Shiva Kumar Gandipally

• Part of North America Fund Accounting Team.
• Responsible for Handling a Team of 7 members specialized in Money Market Income Operations.
• Track and Monitor if all the trades are booked / settled for the day as per Trade Blotter file for respective Clients.
• Check if Income is correctly reflecting from respective Buy / Sell Trades. If not liaise with Trades Team.
• Make sure funds are signed off on time and all the deliverables are met as per SLA.
• Calculation and reconciliation of Money market Income accruals
• Validating all the Income parameters of the Fixed Income securities (Rates, Security Type, Basis, Frequency, Income dates / pay dates etc.) and to make sure the setup was done correctly in accounting system.
• Make sure all the securities are accruing / amortizing correctly from previous Income date and Interest is reflecting correctly in books of accounts, if not liaise with respective internal teams.
• Maintaining consistent quality by meeting client expectations
• Creating, maintaining and regularly updating the Standard operating procedure guides at fund level / client level
• Providing periodical trainings to team members depending on the personal and professional requirements
• Handling queries and escalations from clients and Internal Teams
• Calculation of Basis point impact of different Adjustments on Fund which created due to incorrect income parameters
• Backing out of Adjustments to General Ledger accounts, which impacts the fund more than client threshold
• Posting Smoothing entries to the fund to clear any backed-out adjustments
• Managing the leaves of team members and responsible for allocating the work to team members.

• Global Portfolio & Reconciliation Services (GPRS).
• Maintain and update the data base of accounts / Portfolios, Clients and Custodians details
• Responsible to Perform Cash & Position reconciliation between Custodian data and Invesco's data using TLM (Smart Stream Reconciliation) systems and Portfolio Valuation and Market Value Reconciliations in excel
• Resolve any trade related queries with both internal and external parties, working on resolutions of unmatched and failed trades
• Checking and Clearing of Operator Intervention (Fall outs) in TLM before performing Cash and position reconciliation
• Reconciliation Involves data downloading from the Custodian's website to reconcile using TLM and Excel, matching & coding with research part on a daily basis
• Most of the portfolios are multi-currency portfolios
• Posting all the necessary transactions in Invesco's Accounting systems (FMC & STAR) to match with the custodian activities on daily basis.
• Resolving foreign exchange repatriation, dividends, management fee, cash transactions, tax reclaim-withholding, STIF interest, corporate action, Derivatives (SWAP) exceptions etc
• Resolution of long aged Breaks related to Fixed Income, Trades, Corporate Actions, Foreign Exchange, STIF, Fund Transfers etc
• Through constant follow up with Custodian Banks of different Portfolios and Internal Teams
• Checking of Trial Balance on daily basis to ensure proper currency balances in TLM
• Close review of Overdraft balances in different Currencies and follow up with Custodian & Treasury Team to cover the overdraft
• Update and review of Daily, Weekly & Monthly Audit Reports
• Responsible for preparing daily, weekly and monthly MIS & Reporting to the Functional teams in US, UK and APAC regions
• Adhere to strict timelines to meet deadlines
• Communication with client on various issues and interacting with settlements Team and with custodian banks to fix the failing trades
• Review the process regularly and make suggestions to improve process efficiency
• Follow the SOP and updating regularly if any changes / improvements in the process
• Participating in weekly calls with internal and external teams in resolving the aged open items
• Escalation & follow-up with oversight team for any issue and working with brokers and custodians on discrepancies
• Reviewing the work performed by the team members to ensures the signoff is done properly
• Taking care of Transitions / Onboarding related activities including new account openings and closures / changes in existing portfolios
• Performing and reviewing the Daily, Weekly and Monthly NAV reconciliations

Aladdin:

• Setting up / Booting the New Portfolio on Aladdin
• Responsible to Perform Cash & Positions reconciliation of fixed income securities between Aladdin system and Invesco's Account systems / with custodian data
• To make sure all the IT jobs are successful in loading the data into Aladdin system
• Querying with internal and external teams in case of any discrepancies in Coupons, Corporate Actions and Trades Etc
• Update Daily, Weekly & Monthly MIS Reports and Adhere to strict timelines in publishing the accounts and in meeting deadlines
• Review of Overdraft balances in different Currencies in Portfolio Monitor (PFM) and follow up with respective teams to clear the OD
• Point of contact for PM (Portfolio Managers) and FOO (Front Office Operations) teams in investigation and resolution of any issues related to the Portfolio
• Responsible for posting necessary cash flows in to the system to make sure Aladdin balances are in line with Custody and Invesco's accounting systems
• Respond / resolve the queries raised by Portfolio Managers / Brokers / Custodians and other operations teams
• Complete the projects as assigned
• Monitor the progress of assigned projects and communicate the same to relevant parties.