SIDHANT TIRMARE
Pune
Summary
Results-driven finance professional with a proven track record at State Street Corp, excelling in net asset value calculations and report reconciliation. Demonstrated strong analytical skills and effective communication, achieving high client conversion rates in corporate sales. Adept at problem-solving and critical thinking, ensuring accuracy and compliance in financial operations.
Overview
3
3
years of professional experience
1
1
Certification
Work History
Associate 2
STATE STREET CORP
PUNE
05.2023 - Current
- Analyze and research the impact of recon breaks on NAV.
- Well-versed in various tools, such as BBG, MCH, DNAV, etc., equity, fixed income, private market, commingled funds, and mutual funds in the market.
- Interpret investment manager statements, security holdings, etc. And decode the information.
Perform a price tolerance check to ensure security, and make sure prices are within thresholds.
- Perform a rate of return check, and compare it with the market benchmark. Perform mark-to-market and ledger-to-sub-ledger checks.
Finalize the NAV, and release it to the respective stakeholders.
- Calculate and validate a daily, weekly, and/or monthly Net Asset Value (NAV) for your assigned funds. Reconcile cash daily (no unresolved discrepancies).
- Reconcile portfolio positions daily (including equities, bonds, swaps, options, foreign exchange, futures, and other evolving derivative instruments). Accrue income and expenses daily. Analyze and validate traders' profit and loss statements daily.
- Analyze and validate position market values daily. Post accounting entries to the general ledger daily. Review and validate the partner/shareholder allocation calculations, including management and incentive fee calculations. Research and resolve differences between accounting and trade entry systems daily.
Corporate Sales Officer
HDB Financial services
Nagpur
12.2021 - 04.2023
- Company Overview: HDB is the sister company of HDFC Bank, which deals in financial services of banking.
- Handling commercial payment solutions.
- Star performer for the financial year 2021-22 in a short period of time.
- Given a task to visit four-wheeler dealers, I visited the most number of showrooms, which is 7, from the Nagpur region.
- Convinced the largest number of clients and converted them to buy the product.
Education
MBA - FINANCE
RTMNU Department Of Business Management
Nagpur06.2021
BBA - FINANCE
Dr. Ambedkar institute of Management Studies And Research
Nagpur06.2019
Skills
- Problem Solving
- Analytical
- Communication
- Net asset value calculation
- Effective communication
- Critical thinking
- Team building
- Active listening
- Report reconciliation
- Variance reconciliation
Certification
- Financial Accounting, IIT Mandi, 01/01/21, 04/01/21, It contains basic financial statements and format.
- Marketing Essential, 08/01/20, 11/01/20, It contains basics of marketing principles of marketing 4p essentials of marketing.
- Fundamentals of Corporate Finance, 08/01/22, 09/01/22, This introduction to Corporate finance course will give an overview of all the key concepts of investment banking and equity research.
Projects
A Study Of Financial Performance Of CEAT Tyres, MBA, 01/01/21, 03/01/21, The project includes financial statement analysis of CEAT Tyres Ltd with the help of ratio analysis.
Hobbies and Interests
- Listening Music
- Reading
- Sports Facts
- Travelling
Languages
- English, Full Professional Proficiency
- Hindi, Full Professional Proficiency
- Marathi, Full Professional Proficiency
Timeline
Associate 2
STATE STREET CORP
05.2023 - Current
Corporate Sales Officer
HDB Financial services
12.2021 - 04.2023
MBA - FINANCE
RTMNU Department Of Business Management
BBA - FINANCE
Dr. Ambedkar institute of Management Studies And Research
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