VARUN THAZHAKOTE NARAYANAN
Ghaziabad
Summary
Dynamic finance professional with a proven track record at Northern Operating Services Pvt. Ltd., adept in SAP and fostering client relationships. Excelled in streamlining fee verification processes and enhancing financial reporting accuracy, demonstrating exceptional analytical skills and a commitment to operational excellence.
Overview
7
7
years of professional experience
Work History
Technical Coordinator
Northern Operating Services PVT. LTD. (Northern Trust)
Bengaluru
08.2024 - Current
- The process of verifying custodian fees is essential for ensuring accuracy and compliance. This includes actively collaborating with EFM and the client to address and resolve any discrepancies or issues that may arise concerning the invoices received. Additionally, it involves the careful implementation of various types of fees, including performance fees and mandate fees, as well as a thorough verification process for all applicable fees to ensure they are calculated correctly.
In terms of onboarding, the setup of new clients is an important aspect within the Revport application, which is specifically designed for the purpose of calculating the fees associated with investment managers effectively. This application assists in streamlining the setup process and ensures that all fee-related calculations are managed efficiently.
Moreover, the monthly accounting close is a critical activity carried out each month, accompanied by comprehensive monthly reporting to keep stakeholders informed. This process is supported by a diligent daily review of accounts to monitor activities and maintain accuracy in financial reporting. Lastly, the responsibilities also include the invoicing related to the funds, as well as managing rebate invoicing, making sure all aspects are handled with precision and care.
Finance R&A Reporting Analyst
Koch Business Solutions
12.2023 - 08.2024
- In alignment with the requirements of the Business Unit (BU), I am responsible for building detailed reports, utilizing various software tools, including OneStream, SAP, and BW. My primary focus is on analyzing and presenting key performance metrics that are critical to the business, such as the book-to-bill ratio, the backlog Customer Request Date (CRD), and the Monthly Performance Dashboard (MPD).
In addition to these responsibilities, I create and submit Management Operating Reports (MOR) to the global leadership team, ensuring that they have the insights needed for decision-making at the highest level. My reporting duties also include the generation of a diverse array of reports, which encompass critical elements such as the sales pipeline, capital consumed, forecasting analyses, human resources cost analysis, and daily reports that track both booking and billing activities.
As part of my reporting responsibilities, I provide year-over-year (YOY) variance commentaries that help the team understand trends and patterns in our financial data. I also take the time to review and analyze the monthly deck, which serves as a comprehensive summary of commentaries sourced from all departments within the organization. This deck provides essential insights into cash conversion metrics, and highlights past trends that may affect current operations.
Moreover, I prepare follow-through charts and reports that provide a detailed examination of our Top 5 and Bottom 5 customers, allowing the organization to better understand customer performance and focus on areas for improvement. In preparation for our monthly conference calls, I create informative presentations that address various issues and concerns pertinent to the reporting period, ensuring that all stakeholders are well-informed and engaged in discussions.
Finally, I am tasked with drafting and maintaining standard operating procedures (SOPs) for our department, which helps to streamline processes and ensure compliance with established guidelines and practices. This comprehensive set of duties not only supports the operational aspects of our business but also contributes to strategic discussions and organizational growth.
Senior Analyst
Northern Operating Services Pvt. Ltd. (Northern Trust)
05.2019 - 12.2023
- Oversee and manage the billing processes for investment managers that pertain to a wide range of client services. This involves a thorough validation and auditing of accounts, where one must meticulously finalize these accounts by addressing and clearing any discrepancies prior to the reporting phase. The reporting process includes a comprehensive verification of various elements such as holdings, pricing, income, accruals, corporate actions, and critical performance metrics like return on investment (ROI) as well as any discrepancies pertaining to shares. Additionally, it is essential to conduct monthly high-level assessments focused on ROI, accrual flow, and identifying any unrecorded issues that might arise. In this regard, it becomes necessary to aggregate pertinent data sourced from transfer agencies, custodians, and various client reports, ensuring accuracy and coherence.
In preparation for informative and tailored reports that align with client specifications, whether these reports are generated on a monthly or quarterly basis, it is crucial to incorporate both valuation and performance data into these documents. This data plays a vital role in supporting clients' investment decisions. Alongside report preparation, it is also important to generate invoices related to clients' underlying accounts. Daily status updates need to be provided to keep all stakeholders informed, while also analyzing existing fee structures for effectiveness and implementing any required adjustments.
Furthermore, the updating and retrieval of various fee components from both internal and external sources is a critical task. This involves a careful review of the current values, the precise calculation of fees, the drafting of invoices, and ensuring that checks are formatted appropriately for final approval processes. When it comes to invoicing, setting up these processes in the Revport application necessitates the use of client-provided templates, and also requires the establishment of new investment fee setups for clients whenever such a need arises.
In addition, validating Investment Management Agreements (IMA) and Fund Fees in accordance with client agreements is a responsibility that necessitates effective coordination with different teams to ensure that fee setups and macros are correctly established. This collaborative effort is essential to guarantee the integrity of the fees being applied and reported to clients, thus ensuring aligned expectations and satisfactory service delivery in all aspects of billing for investment management services.
Process Executive - Credit & Collection Admin (Cash Apps)
Brady Company India Private Ltd.
08.2017 - 03.2019
- Managing the daily influx of credit card payments is a crucial part of our operations. This involves not only processing payments but also actively communicating with customers regarding any discrepancies or issues that may arise in relation to payments for the various services or products that we provide. In these situations, it is essential to coordinate effectively with different departments within the Business Unit (BU) to ensure that customers receive timely and accurate resolutions to their concerns.
Additionally, I am responsible for preparing the necessary documentation for the Credit and Collections (C&C) process, which includes creating detailed reports and records that facilitate smooth operations. Furthermore, I provide comprehensive training for new joiners to ensure they are well-equipped to handle their responsibilities and understand our processes thoroughly.
I also address and work on various queries that we receive from both customers and the Business Unit, ensuring that all questions are answered promptly and accurately. It is vital to ensure strict adherence to PCI compliance regulations when handling credit card information, as this protects both our customers and our organization from potential data breaches.
Quality checks are an integral part of my responsibilities, and I conduct these checks on a daily, weekly, and monthly basis, as well as upon request, to maintain high standards of accuracy and service. I also track and mark the Payment to Promise (PTP) commitments and follow up diligently on any broken promises to ensure accountability and improve our service delivery.
In cases where invoices become overdue, I am tasked with sending warning letters to customers, reminding them of their outstanding payments and encouraging prompt resolution. Lastly, I am involved in managing the Dispute Distribution process, which requires careful attention to detail and effective communication to resolve any disputes that may arise efficiently.
Education
Bachelor of Commerce -
Bangalore University
01.2016
Skills
- SAP
- Get paid
- One stream
- Business warehouse
- Coupa
- MS Office suite
- Fund master
- Institutional Investment Passport
- Performance Analysis Calculating Engine
- Report Scheduler
- Audit and Review Tool
- Pace Audit
- Intranet Reporting
- Revport
- Enterprise Relationship Management
- Fundamentals
- Coric
Accomplishments
- Received Bravo and Spot award multiple times
- Milestone award for consistent performance Q1 2019
- Silver Reward for GQG Reporting on Rebranding
- Silver Reward for Q4 2020 for best performance
- Silver Reward for Q2 2021 for best performance
- Silver Reward for Q4 2022 for new Fee client setup
References
Available on Request
Languages
- English
- Hindi
- Malayalam
Personal Information
Date of Birth: 05/07/94
Affiliations
- I excel as a team player, effectively collaborating with others to achieve common goals and contribute positively to group dynamics. Additionally, I am a quick learner who can rapidly grasp new concepts and adapt to various situations with ease.
Languages
Hindi
First Language
English
Advanced (C1)
C1
References
References available upon request.
Timeline
Technical Coordinator
Northern Operating Services PVT. LTD. (Northern Trust)
08.2024 - Current
Finance R&A Reporting Analyst
Koch Business Solutions
12.2023 - 08.2024
Senior Analyst
Northern Operating Services Pvt. Ltd. (Northern Trust)
05.2019 - 12.2023
Process Executive - Credit & Collection Admin (Cash Apps)
Brady Company India Private Ltd.
08.2017 - 03.2019
Bachelor of Commerce -
Bangalore University
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