Saurabh Suresh Indore
Ambegaon
Summary
I am seeking a position as finance professional where I can work in a challenging environment and gain experience in working as part of a growth-oriented team.
Overview
7
7
years of professional experience
Work History
Senior Associate Level 1
Apex Fund Services LLP (Apex Group Ltd)
03.2022 - 12.2025
- Download and verify cash statements from custodian portals
- Perform cash and position reconciliation fund wise of various financial products like equity, bonds, derivatives products like Forward, options, futures, Swaps, FX
- Perform dividend reconciliation to validate dividend receivables and receipts, ensuring correct withholding tax treatment
- Responsible for reconciliation of cash transaction between custodian and investment manager on a daily basis
- Post necessary cash adjustments for legitimate differences
- Keep a track of all corporate action activities like Dividends, Bonus issue in funds to perform the required pricing actions
- Responsible for validate and update listed securities prices on daily basis and weekly or monthly basis for unlisted securities like Hedge funds and Private Equity
- Interact with internal and external clients daily through calls, emails and an intermediate team in order to resolve the issues
- Review the work performed by the teammates and maintain a daily reconciliation tracker and sign off once reconciled.
- Escalate unresolved and aged breaks to client or custodian with root cause analysis.
- Developed experience and the ability to utilize (Fund rec) Fund Reconciliation Application
- Actively managing the client queries on mail and along with the Day-to-Day activities
- Maintain quality deliver as per Standard Operating Procedure.
- Process: Middle office Reconciliation (Cash & Position recon)
Senior Associate
State Street Syntel Services Pvt. Ltd.
08.2018 - 01.2021
- We reconcile the prior month mutual funds (Fund Accounting) and NAV calculation. Basically, our job is to ascertain the reliability on various items appearing on the financial statements i.e profit & loss a/c, balance sheet that is also known as trial and general ledger.
- Checking month end trials are accurate. After the books are closed by the F.A and before we handover the financial statement to the financial auditor, we do an internal reconciliation to check and confirm that amount on trial is accurate and also we check the NAV calculation whether it is valid or not.
- Responsible for monthly auditing of the accounting packages & reconciling the ledger to the sub ledger, checking of the NAV & TNA.
- Auditing investment reports and check the reports whether its match with proof or not.
- Proof preparation and Reconciliation of books (monthly/semi/annual/quarterly audit).
- Provides fund data to client through the processing & reconciliation of accounting on the appropriate system LSL (Ledger to sub ledger) and researching the discrepancies through MCH.
- Performing checks on assigned accounts according to procedures, including checking and correcting discrepancies.
- Providing Training to New Joiners and resolve their problem related reports saving and proofing.
- Communicating with the clients regarding the exceptions and specifications via emails or tele conferencing.
- Responsible to maintain SLA.
- Process: Monthly proofs-USIS Fund Accounting – Mutual Funds and NAV calculation validation
- Tenure: 29th Aug 2018 to 29th Jan 2021.
Accountant
B. K. Kothari & Co.(C.A. Firm)
06.2014 - 06.2015
- Professional Tax Return Monthly and Annually.
- Accounting – sales and Purchase entries, Suspense Clearance, Expenses entries.
- Tenure: 15th Jun 2014 to 30th Jun 2015.
Education
MBA - Finance
Savitribai Phule University
01.2017
B. COM - undefined
Savitribai Phule University
01.2014
H. S. C. - undefined
Maharashtra Board
01.2011
S. S. C. - undefined
Maharashtra Board
01.2009
Skills
Cash, Position and trade reconciliation across multiple custodians and prime brokers
Organizational Achievements
Received “Standing Ovation” award for outstanding performance.(Sep 2023), Received “Spotlight” award for created innovation in process.(May 2024), Received “Performance Converge” award for outstanding performance. (3 times)., A professional excellence award (10 SPOT Recognition) from the team leader, deputy manager and manager., Received Titan of the month award (July 2019)., Received appreciation for 100% accuracy in work.
Declaration
I hereby declare that all the details mentioned above are true, complete and correct to the best of my knowledge and belief. Date: / / 2025 Saurabh Suresh Indore
Timeline
Senior Associate Level 1
Apex Fund Services LLP (Apex Group Ltd)
03.2022 - 12.2025
Senior Associate
State Street Syntel Services Pvt. Ltd.
08.2018 - 01.2021
Accountant
B. K. Kothari & Co.(C.A. Firm)
06.2014 - 06.2015
B. COM - undefined
Savitribai Phule University
H. S. C. - undefined
Maharashtra Board
S. S. C. - undefined
Maharashtra Board
MBA - Finance
Savitribai Phule University