VIJAY MAHENDRAKAR
Bengaluru
Summary
A highly skilled Private Equity professional with an experience of 6 years, and 2 years managing team members. Exposed to various aspects of financial services such as Private Equity Fund Accounting, Private Equity Performance metrics, Portfolio Administration, Management Fee Calculation, PCAP (Partner Capital Statements valuations), Capital Call, Distribution, waterfall Calculations, NAV Calculations, Financial Reporting (US GAAP). Typically, well versed with End-End Fund Administration. Additionally, I have experience in Fund- Position Reconciliation, Cash Reconciliation, Data Operations.
Overview
7
7
years of professional experience
Work History
Consultant II – Lead Investment Associate
Aon Consulting Pvt. Ltd. (Aon plc)
Bengaluru
2021.06 - Current
- People Manager who is accountable for managing the team and setting up the process. Actively involved in End to End of Fund Accounting of Private Equity.
- Distribution Calculation, Management Fee Calculations Review.
- Review of Book keeping, NAV Calculation, preparation of Financial Statements, PCAP (Partners Capital Account Statements) and delivering to the client.
- Daily and Weekly Cash file reconciliation of the funds to ensure that the funds have enough cash balance in the accounts for funding the investments.
- Responsible to review the Journal Entries, assist team in preparing and review the NAV Packages, Financial Statements including consolidation of NAV.
- Preparing private equity fund performance using various performance metrics, preparing exceptional reports for quarterly and annually using financial statements covering US and Europe.
- Writing and reviewing commentaries on PE performance based on Parameters.
- Ensuring smooth transition of new funds/ reporting/ documentations Preparation of Metrics and sharing reports with management.
- Private equity & Real estate deliverables made into SOP digitalization.
- Worked on the Private equity benchmark index (Burgis benchmark) reports.
- Quarterly Analysis of REITS.
- Collating C-Sat scores and preparing Individual KPI reports.
- Coordinate with Onshore team to manage the transition.
- Responsible for Back up Planning, resource allocation and SOP review and sign off.
- Allocating the work within the team members every day to get the work done through them effectively and to update the same to senior management daily.
Senior Financial Analyst- AIS (Private Equity)
JP Morgan Chase & Co. - CIB division
Bengaluru
2019.12 - 2021.05
- Processing capital activities i.e., initiating Capital Call payments and Distributions for clients and ensuring entries are recorded in the accounting system.
- Reconciling partners’ capital account balances, determination of changes in cash variance on quarterly, and monthly partner's capital account statements, and recording final valuations.
- Performing daily SDV (Same Day Valuation) pricing for clients’ Market Value.
- Carrying out FX processing for non-USD transactions to ensure market values are being reported accurately.
- Performing PCD (Portfolio Company Drill Down) performance reporting every quarter.
- Setting up new deals for client investments and ensuring all the relevant data has flown accurately into the accounting systems.
- Performed review of valuations, and transactions processed by subordinates and preparing end of day metrics.
- Involved in the preparation/amendment of SOPs to reflect changes in the workflow process.
- Assisted in the upgrading of the GDT (Global Directive Tracking) tool, and testing of Testing of TIM application to help identify issues.
- Preparing asset under management (AUM) reports.
- Trained Juniors in the process and initiated refresher training.
- Preparation of process reference guide to help new joiners in remembering key points while processing.
Senior Associate
State Street Global Advisors
Bengaluru
2017.02 - 2019.11
- Identifying and resolving the discrepancies between Accounting & Custody transactions.
- Having calls with onshore teams to resolve the aged items to make sure there are no posting delays on accounting.
- Processing the FI paydown days/high volume days and making sure the review is performed for high value transactions.
- Updating the comments on TLM and reporting the weekly/monthly dashboards to the oversight team.
- Prepare Cash/Position/Market Value Reconciliations and resolve breaks
- Notify Clients/CSMs of valid breaks.
- If breaks are due to an erroneous or missing transaction in the accounting system, then make necessary adjustments.
- Reviewing pricing of the portfolio and analysing the pricing exceptions if any., Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books.
- Support operations on projects related to Automations/Work migrations/Conversions etc, Support global changes in Key operating procedures and implementation, Coordinating with Internal/External Stakeholders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers, and Clients.
Education
MBA in finance -
RNSIT-Visvesvaraya Technological University (VTU)
01.2016
Bachelor of Commerce -
BRB – Gulbarga University
01.2014
Skills
- MS Power BI & Power Query
- Basics VBA
- MS Excel
- Investran
- Private I
- Salesforce
- Smartstream TLM NAV
- Bloomberg
- IHS Markit
- Evestment
Accomplishments
- Highlight Star Award by Aon
- Gold - Team Award by Aon
- Awarded consistent performer by JP Morgan
- Awarded shining start by State Street
Personal Information
- Date of Birth: 03/19/93
- Marital Status: Married
- Religion: Hindu
Custom
- Badminton
- Cooking
Custom
I hereby declare that all the above information and facts are true to the best of my knowledge and belief.
Timeline
Consultant II – Lead Investment Associate
Aon Consulting Pvt. Ltd. (Aon plc)
2021.06 - Current
Senior Financial Analyst- AIS (Private Equity)
JP Morgan Chase & Co. - CIB division
2019.12 - 2021.05
Senior Associate
State Street Global Advisors
2017.02 - 2019.11
MBA in finance -
RNSIT-Visvesvaraya Technological University (VTU)
Bachelor of Commerce -
BRB – Gulbarga University
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