SIDHINATH SAHOO
Gurgaon
Summary
Finance professional with over 3.5 years of progressive experience in the private equity (PE) industry, spanning both the fund administration and asset management domains. Demonstrated ability to navigate the full spectrum of private equity operations, from back-office fund administration functions like capital accounting, NAV calculation, and investor reporting, to front-line asset management tasks including portfolio monitoring, performance tracking, and providing assistance to third-party administrators. A qualified CMA, CA finalist, and commerce graduate, passionate about contributing to high-growth environments.
Overview
10
10
years of professional experience
Work History
Senior Analyst
Wipro Limited-Blackstone COE
Gurgaon
06.2024 - Current
- Preparation and review of NAV packages on a quarterly basis.
- Preparation and review of financial statements (Statement of Financial Position/Condition, Schedule of Investments, Statement of Operations, Cash Flow Statements, including footnotes).
- Creating investor allocation and notices for capital calls, distributions, and management fees.
- Preparation and review of management fee calculation.
- Preparation of the expense budget and also periodic reviews to ensure the correct numbers.
- Performed carried interest/promotion calculation.
- Preparation of clawback analysis for all funds.
- Preparation of the IRR file and calculation of the preferred return.
- Preparation of deal/position setup template and entity creation in Investran.
- Preparation of Interest Rate Cap working.
- Preparation of the reconciliation file for investment valuation.
- Actively managed Coupa coding (invoice allocation to different funds based on the structure chart and their ownership).
- Preparation of different MIS reports, like cash rec, DRPs, and distribution summary file.
- Assist in the review of open-ended funds.
- Handles compliance activities like TIC SLT, Form PF, and Form AIFMD.
- Actively manage the workflow wire.
- Work paper standardization
- Assist auditor in FS queries
PE Fund Accountant
Citco Group Limited
Hyderabad
01.2022 - 04.2024
- Preparing monthly cash reconciliations, along with downloading bank statements.
- Managed journal entries, bank reconciliation, and monthly accruals.
- Preparing expense reconciliations for monthly and quarterly funds.
- Preparation of the current income distribution file quarterly.
- Preparation of the capital call and distribution allocation file, as per the client's request.
- Generating capital call, distribution, and PCAP notices in reporting services.
- Prepare NAV packages monthly and quarterly.
- Calculation of management fee and bookings.
- Preparation of the waterfall model.
- Preparation deal/position setup template as per the client's request.
- Preparation of NAV packages for General Partner Funds.
- Managed capital calls, distributions, and fee calculations, ensuring accuracy and timely communication with investors in accordance with LPAs.
- Produced quarterly investor reports, capital account statements.
- Coordinated with the IR team and auditors to ensure timely, accurate communication and reporting.
Articled Assistant
MGBS & Associates, Chartered Accountants
Chennai
06.2015 - 06.2018
- Conducted statutory audits, internal audit and stock audits
- Worked on various tax assignments, including GST compliances
- Assisted in income tax hearings, provided consultancy in implementation of ERP system
- Assisted in Bank audits, provided book keeping services
- Ensured compliance activities Income tax, GST, TDS and PF/ESI
Education
CMA -
The Institute of Cost Accountants of India
01.2021
CA Inter (Both Group) -
The Institute of Chartered Accountants of India
01.2017
B.Com (Accounting Hons.) -
Utkal University
01.2015
12th -
Sri Aurobindo Science College
10-2011
10th -
Satya Narayan High School
06-2009
Skills
- Private equity
- Real estate
- Management fee
- Waterfall model
- Capital call
- Distribution
- Carried interest
- Financial statement analysis
- NAV preparation
- Fund accounting
Languages
- English
- Hindi
- Odia
Accomplishments
- Successfully implemented automated management fee calculation through the tool
- NAV workpaper standardization across business units
- Streamline the expense budget and accrual process
Timeline
Senior Analyst
Wipro Limited-Blackstone COE
06.2024 - Current
PE Fund Accountant
Citco Group Limited
01.2022 - 04.2024
Articled Assistant
MGBS & Associates, Chartered Accountants
06.2015 - 06.2018
CMA -
The Institute of Cost Accountants of India
CA Inter (Both Group) -
The Institute of Chartered Accountants of India
B.Com (Accounting Hons.) -
Utkal University
12th -
Sri Aurobindo Science College
10th -
Satya Narayan High School
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