Vishal Shaha
Pune
Summary
Detail-oriented financial professional with 6 years in financial services, specialising in fund accounting and NAV computation. Led initiatives to optimise processes, reduce errors, and improve accuracy. Managed reconciliations and expense processing while fostering client relationships and ensuring compliance with accounting principles.
Overview
6
6
years of professional experience
Work History
Senior Associate
State Street Services Pvt. Ltd
Pune, Maharashtra
03.2020 - Current
- Ensured 100% accuracy in NAV calculations through rigorous review processes
- Verify all trades with impacts to NAV, percentage changes, and tolerance levels
- Review computed NAV and justify significant impacts
- Monitor and verify all subscriptions, redemption's, and reconcile operating expenses
- Account for interest, dividends, and future contracts
- Reconcile Corporate Action postings with reports and Bloomberg
- Check dividend rates and interest accrual postings with Bloomberg
- Verify Marked to Market postings and test final NAV pricing
- Tie trade prices of new buys and trades impacting NAV with Bloomberg
- Process cap-stock and reconcile accounting shares with TA shares
- Post and reconcile accounting distributions with client memos
- Process and reconcile expenses with offline spreadsheets
- Set up ratios on multi-class funds
- Ensure all alert situations are resolved and verify balanced trials
- Managed inquiries and developed standard operating procedures, enhancing process efficiency
- Allocate daily work activities to team members
- Escalate issues related to funds with onshore counterparts
- Maintain cash and expense records of the company
- Maintain productivity trackers, monthly book, KPI tracker, and error tracker for management reporting
- Implemented strategies to minimise errors in accounting records, improving reliability
- Implemented automated tracking systems, significantly reducing expense processing time
- Developed comprehensive training programme for new hires, facilitating smoother onboarding
- Provided financial services focused on fund accounting solutions
Education
MBA - Accounting
Shivaji University
Maharashtra01-2019
B. Com - Accounting
Shivaji University
Maharashtra01-2017
Class XII -
Maharashtra State Board
Maharashtra01-2014
Class X -
Maharashtra State Board
Maharashtra01-2011
Skills
- NAV calculation
- Fund accounting
- Trade verification
- Expense reconciliation
- Corporate actions
- Financial reporting
- Data analysis
- Proficient in Excel
- Microsoft Excel
- Performance monitoring
- Project management
- Communication Skills
Accomplishments
- Led initiative to improve accounting records management, Enhanced accounting records management leading to a significant decrease in errors
- Initiative to streamline expense processing, Streamlined expense processing resulting in a faster turnaround time
- Accuracy in NAV calculations, Achieved 100% accuracy in NAV calculations through improved review processes
Custom
linkedin.com/in/vishal-shaha-2a2a20144
Languages
English
Upper Intermediate
B2
Hindi
Advanced
C1
Marathi
Proficient
C2
Hobbies and interests
- Team sports
- volunteer work
- Chess
Timeline
Senior Associate
State Street Services Pvt. Ltd
03.2020 - Current
MBA - Accounting
Shivaji University
B. Com - Accounting
Shivaji University
Class XII -
Maharashtra State Board
Class X -
Maharashtra State Board