Venkatesh Gopanaboina
Private Equity And Hedge Funds And Mutual Funds Accounting
Hyderabad
Summary
Team Leader experienced in directing activities of workgroups. Develops strategies, provides training, sets goals and obtains team feedback. Excellent interpersonal and communication skills. Big picture focus with excellence in communicating goals and vision to succeed. Problem solver, networker and consensus builder.
Overview
9
9
years of professional experience
5
5
years of post-secondary education
3
3
Languages
Work History
Team Leader
State Street Corporation
Hyderabad
02.2019 - Current
- Established open and professional relationships with team members to achieve quick resolutions for various issues.
- Conducted training and mentored team members to promote productivity, accuracy, and commitment to friendly service.
- Mentored and guided employees to foster proper completion of assigned duties.
- Manage the day-to-day activities of a functional/oversight team by monitoring, reviewing and validating all daily activity to ensure accuracy and timeliness in calculations and processing, as well as adherence to controls, e.g. ensuring accurate g/l and/or balance for daily pricing.
- Performing different kind of fee calculations such as Management fee and performance fees as outlined in the prospectus.
- Review cap stock activity (subscription/redemption) on the fund and make sure it’s booked as per the transfer agent file.
- Review/Setup ratios on the multi class funds as per the class level investor contribution.
- Review the trades which have booked on the fund with client instruction.
- Setup expense accruals on the fund and review expenses on daily basis to make sure all good.
- Review all the corporate actions which are processed on the fund and make sure that they have processed correctly.
- Review all the income accruals are processed for the funds and escalate to respective team if anything is missing.
- Work on the income distribution on daily distribution funds and processing of periodic distributions (capital gains) as per the client request.
- Review MTM has processed correctly on the fund.
- Review any impacts on the NAV and make sure those impacts are valid for the day.
- Work on trial mapping whenever there is a new accounts added on the fund.
- Preparation of pricing and verification with different Vendors like IDC, Bloomberg, Reuters, Broker statements & Markit.Comparing with IDC and client valuation data and monitor if there are any discrepancies with prices applied by pricing team and reaching out pricing team and client for confirmation.
- Providing adhoc reports to the asset managers regarding performance and historic trading Analysis.
- Review all the alerts and validate them before the release of NAV.
- Responsible to send NAV files to different parties on daily basis as per the SLA’s
- Assist to audit and risk team as per the requirement. Profit and Loss checks, ROC, Market value checks to report the accurate information.
- Provide timely accurate management reporting and issue log maintenance, under moderate supervision.
- Research and resolve exceptions and issues, Escalate unresolved issues to management as required.
- Responsible for Fund events like Fund Mergers/Internal Fund Transfers and processing of fund merger events and any internal fund transfers between the funds.
- Monitored team performance and provided constructive feedback to increase productivity and maintain quality standards.
- Communicated KPIs outlined in annual plan to inform employees of expectations and deliverables.
- Held weekly team meetings to inform team members on company news and updates.
Data Researcher
S & P Global
Hyderabad
09.2015 - 01.2019
- Utilized advanced querying, visualization and analytics tools to analyze and process complex data sets.
- Worked with stakeholders to develop quarterly roadmaps based on impact, effort and test coordinations.
- Work on data gathering, data enrichment and data maintenance in a format as required, whilst maintaining the integrity and quality of the data.
- Assist in answering data-related client questions, both internal and external, to ensure platform user issues are investigated and status updates provided to client facing team members.
- Perform ad-hoc data tasks/research to enable product development and increasing our data coverage to ensure we are always at the forefront of the market.
- Presenting research reports in standardized formats and in conformance with US GAAP, SFAS and IFRS.
- Content collection of financial statements of US Companies like Income Statement, Balance Sheet, Cash Flow Statement and Per Share Statements of the companies and making necessary classifications which is a key input for deriving the final products.
- Responsible for Supplemental data includes additional financial data which is available in the notes to financial statements and which is not considered part of the main financial statements (IS BS and CF).
- Collection of Supplemental financial data for all U.S., Canada Public Companies and Global companies through various internal applications along with the Industry Specific Data points.(Banks,Insurance, Retail and Metals & Mining etc.)
- Analyzing the financial statements and procure the information in the area of employee stock benefit schemes, stock options&warrants, repurchase schemes.
- Extra ordinary Analysis of items & their impact on the Earnings per Share.
- Maintaining quality standards by providing necessary updates, & contributing as a team member towards necessary enhancement in the process and tool.
Tax Analyst
Best Tax Filer
Hyderabad
10.2014 - 08.2015
- Monitored legislative and regulatory arenas for relevant tax issues and updated management to facilitate informed decisions.
- Conducted targeted tax research to facilitate informed project planning and compliance efforts.
- Participated in creation of tax footnotes for public tax filings to improve corporate transparency and credibility.
- Maintained database of federal and state tax laws and regulations to promote uniform policy and procedural compliance.
- Prepare and review federal and state income tax returns and city and county tax returns.
- Responsible for calculating accurate tax payments and estimated refund on annual basis.
Education
MBA - Finance And Human Resource Management
JNTU Kakinada
Kakinada, India 08.2012 - 12.2014
Bachelor of Commerce (Computers) - Financial Accounting,Tax And Auditing.Computers
Andhra University
Visakha Patnam, India 07.2009 - 03.2012
Skills
Staff education and training
Daily workflow improvement
Multitasking Abilities
MS Office and Office 365 and VBA ang C Programme
Knowledgeable in Financial Data Collection ApplicationBloomberg and IDC and Reuters, CNAV and MCH Pro series (Tax Application)
Client Service
Good and Quick Learner
Ability to work in a Team and As an Individual
Hard Working and Dedicated towards Works
Timeline
Team Leader
State Street Corporation
02.2019 - Current
Data Researcher
S & P Global
09.2015 - 01.2019
Tax Analyst
Best Tax Filer
10.2014 - 08.2015
MBA - Finance And Human Resource Management
JNTU Kakinada
08.2012 - 12.2014
Bachelor of Commerce (Computers) - Financial Accounting,Tax And Auditing.Computers
Andhra University
07.2009 - 03.2012