Vineeth Seemakurthi

Responsibilties-

End-to-End Accounting for Blackstone’s $6 Billion Debt Strategy Private Equity Fund

• Preparing quarterly financial statements and yearly audited financial statements, including balance sheets, income statements, cashflows, and SOI, along with accompanying footnotes.
• Implementing a new cash reconciliation process and fund setup, optimizing financial operations, and ensuring accurate fund management.
• Collaborating with cross-functional teams to enhance the distribution process across Blackstone funds, resulting in improved efficiency and streamlined operations.
• Mentoring junior analysts, providing knowledge transfer, guidance, and support for business-as-usual activities.

Highlights-

• Led capital activities, including capital calls and monthly distributions, analyzing daily net gains to distribute income and return capital to LPs across complex structures.
• Worked with an internal audit focusing on the distribution process, working with auditors to streamline operations and achieve automation.
• Booked and reconciled cash transactions using Anaplan and Investran.
• Executed quarterly reporting and compliance activities, including GP close and LP close, booking expense accruals for management fees, admin fees, tax, and audit
• Prepared DRPs for GP, NAV packages for advisors, and ILPAs for investors.
• Developed processes for the setup of new funds based on interpretations of fund legal documents and investor side letters.
• Improved process efficiency by 30%, leading to automation of workpapers and saving 200 hours annually
• Ensured quality assurance, maintaining an 'always audit ready' standard
• Executed comprehensive financial analysis to drive business growth and optimize financial performance
• Partnered with project managers to improve financial procedures and guarantee regulatory compliance standards are met

• Responsible for preparation of Books of Accounts, Posting of Journal Entries
• Entering vouchers of Accounting transactions on daily basis
• Prepare Monthly sales and total Monthly Payables and Receivables
• Monitoring and Ensuring all Accounting Transactions in Tally
• Managing Payroll Preparations, biweekly reporting and maintains record history
• Providing Management with MIS reports age wise debtors & creditors Position
• Analysis of Draft Financial Statements including notes to accounts
• Compliance with disclosure requirements of Schedule III of Companies Act, 2013
• Assisted clients to raise the efficiency of Accounting processes