VIGNESH DEVARAJAN

Supervising a team of senior representatives in NAV construction process of mutual funds.

Reviewing capital stock (Redemptions & Subscriptions) bookings on daily basis of mutual funds.

Generating and approving Variation Margins – MTMs on daily basis for derivative products – Futures and Options.

Performing detailed analysis on the breaks in income roll forward file on daily basis.

Providing observations/feedback to recon teams on daily basis.

Compiling general ledger entries on daily basis with 100% accuracy.

Providing detailed report of analysis and research of ageing breaks to upper management on weekly basis.

Conducted RCA sessions on weekly basis for the team to scrutinize errors and to bridge knowledge gap in the process.

Reviewing process structures and procedures on regular basis to identify areas in need of improvement and betterment.

Handling Reconciliation of cash, positions for hedge funds between the Accounting (Client) software vs various brokers.

Portfolio accounting for Hedge Funds, pricing the securities to match the current market and estimating the NAV of each Fund.

Booking the Redemptions and Subscriptions.

Processing daily trades and Non-trade activities

Investigated the discrepancies in the corporate actions.

Performed month-end close processes (Accrual and Reversal Payments) and financial statement preparation.

Ensuring that all the Corporate Actions are processed appropriately in the general ledger and also verifying any material late corporate actions are reflected appropriately in the general ledger. Checking the Corporate Action impact on NAV and taking the required action.

Calculated Net Asset valuation on a monthly basis, which involves pricing the securities, Market valuation, dividend, cash, positions and interest.

File all completed work in an organized manner.