation Lead

Societe Generale Global Solutions Pvt. Ltd.
01.2015 - 10.2020

Senior Associate

Tata consultancy services Ltd.
09.2012 - 12.2014

Relationship Manager

HDFC securities Ltd.
09.2010 - 08.2012

Dealer

India Bulls Commodity Ltd.
12.2009 - 09.2010

MBA - Finance & Marketing

University of Madras
06.2007 - 2009.05

Bachelor of Commerce -

Madurai Kamaraj University
06.2004 - 2007.05

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Sathish Kumar NManager